A Look At MGIC Investment (MTG) Valuation After Recent Share Price Swings
MGIC Investment (MTG) has been drawing attention after recent share price swings, with the stock down about 4% over the past month but modestly positive over the past 3 months.
See our latest analysis for MGIC Investment.
Zooming out, MGIC Investment’s recent 1 month share price return of around a 4% decline and a softer 7 day move sit against a 1 year total shareholder return of 22.94%. This suggests momentum has cooled even as long term holders have seen solid gains.
If MGIC’s recent pullback has you thinking about what else is moving in financials, it could be a good time to broaden your search with fast growing stocks with high insider ownership.
So with MGIC trading at about a 1% discount to analyst targets but flagged by some…
