MGIC INVESTMENT CORP (MTG) Stock Price, Forecast & Analysis
NYSE:MTG • US5528481030
MTG Key Statistics, Chart & Performance
The current stock price of MTG is 26.21 USD. In the past month the price decreased by -2.49%. In the past year, price increased by 9.35%.
MTG Technical Analysis
MTG Fundamental Analysis
ChartMill assigns a fundamental rating of 6 / 10 to MTG. While MTG belongs to the best of the industry regarding profitability, 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 3.15. The EPS increased by 8.25% 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
12 analysts have analysed MTG and the average price target is 29.33 USD. This implies a price increase of 11.88% is expected in the next year compared to the current price of 26.21.
For the next year, analysts expect an EPS growth of 1.77% and a revenue growth 3.16% for MTG
MTG Ownership
MTG Latest News, Press Relases and Analysis
MTG Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| RKT | ROCKET COS INC-CLASS A | 22 | 51.672B | ||
| UWMC | UWM HOLDINGS CORP | 9.81 | 7.68B | ||
| ACT | ENACT HOLDINGS INC | 8.83 | 6.004B | ||
| PFSI | PENNYMAC FINANCIAL SERVICES | 7.34 | 4.911B | ||
| RDN | RADIAN GROUP INC | 7.28 | 4.44B | ||
| NMIH | NMI HOLDINGS INC | 7.5 | 2.982B | ||
| WD | WALKER & DUNLOP INC | 13.54 | 2.208B | ||
| MBIN | MERCHANTS BANCORP/IN | 8.64 | 2.067B | ||
| AGM | FEDERAL AGRIC MTG CORP-CL C | 7.69 | 1.897B |
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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. 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
Can you describe the business of MGIC INVESTMENT CORP?
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. 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.
Can you provide the latest stock price for MGIC INVESTMENT CORP?
The current stock price of MTG is 26.21 USD. The price increased by 0.58% in the last trading session.
What is the dividend status of MGIC INVESTMENT CORP?
MGIC INVESTMENT CORP (MTG) has a dividend yield of 2.3%. The yearly dividend amount is currently 0.5.
What is the ChartMill rating of MGIC INVESTMENT CORP stock?
MTG has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
Where is MGIC INVESTMENT CORP (MTG) stock traded?
MTG stock is listed on the New York Stock Exchange exchange.
What is the expected growth for MTG stock?
The Revenue of MGIC INVESTMENT CORP (MTG) is expected to grow by 3.16% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
What is MGIC INVESTMENT CORP worth?
MGIC INVESTMENT CORP (MTG) has a market capitalization of 5.75B USD. This makes MTG a Mid Cap stock.