MTG | MGIC Investment Corporation Stock Overview

(Stock Exchange: NYSE)

Day's Range	25.18 - 25.72
52 Week Range	16.30 - 25.93
Beta	0.78
Implied Volatility	28.59%
IV Rank	66.65%
Day's Volume	1,437,891
Average Volume	1,593,993
Shares Outstanding	259,233,999
Market Cap	6,589,728,255
Sector	Financial Services
Industry	Insurance - Specialty
IPO Date	1991-08-07

Valuation
Profitability
Growth
Health
P/E Ratio	9.41
Forward P/E Ratio	6.02
EPS	2.70
1YR Price Target	16.50
Dividend Yield	2.06%
Dividend Per Share	0.52
Dividend ExDate	2023-02-16
Dividend PayDate	2023-03-02
Employees	627
Country	USA
Website	MTG

MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.

MTG's peers: ACT, AIZ, AMBC, AXS, EIG, ESNT, FNF, HIPO, ICCH, JRVR, MBI, NMIH, AGO, RDN, AMSF, ITIC, TRUP

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Analyzing fundamentals for MTG we got that it has average fundamentals where Valuation is considered to be slightly undervalued, Profitability is very wealthy, Growth is bad and Health is confidently strong. For more detailed analysis please see MTG Fundamentals page.

Watching at MTG technicals we can see that long-term trend is bullish, the same as bullish middle-term trend, as well as bullish short-term trend. More technicals details can be found on MTG Technicals page.