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MGIC Investment Corporation logo

MGIC Investment Corporation

MTG

NYSEFinancial ServicesInsurance - Specialty

Open in GoAI

Previous close

$30.90

+$0.19 · +0.62%

Aug 21, 4:00 PM ET

Pre-market

$30.90

$0.00 · 0.00%

Aug 24, 4:36 AM ET

MTG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

89

Deep Value

Momentum

48

Neutral

Sentiment

67

Bullish

Risk resilience

86

Low Risk

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Thesis, catalysts, evidence, and risk analysis.

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Company profile

Company website

MGIC Investment Corporation, through its various subsidiaries, provides private mortgage insurance alongside a range of other mortgage credit risk management solutions and ancillary services. These offerings are available to lenders and government-sponsored entities across the United States, Puerto Rico, and Guam. A core product is their primary mortgage insurance, designed to protect individual loans against default. This coverage extends to unpaid loan principal, accumulated interest, and various costs associated with default and subsequent foreclosure. The company also offers contract underwriting and reinsurance services. Its client base largely comprises originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, and other mortgage lenders. Established in 1957, MGIC Investment Corporation maintains its headquarters in Milwaukee, Wisconsin.

Industry
Insurance - Specialty
Sector
Financial Services
Headquarters
US
CEO
Timothy James Mattke
Listed since
Aug 7, 1991
Employees
542

Market position

Day range

Current $30.90

52-week range

Current $30.90

Open
$30.965
Previous close
$30.71
Volume
863.18K
0.46× average
Average volume
1.89M
Average daily volume
Market cap
6.34B USD
Beta
0.65
Market reference 1
50-day average
$28.9364
+6.79% above average
200-day average
$27.6359
+11.81% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
6.87B USD
P/E (TTM)
9.63×
P/B (TTM)
1.29×
P/S (TTM)
5.3×
EV / EBITDA
7.08×
Earnings yield
11.19%
Free cash flow yield
12.91%
Dividend yield
2.01%

Profitability & efficiency

Gross margin
92.41%
Operating margin
75.37%
Net margin
59.20%
Return on equity
14.34%
Return on assets
11.12%
Return on invested capital
11.12%

Financial health

Debt / equity
0.13×
Current ratio
0×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends127%101%74%47%Gross margin, FY2021: 93.49%Gross margin, FY2022: 120.65%Gross margin, FY2023: 100.87%Gross margin, FY2024: 100.49%Gross margin, FY2025: 94.90%Operating margin, FY2021: 67.62%Operating margin, FY2022: 92.94%Operating margin, FY2023: 78.11%Operating margin, FY2024: 80.21%Operating margin, FY2025: 76.51%Net margin, FY2021: 53.55%Net margin, FY2022: 73.79%Net margin, FY2023: 61.72%Net margin, FY2024: 63.18%Net margin, FY2025: 60.84%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 93.49%. Gross margin FY2022 120.65%. Gross margin FY2023 100.87%. Gross margin FY2024 100.49%. Gross margin FY2025 94.90%. Operating margin FY2021 67.62%. Operating margin FY2022 92.94%. Operating margin FY2023 78.11%. Operating margin FY2024 80.21%. Operating margin FY2025 76.51%. Net margin FY2021 53.55%. Net margin FY2022 73.79%. Net margin FY2023 61.72%. Net margin FY2024 63.18%. Net margin FY2025 60.84%.

Income trends

Revenue

1.21B USD+0.49%

Operating income

928.54M USD-4.15%

Net income

738.35M USD-3.23%
Income trends across reported periods1.27B USD1.04B USD808.59M USD577.11M USDRevenue, FY2021: 1.19B USDRevenue, FY2022: 1.17B USDRevenue, FY2023: 1.16B USDRevenue, FY2024: 1.21B USDRevenue, FY2025: 1.21B USDOperating income, FY2021: 801.78M USDOperating income, FY2022: 1.09B USDOperating income, FY2023: 902.23M USDOperating income, FY2024: 968.71M USDOperating income, FY2025: 928.54M USDNet income, FY2021: 634.98M USDNet income, FY2022: 865.35M USDNet income, FY2023: 712.95M USDNet income, FY2024: 762.99M USDNet income, FY2025: 738.35M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.19B USD. Revenue FY2022 1.17B USD. Revenue FY2023 1.16B USD. Revenue FY2024 1.21B USD. Revenue FY2025 1.21B USD. Operating income FY2021 801.78M USD. Operating income FY2022 1.09B USD. Operating income FY2023 902.23M USD. Operating income FY2024 968.71M USD. Operating income FY2025 928.54M USD. Net income FY2021 634.98M USD. Net income FY2022 865.35M USD. Net income FY2023 712.95M USD. Net income FY2024 762.99M USD. Net income FY2025 738.35M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.21B USD1.21B USD1.16B USD1.17B USD1.19B USD
Cost of goods sold61.91M USD−5.9M USD−10.04M USD−242.2M USD77.18M USD
Gross profit1.15B USD1.21B USD1.17B USD1.41B USD1.11B USD
Selling, general, and administrative47M USD————
Operating expenses223.24M USD244.93M USD262.91M USD324.95M USD306.72M USD
Interest expense34.5M USD35.6M USD36.91M USD48.05M USD71.36M USD
Depreciation and amortization6.95M USD18.44M USD35.23M USD54.25M USD66.01M USD
Operating income928.54M USD968.71M USD902.23M USD1.09B USD801.78M USD
Net income738.35M USD762.99M USD712.95M USD865.35M USD634.98M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
3.14
FY2025 · +8.65% year over year
Latest fiscal-year revenue
1.21B USD
FY2025 · +0.49% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend3.272.752.241.72FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend1.22B1.2B1.17B1.15BFY21FY22FY23FY24FY25

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

22 ratings
Strong buy00%
Buy1255%
Hold836%
Sell29%
Strong sell00%

MTG news

defenseworld.net

Bank of America Corp DE Has $37.15 Million Stake in MGIC Investment Corporation $MTG

Bank of America Corp DE increased its position in shares of MGIC Investment Corporation (NYSE: MTG) by 15.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned…

Read source
seekingalpha.com

Dividend Champion, Contender, And Challenger Highlights: Week August 16

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Read source
defenseworld.net

MGIC Investment Corporation $MTG Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. trimmed its holdings in shares of MGIC Investment Corporation (NYSE: MTG) by 47.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional…

Read source
marketbeat.com

MGIC Investment Q2 Earnings Call Highlights

MGIC Investment NYSE: MTG reported second-quarter 2026 net income of $182 million, or $0.86 per diluted share, as favorable reserve development and lower operating expenses supported results. The mortgage insurer…

Read source
seekingalpha.com

MGIC Investment Corporation (MTG) Q2 2026 Earnings Call Transcript

MGIC Investment Corporation (MTG) Q2 2026 Earnings Call Transcript

Read source
zacks.com

MGIC (MTG) Reports Q2 Earnings: What Key Metrics Have to Say

The headline numbers for MGIC (MTG) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.56

2025 complete year+100.0% since 2021

2026 partial: $0.47

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 5, 2026

$0.17

Quarterly

Record Aug 5, 2026 · Payment Aug 20, 2026

Dividend

Ex-dividend May 6, 2026

$0.15

Quarterly

Record May 6, 2026 · Payment May 21, 2026

Dividend

Ex-dividend Feb 17, 2026

$0.15

Quarterly

Record Feb 17, 2026 · Payment Mar 6, 2026

Dividend

Ex-dividend Nov 6, 2025

$0.15

Quarterly

Record Nov 6, 2025 · Payment Nov 20, 2025

Dividend

Ex-dividend Aug 7, 2025

$0.15

Quarterly

Record Aug 7, 2025 · Payment Aug 21, 2025

Dividend

Ex-dividend May 8, 2025

$0.13

Quarterly

Record May 8, 2025 · Payment May 21, 2025

MTG peers

Berkshire Hathaway Inc. logo

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BRK-A

Berkshire Hathaway Inc.

$743,500

—

JPMorgan Chase & Co. logo

JPM

JPMorgan Chase & Co.

$351.58

—

Visa Inc. logo

V

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$371.04

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Mastercard Incorporated logo

MA

Mastercard Incorporated

$580.63

—

Bank of America Corporation logo

BAC

Bank of America Corporation

$61.69

—

ETFs holding MTG

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Mid-Cap ETF logoiShares Core S&P Mid-Cap ETFIJH
Market value
227.58M
Weight
0.18%
AUM
125.92B USD
Expense ratio
0.05%
Price / 1D
$76.77+0.52%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
202.15M
Weight
0.01%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Avantis U.S. Small Cap Value ETF logoAvantis U.S. Small Cap Value ETFAVUV
Market value
165.02M
Weight
0.53%
AUM
31.27B USD
Expense ratio
0.25%
Price / 1D
$126.45+0.66%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
146.13M
Weight
0.08%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
First Trust SMID Cap Rising Dividend Achievers ETF logoFirst Trust SMID Cap Rising Dividend Achievers ETFSDVY
Market value
106.65M
Weight
0.92%
AUM
11.64B USD
Expense ratio
0.58%
Price / 1D
$43.87+0.46%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
92.76M
Weight
0.14%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
73.09M
Weight
0.08%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Dimensional - US Targeted Value ETF logoDimensional - US Targeted Value ETFDFAT
Market value
49.02M
Weight
0.33%
AUM
14.66B USD
Expense ratio
0.28%
Price / 1D
$71.67+0.67%

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