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MGIC Investment Corp stock reached a 52-week high, touching $28.69, marking a significant milestone for the company. According to InvestingPro analysis, the company maintains a "GREAT" financial health score and appears undervalued based on its Fair Value model. This achievement reflects a robust performance, with the stock delivering an impressive 21.86% year-to-date return and trading at an attractive P/E ratio of 9.22. InvestingPro data reveals the company has been aggressively buying back shares, one of several bullish indicators available in the comprehensive Pro Research Report. The stock’s upward trajectory highlights investor confidence and positive market sentiment surrounding MGIC Investment Corp. This new high underscores the company’s steady growth and resilience in the financial sector, capturing the attention of market analysts and investors alike. For deeper insights into MGIC’s valuation and growth potential, check out the detailed analysis available on InvestingPro, which offers 8 additional key insights about the company’s prospects.
In other recent news, MGIC Investment Corp reported its Q2 2025 earnings, surpassing analysts’ expectations with earnings per share (EPS) of $0.82, compared to the forecasted $0.72. This represents a 13.89% positive surprise in EPS. However, the company experienced a slight revenue miss, reporting $304.24 million against the anticipated $305.95 million. Despite this, the earnings results were well-received in the market. No significant mergers or acquisitions have been reported recently. Analysts have not issued any upgrades or downgrades for MGIC Investment Corp following these results. These developments provide investors with an updated view of the company’s financial performance.
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