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MTG

MGIC Investment Corporation

MTG

NYSE·Financial Services·Insurance - Specialty·Mkt cap $5.9B

$27.94

-0.69%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$24.69 - $29.97

P/E

8.87

Fwd P/E

9.16

Beta

0.68

Div Yield

2.13%

Avg Vol

1.9M

Shares Out

211.5M

Mkt Cap

$5.9B

Price action

Price chart

Up 0.8% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • 67+ years of industry experience and established lender relationships
  • Diversified mortgage credit risk solutions beyond traditional PMI
  • Strong capital position enabling growth during housing cycles
  • Essential role in mortgage lending ecosystem with recurring premium revenues

Bear Case

1 risk

  • Low volatility (beta 0.7).

Growth

Stable outlook

Increased mortgage origination volumes from housing demand

Value

Attractively priced below sector peer average

Momentum

Strong

+6.1% over 3m

Quality

Excellent

Excellent business quality

Dividend

Solid

2.13% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Jul 29, 2026

Q2 26 RECAP

APR 29, 2026

Reported EPS of $0.76 vs $0.73 consensus (+4.1% surprise). Revenue of $297.1M vs $303.1M expected (-2.0%).

EPS beat +4.1%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+4.1%

Next: Jul 29, 2026

Revenue trend · last 8Q

-0%

-1%

-1%

-3%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$296.4M

$297.7M

$292.5M

$297.3M

$295.3M

$295.6M

$290.9M

$288.2M

Margins · last 8Q

Gross

91.1%

Operating

74.4%

Profit

57.4%

Wall Street consensus

3 analysts · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

3

100%

Sell

0%

Median Price Target

$28.00

+0.2% vs $27.94

Low $28.00
Median $28.00
High $28.00

Latest: RBC Capital · $28.00 · May 22, 2026

1 analyst covering

vs Industry

How MTG stacks vs Insurance - Specialty

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.

Related

Peers & themes

Peers

No peer data available.

Themes

No themes assigned.