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MGIC Investment Corp.

MTG

MGIC Investment Corp. is a leading provider of private mortgage insurance and credit risk management solutions for the residential mortgage finance industry.

Market cap
$6.47B+7.4%
Revenue$1.2B-1.9%
Net income$707.9M-7.2%
Free cash flow$706.5M-8.4%
EPS (diluted)$3.20+4.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$295.4M-2.9%
Net income$182.1M-5.4%
EPS (diluted)$0.86+6.2%

Balance sheet

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Cash & equivalents$207.3M-29.7%
Total equity$5.0B-2.7%
Total assets$6.5B-0.2%

Cash flow

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Operating cash flow$185.0M+1.1%
CapEx$473.0K+2,265%
Free cash flow$184.5M+0.8%

Valuation & ratios

Valuation

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Market cap$6.34B+7.4%
P/E+1.1×
P/S5.3×+0.4×

Profitability

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Net margin59.2%-3.4pp
FCF margin59.1%-4.2pp

Returns & leverage

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Return on equity13.9%-0.9pp

Competitors

Profile

MGIC Investment Corp. is a leading provider of private mortgage insurance and credit risk management solutions for the residential mortgage finance industry. The company primarily enables lenders to mitigate default risk on low down payment mortgages, facilitating the sale of these loans to government-sponsored enterprises. Its core value proposition centers on providing capital relief for financial institutions and expanding homeownership access for borrowers.

Competitive position

A leading player in the U.S. private mortgage insurance market with a significant market share and high financial strength ratings from major agencies.

GeographiesUnited States, Puerto Rico, Guam
Customer segmentsFinancial Institutions, Government-Sponsored Enterprises
Business modelB2B, Risk-based pricing, Reinsurance
SuppliersCapital Markets, External Investment Managers, Credit Rating Agencies, Technology Platform Providers
CustomersFannie Mae, Freddie Mac, Depository Institutions, Mortgage Lenders, Residential Homebuyers
Listed1991
Employees627.0
CEOTimothy James Mattke
Websitemgic.com
FilingsSEC EDGAR

Questions, answered.

What is MGIC Investment Corp.'s market cap?
MGIC Investment Corp. (MTG) has a market capitalization of $6.5B and trades on NYSE.
What is MGIC Investment Corp.'s revenue and profitability?
MGIC Investment Corp. generated $1.2B in trailing twelve-month revenue with net income of $707.9M, representing a net margin of 59.2%, with free cash flow of $706.5M. These figures are based on the Q2 2026 filing.
Who are MGIC Investment Corp.'s competitors?
MGIC Investment Corp.'s key competitors include Radian Group Inc., Essent Group Ltd., Enact Holdings Inc., and others. These companies compete in similar markets and product categories.
Who does MGIC Investment Corp. partner with?
MGIC Investment Corp.'s notable partners include Fannie Mae, Freddie Mac, A.M. Best, and others.
What subsidiaries does MGIC Investment Corp. have?
MGIC Investment Corp.'s subsidiaries include Mortgage Guaranty Insurance Corporation (MGIC).
Where is MGIC Investment Corp. headquartered?
MGIC Investment Corp. is headquartered in United States of America and employs approximately 627 people. It has been publicly traded since 1991.