MGIC Investment Corporation
MGIC Investment Corporation (MTG) Stock Overview
Explore MGIC Investment Corporation’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
6.6B
P/E Ratio
8.76
EPS (TTM)
$3.00
ROE
0.15%
MTG Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of MGIC Investment Corporation (MTG) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of A, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $31.09.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 8.76 and a market capitalization of 6.6B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Analyst Recommendations
Price Targets
Company Profile
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.
Timothy James Mattke CPA
555
MGIC Plaza, Milwaukee, WI
1991