MTG - MGIC Investment Corporation

NYSE - NYSE Delayed Price. Currency in USD
12.53
+0.11 (+0.89%)
At close: 4:01PM EDT

12.53 0.00 (0.00%)
After hours: 4:28PM EDT

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Previous Close 12.42
Open 12.58
Bid 12.56 x 1300
Ask 12.78 x 1400
Day's Range 12.46 - 12.62
52 Week Range 9.41 - 14.97
Volume 2,187,530
Avg. Volume 4,549,304
Market Cap 4.438B
Beta (3Y Monthly) 1.36
PE Ratio (TTM) 7.01
EPS (TTM) 1.79
Earnings Date Oct 15, 2019 - Oct 21, 2019
Forward Dividend & Yield 0.24 (1.93%)
Ex-Dividend Date 2019-08-29
1y Target Est 16.77
Trade prices are not sourced from all markets
  • PR Newswire

    MGIC Investment Corporation Releases Monthly Operating Statistics

    MILWAUKEE , Aug. 8, 2019 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today issued an Operational Summary of its insurance subsidiaries for the month of July 2019 for their primary mortgage ...

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  • MGIC names Timothy Mattke as next CEO
    American City Business Journals

    MGIC names Timothy Mattke as next CEO

    MGIC Investment Corp. has named Timothy Mattke as its next chief executive officer. Mattke will succeed Patrick Sinks at the helm of the Milwaukee-based firm. Sinks plans to stay on the board through the end of October and with the company through the end of January.

  • PR Newswire

    MGIC CFO Timothy Mattke to succeed Patrick Sinks as CEO; Mattke elected to Board

    MILWAUKEE, July 25, 2019 /PRNewswire/ -- MGIC Investment Corporation (MTG) today announced that Patrick Sinks has been named Vice Chairman of the company and the board of directors and has relinquished his role as President and Chief Executive Officer (CEO). Sinks intends to remain with the company through January 31, 2020 and on the board through October 31, 2019.  Sinks is succeeded by Timothy Mattke, formerly Executive Vice President and Chief Financial Officer, who has been appointed CEO and to the board of directors, effective immediately.

  • PR Newswire

    MGIC Investment Announces Quarterly Dividend of $0.06 Per Share

    MILWAUKEE, July 25, 2019 /PRNewswire/ -- The Board of Directors of MGIC Investment Corporation (MTG) today declared a quarterly cash dividend of $0.06 per share. The Company continues to have authorization to repurchase up to $200 million of its common stock through the end of 2020. The principal subsidiary of MGIC Investment Corporation is Mortgage Guaranty Insurance Corporation, or MGIC (www.mgic.com), which serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality.  At June 30, 2019 MGIC had $213.9 billion of primary insurance in force covering approximately one million mortgages.

  • Thomson Reuters StreetEvents

    Edited Transcript of MTG earnings conference call or presentation 23-Jul-19 2:00pm GMT

    Q2 2019 MGIC Investment Corp Earnings Call

  • MGIC Investment (MTG) Q2 Earnings Beat Estimates, Shares Up
    Zacks

    MGIC Investment (MTG) Q2 Earnings Beat Estimates, Shares Up

    MGIC Investment (MTG) Q2 reflects strong persistency and increase in new insurance writings along with lower delinquency and decline in credit losses.

  • MGIC Investment Corp (MTG) Q2 2019 Earnings Call Transcript
    Motley Fool

    MGIC Investment Corp (MTG) Q2 2019 Earnings Call Transcript

    MTG earnings call for the period ending June 30, 2019.

  • PR Newswire

    MGIC Investment Corporation Reports Second Quarter 2019 Results

    Second Quarter 2019 Net Income of $167.8 million or $0.46 per Diluted Share Second Quarter 2019 Adjusted Net Operating Income (Non-GAAP) of $167.6 million or $0.46 per Diluted Share MILWAUKEE , July 23, ...

  • If You Had Bought MGIC Investment (NYSE:MTG) Shares Three Years Ago You'd Have Made 86%
    Simply Wall St.

    If You Had Bought MGIC Investment (NYSE:MTG) Shares Three Years Ago You'd Have Made 86%

    By buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at...

  • PR Newswire

    MGIC Investment Corporation Schedules 2nd Quarter 2019 Earnings Call and Releases Monthly Operating Statistics

    MILWAUKEE , July 9, 2019 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its 2nd quarter 2019 financial results before the market opens on Tuesday, July 23, 2019 ...

  • How Does MGIC Investment Corporation (NYSE:MTG) Affect Your Portfolio Volatility?
    Simply Wall St.

    How Does MGIC Investment Corporation (NYSE:MTG) Affect Your Portfolio Volatility?

    If you're interested in MGIC Investment Corporation (NYSE:MTG), then you might want to consider its beta (a measure of...

  • What You Must Know About MGIC Investment Corporation's (NYSE:MTG) Beta Value
    Simply Wall St.

    What You Must Know About MGIC Investment Corporation's (NYSE:MTG) Beta Value

    If you're interested in MGIC Investment Corporation (NYSE:MTG), then you might want to consider its beta (a measure of...

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  • MGIC Investment's (MTG) May Insurance in Force Impressive
    Zacks

    MGIC Investment's (MTG) May Insurance in Force Impressive

    MGIC Investment's (MTG) insurance in force was $213.3 billion, up 7% year over year.

  • Should Value Investors Pick MGIC Investment (MTG) Stock?
    Zacks

    Should Value Investors Pick MGIC Investment (MTG) Stock?

    Is MGIC Investment (MTG) a great pick from the value investor's perspective right now? Read on to know more.

  • Here’s What Hedge Funds Think About MGIC Investment Corporation (MTG)
    Insider Monkey

    Here’s What Hedge Funds Think About MGIC Investment Corporation (MTG)

    How do we determine whether MGIC Investment Corporation (NYSE:MTG) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows […]

  • Markit

    See what the IHS Markit Score report has to say about MGIC Investment Corp.

    MGIC Investment Corp NYSE:MTGView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for MTG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting MTG. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold MTG had net inflows of $672 million over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. MTG credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.