MGIC Investment Trades Near 52-Week High: Time to Hold the Stock?

MGIC Investment Corporation's shares have traded near a 52-week high of $29.01 and are above its 50-day and 200-day simple moving averages, indicating solid upward momentum. The stock has gained 19.7% YTD, outperforming its industry and peers. Its ROIC was 11% in the trailing 12 months, better than the industry average. Earnings have grown 12% in the past five years, and the consensus estimate for 2025 earnings per share indicates a 7.2% year-over-year increase.