Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day down 0.4%. By the end of trading, MGIC Investment Corporation rose $0.11 (1.8%) to $6.13 on light volume. Throughout the day, 10,670,880 shares of MGIC Investment Corporation exchanged hands as compared to its average daily volume of 22,257,500 shares. The stock ranged in a price between $5.81-$6.25 after having opened the day at $5.89 as compared to the previous trading day's close of $6.02. Other companies within the Financial sector that increased today were:
), up 12.4%,
Bank VA Chesterfield
), up 11.3%,
), up 11.3% and
), up 7.4%.
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MGIC Investment Corporation, through its subsidiaries, provides mortgage insurance to lenders and government sponsored entities in the United States. MGIC Investment Corporation has a market cap of $2.1 billion and is part of the insurance industry. Shares are up 137.6% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates MGIC Investment Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates MGIC Investment Corporation as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and feeble growth in its earnings per share.
- You can view the full MGIC Investment Corporation Ratings Report.
On the negative front,
), down 11.2%,
), down 10.0%,
), down 9.5% and
), down 9.0% , were all laggards within the financial sector with
) being today's financial sector laggard.
- Use our financial section to find sector-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider
) while those bearish on the financial sector could consider
- Find other investment ideas from our top rated ETFs lists.
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