Mgic Investment Corp  (MTG)
Other Ticker:  
Price: $13.0700 $0.02 0.153%
Day's High: $13.15 Week Perf: 0.62 %
Day's Low: $ 12.88 30 Day Perf: -2.54 %
Volume (M): 2,759 52 Wk High: $ 16.85
Volume (M$): $ 36,054 52 Wk Avg: $14.60
Open: $13.01 52 Wk Low: $12.61

 Market Capitalization (Millions $) 4,242
 Shares Outstanding (Millions) 325
 Employees 800
 Revenues (TTM) (Millions $) 1,184
 Net Income (TTM) (Millions $) 679
 Cash Flow (TTM) (Millions $) 193
 Capital Exp. (TTM) (Millions $) 5

Mgic Investment Corp
MGIC Investment Corporation is a holding company which, through its wholly owned subsidiary Mortgage Guaranty Insurance Corporation (“MGIC”), is the leading provider of private mortgage insurance in the United States to the home mortgage lending industry. Private mortgage insurance covers residential first mortgage loans and expands home ownership opportunities by enabling people to purchase homes with less than 20% down payments. If the homeowner defaults, private mortgage insurance reduces and, in some instances, eliminates the loss to the insured institution. Private mortgage insurance also facilitates the sale of low down payment and other mortgage loans in the secondary mortgage market, including to the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) (Fannie Mae and Freddie Mac are collectively referred to as the “GSEs”). In addition to mortgage insurance on first liens, the Company, through other subsidiaries, provides lenders with various underwriting and other services and products related to home mortgage lending.

Primary Insurance. Primary insurance provides mortgage default protection on individual loans and covers unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure (collectively, the “claim amount”). In addition to the loan principal, the claim amount is affected by the mortgage note rate and the time necessary to complete the foreclosure process. The insurer generally pays the coverage percentage of the claim amount specified in the primary policy, but has the option to pay 100% of the claim amount and acquire title to the property. Primary insurance generally applies to owner occupied, first mortgage loans on one-to-four family homes, including condominiums. Primary coverage can be used on any type of residential mortgage loan instrument approved by the mortgage insurer. References in this document to amounts of insurance written or in force, risk written or in force and other historical data related to MGIC’s insurance refer only to direct (before giving effect to reinsurance) primary insurance, unless otherwise indicated.

Pool Insurance. Pool insurance is generally used as an additional “credit enhancement” for certain secondary market mortgage transactions. Pool insurance generally covers the loss on a defaulted mortgage loan which exceeds the claim payment under the primary coverage, if primary insurance is required on that mortgage loan, as well as the total loss on a defaulted mortgage loan which did not require primary insurance. Pool insurance may have a stated aggregate loss limit and may also have a deductible under which no losses are paid by the insurer until losses exceed the deductible.

Risk Sharing Arrangements. MGIC’s products include risk sharing arrangements with the GSEs and captive mortgage reinsurance in which an affiliate of a lender reinsures a portion of the risk on loans originated or purchased by the lender which have MGIC primary insurance.

Bulk Transactions. In bulk transactions, the individual loans in the insured portfolio are insured to specified levels of coverage. The premium in a bulk transaction, which is negotiated with the securitizer or other owner of the loans, is based on the mortgage insurer’s evaluation of the overall risk of the insured loans included in the transaction and is often a composite rate applied to all of the loans in the transaction.


Originators of residential mortgage loans such as mortgage bankers, savings institutions, commercial banks, mortgage brokers, credit unions and other lenders have historically determined the placement of mortgage insurance written on flow basis and as a result are the customers of MGIC. To obtain primary insurance from MGIC written on flow basis, a mortgage lender must first apply for and receive a mortgage guaranty master policy (“Master Policy”) from MGIC.

Competition. For flow business, MGIC and other private mortgage insurers compete directly with federal and state governmental and quasi-governmental agencies, principally the FHA and, to a lesser degree, the Veterans Administration (“VA”).

   Company Address: 250 E. Kilbourn Avenue Milwaukee, 53202 WI
   Company Phone Number: 347-6480   Stock Exchange / Ticker: NYSE MTG
   MTG is expected to report next financial results on August 03, 2022.

Customers Net Income grew by MTG's Customers Net Profit Margin grew to

20.04 %

22.21 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

5 Days Decrease / Increase
ACGL        1.97% 
RDN        0.33% 
NMIH      0% 
MBI   -1.75%    
ESNT   -1.58%    
AIG   -1.63%    
• View Complete Report

Quoin Pharmaceuticals Ltd

Deficit Widen but Revenues Unchanged

In the fiscal fourth quarter of 2021 Quoin Pharmaceuticals Ltd posted a loss of $-0.01 per share compared to $0.02 a year ago and from $0.00 per share from the previous quarter.

Kyocera Corp

Kyocera Corp declared important Top-line progress in the fourth quarter of 2016 earnings season

Kyocera Corp faced contraction in eps, despite Sales growth in the fourth quarter of 2016 earnings season, income fell by -21.3 % to $2.03 per share, while Sales increased in double digits by 10.84% to $14.43 billions, from the same quarter a year ago.

Golar Lng Partners Lp

A minor decline in Sales at Golar Lng Partners Lp in the financial span ending Dec 31 2020

Despite soft demand in the financial span ending Dec 31 2020, company has managed to raise its earnings per share, earnings were up by 25 % to $0.10 per share while Sales fell by -3.46% to $302.09 millions, year on year.

Mereo Biopharma Group Plc

Mereo Biopharma Group Plc reported a similar performance like a year before in the fourth quarter of 2021

In the fourth quarter of 2021 Mereo Biopharma Group Plc lost money of $-0.05 per share compared to $-0.48 a year ago and from $0.00 per share from the previous quarter.

Despegar com Corp

Despegar Com Corp announced that Sales have more than doubled in the fourth quarter of 2021

Despegar Com Corp announced very strong Sales growth of 145.82% year on year to $322.84 millions in the fourth quarter of 2021, but lost money at $-1.64.


Mgic Investment's Segments
• View Complete Report

Mgic Investment's Operating Statistics Decrease / Increase
• View Complete Report


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production


Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales


Event Calendar

MOBL's Profile

Stock Price

MOBL's Financials

Business Description


Charts & Quotes

MOBL's News


MOBL's Competitors

Customers & Markets

Economic Indicators

MOBL's Growth

Company Segments


Stock Performance

Growth Rates




Financial Strength


Largest Companies

Management Effectivness


At a Glance


Growth Rates



Financial Strength


At a Glance



Sectors & Industries






About us


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.    Copyright © 2022 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071