MGIC Investment Corp. (MTG)

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ZACKS SAYS MGIC OPS IMPROVING

ALTHOUGH ZACKS RATINGS ARE SUBJECT TO TURN ON A DIME:
"According to Zacks, “MGIC Investment remains well-poised to deliver improved earnings, banking on declining delinquency, lower claims payments and an improving housing market. MGIC Investment expects to write about $50 billion new business in 2018 and also estimates insurance in force to improve. This apart, the company remains focused on enhancing its shareholders’ value. Also, positive credit trends, increasing persistency as well as low expense ratio are tailwinds. However, a competitive environment and pressure to maintain capital at the required level will reduce the MGIC Investment’s capital flexibility. Shares of MGIC Investment have underperformed the industry year to date.”