Home » Stocks » MTG

MGIC Investment Corporation (MTG)

Stock Price: $14.40 USD 0.05 (0.35%)
Updated May 18, 2021 12:25 PM EDT - Market open
Market Cap 4.86B
Revenue (ttm) 1.19B
Net Income (ttm) 446.31M
Shares Out 338.90M
EPS (ttm) 1.30
PE Ratio 11.12
Forward PE 8.12
Dividend $0.24
Dividend Yield 1.67%
Trading Day May 18
Last Price $14.40
Previous Close $14.35
Change ($) 0.05
Change (%) 0.35%
Day's Open 14.39
Day's Range 14.27 - 14.52
Day's Volume 658,293
52-Week Range 6.71 - 15.61

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation

MGIC Investment's (MTG) Q1 earnings reflect an increase in insurance in force and improved loss ratio, offset by lower premiums and net investment income.

1 week ago - Zacks Investment Research

Shares of MGIC Investment (NYSE:MTG) fell in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were unchanged 0.00% over the past year to $0.42, which were...

1 week ago - Benzinga

MILWAUKEE, May 5, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2021. Net income for the quarter was $150.0 million...

1 week ago - PRNewsWire

MILWAUKEE, April 29, 2021 /PRNewswire/ -- The Board of Directors of MGIC Investment Corporation (NYSE:MTG) today declared a quarterly cash dividend of $0.06 per share. The dividend is payable on May 27,...

2 weeks ago - PRNewsWire

MILWAUKEE, April 7, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2021 financial results after the market closes on Wednesday May 5, 2021....

1 month ago - PRNewsWire

MGIC Investment shows improving price performance, earning an upgrade to its IBD Relative Strength Rating The post MGIC Investment Earns IBD Rating Upgrade appeared first on Investor's Business Daily.

1 month ago - Investors Business Daily

MGIC (MTG) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

MGIC Investment (MTG) is poised to grow on the back of its strong housing market, lower loss and claims and financial flexibility.

1 month ago - Zacks Investment Research

These two stocks are primed for growth

Other stocks mentioned: CURO
2 months ago - The Motley Fool

MILWAUKEE, March 5, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today issued an Operational Summary of the primary mortgage insurance of its insurance subsidiaries for the month of Febr...

2 months ago - PRNewsWire

MGIC Investment's (MTG) Q4 results reflect strength of the purchase mortgage market and the refinance market as well as the company's solid market presence.

2 months ago - Zacks Investment Research

Shares of MGIC Investment (NYSE:MTG) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 12.24% year over year to $0.43, which beat the estimate...

2 months ago - Benzinga

MILWAUKEE, Feb. 23, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the fourth quarter of 2020. Net income for the quarter was $151.4 mill...

2 months ago - PRNewsWire

On Tuesday, February 23, MGIC Investment (NYSE:MTG) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

2 months ago - Benzinga

MILWAUKEE, Feb. 8, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today issued an Operational Summary of the primary mortgage insurance of its insurance subsidiaries for the month of Janua...

3 months ago - PRNewsWire

MGIC has net cash of $16.25. Its $239 billion of mortgage insurance in force is worth another at least $3 per share.

3 months ago - Seeking Alpha

MILWAUKEE, Jan. 27, 2021 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), today announced the promotion of Gary J. Joh...

3 months ago - PRNewsWire

MGIC Investment (MTG) is poised to grow given its strong persistency, higher average investment portfolio balance and financial flexibility.

4 months ago - Zacks Investment Research

MILWAUKEE, Jan. 11, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its fourth quarter 2020 financial results after the market closes on Tuesday, February 23,...

4 months ago - PRNewsWire

A Relative Strength Rating upgrade for MGIC Investment shows improving technical performance. Will it continue?

5 months ago - Investors Business Daily

MGIC (MTG) reported earnings 30 days ago. What's next for the stock?

5 months ago - Zacks Investment Research

MILWAUKEE, Nov. 24, 2020 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC) (NYSE: MTG) announced today that it is fully integrated with Lender Price, a leading cloud-based product, pricing ...

5 months ago - PRNewsWire

MILWAUKEE, Nov. 18, 2020 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC) (NYSE: MTG) and Mortgage Coach, an industry-leading loan officer presentation solution, jointly announced today th...

5 months ago - PRNewsWire

MGIC Investment (MTG) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

6 months ago - Zacks Investment Research

MGIC earned $0.43 in operating EPS for Q3, beating estimates. Investors continue to underestimate the substantial reductions in MGIC's credit risk exposure.

6 months ago - Seeking Alpha

MGIC Investment's (MTG) CEO Tim Mattke on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

MGIC's (MTG) Q3 results reflect strength of the purchase mortgage market and the refinance market but lower annual persistency and increase in primary delinquency inventory.

6 months ago - Zacks Investment Research

MILWAUKEE, Nov. 4, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the third quarter of 2020. Net income for the quarter was $130.8 millio...

6 months ago - PRNewsWire

We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. ...

6 months ago - Insider Monkey

6 Multiline Insurers to Watch Out for Amid Operational Challenges

Other stocks mentioned: CI, CNO, HMN, MET, ORI
6 months ago - Zacks Investment Research

MILWAUKEE, Oct. 30, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today announced that Lisa Pendergast, who has been with the Company since 1998 and currently serves as Vice President, Tr...

6 months ago - PRNewsWire

MILWAUKEE, Oct. 29, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today announced Analisa M. Allen has been elected to the Board of Directors for MGIC Investment Corporation and its princ...

6 months ago - PRNewsWire

MILWAUKEE, Oct. 29, 2020 /PRNewswire/ -- The Board of Directors of MGIC Investment Corporation (NYSE:MTG) today declared a quarterly cash dividend of $0.06 per share. The dividend is payable on November...

6 months ago - PRNewsWire

MILWAUKEE, Oct. 8, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its 3rd quarter 2020 financial results after the market closes on Wednesday November 4, 202...

7 months ago - PRNewsWire

MILWAUKEE, Sept. 9, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced today that the company's Chief Executive Officer, Timothy Mattke, will present at the Barclays Global Financial...

8 months ago - PRNewsWire

MILWAUKEE, Sept. 9, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today issued an Operational Summary of its insurance subsidiaries for the month of August 2020 for their primary mortgage...

8 months ago - PRNewsWire

MGIC (MTG) reported earnings 30 days ago. What's next for the stock?

8 months ago - Zacks Investment Research

While housing stocks homebuilders and online realtors have done well this year, mortgage insurers - MIs - have been poor performers.

Other stocks mentioned: DHI, ESNT, KBH, NMIH, PHM, RDFN, RDN ...
9 months ago - Seeking Alpha

MGIC Investment (MTG) displays prudence by issuing senior notes amid a low interest rate environment to procure funds.

9 months ago - Zacks Investment Research

MILWAUKEE, Aug. 12, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) (the "Company") announced today that it completed the public offering and sale of $650 million in aggregate principal amo...

9 months ago - PRNewsWire

MGIC Investment's (MTG) subsidiary brings MGIC PMI to credit unions in collaboration with CUNA Mutual Group

9 months ago - Zacks Investment Research

MGIC Investment's (MTG) second-quarter 2020 results reflect higher insurance in force, offset by lower revenues and increase in primary delinquency loans.

9 months ago - Zacks Investment Research

MILWAUKEE, Aug. 6, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) (the "Company") today announced that it has commenced a cash tender offer (the "Tender Offer") to purchase any and all of ...

9 months ago - PRNewsWire

MILWAUKEE, Aug. 6, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) (the "Company") announced today that it has commenced a public offering of its Senior Notes due 2028.

9 months ago - PRNewsWire

MGIC Investment Corp (MTG) CEO Timothy Mattke on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

MILWAUKEE, Aug. 4, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the second quarter of 2020.

9 months ago - PRNewsWire

MILWAUKEE, Aug. 3, 2020 /PRNewswire/ -- MGIC Investment Corporation (MTG) announced today that, in accordance with Section I(E)(1) of the company's Corporate Governance Guidelines, Kenneth M.

9 months ago - PRNewsWire

MILWAUKEE, July 8, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its 2nd quarter 2020 financial results before the market opens on Wednesday August 5, 2020....

10 months ago - PRNewsWire

Is MGIC Investment Corporation (MTG) a great pick from the value investor's perspective right now? Read on to know more.

10 months ago - Zacks Investment Research

MGIC Investment (MTG) is poised to grow given its improved premium, solid new business written and strong persistency, partly offset by high cost.

10 months ago - Zacks Investment Research

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, 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;... [Read more...]

Industry
Insurance-Specialty
IPO Date
Aug 6, 1991
CEO
Timothy Mattke
Employees
739
Stock Exchange
NYSE
Ticker Symbol
MTG
Full Company Profile

Financial Performance

In 2020, MTG's revenue was $1.20 billion, a decrease of -1.22% compared to the previous year's $1.21 billion. Earnings were $446.09 million, a decrease of -33.79%.

Financial Statements

Analyst Forecasts

According to 11 analysts, the average rating for MTG stock is "Buy." The 12-month stock price forecast is 16.65, which is an increase of 15.63% from the latest price.

Price Target
$16.65
(15.63% upside)
Analyst Consensus: Buy