Shares of NMI Holdings (NMIH) have soared this year, outperforming both its industry and the broader market. This Zacks Rank #2 (Buy) stock is driven by its expanding mortgage insurance portfolio, higher new insurance volume, and a solid capital position. With a strong growth outlook, attractive valuation, and a history of exceeding expectations, NMIH presents a compelling investment opportunity.
Results for: Mortgage Insurance
MGIC Investment Corporation (MTG), a leading mortgage insurer, has seen its stock price soar 23.8% this year, driven by strong insurance in force, declining claims, and a robust housing market. With a solid earnings track record and a commitment to shareholder returns, MTG appears poised for continued growth. This article examines the factors driving MTG’s success and analyzes the company’s outlook for the future.