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29.45 USD
P/E
9.28
EPS
3.20
Yield
2.09%
Safety Score
97
P/B
1.22
ROE
13.92
Beta
0.65
Target Price
31.00 USD
MGIC Investment Corporation logo

MGIC Investment Corporation

🧾 Earnings Recap – Q3 2025

MGIC Investment Corporation continued its strong performance in Q3 2025, achieving a net income of $191 million and successfully returning nearly $1 billion to shareholders through dividends and share repurchases.

  • Recorded annualized return on equity of 14.8%, reflecting the strength of our business model and risk management.
  • Ended the quarter with a milestone of over $300 billion in insurance in-force, representing our market leadership.
  • Returned approximately $980 million in capital to shareholders via dividends and share repurchases, totaling a 122% payout of net income over the past year.
  • Achieved new insurance written of $16.5 billion, underscoring the strong credit quality of our insurance portfolio.
  • Maintained robust capital levels with $6 billion on the balance sheet, enhancing financial flexibility and liquidity.
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Key Metrics
Earnings dateNov. 4, 2026
P/E9.28
EPS3.20
Book Value24.27
Price to Book1.22
Debt/Equity12.90
% Insiders1.849%
Growth
Revenue Growth-0.03%
Earnings Growth0.06%
Estimates
Forward P/E8.66
Forward EPS3.43
Target Mean Price31.00
Dividend
Dividend Yield2.09%
Annual dividends0.62 USD
Ex-Div. DateAug. 5, 2026
Payout19.02%
5y avg Yield2.20%

DCF Valuation

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Decimal (e.g., 0.04 = 4%).
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Percent number (e.g., 10 = 10%).
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DCF Result

Fair Value (DCF)
Current Price
Upside
WACC
Terminal PV
Σ PV of FCFs
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

MGIC Investment Corporation Logo MGIC Investment Corporation Analysis (MTG)

United States Financials Official Website Stock

Is MGIC Investment Corporation a good investment? MGIC Investment Corporation (MTG) is currently trading at 29.45 USD. Market analysts have a consensus price target of 31.00 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 9.28. This relatively low multiple may signal that MGIC Investment Corporation is undervalued compared to historical market norms.

Earnings Schedule: MGIC Investment Corporation is expected to release its next earnings report on Nov. 4, 2026. The market consensus estimate for Forward EPS is 3.43.

For income investors, MGIC Investment Corporation pays a dividend yield of 2.09%. With a payout ratio of 19%, the dividend appears sustainable.

Investor FAQ

Does MGIC Investment Corporation pay a dividend?

Yes, it pays an annual dividend of 0.62 USD (2.09% yield).

What asset class is MGIC Investment Corporation?

MGIC Investment Corporation is classified as a Stock. You can compare it against 2 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be Nov. 4, 2026. The company currently has a trailing EPS of 3.20.

Company Profile

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary 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 on the mortgage or sale of the underlying property. It also provides contract underwriting services, as well as reinsurance services. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Exchange Ticker
FRA (Germany) MGC.F
NYQ (United States) MTG
Trades
Dividend Yield
2.09%
5y avg 2.20%
Annual Dividends
0.62USD
Next Ex. Div Date
Aug. 5, 2026
Payout Ratio
19.02%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
0.57 USD
Aug. 26, 2027 (estimated) 0.2067
May 21, 2027 (estimated) 0.1775
March 1, 2027 (estimated) 0.1867
2026
0.65 USD
Nov. 23, 2026 (estimated) 0.1824
Aug. 20, 2026 0.1700
May 21, 2026 0.1500
March 6, 2026 0.1500
2025
0.56 USD
Nov. 20, 2025 0.1500
Aug. 21, 2025 0.1500
May 21, 2025 0.1300
March 5, 2025 0.1300
2024
0.49 USD
Nov. 21, 2024 0.1300
Aug. 22, 2024 0.1300
May 21, 2024 0.1150
March 5, 2024 0.1150
2023
0.43 USD
Nov. 28, 2023 0.1150
Aug. 24, 2023 0.1150
May 25, 2023 0.1000
March 2, 2023 0.1000
2022
0.36 USD
Nov. 23, 2022 0.1000
Aug. 25, 2022 0.1000
May 26, 2022 0.0800
March 2, 2022 0.0800
2021
0.28 USD
Nov. 23, 2021 0.0800
Aug. 26, 2021 0.0800
May 27, 2021 0.0600
March 3, 2021 0.0600
2020
0.24 USD
Nov. 25, 2020 0.0600
Aug. 28, 2020 0.0600
May 29, 2020 0.0600
Feb. 28, 2020 0.0600
2019
0.12 USD
Nov. 25, 2019 0.0600
Sept. 20, 2019 0.0600
2008
0.08 USD
Sept. 2, 2008 0.0250
June 16, 2008 0.0250
March 3, 2008 0.0250
2007
0.78 USD
Dec. 3, 2007 0.0250
Sept. 4, 2007 0.2500
June 8, 2007 0.2500
March 1, 2007 0.2500
2006
1.00 USD
Dec. 1, 2006 0.2500
Sept. 1, 2006 0.2500
June 9, 2006 0.2500
March 1, 2006 0.2500
2005
0.52 USD
Dec. 1, 2005 0.1500
Sept. 1, 2005 0.1500
June 9, 2005 0.1500
March 1, 2005 0.0750
2004
0.23 USD
Dec. 1, 2004 0.0750
Sept. 1, 2004 0.0750
June 9, 2004 0.0380
March 1, 2004 0.0380
2003
0.11 USD
Dec. 1, 2003 0.0380
Sept. 2, 2003 0.0250
June 2, 2003 0.0250
March 3, 2003 0.0250
2002
0.10 USD
Dec. 2, 2002 0.0250
Sept. 4, 2002 0.0250
June 3, 2002 0.0250
March 1, 2002 0.0250
2001
0.10 USD
Dec. 3, 2001 0.0250
Sept. 4, 2001 0.0250
June 1, 2001 0.0250
March 1, 2001 0.0250
2000
0.10 USD
Dec. 1, 2000 0.0250
Sept. 1, 2000 0.0250
June 1, 2000 0.0250
March 1, 2000 0.0250
1999
0.10 USD
Dec. 1, 1999 0.0250
Sept. 1, 1999 0.0250
June 1, 1999 0.0250
March 1, 1999 0.0250
1998
0.10 USD
Dec. 1, 1998 0.0250
Sept. 1, 1998 0.0250
June 1, 1998 0.0250
March 2, 1998 0.0250
1997
0.14 USD
Dec. 1, 1997 0.0250
Sept. 2, 1997 0.0250
June 2, 1997 0.0500
March 3, 1997 0.0400
1996
0.16 USD
Dec. 2, 1996 0.0400
Sept. 3, 1996 0.0400
June 3, 1996 0.0400
March 1, 1996 0.0400
1995
0.16 USD
Dec. 1, 1995 0.0400
Sept. 1, 1995 0.0400
June 2, 1995 0.0400
March 3, 1995 0.0400
1994
0.16 USD
Dec. 2, 1994 0.0400
Sept. 2, 1994 0.0400
June 3, 1994 0.0400
March 3, 1994 0.0400
1993
0.29 USD
Dec. 2, 1993 0.0800
Sept. 2, 1993 0.0700
June 3, 1993 0.0700
March 4, 1993 0.0700
1992
0.28 USD
Dec. 2, 1992 0.0700
Sept. 2, 1992 0.0700
June 3, 1992 0.0700
March 4, 1992 0.0700
1991
0.07 USD
Dec. 5, 1991 0.0700
Upcoming Dividends
Name Payment Date Status Amount
MGIC Investment Corporation Aug 20, 2026 0.17 USD
MGIC Investment Corporation May 21, 2026 0.15 USD
MGIC Investment Corporation Mar 06, 2026 0.15 USD
MGIC Investment Corporation Nov 20, 2025 0.15 USD
Stock Splits
Split Date Split Ratio to 1
Dec. 3, 1993 2:1
June 3, 1997 2:1
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