Compass Point Downgrades MGIC Investment (MTG) to Neutral
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FBR Capital Raises Price Target on MGIC Investment (MTG) Following 1Q EPS Miss
April 20, 2016 8:08 AM EDTFBR Capital reiterated a Market Perform rating on MGIC Investment (NYSE: MTG), and raised the price target to $7.50 (from $7.00), following the company's 1Q earnings release. MGIC announced EPS of $0.17, which missed consensus expectations of $0.22. Higher-than-anticipated losses drove the company's bottom line miss.
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MGIC Investment (MTG) Misses Q1 EPS by 5c
April 19, 2016 6:46 AM EDTMGIC Investment (NYSE: MTG) reported Q1 EPS of $0.17, $0.05 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $258.6 million versus the consensus estimate of $258.88 million.
For earnings history and earnings-related data on MGIC Investment (MTG) click here.
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