According to Zen Score, the 3 best specialty insurance stocks to buy right now are:
1. Mgic Investment (NYSE:MTG)
Mgic Investment (NYSE:MTG) is the top specialty insurance stock with a Zen Score of 54, which is 21 points higher than the specialty insurance industry average of 33. It passed 19 out of 38 due diligence checks and has strong fundamentals. Mgic Investment has seen its stock return 43.15% over the past year, overperforming other specialty insurance stocks by 22 percentage points.
Mgic Investment has an average 1 year
price target of $21.88, an upside of 3.67% from Mgic Investment's current stock price of $21.10.
Mgic Investment stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Mgic Investment, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Assured Guaranty (NYSE:AGO)
Assured Guaranty (NYSE:AGO) is the second best specialty insurance stock with a Zen Score of 51, which is 18 points higher than the specialty insurance industry average of 33. It passed 18 out of 38 due diligence checks and has strong fundamentals. Assured Guaranty has seen its stock return 48.55% over the past year, overperforming other specialty insurance stocks by 27 percentage points.
Assured Guaranty has an average 1 year
price target of $89.67, an upside of 15.92% from Assured Guaranty's current stock price of $77.35.
Assured Guaranty stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Assured Guaranty, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Axis Capital Holdings (NYSE:AXS)
Axis Capital Holdings (NYSE:AXS) is the third best specialty insurance stock with a Zen Score of 49, which is 16 points higher than the specialty insurance industry average of 33. It passed 17 out of 38 due diligence checks and has strong fundamentals. Axis Capital Holdings has seen its stock return 29.11% over the past year, overperforming other specialty insurance stocks by 8 percentage points.
Axis Capital Holdings has an average 1 year
price target of $74.33, an upside of 5.21% from Axis Capital Holdings's current stock price of $70.65.
Axis Capital Holdings stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Axis Capital Holdings, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.