MGIC Investment Corp. (NYSE:MTG) to Post Q4 2019 Earnings of $0.39 Per Share, B. Riley Forecasts
MGIC Investment Corp. (NYSE:MTG) – Investment analysts at B. Riley dropped their Q4 2019 earnings per share (EPS) estimates for shares of MGIC Investment in a research note issued to investors on Monday, October 21st, according to Zacks Investment Research. B. Riley analyst R. Binner now expects that the insurance provider will post earnings per share of $0.39 for the quarter, down from their prior estimate of $0.41. B. Riley currently has a “Buy” rating on the stock.
A number of other brokerages have also weighed in on MTG. Deutsche Bank raised their price objective on MGIC Investment from $18.00 to $18.50 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Zacks Investment Research upgraded MGIC Investment from a “hold” rating to a “buy” rating and set a $14 ...