MGIC INVESTMENT CORP (MTG) Stock Price, Quote, News and Overview
NYSE:MTG - New York Stock Exchange, Inc. - US5528481030 - Common Stock - Currency: USD
MTG Quote, Performance and Key Statistics
23.97
-0.45 (-1.84%)
The current stock price of MTG is 23.97 USD. In the past month the price decreased by -3.31%. In the past year, price increased by 24.26%.
MTG Competitors/Peers
Symbol | Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| RKT | ROCKET COS INC-CLASS A | 73.61 | 26.43B | ||
| UWMC | UWM HOLDINGS CORP | N/A | 10.31B | ||
| COOP | MR COOPER GROUP INC | 10.66 | 7.07B | ||
| ESNT | ESSENT GROUP LTD | 8.21 | 5.97B | ||
| PFSI | PENNYMAC FINANCIAL SERVICES | 13.36 | 5.20B | ||
| ACT | ENACT HOLDINGS INC | 7.22 | 5.06B | ||
| RDN | RADIAN GROUP INC | 7.83 | 4.79B | ||
| WD | WALKER & DUNLOP INC | 26.07 | 2.81B | ||
| NMIH | NMI HOLDINGS INC | 7.75 | 2.74B | ||
| AGM | FEDERAL AGRIC MTG CORP-CL C | 13.18 | 2.27B | ||
| MBIN | MERCHANTS BANCORP/IN | 6.57 | 1.90B | ||
| AGM.A | FEDERAL AGRIC MTG CORP-CL A | 9.39 | 1.62B |
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About MTG
Company Profile
MGIC Investment Corp. is a holding company, which engages in the provision of mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The company is headquartered in Milwaukee, Wisconsin and currently employs 627 full-time employees. The Company, through its wholly owned subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The firm's mortgage insurance product offers Primary Insurance and Pool and Other Insurance. Primary insurance provides mortgage default protection on individual loans and covers a percentage of the unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. Pool insurance is generally used as an additional credit enhancement for certain secondary market mortgage transactions. Pool insurance generally covers the amount of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage.
Company Info
MGIC INVESTMENT CORP
250 E Kilbourn Ave
Milwaukee WISCONSIN 53202 US
CEO: Timothy J. Mattke
Employees: 627
Company Website: https://www.mgic.com/
Investor Relations: https://mtg.mgic.com/
Phone: 14143476480
MGIC INVESTMENT CORP / MTG FAQ
What is the stock price of MGIC INVESTMENT CORP today?
The current stock price of MTG is 23.97 USD. The price decreased by -1.84% in the last trading session.
What is the ticker symbol for MGIC INVESTMENT CORP stock?
The exchange symbol of MGIC INVESTMENT CORP is MTG and it is listed on the New York Stock Exchange, Inc. exchange.
On which exchange is MTG stock listed?
MTG stock is listed on the New York Stock Exchange, Inc. exchange.
What is the price forecast or stock price prediction for MGIC INVESTMENT CORP stock?
14 analysts have analysed MTG and the average price target is 26.81 USD. This implies a price increase of 11.85% is expected in the next year compared to the current price of 23.97. Check the MGIC INVESTMENT CORP stock analysts ratings, price target forecast and up-and down grades for more detailed information.
What is MGIC INVESTMENT CORP worth?
MGIC INVESTMENT CORP (MTG) has a market capitalization of 5.96B USD. This makes MTG a Mid Cap stock.
How many employees does MGIC INVESTMENT CORP have?
MGIC INVESTMENT CORP (MTG) currently has 627 employees.
What are the support and resistance levels for MGIC INVESTMENT CORP (MTG) stock?
MGIC INVESTMENT CORP (MTG) has a support level at 23.59 and a resistance level at 24.4. Check the full technical report for a detailed analysis of MTG support and resistance levels.
Is MGIC INVESTMENT CORP (MTG) expected to grow?
The Revenue of MGIC INVESTMENT CORP (MTG) is expected to grow by 2.61% in the next year. Check the estimates tab for more information on the MTG EPS, Sales, EBIT and EBITDA future analyst estimates.
Should I buy MGIC INVESTMENT CORP (MTG) stock?
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
- The Technical Analysis (TA) tab contains a technical analysis of MTG, looking at technical quality and support and resistance levels
- The Fundamental Analysis (FA) tab contains a fundamental analysis of MTG, evaluating the profitability, health, valuation and growth aspects
- MGIC INVESTMENT CORP (MTG) Price Target Forecast and Analysts Ratings to understand what professional analysts say.
- MGIC INVESTMENT CORP (MTG) Sales and EPS estimates to see what analysts future expectations are.
- MGIC INVESTMENT CORP (MTG) Income, Balance Sheet and Cash Flow statements to dive into the historical financials.
- MGIC INVESTMENT CORP (MTG) Insider and Institutional Ownership to learn about the owners and their transactions.
- MGIC INVESTMENT CORP (MTG) Stock Chart to make your own analysis
- MGIC INVESTMENT CORP (MTG) Latest news and press-releases to stay up to date.
Does MGIC INVESTMENT CORP (MTG) stock pay dividends?
MGIC INVESTMENT CORP (MTG) has a dividend yield of 2.12%. The yearly dividend amount is currently 0.43. Check the full fundamental report for a detailed analysis of MTG dividend history, reliability and sustainability.
When does MGIC INVESTMENT CORP (MTG) report earnings?
MGIC INVESTMENT CORP (MTG) will report earnings on 2025-04-29, after the market close.
What is the Price/Earnings (PE) ratio of MGIC INVESTMENT CORP (MTG)?
The PE ratio for MGIC INVESTMENT CORP (MTG) is 8.24. This is based on the reported non-GAAP earnings per share of 2.91 and the current share price of 23.97 USD. Check the full fundamental report for a full analysis of the valuation metrics for MTG.
What is the Short Interest ratio of MGIC INVESTMENT CORP (MTG) stock?
The outstanding short interest for MGIC INVESTMENT CORP (MTG) is 4.01% of its float. Check the ownership tab for more information on the MTG short interest.
MTG Technical Analysis
ChartMill assigns a technical rating of 3 / 10 to MTG. When comparing the yearly performance of all stocks, MTG is one of the better performing stocks in the market, outperforming 74.49% of all stocks.
MTG Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to MTG. MTG has only an average score on both its financial health and profitability.
MTG Financial Highlights
Over the last trailing twelve months MTG reported a non-GAAP Earnings per Share(EPS) of 2.91. The EPS increased by 15.02% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 64.09% | ||
| ROA | 11.42% | ||
| ROE | 14.41% | ||
| Debt/Equity | 0.12 |
MTG Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 51% to MTG. The Buy consensus is the average rating of analysts ratings from 14 analysts.
For the next year, analysts expect an EPS growth of -1.91% and a revenue growth 2.61% for MTG