MGIC Investment Corporation
MGIC Investment Corporation
Your view on MTG
Overview
What the company does, where it operates, and who runs it.
About MGIC Investment Corporation
- Industry
- Insurance - Specialty
- Sector
- Financial Services
- CEO
- Timothy James Mattke CPA
- Headquarters
- MGIC Plaza, Milwaukee, WI, US
- Industry
- Insurance - Specialty
- Sector
- Financial Services
- CEO
- Timothy James Mattke CPA
- Headquarters
- MGIC Plaza, Milwaukee, WI, US
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam.
The company offers primary mortgage 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. It also provides contract underwriting services, as well as reinsurance.
The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for MGIC Investment Corporation, and the rating behind it. MTG last traded at $28.72, 9.0× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for MGIC Investment Corporation. Starting points for MGIC Investment Corporation: P/E 9.0, EPS $3.37, beta 0.67 — an Insurance - Specialty name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for MGIC Investment Corporation. MGIC Investment Corporation paid $0.62 per share over the last year — a 2.2% yield at the current $28.72 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for MGIC Investment Corporation. Trailing twelve-month EPS for MGIC Investment Corporation stands at $3.37. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for MGIC Investment Corporation. MGIC Investment Corporation has reported as a listed company since 1991. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
MGIC Investment Corporation valued side by side against its closest peers. MGIC Investment Corporation is measured against Insurance - Specialty peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold MGIC Investment Corporation, and how their positions are changing. At a $5.89B market value, institutional positions materially move MGIC Investment Corporation's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by MGIC Investment Corporation executives and directors. Shares of MGIC Investment Corporation have traded between $21.94 and $29.01 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming MGIC Investment Corporation. MGIC Investment Corporation is a $5.89B Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming MGIC Investment Corporation. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for MGIC Investment Corporation. Coverage tracks MGIC Investment Corporation within Insurance - Specialty (Financial Services). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.