Symbols / MTG Stock $25.78 -1.09% MGIC Investment Corporation

Financial Services • Insurance - Specialty • United States • NYQ
MTG (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Insurance - Specialty
CEO Mr. Timothy James Mattke CPA
Exch · Country NYQ · United States
Market Cap 5.45B
Enterprise Value 5.92B
Income 718.19M
Sales 1.20B
FCF (ttm) 473.08M
Book/sh 23.46
Cash/sh 1.11
Employees 542
Insider 10d —
IPO Aug 07, 1991
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 18.41%
P/E 8.18
Forward P/E 7.78
PEG 0.40
P/S 4.53
P/B 1.10
P/C —
EV/EBITDA 6.29
EV/Sales 4.92
Quick Ratio 3.25
Current Ratio 4.85
Debt/Eq 12.83
LT Debt/Eq —
EPS (ttm) 3.15
EPS next Y 3.31
EPS Growth 1.30%
Revenue Growth -3.00%
EPS Gr Q/Q -10.90%
Rev Gr Q/Q —
Earnings (next) 2026-07-29
Earnings (prior) 2026-04-29
ROA 9.04%
ROE 14.11%
ROIC —
Gross Margin 93.30%
Oper. Margin 72.62%
Profit Margin 59.63%
Shs Outstand 211.49M
Shs Float 196.51M
Insider Own 1.95%
Instit Own 105.32%
Short Float 5.64%
Short Ratio 4.78
Short Interest 8.46M
52W High 29.97
vs 52W High -14.00%
52W Low 24.78
vs 52W Low 4.02%
Beta 0.70
Impl. Vol. 64.84%
Rel Volume 0.59
Avg Volume 2.07M
Volume 1.22M
Target (mean) $28.80
Tgt Median $29.00
Tgt Low $28.00
Tgt High $30.00
# Analysts 5
Recom Hold
Prev Close $26.06
Price $25.77
Change -1.09%
About

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. It also provides contract underwriting services, as well as reinsurance services. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$28.80
Mean price target
2. Current target
$25.78
Latest analyst target
3. DCF / Fair value
$40.26
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$25.78
Low
$28.00
High
$30.00
Mean
$28.80

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-01 main Barclays Equal-Weight → Equal-Weight $28
2026-04-10 main Keefe, Bruyette & Woods Market Perform → Market Perform $29
2026-04-06 main Barclays Equal-Weight → Equal-Weight $29
2026-03-12 main UBS Neutral → Neutral $28
2026-02-04 main Barclays Equal-Weight → Equal-Weight $28
2026-01-06 main Barclays Equal-Weight → Equal-Weight $30
2025-12-18 main Keefe, Bruyette & Woods Market Perform → Market Perform $28
2025-10-06 main Barclays Equal-Weight → Equal-Weight $28
2025-07-08 main Barclays Equal-Weight → Equal-Weight $27
2025-07-07 main Keefe, Bruyette & Woods Market Perform → Market Perform $27
2025-05-23 main Compass Point Neutral → Neutral $28
2025-04-08 main Keefe, Bruyette & Woods Market Perform → Market Perform $26
2025-02-19 main UBS Neutral → Neutral $26
2025-02-05 main Barclays Equal-Weight → Equal-Weight $26
2025-02-05 down Compass Point Buy → Neutral $27
2025-01-08 main Keefe, Bruyette & Woods Market Perform → Market Perform $28
2024-12-10 down Keefe, Bruyette & Woods Outperform → Market Perform $29
2024-12-09 down B of A Securities Buy → Underperform $25
2024-11-06 main RBC Capital Sector Perform → Sector Perform $27
2024-10-08 main Barclays Equal-Weight → Equal-Weight $24
News
RSS: Latest MTG news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-02 MATTKE TIMOTHY J. Chief Executive Officer — 139,202 $26.49 $3,687,879
2026-04-01 MIOSI SALVATORE A President — 10,931 $26.25 $286,982
2026-03-06 CULVER CURT S Director — 28 $0.00 $0
2026-03-06 CHAPLIN CHUCK EDWARD Director — 146 $0.00 $0
2026-03-06 SCULLEY SHERYL L. Director — 131 $0.00 $0
2026-03-06 LOWMAN TERESITA M Director — 190 $0.00 $0
2026-03-06 O'LEARY-GILL DANIELA Director — 28 $0.00 $0
2026-03-06 THOMPSON MICHAEL LEAL Director — 28 $0.00 $0
2026-03-06 KOZLAK JODEE A. Director — 77 $0.00 $0
2026-03-06 ZANDI MARK M Director — 28 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,213.64
+0.49%
1,207.73
+4.56%
1,155.10
-1.51%
1,172.79
Operating Revenue
1,213.64
+0.49%
1,207.73
+4.56%
1,155.10
-1.51%
1,172.79
Total Expenses
285.10
+19.28%
239.02
-5.48%
252.87
+205.58%
82.75
Reconciled Depreciation
6.95
-62.31%
18.44
-47.67%
35.23
-35.06%
54.25
EBIT
964.14
-4.00%
1,004.31
+6.94%
939.13
-17.48%
1,138.09
Total Unusual Items
—
0.00
0.00
+100.00%
-40.20
Total Unusual Items Excluding Goodwill
—
0.00
0.00
+100.00%
-40.20
Special Income Charges
—
0.00
0.00
+100.00%
-40.20
Other Special Charges
—
—
—
40.20
Net Income
738.35
-3.23%
762.99
+7.02%
712.95
-17.61%
865.35
Pretax Income
928.54
-4.15%
968.71
+7.37%
902.23
-17.23%
1,090.03
Net Non Operating Interest Income Expense
-35.60
0.00%
-35.60
+3.53%
-36.91
+23.20%
-48.05
Interest Expense Non Operating
35.60
+0.00%
35.60
-3.53%
36.91
-23.20%
48.05
Net Interest Income
-35.60
0.00%
-35.60
+3.53%
-36.91
+23.20%
-48.05
Interest Expense
35.60
+0.00%
35.60
-3.53%
36.91
-23.20%
48.05
Other Income Expense
1.23
-42.16%
2.13
+9.12%
1.95
-65.38%
5.64
Tax Provision
190.19
-7.55%
205.72
+8.68%
189.28
-15.76%
224.69
Tax Rate For Calcs
0.00
-3.30%
0.00
+1.05%
0.00
+1.78%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
+100.00%
-8.29
Net Income Including Noncontrolling Interests
738.35
-3.23%
762.99
+7.02%
712.95
-17.61%
865.35
Net Income From Continuing Operation Net Minority Interest
738.35
-3.23%
762.99
+7.02%
712.95
-17.61%
865.35
Net Income From Continuing And Discontinued Operation
738.35
-3.23%
762.99
+7.02%
712.95
-17.61%
865.35
Net Income Continuous Operations
738.35
-3.23%
762.99
+7.02%
712.95
-17.61%
865.35
Normalized Income
738.35
-3.23%
762.99
+7.02%
712.95
-20.54%
897.26
Net Income Common Stockholders
738.35
-3.23%
762.99
+7.02%
712.95
-17.61%
865.35
Diluted EPS
3.14
+8.65%
2.89
+16.06%
2.49
-10.75%
2.79
Basic EPS
3.17
+8.69%
2.92
+15.98%
2.51
-11.15%
2.83
Basic Average Shares
232.97
-10.97%
261.68
-7.73%
283.61
-7.27%
305.85
Diluted Average Shares
235.10
-10.95%
264.00
-8.07%
287.15
-7.74%
311.23
Diluted NI Availto Com Stockholders
738.35
-3.23%
762.99
+6.87%
713.98
-17.80%
868.58
Average Dilution Earnings
0.00
0.00
-100.00%
1.03
-68.22%
3.23
Loss Adjustment Expense
48.90
+429.07%
-14.86
+28.74%
-20.86
+91.81%
-254.56
Net Policyholder Benefits And Claims
48.90
+429.07%
-14.86
+28.74%
-20.86
+91.81%
-254.56
Policyholder Benefits Ceded
28.40
+37.83%
20.61
+31.90%
15.62
+178.76%
-19.84
Policyholder Benefits Gross
77.31
+1245.37%
5.75
+209.80%
-5.23
+98.09%
-274.40
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
6,547.23
+0.14%
6,538.38
+5.22%
6,213.79
—
Cash Cash Equivalents And Short Term Investments
6,081.17
-0.09%
6,086.78
+6.10%
5,737.08
—
Cash And Cash Equivalents
229.49
-36.90%
363.67
+11.08%
327.38
—
Other Short Term Investments
5,851.69
+2.25%
5,723.11
+5.79%
5,409.70
—
Receivables
109.01
+7.19%
101.70
-2.52%
104.32
—
Accounts Receivable
109.01
+7.19%
101.70
-2.52%
104.32
—
Net PPE
35.68
-7.94%
38.76
-6.43%
41.42
—
Investments And Advances
5,866.45
+2.24%
5,737.88
+5.79%
5,423.84
—
Total Liabilities Net Minority Interest
1,374.86
-6.24%
1,466.36
-6.66%
1,571.05
—
Payables And Accrued Expenses
12.54
—
—
—
Payables
12.54
—
—
—
Total Tax Payable
12.54
—
—
—
Income Tax Payable
12.54
—
—
—
Long Term Debt And Capital Lease Obligation
644.67
+0.23%
643.20
-2.96%
662.81
—
Long Term Debt
644.67
+0.23%
643.20
-2.96%
662.81
—
Stockholders Equity
5,172.38
+1.98%
5,072.02
+9.25%
4,642.74
—
Common Stock Equity
5,172.38
+1.98%
5,072.02
+9.25%
4,642.74
—
Capital Stock
248.45
-33.10%
371.35
+0.00%
371.35
—
Common Stock
248.45
-33.10%
371.35
+0.00%
371.35
—
Share Issued
248.45
-33.10%
371.35
+0.00%
371.35
—
Ordinary Shares Number
248.45
-8.82%
272.49
-7.14%
293.43
—
Treasury Shares Number
0.00
-100.00%
98.86
+26.87%
77.92
+52.73%
51.02
Additional Paid In Capital
1,808.24
+0.01%
1,808.11
+0.52%
1,798.84
—
Retained Earnings
3,403.85
-25.89%
4,593.12
+14.70%
4,004.29
—
Gains Losses Not Affecting Retained Earnings
-288.16
+8.89%
-316.28
+34.31%
-481.51
—
Treasury Stock
0.00
-100.00%
1,384.29
+31.81%
1,050.24
—
Other Equity Adjustments
-288.16
+8.89%
-316.28
+34.31%
-481.51
—
Total Equity Gross Minority Interest
5,172.38
+1.98%
5,072.02
+9.25%
4,642.74
—
Total Capitalization
5,817.04
+1.78%
5,715.21
+7.72%
5,305.55
—
Invested Capital
5,817.04
+1.78%
5,715.21
+7.72%
5,305.55
—
Total Debt
644.67
+0.23%
643.20
-2.96%
662.81
—
Net Debt
415.18
+48.53%
279.53
-16.66%
335.43
—
Net Tangible Assets
5,172.38
+1.98%
5,072.02
+9.25%
4,642.74
—
Tangible Book Value
5,172.38
+1.98%
5,072.02
+9.25%
4,642.74
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
852.80
+17.62%
725.03
+1.69%
712.96
+9.68%
650.01
Cash Flow From Continuing Operating Activities
852.80
+17.62%
725.03
+1.69%
712.96
+9.68%
650.01
Net Income From Continuing Operations
738.35
-3.23%
762.99
+7.02%
712.95
-17.61%
865.35
Depreciation And Amortization
6.95
-62.31%
18.44
-47.67%
35.23
-35.06%
54.25
Other Non Cash Items
—
—
—
40.20
Stock Based Compensation
24.43
-22.00%
31.32
-0.90%
31.61
+27.60%
24.77
Deferred Tax
19.22
+690.34%
2.43
+128.36%
1.06
+124.39%
-4.37
Deferred Income Tax
19.22
+690.34%
2.43
+128.36%
1.06
+124.39%
-4.37
Operating Gains Losses
-0.33
-103.39%
9.85
-30.37%
14.14
+45.50%
9.72
Gain Loss On Investment Securities
-0.33
-103.39%
9.85
-30.37%
14.14
+45.50%
9.72
Unrealized Gain Loss On Investment Securities
—
0.13
+124.53%
-0.53
-126.33%
2.01
Change In Working Capital
64.18
+164.18%
-100.00
-21.91%
-82.03
+75.71%
-337.65
Change In Receivables
-18.61
-154.35%
-7.32
-378.85%
2.62
-95.26%
55.40
Changes In Account Receivables
-18.61
-154.35%
-7.32
-378.85%
2.62
-95.26%
55.40
Change In Payables And Accrued Expense
—
-8.60
-95.45%
-4.40
+62.71%
-11.80
Change In Accrued Expense
—
-8.60
-95.45%
-4.40
+62.71%
-11.80
Change In Other Working Capital
91.53
+795.86%
-13.15
-386.58%
4.59
+153.05%
-8.65
Investing Cash Flow
228.37
+260.82%
-142.00
+20.75%
-179.19
-143.65%
410.49
Cash Flow From Continuing Investing Activities
228.37
+260.82%
-142.00
+20.75%
-179.19
-143.65%
410.49
Net PPE Purchase And Sale
-1.02
+12.69%
-1.17
-448.37%
0.34
+110.36%
-3.25
Purchase Of PPE
-1.02
+12.69%
-1.17
+41.27%
-2.00
+38.57%
-3.25
Sale Of PPE
0.00
0.00
-100.00%
2.34
0.00
Capital Expenditure
-1.02
+12.69%
-1.17
+41.27%
-2.00
+38.57%
-3.25
Net Investment Purchase And Sale
229.40
+262.89%
-140.83
+21.55%
-179.53
-143.39%
413.74
Purchase Of Investment
-1,621.32
-4.22%
-1,555.62
-5.86%
-1,469.54
-117.90%
-674.41
Sale Of Investment
1,850.72
+30.81%
1,414.79
+9.67%
1,290.01
+18.55%
1,088.14
Financing Cash Flow
-940.28
-30.77%
-719.04
-44.96%
-496.04
+51.96%
-1,032.54
Cash Flow From Continuing Financing Activities
-940.28
-30.77%
-719.04
-44.96%
-496.04
+51.96%
-1,032.54
Net Issuance Payments Of Debt
0.00
0.00
+100.00%
-28.64
+94.11%
-486.41
Issuance Of Debt
—
—
—
0.00
Repayment Of Debt
0.00
0.00
+100.00%
-28.64
+94.11%
-486.41
Long Term Debt Issuance
—
—
—
0.00
Long Term Debt Payments
0.00
0.00
+100.00%
-28.64
+94.11%
-486.41
Net Long Term Debt Issuance
—
—
-28.64
+94.11%
-486.41
Net Common Stock Issuance
-788.64
-38.49%
-569.48
-68.89%
-337.18
+12.55%
-385.57
Common Stock Payments
-788.64
-38.49%
-569.48
-68.89%
-337.18
+12.55%
-385.57
Common Stock Dividend Paid
-132.49
-1.53%
-130.50
-6.13%
-122.97
-10.83%
-110.95
Cash Dividends Paid
-132.49
-1.53%
-130.50
-6.13%
-122.97
-10.83%
-110.95
Repurchase Of Capital Stock
-788.64
-38.49%
-569.48
-68.89%
-337.18
+12.55%
-385.57
Net Other Financing Charges
-19.15
-0.44%
-19.07
-162.73%
-7.26
+85.37%
-49.61
Changes In Cash
140.89
+203.58%
-136.02
-460.49%
37.73
+34.97%
27.95
Beginning Cash Position
234.63
-36.70%
370.64
+11.33%
332.91
+9.17%
304.96
End Cash Position
375.51
+60.05%
234.63
-36.70%
370.64
+11.33%
332.91
Free Cash Flow
851.77
+17.67%
723.86
+1.81%
710.96
+9.93%
646.76
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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