MGIC Investment (MTG) Stock Price
MGIC Investment Price
Revenue at MGIC Investment has contracted by 1.0% per year over the past 19 years to 1.21 B USD. Earnings per share have declined at 3.8% per year over the last 19 years. MGIC Investment's net margin stands at 60.8%, up from 53.6% several years earlier. MGIC Investment currently offers a dividend yield of about 1.95%. The payout ratio is around 17% of earnings. Analysts set a median price target of 31.50 USD, implying 9.9% above the current price. Of 14 analysts, 1 rate the stock a buy — an overall Sell consensus.
MGIC Investment stock price
Access this data via the Eulerpool API
100,000 free requests/mo · no credit card
MGIC Investment business model & stock analysis
Frequently asked questions about MGIC Investment
MGIC Investment Corp is a leading provider of mortgage insurance. The company's business model revolves around offering mortgage insurance coverage to lenders, thus enabling them to mitigate risk associated with loans to homebuyers with less than 20% down payment. MGIC's primary goal is to enhance homeownership opportunities by reducing lenders' exposure to potential losses in case of borrower default. By providing mortgage insurance, MGIC enables lenders to extend credit to a broader range of borrowers. The company operates with a focus on underwriting quality loans and maintaining a strong risk management framework. MGIC's business model relies on generating insurance premiums and managing risks effectively to maintain profitability and support healthy housing markets.
MGIC Investment Corp is primarily active in the mortgage insurance industry. As a leading provider of private mortgage insurance, MGIC helps protect lenders and investors from credit losses in the event of borrower defaults. With a strong presence in the US housing market, MGIC supports homeownership by enabling borrowers to obtain low down payment mortgages. The company's services are crucial for facilitating the lending process by mitigating risk and providing financial security to both individuals and institutions involved in mortgage transactions. MGIC Investment Corp's dedication to the mortgage insurance industry has positioned it as a trusted leader in the market.
The main competitors of MGIC Investment Corp in the market include companies like Radian Group Inc., Genworth Financial Inc., and Essent Group Ltd. These companies are actively involved in the mortgage insurance industry, providing similar products and services as MGIC Investment Corp. While each competitor has its unique strengths and offerings, MGIC Investment Corp has established its presence as a leading provider of mortgage insurance solutions, catering to a wide range of customers.
MGIC Investment Corp is a prominent company in the field of mortgage insurance. Founded in 1957, it has a rich history and extensive experience in the industry. MGIC Investment Corp pioneered the concept of private mortgage insurance, providing a valuable service to homeowners and lenders alike. With a strong commitment to risk management and a focus on providing affordable and accessible mortgage insurance solutions, MGIC Investment Corp has successfully navigated through various economic cycles. Today, the company continues to be a trusted leader in the mortgage insurance market, delivering quality products and services to its customers while maintaining a solid financial foundation.
MGIC Investment Corp has achieved several significant milestones throughout its history. Notably, the company was founded in 1957 and became the first private mortgage insurer licensed by the state of Wisconsin. Over the years, MGIC has grown to become a leading provider of mortgage insurance, protecting lenders and investors against credit risks. In 1982, it became a public company, further strengthening its position in the market. MGIC has consistently demonstrated its commitment to innovation and financial strength, allowing it to navigate through changing market conditions. With a strong track record and a focus on delivering quality products and services, MGIC Investment Corp continues to excel in the mortgage insurance industry.
MGIC Investment Corp is primarily present in the United States.
MGIC Investment Corp represents values of integrity, trust, and commitment to its stakeholders. The company's corporate philosophy focuses on providing high-quality mortgage insurance products and services to support homeownership and financial stability. With a strong emphasis on risk management and innovation, MGIC Investment Corp aims to meet the evolving needs of its customers and the housing market. Through responsible lending practices and a customer-centric approach, MGIC Investment Corp strives to foster homeownership opportunities while maintaining financial strength.
Analysts currently set an average price target of 31.50 USD for the MGIC Investment stock (median: 31.50 USD), implying +9.7 % versus the latest price. The consensus is based on 14 analyst ratings.
14 analysts currently rate the MGIC Investment stock: 1 recommend buying, 7 holding and 6 selling. For 2026, analysts expect MGIC Investment to generate revenue of 1.19 B USD and earnings per share of 3.38 USD.
Converted at the current exchange rate, the MGIC Investment share trades at 25.72 EUR (28.66 USD).
The MGIC Investment share (MTG) is listed on 5 stock exchanges, including: NYSE (MTG), SIX (Zürich) (MGC.SW), Frankfurt (MGC.F), München (MGC.MU), Düsseldorf (MGC.DU).
MGIC Investment Corp is an insurance company based in Milwaukee, Wisconsin, specializing in mortgage insurance. The company is known as a market leader in the mortgage insurance industry and also offers other financial services.
The expected revenue of MGIC Investment is 1.19 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of MGIC Investment is 763.09 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of MGIC Investment is currently 8.48. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the MGIC Investment stock.
The price-to-sales ratio (P/S) of MGIC Investment is currently 5.43. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the MGIC Investment stock.
The Eulerpool Quality Score for MGIC Investment is 5/10.
The ISIN of MGIC Investment is US5528481030. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of MGIC Investment is 882538. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of MGIC Investment is MTG. The ticker symbol is used to trade MGIC Investment shares on the stock exchange.
MGIC Investment stock
MGIC Investment Peer Group
MGIC Investment Ticker
MGIC Investment FIGI
All fundamentals and in-depth analysis of MGIC Investment
Our stock analysis for MGIC Investment stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MGIC Investment. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.