MGIC Investment Corp/$MTG

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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

Primary listing

NYSE

Employees

555

MTG Metrics

BasicAdvanced
$6.3B
9.04
$3.11
0.87
$0.54
2.14%

What the Analysts think about MTG

Analyst ratings (Buy, Hold, Sell) for MGIC Investment Corp stock.

Bulls say / Bears say

MGIC’s trailing twelve-month return on equity stands at 14.85%, reflecting efficient capital deployment and robust profitability well above its cost of equity (CNBC).
MGIC’s book value per share increased 12.9% year-over-year to $22.11 as of June 30, 2025, underscoring strong capital accumulation and balance sheet strength (Nasdaq).
Moody’s upgraded MGIC’s senior unsecured debt rating to Baa2 and its principal subsidiary’s insurance financial strength rating to A2 on August 7, 2025, reflecting robust capital adequacy and consistent financial performance (Nasdaq)).
MGIC’s primary delinquency inventory rose 4.6% year-over-year to 24,444 loans as of Q2 2025, signaling elevated credit risk within its mortgage insurance portfolio (Nasdaq).
MGIC’s total operating revenues of $306 million in Q2 2025 were flat year-over-year and missed the consensus estimate, indicating stagnating top-line momentum in its core insurance business (Nasdaq).
S&P Global Ratings projects that MGIC’s combined ratio could rise to 25%–30% in 2025 and 50%–55% in 2026–27 due to anticipated labor market weakness and higher mortgage delinquencies, highlighting potential pressure on underwriting profitability (Investing.com).
Data summarised monthly by Lightyear AI. Last updated on 3 Nov 2025.

MTG Financial Performance

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

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%
-
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.

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