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.
Frequently asked questions
What sector does MGIC Investment Corporation (MTG) operate in?
MGIC Investment Corporation belongs to the Financials sector and operates in the Insurance - Specialty industry.
What is MGIC Investment Corporation (MTG) current stock price?
As of the latest data, MGIC Investment Corporation stock price is $30.87, with a previous close of $30.66. MGIC Investment Corporation gained $0.21 in the last trading session, representing a 0.68% increase.
What is MGIC Investment Corporation (MTG) current market capitalization?
MGIC Investment Corporation market cap is approximately 6.33 billion.
What is MGIC Investment Corporation (MTG) Earnings Per Share (EPS)?
The trailing EPS is $3.20, and the forward EPS is $3.43.
What is MGIC Investment Corporation (MTG) Price-to-Earnings (P/E) ratio?
MGIC Investment Corporation current P/E ratio is 9.65, with a forward P/E of 9.01.
What is MGIC Investment Corporation (MTG) EBITDA?
MGIC Investment Corporation EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 240.61 million.
Does MGIC Investment Corporation (MTG) pay dividends?
Yes. MGIC Investment Corporation pays quarterly dividends with an annualized yield of 2.2% and an estimated annual payout of $0.68 per share.
When is the next ex-dividend date for MGIC Investment Corporation (MTG)?
The next ex-dividend date is scheduled for November 05, 2026.
How did MGIC Investment Corporation (MTG) perform in its most recent earnings report?
In the last report (June 30, 2026), MGIC Investment Corporation posted an EPS surprise of 17.57% and a revenue surprise of -0.72%.
What is MGIC Investment Corporation (MTG) beta (volatility) score?
MGIC Investment Corporation has a beta of 0.646, indicating lower volatility than the overall market.
