MTG · NYSE
MGIC Investment Corporation
$28.85 +0.59 (+2.09%)
Company overview
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
- Sector
- Financial Services
- Industry
- Insurance - Specialty
- Exchange
- NYSE
- Market cap
- $5.9B
- Employees
- 555
- Headquarters
- Milwaukee, WI
- Website
- mtg.mgic.com
- CEO
- Timothy James Mattke
- Listed
- August 7, 1991
- P/E
- 9.16
- Dividend yield
- 2.03%
Company financials
- Revenue
- $1.2B
- Gross profit
- $1.1B
- Operating income
- $908M
- EBITDA
- $939M
- Net income
- $718M
- EPS
- $3.15
- Total assets
- $6.4B
- Total debt
- $647M
- Gross margin
- 93.58%
- Net margin
- 59.63%
- Earnings yield
- 10.92%
MTG
1D
NYSE
O28.53H28.73L28.11C28.26-0.40 (-1.40%)Vol2.37M