Shares of MGIC Investment Corporation (NYSE: MTG) have rallied 23.8% year to date, outperforming the industry’s growth of 12.7%, the Finance sector’s rise of 10.4% and the Zacks S&P 500 composite’s increase of 16.8%. With a market capitalization of $6.2 billion, the average volume of shares traded in the last three months was 1.7 million. Solid insurance in force, a decline in loss and claims payments, lower delinquency, better housing market fundamentals and prudent capital deployment drive this Zacks Rank #1 (Strong Buy) mortgage insurer. MTG has a solid earnings surprise history. It surpass…