S&P 500   4,583.34 (+1.12%)
DOW   35,386.80 (+1.02%)
QQQ   370.41 (+1.07%)
AAPL   167.13 (+0.54%)
MSFT   308.78 (+1.80%)
FB   326.32 (+2.11%)
GOOGL   2,732.80 (+1.13%)
AMZN   3,146.30 (+0.65%)
TSLA   1,013.38 (+1.78%)
NVDA   252.26 (+0.63%)
BABA   135.22 (+5.86%)
NIO   29.89 (+4.40%)
AMD   125.94 (-1.82%)
CGC   7.97 (+4.32%)
MU   87.98 (-2.24%)
GE   100.28 (-0.34%)
T   27.04 (-0.88%)
F   21.73 (-3.21%)
DIS   151.26 (+0.77%)
AMC   18.29 (-0.16%)
PFE   53.29 (-0.47%)
ACB   5.00 (+2.88%)
BA   218.17 (+0.50%)
S&P 500   4,583.34 (+1.12%)
DOW   35,386.80 (+1.02%)
QQQ   370.41 (+1.07%)
AAPL   167.13 (+0.54%)
MSFT   308.78 (+1.80%)
FB   326.32 (+2.11%)
GOOGL   2,732.80 (+1.13%)
AMZN   3,146.30 (+0.65%)
TSLA   1,013.38 (+1.78%)
NVDA   252.26 (+0.63%)
BABA   135.22 (+5.86%)
NIO   29.89 (+4.40%)
AMD   125.94 (-1.82%)
CGC   7.97 (+4.32%)
MU   87.98 (-2.24%)
GE   100.28 (-0.34%)
T   27.04 (-0.88%)
F   21.73 (-3.21%)
DIS   151.26 (+0.77%)
AMC   18.29 (-0.16%)
PFE   53.29 (-0.47%)
ACB   5.00 (+2.88%)
BA   218.17 (+0.50%)
S&P 500   4,583.34 (+1.12%)
DOW   35,386.80 (+1.02%)
QQQ   370.41 (+1.07%)
AAPL   167.13 (+0.54%)
MSFT   308.78 (+1.80%)
FB   326.32 (+2.11%)
GOOGL   2,732.80 (+1.13%)
AMZN   3,146.30 (+0.65%)
TSLA   1,013.38 (+1.78%)
NVDA   252.26 (+0.63%)
BABA   135.22 (+5.86%)
NIO   29.89 (+4.40%)
AMD   125.94 (-1.82%)
CGC   7.97 (+4.32%)
MU   87.98 (-2.24%)
GE   100.28 (-0.34%)
T   27.04 (-0.88%)
F   21.73 (-3.21%)
DIS   151.26 (+0.77%)
AMC   18.29 (-0.16%)
PFE   53.29 (-0.47%)
ACB   5.00 (+2.88%)
BA   218.17 (+0.50%)
S&P 500   4,583.34 (+1.12%)
DOW   35,386.80 (+1.02%)
QQQ   370.41 (+1.07%)
AAPL   167.13 (+0.54%)
MSFT   308.78 (+1.80%)
FB   326.32 (+2.11%)
GOOGL   2,732.80 (+1.13%)
AMZN   3,146.30 (+0.65%)
TSLA   1,013.38 (+1.78%)
NVDA   252.26 (+0.63%)
BABA   135.22 (+5.86%)
NIO   29.89 (+4.40%)
AMD   125.94 (-1.82%)
CGC   7.97 (+4.32%)
MU   87.98 (-2.24%)
GE   100.28 (-0.34%)
T   27.04 (-0.88%)
F   21.73 (-3.21%)
DIS   151.26 (+0.77%)
AMC   18.29 (-0.16%)
PFE   53.29 (-0.47%)
ACB   5.00 (+2.88%)
BA   218.17 (+0.50%)
NYSE:MTG

MGIC Investment Stock Forecast, Price & News

$15.69
-0.03 (-0.19%)
(As of 01/20/2022 09:46 AM ET)
Add
Compare
Today's Range
$15.66
$15.97
50-Day Range
$13.33
$16.52
52-Week Range
$11.56
$16.84
Volume
19,185 shs
Average Volume
2.86 million shs
Market Capitalization
$5.11 billion
P/E Ratio
8.86
Dividend Yield
1.98%
Beta
1.71
30 days | 90 days | 365 days | Advanced Chart
Receive MTG News and Ratings via Email

Sign-up to receive the latest news and ratings for MGIC Investment and its competitors with MarketBeat's FREE daily newsletter.


MGIC Investment logo

About MGIC Investment

MGIC Investment Corp. is a private mortgage insurer that serves lenders throughout the United States, and Puerto Rico. It also provides lenders with underwriting and other services and products related to home mortgage lending through its subsidiaries, such as Mortgage Guaranty Insurance Corp. and MGIC Indemnity Corp. The company was founded by Max Karl in 1957 and is headquartered in Milwaukee, WI.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Surety insurance
Sub-Industry
Thrifts & Mortgage Finance
Sector
Finance
CUSIP
55284810
Employees
739
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.20 billion
Cash Flow
$1.48 per share
Book Value
$13.88 per share

Profitability

Net Income
$446.09 million
Pretax Margin
64.79%

Debt

Price-To-Earnings

Miscellaneous

Free Float
323,402,000
Market Cap
$5.11 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 11/23 Dividend
11/09/2021
Dividend Payable
11/23/2021
Today
1/20/2022
Next Earnings (Confirmed)
2/02/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

3.15 out of 5 stars

Finance Sector

35th out of 1,350 stocks

Surety Insurance Industry

2nd out of 8 stocks

Analyst Opinion: 2.3Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 3.1 5 -4 -3 -2 -1 -












MGIC Investment (NYSE:MTG) Frequently Asked Questions

Is MGIC Investment a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MGIC Investment in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MGIC Investment stock.
View analyst ratings for MGIC Investment
or view top-rated stocks.

How has MGIC Investment's stock been impacted by Coronavirus (COVID-19)?

MGIC Investment's stock was trading at $10.43 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MTG stock has increased by 50.4% and is now trading at $15.69.
View which stocks have been most impacted by COVID-19
.

Are investors shorting MGIC Investment?

MGIC Investment saw a drop in short interest in December. As of December 31st, there was short interest totaling 12,380,000 shares, a drop of 46.5% from the December 15th total of 23,120,000 shares. Based on an average trading volume of 3,010,000 shares, the days-to-cover ratio is presently 4.1 days. Approximately 3.8% of the shares of the stock are short sold.
View MGIC Investment's Short Interest
.

When is MGIC Investment's next earnings date?

MGIC Investment is scheduled to release its next quarterly earnings announcement on Wednesday, February 2nd 2022.
View our earnings forecast for MGIC Investment
.

How can I listen to MGIC Investment's earnings call?

MGIC Investment will be holding an earnings conference call on Thursday, February 3rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were MGIC Investment's earnings last quarter?

MGIC Investment Co. (NYSE:MTG) released its quarterly earnings data on Wednesday, November, 3rd. The insurance provider reported $0.46 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.46. The insurance provider had revenue of $294.74 million for the quarter. MGIC Investment had a trailing twelve-month return on equity of 12.61% and a net margin of 51.30%. During the same quarter in the previous year, the business posted $0.43 earnings per share.
View MGIC Investment's earnings history
.

How often does MGIC Investment pay dividends? What is the dividend yield for MGIC Investment?

MGIC Investment announced a quarterly dividend on Friday, October 29th. Investors of record on Thursday, November 11th will be paid a dividend of $0.08 per share on Tuesday, November 23rd. This represents a $0.32 annualized dividend and a yield of 2.04%. The ex-dividend date is Tuesday, November 9th.
View MGIC Investment's dividend history
.

Is MGIC Investment a good dividend stock?

MGIC Investment pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.98%. MGIC Investment does not yet have a strong track record of dividend growth. The dividend payout ratio of MGIC Investment is 18.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGIC Investment will have a dividend payout ratio of 15.46% next year. This indicates that MGIC Investment will be able to sustain or increase its dividend.
View MGIC Investment's dividend history.

What price target have analysts set for MTG?

6 brokerages have issued 1 year price objectives for MGIC Investment's shares. Their forecasts range from $16.00 to $23.00. On average, they anticipate MGIC Investment's stock price to reach $17.92 in the next year. This suggests a possible upside of 14.2% from the stock's current price.
View analysts' price targets for MGIC Investment
or view top-rated stocks among Wall Street analysts.

Who are MGIC Investment's key executives?

MGIC Investment's management team includes the following people:
  • Timothy J. Mattke, Chief Executive Officer & Director
  • Salvatore A. Miosi, President & Chief Operating Officer
  • Nathaniel H. Colson, Chief Financial Officer & Executive Vice President
  • Robert J. Candelmo, Chief Information Officer & Senior Vice President
  • Steven M. Thompson, Chief Risk Officer & Executive Vice President

What is Tim Mattke's approval rating as MGIC Investment's CEO?

1 employees have rated MGIC Investment CEO Tim Mattke on Glassdoor.com. Tim Mattke has an approval rating of 100% among MGIC Investment's employees. This puts Tim Mattke in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of MGIC Investment own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MGIC Investment investors own include Oclaro (OCLR), Amarin (AMRN), Ford Motor (F), Radian Group (RDN), AT&T (T), Bank of America (BAC), Energy Transfer (ET), General Electric (GE), Coty (COTY) and Freeport-McMoRan (FCX).

What is MGIC Investment's stock symbol?

MGIC Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTG."

Who are MGIC Investment's major shareholders?

MGIC Investment's stock is owned by a number of retail and institutional investors. Top institutional investors include Crossmark Global Holdings Inc. (0.03%), Louisiana State Employees Retirement System (0.03%), State of Alaska Department of Revenue (0.01%) and Cutler Group LP (0.00%). Company insiders that own MGIC Investment stock include Daniel A Arrigoni, James J Hughes, Jodee A Kozlak, Julie K Sperber and Michael E Lehman.
View institutional ownership trends for MGIC Investment
.

Which institutional investors are selling MGIC Investment stock?

MTG stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Louisiana State Employees Retirement System.
View insider buying and selling activity for MGIC Investment
or view top insider-selling stocks.

Which institutional investors are buying MGIC Investment stock?

MTG stock was purchased by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., and Cutler Group LP. Company insiders that have bought MGIC Investment stock in the last two years include Daniel A Arrigoni, Jodee A Kozlak, and Michael E Lehman.
View insider buying and selling activity for MGIC Investment
or or view top insider-buying stocks.

How do I buy shares of MGIC Investment?

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

What is MGIC Investment's stock price today?

One share of MTG stock can currently be purchased for approximately $15.69.

How much money does MGIC Investment make?

MGIC Investment has a market capitalization of $5.11 billion and generates $1.20 billion in revenue each year. The insurance provider earns $446.09 million in net income (profit) each year or $1.77 on an earnings per share basis.

How many employees does MGIC Investment have?

MGIC Investment employs 739 workers across the globe.

What is MGIC Investment's official website?

The official website for MGIC Investment is mtg.mgic.com.

Where are MGIC Investment's headquarters?

MGIC Investment is headquartered at 250 EAST KILBOURN AVENUE, MILWAUKEE WI, 53202.

How can I contact MGIC Investment?

MGIC Investment's mailing address is 250 EAST KILBOURN AVENUE, MILWAUKEE WI, 53202. The insurance provider can be reached via phone at (414) 347-6480, via email at [email protected], or via fax at 414-347-6696.


This page was last updated on 1/20/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.