MGIC Investment Corporation (MTG)
Financials
A leading private mortgage insurer protecting lenders against borrower defaults on low-down-payment residential mortgages.
What MGIC Investment Corporation does
MGIC Investment Corporation is a private mortgage insurance (PMI) company that provides default protection on mortgages with less than 20% down payments. The company insures residential mortgage loans on behalf of lenders and servicers, protecting against borrower default. MGIC operates through its subsidiary Mortgage Guaranty Insurance Corporation (MGIC) and related entities, managing a large portfolio of insured loans and utilizing reinsurance structures to manage risk exposure.
Themes: ["Mortgage insurance / residential lending","Risk transfer / reinsurance","Credit default protection","Housing market cyclicality","Radian Group (RDN)","MGIC is one of the major PMI providers along with Radian, Arch Capital, and United Guaranty","Fannie Mae (GSE)","Freddie Mac (GSE)","Mortgage servicers","Residential mortgage lenders"]
Fundamentals
- Price$28.19 as of 2026-07-09 close
- Market cap$6.0B as of 2026-07-10
- 1-year return+6.1% as of 2026-07-09 close
- P/E8.31 as of 2026-07-10
- Net margin+59.6% as of 2026-07-10
- ROE+14.0% as of 2026-07-10
- Debt / equity0.13 as of 2026-07-10
- Revenue growth (YoY)-1.2% as of 2026-07-10
- Revenue CAGR (3y)+1.1% SEC XBRL
- Beta0.66 as of 2026-07-10
Dividend: yield +2.1%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
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Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.