MGC Stock Overview 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, the District of Columbia, Puerto Rico, and Guam. More details
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MGIC Investment Corporation Competitors Price History & Performance
Summary of share price highs, lows and changes for MGIC Investment Historical stock prices Current Share Price US$23.60 52 Week High US$25.00 52 Week Low US$17.50 Beta 1.28 1 Month Change 3.51% 3 Month Change 2.61% 1 Year Change 29.67% 3 Year Change 78.79% 5 Year Change 90.32% Change since IPO -48.22%
Recent News & Updates
MGIC Investment Corporation to Report Q4, 2024 Results on Feb 03, 2025 Jan 07
Third quarter 2024 earnings released: EPS: US$0.77 (vs US$0.65 in 3Q 2023) Nov 06
Second quarter dividend of US$0.13 announced Oct 28
MGIC Investment Corporation Declares Quarterly Cash Dividend, Payable on November 21, 2024 Oct 25
MGIC Investment Corporation to Report Q3, 2024 Results on Nov 04, 2024 Oct 07
Second quarter 2024 earnings released: EPS: US$0.77 (vs US$0.67 in 2Q 2023) Aug 01 See more updates
MGIC Investment Corporation to Report Q4, 2024 Results on Feb 03, 2025 Jan 07
Third quarter 2024 earnings released: EPS: US$0.77 (vs US$0.65 in 3Q 2023) Nov 06
Second quarter dividend of US$0.13 announced Oct 28
MGIC Investment Corporation Declares Quarterly Cash Dividend, Payable on November 21, 2024 Oct 25
MGIC Investment Corporation to Report Q3, 2024 Results on Nov 04, 2024 Oct 07
Second quarter 2024 earnings released: EPS: US$0.77 (vs US$0.67 in 2Q 2023) Aug 01
First quarter dividend of US$0.13 announced Jul 29
MGIC Investment Corporation Announces Quarterly Dividend, Payable on August 22, 2024 Jul 26
MGIC Investment Corporation to Report Q2, 2024 Results on Jul 31, 2024 Jul 02
First quarter 2024 earnings released: EPS: US$0.64 (vs US$0.53 in 1Q 2023) May 02
Fourth quarter dividend of US$0.12 announced Apr 29
MGIC Investment Corporation Announces Quarterly Dividend, Payable on May 21, 2024 Apr 26
MGIC Investment Corporation to Report Q1, 2024 Results on May 01, 2024 Apr 03
Upcoming dividend of US$0.12 per share at 2.4% yield Feb 07
Full year 2023 earnings released: EPS: US$2.49 (vs US$2.83 in FY 2022) Feb 01
MGIC Investment Corporation, Annual General Meeting, Apr 25, 2024 Jan 31
Third quarter dividend of US$0.12 announced Jan 29
MGIC Investment Corporation Announces Quarterly Dividend, Payable on March 5, 2024 Jan 24
MGIC Investment Corporation to Report Q4, 2023 Results on Jan 31, 2024 Jan 09
Third quarter 2023 earnings released: EPS: US$0.64 (vs US$0.82 in 3Q 2022) Nov 01
Upcoming dividend of US$0.12 per share at 2.7% yield Nov 01 MGIC Investment Corporation Declares Quarterly Cash Dividend, Payable on November 28, 2023
MGIC Investment Corporation to Report Q3, 2023 Results on Oct 31, 2023 Oct 06
Second quarter 2023 earnings released: EPS: US$0.67 (vs US$0.81 in 2Q 2022) Aug 03
Upcoming dividend of US$0.12 per share at 2.7% yield Aug 02
MGIC Investment Corporation Declares Quarterly Cash Dividend, Payable on August 24, 2023 Jul 28
MGIC Investment Corporation to Report Q2, 2023 Results on Aug 02, 2023 Jul 06
First quarter 2023 earnings released: EPS: US$0.53 (vs US$0.55 in 1Q 2022) May 05
Upcoming dividend of US$0.10 per share at 2.7% yield May 03
Independent Director recently sold €109k worth of stock Mar 01
Upcoming dividend of US$0.10 per share at 2.9% yield Feb 09
Full year 2022 earnings released: EPS: US$2.79 (vs US$1.90 in FY 2021) Feb 03 MGIC Investment Corporation, Annual General Meeting, Apr 27, 2023
MGIC Investment Corporation Declares Quarterly Cash Dividend, Payable on March 2, 2023 Jan 25
MGIC Investment Corporation to Report Q4, 2022 Results on Feb 01, 2023 Jan 04
Third quarter 2022 earnings released: EPS: US$0.82 (vs US$0.47 in 3Q 2021) Nov 04
Upcoming dividend of US$0.10 per share Nov 02
MGIC Investment Corporation Announces Quarterly Dividend, Payable on November 23, 2022 Oct 28
MGIC Investment Corporation to Report Q3, 2022 Results on Nov 02, 2022 Oct 05
MGIC Investment Corporation Announces Executive Changes Aug 09
Second quarter 2022 earnings released: EPS: US$0.81 (vs US$0.45 in 2Q 2021) Aug 04
Upcoming dividend of US$0.10 per share Aug 03
MGIC Investment Corporation Announces Quarterly Dividend, Payable on August 25, 2022 Jul 29
MGIC Investment Corporation to Report Q2, 2022 Results on Aug 03, 2022 Jul 09
MGIC Investment Corporation(NYSE:MTG) dropped from Russell 1000 Dynamic Index Jun 26
Investor sentiment deteriorated over the past week Jun 18
First quarter 2022 earnings released: EPS: US$0.55 (vs US$0.44 in 1Q 2021) May 06
Upcoming dividend of US$0.08 per share May 04
MGIC Investment Corporation to Report Q1, 2022 Results on May 04, 2022 Apr 06
MGIC Investment Corporation Announces Management Changes Mar 06
Melissa B. Lora Announces Not to Stand for Reelection to the Board of MGIC Investment Corporation Feb 13
MGIC Investment Corporation, Annual General Meeting, Apr 28, 2022 Feb 12
Upcoming dividend of US$0.08 per share Feb 08
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Feb 04
Independent Director recently bought €63k worth of stock Dec 03
Third quarter 2021 earnings released: EPS US$0.47 (vs US$0.39 in 3Q 2020) Nov 05
Upcoming dividend of US$0.08 per share Nov 02
Second quarter 2021 earnings released: EPS US$0.45 (vs US$0.041 in 2Q 2020) Aug 06
Upcoming dividend of US$0.08 per share Aug 04
Insider recently sold €948k worth of stock May 11
First quarter 2021 earnings released: EPS US$0.43 (vs US$0.43 in 1Q 2020) May 07
Upcoming dividend of US$0.06 per share May 05
Independent Director has left the company May 04
MGIC Investment Announces Quarterly Cash Dividend, Payable on May 27, 2021 Apr 30
Full year 2020 earnings released: EPS US$1.31 (vs US$1.91 in FY 2019) Feb 26
Revenue beats expectations Feb 26
Upcoming Dividend of US$0.06 Per Share Feb 10
MGIC Investment Corporation(NYSE:MTG) dropped from Russell 2000 Dynamic Index Jan 28
MGIC Investment Corporation to Report Q4, 2020 Results on Feb 23, 2021 Jan 12
New 90-day high: €10.60 Jan 08
Third quarter 2020 earnings released: EPS US$0.39 Nov 07
Revenue beats expectations Nov 07
New 90-day high: €9.25 Nov 05
MGIC Investment Corporation Announces Management Changes Nov 02
Analisa M. Allen Joins MGIC Investment Corporation and Mortgage Guaranty Insurance Corporation Board of Directors Oct 30
MGIC Investment Corporation Announces Annette Adams to Be Senior Vice President - Chief Human Resources Officer Oct 15
MGIC Investment Corporation to Report Q3, 2020 Results on Nov 04, 2020 Oct 10
New 90-day high: €8.35 Oct 05
First half earnings released Aug 06
MGIC Investment Corporation to Report Q2, 2020 Results on Aug 05, 2020 Jul 09 Shareholder Returns MGC DE Diversified Financial DE Market 7D 0% 4.7% 2.7% 1Y 29.7% 1.3% 13.1%
See full shareholder returns
Return vs Market: MGC exceeded the German Market which returned 13.1% over the past year.
Price Volatility Is MGC's price volatile compared to industry and market? MGC volatility MGC Average Weekly Movement 3.7% Diversified Financial Industry Average Movement 4.0% Market Average Movement 4.8% 10% most volatile stocks in DE Market 11.0% 10% least volatile stocks in DE Market 2.3%
Stable Share Price: MGC has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: MGC's weekly volatility (4%) has been stable over the past year.
About the Company 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, the District of Columbia, 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 pool insurance for secondary market mortgage transactions; and contract underwriting services, as well as reinsurance.
Show more MGIC Investment Corporation Fundamentals Summary How do MGIC Investment's earnings and revenue compare to its market cap? MGC fundamental statistics Market cap €5.99b Earnings (TTM ) €727.02m Revenue (TTM ) €1.13b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) MGC income statement (TTM ) Revenue US$1.19b Cost of Revenue US$157.43m Gross Profit US$1.03b Other Expenses US$270.01m Earnings US$762.80m
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 03, 2025
Earnings per share (EPS) 3.01 Gross Margin 86.77% Net Profit Margin 64.09% Debt/Equity Ratio 12.2%
How did MGC perform over the long term?
See historical performance and comparison Dividends
2.1% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/01/24 01:25 End of Day Share Price 2025/01/24 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources MGIC Investment Corporation is covered by 18 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Bruce Harting Barclays Terry Ma Barclays Mihir Bhatia BofA Global Research
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