Companies /Financial Services

MGIC Investment Corp

NYSE: MTG Insurance - Specialty
$27.43
▼ $0.44 (−1.58%) today
Markets closed · 10:44am ET

24/7 Wall St. View

MTG at a Glance

Valuation
Market cap
$5.6B
P/E ratio
8.6
Dividend yield
2.15%
Profitability
Revenue (TTM)
$1.2B
Profit margin
59.2%
EPS (TTM)
$3.20
Price
52-week range
$25 – $32
24/7 target
$33.12
Street target
$31.40
Earnings
Next report
Nov 4, 2026

Headquartered in Milwaukee, WI Fiscal year ends December NYSE: MTG mgic.com

About MGIC Investment

MGIC Investment Corporation, through its principal subsidiary Mortgage Guaranty Insurance Corporation (MGIC), provides private mortgage insurance solutions that support credit risk management for mortgage lenders and investors. The company enables borrowers to qualify for mortgages with lower down payments by insuring lenders against default losses. MGIC is the founder of today's private mortgage insurance industry and serves lenders across the United States. The company's insurance in force portfolio totals approximately $304.8 billion covering over 1.1 million loans. MGIC utilizes quota share and excess-of-loss reinsurance arrangements to manage risk and capital. The company's primary customers are mortgage lenders, and its business is closely tied to U.S. housing market conditions, mortgage origination volumes, and the requirements of Fannie Mae and Freddie Mac (the GSEs). Updated

MTG Coverage

Frequently Asked Questions

What does MGIC Investment do?

MGIC Investment Corporation, through its principal subsidiary Mortgage Guaranty Insurance Corporation (MGIC), provides private mortgage insurance solutions that support credit risk management for mortgage lenders and investors.

What is the MTG stock price target?

24/7 Wall St.'s 12-month price target for MTG is $33.12, rated Buy. The Wall Street consensus target is $31.40. MTG price prediction →