MGIC Investment Corporation (MTG)

Market Cap	6.00B
Revenue (ttm)	1.19B
Net Income (ttm)	762.80M
Shares Out	253.37M
EPS (ttm)	2.83
PE Ratio	8.37
Forward PE	8.74
Dividend	$0.52 (2.20%)
Ex-Dividend Date	Nov 7, 2024

Volume	1,235,752
Open	23.52
Previous Close	23.66
Day's Range	23.38 - 23.69
52-Week Range	18.68 - 26.56
Beta	1.27
Analysts	Buy
Price Target	26.00 (+9.8%)
Earnings Date	Jan 29, 2025

About MTG

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, the District of Columbia, 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 pool ...

• Industry: Insurance - Specialty
• Sector: Financials
• IPO Date: Aug 6, 1991
• Employees: 627
• Stock Exchange: NYSE
• Ticker Symbol: MTG
• Website: https://mtg.mgic.com

Financial Performance

In 2023, MGIC Investment's revenue was $1.16 billion, a decrease of -1.51% compared to the previous year's $1.17 billion. Earnings were $712.95 million, a decrease of -17.61%.

Analyst Forecast

According to 7 analysts, the average rating for MTG stock is "Buy." The 12-month stock price forecast is $26.0, which is an increase of 9.80% from the latest price.

Price Target

$26.0

(9.80% upside)

Analyst Consensus: Buy