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MGIC Investment

(NYSE) MTG

Current Price$29.46
Market Cap$6.23BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1991)+428%
5 Year+144%
1 Year+19%
1 Month+12%
MGIC Investment last closing stock price
MetricPriceDate
Last closeUSD 29.472026-07-17
MGIC Investment stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+4.73%USD 28.142026-07-10
1 month+12.27%USD 26.252026-06-17
3 month+5.97%USD 27.812026-04-17
Year to date+2.01%USD 28.892025-12-31
1 year+19.06%USD 24.752025-07-17
3 year+92.53%USD 15.312023-07-18
5 year+143.64%USD 12.102021-07-16
Since inception+428.34%USD 5.531991-08-07

MGIC Investment Financials at a Glance

Market Cap

$6.23BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$1.20B

Net Income (TTM)

$718.19M

EPS (TTM)

$3.15

P/E Ratio

9.37

Dividend

$0.60

Beta (Volatility)

0.79 (Low)

Price

$29.46

Volume

2,031,326

Open

$29.31

Previous Close

$29.47

Daily Range

$29.17 - $29.70

52-Week Range

$24.69 - $29.97

Estimated Earnings Date

Jul 29, 2026

MTG News

Private Mortgage Insurance

What Would a Recession Mean for MGIC's Earnings?

Brent Nyitray, CFAJan 17, 2023
GettyImages-1133518206

MGIC Has a Record Quarter as Mortgage Originations Swell

Brent Nyitray, CFAFeb 13, 2020
Russia GettyImages-518198022

Why Yandex, Menlo Therapeutics, and MGIC Investment Slumped Today

Dan CaplingerApr 9, 2018
mortgage insurer cuts prices

Why MGIC Investment Corp, Radian Group, Essent Group, and NMI Holdings Stock Plunged on Monday

Jordan WathenApr 9, 2018
VIA channels

Why Viacom, MGIC Investment, and Rambus Slumped Today

Dan CaplingerApr 19, 2016
MTG

Why Alkermes, Scholastic, and MGIC Investment Slumped Today

Dan CaplingerJan 21, 2016
Longview3

Why MGIC Investment Corp. Stock Dropped Today

Jordan WathenJan 21, 2016
Longview3

Why Shares of Radian Group Dropped 11% Today

Jordan WathenOct 27, 2015
Page 1

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About MGIC Investment

MGIC helps people buy homes with small down payments. It protects lenders if a borrower cannot pay back a loan. This service makes home ownership easier for many families.

What MGIC Does Every Day

  • Primary Mortgage Insurance: Default protection on individual loans covering principal, interest, and foreclosure expenses for lenders and government agencies.
  • Contract Underwriting: Professional loan review services provided to mortgage originators to ensure quality and compliance.
  • Reinsurance: Credit risk transfer programs that share mortgage debt risks with external investors and government sponsored entities.

Strategic Moves and Capital Plans

  • Executed a 40% quota share reinsurance agreement with unaffiliated reinsurers covering new insurance written for 2027.
  • Approved a share repurchase program in April 2026 to buy back $750 million in common stock through December 2028.
  • Transferred a $400 million dividend from the subsidiary Mortgage Guaranty Insurance Corporation to the holding company in April 2026.
  • Completed the Home Re 2026-1, Ltd. transaction in January 2026 to transfer mortgage credit risk to the capital markets.

A Stable Role in Housing

The company maintains assets well above the minimum levels required by government agencies to insure residential mortgages. This regulatory compliance allows the firm to serve the majority of the US mortgage market through partnerships with commercial banks and credit unions.

Recent Performance by the Numbers

  • Total revenue reached $297.1 million in Q1 2026, down 3% from $306.2 million in Q1 2025.
  • Net income hit $165.3 million in Q1 2026, down 10.9% from $185.5 million in Q1 2025.
  • Operating cash flow was $76.9 million in Q1 2026, a decrease of 65.6% from $223.7 million in Q1 2025.
  • Total shareholders equity was $5.04 billion as of March 31, 2026, compared to $5.15 billion at the end of 2025.

The Big Picture

MGIC has evolved from a traditional insurer into a specialized manager of credit risk for the American housing market. Its focus on capital flexibility and strict regulatory compliance supports its long-term role in the mortgage industry.

AI Generated • May 20, 2026

Industry

Diversified Financial Services

Sector

Financials

Employees

542

CEO

Timothy J. Mattke, CPA

Website

mtg.mgic.com

Headquarters

Milwaukee, WI 53202, US

MTG Financials

Key Financial Metrics (TTM)

Gross Margin

93.58%

Operating Margin

75.42%

Net Income Margin

59.63%

Return on Equity

14.00%

Return on Capital

16.03%

Return on Assets

11.19%

Earnings Yield

10.67%

Dividend Yield

2.04%

Payout Ratio

18.62%

Stock Overview

Market Cap

$6.23BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

211.49M

Volume

2.03M

Avg. Volume

2.00M

Financials (TTM)

Gross Profit

$1.13B

Operating Income

$908.36M

EBITDA

$939.32M

Operating Cash Flow

$706.05M

Capital Expenditure

-$1.08M

Free Cash Flow

$704.96M

Cash & ST Invst.

$5.94B

Total Debt

$646.51M

MGIC Investment Performance Analysis

MGIC Investment annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 1,172,785,000-1.1%
20232023-12-31USD 1,155,102,000-1.5%
20242024-12-31USD 1,207,731,0004.6%
20252025-12-31USD 1,213,636,0000.5%
MGIC Investment sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-0.6%
Q32025-09-300.1%
Q42025-12-31-1.9%
Q12026-03-31-0.5%
MGIC Investment annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 2.7951.0%
20232023-12-31USD 2.49-10.9%
20242024-12-31USD 2.8916.2%
20252025-12-31USD 3.148.7%
MGIC Investment sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-308.0%
Q32025-09-302.5%
Q42025-12-31-9.6%
Q12026-03-311.3%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$297.08M

-3.0%

Gross Profit

$262.61M

-11.0%

Gross Margin

88.40%

N/A

Market Cap

$6.23BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$11.50M

N/A

Employees

542

N/A

Net Income

$165.30M

-10.9%

EBITDA

$214.50M

-12.9%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$5.94B

-2.5%

Total Debt

$646.51M

+0.2%

Accounts Receivable

$202.48M

+20.0%

Inventory

$0.00

N/A

Long Term Debt

$646.51M

+0.2%

Short Term Debt

$0.00

N/A

Return on Assets

11.19%

N/A

Return on Invested Capital

15.59%

N/A

Free Cash Flow

$76.72M

-65.7%

Operating Cash Flow

$76.90M

-65.6%

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Questions About MTG

What is the current price of MGIC Investment?

MGIC Investment is trading at $29.47 per share.

What is the 52-week range for MGIC Investment?

Over the past 52 weeks, MGIC Investment has traded between $24.69 and $29.97.

How much debt does MGIC Investment have?

As of the most recent reporting period, MGIC Investment reported total debt of $646.51M.

How much cash does MGIC Investment have on hand?

MGIC Investment reported $249.50M in cash and cash equivalents in its most recent financial results.

What is MGIC Investment’s dividend yield?

MGIC Investment currently has a dividend yield of 2.04%.

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