20.48

0.59% +0.12

After Hours: 20.48

MGIC Investment Corp (MTG)

Overview News Price History Option Chain Discussions Forecast Stock Split Dividend History

MGIC Investment Corp stock is currently priced at $20.48, with a 24-hour trading volume of 1.87M. It has seen a +0.59% increased in the last 24 hours and a -5.80% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $20.24 pivot point. If it approaches the $20.50 resistance level, significant changes may occur.

Previous Close:

$20.36

Open:

$20.3

24h Volume:

1.87M

Market Cap:

$5.51B

Revenue:

$1.16B

Net Income/Loss:

$712.95M

P/E Ratio:

8.2915

EPS:

2.47

Net Cash Flow:

$710.96M

1W Performance:

+3.28%

1M Performance:

-5.80%

6M Performance:

+23.75%

1Y Performance:

+45.56%

1D Range:

$20.25

$20.63

52W Range:

$13.96

$22.43

MGIC Investment Corp Stock (MTG) Company Profile

Name

MGIC Investment Corp

Sector

Financial (4475)

Industry

Insurance - Specialty (4)

Phone

414-347-6480

Address

MGIC Plaza, 250 East Kilbourn Avenue, Milwaukee, WI

Employee

819

Twitter

@mgic

Next Earnings Date

2024-05-02

Latest SEC Filings

MTG's Discussions on Twitter

MGIC Investment Corp Stock (MTG) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Dec-06-23	Initiated	UBS	Neutral
Nov-15-23	Initiated	Barclays	Equal Weight
Jul-06-23	Downgrade	RBC Capital Mkts	Outperform → Sector Perform
Apr-11-23	Upgrade	Compass Point	Neutral → Buy
Jan-06-23	Downgrade	Barclays	Overweight → Equal Weight
Nov-09-22	Downgrade	Compass Point	Buy → Neutral
Aug-18-22	Upgrade	BofA Securities	Neutral → Buy
Jun-23-22	Upgrade	RBC Capital Mkts	Sector Perform → Outperform
Nov-17-21	Downgrade	BofA Securities	Buy → Neutral
Oct-07-20	Upgrade	Keefe Bruyette	Mkt Perform → Outperform
Jun-09-20	Downgrade	Keefe Bruyette	Outperform → Mkt Perform
Apr-01-20	Upgrade	BofA/Merrill	Underperform → Buy
Oct-22-18	Reiterated	Compass Point	Buy
Jun-13-18	Downgrade	BofA/Merrill	Neutral → Underperform
Apr-19-18	Downgrade	Wells Fargo	Outperform → Market Perform
Apr-10-18	Downgrade	BofA/Merrill	Buy → Neutral
Apr-10-18	Downgrade	RBC Capital Mkts	Outperform → Sector Perform
Mar-15-18	Initiated	Macquarie	Outperform
Jan-08-18	Upgrade	Deutsche Bank	Hold → Buy
Dec-20-17	Reiterated	BTIG Research	Buy
Nov-28-17	Resumed	Wells Fargo	Outperform
Oct-11-17	Resumed	Compass Point	Buy
Feb-13-17	Reiterated	FBR & Co.	Outperform
Oct-17-16	Initiated	BofA/Merrill	Buy
Jul-20-16	Upgrade	Compass Point	Neutral → Buy
Jul-20-16	Reiterated	FBR Capital	Outperform
Jun-30-16	Upgrade	FBR Capital	Mkt Perform → Outperform
May-10-16	Reiterated	Compass Point	Neutral
Apr-20-16	Downgrade	Compass Point	Buy → Neutral

View All

MGIC Investment Corp Stock (MTG) Latest News

MGIC Investment Corp Stock (MTG) Financials Data

MGIC Investment Corp (MTG) Revenue 2024

MTG reported a revenue (TTM) of $1.16 billion for the quarter ending December 31, 2023, a -1.51% decline year-over-year.

MGIC Investment Corp (MTG) Net Income 2024

MTG net income (TTM) was $712.95 million for the quarter ending December 31, 2023, a -17.61% decrease year-over-year.

MGIC Investment Corp (MTG) Cash Flow 2024

MTG recorded a free cash flow (TTM) of $710.96 million for the quarter ending December 31, 2023, a +9.93% increase year-over-year.

MGIC Investment Corp (MTG) Earnings per Share 2024

MTG earnings per share (TTM) was $2.49 for the quarter ending December 31, 2023, a -10.75% decline year-over-year.

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. 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; and other services for the mortgage finance industry, such as analysis of loan originations and portfolios, and mortgage lead generation services, as well as reinsurance arrangements. 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.