MGIC Investment Corp. is the parent company of Mortgage Guaranty Insurance Corporation, a private mortgage insurer. It established the private mortgage insurance industry to provide a private market alternative to federal government insurance programs for families wanting to buy a home. With a focus on sustainable home ownership, MGIC Investment provides a critical component of the country's residential mortgage finance system by protecting mortgage investors from credit losses. MGIC Investment Corporation primarily covers single-family, first-time mortgage loans by providing primary insurance to cushion lenders against non-payment of individual loans and expands home ownership opportunities by enabling people to purchase homes with smaller down payments. Through its wholly-owned subsidiaries, the company provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The company offers mortgage insurance via Primary Insurance and Other Insurance.
| Revenue (Most Recent Fiscal Year) | $1.21B |
| Net Income (Most Recent Fiscal Year) | $738.35M |
| PE Ratio (Current Year Earnings Estimate) | 8.51 |
| PE Ratio (Trailing 12 Months) | 8.28 |
| PEG Ratio (Long Term Growth Estimate) | 1.79 |
| Price to Sales Ratio (Trailing 12 Months) | 4.60 |
| Price to Book Ratio (Most Recent Quarterly Book Value per Share) | 1.10 |
| Price to Cash Ratio (Most Recent Annual Cash Flow per Share) | 7.86 |
| Pre-Tax Margin (Trailing 12 Months) | 74.78% |
| Net Margin (Trailing 12 Months) | 59.63% |
| Return on Equity (Trailing 12 Months) | 14.01% |
| Return on Assets (Trailing 12 Months) | 10.96% |
| Current Ratio (Most Recent Fiscal Quarter) | 1.14 |
| Quick Ratio (Most Recent Fiscal Quarter) | 1.14 |
| Debt to Common Equity (Most Recent Fiscal Quarter) | 0.13 |
| Inventory Turnover (Trailing 12 Months) | -- |
| Book Value per Share (Most Recent Fiscal Quarter) | $23.82 |
| Earnings per Share (Most Recent Fiscal Quarter) | $0.76 |
| Earnings per Share (Most Recent Fiscal Year) | $3.14 |
| Diluted Earnings per Share (Trailing 12 Months) | $3.15 |
| Exchange | NYSE |
| Sector | Financial Services |
| Industry | Insurance - Specialty |
| Common Shares Outstanding | 211.49M |
| Free Float | 208.66M |
| Market Capitalization | $5.53B |
| Average Volume (Last 20 Days) | 2.26M |
| Beta (Past 60 Months) | 0.71 |
| Percentage Held By Insiders (Latest Annual Proxy Report) | 1.34% |
| Percentage Held By Institutions (Latest 13F Reports) | 95.58% |
| Annual Dividend (Based on Last Quarter) | $0.60 |
| Dividend Yield (Based on Last Quarter) | 2.29% |