MTG logo MGIC Investment : MTG

MTG

Stock Data

$30.64

Change up

$0.29 (0.96%)

Asset Type

Common Stock

Exchange

NYSE

Currency

USD

Country

USA

Sector

FINANCIAL SERVICES

Industry

INSURANCE - SPECIALTY

MGIC Investment Corp specializes in providing private mortgage insurance and a range of mortgage credit risk management solutions. Founded in 1957 and based in Milwaukee, Wisconsin, it supports lenders by offering protection against defaults on individual loans. This includes covering unpaid loan principal and related expenses. MGIC also offers pool insurance for mortgage transactions in the secondary market, along with underwriting services and reinsurance. Its clients range from mortgage brokers to commercial banks and other lending institutions across the United States, including Puerto Rico and Guam.

Latest Activity

MTGMGIC Investment
Q2 2026
EPS
$0.87
est $0.76+14.2%
Revenue
$295M
est $298M-0.7%

Mortgage insurance profits soared 14% above expectations on a massive share count reduction, even as revenue dipped and delinquencies crept higher. MGIC is banking on buybacks and a 13% dividend raise to stoke shareholder returns while deploying $168 million in new reinsurance coverage on 2027 policies.

Quarterly EPS — reported vs estimate

All MGIC Investment Articles

81 Articles

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