MGIC Investment Expectations for 2026 | Price, Valuation & Forecast

MGIC Investment

NYSE:MTG

$ 25,72

$-0,39 (-1,49%)

25,72 $

$-0,39 (-1,49%)

End-of-day quote: 03/27/2026

MGIC Investment Stock Value

The analyst rating for NYSE:MTG is currently Hold.

Hold

MGIC Investment Company Info

EPS Growth 5Y

18,92%

Market Cap

$5,62 B

Long-Term Debt

$0,65 B

Short Interest

3,58%

Quarterly earnings

04/30/2026 (E)

Dividend

$0,59

Dividend Yield

2,30%

Founded

1957

Industry

Financials

Country

United States

ISIN Number

US5528481030

Website

http://mtg.mgic.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$28,00

8.86%

Last Update: 03/26/2026

Analysts: 6

Highest Price Target $30,00

Average Price Target $28,00

Lowest Price Target $27,00

In the last five quarters, MGIC Investment’s Price Target has risen from $25,04 to $27,00 - a 7,83% increase. Five analysts predict that MGIC Investment’s share price will increase in the coming year, reaching $28,00. This would represent an increase of 8,86%.

Top growth stocks in the financials sector (5Y.)

What does MGIC Investment do?

MGIC Investment Corporation, through its wholly-owned subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. As of December 31, 2024, the company’s principal mortgage insurance subsidiary, Mortgage Guaranty Insurance Corporation (‘MGIC’), was licensed in all 50 states of the United States, the District of Columbia, Puerto Rico, and Guam. During 2024, the company wrote new insurance in each of those jurisdictions. 2025 Busines...

MGIC Investment Corporation, through its wholly-owned subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services.

As of December 31, 2024, the company’s principal mortgage insurance subsidiary, Mortgage Guaranty Insurance Corporation (‘MGIC’), was licensed in all 50 states of the United States, the District of Columbia, Puerto Rico, and Guam. During 2024, the company wrote new insurance in each of those jurisdictions.

2025 Business Strategies

The company’s business strategies continue to be to maximize the value it creates through its mortgage credit enhancement activities; differentiate itself through its customer experience; establish a competitive advantage through its digital and analytical capabilities; excel at acquiring, managing, and distributing mortgage credit risk; and foster an environment that embraces diversity.

Products and Services

Mortgage Insurance

In general, there are two principal types of private mortgage insurance: ‘primary’ and ‘pool.’

Primary Insurance

Primary insurance provides mortgage default protection on individual loans and covers a percentage of the unpaid loan principal, delinquent interest, and certain expenses associated with the default and subsequent foreclosure on the mortgage, or sale of the underlying property (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 or sale 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 is generally written on first mortgage loans secured by owner-occupied ‘single-family’ homes, which are one-to-four family homes and condominiums.

For loans sold to a GSE, the coverage percentage must comply with the requirements established by the particular GSE to which the loan is delivered. The GSEs have different loan purchase programs that allow different levels of mortgage insurance coverage. In 2024, a substantial majority of the company’s volume was on loans with GSE standard or higher coverage.

For loans that are not sold to the GSEs, the lender determines the coverage percentage from those that the company offers. Higher coverage percentages generally result in increased severity, which is the amount paid on a claim. The company charges higher premium rates for higher coverage percentages.

Mortgage insurance for loans secured by one-family, primary residences can be canceled under the Homeowners Protection Act (‘HOPA’).

CRT and Pool Insurance

In connection with the GSEs' credit risk transfer programs, the company provides insurance and reinsurance covering portions of the credit risk related to certain reference pools of mortgages acquired by the GSEs.

Other Products and Services

Contract Underwriting

A non-insurance subsidiary of the company provides contract underwriting services for lenders, pursuant to which loans are underwritten to conform to prescribed guidelines. The guidelines might be the lender's own guidelines, or the guidelines of Fannie Mae, Freddie Mac, or a non-GSE investor. These services are provided for loans that require private mortgage insurance, as well as for loans that do not require private mortgage insurance.

Customers

Originators of residential mortgage loans, such as savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders have historically determined the placement of mortgage insurance written and, as a result, are the company’s customers. The company’s top 10 customers generated 37% of its NIW (New Insurance Written is the aggregate original principal amount of the mortgages that are insured during a period) in 2024.

Sales and Marketing

The company’s employees sell its insurance products throughout the United States, Puerto Rico, and Guam.

Competition

The company and other private mortgage insurers compete directly with federal and state government and quasi-governmental agencies, principally the FHA and the VA.

Regulations

The company is indirectly, but significantly, impacted by regulations affecting purchasers of mortgage loans, such as the Government Sponsored Enterprise. Collectively, Fannie Mae and Freddie Mac (GSEs), and regulations affecting government insurers, such as the Federal Housing Administration (FHA) and the U.S. Department of Veterans Affairs (VA), and lenders.

History

MGIC Investment Corporation, a Wisconsin corporation, was founded in 1957.

MGIC Investment Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Main source of income:** Mortgage insurance **Top 3 markets:** 1. California: approx. 20% 2. Texas: approx. 15% 3. Florida: approx. 12% MGIC Investment Corporation generates the majority of its revenue from providing mortgage insurance. These insurances protect lenders from losses that ma...

At which locations are the company’s products manufactured?

**Production Sites:** No physical production sites MGIC Investment Corporation is a provider of private mortgage insurance and does not have any physical production sites, as it is a financial services company. The main activities of the company include providing insurance services and financial so...

What strategy does MGIC Investment pursue for future growth?

**Revenue Growth:** Estimated 6-8% annually (2025) MGIC Investment Corporation pursues a growth strategy focusing on diversifying its services and strengthening its market position. The company plans to further expand its presence in the mortgage insurance sector by introducing innovative insurance...

Which raw materials are imported and from which countries?

**Commodities/Materials:** No specific commodities MGIC Investment Corporation is a company operating in the mortgage insurance sector. As a financial services provider, it does not import physical commodities or materials, as its business model is based on providing financial services rather than...

How strong is the company’s competitive advantage?

**Market share:** 18% (estimated, 2025) **Return on equity (ROE):** 13.5% (2024) **Cost advantage:** Lower operating costs compared to industry average MGIC Investment Corporation has a significant competitive advantage due to its strong market position in the private mortgage insurance secto...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approx. 92% (2025, estimated based on historical trends) **Insider Buys/Sells:** No significant transactions in the last year (2025, estimated) The institutional investor share at MGIC Investment Corporation is traditionally high, indicating the trust of large inv...

What percentage market share does MGIC Investment have?

**Market share of MGIC Investment Corporation:** Approx. 18% (2025, estimated) **Main competitors and their market shares:** 1. **Radian Group Inc. (NYSE:RDN):** Approx. 16% 2. **Essent Group Ltd. (NYSE:ESNT):** Approx. 15% 3. **NMI Holdings Inc. (NASDAQ:NMIH):** Approx. 12% 4. **Genworth Mortgage...

Is MGIC Investment stock currently a good investment?

**Revenue Growth:** 4.5% (2024) **Profit Growth:** 3.8% (2024) **Return on Equity:** 12.5% (2024) MGIC Investment Corporation recorded a moderate revenue growth of 4.5% in 2024, indicating stable demand for mortgage insurance. The profit growth of 3.8% shows that the company is able to effectively...

Does MGIC Investment pay a dividend – and how reliable is the payout?

**Dividend Yield:** 2.5% (estimated for 2025) **Dividend History:** Continuous payouts over the last 5 years MGIC Investment Corporation has regularly distributed dividends to its shareholders in recent years. The dividend yield is currently estimated at 2.5%, which can be considered stable compare...

New support ticket

Explore

MGIC Investment Stock Value

MGIC Investment Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the financials sector (5Y.)

What does MGIC Investment do?

MGIC Investment Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

MGIC Investment Stock Value

MGIC Investment Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the financials sector (5Y.)

What does MGIC Investment do?

MGIC Investment Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.