Mgic Investment Corp MTG

$26.95 +0.58 (2.20%)

Valuation

Market cap
5,409,146,000
Revenue TTM
$1,213,640,000
Net income TTM
$738,350,000
PE ratio
8.05
Forward PE
7.99
Profit margin
60.84%
Debt to equity
0.13

Trading

Volume
3,800,400
Avg volume
2,026,456
Day's range
$26.33 – $27.27
Shares out
205,125,000
Stochastic %K
31%
Beta
0.67
Analysts
Sell
Price target
$31.14

Price

Company profile

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 as...

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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 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. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Industry
Insurance - Specialty
Sector
Financial Services
Phone
414 347 6480
Website
https://www.mgic.com
Address
250 East Kilbourn Avenue, Milwaukee, United States

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