MGIC Investment Corp. (MTG)

[MCRod]

MGIC Investment is Among the Companies in the Thrifts & Mortgage Finance Industry With the Lowest Price to Forward Sales (MTG, RDN, FBC, RVSB, TSBK)

http://www.mysmartrend.com/news-briefs/radian/mgic-investment-among-companies-thrifts-mortgage-finance-industry-lowest-price-fo

Written on Thu, 09/27/2012 - 6:22am
By Amy Schwartz
Below are the three companies in the Thrifts & Mortgage Finance industry with the lowest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.

MGIC Investment ranks lowest with a a price to forward sales ratio of 0.26. Radian is next with a a price to forward sales ratio of 0.61. Flagstar Bancorp ranks third lowest with a a price to forward sales ratio of 0.66.

Riverview Bancorp follows with a a price to forward sales ratio of 0.70, and Timberland Bancorp rounds out the bottom five with a a price to forward sales ratio of 1.15.

SmarTrend recommended that subscribers consider buying shares of Radian on June 18th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $2.79. Since that recommendation, shares of Radian have risen 56.6%. We continue to monitor Radian for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.