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Why MGIC Investment (MTG) is a Top Dividend Stock for Your Portfolio
ZACKS· 2025-07-11 16:45
Company Overview - MGIC Investment (MTG) is a mortgage insurance company headquartered in Milwaukee, operating in the Finance sector [3] - The stock has experienced a price change of 9.11% since the beginning of the year [3] Dividend Information - MGIC Investment currently pays a dividend of $0.13 per share, resulting in a dividend yield of 2.01%, which is higher than the Insurance - Multi line industry's yield of 1.8% and the S&P 500's yield of 1.52% [3] - The company's annualized dividend of $0.52 has increased by 6.1% from the previous year [4] - Over the past 5 years, MGIC Investment has raised its dividend 4 times, achieving an average annual increase of 20.17% [4] - The current payout ratio is 17%, indicating that the company pays out 17% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for MGIC Investment's earnings in 2025 is $2.92 per share, with an expected increase of 0.34% from the previous year [5] - Earnings growth appears solid for the current fiscal year [5] Investment Considerations - MGIC Investment is viewed as a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 2 (Buy) [6] - The company is positioned well compared to high-growth firms or tech start-ups, which typically do not provide dividends [6]
Enact to Host Second Quarter 2025 Earnings Call July 31st
Globenewswire· 2025-07-10 20:20
RALEIGH, N.C., July 10, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its second quarter earnings release after the market closes on July 30, 2025. Enact will host a conference call to review second quarter 2025 financial results on July 31, 2025 at 8:00 a.m. (ET). Enact’s earnings release, summary presentation and financial supplement will be available through the company's website, https://ir.enactmi.com/, at the time of their release to the public. Participan ...
MGIC Investment Corporation Schedules 2nd Quarter 2025 Earnings Call
Prnewswire· 2025-07-07 20:05
MILWAUKEE, July 7, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its second quarter 2025 financial results after the market closes on Wednesday, July 30, 2025. A conference call/webcast has been scheduled for 9:30 a.m. Eastern Time on Thursday, July 31, 2025, to discuss the Company's results for the quarter ended June 30, 2025.Individuals interested in joining by telephone should register for the call "here" to receive the dial-in number and unique PIN to access ...
Radian Hits 52-Week High: Time to Add the Stock for Better Returns?
ZACKS· 2025-07-03 15:26
Key Takeaways RDN expects the private mortgage insurance market to remain around $300 billion in 2025. New business growth and rising annual persistency rates continue to expand its insurance-in-force portfolio. RDN focuses on core, fee-based businesses with higher growth potential, recurring revenue streams.Shares of Radian Group Inc. (RDN) closed at $36.32 on July 2, near its 52-week high of $37.86. This proximity underscores investor confidence. It has the ingredients for further price appreciation. Th ...
MTG Hits 52-Week High: Time to Add the Stock for Better Returns?
ZACKS· 2025-06-25 15:26
Key Takeaways MGIC Investment Corporation (MTG) hit a 52-week high of $28.28 on June 24. Shares closed at $28.10 after gaining 18.5% year to date, outperforming the industry, the sector and the Zacks S&P 500 composite in the same time frame. MGIC Investment has outperformed its peers, including Enact Holdings, Inc. (ACT) , Horace Mann Educators Corporation (HMN) and Old Republic International Corporation (ORI) . Shares of ACT, HMN and ORI have gained 15.6%, 9.2% and 4.8%, respectively, year to date. With a ...
NMIH Stock Near 52-Week High: A Signal for Investors to Hold Tight?
ZACKS· 2025-06-17 16:21
Key Takeaways NMIH is poised to capitalize on growth in the mortgage insurance sector. A robust reinsurance strategy helps NMIH manage credit volatility and access efficient growth capital. Earnings growth is supported by increased production of both monthly and single premium policies.Shares of NMI Holdings Inc. (NMIH) closed at $40.69 on Monday, near its 52-week high of $42.49. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading abo ...
Enact Holdings Earned An Upgrade, And I'm Staying Long
Seeking Alpha· 2025-06-03 22:06
Core Viewpoint - Enact Holdings is positioned as a leading provider of private mortgage insurance, effectively supporting lenders and homebuyers in the U.S. despite challenging market conditions [1]. Company Overview - Enact operates through well-capitalized insurance subsidiaries, which enhances its ability to navigate the current rate environment [1]. Market Position - The company focuses on small- to mid-cap companies, which are often overlooked by investors, while also occasionally analyzing large-cap names to provide a broader market perspective [1].
Why Essent Group (ESNT) is a Top Dividend Stock for Your Portfolio
ZACKS· 2025-05-30 16:51
Company Overview - Essent Group (ESNT) is a mortgage insurance and reinsurance holding company based in Hamilton, operating in the Finance sector [3] - The company's shares have experienced a price change of 7% so far this year [3] Dividend Information - Essent Group currently pays a dividend of $0.31 per share, resulting in a dividend yield of 2.13%, which is significantly higher than the Insurance - Property and Casualty industry's yield of 0.55% and the S&P 500's yield of 1.56% [3] - The annualized dividend of $1.24 represents a 10.7% increase from the previous year [4] - Over the last 5 years, Essent Group has increased its dividend 4 times on a year-over-year basis, achieving an average annual increase of 16.16% [4] - The current payout ratio is 18%, indicating that the company paid out 18% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, Essent Group anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $6.87 per share, reflecting a 0.29% increase from the previous year [5] Investment Appeal - Essent Group is viewed as an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 2 (Buy) [7]
Arch Capital Trades Above 50-Day SMA: Time to Hold ACGL Stock?
ZACKS· 2025-05-19 14:31
Core Viewpoint - Arch Capital Group Ltd. (ACGL) is currently experiencing a short-term bullish trend, trading above its 50-day simple moving average, despite a significant decline from its 52-week high [1]. Price Performance - ACGL's share price is $94.59, down 18.7% from its 52-week high of $116.47 [1]. - Over the past year, ACGL shares have gained 2.4%, underperforming the industry growth of 12.8% and the Finance sector's growth of 6.3%, but outperforming the Zacks S&P 500 composite return of 0.6% [4][5]. Valuation Metrics - ACGL is trading at a forward 12-month price-to-book ratio of 1.72X, above the industry average of 1.58X, indicating an expensive valuation [6]. - The company has a Value Score of B, suggesting a relatively attractive valuation compared to peers [6]. Profitability - Arch Capital's trailing 12-month return on equity is 15.7%, significantly higher than the industry average of 7.8%, reflecting effective utilization of shareholders' equity [9]. Growth Projections - The Zacks Consensus Estimate for Arch Capital's 2025 revenues is $18.88 billion, representing a year-over-year improvement of 13.5% [10]. - For 2026, the consensus estimates indicate a year-over-year increase of 20.3% in earnings per share and 5.8% in revenues from the 2025 estimates [10]. - Earnings have grown by 33.5% over the past five years, outperforming the industry average of 18.9% [10]. Earnings Performance - Arch Capital has consistently surpassed earnings estimates in the last four quarters, with an average surprise of 13.93% [11]. Business Strengths - The company benefits from widespread operations and a compelling product portfolio, providing diversification and earnings stability [12]. - Significant efforts in inorganic growth through acquisitions have aided international expansion and enhanced operations [12]. - Solid performances in both the Insurance and Reinsurance segments, complemented by Mortgage Insurance, are expected to drive premium growth [13]. Financial Health - ACGL has maintained a free cash flow conversion rate of over 85% in recent quarters, indicating strong earnings [14]. - The company enjoys sufficient liquidity and low leverage, which strengthens its balance sheet and supports growth initiatives [13]. Final Assessment - Arch Capital has a robust product portfolio and a solid track record of premium growth, with expectations for continued growth across its business lines [15]. - The company has a VGM Score of B, indicating attractive value, growth, and momentum [17].
NMI Holdings Trades Above 50-Day SMA: Time to Hold NMIH Stock?
ZACKS· 2025-05-15 14:05
NMI Holdings Inc. (NMIH) has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price as of May 14, 2025, was $37.22, down 12.4% from its 52-week high of $42.49.The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of an uptrend or downtrend.NMIH Price Movement vs. 50-Day Moving AverageImage Source: Zacks Investment ResearchAttractive Val ...