MGIC Investment Corporation (MTG) Stock Price & Analysis
MGIC Investment Corporation (MTG) closed at USD 27.74 on Thursday, October 22, 2026, up 1.57% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 27.31; the Oct 22, 2026 session ranged USD 27.29–28.45 on volume of 4,760,351 shares. Market capitalization is $5.69B, with a 52-week range of USD 24.69–31.89 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:11 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MTG.md
Key facts (MTG)
- Last four reported quarters (through Jun 30, 2026): revenue $1.20B, net income $708M (59.2% margin), free cash flow $706M (SEC filings).
- Valuation: P/E 8.0x (avg 8.4x at the last 3 fiscal year-ends).
- Analysts: Hold (mean 3.14 on a 1–5 scale) (7 analysts), mean target USD 30.83 (range 28–35).
- Total return with dividends: 1Y +3.4% vs S&P 500 +14.9%; 5Y +89.3% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 0.82, revenue estimate $299M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MTG)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.19B | $1.17B | $1.16B | $1.21B | $1.21B | $1.20B |
| Net income | $635M | $865M | $713M | $763M | $738M | $708M |
| EPS (diluted) | $1.85 | $2.79 | $2.49 | $2.89 | $3.14 | — |
| Free cash flow | $692M | $647M | $711M | $724M | $852M | $706M |
| Net margin | 53.6% | 73.8% | 61.7% | 63.2% | 60.8% | 59.2% |
| Revenue growth | -1.1% | -1.1% | -1.5% | +4.6% | +0.5% | — |
| Cash + short-term investments | $285M | $394M | — | — | $369M | — |
| Total debt | $1.15B | $663M | $643M | — | — | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MTG)
P/E 8.0x · P/S 4.8x · P/FCF 8.1x · P/B 1.1x · FCF yield 12.42% · Earnings yield 12.44% · Dividend yield (paid, TTM) 2.37% · Buyback yield (TTM) 13.25%
P/E at fiscal year-ends: Dec 2025 9.3x, Dec 2024 8.2x, Dec 2023 7.8x.
Analysts (MTG)
Consensus Hold (mean 3.14 on a 1–5 scale), 7 analysts; mean target USD 30.83 (low 28, high 35).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-05 | Barclays | Target raised | Equal-Weight | $28 → $29 |
| 2026-07-31 | RBC Capital | Target raised | Sector Perform | $28 → $32 |
| 2026-07-31 | Keefe, Bruyette & Woods | Target raised | Market Perform | $29 → $30 |
Total return (dividends reinvested) (MTG)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +3.4% | +89.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +3.4% | +13.6% |
| Volatility (annualized) | 25.4% | 23.4% |
| Max drawdown | -17.9% (Sep 2026→Sep 2026) | -27.8% (Jan 2022→Jun 2022) |
MTG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.82 | $0.77 | +6.6% | $298.7M | 6 |
| Next quarter (ends Dec 2026) | $0.82 | $0.78 | +5.3% | $299.6M | 6 |
| Current fiscal year (ends Dec 2026) | $3.27 | $3.07 | +6.5% | $1.19B | 6 |
| Next fiscal year (ends Dec 2027) | $3.45 | $3.30 | +4.4% | $1.20B | 6 |
MTG options: expected move
Options price a move of about ±10.8% (±$3.00) by Nov 20, 2026, which includes earnings on Nov 4, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 42.1% | ±10.8% |
| Dec 18, 2026 | 56 | 29.9% | ±12.2% |
| Mar 19, 2027 | 147 | 24.9% | ±14.8% |
| Jun 17, 2027 | 237 | 23.9% | ±17.1% |
30-day implied volatility 28.3% vs 34.4% realized over the last 30 trading days. Put/call ratio (volume) —. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 10:11 UTC)
| Price | USD 27.74 |
|---|---|
| Change | ▲ 1.57% (up) |
| Previous Close | USD 27.31 |
| Open | USD 27.44 |
| Day Range | USD 27.29 – 28.45 |
| 52-Week Range | USD 24.69 – 31.89 |
| Volume | 4,760,351 shares |
| Market Cap | $5.69B |
| Exchange | NYQ |
Technical Analysis (MTG)
Nexqual's technical model rates MTG "SELL" based on 1 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 10:11 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 44.59 (neutral) |
| vs SMA50 | Below (USD 29.31) |
| MACD | -0.41 (negative) |
Analyst Ratings (MTG)
Wall Street analysts rate MTG "Hold" based on 7 analysts, with a mean price target of USD 30.83 (range USD 28–35), per Nexqual as of October 23, 2026 at 10:11 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 30.83 |
| High Target | USD 35 |
| Low Target | USD 28 |
| Buy / Hold / Sell | 1 / 5 / 1 |
Earnings (MTG)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.82 |
| Revenue Estimate | $298.66M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.87 vs est 0.76 ▲ beat |
| 2026-03-31 | USD 0.76 vs est 0.74 ▲ beat |
| 2025-12-31 | USD 0.75 vs est 0.75 ▲ beat |
| 2025-09-30 | USD 0.83 vs est 0.74 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Financials & Fundamentals (MTG)
| Total Revenue | $1.20B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -2.90% |
| Gross Margin | +92.61% |
| Operating Margin | +80.85% |
| Profit Margin | +59.20% |
| ROE | +13.92% |
| Debt / Equity | 0.13 |
| Current Ratio | 4.96 |
| Total Cash | $207.28M |
| Total Debt | $646.87M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $706.48M (59.1% of revenue) |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Financial Health Score (MTG)
Nexqual rates MGIC Investment Corporation's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 10:11 UTC.
| Growth | Mixed — Revenue +0.5% YoY (annual), slow |
|---|---|
| Profitability | Strong — Gross margin 93%, operating 81% (last 12 months) |
| Balance Sheet | Strong — $207M cash vs $647M debt |
| Cash Flow | Strong — FCF $706M (last 4 quarters to Jun 2026, SEC), 59% margin |
| Efficiency | Mixed — ROE 14%, ROA 8.8% |
Ownership (MTG)
| Insider Ownership | +1.76% |
|---|---|
| Institutional Ownership | +101.80% |
| Shares Outstanding | 205.12M |
| Float | 191.09M |
| Short % of Float | +7.28% |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Leadership (MTG)
MGIC Investment Corporation is led by Timothy James Mattke, CEO & Director, per Nexqual as of October 23, 2026 at 10:11 UTC.
| CEO & Director | Timothy James Mattke |
|---|---|
| President & COO | Salvatore Antonino Miosi |
| Executive VP, CFO & Chief Risk Officer | Nathaniel Howe Colson |
| Senior Vice President of Investor Relations | Dianna L. Higgins |
| Senior Vice President of Sales & Business Development | Danny Garcia-Velez |
Major Backers & Investors (MTG)
Notable institutional backers of MGIC Investment Corporation include AQR Capital Management, LLC, JPMorgan, LSV Asset Management, according to Nexqual as of October 23, 2026 at 10:11 UTC.
Active Investors
| Investor | Stake |
|---|---|
| AQR Capital Management, LLC | 5.49% |
| JPMorgan | 5.4% |
| LSV Asset Management | 4.75% |
| American Century Companies Inc | 3.51% |
| J.P. Morgan Fleming Mutual Fd. Group, Inc.-JPMorgan Mid Cap Value Fd. | 1.94% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 13.15% |
| BlackRock | 10.69% |
| Dimensional Fund Advisors | 6.73% |
| State Street | 3.7% |
| Allianz Asset Management GmbH | 2.41% |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ESNT | Essent Group Ltd. | USD 65.7 | ▲ 2.62% |
| ACT | Enact Holdings, Inc. | USD 46.92 | ▲ 2.78% |
| FAF | First American Corporation (New | USD 65.07 | ▼ 2.09% |
| RDN | Radian Group Inc. | USD 34.7 | ▲ 2.12% |
| AXS | Axis Capital Holdings Limited | USD 104.3 | ▲ 3.71% |
| NMIH | NMI Holdings Inc | USD 41.49 | ▲ 1.77% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:11 UTC. This page is informational and not investment advice.
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