MGIC Investment Corporation (MTG)

Market Cap	5.49B
Revenue (ttm)	1.16B
Net Income (ttm)	712.95M
Shares Out	269.67M
EPS (ttm)	2.49
PE Ratio	8.18
Forward PE	8.19
Dividend	$0.46 (2.26%)
Ex-Dividend Date	Feb 14, 2024

Volume	1,894,081
Open	20.21
Previous Close	20.35
Day's Range	19.98 - 20.38
52-Week Range	13.97 - 22.43
Beta	1.22
Analysts	Hold
Price Target	20.75 (+1.92%)
Earnings Date	May 1, 2024

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

Financial Performance

In 2023, MTG'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 6 analysts, the average rating for MTG stock is "Hold." The 12-month stock price forecast is $20.75, which is an increase of 1.92% from the latest price.

Price Target

$20.75

(1.92% upside)

Analyst Consensus: Hold