With 1.04 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.58 million shares. During the session, the Insurance – Specialty company that operates in wider Financial sector, reached to the highest price of $25.48 whereas the lowest price it dropped to was $25.15. The 52-week range on MTG shows that it touched its highest point at $25.93 and its lowest point at $16.30 during that stretch. It currently has a 1-year price target of $26.31. With its current market cap of 6.56 billion, MTG has annualized dividend of $0.47 while the current yield stands at 1.88%. Beta for the stock currently stands at 1.27.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MTG was down-trending over the past week, with a drop of -0.28%, but this was down by -0.82% over a month. Three-month performance surged to 18.05% while six-month performance rose 23.16%. The stock gained 53.77% in the past year, while it has gained 31.21% so far this year. A look at the trailing 12-month EPS for MTG yields 2.71 with Next year EPS estimates of 2.74. For the next quarter, that number is 0.67. This implies an EPS growth rate of 8.32% for this year and 0.05% for next year. EPS is expected to grow by 1.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.88%.
Float and Shares Shorts:
At present, 272.49 million MTG shares are outstanding with a float of 255.33 million shares on hand for trading. On 2024-09-13, short shares totaled 9.68 million, which was 373.0 higher than short shares on 1723680000. In addition to Mr. Timothy James Mattke as the firm’s CEO & Director, Mr. Salvatore Antonino Miosi serves as its President & COO.
Institutional Ownership:
Through their ownership of 0.98557 of MTG’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MTG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
