MGIC INVESTMENT CORP (MTG) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:MTG - US5528481030 - Common Stock
MTG Key Statistics, Chart & Performance
The current stock price of MTG is 29.15 USD. In the past month the price increased by 3.33%. In the past year, price increased by 23.2%.
MTG Latest News, Press Relases and Analysis
MTG Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| RKT | ROCKET COS INC-CLASS A | 95.79 | 51.25B | ||
| UWMC | UWM HOLDINGS CORP | 105.4 | 8.43B | ||
| PFSI | PENNYMAC FINANCIAL SERVICES | 14.06 | 6.78B | ||
| ACT | ENACT HOLDINGS INC | 9.03 | 5.81B | ||
| RDN | RADIAN GROUP INC | 8.62 | 4.90B | ||
| NMIH | NMI HOLDINGS INC | 8.4 | 3.08B | ||
| WD | WALKER & DUNLOP INC | 18.49 | 2.12B | ||
| AGM | FEDERAL AGRIC MTG CORP-CL C | 10.51 | 1.95B | ||
| MBIN | MERCHANTS BANCORP/IN | 8.23 | 1.69B | ||
| AGM.A | FEDERAL AGRIC MTG CORP-CL A | 8.41 | 1.56B | ||
| MBINM | MERCHANTS BANCORP - MBIN 8 1/4 PERP | 5.59 | 1.14B | ||
| MBINL | MERCHANTS BANCORP - MBIN 7 5/8 PERP | 5.15 | 1.05B |
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About MTG
Company Profile
MGIC Investment Corp. is a holding company, which engages in the provision of mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The company is headquartered in Milwaukee, Wisconsin and currently employs 555 full-time employees. The firm provides private mortgage insurance, other mortgage credit risk management solutions and ancillary services. Its mortgage insurance includes primary insurance, and CRT and pool insurance. Primary insurance provides mortgage default protection on individual loans and covers a percentage of the unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. In connection with the GSEs' credit risk transfer programs, it provides insurance and reinsurance covering portions of the credit risk related to certain reference pools of mortgages acquired by the GSEs. Its non-insurance subsidiary provides contract underwriting services for lenders, pursuant to which loans are underwritten to conform to prescribed guidelines.
Company Info
MGIC INVESTMENT CORP
250 E Kilbourn Ave
Milwaukee WISCONSIN 53202 US
CEO: Timothy J. Mattke
Employees: 555
Phone: 14143476480
MGIC INVESTMENT CORP / MTG FAQ
What does MTG do?
MGIC Investment Corp. is a holding company, which engages in the provision of mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The company is headquartered in Milwaukee, Wisconsin and currently employs 555 full-time employees. The firm provides private mortgage insurance, other mortgage credit risk management solutions and ancillary services. Its mortgage insurance includes primary insurance, and CRT and pool insurance. Primary insurance provides mortgage default protection on individual loans and covers a percentage of the unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. In connection with the GSEs' credit risk transfer programs, it provides insurance and reinsurance covering portions of the credit risk related to certain reference pools of mortgages acquired by the GSEs. Its non-insurance subsidiary provides contract underwriting services for lenders, pursuant to which loans are underwritten to conform to prescribed guidelines.
What is the current price of MTG stock?
The current stock price of MTG is 29.15 USD. The price increased by 0.48% in the last trading session.
What is the dividend status of MGIC INVESTMENT CORP?
MGIC INVESTMENT CORP (MTG) has a dividend yield of 2.06%. The yearly dividend amount is currently 0.5.
How is the ChartMill rating for MGIC INVESTMENT CORP?
MTG has a ChartMill Technical rating of 9 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
What do analysts say about MGIC INVESTMENT CORP (MTG) stock?
13 analysts have analysed MTG and the average price target is 28.22 USD. This implies a price decrease of -3.19% is expected in the next year compared to the current price of 29.15.
Can you provide the market cap for MGIC INVESTMENT CORP?
MGIC INVESTMENT CORP (MTG) has a market capitalization of 6.52B USD. This makes MTG a Mid Cap stock.
What is the ownership structure of MGIC INVESTMENT CORP (MTG)?
You can find the ownership structure of MGIC INVESTMENT CORP (MTG) on the Ownership tab.
MTG Technical Analysis
ChartMill assigns a technical rating of 9 / 10 to MTG. When comparing the yearly performance of all stocks, MTG is one of the better performing stocks in the market, outperforming 76.18% of all stocks.
MTG Fundamental Analysis
ChartMill assigns a fundamental rating of 6 / 10 to MTG. MTG scores excellent on profitability, but there are some minor concerns on its financial health.
MTG Financial Highlights
Over the last trailing twelve months MTG reported a non-GAAP Earnings per Share(EPS) of 3.12. The EPS increased by 9.09% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 61.96% | ||
| ROA | 11.38% | ||
| ROE | 14.57% | ||
| Debt/Equity | 0.12 |
MTG Forecast & Estimates
13 analysts have analysed MTG and the average price target is 28.22 USD. This implies a price decrease of -3.19% is expected in the next year compared to the current price of 29.15.
For the next year, analysts expect an EPS growth of 9.36% and a revenue growth 0.98% for MTG