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NYSE:MTG

MGIC Investment (MTG) Stock Price, News & Analysis

MGIC Investment logo
$27.62 -0.38 (-1.34%)
As of 03:27 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About MGIC Investment Stock (NYSE:MTG)

Key Stats

Today's Range
$27.47
$28.13
50-Day Range
$25.03
$28.52
52-Week Range
$21.94
$28.67
Volume
613,199 shs
Average Volume
2.15 million shs
Market Capitalization
$6.37 billion
P/E Ratio
9.06
Dividend Yield
2.17%
Price Target
$26.67
Consensus Rating
Reduce

Company Overview

MGIC Investment Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
70th Percentile Overall Score

MTG MarketRank™: 

MGIC Investment scored higher than 70% of companies evaluated by MarketBeat, and ranked 437th out of 934 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 Reduce. The company's average rating score is 1.83, and is based on no buy ratings, 5 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    MGIC Investment has only been the subject of 2 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 3.69% in the coming year, from $2.71 to $2.81 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MGIC Investment is 9.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MGIC Investment is 9.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.44.

  • Price to Earnings Growth Ratio

    MGIC Investment has a PEG Ratio of 2.01. PEG Ratios above 1 indicate that a company could be overvalued.

  • 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.

  • Read more about MGIC Investment's valuation and earnings.
  • Percentage of Shares Shorted

    2.46% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MGIC Investment has recently decreased by 3.15%, indicating that investor sentiment is improving.
  • Dividend Yield

    MGIC Investment pays a meaningful dividend of 2.15%, 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 19.67%. 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 21.35% next year. This indicates that MGIC Investment will be able to sustain or increase its dividend.

  • Read more about MGIC Investment's dividend.
  • Percentage of Shares Shorted

    2.46% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MGIC Investment has recently decreased by 3.15%, indicating that investor sentiment is improving.
  • News Sentiment

    MGIC Investment has a news sentiment score of 1.09. 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 8 articles on an average week.
  • MarketBeat Follows

    3 people have added MGIC Investment to their MarketBeat watchlist in the last 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 $5,010,848.00 in company stock.

  • Percentage Held by Insiders

    Only 1.05% 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

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Zacks Research Cuts Earnings Estimates for MGIC Investment
See More Headlines

MTG Stock Analysis - Frequently Asked Questions

MGIC Investment's stock was trading at $23.71 at the beginning of the year. Since then, MTG stock has increased by 16.5% and is now trading at $27.6250.

MGIC Investment Corporation (NYSE:MTG) issued its earnings results on Wednesday, July, 30th. The insurance provider reported $0.82 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.12. The business's revenue was down .3% compared to the same quarter last year.
Read the conference call transcript
.

MGIC Investment's Board of Directors initiated a stock buyback plan on Thursday, April 24th 2025, which permits the company to repurchase $750,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 12.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

MGIC Investment's top institutional investors include JPMorgan Chase & Co. (7.95%), LSV Asset Management (4.59%), State Street Corp (3.63%) and First Trust Advisors LP (3.17%). Insiders that own company stock include Timothy J Mattke, Salvatore A Miosi, Paula C Maggio, Julie K Sperber and Gary A Poliner.
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), Broadcom (AVGO), Meta Platforms (META), GE Aerospace (GE), Arista Networks (ANET), Advanced Micro Devices (AMD) and ServiceNow (NOW).

Company Calendar

Last Earnings
7/30/2025
Record date for 8/21 Dividend
8/07/2025
Ex-Dividend for 8/21 Dividend
8/07/2025
Dividend Payable
8/21/2025
Today
8/28/2025
Next Earnings (Estimated)
11/03/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
INS - MULTI LINE
Sub-Industry
Thrifts & Mortgage Finance
Current Symbol
NYSE:MTG
CIK
876437
Employees
680
Year Founded
1957

Price Target and Rating

High Price Target
$28.00
Low Price Target
$25.00
Potential Upside/Downside
-4.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.83
Research Coverage
6 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.05
Trailing P/E Ratio
9.18
Forward P/E Ratio
10.33
P/E Growth
2.01
Net Income
$762.99 million
Net Margins
62.58%
Pretax Margin
79.58%
Return on Equity
14.73%
Return on Assets
11.62%

Debt

Debt-to-Equity Ratio
0.13
Current Ratio
1.46
Quick Ratio
1.46

Sales & Book Value

Annual Sales
$1.21 billion
Price / Sales
5.35
Cash Flow
$3.12 per share
Price / Cash Flow
8.97
Book Value
$22.36 per share
Price / Book
1.25

Miscellaneous

Outstanding Shares
230,520,000
Free Float
228,103,000
Market Cap
$6.46 billion
Optionable
Optionable
Beta
0.90

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This page (NYSE:MTG) was last updated on 8/28/2025 by MarketBeat.com Staff
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