MGIC Investment Corporation (MTG) is a holding company which, through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, is the leading provider of private mortgage insurance coverage in the United States to the home mortgage lending industry. Private mortgage insurance covers residential first mortgage loans and expands home ownership opportunities by enabling people to purchase homes with less than 20% down payments. If the home owner defaults, private mortgage insurance reduces and, in some instances, eliminates the loss to the insured institution.

ValuEngine updated its recommendation from BUY to STRONG BUY for MGIC Investment Corp on 2015-03-23. Based on the information we have gathered and our resulting research, we feel that MGIC Investment Corp has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Company Size.

Below is today's data on MTG:

Valuation & Rankings
Valuation	8.23% undervalued	Valuation Rank	74
1-M Forecast Return	1.12%	1-M Forecast Return Rank	99
12-M Return	18.68%	Momentum Rank	78
Sharpe Ratio	0.05	Sharpe Ratio Rank	50
5-Y Avg Annual Return	3.51%	5-Y Avg Annual Rtn Rank	55
Volatility	74.87%	Volatility Rank	23
Expected EPS Growth	36.32%	EPS Growth Rank	71
Market Cap (billions)	3.36	Size Rank	79
Trailing P/E Ratio	14.02	Trailing P/E Rank	81
Forward P/E Ratio	10.29	Forward P/E Ratio Rank	87
PEG Ratio	0.39	PEG Ratio Rank	70
Price/Sales	3.56	Price/Sales Rank	28
Market/Book	3.24	Market/Book Rank	38
Beta	3.50	Beta Rank	2
Alpha	-0.41	Alpha Rank	22