MGIC Investment Corporation (MTG)

In the past six months, MGIC Investment Corp. reported its first-quarter 2026 results with a net income of $165.3 million, or $0.76 per diluted share, beating consensus estimates. The company announced an additional $750 million share repurchase program and declared a quarterly cash dividend of $0.15 per share. Analyst ratings are at a consensus "Hold." The stock has seen daily fluctuations, with a 52-week range between $24.78 and $29.97.

Demand for MGIC Investment Corp.'s products is influenced by the housing market and mortgage lending activity. Mortgage insurance demand generally correlates with housing market activity, which can experience seasonal fluctuations, with spring and summer months typically being stronger. Delinquency rates can be consistent with seasonal trends. New Insurance Written (NIW) can fluctuate, and changes in interest rates can impact mortgage demand and refinancing activity.

MGIC Investment Corporation is a finance and insurance company that provides private mortgage insurance and related mortgage credit risk management solutions. Founded in 1957, it is the originator of modern private mortgage insurance (PMI) in the United States. The company insures mortgage credit risk, enabling lenders to offer low-down-payment mortgages. MGIC generates revenue from insurance premiums and investment income, offering borrower-paid and lender-paid insurance plans, as well as pool insurance and reinsurance solutions. The company operates in the Financial Services sector, specifically in the Insurance - Specialty industry, focusing on Thrifts & Mortgage Finance.

MGIC Investment Corp. sells its mortgage insurance products in all states of the United States, Puerto Rico, and serves lenders in Guam. Its most significant exposure is concentrated in large housing markets, including California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia, and New York.

MGIC's brand reputation appears stable, with a focus on its role in the private mortgage insurance industry and its financial strength. A.M. Best upgraded MGIC's financial strength and credit ratings to A with a stable outlook. The company has consistently reported solid financial results and returned capital to shareholders. MGIC continues to emphasize its role in making homeownership attainable and sustainable.

MGIC Investment Corporation has a high level of institutional ownership, with 539 institutional owners and shareholders holding approximately 95.58% of the stock. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Dimensional Fund Advisors LP. Individual insider holdings increased to 0.72% in February 2025. CEO Timothy J. Mattke and COO Salvatore A. Miosi sold shares in the past 90 days as of April 14, 2026.