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MGIC Investment (MTG) Receives a Hold from KBW

Tipranks - Tipranks - Tue May 5, 6:04AM CDT

KBW analyst Bose George maintained a Hold rating on MGIC Investment today and set a price target of $29.00.

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George covers the Financial sector, focusing on stocks such as PennyMac Financial, Radian Group, and Stewart Information Services. According to TipRanks, George has an average return of 14.6% and a 77.66% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for MGIC Investment with a $28.33 average price target.

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Based on MGIC Investment’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $297.08 million and a net profit of $165.3 million. In comparison, last year the company earned a revenue of $306.23 million and had a net profit of $185.46 million

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