MGIC Investment Corporation (MTG) is a Financials stock trading at $31.10 (as of 2026-08-24), with a market capitalization of $6.38B and a trailing P/E of 9.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage 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. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
MGIC Investment Corporation provides private mortgage insurance and related mortgage credit risk management services to lenders and government sponsored entities, earning money mainly through insurance coverage and underwriting-related services for mortgage defaults (covering unpaid principal, delinquent interest, and certain default and foreclosure expenses).
MGIC’s profit model is driven by the size and performance of its insured mortgage portfolio, premiums collected on covered loans, and what happens later when delinquencies turn into defaults (loss outcomes reflected through loss ratio and loss reserve development).
Business quality (Solid): MGIC’s operating focus is on insured loan volume and credit performance over time, with results that can be influenced by delinquency trends and the subsequent development of loss reserves.
Valuation: At 9× earnings, MTG trades 30% below the Insurance average (13×). Note: one-time items can distort reported P/E.
| Price | $31.10 |
| Market Cap | $6.38B |
| P/E Ratio | 9.0 |
| EV / EBITDA | 6.9 |
| Price / Book | 1.27 |
| Price / Sales | 5.34 |
| FCF Yield | 11.1% |
| DCF Value (model) | $53.66 |
| DCF Upside vs Price | 72.5% |
| Revenue (TTM) | $1.21B |
| Net Margin | 60.8% |
| Revenue Growth (YoY) | -2.9% |
| EPS Growth (YoY) | 7.4% |
| FCF Growth (YoY) | 0.8% |
| Stock P/E | 9.0 |
| Sector P/E (Financials) | 15.2 |
| Industry P/E (Insurance) | 13.1 |
| vs Sector | -40.8% |
| vs Industry | -31.0% |
| Top Institutional Holder | VANGUARD GROUP INC ($870.03M) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 2 |
| Sector | Financials |
| Industry | Insurance |
| CEO | Timothy James Mattke |
| Employees | 555 |
| Country | US |
| IPO Date | 1991-08-07 |
Data as of 2026-08-24.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.