MTG
MGIC Investment Corporation
Price Chart
Latest Quote
$29.47
| Previous Close | $29.24 |
| Open | $29.31 |
| Day High | $29.70 |
| Day Low | $29.17 |
| Volume | 1,551,976 |
Stock Information
| Quarterly Dividend / Yield | $0.60 / 2.14% |
| Shares Outstanding | 211.49M |
| Quarterly Dividend Yield | 2.14% |
| Quarterly Dividend | $0.60 |
| Total Debt | $646.51M |
| Cash Equivalents | $235.09M |
| Revenue | $1.20B |
| Net Income | $718.19M |
| Sector | Financial Services |
| Industry | Insurance - Specialty |
| Market Cap | $6.18B |
| P/E Ratio | 9.28 |
| EPS (TTM) | $3.15 |
| Exchange | NYQ |
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-07-17 | $29.47 | 1,551,976 |
| 2026-07-16 | $29.24 | 2,345,100 |
| 2026-07-15 | $28.09 | 2,613,000 |
| 2026-07-14 | $28.55 | 1,991,400 |
| 2026-07-13 | $28.42 | 1,481,200 |
| 2026-07-10 | $28.14 | 1,381,900 |
| 2026-07-09 | $28.19 | 1,950,800 |
| 2026-07-08 | $28.13 | 1,662,200 |
| 2026-07-07 | $28.19 | 2,198,500 |
| 2026-07-06 | $28.21 | 1,686,800 |
| 2026-07-02 | $28.23 | 1,704,300 |
| 2026-07-01 | $28.13 | 1,981,800 |
| 2026-06-30 | $28.20 | 1,829,000 |
| 2026-06-29 | $28.23 | 1,790,500 |
| 2026-06-26 | $27.84 | 3,663,900 |
| 2026-06-25 | $27.36 | 1,735,300 |
| 2026-06-24 | $27.05 | 1,526,600 |
| 2026-06-23 | $26.49 | 1,490,800 |
| 2026-06-22 | $26.30 | 1,380,200 |
| 2026-06-18 | $26.06 | 4,565,800 |
About MGIC Investment Corporation
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary 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 on the mortgage or sale of the underlying property. It also provides contract underwriting services, as well as reinsurance services. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
đ° Latest News
RDN Stock Trading at a Discount to Industry at 1.04X: Time to Buy?
Zacks âĸ 2026-07-16T17:23:00ZMGIC Investment (MTG) Stock May Be Undervalued Despite Mortgage Insurance Growth
Simply Wall St. âĸ 2026-07-12T19:07:58ZMGIC Investment (MTG) Buybacks Support The Narrative, Is It Still Undervalued?
Simply Wall St. âĸ 2026-07-12T09:08:15Z3 Unpopular Stocks with Warning Signs
StockStory âĸ 2026-07-08T07:54:44ZIs ESNT Stock a Buy at 1.04 Times Book With Mixed Near-Term Risks?
Zacks âĸ 2026-07-07T15:52:00ZEssent Group Stock Outlook Hinges on Capital, Credit and Rates
Zacks âĸ 2026-07-07T15:36:00ZRadian's Mortgage Insurance Fuels Recurring Revenues & Profitability
Zacks âĸ 2026-07-01T15:57:00ZMGIC Investment's Mortgage Insurance Drives Growth and Profitability
Zacks âĸ 2026-07-01T15:53:00ZNMI Holdings' Mortgage Insurance Drives Growth and Profitability
Zacks âĸ 2026-06-30T13:51:00Z1 Small-Cap Stock with Promising Prospects and 2 Facing Headwinds
StockStory âĸ 2026-06-30T12:51:01ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $1,213,636,000 | $1,207,731,000 | $1,155,102,000 | $1,172,785,000 |
| Operating Revenue | $1,213,636,000 | $1,207,731,000 | $1,155,102,000 | $1,172,785,000 |
| Expenses | ||||
| Interest Expense | $35,603,000 | $35,602,000 | $36,905,000 | $48,054,000 |
| Total Expenses | $285,099,000 | $239,022,000 | $252,873,000 | $82,751,000 |
| Other Income Expense | $1,232,000 | $2,130,000 | $1,952,000 | $5,639,000 |
| Net Non Operating Interest Income Expense | $-35,603,000 | $-35,602,000 | $-36,905,000 | $-48,054,000 |
| Interest Expense Non Operating | $35,603,000 | $35,602,000 | $36,905,000 | $48,054,000 |
| Loss Adjustment Expense | $48,903,000 | $-14,861,000 | $-20,856,000 | $-254,565,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $738,347,000 | $762,994,000 | $712,949,000 | $865,349,000 |
| Net Interest Income | $-35,603,000 | $-35,602,000 | $-36,905,000 | $-48,054,000 |
| Normalized Income | $738,347,000 | $762,994,000 | $712,949,000 | $897,261,917 |
| Net Income From Continuing And Discontinued Operation | $738,347,000 | $762,994,000 | $712,949,000 | $865,349,000 |
| Average Dilution Earnings | $0 | $0 | $1,026,000 | $3,228,000 |
| Net Income Common Stockholders | $738,347,000 | $762,994,000 | $712,949,000 | $865,349,000 |
| Net Income | $738,347,000 | $762,994,000 | $712,949,000 | $865,349,000 |
| Net Income Including Noncontrolling Interests | $738,347,000 | $762,994,000 | $712,949,000 | $865,349,000 |
| Net Income Continuous Operations | $738,347,000 | $762,994,000 | $712,949,000 | $865,349,000 |
| Pretax Income | $928,537,000 | $968,709,000 | $902,229,000 | $1,090,034,000 |
| Special Income Charges | - | $0 | $0 | $-40,199,000 |
| Per Share | ||||
| Diluted EPS | $3.14 | $2.89 | $2.49 | $2.79 |
| Basic EPS | $3.17 | $2.92 | $2.51 | $2.83 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $-8,286,083 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Reconciled Depreciation | $6,949,000 | $18,436,000 | $35,230,000 | $54,252,000 |
| EBIT | $964,140,000 | $1,004,311,000 | $939,134,000 | $1,138,088,000 |
| Diluted Average Shares | $235,099,000 | $263,995,000 | $287,155,000 | $311,229,000 |
| Basic Average Shares | $232,975,000 | $261,684,000 | $283,605,000 | $305,847,000 |
| Diluted NI Availto Com Stockholders | $738,347,000 | $762,994,000 | $713,975,000 | $868,577,000 |
| Tax Provision | $190,190,000 | $205,715,000 | $189,280,000 | $224,685,000 |
| Net Policyholder Benefits And Claims | $48,903,000 | $-14,861,000 | $-20,856,000 | $-254,565,000 |
| Policyholder Benefits Gross | $77,305,000 | $5,746,000 | $-5,233,000 | $-274,402,000 |
| Policyholder Benefits Ceded | $28,402,000 | $20,607,000 | $15,623,000 | $-19,837,000 |
| Total Unusual Items | - | $0 | $0 | $-40,199,000 |
| Total Unusual Items Excluding Goodwill | - | $0 | $0 | $-40,199,000 |
| Other Special Charges | - | - | - | $40,199,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $5,147,551,000 | $5,172,375,000 | $5,072,017,000 | $4,642,740,000 |
| Total Assets | $6,639,486,000 | $6,547,235,000 | $6,538,380,000 | $6,213,793,000 |
| Receivables | $127,625,000 | $109,014,000 | $101,697,000 | $104,321,000 |
| Accounts Receivable | $127,625,000 | $109,014,000 | $101,697,000 | $104,321,000 |
| Cash Cash Equivalents And Short Term Investments | $6,160,220,000 | $6,081,174,000 | $6,086,779,000 | $5,737,082,000 |
| Cash And Cash Equivalents | $368,989,000 | $229,485,000 | $363,666,000 | $327,384,000 |
| Debt | ||||
| Net Debt | $277,149,000 | $415,182,000 | $279,530,000 | $335,426,000 |
| Total Debt | $646,138,000 | $644,667,000 | $643,196,000 | $662,810,000 |
| Long Term Debt And Capital Lease Obligation | $646,138,000 | $644,667,000 | $643,196,000 | $662,810,000 |
| Long Term Debt | $646,138,000 | $644,667,000 | $643,196,000 | $662,810,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $1,491,935,000 | $1,374,860,000 | $1,466,363,000 | $1,571,053,000 |
| Payables And Accrued Expenses | $135,344,000 | $12,535,000 | - | - |
| Payables | $135,344,000 | $12,535,000 | - | - |
| Total Tax Payable | $135,344,000 | $12,535,000 | - | - |
| Income Tax Payable | $135,344,000 | $12,535,000 | - | - |
| Equity | ||||
| Common Stock Equity | $5,147,551,000 | $5,172,375,000 | $5,072,017,000 | $4,642,740,000 |
| Total Equity Gross Minority Interest | $5,147,551,000 | $5,172,375,000 | $5,072,017,000 | $4,642,740,000 |
| Stockholders Equity | $5,147,551,000 | $5,172,375,000 | $5,072,017,000 | $4,642,740,000 |
| Gains Losses Not Affecting Retained Earnings | $-134,394,000 | $-288,162,000 | $-316,281,000 | $-481,511,000 |
| Other Equity Adjustments | $-134,394,000 | $-288,162,000 | $-316,281,000 | $-481,511,000 |
| Retained Earnings | $3,250,115,000 | $3,403,852,000 | $4,593,125,000 | $4,004,294,000 |
| Other | ||||
| Ordinary Shares Number | $219,367,000 | $248,449,000 | $272,494,000 | $293,433,000 |
| Share Issued | $219,367,000 | $248,449,000 | $371,353,000 | $371,353,000 |
| Tangible Book Value | $5,147,551,000 | $5,172,375,000 | $5,072,017,000 | $4,642,740,000 |
| Invested Capital | $5,793,689,000 | $5,817,042,000 | $5,715,213,000 | $5,305,550,000 |
| Total Capitalization | $5,793,689,000 | $5,817,042,000 | $5,715,213,000 | $5,305,550,000 |
| Treasury Stock | $0 | $0 | $1,384,293,000 | $1,050,238,000 |
| Additional Paid In Capital | $1,812,463,000 | $1,808,236,000 | $1,808,113,000 | $1,798,842,000 |
| Capital Stock | $219,367,000 | $248,449,000 | $371,353,000 | $371,353,000 |
| Common Stock | $219,367,000 | $248,449,000 | $371,353,000 | $371,353,000 |
| Investments And Advances | $5,806,553,000 | $5,866,451,000 | $5,737,884,000 | $5,423,838,000 |
| Net PPE | $32,454,000 | $35,679,000 | $38,755,000 | $41,419,000 |
| Other Short Term Investments | $5,791,231,000 | $5,851,689,000 | $5,723,113,000 | $5,409,698,000 |
| Treasury Shares Number | - | $0 | $98,859,000 | $77,920,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $851,773,000 | $723,858,000 | $710,963,000 | $646,758,000 |
| Operating Activities | ||||
| Operating Cash Flow | $852,798,000 | $725,032,000 | $712,962,000 | $650,012,000 |
| Cash Flow From Continuing Operating Activities | $852,798,000 | $725,032,000 | $712,962,000 | $650,012,000 |
| Operating Gains Losses | $-334,000 | $9,846,000 | $14,141,000 | $9,719,000 |
| Investing Activities | ||||
| Capital Expenditure | $-1,025,000 | $-1,174,000 | $-1,999,000 | $-3,254,000 |
| Investing Cash Flow | $228,374,000 | $-142,005,000 | $-179,190,000 | $410,485,000 |
| Cash Flow From Continuing Investing Activities | $228,374,000 | $-142,005,000 | $-179,190,000 | $410,485,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-788,645,000 | $-569,478,000 | $-337,182,000 | $-385,573,000 |
| Financing Cash Flow | $-940,285,000 | $-719,044,000 | $-496,041,000 | $-1,032,542,000 |
| Cash Flow From Continuing Financing Activities | $-940,285,000 | $-719,044,000 | $-496,041,000 | $-1,032,542,000 |
| Net Other Financing Charges | $-19,149,000 | $-19,066,000 | $-7,257,000 | $-49,608,000 |
| Cash Dividends Paid | $-132,491,000 | $-130,500,000 | $-122,965,000 | $-110,947,000 |
| Common Stock Dividend Paid | $-132,491,000 | $-130,500,000 | $-122,965,000 | $-110,947,000 |
| Net Common Stock Issuance | $-788,645,000 | $-569,478,000 | $-337,182,000 | $-385,573,000 |
| Other | ||||
| Repayment Of Debt | $0 | $0 | $-28,637,000 | $-486,414,000 |
| End Cash Position | $375,514,000 | $234,627,000 | $370,644,000 | $332,913,000 |
| Beginning Cash Position | $234,627,000 | $370,644,000 | $332,913,000 | $304,958,000 |
| Changes In Cash | $140,887,000 | $-136,017,000 | $37,731,000 | $27,955,000 |
| Common Stock Payments | $-788,645,000 | $-569,478,000 | $-337,182,000 | $-385,573,000 |
| Net Issuance Payments Of Debt | $0 | $0 | $-28,637,000 | $-486,414,000 |
| Long Term Debt Payments | $0 | $0 | $-28,637,000 | $-486,414,000 |
| Net Investment Purchase And Sale | $229,399,000 | $-140,831,000 | $-179,527,000 | $413,739,000 |
| Sale Of Investment | $1,850,723,000 | $1,414,793,000 | $1,290,013,000 | $1,088,145,000 |
| Purchase Of Investment | $-1,621,324,000 | $-1,555,624,000 | $-1,469,540,000 | $-674,406,000 |
| Net PPE Purchase And Sale | $-1,025,000 | $-1,174,000 | $337,000 | $-3,254,000 |
| Sale Of PPE | $0 | $0 | $2,336,000 | $0 |
| Purchase Of PPE | $-1,025,000 | $-1,174,000 | $-1,999,000 | $-3,254,000 |
| Change In Working Capital | $64,183,000 | $-100,000,000 | $-82,030,000 | $-337,655,000 |
| Change In Other Working Capital | $91,534,000 | $-13,154,000 | $4,590,000 | $-8,652,000 |
| Change In Receivables | $-18,611,000 | $-7,317,000 | $2,624,000 | $55,399,000 |
| Changes In Account Receivables | $-18,611,000 | $-7,317,000 | $2,624,000 | $55,399,000 |
| Stock Based Compensation | $24,432,000 | $31,324,000 | $31,607,000 | $24,771,000 |
| Deferred Tax | $19,221,000 | $2,432,000 | $1,065,000 | $-4,367,000 |
| Deferred Income Tax | $19,221,000 | $2,432,000 | $1,065,000 | $-4,367,000 |
| Depreciation And Amortization | $6,949,000 | $18,436,000 | $35,230,000 | $54,252,000 |
| Gain Loss On Investment Securities | $-334,000 | $9,846,000 | $14,141,000 | $9,719,000 |
| Net Income From Continuing Operations | $738,347,000 | $762,994,000 | $712,949,000 | $865,349,000 |
| Change In Payables And Accrued Expense | - | $-8,600,000 | $-4,400,000 | $-11,800,000 |
| Change In Accrued Expense | - | $-8,600,000 | $-4,400,000 | $-11,800,000 |
| Unrealized Gain Loss On Investment Securities | - | $130,000 | $-530,000 | $2,013,000 |
| Net Long Term Debt Issuance | - | - | $-28,637,000 | $-486,414,000 |
| Issuance Of Debt | - | - | - | $0 |
| Long Term Debt Issuance | - | - | - | $0 |
| Other Non Cash Items | - | - | - | $40,199,000 |