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MGIC Investment Corp/$MTG
MGIC Investment Corp shares are trading higher after the company reported Q1 earnings that exceeded estimates.
8 hours ago·Lightyear AI
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About MGIC Investment Corp
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.
Ticker
$MTG
Sector
Trading on
NYSE
Industry
Financial Services
Headquarters
Employees
555
Website
MTG Metrics
BasicAdvanced
$6B
8.43
$3.00
0.92
$0.51
2.05%
Price and volume
Market cap
$6B
Beta
0.92
52-week high
$26.12
52-week low
$20.02
Average daily volume
2.9M
Dividend rate
$0.51
Financial strength
Current ratio
3.406
Quick ratio
2.351
Long term debt to equity
12.55
Total debt to equity
12.55
Dividend payout ratio (TTM)
16.93%
Interest coverage (TTM)
28.63%
Management effectiveness
Return on assets (TTM)
9.75%
Return on equity (TTM)
15.12%
Valuation
Price to earnings (TTM)
8.426
Price to revenue (TTM)
5.295
Price to book
1.2
Price to tangible book (TTM)
1.2
Price to free cash flow (TTM)
8.532
Dividend yield (TTM)
2.00%
Forward dividend yield
2.05%
Growth
Revenue change (TTM)
4.64%
Earnings per share change (TTM)
15.33%
3-year revenue growth (CAGR)
1.04%
3-year earnings per share growth (CAGR)
15.34%
3-year dividend per share growth (CAGR)
17.77%
What the Analysts think about MTG
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for MGIC Investment Corp stock.
MTG Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
MTG Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
MTG News
AllArticlesVideos
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Market closed
Upcoming events
May8
MGIC Investment Corp
Dividend·Ex-dividend
May21
MGIC Investment Corp
Dividend·Payment
$0.13
Per share
FAQs
What’s the current market cap for MGIC Investment Corp stock?
MGIC Investment Corp (MTG) has a market cap of $6B as of May 03, 2025.
What is the P/E ratio for MGIC Investment Corp stock?
The price to earnings (P/E) ratio for MGIC Investment Corp (MTG) stock is 8.43 as of May 03, 2025.
Does MGIC Investment Corp stock pay dividends?
Yes, the MGIC Investment Corp (MTG) stock pays dividends to shareholders. As of May 03, 2025, the dividend rate is $0.505 and the yield is 2.05%. MGIC Investment Corp has a payout ratio of 16.93% on a trailing twelve-month basis.
When is the next MGIC Investment Corp dividend payment date?
The next MGIC Investment Corp (MTG) dividend payment is scheduled for May 21, 2025.
What is the beta indicator for MGIC Investment Corp?
MGIC Investment Corp (MTG) has a beta rating of 0.92. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.