MGIC Investment (MTG) Stock Price, News & Analysis

Company Overview

MGIC Investment Corporation (NYSE: MTG) is a leading provider of private mortgage insurance in the United States. Through its principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC), the company offers mortgage credit protection that enables lenders to originate loans with down payments as low as 3%. MGIC’s risk management framework combines advanced analytics, vigilant loan-level underwriting and broad reinsurance partnerships to protect lenders and investors against losses on mortgage defaults.

Founded in 1957 and headquartered in Milwaukee, Wisconsin, MGIC pioneered the private mortgage insurance industry. Over its history, the firm has grown to insure hundreds of billions of dollars in single-family residential mortgages. MGIC’s offerings include primary mortgage insurance, pool insurance for securitized loan portfolios, and custom underwriting solutions, all designed to support market liquidity and promote sustainable homeownership.

MGIC’s operations span all 50 states, serving a diverse range of mortgage lenders—from large national banks and mortgage bankers to community-based institutions. The company maintains underwriting guidelines that balance credit accessibility with sound risk controls, and it continually refines its pricing and capital strategies in response to evolving market conditions. By facilitating lower down payments, MGIC plays a central role in broadening access to affordable home financing.

Under the leadership of Chairman and Chief Executive Officer Michael E. Frericks, MGIC emphasizes disciplined underwriting, technological innovation and financial strength. The company’s management team combines deep industry expertise with a focus on governance, compliance and client service. Through ongoing investment in data analytics and process automation, MGIC seeks to enhance its risk assessment capabilities and maintain its position as a trusted partner to mortgage originators nationwide.

Key Stats

• Today's Range: $25.14 to $25.80
• 50-Day Range: $25.25 to $28.52
• 52-Week Range: $21.94 to $28.67
• Volume: 3.98 million shs
• Average Volume: 1.89 million shs
• Market Capitalization: $5.99 billion
• P/E Ratio: 8.39
• Dividend Yield: 2.06%
• Price Target: $26.88
• Consensus Rating: Hold

MGIC Investment Stock Analysis - MarketRank™

MGIC Investment scored higher than 79% of companies evaluated by MarketBeat, and ranked 302nd out of 936 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: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

MGIC Investment has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

MGIC Investment has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.69%

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 8.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of MGIC Investment is 8.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.20.

Price to Earnings Growth Ratio

MGIC Investment has a PEG Ratio of 2.31. 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.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.25% 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 15.53%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

MGIC Investment pays a meaningful dividend of 2.06%, 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 17.28%. 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 18.51% next year. This indicates that MGIC Investment will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -0.07

Percentage of Shares Shorted

2.25% 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 15.53%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.04

News Sentiment

MGIC Investment has a news sentiment score of 1.04. 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 higher news sentiment than the 0.94 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for MGIC Investment this week, compared to 7 articles on an average week.

Search Interest

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

Company Ownership

• Score: 2.5 / 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 $529,800.00 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.

MTG Stock Analysis - Frequently Asked Questions

How have MTG shares performed this year?

MGIC Investment's stock was trading at $23.71 at the beginning of the year. Since then, MTG stock has increased by 6.5% and is now trading at $25.2470.

How were MGIC Investment's earnings last quarter?

MGIC Investment Corporation (NYSE:MTG) posted its quarterly earnings results on Wednesday, April, 30th. The insurance provider reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.09. The company's quarterly revenue was up 4.0% on a year-over-year basis.
Read the conference call transcript.

Is MGIC Investment buying back stock?

MGIC Investment's board authorized a share 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 reacquire up to 12.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

Who are MGIC Investment's major shareholders?

Top institutional investors of MGIC Investment include Wealth Enhancement Advisory Services LLC (0.66%), Livforsakringsbolaget Skandia Omsesidigt (0.05%), Wedge Capital Management L L P NC (0.04%) and Bank of New Hampshire (0.03%). Insiders that own company stock include Paula C Maggio, Julie K Sperber and Gary A Poliner.
View institutional ownership trends.

How do I buy shares of MGIC Investment?

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.

What other stocks do shareholders of MGIC Investment own?

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: 4/30/2025
• Record date for 5/21 Dividend: 5/08/2025
• Ex-Dividend for 5/21 Dividend: 5/08/2025
• Dividend Payable: 5/21/2025
• Today: 7/12/2025
• Next Earnings (Estimated): 7/30/2025
• 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
• Web: mtg.mgic.com
• Phone: (414) 347-6480
• Fax: 414-347-6696
• Employees: 680
• Year Founded: N/A

Price Target and Rating

• Average Price Target for MGIC Investment: $26.88
• High Price Target: $30.00
• Low Price Target: $25.00
• Potential Upside/Downside: +6.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.13
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.01
• Trailing P/E Ratio: 8.39
• Forward P/E Ratio: 9.32
• P/E Growth: 2.37
• Net Income: $762.99 million
• Net Margins: 63.49%
• Pretax Margin: 80.64%
• Return on Equity: 14.96%
• Return on Assets: 11.80%

Debt

• Debt-to-Equity Ratio: 0.13
• Current Ratio: 1.25
• Quick Ratio: 1.25

Sales & Book Value

• Annual Sales: $1.21 billion
• Price / Sales: 4.96
• Cash Flow: $3.03 per share
• Price / Cash Flow: 8.33
• Book Value: $20.42 per share
• Price / Book: 1.24

Miscellaneous

• Outstanding Shares: 237,440,000
• Free Float: 234,944,000
• Market Cap: $5.99 billion
• Optionable: Optionable
• Beta: 0.89