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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


MGIC Investment Corporation



) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day up 0.3%. By the end of trading, MGIC Investment Corporation fell 8 cents (-1.8%) to $4.44 on average volume. Throughout the day, 12.8 million shares of MGIC Investment Corporation exchanged hands as compared to its average daily volume of 15.8 million shares. The stock ranged in price between $4.40-$4.60 after having opened the day at $4.53 as compared to the previous trading day's close of $4.52. Other companies within the Insurance industry that declined today were:

American Independence Corporation



), down 6.1%,




), down 2.5%,

Hilltop Holdings



), down 2.4%, and

American Safety Insurance Holdings



), down 2.1%.

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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 $914.4 million and is part of the financial sector. Shares are up 69.9% year to date as of the close of trading on Monday. Currently there is one analyst that rates MGIC Investment Corporation a buy, no analysts rate it a sell, and three 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, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

On the positive front,




), up 4.1%,

Protective Life



), up 3.2%,

State Auto Financial Corporation



), up 3.1%, and

Donegal Group



), up 3.1%, were all gainers within the insurance industry with

Berkshire Hathaway



) being today's featured insurance industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider

KBW Insurance ETF



) while those bearish on the insurance industry could consider

Proshares Short Financials




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