“It’s never too late to retire early”

MGIC Investment Corporation (MTG)

MGIC Investment Corporation (MTG)

MGIC Investment Corporation is a provider of private lease insurance in the United States. It was incorporated in 1957. MGIC stock has offered investors returns of 68.74% in the past 12 months.

In April, the company declared its quarterly dividend of $0.06 per share. The forward yield is 1.65%On May 5, MGIC Investment Corporation reported its first-quarter 2021 earnings per share of $0.42, in line with the previous. 

The company also announced its revenue of $297.96 million, down 2.9% YoY, missing the estimates by $4.71 million. However, net income increased to $150 million from $149.8 million a year ago. King Street Capital is the company’s most significant stakeholder, with 4.61 million shares worth $63.78 million.

Top headlines you shouldn’t miss

Ten investing tips for an inflationary market

Values-based investing can be difficult to screen. Here’s what you need to know

Investing vs. Trading: which is best for you?

Here’s why stock market volatility can be an opportunity for investors

Dow suffers the biggest drop of the year as Delta variant fears hit Wall Street

Should you really be investing in the market right now?

Gordon Fox is the editor of investinglate.com and writes about Investments, Savings, and how to make the most of your money