Orlando, FL -- (SBWIRE) -- 10/18/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Cole Real Estate Investments Inc (NYSE:COLE), MGIC Investment Corp.(NYSE:MTG).
Cole Real Estate Investments Inc (NYSE:COLE) shares gained 1.46% to $12.53. Research firm FBR Capital on Oct. 4 initiated coverage on COLE to an Outperform rating.
Additionally, the company plans to release its financial results for the third quarter on Tuesday, November 5, 2013( )before market open, and will host an audio webcast that day at 10:00 a.m. ET.
Moreover, the company beagn trading ex-dividend on September 26, 2013. A cash dividend payment of $0.06 per share was scheduled to be paid on October 01, 2013. Shareholders who purchased COLE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that COLE has paid the same dividend. At the current stock price of $12.15, the dividend yield is 5.93%.
Are investors worried about the recent updates with COLE? Find out with a free trend analysis HERE
MGIC Investment Corp.(NYSE:MTG) shares decreased 1.56% to $8.20. The company on Oct. 16 swung to an unexpected third-quarter profit as the struggling mortgage insurer incurred sharply lower expenses and losses thanks to fewer new delinquencies as well as a decline in the rate and severity of claims.
The company reported a profit of $12.1 million, or four cents a share, compared with a year-earlier loss of $246.9 million, or $1.22 a share. Revenue decreased 17% to $254.4 million. Analysts recently expected a per-share loss of 13 cents and revenue of $260.9 million. Net premiums written fell 11% to $234.3 million and net premiums earned declined 13% to $231.9 million. Investment income dropped by a third.
Is MTG going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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