MTG icon

MGIC Investment

23.40 USD
-0.63
2.62%
At close Apr 21, 4:00 PM EDT
After hours
23.40
+0.00
0.00%
1 day
-2.62%
5 days
-3.39%
1 month
-0.64%
3 months
-4.72%
6 months
-7.77%
Year to date
-1.14%
1 year
17.18%
5 years
322.38%
10 years
123.50%
 

About: MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.

Employees: 555

0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

56% more call options, than puts

Call options by funds: $1.44M | Put options by funds: $925K

3.71% more ownership

Funds ownership: 91.61% [Q3] → 95.32% (+3.71%) [Q4]

9% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 47

0% less funds holding

Funds holding: 406 [Q3] → 404 (-2) [Q4]

6% less capital invested

Capital invested by funds: $6.08B [Q3] → $5.73B (-$353M) [Q4]

11% less repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 152

43% less funds holding in top 10

Funds holding in top 10: 7 [Q3] → 4 (-3) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$26
11%
upside
Avg. target
$26
12%
upside
High target
$27
15%
upside

4 analyst ratings

positive
0%
neutral
100%
negative
0%
Keefe, Bruyette & Woods
Bose George
48% 1-year accuracy
22 / 46 met price target
11%upside
$26
Market Perform
Maintained
8 Apr 2025
UBS
Douglas Harter
66% 1-year accuracy
21 / 32 met price target
11%upside
$26
Neutral
Maintained
19 Feb 2025
Barclays
Terry Ma
57% 1-year accuracy
12 / 21 met price target
11%upside
$26
Equal-Weight
Maintained
5 Feb 2025
Compass Point
Giuliano Bologna
33% 1-year accuracy
5 / 15 met price target
15%upside
$27
Neutral
Downgraded
5 Feb 2025

Financial journalist opinion

Based on 3 articles about MTG published over the past 30 days

Positive
Zacks Investment Research
3 days ago
Will MGIC (MTG) Beat Estimates Again in Its Next Earnings Report?
MGIC (MTG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Will MGIC (MTG) Beat Estimates Again in Its Next Earnings Report?
Neutral
PRNewsWire
2 weeks ago
MGIC Investment Corporation Schedules 1st Quarter 2025 Earnings Call
MILWAUKEE , April 4, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2025 financial results after the market closes on Wednesday, April 30, 2025. A conference call/webcast has been scheduled for 10:00 a.m.
MGIC Investment Corporation Schedules 1st Quarter 2025 Earnings Call
Positive
Zacks Investment Research
3 weeks ago
MGIC Investment (MTG) Is Up 1.95% in One Week: What You Should Know
Does MGIC Investment (MTG) have what it takes to be a top stock pick for momentum investors? Let's find out.
MGIC Investment (MTG) Is Up 1.95% in One Week: What You Should Know
Positive
Zacks Investment Research
1 month ago
MGIC (MTG) Upgraded to Buy: Here's What You Should Know
MGIC (MTG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
MGIC (MTG) Upgraded to Buy: Here's What You Should Know
Negative
Zacks Investment Research
1 month ago
MTG Stock Lags Industry, Trades at a Discount: Should You Buy or Wait?
Given the U.S. housing market expected to grow at a slow rate, downward pressure on home prices and intense competition, it is wise to stay cautious on MTG.
MTG Stock Lags Industry, Trades at a Discount: Should You Buy or Wait?
Negative
Seeking Alpha
2 months ago
MGIC Investment: A Junk Bond Earnings Yield With Growth
MGIC Investment: A Junk Bond Earnings Yield With Growth
MGIC Investment: A Junk Bond Earnings Yield With Growth
Positive
Zacks Investment Research
2 months ago
MGIC Investment Q4 Earnings Beat, Revenues Miss Estimates
MTG's fourth quarter results higher new insurance written, improved net investment income, and higher insurance in force.
MGIC Investment Q4 Earnings Beat, Revenues Miss Estimates
Neutral
Seeking Alpha
2 months ago
MGIC Investment Corporation (MTG) Q4 2024 Earnings Call Transcript
MGIC Investment Corporation (NYSE:MTG ) Q4 2024 Earnings Conference Call February 4, 2025 10:00 AM ET Company Participants Dianna Higgins - Head of Investor Relations Tim Mattke - Chief Executive Officer Nathan Colson - Chief Financial Officer and Chief Risk Officer Conference Call Participants Terry Ma - Barclays Mihir Bhatia - Bank of America Bose George - KBW Douglas Harter - UBS Scott Heleniak - RBC Capital Markets Geoffrey Dunn - Dowling & Partners Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Q4 2024 MGIC Investment Corporation Earnings Conference Call.
MGIC Investment Corporation (MTG) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
2 months ago
Compared to Estimates, MGIC (MTG) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for MGIC (MTG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Compared to Estimates, MGIC (MTG) Q4 Earnings: A Look at Key Metrics
Positive
Zacks Investment Research
2 months ago
MGIC Investment (MTG) Q4 Earnings Top Estimates
MGIC Investment (MTG) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.67 per share a year ago.
MGIC Investment (MTG) Q4 Earnings Top Estimates
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