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MGIC Investment Corp

MGIC Investment Corp

MTG · NYSE · Financial Services / Insurance - Specialty

27.77USD+0.01 (+0.04%)

Price History

Full chart

Market Stats

Previous Close27.76
Open27.84
Day Range27.54 – 28.00
52-Week Range24.55 – 31.71
Volume3.04M
Market Cap5.92B
P/E (TTM)9.02
Forward P/E8.38
EPS3.20
Dividend Yield2.41%
Beta0.67
50-Day Avg29.08
200-Day Avg27.73

About

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.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Specialty
  • CEOMr. Timothy James Mattke CPA
  • Employees542
  • Headquarters250 East Kilbourn Avenue, Milwaukee, WI, United States, 53202, USA
  • Websitehttps://www.mgic.com

Leadership

  • Mr. Timothy James Mattke CPACEO & Director · b. 1976
  • Mr. Salvatore Antonino MiosiPresident & COO · b. 1968
  • Mr. Nathaniel Howe Colson CPAExecutive VP, CFO & Chief Risk Officer · b. 1984
  • Ms. Paula Christine Maggio J.D.Executive VP, General Counsel & Secretary · b. 1969
  • Ms. Julie Kay SperberVP, Controller & Chief Accounting Officer · b. 1974
  • Mr. Antony D'CruzSenior VP & Chief Information Officer
  • Ms. Dianna L. HigginsSenior Vice President of Investor Relations
  • Mr. Danny Garcia-VelezSenior Vice President of Sales & Business Development
  • Ms. Annette M. AdamsSenior VP & Chief Human Resources Officer of MGIC
  • Mr. Michael Edward JacobsonSenior Vice President of Business Intelligence & Product Strategy

Financials

Income Statement

Currency: USD1991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue258.00M321.70M403.50M502.20M617.90M745.60M868.30M971.67M996.75M1.09B1.31B1.48B1.69B1.61B1.53B1.47B1.69B1.72B1.71B1.52B1.50B1.38B1.04B942.63M1.04B1.06B1.07B1.12B1.21B1.20B1.19B1.17B1.16B1.21B1.21B
Growth (%)-+24.69%+25.43%+24.46%+23.04%+20.67%+16.46%+11.90%+2.58%+9.20%+20.76%+12.94%+13.53%-4.31%-5.34%-3.76%+15.25%+1.67%-0.76%-11.00%-1.07%-8.37%-24.59%-9.31%+10.47%+2.04%+0.34%+5.42%+8.02%-1.22%-1.12%-1.09%-1.51%+4.56%+0.49%
Cost of Revenue102.20M119.30M---380.83M399.56M401.38M295.34M292.78M395.31M631.38M1.07B979.78M828.95M904.49M3.89B3.83B3.41B1.56B1.68B2.01B824.05M478.99M328.58M249.80M64.82M48.49M130.58M377.15M77.18M-242.20M226.00M-5.90M61.91M
Gross Profit155.80M202.40M403.50M502.20M617.90M364.77M468.74M570.28M701.41M795.70M919.15M853.18M616.91M632.91M697.58M564.68M-2.19B-2.11B-1.70B-42.73M-173.16M-635.30M215.39M463.65M712.70M812.68M1.00B1.08B1.08B821.99M1.11B1.41B1.16B1.21B1.15B
Gross Margin60.39%62.92%100.00%100.00%100.00%48.92%53.98%58.69%70.37%73.10%69.93%57.47%36.60%39.25%45.70%38.44%-129.50%-122.46%-99.34%-2.81%-11.51%-46.09%20.72%49.19%68.44%76.49%93.92%95.69%89.24%68.55%93.49%120.65%100.00%100.49%94.90%
Operating Expense40.20M33.90M3.90M3.90M3.80M-377.03M-393.16M15.70M20.40M28.76M30.62M36.78M41.11M41.13M41.09M39.35M41.99M-1.16B67.73M316.67M311.14M293.34M261.54M208.93M225.02M297.97M216.74M231.20M235.42M262.73M306.72M324.95M252.87M244.93M223.24M
Operating Income115.60M168.50M399.60M498.30M614.10M741.80M861.90M554.59M681.01M766.94M888.53M816.40M575.80M591.78M656.49M525.33M-2.23B-947.64M-1.77B-359.40M-484.30M-928.64M-46.15M254.72M487.69M514.71M784.50M844.15M847.98M559.26M801.78M1.09B902.23M968.71M928.54M
Operating Margin44.81%52.38%99.03%99.22%99.39%99.49%99.26%57.08%68.32%70.46%67.60%54.99%34.16%36.69%43.01%35.76%-131.98%-55.05%-103.31%-23.64%-32.19%-67.37%-4.44%27.02%46.83%48.44%73.59%75.11%69.85%46.64%67.62%92.94%78.11%80.21%76.51%
EBITDA5.40M31.00M5.90M6.50M42.10M39.50M36.00M580.95M713.16M802.56M949.67M891.33M667.59M680.56M736.90M586.99M-2.17B-832.88M-1.62B-199.93M-296.20M-729.16M102.71M373.23M609.18M632.73M905.96M955.36M949.42M676.67M939.15M1.19B902.23M1.02B971.09M
EBITDA Margin2.09%9.64%1.46%1.29%6.81%5.30%4.15%59.79%71.55%73.73%72.25%60.04%39.61%42.20%48.27%39.95%-128.01%-48.38%-94.55%-13.15%-19.69%-52.90%9.88%39.59%58.50%59.55%84.98%85.01%78.21%56.43%79.21%101.67%78.11%84.68%80.01%
Net Income75.00M102.30M127.30M159.50M207.60M258.00M323.80M385.46M470.20M542.00M639.14M629.19M493.88M553.19M626.87M564.74M-1.67B-525.36M-1.32B-363.74M-485.89M-927.08M-49.85M251.95M1.17B342.52M355.76M670.10M673.76M446.09M634.98M865.35M712.95M762.99M738.35M
Net Income Margin29.07%31.80%31.55%31.76%33.60%34.60%37.29%39.67%47.17%49.79%48.62%42.38%29.30%34.30%41.07%38.44%-98.63%-30.52%-77.39%-23.92%-32.30%-67.26%-4.80%26.73%112.55%32.24%33.37%59.63%55.50%37.20%53.55%73.79%61.72%63.18%60.84%
R&D-------------------000000000-------
R&D as % of Total Revenue-------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense3.90M3.90M3.90M3.90M3.80M3.80M6.40M18.62M20.40M28.76M30.62M36.78M41.11M41.13M41.09M39.35M41.99M81.07M89.27M98.59M103.27M99.34M79.66M69.65M68.93M56.67M57.03M52.99M52.66M59.59M71.36M48.05M36.91M35.60M34.50M
Interest Expense % of Total Revenue1.51%1.21%0.97%0.78%0.61%0.51%0.74%1.92%2.05%2.64%2.33%2.48%2.44%2.55%2.69%2.68%2.48%4.71%5.22%6.48%6.87%7.21%7.66%7.39%6.62%5.33%5.35%4.72%4.34%4.97%6.02%4.10%3.19%2.95%2.84%

Balance Sheet

Currency: USD1991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets894.50M1.02B1.34B1.48B1.87B2.22B2.62B3.05B3.10B3.86B4.57B5.30B5.92B6.38B6.36B6.62B7.72B9.15B9.40B9.33B7.22B5.57B5.60B5.27B5.88B5.73B5.62B5.68B6.23B7.35B7.33B6.21B6.54B6.55B6.64B
Total Liabilities402.10M430.90M631.10M638.20M753.30M856.20M1.13B1.41B1.33B1.39B1.55B1.91B2.12B2.24B2.19B2.33B5.12B6.71B8.10B7.66B6.02B5.38B4.86B4.23B3.64B3.19B2.46B2.10B1.92B2.66B1.15B1.57B1.47B1.37B1.49B
Total Equity492.40M592.20M712.10M838.10M1.12B1.37B1.49B1.64B1.78B2.46B3.02B3.40B3.80B4.14B4.17B4.30B2.59B2.43B1.30B1.67B1.20B196.94M744.54M1.04B2.24B2.55B3.15B3.58B4.31B4.70B6.18B4.64B5.07B5.17B5.15B
Cash-----3.86M4.89M4.65M2.32M5.60M26.39M11.04M23.61M2.83M4.62M293.74M288.93M1.10B1.19B1.30B995.80M1.03B350.13M215.09M181.12M155.41M99.85M151.89M161.85M287.95M284.69M327.38M363.67M229.49M368.99M
Total Debt37.00M36.70M36.50M36.10M35.80M35.42M237.50M442.00M425.00M397.36M472.10M677.25M599.68M639.30M685.16M781.28M798.25M970.91M668.88M1.04B859.94M824.52M1.32B1.30B2.05B1.95B1.25B831.59M832.74M1.24B2.15B662.81M643.20M644.67M646.14M
Net Debt37.00M36.70M36.50M36.10M35.80M31.56M232.61M437.35M422.68M391.77M445.71M666.21M576.07M636.47M680.55M487.54M509.32M-126.42M-516.86M-267.20M-135.86M-203.11M967.16M1.08B1.04B1.02B730.58M679.69M670.89M955.24M862.02M335.43M279.53M415.18M277.15M

Cash Flow

Currency: USD1991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow122.40M119.70M212.70M239.50M286.50M367.76M363.96M420.95M455.01M551.04M626.12M613.33M686.64M559.16M508.35M497.68M631.97M1.36B329.95M-875.43M-1.88B-1.57B-971.53M-409.98M152.04M219.66M406.66M544.52M609.53M732.31M696.32M650.01M712.96M725.03M852.80M
Investing Cash Flow-182.60M-113.30M-169.10M-155.10M-359.90M-314.46M-344.00M-307.92M-297.36M-478.10M-601.75M-522.07M-459.59M-396.81M56.64M-41.84M-513.77M-1.29B52.80M-111.90M1.75B1.65B-854.13M296.94M-96.96M-93.39M-303.64M-317.78M-422.11M-772.51M-160.75M410.49M-179.19M-142.00M228.37M
Financing Cash Flow51.00M-4.40M-8.00M-7.50M-3.60M409.00K-44.31M-55.79M-224.45M-25.82M4.79M-164.34M-178.97M-157.23M-536.21M-357.36M-123.01M728.76M-294.35M1.11B-178.72M-53.11M1.13B-21.77M-71.84M-151.98M-158.57M-171.55M-173.41M167.82M-527.29M-1.03B-496.04M-719.04M-940.28M
Capital Expenditure0000000000000000000000820.00K4.71M4.63M10.55M16.07M14.24M5.64M3.31M4.12M3.25M2.00M1.17M1.02M
Free Cash Flow122.40M119.70M212.70M239.50M286.50M367.76M363.96M420.95M455.01M551.04M626.12M613.33M686.64M559.16M508.35M497.68M631.97M1.36B329.95M-875.43M-1.88B-1.57B-972.35M-414.69M147.41M209.11M390.59M530.28M603.90M729.00M692.20M646.76M710.96M723.86M851.77M
Dividends Paid2.00M8.10M8.50M9.30M9.40M9.43M11.03M11.24M10.82M10.62M10.69M10.36M11.12M22.03M48.44M85.50M63.82M8.16M-00000041.91M41.91M41.91M41.91M82.06M94.22M110.95M122.97M130.50M132.49M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.08%101.15%96.95%95.20%96.05%97.39%99.08%99.55%99.41%99.50%99.72%99.84%99.88%
Dividend Paid to FCF1.63%6.77%4.00%3.88%3.28%2.56%3.03%2.67%2.38%1.93%1.71%1.69%1.62%3.94%9.53%17.18%10.10%0.60%-0.00%0.00%0.00%0.00%0.00%0.00%20.04%10.73%7.90%6.94%11.26%13.61%17.15%17.30%18.03%15.55%

Earnings

Report DateOct 11, 1995Jan 10, 1996Apr 11, 1996Jul 11, 1996Oct 10, 1996Jan 9, 1997Apr 10, 1997Jul 14, 1997Oct 13, 1997Jan 8, 1998Apr 9, 1998Jul 13, 1998Oct 12, 1998Jan 7, 1999Apr 13, 1999Jul 13, 1999Oct 12, 1999Jan 13, 2000Apr 11, 2000Jul 12, 2000Oct 10, 2000Jan 10, 2001Apr 11, 2001Jul 12, 2001Oct 10, 2001Jan 10, 2002Apr 9, 2002Jul 10, 2002Oct 10, 2002Jan 9, 2003Apr 15, 2003Jul 14, 2003Oct 15, 2003Jan 12, 2004Apr 14, 2004Jul 14, 2004Oct 14, 2004Jan 13, 2005Apr 14, 2005Jul 14, 2005Oct 12, 2005Jan 12, 2006Apr 13, 2006Jul 18, 2006Oct 12, 2006Jan 11, 2007Apr 11, 2007Jul 18, 2007Oct 17, 2007Feb 13, 2008Apr 17, 2008Jul 17, 2008Oct 16, 2008Jan 20, 2009Apr 29, 2009Jul 16, 2009Oct 16, 2009Jan 26, 2010Apr 20, 2010Jul 20, 2010Oct 19, 2010Jan 19, 2011Apr 20, 2011Jul 18, 2011Oct 21, 2011Jan 24, 2012Apr 23, 2012Aug 2, 2012Nov 9, 2012Feb 28, 2013Apr 30, 2013Jul 23, 2013Oct 16, 2013Jan 23, 2014Apr 22, 2014Jul 16, 2014Oct 15, 2014Jan 20, 2015Apr 21, 2015Jul 16, 2015Oct 15, 2015Jan 21, 2016Apr 19, 2016Jul 19, 2016Oct 18, 2016Jan 19, 2017Apr 20, 2017Jul 20, 2017Oct 18, 2017Jan 18, 2018Apr 18, 2018Jul 18, 2018Oct 17, 2018Jan 17, 2019Apr 23, 2019Jul 23, 2019Oct 22, 2019Feb 4, 2020May 7, 2020Aug 4, 2020Nov 4, 2020Feb 23, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 2, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 1, 2023May 3, 2023Aug 2, 2023Oct 31, 2023Jan 31, 2024May 1, 2024Jul 31, 2024Nov 4, 2024Feb 3, 2025Apr 30, 2025Jul 30, 2025Oct 29, 2025Feb 2, 2026Apr 29, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate0.440.480.490.520.550.580.590.640.690.730.730.790.840.870.880.931.041.121.161.211.291.371.381.411.461.431.471.551.421.321.361.381.150.941.191.261.331.341.441.521.521.521.621.731.551.531.711.410.61-6.77-1.69-0.61-1.42-1.05-1.30-1.11-1.74-3.18-2.23-0.56-0.53-0.46-0.24-0.13-0.86-0.90-0.37-0.52-0.79-1.77-0.17-0.16-0.11-0.020.110.140.110.150.220.230.240.260.220.200.200.220.250.250.260.280.350.360.370.390.390.420.430.430.410.160.300.400.420.420.450.440.490.440.530.540.500.530.580.580.610.630.670.660.690.720.740.750.740.740.80
EPS Actual0.450.500.490.530.560.600.610.670.720.750.750.810.840.880.901.011.111.251.191.271.361.371.461.491.431.451.531.581.411.321.381.321.021.031.251.521.361.381.891.761.551.461.871.751.551.491.151.01-2.16-18.09-0.41-0.74-1.06-2.06-1.49-2.83-4.44-2.42-1.42-0.04-0.38-0.98-0.20-0.86-0.88-1.19-0.48-1.49-1.25-1.01-0.320.030.04-0.010.150.110.170.170.230.260.270.260.180.250.250.280.310.310.320.430.380.490.480.420.420.460.480.490.420.030.430.440.420.440.460.610.600.810.860.640.540.680.640.670.650.770.770.720.750.820.830.750.760.87-
Surprise2.27%4.17%0.00%1.92%1.82%3.45%3.39%4.69%4.35%2.74%2.74%2.53%0.00%1.15%2.27%8.60%6.73%11.61%2.59%4.96%5.43%0.00%5.80%5.67%-2.05%1.40%4.08%1.94%-0.70%0.00%1.47%-4.35%-11.30%9.57%5.04%20.63%2.26%2.99%31.25%15.79%1.97%-3.95%15.43%1.16%0.00%-2.61%-32.75%-28.37%-454.10%-167.21%75.74%-21.31%25.35%-96.19%-14.62%-154.96%-155.17%23.90%36.32%92.86%28.30%-113.04%16.67%-561.54%-2.33%-32.22%-29.73%-186.54%-58.23%42.94%-88.24%118.75%136.36%50.00%36.36%-21.43%54.55%13.33%4.55%13.04%12.50%0.00%-18.18%25.00%25.00%27.27%24.00%24.00%23.08%53.57%8.57%36.11%29.73%7.69%7.69%9.52%11.63%13.95%2.44%-81.25%43.33%10.00%0.00%4.76%2.22%38.64%22.45%84.09%62.26%18.52%8.00%28.30%10.34%15.52%6.56%22.22%14.93%9.09%8.70%13.89%12.16%0.00%2.70%17.57%-
Timing-------Pre-marketPre-marketPre-marketPre-marketPre-market------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-market-Pre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap5.92B
Enterprise Value6.24B
Trailing P/E9.02
Forward P/E8.38
PEG Ratio0.40
Price / Sales4.95
Price / Book1.16
EPS3.20
Book Value24.27
Revenue (TTM)1.20B
Gross Profit (TTM)1.11B
EBITDA923.72M
Profit Margin59.20%
Operating Margin80.85%
Return on Equity13.92%
Return on Assets8.80%
Shares Outstanding205.12M
Shares Float191.09M
Beta0.67
Dividend Yield2.41%
Dividend Rate0.68
Payout Ratio26.05%

Analyst Ratings

Hold
Based on 6 analystsTarget 30.83
  • Strong Buy
    1
  • Hold
    4
  • Sell
    1

Ownership Breakdown

Institutions
101.71%
Insiders
1.76%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    21.93M10.69%
  • Vanguard Portfolio Management, LLC
    17.43M8.50%
  • Dimensional Fund Advisors, Inc.
    13.80M6.73%
  • AQR Capital Management LLC
    11.27M5.49%
  • JPMorgan Chase & Co
    11.08M5.40%
  • LSV Asset Management
    9.75M4.75%
  • Vanguard Capital Management, LLC
    9.55M4.65%
  • State Street Corp
    7.59M3.70%
  • American Century Companies Inc
    7.20M3.51%
  • Allianz Asset Management AG
    4.95M2.41%
  • First Trust Advisors L.P.
    4.54M2.21%
  • Geode Capital Management, LLC
    4.39M2.14%
  • Northern Trust Corp
    4.14M2.02%
  • Caisse De Depot Et Placement Du Quebec
    3.48M1.70%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    7.31M3.56%
  • Vanguard MStar Total Stk Mkt Idx Invest
    6.47M3.16%
  • Avantis US Small Cap Value ETF
    5.26M2.56%
  • Vanguard Equity-Income Inv
    4.77M2.32%
  • Vanguard Small Cap Index
    4.61M2.25%
  • First Trust SMID Cp Rising Div Achv ETF
    3.49M1.70%

Dividends

20261×
0.17Nov 12, 2026