Specialty Insurance Stocks — Fair Value & Margin of Safety
Equity Rank covers 12 Specialty Insurance companies; 12 have a published model fair value, and 9 of those (75%) trade below the model estimate. The median model fair value sits 7.8% above the current price, under these model assumptions. Data as of 2026-10-22.
Source: Equity Rank — Specialty Insurance stocks. Model fair value is a multi-method blend (DCF, Graham Number, earnings power, sector multiples and more), recomputed after each U.S. market close.
Specialty Insurance stocks furthest below the model estimate
Among companies valued by at least five methods. A wide gap can also mean the models are missing something.
AXS — AXIS Capital Holdings Ltd: model fair value $132.59 vs. price $104.30, a model fair value differential of 27.1% above the current price (as of 2026-10-22)
NMIH — NMI Holdings Inc: model fair value $48.37 vs. price $41.49, a model fair value differential of 16.6% above the current price (as of 2026-10-22)
FAF — First American Corporation: model fair value $73.32 vs. price $65.07, a model fair value differential of 12.7% above the current price (as of 2026-10-22)
AMSF — AMERISAFE Inc: model fair value $29.73 vs. price $26.58, a model fair value differential of 11.8% above the current price (as of 2026-10-22)
AGO — Assured Guaranty Ltd: model fair value $78.35 vs. price $70.18, a model fair value differential of 11.6% above the current price (as of 2026-10-22)
RDN — Radian Group Inc: model fair value $37.73 vs. price $34.70, a model fair value differential of 8.7% above the current price (as of 2026-10-22)
ESNT — Essent Group Ltd: model fair value $70.20 vs. price $65.70, a model fair value differential of 6.8% above the current price (as of 2026-10-22)
ACT — Enact Holdings Inc: model fair value $49.82 vs. price $46.92, a model fair value differential of 6.2% above the current price (as of 2026-10-22)
MTG — MGIC Investment Corp: model fair value $28.61 vs. price $27.74, a model fair value differential of 3.1% above the current price (as of 2026-10-22)
Largest companies first. Gap = model fair value differential versus the current price; positive means the price sits below the model estimate. “Not published” means the models lacked reliable data.