MGIC Investment Corporation (MTG)

$12.81

+0.21 (+1.67%)
Rating:
Recommendation:
Strong Buy
Symbol MTG
Price $12.81
Beta 1.492
Volume Avg. 3.02M
Market Cap 3.966B
Shares () -
52 Week Range 11.38-16.85
1y Target Est -
DCF Unlevered MTG DCF ->
DCF Levered MTG LDCF ->
ROE 13.70% Buy
ROA 9.64% Neutral
Operating Margin -
Debt / Equity 48.47% Neutral
P/E 6.60 Buy
P/B 0.88 Buy
Annual
Quarter

Earnings

Consensus EPS

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Latest MTG news


Mr. Timothy Mattke
Financial Services
Insurance—Specialty
New York Stock Exchange

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.