(MTG) MGIC Investment - Overview
Stock: Mortgage Insurance, Pool Insurance, Underwriting, Reinsurance
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.14% |
| Yield on Cost 5y | 6.44% |
| Yield CAGR 5y | 18.92% |
| Payout Consistency | 63.1% |
| Payout Ratio | 18.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 29.9% |
| Relative Tail Risk | 0.67% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.33 |
| Alpha | -2.54 |
| Character TTM | |
|---|---|
| Beta | 0.671 |
| Beta Downside | 0.657 |
| Drawdowns 3y | |
|---|---|
| Max DD | 14.36% |
| CAGR/Max DD | 1.98 |
Description: MTG MGIC Investment January 09, 2026
MGIC Investment Corp. (NYSE: MTG) is a U.S.-based provider of private mortgage insurance and related credit-risk services, operating across the 50 states, D.C., Puerto Rico and Guam. Its core product is primary insurance that protects lenders against borrower default, covering unpaid principal, delinquent interest and foreclosure-related expenses; it also offers pool insurance for secondary-market mortgage transactions, contract underwriting, and reinsurance services to a broad client base that includes banks, credit unions, mortgage brokers and other residential loan originators.
Key recent metrics (as of FY 2023) show a net income of roughly $210 million (≈ $5.30 EPS) and a combined loss-ratio near 30%, indicating strong underwriting discipline. The company’s return on equity hovered around 12%, and its capital adequacy ratio remains comfortably above regulatory minima, supporting its ability to write new business even as mortgage rates fluctuate. Sector-wide, MGIC’s earnings are sensitive to Fed policy: higher rates tend to boost premium volumes but can suppress loan origination volumes, while housing-price trends affect loss severity.
For a deeper quantitative assessment, the ValueRay platform offers a granular breakdown of MGIC’s risk metrics and peer comparisons.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 738.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA -1.69 > 1.0 |
| NWC/Revenue: 19.44% < 20% (prev 477.5%; Δ -458.0% < -1%) |
| CFO/TA 0.09 > 3% & CFO 622.0m > Net Income 738.3m |
| Net Debt (270.6m) to EBITDA (961.4m): 0.28 < 3 |
| Current Ratio: 2.69 > 1.5 & < 3 |
| Outstanding Shares: last quarter (225.7m) vs 12m ago -11.58% < -2% |
| Gross Margin: 94.90% > 18% (prev 1.00%; Δ 9389 % > 0.5%) |
| Asset Turnover: 18.41% > 50% (prev 18.45%; Δ -0.04% > 0%) |
| Interest Coverage Ratio: 21.52 > 6 (EBITDA TTM 961.4m / Interest Expense TTM 34.5m) |
Altman Z'' 6.23
| A: 0.04 (Total Current Assets 375.5m - Total Current Liabilities 139.6m) / Total Assets 6.64b |
| B: 0.50 (Retained Earnings 3.30b / Total Assets 6.64b) |
| C: 0.11 (EBIT TTM 742.5m / Avg Total Assets 6.59b) |
| D: 3.45 (Book Value of Equity 5.15b / Total Liabilities 1.49b) |
| Altman-Z'' Score: 6.23 = AAA |
What is the price of MTG shares?
Over the past week, the price has changed by +1.45%, over one month by -5.76%, over three months by -1.19% and over the past year by +9.56%.
Is MTG a buy, sell or hold?
- StrongBuy: 0
- Buy: 1
- Hold: 4
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the MTG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 28.4 | 4.1% |
| Analysts Target Price | 28.4 | 4.1% |
| ValueRay Target Price | 34.1 | 24.9% |
MTG Fundamental Data Overview February 07, 2026
P/E Forward = 8.5837
P/S = 4.8684
P/B = 1.1196
P/EG = 1.54
Revenue TTM = 1.21b USD
EBIT TTM = 742.5m USD
EBITDA TTM = 961.4m USD
Long Term Debt = 646.1m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 646.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 270.6m USD (from netDebt column, last quarter)
Enterprise Value = 6.19b USD (5.91b + Debt 646.1m - CCE 369.0m)
Interest Coverage Ratio = 21.52 (Ebit TTM 742.5m / Interest Expense TTM 34.5m)
EV/FCF = 9.95x (Enterprise Value 6.19b / FCF TTM 621.6m)
FCF Yield = 10.05% (FCF TTM 621.6m / Enterprise Value 6.19b)
FCF Margin = 51.22% (FCF TTM 621.6m / Revenue TTM 1.21b)
Net Margin = 60.84% (Net Income TTM 738.3m / Revenue TTM 1.21b)
Gross Margin = 94.90% ((Revenue TTM 1.21b - Cost of Revenue TTM 61.9m) / Revenue TTM)
Gross Margin QoQ = 86.94% (prev none%)
Tobins Q-Ratio = 0.93 (Enterprise Value 6.19b / Total Assets 6.64b)
Interest Expense / Debt = 1.21% (Interest Expense 7.80m / Debt 646.1m)
Taxrate = 20.40% (43.4m / 212.7m)
NOPAT = 591.1m (EBIT 742.5m * (1 - 20.40%))
Current Ratio = 2.69 (Total Current Assets 375.5m / Total Current Liabilities 139.6m)
Debt / Equity = 0.10 (Debt 646.1m / totalStockholderEquity, last quarter 6.64b)
Debt / EBITDA = 0.28 (Net Debt 270.6m / EBITDA 961.4m)
Debt / FCF = 0.44 (Net Debt 270.6m / FCF TTM 621.6m)
Total Stockholder Equity = 5.53b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.20% (Net Income 738.3m / Total Assets 6.64b)
RoE = 13.36% (Net Income TTM 738.3m / Total Stockholder Equity 5.53b)
RoCE = 12.03% (EBIT 742.5m / Capital Employed (Equity 5.53b + L.T.Debt 646.1m))
RoIC = 10.19% (NOPAT 591.1m / Invested Capital 5.80b)
WACC = 7.66% (E(5.91b)/V(6.55b) * Re(8.39%) + D(646.1m)/V(6.55b) * Rd(1.21%) * (1-Tc(0.20)))
Discount Rate = 8.39% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -10.04%
[DCF Debug] Terminal Value 80.17% ; FCFF base≈662.5m ; Y1≈702.4m ; Y5≈835.9m
Fair Price DCF = 70.72 (EV 15.59b - Net Debt 270.6m = Equity 15.32b / Shares 216.7m; r=7.66% [WACC]; 5y FCF grow 6.65% → 2.90% )
EPS Correlation: 39.79 | EPS CAGR: 6.13% | SUE: -0.10 | # QB: 0
Revenue Correlation: 65.63 | Revenue CAGR: 0.37% | SUE: -2.26 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.74 | Chg30d=-0.027 | Revisions Net=+0 | Analysts=4
EPS current Year (2026-12-31): EPS=3.06 | Chg30d=-0.097 | Revisions Net=+0 | Growth EPS=-2.7% | Growth Revenue=+1.4%
EPS next Year (2027-12-31): EPS=3.32 | Chg30d=-0.115 | Revisions Net=-1 | Growth EPS=+8.7% | Growth Revenue=+3.8%