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MGIC Investment (MTG) Stock Price, News & Analysis

MGIC Investment logo
$28.61 -0.74 (-2.52%)
Closing price 03:59 PM Eastern
Extended Trading
$28.62 +0.00 (+0.01%)
As of 07:30 PM Eastern
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About MGIC Investment Stock (NYSE:MTG)

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Key Stats

Today's Range
$28.01
▼
$28.93
50-Day Range
$25.93
▼
$31.48
52-Week Range
$24.69
▼
$31.89
Volume
2.88 million shs
Average Volume
2.25 million shs
Market Capitalization
$5.87 billion
P/E Ratio
9.02
Dividend Yield
2.38%
Price Target
$31.00
Consensus Rating
Hold

Company Overview

MGIC Investment Corporation (NYSE:MTG) is a holding company whose principal subsidiary is Mortgage Guaranty Insurance Corporation (MGIC), a provider of private mortgage insurance in the United States. MGIC’s insurance helps protect mortgage lenders and investors against losses when borrowers default, enabling qualified homebuyers to obtain mortgages with smaller down payments.

MGIC primarily offers primary mortgage insurance for residential loans, working with mortgage lenders, banks and other housing-finance institutions. Its services also include tools and support designed to assist lenders with mortgage underwriting, risk management and loan servicing throughout the life of an insured loan.

MGIC traces its history to 1961, when it was established as one of the earliest private mortgage insurance companies in the United States. The company is headquartered in Milwaukee, Wisconsin, and its business is focused on serving the U.S. residential housing and mortgage markets.

AI Generated. May Contain Errors.

MGIC Investment Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
71st Percentile Overall Score

MTG MarketRank™: 
3.531746031745 of 5 stars

MGIC Investment scored higher than 71% of companies evaluated by MarketBeat, and ranked 435th out of 842 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MGIC Investment has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 1 strong buy rating, 1 buy rating, 6 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for MGIC Investment is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    MGIC Investment has only been the subject of 4 research reports in the past 90 days.

  • Read more about MGIC Investment's stock forecast and price target.
  • Earnings Growth

    Earnings for MGIC Investment are expected to grow by 4.66% in the coming year, from $3.22 to $3.37 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MGIC Investment is 8.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.50.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MGIC Investment is 8.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.21.

  • Price to Earnings Growth Ratio

    MGIC Investment has a PEG Ratio of 1.03. PEG Ratios around 1 indicate that a company is correctly valued.

  • Price to Book Value per Share Ratio

    MGIC Investment has a P/B Ratio of 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    5.94% of the float of MGIC Investment has been sold short.
  • Short Interest Ratio / Days to Cover

    MGIC Investment has a short interest ratio ("days to cover") of 4.65.
  • Change versus previous month

    Short interest in MGIC Investment has recently increased by 16.39%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    MGIC Investment pays a meaningful dividend of 2.37%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    MGIC Investment has been increasing its dividend for 6 years.

  • Dividend Coverage

    The dividend payout ratio of MGIC Investment is 21.12%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, MGIC Investment will have a dividend payout ratio of 20.18% next year. This indicates that MGIC Investment will be able to sustain or increase its dividend.

  • Read more about MGIC Investment's dividend.
  • News Sentiment

    MGIC Investment has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 18 news articles for MGIC Investment this week, compared to 4 articles on an average week.
  • Search Interest

    Only 1 people have searched for MTG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MGIC Investment insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,906,200.00 in company stock.

  • Percentage Held by Insiders

    1.34% of the stock of MGIC Investment is held by insiders.

  • Percentage Held by Institutions

    95.58% of the stock of MGIC Investment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about MGIC Investment's insider trading history.
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MTG Stock News Headlines

MGIC Investment (MTG) Q3 2026 Earnings Call Transcript
I'm handing you this one free
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MGIC Investment Q3 2026: EPS Beat, but Credit Costs Are Rising
Does Earnings Beat Change The Bull Case For MGIC Investment Stock (MTG)?
See More Headlines

MTG Stock Analysis - Frequently Asked Questions

MGIC Investment's stock was trading at $29.21 on January 1st, 2026. Since then, MTG shares have decreased by 2.1% and is now trading at $28.6110.

MGIC Investment Corporation (NYSE:MTG) announced its quarterly earnings results on Wednesday, November, 4th. The insurance provider reported $0.85 EPS for the quarter, beating the consensus estimate of $0.81 by $0.04. The firm's quarterly revenue was down 1.8% on a year-over-year basis.
Read the conference call transcript
.

MGIC Investment's Board of Directors approved a stock buyback plan on Thursday, April 23rd 2026, which permits the company to repurchase $750 million in outstanding shares, according to EventVestor. This means that the company could purchase up to 12.4% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

Top institutional shareholders of MGIC Investment include Robeco Institutional Asset Management B.V. (0.56%), VIRGINIA RETIREMENT SYSTEMS ET Al (0.52%), Leeward Investments LLC MA (0.26%) and Alps Advisors Inc. (0.25%). Insiders that own company stock include Timothy J Mattke, Salvatore A Miosi, Paula C Maggio and Julie K Sperber.
View institutional ownership trends
.

Shares of MTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that MGIC Investment investors own include NVIDIA (NVDA), Ford Motor (F), Radian Group (RDN), AT&T (T), Advanced Micro Devices (AMD), Micron Technology (MU) and Tesla (TSLA).

Company Calendar

Record date for 8/20 Dividend
8/05/2026
Ex-Dividend for 8/20 Dividend
8/05/2026
Dividend Payable
8/20/2026
Last Earnings
11/04/2026
Today
11/06/2026
Record date for 11/23 Dividend
11/12/2026
Ex-Dividend for 11/23 Dividend
11/12/2026
Dividend Payable
11/23/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Financial Services
Sub-Industry
Commercial & Residential Mortgage Finance
Current Symbol
NYSE:MTG
CIK
876437
Employees
542
Year Founded
1957

Price Target and Rating

High Price Target
$35.00
Low Price Target
$28.00
Potential Upside/Downside
+8.3%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.22
Trailing P/E Ratio
9.02
Forward P/E Ratio
8.49
P/E Growth
1.03
Net Income
$738.35 million
Net Margins
59.20%
Pretax Margin
73.98%
Return on Equity
13.90%
Return on Assets
10.81%

Debt

Debt-to-Equity Ratio
0.13
Current Ratio
1.19
Quick Ratio
1.19

Sales & Book Value

Annual Sales
$1.21 billion
Price / Sales
4.84
Cash Flow
$3.29 per share
Price / Cash Flow
8.69
Book Value
$23.01 per share
Price / Book
1.24

Miscellaneous

Outstanding Shares
205,120,000
Free Float
202,376,000
Market Cap
$5.87 billion
Optionable
Optionable
Beta
0.64

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This page (NYSE:MTG) was last updated on 11/6/2026 by MarketBeat.com Staff.
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