MGIC Investment Corporation (MTG)

NYSE: MTG · Real-Time Price · USD
26.17
-0.07 (-0.27%)
At close: May 9, 2025, 4:00 PM
26.17
0.00 (0.00%)
After-hours: May 9, 2025, 7:00 PM EDT
-0.27%
Market Cap 6.21B
Revenue (ttm) 1.22B
Net Income (ttm) 774.36M
Shares Out 237.44M
EPS (ttm) 3.00
PE Ratio 8.71
Forward PE 8.94
Dividend $0.52 (1.99%)
Ex-Dividend Date May 8, 2025
Volume 1,261,942
Open 26.27
Previous Close 26.24
Day's Range 25.96 - 26.40
52-Week Range 20.11 - 26.56
Beta 0.91
Analysts Hold
Price Target 26.50 (+1.26%)
Earnings Date Apr 30, 2025

About MTG

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 ins... [Read more]

Sector Financials
IPO Date Aug 6, 1991
Employees 555
Stock Exchange NYSE
Ticker Symbol MTG
Full Company Profile

Financial Performance

In 2024, MGIC Investment's revenue was $1.21 billion, an increase of 4.56% compared to the previous year's $1.16 billion. Earnings were $762.99 million, an increase of 7.02%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MTG stock is "Hold." The 12-month stock price forecast is $26.5, which is an increase of 1.26% from the latest price.

Price Target
$26.5
(1.26% upside)
Analyst Consensus: Hold
Stock Forecasts

News

MGIC Investment: Solid Results Appear To Be In The Price

MGIC Investment Corporation shares have risen 27% in the past year, driven by strong earnings and no direct tariff exposure. Q1 earnings beat estimates with $0.75 EPS, boosted by strong underwriting a...

7 days ago - Seeking Alpha

MGIC Investment Corporation (MTG) Q1 2025 Earnings Call Transcript

MGIC Investment Corporation (NYSE:MTG) Q1 2025 Earnings Conference Call May 1, 2025 10:00 AM ET Company Participants Dianna Higgins – Head of Investor Relations Tim Mattke – Chief Executive Officer N...

9 days ago - Seeking Alpha

MGIC Investment Corporation Reports First Quarter 2025 Results

First Quarter 2025 Net Income of $185.5 million or $0.75 per Diluted Share First Quarter 2025 Adjusted Net Operating Income (Non-GAAP) of $185.2 million or $0.75  per Diluted Share MILWAUKEE , April 3...

10 days ago - PRNewsWire

MGIC Investment Announces Additional $750 Million Share Repurchase Program and Quarterly Dividend of $0.13 Per Share

MILWAUKEE , April 24, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced its board of directors has approved an additional share repurchase program with authorization to purchase u...

16 days ago - PRNewsWire

MGIC Investment Corporation Schedules 1st Quarter 2025 Earnings Call

MILWAUKEE , April 4, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2025 financial results after the market closes on Wednesday, April 30...

5 weeks ago - PRNewsWire

MGIC Investment: A Junk Bond Earnings Yield With Growth

MGIC Investment: A Junk Bond Earnings Yield With Growth

3 months ago - Seeking Alpha

MGIC Investment Corporation (MTG) Q4 2024 Earnings Call Transcript

MGIC Investment Corporation (NYSE:MTG) Q4 2024 Earnings Conference Call February 4, 2025 10:00 AM ET Company Participants Dianna Higgins - Head of Investor Relations Tim Mattke - Chief Executive Offi...

3 months ago - Seeking Alpha

MGIC Investment Corporation Reports Fourth Quarter 2024 Results

Fourth Quarter 2024 Net Income of $184.7 million or $0.72 per Diluted Share Fourth Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $184.5 million or $0.72  per Diluted Share Full Year 2024 Ne...

3 months ago - PRNewsWire

MGIC Investment Corporation Announces Quarterly Dividend of $0.13 Per Share

MILWAUKEE , Jan. 28, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share, payable on March 5, 2025,...

3 months ago - PRNewsWire

MGIC Investment Corporation Schedules 4th Quarter 2024 Earnings Call

MILWAUKEE , Jan. 6, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its fourth quarter 2024 financial results after the market closes on Monday, February 3,...

4 months ago - PRNewsWire

MGIC Investment Corporation (MTG) Q3 2024 Earnings Call Transcript

MGIC Investment Corporation (NYSE:MTG) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Dianna Higgins - Head, Investor Relations Tim Mattke - Chief Executive Office...

6 months ago - Seeking Alpha

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

MGIC Investment shares have gained 34% over the past year, but recently pulled back 10% due to concerns over the US housing market. Q3 earnings report showed $0.77 in adjusted EPS and a 3% revenue inc...

6 months ago - Seeking Alpha

MGIC Investment Corporation Reports Third Quarter 2024 Results

Third Quarter 2024 Net Income of $200.0 million or $0.77 per Diluted Share Third Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $200.7 million or $0.77  per Diluted Share MILWAUKEE , Nov. 4,...

6 months ago - PRNewsWire

MGIC Investment Corporation Schedules 3rd Quarter 2024 Earnings Call

MILWAUKEE , Oct. 7, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its third quarter 2024 financial results after the market closes on Monday, November 4, ...

7 months ago - PRNewsWire

AM Best Upgrades Credit Ratings of Operating Subsidiaries of MGIC Investment Corporation

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) ...

8 months ago - Business Wire

MGIC Comments on the Recently Adopted PMIERs Updates

MILWAUKEE , Aug. 21, 2024 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), comments on the updates by the government...

9 months ago - PRNewsWire

MGIC Investment Corporation (MTG) Q2 2024 Earnings Call Transcript

MGIC Investment Corporation (NYSE:MTG) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Dianna Higgins - Head, Investor Relations Tim Mattke - Chief Executive Officer ...

10 months ago - Seeking Alpha

MGIC Investment Corporation Reports Second Quarter 2024 Results

Second Quarter 2024 Net Income of $204.2 million or $0.77 per Diluted Share Second Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $204.9 million or $0.77  per Diluted Share MILWAUKEE , July ...

10 months ago - PRNewsWire

7 Upcoming Dividend Increases

The article presents upcoming dividend increases, with an average increase of 7.1% and a median of 5.9%. Investment strategy involves buying companies with a consistent dividend growth history and bea...

Other symbols: FSBWODCORRFSCHDSRCESSB
10 months ago - Seeking Alpha

MGIC Investment Corporation Announces an Increase to Quarterly Dividend

MILWAUKEE , July 25, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share, an increase of 13% from t...

10 months ago - PRNewsWire

MGIC Investment Corporation Schedules 2nd Quarter 2024 Earnings Call

MILWAUKEE , July 1, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its second quarter 2024 financial results after the market closes on Wednesday, July 31,...

11 months ago - PRNewsWire

MGIC Investment Corporation (MTG) Q1 2024 Earnings Call Transcript

MGIC Investment Corporation (NYSE:MTG) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Dianna Higgins - Head, Investor Relations Tim Mattke - Chief Executive Officer Nat...

1 year ago - Seeking Alpha

MGIC Investment Corporation Reports First Quarter 2024 Results

First Quarter 2024 Net Income of $174.1 million or $0.64 per Diluted Share First Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $178.4 million or $0.65  per Diluted Share MILWAUKEE , May 1, ...

1 year ago - PRNewsWire

MGIC Investment Announces Additional $750 Million Share Repurchase Program and Quarterly Dividend of $0.115 Per Share

MILWAUKEE , April 25, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced its board of directors has approved an additional share repurchase program with authorization to purchase u...

1 year ago - PRNewsWire

Buy MGIC: Higher Interest Rates Create A Buying Opportunity

MGIC's stock fell by 13% due to a spike in the 10-year Treasury bond yield, making it a good time to invest. Q1 forecast for MGIC predicts flat insurance revenues, but higher investment income and 6% ...

1 year ago - Seeking Alpha