MGIC Investment Corp/$MTG
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About MGIC Investment Corp
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.
Ticker
$MTG
Sector
Primary listing
NYSE
Industry
Financial Services
Headquarters
Employees
555
ISIN
US5528481030
Website
MTG Metrics
BasicAdvanced
$6.6B
9.21
$3.00
0.91
$0.52
1.88%
Price and volume
Market cap
$6.6B
Beta
0.91
52-week high
$28.28
52-week low
$21.20
Average daily volume
1.9M
Dividend rate
$0.52
Financial strength
Current ratio
2.362
Quick ratio
1.848
Long term debt to equity
12.55
Total debt to equity
12.55
Dividend payout ratio (TTM)
16.93%
Interest coverage (TTM)
28.63%
Profitability
EBITDA (TTM)
1,033.757
Gross margin (TTM)
86.79%
Net profit margin (TTM)
63.49%
Operating margin (TTM)
83.56%
Effective tax rate (TTM)
21.27%
Revenue per employee (TTM)
$2,200,000
Management effectiveness
Return on assets (TTM)
9.75%
Return on equity (TTM)
15.12%
Valuation
Price to earnings (TTM)
9.211
Price to revenue (TTM)
5.789
Price to book
1.29
Price to tangible book (TTM)
1.29
Price to free cash flow (TTM)
9.328
Free cash flow yield (TTM)
10.72%
Free cash flow per share (TTM)
296.64%
Dividend yield (TTM)
1.88%
Forward dividend yield
1.88%
Growth
Revenue change (TTM)
4.64%
Earnings per share change (TTM)
15.33%
3-year revenue growth (CAGR)
1.04%
10-year revenue growth (CAGR)
1.97%
3-year earnings per share growth (CAGR)
15.34%
10-year earnings per share growth (CAGR)
13.85%
3-year dividend per share growth (CAGR)
18.96%
What the Analysts think about MTG
Analyst ratings (Buy, Hold, Sell) for MGIC Investment Corp stock.
Bulls say / Bears say
MGIC Investment Corp reported a net income of $185 million in Q4 2024, contributing to a full-year total of $763 million, up from $730 million the previous year, indicating strong financial performance. (tipranks.com)
The company wrote $16 billion in new insurance in Q4 2024 and $56 billion for the entire year, representing a 21% increase compared to the previous year, showcasing significant growth in its insurance operations. (tipranks.com)
MGIC returned $700 million to shareholders through dividends and share repurchases in 2024, translating to a 92% payout ratio of the year's net income, reflecting a strong commitment to shareholder returns. (tipranks.com)
MGIC experienced an increase in account-based delinquency rate to 2.4% in Q4 2024, a rise of 16 basis points, partly due to hurricane-related delinquency notices, indicating potential challenges in loan performance. (tipranks.com)
The company's debt-to-income ratios have increased, illustrating affordability challenges in the housing market as a result of rising interest rates, which could impact future mortgage insurance demand. (tipranks.com)
Analyst ratings are mixed, with one analyst rating the stock as 'sell,' five as 'hold,' and two as 'buy,' suggesting uncertainty about the company's future performance. (defenseworld.net)
Data summarised monthly by Lightyear AI. Last updated on 8 Jun 2025.
MTG Financial Performance
Revenues and expenses
MTG Earnings Performance
Company profitability
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for MGIC Investment Corp stock?
MGIC Investment Corp (MTG) has a market cap of $6.6B as of June 30, 2025.
What is the P/E ratio for MGIC Investment Corp stock?
The price to earnings (P/E) ratio for MGIC Investment Corp (MTG) stock is 9.21 as of June 30, 2025.
Does MGIC Investment Corp stock pay dividends?
Yes, the MGIC Investment Corp (MTG) stock pays dividends to shareholders. As of June 30, 2025, the dividend rate is $0.52 and the yield is 1.88%. MGIC Investment Corp has a payout ratio of 16.93% on a trailing twelve-month basis.
When is the next MGIC Investment Corp dividend payment date?
The next MGIC Investment Corp (MTG) dividend payment date is unconfirmed.
What is the beta indicator for MGIC Investment Corp?
MGIC Investment Corp (MTG) has a beta rating of 0.91. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.