NYSE:MTG (USA) Also Trade In: Germany Mexico

MGIC Investment Corp $ 5.65 -0.71 (-11.1%)

Volume:
6,268,034
Avg Vol (1m):
5,605,265
Market Cap $:
1.94 Bil
Enterprise Value $:
-3,130,900,000.00
P/E (TTM):
3.05
P/B:
0.46
Warning! GuruFocus has detected 1 Medium warning sign with MTG. Click here to check it out.
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MTG News and Headlines - MGIC Investmentrp

GuruFocus Articles Total 36
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Some of them are widely undervalued

The following stocks are trading with a very low P/E ratio. Most of them are greatly undervalued, according to the DCF calculator.

Visteon Corp. (VC) is trading with a P/E ratio of 1.49. According to the DCF calculator, the stock has a fair value of $16.48 while it is trading around $76.64. That means it is highly overpriced by 365%. The price has risen by 22% during the last 12 months and is now 37.0% below its 52-week high and 30.27% above its 52-week low.

The company is a supplier of automotive systems, modules and components to original equipment

1479 Views    Tiziano Frateschi    2016-03-15 22:22

It was a good year for most fund managers, and a great year for some. With 2013 winding down, it’s clear which gurus had the winningest picks for the year. According to the Score Board of Gurus, the gurus whose stock investments of the past 12 months have gained the most are: John Paulson, Robert Karr, Bruce Berkowitz’s Fairholme Fund, Michael Price and Jean-Marie Eveillard. These investors’ stock picks significantly outperformed both the average hedge fund return through Oct. 31 of 6%, and the year-to-date S&P 500 return of 27.4%.

John Paulson

2007 Views    Holly LaFon    2013-12-19 22:33
During the second quarter Guru [url=http://www.gurufocus.com/StockBuy.php?GuruName=Richard+Perry]Richard Perry[/url] made noticeable increases in two companies as well as noticeable reductions in his holdings in three. The following companies represent the top five changes Perry made to his portfolio during the second quarter 2013. [b]Hess Corp ([url=http://www.gurufocus.com/stock/HES]HES[/url])[/b] During the second quarter, Perry upped his position in Hess by 158.83%. The guru purchased a total of 2,117,095 shares at an average price of $69.20. From his average purchasing price, the price per share has increased approximately 8.3%. Perry bought into Hess during the second quarter of 2007
1201 Views    Monica Wolfe    2013-08-12 21:38
Since the formation of Oaktree in 1995, Guru [url=http://www.gurufocus.com/StockBuy.php?GuruName=Howard+Marks]Howard Marks[/url] has been responsible for ensuring the firm's adherence to its core investment philosophy, communicating closely with clients concerning products and strategies, and managing the firm. Oaktree’s mission is to provide highly professional management with a primary emphasis on risk control in a limited number of sophisticated investment specialties. During the second quarter, [url=http://www.gurufocus.com/StockBuy.php?GuruName=Howard+Marks]Howard Marks[/url] of Oaktree Capital purchased 9 stocks bringing his fund’s portfolio to 80 stocks valued at about $5 billion. The following companies represent the stocks that Marks made the largest changes to. [b]Taiwan Semiconductor Manufacturing ([url=http://www.gurufocus.com/stock/TSM]TSM[/url])[/b] During
1332 Views    Monica Wolfe    2013-08-05 21:43
[url=http://www.gurufocus.com/StockBuy.php?GuruName=John+Paulson]John Paulson[/url] made billions on the implosion of the housing market in 2007, and is now setting up to profit from its recovery. In fact, his Paulson Recovery Fund has already returned 27% year to date, buoyed by a nascent housing recovery. Paulson opened the Recovery Fund in October 2009 to focus on distressed investment in real estate. It has a private-equity structure, long lock-up periods, and was run by Mike Barr and Jonathan Shumaker, formerly of Lehman Brothers’ real estate private equity division, according to his 2009 shareholder letter. Well-known for making massive bets on macro events, Paulson seems
1350 Views    Holly LaFon    2013-06-18 22:09
Celebrated for his record payday in 2010, [url=http://www.gurufocus.com/StockBuy.php?GuruName=John+Paulson]John Paulson[/url] has more recently been noted for the deterioration of his gold fund, wherein he lost 28% in the first quarter. This followed double-digit losses in his flagship funds, the Advantage Funds, in 2011 and 2012. But GuruFocus’ [url=http://www.gurufocus.com/score_board.php]Score Board of Gurus[/url] suggests that the manager of the $18 billion hedge fund Paulson & Co. may be enjoying the beginning of a turnaround. His stock picks of the past six months have had the highest average gain of all the gurus, at 399.4%. Paulson is followed distantly by First Eagle Funds, whose
1075 Views    Holly LaFon    2013-06-11 21:45
[url=http://www.gurufocus.com/StockBuy.php?GuruName=John+Griffin]John Griffin[/url] is the president of Blue Ridge Capital, an investment partnership that he founded in 1996. Blue Ridge’s [url=http://www.gurufocus.com/profile/John+Griffin]Investing Philosophy[/url] states that the investment firm seeks absolute returns by investing in companies who dominate their industries and shorting the companies who have fundamental problems. The firm employs fundamental analysis to make its investments. [url=http://www.gurufocus.com/StockBuy.php?GuruName=John+Griffin]John Griffin[/url]’s portfolio as of the first quarter held 43 stocks, with 7 new buys, and was valued at $7.955 billion. [b]Michael Kors Holdings Ltd. ([/b][url=http://www.gurufocus.com/stock/KORS][b]KORS[/b][/url][b])[/b] Griffin increased his holdings in Michael Kors 117.95% this past quarter. Griffin bought
714 Views    Monica Wolfe    2013-05-24 22:08
Paulson is known for extreme wins and losses – for instance, a $5 billion win during the housing crisis and an almost $1 billion loss in two days on gold last month. In the first quarter, the manager of the $18 billion hedge fund Paulson & Co. added some sizable new positions to his stock portfolio. Paulson’s portfolio contains 94 stocks, 10 of which are new first quarter buys, and has a total value of $17.73 billion. Largest New Buys [b]5. Vodafone Group PLC (VOD)[/b] Shares purchased: 2.8 million Average price: $27 Vodafone Group PLC
1810 Views    Holly LaFon    2013-05-17 19:11
According to [url=http://www.gurufocus.com/InsiderBuy.php]GuruFocus Insider Data[/url], these are the largest CFO buys during the past week. The overall trend of CFOs is illustrated in the chart below: [b]MGIC Investment Corporation (MTG): Executive Vice President and CFO Jon Michael Lauer Bought 100,000 Shares[/b] Executive Vice President and CFO of MGIC Investment Corporation (MTG) Jon Michael Lauer bought 100,000 shares during the past week at an average price of $3.79. MGIC Investment Corporation is a Wisconsin corporation organized in 1984. MGIC Investment Corporation has a market cap of $993.314 million; its shares were traded at around
193 Views    silverleaf    2013-03-18 14:28
According to [url=http://www.gurufocus.com/InsiderBuy.php]GuruFocus Insider Data[/url], these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: [b]Akamai Technologies, Inc. [url=http://www.gurufocus.com/stock/AKAM](AKAM)[/url]: CEO F. Thomson Leighton Bought 30,000 Shares[/b] CEO of Akamai Technologies, Inc. (AKAM) F. Thomson Leighton bought 30,000 shares on March 13, 2013 at an average price of $34.59. Akamai Technologies, Inc. was incorporated in Delaware in 1998. Akamai Technologies, Inc. has a market cap of $6.17 billion; its shares are traded at around $34.59 with a P/E ratio of 30.9598 and a
431 Views    GuruFocus    2013-03-17 20:32
According to [url=http://www.gurufocus.com/InsiderBuy.php]GuruFocus Insider Data[/url], these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: [b]Dresser-Rand Group, Inc. [url=http://www.gurufocus.com/stock/DRC](DRC)[/url]: President and CEO Vincent R. Volpe, Jr. Bought 17,680 Shares[/b] President and CEO of Dresser-Rand Group, Inc. [b][url=http://www.gurufocus.com/stock/DRC](DRC)[/url][/b] Vincent R. Volpe, Jr. bought 17,680 shares on March 8, 2013 at an average price of $57.93. Dresser-Rand Group Inc. is a Delaware corporation formed in October 2004. Dresser-Rand Group, Inc. has a market cap of $4.4 billion; its shares were traded at around $57.93
400 Views    GuruFocus    2013-03-11 03:16
MGIC Investment Corporation ([url=http://www.gurufocus.com/stock/MTG]MTG[/url]) reported six big insider buys for March 7. With all five members of the executive leadership team investing in at least 25,000 shares and one director adding 10,000 shares in MTG. Together the corporate governance bought 250,000 shares for a grand total of $1,219,500. The two most notable buys came from the CFO and Executive Vice President J. Michael Lauer and CEO and Chairman Curt Culver. Lauer started his day by adding 50,000 shares to his stake at $3.79 per share. Later in the day Lauer added another 50,000 at $5.15 a share. By the end
1340 Views    Monica Wolfe    2013-03-08 23:14
According to [url=http://www.gurufocus.com/InsiderBuy.php]GuruFocus Insider Data[/url], these are the largest CFO buys during the past week. The overall trend of CFOs is illustrated in the chart below: [b]Point.360 (PTSX): CFO Alan R. Steel Bought 130,000 Shares[/b] CFO of Point.360 (PTSX) Alan R. Steel bought 130,000 shares on 08/02/2012 at an average price of $0.34. Point 360 is integrated media management services company providing film, video and audio post-production, archival, duplication, computer graphics and distribution services to motion pictures studios, television networks, independent production companies and multinational companies. Point.360 has a market cap of $7.15
574 Views    gurujk    2012-08-13 13:56
I found this video of [url=http://www.gurufocus.com/StockBuy.php?GuruName=Kyle+Bass]Kyle Bass[/url] talking about his 5% stake in MGIC Investment Corp. (MTG). I believe the video is from December 2011. He goes on to describe it as a long-term hold with prospects of being a serious multi-bagger. However, it appears from GuruFocus and his form 13F that he sold 75% of his holdings in the first quarter of 2012. Assuming he did sell 75% shortly after recommending it as a buy in the video, does anyone know what might have transpired in the first quarter that changed his long-term outlook? Perhaps the python hasn't digested
1466 Views    kirrct    2012-07-25 19:38
I have identified five stocks that have seen a lot of trading over the last week. While I believe MGIC Investment (MTG) is the bad apple of this group, I noticed that First Horizon (FHN), Regal Entertainment (RGC), Merck (MRK), and AmerisourceBergen (ABC) are good choices for certain portfolios. In this article, I will explore five companies that are reacting to recently reported earnings to see if they present any opportunities for investors. [b]First Horizon National Corporation[/b] is a Southeastern bank that has had an average volume of 4,583,330. The company just announced that its FTN Financial subsidiary acquired Main
727 Views    Vatalyst.com    2012-03-04 00:50
A few months ago, hedge fund manager [url=http://www.gurufocus.com/StockBuy.php?GuruName=Kyle+Bass]Kyle Bass[/url] [url=http://www.gurufocus.com/news/152637/kyle-bass-bullish-on-housing]revealed a large stake[/url] in mortgage insurer MGIC (MTG). At the time he said MGIC is different from (PMI Group Inc. (PMI) because MGIC has a "pretty big positive equity position. We think they’ll be one of… the last ones standing; we’re in it for the long haul.” In a later interview Bass mentioned that there is little downside risk left in the U.S. housing market. Bass studied every housing bubble in the past 100 years and realized that it takes about 7 years after prices peak for there to be
1738 Views    matsandalex    2012-01-12 16:52
Kyle Bass just [url=http://blogs.wsj.com/deals/2011/11/07/hedge-fund-manager-buys-4-9-stake-in-mgic/?mod=wsj_share_twitter]revealed[/url] a 4.9% stake in mortgage insurer MGIC (MTG). Bass has gained fame for shorting the subprime market and the European debt markets. It is rare that Bass purchases plain vanilla stocks making the MGIC purchase especially noteworthy.[quote]“Everyone paints the [mortgage insurance companies] with a broad brush that since they took PMI … they’re all going to go the way of the dodo,” said Mr. Bass, at a housing-industry conference. [/quote]Shares of MTG have plummeted in 2011 from $12 to less than $3 per share. Mr. Bass purchased the shares for $2.50 on Oct. 31, 2011. Insiders
1089 Views    matsandalex    2011-11-11 22:14
According to [url=http://www.gurufocus.com/InsiderBuy.php]GuruFocus Insider Data[/url], these are the largest CFO buys during the past week MGIC Investment Corp., Mueller Water Products, Monster Worldwide Inc., Baldwin Technology Co. Inc. Cl A, Radian Group Inc. [b]MGIC Investment Corp. (MTG): Executive VP & CFO Jon Michael Lauer Bought 20,000 Shares[/b] Executive VP & CFO of MGIC Investment Corp. (MTG) Jon Michael Lauer bought 20,000 shares on 08/26/2011 at an average price of $2.34. MGIC Investment Corporation is a holding company which, through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, is the provider of private mortgage insurance coverage in the United States to
658 Views    gurujk    2011-09-05 02:23
Last week’s top five guru bargain stocks were CLWR, ACXM, FRO, TLAB and MTG. According to [url=http://www.gurufocus.com/Guru_bargins.php]GuruFocus updates[/url], these stocks have declined the most since Gurus have bought. [b]Clearwire Corp. (CLWR): Down 27% Since [url=http://www.gurufocus.com/StockBuy.php?GuruName=Larry+Robbins]Larry Robbins[/url] Bought in the Quarter Ended on 3/31/2011[/b] [url=http://www.gurufocus.com/StockBuy.php?GuruName=Larry+Robbins]Larry Robbins[/url] added to his holdings in Internet company Clearwire Corp. by 35.21% during the quarter ended 03/31/2011. His purchase prices were between $4.78 and $5.91, with an estimated average price of $5.43. Since then the prices of Clearwire Corp. shares have declined by 27% from the estimated average. [url=http://www.gurufocus.com/StockBuy.php?GuruName=Larry+Robbins]Larry Robbins[/url] owned 9,190,980 shares of as of
2087 Views    hyperman299    2011-06-13 14:12
The stock-market collapse of 2008 claimed many victims in the hedge-fund industry, as portfolio values plummeted and a cascade of redemptions made the losses permanent for some investors. One manager who survived the mayhem and has prospered since is [url=http://www.gurufocus.com/StockBuy.php?GuruName=Bill+Ackman]Bill Ackman[/url], the 45-year-old chief of Pershing Square Capital Management. His funds under management have risen from $6.7 billion in August 2008, just before the crash, to $10.3 billion. Nearly all that growth has come from superior performance — his Pershing Square LP fund is up 16.64% a year compounded for the period 2008 through 2010 — rather than new money.
1400 Views    CanadianValue    2011-05-23 16:03

Headlines Total 23
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2019-04-01 $ 13.46 (2.05%)
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2013-06-18 $ 6.44 (3.04%)
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2013-06-11 $ 6.19 (-2.83%)
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2013-03-18 $ 4.91 (%)
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2013-03-08 $ 4.91 (-0.2%)
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2012-07-25 $ 2.23 (1.83%)
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2012-03-04
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2012-01-12 $ 4.4 (1.85%)
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2011-11-11 $ 2.94 (1.38%)
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2011-09-05
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2011-05-01
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2011-04-25
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2011-03-01 $ 8.16 (-5.01%)
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2010-11-01 $ 8.5 (-3.63%)
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2010-08-09 $ 8.21 (0.74%)
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2010-05-10 $ 9.59 (11.64%)
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2009-11-09 $ 4.74 (1.5%)
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2009-08-11 $ 7.87 (-0.38%)
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2009-05-12 $ 5.56 (5.1%)
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2008-02-06 $ 15.87 (-10.08%)
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