Positive News SentimentPositive NewsNYSE:MTG MGIC Investment (MTG) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free MTG Stock Alerts $19.38 -0.12 (-0.62%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$19.36▼$19.7550-Day Range$18.94▼$22.3652-Week Range$13.97▼$22.43Volume2.00 million shsAverage Volume2.07 million shsMarket Capitalization$5.23 billionP/E Ratio7.78Dividend Yield2.37%Price Target$21.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get MGIC Investment alerts: Email Address MGIC Investment MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside8.8% Upside$21.08 Price TargetShort InterestHealthy3.63% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.07Upright™ Environmental ScoreNews Sentiment1.50Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth4.12%From $2.43 to $2.53 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.53 out of 5 starsFinance Sector574th out of 826 stocksSurety Insurance Industry5th out of 7 stocks 1.1 Analyst's Opinion Consensus RatingMGIC Investment has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageMGIC Investment has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.63% of the float of MGIC Investment has been sold short.Short Interest Ratio / Days to CoverMGIC Investment has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in MGIC Investment has recently decreased by 1.83%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldMGIC Investment pays a meaningful dividend of 2.35%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMGIC Investment has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of MGIC Investment is 18.47%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, MGIC Investment will have a dividend payout ratio of 18.18% next year. This indicates that MGIC Investment will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMGIC Investment has received a -130.12% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Private mortgage insurances" product. See details.Environmental SustainabilityThe Environmental Impact score for MGIC Investment is -0.07. Previous Next 2.5 News and Social Media Coverage News SentimentMGIC Investment has a news sentiment score of 1.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for MGIC Investment this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for MTG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added MGIC Investment to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MGIC Investment insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.57% of the stock of MGIC Investment is held by insiders.Percentage Held by Institutions95.58% of the stock of MGIC Investment is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for MGIC Investment are expected to grow by 4.12% in the coming year, from $2.43 to $2.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MGIC Investment is 7.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.89.Price to Earnings Ratio vs. SectorThe P/E ratio of MGIC Investment is 7.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.92.Price to Earnings Growth RatioMGIC Investment has a PEG Ratio of 1.61. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMGIC Investment has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIThis company has increased its dividend every year for 54 yearsThere are three basic steps to building the Ultimate Dividend Portfolio. Step #1 is to Get The High Yields! So an index fund like the SPY, paying only 1.5% a year, isn’t going to cut it. But a company like Altria Group (MO) will.Click here to get them (for Free). About MGIC Investment Stock (NYSE:MTG)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. 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.Read More MTG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MTG Stock News HeadlinesApril 9, 2024 | americanbankingnews.comMGIC Investment Co. (NYSE:MTG) Receives Consensus Recommendation of "Hold" from BrokeragesApril 2, 2024 | prnewswire.comMGIC Investment Corporation Schedules 1st Quarter 2024 Earnings CallApril 17, 2024 | Paradigm Press (Ad)AI “wealth window” is closing soon!Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.April 1, 2024 | msn.comRate Cut Hopes Boost Growth Stocks In Q1, Signal Better Q2 For Value (April Issue)March 15, 2024 | markets.businessinsider.comKBW Reaffirms Their Buy Rating on MGIC Investment (MTG)February 23, 2024 | finance.yahoo.comInside Vanguard’s Picks: 3 Must-Buy Stocks From AI-Enhanced FundsFebruary 22, 2024 | msn.comRocket Companies earnings flatline again in Q4, topping consensusFebruary 22, 2024 | markets.businessinsider.comBuy Rating Affirmed for MGIC Investment Corp. on Strong Market Position and Attractive ValuationApril 17, 2024 | Paradigm Press (Ad)AI “wealth window” is closing soon!Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.February 15, 2024 | investorplace.comInside Vanguard's Picks: 3 Must-Buy Stocks From AI-Enhanced FundsFebruary 8, 2024 | finance.yahoo.comRadian Group (RDN) Q4 Earnings Top, Revenues Rise Y/YFebruary 8, 2024 | finance.yahoo.comEverest Group (EG) Q4 Earnings Beat on Improved PremiumsFebruary 5, 2024 | seekingalpha.comMGIC Investment: Strong Company At A Fair Price (Rating Downgrade)February 4, 2024 | seekingalpha.comBuy MGIC - Slow, Steady And Still CheapFebruary 3, 2024 | finance.yahoo.comMGIC Investment Corporation (NYSE:MTG) Just Reported And Analysts Have Been Lifting Their Price TargetsFebruary 2, 2024 | markets.businessinsider.comBuy Rating on MGIC Investment’s Stock: Strong Earnings and Strategic Capital Management Drive Positive OutlookFebruary 2, 2024 | markets.businessinsider.comThese Analysts Increase Their Forecasts On MGIC Investment Following Q4 ResultsFebruary 2, 2024 | finance.yahoo.comMGIC (MTG) Upgraded to Strong Buy: What Does It Mean for the Stock?February 2, 2024 | finance.yahoo.comMGIC Investment Corporation (NYSE:MTG) Q4 2023 Earnings Call TranscriptFebruary 2, 2024 | finance.yahoo.comQ4 2023 MGIC Investment Corp Earnings CallFebruary 1, 2024 | finance.yahoo.comMGIC Investment (MTG) Q4 Earnings Top Estimates, Revenues LagFebruary 1, 2024 | finance.yahoo.comMGIC Investment Corp (MTG) Reports Strong Q4 and Full Year 2023 ResultsFebruary 1, 2024 | seekingalpha.comMGIC Investment Corporation 2024 Q4 - Results - Earnings Call PresentationFebruary 1, 2024 | msn.comMGIC Investment Non-GAAP EPS of $0.67 beats by $0.09, revenue of $284M misses by $8.6MJanuary 31, 2024 | finance.yahoo.comCompared to Estimates, MGIC (MTG) Q4 Earnings: A Look at Key MetricsJanuary 31, 2024 | benzinga.comRecap: MGIC Investment Q4 EarningsJanuary 31, 2024 | finance.yahoo.comMGIC Investment Corporation Reports Fourth Quarter 2023 ResultsSee More Headlines Receive MTG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MGIC Investment and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/31/2024Ex-Dividend for 3/5 Dividend2/14/2024Dividend Payable3/05/2024Today4/17/2024Next Earnings (Confirmed)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Surety insurance Sub-IndustryThrifts & Mortgage Finance Current SymbolNYSE:MTG CUSIP55284810 CIK876437 Webmtg.mgic.com Phone(414) 347-6480Fax414-347-6696Employees627Year FoundedN/APrice Target and Rating Average Stock Price Target$21.08 High Stock Price Target$24.00 Low Stock Price Target$18.50 Potential Upside/Downside+8.1%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.49 Trailing P/E Ratio7.83 Forward P/E Ratio8.02 P/E Growth1.61Net Income$712.95 million Net Margins61.72% Pretax Margin78.11% Return on Equity14.82% Return on Assets11.33% Debt Debt-to-Equity Ratio0.13 Current Ratio0.98 Quick Ratio0.98 Sales & Book Value Annual Sales$1.16 billion Price / Sales4.55 Cash Flow$2.73 per share Price / Cash Flow7.15 Book Value$18.29 per share Price / Book1.07Miscellaneous Outstanding Shares269,670,000Free Float265,436,000Market Cap$5.26 billion OptionableOptionable Beta1.24 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMs. Julie Kay Sperber (Age 50)VP, Controller & Chief Accounting Officer Ms. Dianna L. HigginsSenior Vice President of Investor RelationsMr. Danny Garcia-VelezSenior Vice President of Sales & Business DevelopmentMs. Annette M. AdamsSenior VP & Chief Human Resources Officer of MGICKey CompetitorsRadian GroupNYSE:RDNEssent GroupNYSE:ESNTAssured GuarantyNYSE:AGOOld Republic InternationalNYSE:ORINMINASDAQ:NMIHView All CompetitorsInstitutional OwnershipWealth Enhancement Advisory Services LLCSold 29,256 shares on 4/16/2024Ownership: 0.626%DGS Capital Management LLCBought 17,557 shares on 4/15/2024Ownership: 0.031%Bank of New HampshireBought 77,202 shares on 4/10/2024Ownership: 0.029%Alaska Permanent Fund CorpSold 7,150 shares on 4/9/2024Ownership: 0.051%CWM LLCBought 1,552 shares on 4/5/2024Ownership: 0.001%View All Institutional Transactions MTG Stock Analysis - Frequently Asked Questions Should I buy or sell MGIC Investment stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MGIC Investment in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MTG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTG, but not buy additional shares or sell existing shares. View MTG analyst ratings or view top-rated stocks. What is MGIC Investment's stock price target for 2024? 5 brokers have issued twelve-month price objectives for MGIC Investment's stock. Their MTG share price targets range from $18.50 to $24.00. On average, they predict the company's stock price to reach $21.08 in the next year. This suggests a possible upside of 8.8% from the stock's current price. View analysts price targets for MTG or view top-rated stocks among Wall Street analysts. How have MTG shares performed in 2024? MGIC Investment's stock was trading at $19.29 on January 1st, 2024. Since then, MTG stock has increased by 0.5% and is now trading at $19.38. View the best growth stocks for 2024 here. When is MGIC Investment's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our MTG earnings forecast. How can I listen to MGIC Investment's earnings call? MGIC Investment will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were MGIC Investment's earnings last quarter? MGIC Investment Co. (NYSE:MTG) released its quarterly earnings data on Wednesday, January, 31st. The insurance provider reported $0.67 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.10. The insurance provider had revenue of $284.72 million for the quarter, compared to the consensus estimate of $302.96 million. MGIC Investment had a trailing twelve-month return on equity of 14.82% and a net margin of 61.72%. How often does MGIC Investment pay dividends? What is the dividend yield for MGIC Investment? MGIC Investment announced a quarterly dividend on Tuesday, January 23rd. Investors of record on Thursday, February 15th will be given a dividend of $0.115 per share on Tuesday, March 5th. This represents a $0.46 annualized dividend and a dividend yield of 2.37%. The ex-dividend date of this dividend is Wednesday, February 14th. Read our dividend analysis for MTG. Is MGIC Investment a good dividend stock? MGIC Investment (NYSE:MTG) pays an annual dividend of $0.46 per share and currently has a dividend yield of 2.35%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MTG will have a dividend payout ratio of 18.18% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MTG. What ETFs hold MGIC Investment's stock? ETFs with the largest weight of MGIC Investment (NYSE:MTG) stock in their portfolio include Adaptiv Select ETF (ADPV), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), The Acquirers Fund (ZIG), Ballast Small/Mid Cap ETF (MGMT), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Vest Rising Dividend Achievers Target Income ETF (RDVI), First Trust Financial AlphaDEX Fund (FXO) and SPDR S&P Bank ETF (KBE). What is Tim Mattke's approval rating as MGIC Investment's CEO? 1 employees have rated MGIC Investment Chief Executive Officer Tim Mattke on Glassdoor.com. Tim Mattke has an approval rating of 100% among the company's employees. This puts Tim Mattke in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of MGIC Investment own? Based on aggregate information from My MarketBeat watchlists, some companies that other MGIC Investment investors own include Oclaro (OCLR), Amarin (AMRN), Ford Motor (F), Radian Group (RDN), AT&T (T), Bank of America (BAC), Energy Transfer (ET), General Electric (GE), Coty (COTY) and Freeport-McMoRan (FCX). Who are MGIC Investment's major shareholders? MGIC Investment's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.63%), Los Angeles Capital Management LLC (0.53%), Alaska Permanent Fund Corp (0.05%), DGS Capital Management LLC (0.03%), Bank of New Hampshire (0.03%) and CWM LLC (0.00%). Insiders that own company stock include Daniel A Arrigoni, Gary A Poliner and James J Hughes. View institutional ownership trends. How do I buy shares of MGIC Investment? Shares of MTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:MTG) was last updated on 4/17/2024 by MarketBeat.com Staff From Our Partners[Urgent!] Generational Wealth GameplanCrypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe “Perfect Storm” for GoldGold Safe ExchangeThe "Smart Money" Is Ready for May 1st Are You?Stansberry ResearchOptions trading has suddenly become more reliable.Eagle PublishingTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsYou won't believe what Citigroup just did to it's depositorsAmerican Alternative Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding MGIC Investment Co. 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