MGIC Investment Corporation (MTG)

Market Cap	4.97B
Revenue (ttm)	1.16B
Net Income (ttm)	719.89M
Shares Out	277.31M
EPS (ttm)	2.47
PE Ratio	7.13
Forward PE	7.58
Dividend	$0.46 (2.61%)
Ex-Dividend Date	Nov 8, 2023

Volume	1,241,241
Open	17.83
Previous Close	17.93
Day's Range	17.59 - 17.94
52-Week Range	12.16 - 18.25
Beta	1.26
Analysts	Buy
Price Target	17.40 (-1.14%)
Earnings Date	Oct 31, 2023

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: 683
• Stock Exchange: NYSE
• Ticker Symbol: MTG

Financial Performance

In 2022, MTG's revenue was $1.17 billion, a decrease of -1.09% compared to the previous year's $1.19 billion. Earnings were $865.35 million, an increase of 36.28%.

Analyst Forecast

According to 5 analysts, the average rating for MTG stock is "Buy." The 12-month stock price forecast is $17.4, which is a decrease of -1.14% from the latest price.

Price Target

$17.4

(-1.14% downside)

Analyst Consensus: Buy