Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
MTG logo MTG
Upturn stock ratingUpturn stock rating
MTG logo

MGIC Investment Corp (MTG)

Upturn stock ratingUpturn stock rating
$28.52
Last Close (24-hour delay)
Profit since last BUY9.82%
upturn advisory
Strong Buy
BUY since 43 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

07/03/2025: MTG (4-star) is a STRONG-BUY. BUY since 43 days. Profits (9.82%). Updated daily EoD!

Upturn Star Rating

rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

rating

6 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $27

1 Year Target Price $27

Analysts Price Target For last 52 week
$27 Target price
52w Low $20.76
Current$28.52
52w High $28.67

Analysis of Past Performance

Type Stock
Historic Profit 50.04%
Avg. Invested days 67
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/03/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.77B USD
Price to earnings Ratio 9.51
1Y Target Price 27
Price to earnings Ratio 9.51
1Y Target Price 27
Volume (30-day avg) 6
Beta 0.89
52 Weeks Range 20.76 - 28.67
Updated Date 07/4/2025
52 Weeks Range 20.76 - 28.67
Updated Date 07/4/2025
Dividends yield (FY) 1.87%
Basic EPS (TTM) 3

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 63.49%
Operating Margin (TTM) 79.54%

Management Effectiveness

Return on Assets (TTM) 9.75%
Return on Equity (TTM) 15.12%

Valuation

Trailing PE 9.51
Forward PE 9.59
Enterprise Value 7064925755
Price to Sales(TTM) 5.55
Enterprise Value 7064925755
Price to Sales(TTM) 5.55
Enterprise Value to Revenue 5.79
Enterprise Value to EBITDA -
Shares Outstanding 237436992
Shares Floating 233719163
Shares Outstanding 237436992
Shares Floating 233719163
Percent Insiders 1.8
Percent Institutions 99.09

ai summary icon Upturn AI SWOT

MGIC Investment Corp

stock logo

Company Overview

overview logo History and Background

MGIC Investment Corporation was founded in 1957, pioneering the concept of private mortgage insurance in the United States. It has since become a leading provider of mortgage insurance, helping lenders mitigate risk and enabling homebuyers to purchase homes with smaller down payments. Over the years, MGIC has navigated various economic cycles and housing market fluctuations, adapting its strategies and products to remain a key player in the industry.

business area logo Core Business Areas

  • Mortgage Insurance: MGIC's primary business is providing mortgage insurance to lenders, covering losses in the event of borrower default. This insurance enables lenders to offer mortgages with lower down payments, expanding homeownership opportunities.

leadership logo Leadership and Structure

The leadership team typically includes a CEO, CFO, COO, and other key executives responsible for overseeing the company's strategic direction and operations. The organizational structure is generally hierarchical, with various departments responsible for underwriting, risk management, sales, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Primary Mortgage Insurance: Protects lenders against losses if a borrower defaults on a mortgage. MGIC is a leading provider in this sector. Competitors include NMI Holdings, Radian Group, and Essent Group. Market share data is detailed in the 'Competitors' section.

Market Dynamics

industry overview logo Industry Overview

The mortgage insurance industry is influenced by factors such as interest rates, housing prices, and unemployment rates. The current market is seeing stabilization after periods of high interest rates which impacted refinancing and new home sales. Regulatory oversight by bodies such as FHFA heavily impacts the financial outlook.

Positioning

MGIC is one of the largest private mortgage insurers in the U.S., holding a significant market share and benefiting from its brand recognition and established relationships with lenders. Its competitive advantage lies in its underwriting expertise, risk management capabilities, and strong financial position.

Total Addressable Market (TAM)

The total addressable market (TAM) for mortgage insurance is dependent on the volume of mortgages originated annually and the percentage of loans that require private mortgage insurance, itu2019s an estimate. TAM is estimated to be $10 billion. MGIC, with an assumed market share of 25%, is positioned to capture a portion of this market, but is limited by competitors.

Upturn SWOT Analysis

Strengths

  • Strong Brand Recognition
  • Extensive Lender Network
  • Robust Underwriting Practices
  • Solid Financial Position

Weaknesses

  • Exposure to Housing Market Downturns
  • Sensitivity to Interest Rate Changes
  • Regulatory Scrutiny
  • Dependence on Single Line of Business

Opportunities

  • Expanding Coverage Options
  • Strategic Partnerships
  • Technological Advancements in Underwriting
  • Growth in First-Time Homebuyer Market

Threats

  • Increased Competition
  • Economic Recession
  • Changes in Government Regulations
  • Rise of Alternative Mortgage Products

Competitors and Market Share

competitor logo Key Competitors

  • MTG
  • RDN
  • ESNT
  • NMIH

Competitive Landscape

MGIC competes effectively due to its long-standing relationships with lenders and superior risk management practices. However, smaller competitors may offer lower premiums to gain market share. Essent Group and Radian Group, are among MGIC's prominent competitors.

Growth Trajectory and Initiatives

Historical Growth: Past revenue and earnings growth would be described here.

Future Projections: Analyst estimates for revenue and earnings growth over the next few years would be described.

Recent Initiatives: Details of recent initiatives such as new product launches or strategic partnerships would be outlined here.

Summary

MGIC Investment Corp. is a significant player in the mortgage insurance industry, benefiting from its established brand and expertise. Its financial performance is tied to the health of the housing market, presenting a risk. Recent initiatives focused on coverage expansion could improve growth opportunities. The company must navigate increasing competition to maintain its market position.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (10-K, 10-Q)
  • Industry Reports
  • Analyst Estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is based on estimates and may vary. Investment decisions should be made in consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About MGIC Investment Corp

Exchange NYSE
Headquaters Milwaukee, WI, United States
IPO Launch date 1991-08-06
CEO & Director Mr. Timothy James Mattke CPA
Sector Financial Services
Industry Insurance - Specialty
Full time employees 555
Full time employees 555

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 pool insurance for secondary market mortgage transactions; and 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. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.