NYSE:MTGDiversified Financial
Is MGIC Investment (MTG) Still Attractive After Strong Five Year Share Price Return?
If you are wondering whether MGIC Investment is still good value at around US$26.43, you are not alone, and the answer depends on how you look at its fundamentals and market pricing.
The stock is roughly flat over the last week with a 0.9% decline, yet it sits on a 6.7% gain over 1 year and a 150.0% return over 5 years, which naturally raises questions about what is already priced in.
Recent coverage has focused on MGIC Investment's position in the mortgage insurance space and how investors...