MGIC Investment (MTG) Stock Price, News & Analysis

Company Overview

MGIC Investment Corporation is a holding company whose principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC), provides private mortgage insurance in the United States. Its insurance helps lenders manage credit risk on residential mortgage loans, particularly loans made to borrowers who provide down payments below traditional thresholds.

MGIC’s products are primarily designed for lenders and other mortgage-finance participants, including primary mortgage insurance covering individual residential loans. The company also offers related risk-management and servicing solutions intended to support mortgage originators, servicers and investors. Its business is focused mainly on the U.S. housing market, including the District of Columbia and U.S. territories where its insurance products are available.

MGIC was founded in 1961 by Max Karl and is recognized as one of the pioneers of the private mortgage-insurance industry. MGIC Investment Corporation is headquartered in Milwaukee, Wisconsin, and its common stock trades on the New York Stock Exchange under the symbol MTG.

Key Stats

• Today's Range: $26.83 to $27.44
• 50-Day Range: $25.93 to $31.48
• 52-Week Range: $24.69 to $31.89
• Volume: 1.84 million shs
• Average Volume: 2.06 million shs
• Market Capitalization: $5.57 billion
• P/E Ratio: 8.49
• Dividend Yield: 2.50%
• Price Target: $30.80
• Consensus Rating: Moderate Buy

MGIC Investment Stock Analysis - MarketRank™

MGIC Investment scored higher than 89% of companies evaluated by MarketBeat, and ranked 193rd out of 851 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

MGIC Investment has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 2 strong buy ratings, 1 buy rating, 5 hold ratings, and no sell ratings.

Upside Potential

MGIC Investment has a consensus price target of $30.80, representing about 14.1% upside from its current price of $26.99.

Amount of Analyst Coverage

MGIC Investment has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 5.86%

Earnings Growth

Earnings for MGIC Investment are expected to grow by 5.86% in the coming year, from $3.24 to $3.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MGIC Investment is 8.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of MGIC Investment is 8.44, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.70.

Price to Earnings Growth Ratio

MGIC Investment has a PEG Ratio of 0.70. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

MGIC Investment has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.11% 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 3.78, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MGIC Investment has recently increased by 22.20%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

MGIC Investment pays a meaningful dividend of 2.44%, 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 21.25%. 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 19.83% next year. This indicates that MGIC Investment will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.34

News Sentiment

MGIC Investment has a news sentiment score of 0.34. 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 is a lower news sentiment than the 0.64 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for MGIC Investment this week, compared to 4 articles on an average week.

Search Interest

2 people have searched for MTG on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

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.

Company Calendar

• Last Earnings: 7/29/2026
• Record date for 8/20 Dividend: 8/05/2026
• Ex-Dividend for 8/20 Dividend: 8/05/2026
• Dividend Payable: 8/20/2026
• Today: 10/13/2026
• Next Earnings (Estimated): 11/04/2026
• 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
• Web: www.mgic.com
• Phone: (414) 347-6480
• Fax: 414-347-6696
• Employees: 542
• Year Founded: 1957

Price Target and Rating

• Average Price Target for MGIC Investment: $30.80
• High Price Target: $35.00
• Low Price Target: $28.00
• Potential Upside/Downside: +13.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.20
• Trailing P/E Ratio: 8.49
• Forward P/E Ratio: 8.38
• P/E Growth: 0.7
• 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: $1.20 billion
• Price / Sales: 4.66
• Cash Flow: $3.30 per share
• Price / Cash Flow: 8.23
• Book Value: $23.01 per share
• Price / Book: 1.18

Miscellaneous

• Outstanding Shares: 205,125,000
• Free Float: 202,376,000
• Market Cap: $5.57 billion
• Optionable: Optionable
• Beta: 0.67