MGIC Investment Corp/$MTG
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
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 account for close to the 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
- Finance
- Primary listing
- NYSE
- Employees
- 542
- Headquarters
- Milwaukee, United States
- Website
- www.mgic.com
MTG Metrics
BasicAdvanced
$5.9B
9.02
$3.20
0.65
$0.62
2.36%
Price and volume
Market cap
$5.9B
Beta
0.65
52-week high
$31.89
52-week low
$24.69
Average daily volume
2.6M
Dividend rate
$0.62
Financial strength
Current ratio
3.446
Quick ratio
2.453
Long term debt to equity
0.129
Total debt to equity
0.129
Dividend payout ratio (TTM)
19.02%
Interest coverage (TTM)
25.84%
Profitability
EBITDA (TTM)
923.717
Gross margin (TTM)
100.71%
Net profit margin (TTM)
59.20%
Operating margin (TTM)
76.96%
Effective tax rate (TTM)
19.97%
Revenue per employee (TTM)
$2,210,000
Management effectiveness
Return on assets (TTM)
8.80%
Return on equity (TTM)
13.92%
Valuation
Price to earnings (TTM)
9.017
Price to revenue (TTM)
5.293
Price to book
1.19
Price to tangible book (TTM)
1.19
Price to free cash flow (TTM)
8.958
Free cash flow yield (TTM)
11.16%
Free cash flow per share (TTM)
3.22
Dividend yield (TTM)
2.15%
Forward dividend yield
2.36%
Growth
Revenue change (TTM)
-1.88%
Earnings per share change (TTM)
4.90%
3-year revenue growth (CAGR)
1.02%
10-year revenue growth (CAGR)
1.35%
3-year earnings per share growth (CAGR)
6.51%
10-year earnings per share growth (CAGR)
2.82%
3-year dividend per share growth (CAGR)
14.47%
What the Analysts think about MTG
Analyst ratings (Buy, Hold, Sell) for MGIC Investment Corp stock.
Analyst projections of the future price of MGIC Investment Corp stock.
Bulls say / Bears say
MGIC remained highly profitable in the second quarter, earning $182.1 million and delivering a 14.5% annualised return on equity. Its loss ratio was 4.6%, supporting the case that underwriting remains resilient despite credit normalisation. (MGIC Investment Corp.)
New insurance written rose 8.5% year on year to $17.8 billion, its highest quarterly level since the third quarter of 2022, while insurance in force grew 2.6% to $304.8 billion. That points to continued expansion of the premium-generating book despite a sluggish mortgage market. (National Mortgage News)
The company had $2.7 billion of excess capital under GSE requirements and approved a further $750 million share-repurchase programme through 2028. It also raised its quarterly dividend to $0.17, giving shareholders a clear route to benefit from surplus capital. (MGIC Investment Corp.)
Credit costs are normalising: the delinquency rate was 2.37%, up from 2.21% a year earlier, and first-half net losses incurred rose to $44.2 million from $6.8 million. Management also expects delinquencies to rise seasonally in the second half, leaving earnings exposed if claims worsen. (MGIC Investment Corp., MGIC Investment Corp.)
Premium income is under pressure: second-quarter net premiums earned fell 2.6% year on year, and management said gross premium rates have continued to drift down in a competitive market. Stretched housing affordability and weak refinancing also limit the scope for faster growth in new business. (MGIC Investment Corp., Investing.com)
A valuation re-rating may be difficult: BTIG sees no near-term catalyst for the shares to move higher and says they trade near the upper end of their historical price-to-book and price-to-earnings ranges. That could limit upside even if operating fundamentals remain sound. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 27 Oct 2026.
MTG Financial Performance
Revenues and expenses
MTG Earnings Performance
Company profitability
Upcoming events
Funds containing MTG
AllUSDEURGBP
Fund name | Fund size | $MTG weighting |
|---|---|---|
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | $3.2B | 0.20% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | $3.2B | 0.20% |
SPDR S&P 400 US Mid Cap£SPX4 | $6.4B | 0.17% |
SPDR S&P 400 US Mid Cap$SPY4 | $6.4B | 0.17% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.16% |
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.