Skip to Content

MGIC Investment Corp MTG Stock Quote

| Rating as of

NYSE:MTG

Morningstar‘s Stock Analysis MTG

Valuation
Currency in USD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Key Statistics MTG

Company Profile MTG

Business Description

MGIC Investment Corp provides private mortgage insurance and other services to mortgage lenders, covering them against defaults by homeowners on residential mortgages. The insurance premiums that these customers pay for the protection accounts for close to 90% of the company's total revenue. Investment income accounts for most of 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, and Ohio.

Contact
MGIC Plaza, 250 East Kilbourn Avenue
Milwaukee, WI, 53202
T +1 414 347-6480
Industry Insurance - Specialty
Most Recent Earnings Sep 30, 2022
Fiscal Year End Dec 31, 2022
Employees 711

Related News MTG