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MGIC Investment CorporationNYSE:MTG Stock Report

Market Cap US$6.2b
Share Price
US$26.92
My Fair Value
US$27.5
2.1% undervalued intrinsic discount
1Y6.1%
7D-0.1%
Portfolio Value
View

MGIC Investment Corporation

NYSE:MTG Stock Report

Market Cap: US$6.2b

MGIC Investment (MTG) Stock Overview

Through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services in the United States, the District of Columbia, Puerto Rico, and Guam. More details

MTG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

MTG Community Fair Values

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MGIC Investment Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for MGIC Investment
Historical stock prices
Current Share PriceUS$26.92
52 Week HighUS$29.01
52 Week LowUS$21.94
Beta0.87
1 Month Change-4.98%
3 Month Change4.67%
1 Year Change6.11%
3 Year Change111.97%
5 Year Change163.15%
Change since IPO279.49%

Recent News & Updates

MGIC Investment: Solid Q2 With Minimal Losses Persisting

Jul 31

Recent updates

MGIC Investment: Solid Q2 With Minimal Losses Persisting

Jul 31

Here's Why We Think MGIC Investment (NYSE:MTG) Might Deserve Your Attention Today

Apr 24
Here's Why We Think MGIC Investment (NYSE:MTG) Might Deserve Your Attention Today

MGIC Investment Corporation's (NYSE:MTG) Shares Lagging The Market But So Is The Business

Mar 20
MGIC Investment Corporation's (NYSE:MTG) Shares Lagging The Market But So Is The Business

MGIC Investment: A Junk Bond Earnings Yield With Growth

Feb 09

MGIC Looks Strong, But The Housing Market Headwinds Are Stronger

Feb 03

Do MGIC Investment's (NYSE:MTG) Earnings Warrant Your Attention?

Dec 12
Do MGIC Investment's (NYSE:MTG) Earnings Warrant Your Attention?

MGIC Investment Corporation Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next

Nov 07
MGIC Investment Corporation Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next

MGIC Investment Q3: Home Prices Limit Potential Losses, But Hold Due To Valuation Concerns

Nov 05
User avatar

Sharpening Shareholder Value Through Critical Capital Management In The Insurance Sector

Strong focus on capital management and shareholder value enhancement through share repurchases and dividend increases, likely improving EPS.

MGIC Investment: Limited Upside Given Earnings Are Likely Peaking

Jul 09

Buy MGIC - Slow, Steady And Still Cheap

Feb 04

Home Mortgage Industry Arbitrage - Buy MGIC, Sell Rocket

Dec 26

Buy MGIC: Ramping Up The Cash To Investors

Nov 02

MGIC Investment May Be An Attractive Play On A Resilient Housing Market

Oct 16

Buy MGIC: This Time Mortgage Credit Really Is Different

Aug 16

Buy Housing Stock MGIC, Sell Redfin, Seriously Skewed Valuations

Jul 12

MGIC's Recent Rally Reduces Upside, But The Stock Remains A 'Buy'

Jun 25

MGIC Investment Q4 2022 Earnings Preview

Jan 31

MGIC Investment declares $0.10 dividend

Jan 24

MGIC Investment Corporation: Strong Buy At 84% Of Book Value

Jan 09

Buy MGIC: Capital-Light Strategy Meets A Housing-Light USA

Nov 08

MGIC Investment declares $0.10 dividend

Oct 27

Shareholder Returns

MTGUS Diversified FinancialUS Market
7D-0.1%-0.2%0.1%
1Y6.1%4.5%14.7%

Return vs Industry: MTG exceeded the US Diversified Financial industry which returned 4.5% over the past year.

Return vs Market: MTG underperformed the US Market which returned 14.7% over the past year.

Price Volatility

Is MTG's price volatile compared to industry and market?
MTG volatility
MTG Average Weekly Movement2.6%
Diversified Financial Industry Average Movement5.0%
Market Average Movement6.5%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: MTG has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MTG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1957555Tim Mattkewww.mgic.com/

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. It also provides pool insurance for secondary market mortgage transactions; and contract underwriting services, as well as reinsurance services.

MGIC Investment Corporation Fundamentals Summary

How do MGIC Investment's earnings and revenue compare to its market cap?
MTG fundamental statistics
Market capUS$6.21b
Earnings (TTM)US$762.61m
Revenue (TTM)US$1.22b
8.1x
P/E Ratio
5.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MTG income statement (TTM)
RevenueUS$1.22b
Cost of RevenueUS$187.29m
Gross ProfitUS$1.03b
Other ExpensesUS$268.67m
EarningsUS$762.61m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Oct 29, 2025

Earnings per share (EPS)3.31
Gross Margin84.63%
Net Profit Margin62.58%
Debt/Equity Ratio12.5%

How did MTG perform over the long term?

See historical performance and comparison

Dividends

2.2%
Current Dividend Yield
17%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/20 17:26
End of Day Share Price 2025/10/17 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MGIC Investment Corporation is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bruce HartingBarclays
Terry MaBarclays
Mihir BhatiaBofA Global Research