MGIC Investment Corp
Research MGIC Investment Corp (MTG) on Bullrun: valuation model: 13.1% undervalued, market cap USD 6.45B, P/E 9.8, dividend yield 2.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMTG
- ExchangeNYSE
- CountryUnited States
- SectorFinancial Services
- IndustryInsurance-Specialty
- CurrencyUSD
- Valuation signal13.1% undervalued
- Market capUSD 6.45B
- P/E9.8
- Dividend yield2.0%
- Financial periodQ2 2026
- RevenueUSD 295.39M
- Net incomeUSD 182.15M
- Free cash flowUSD 184.49M
Valuation Snapshot
Bullrun's latest valuation model marks MGIC Investment Corp as 13.1% undervalued; latest market cap is USD 6.45B; P/E is 9.8; dividend yield is 2.0%.
Peer valuation comparison
Latest P/E is 9.76x versus a Financial Services sector median of 13.84x (29.4% below).
Latest dividend yield is 1.99% versus a Financial Services sector median of 3.86% (48.4% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 1.21B | USD 738.35M | USD 851.77M | n/a | 3.14 | USD 368.99M | USD 646.14M | USD 5.15B |
| FY2024 | USD 1.21B | USD 762.99M | USD 723.86M | n/a | 2.89 | USD 229.49M | USD 644.67M | USD 5.17B |
| FY2023 | USD 1.16B | USD 712.95M | USD 710.96M | n/a | 2.49 | USD 363.67M | USD 643.20M | USD 5.07B |
| FY2022 | USD 1.17B | USD 865.35M | USD 646.76M | n/a | 2.79 | USD 327.38M | USD 662.81M | USD 4.64B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 6.45B | 9.8 | 2.0% | 0.62 |
| 2025 | 2025-12-31 | USD 6.41B | 9.3 | 1.9% | 0.56 |
| 2024 | 2024-12-31 | USD 5.89B | 8.2 | 2.1% | 0.5 |
| 2023 | 2023-12-29 | USD 5.35B | 7.8 | 2.3% | 0.44 |
| 2022 | 2022-12-30 | USD 3.86B | 4.9 | 2.8% | 0.36 |
| 2021 | 2021-12-31 | USD 4.62B | 7.8 | 1.9% | 0.28 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.62 USD, yield 2.0%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.56 USD |
| FY2024 | 0.5 USD |
| FY2023 | 0.44 USD |
| FY2022 | 0.36 USD |
About MGIC Investment Corp
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.
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Frequently asked questions
Is MGIC Investment Corp overvalued or undervalued?
Bullrun's valuation model currently marks MGIC Investment Corp as 13.1% undervalued.
What is MGIC Investment Corp's market cap?
MGIC Investment Corp's market capitalization is USD 6.45B.
What is MGIC Investment Corp's P/E ratio?
MGIC Investment Corp's price-to-earnings (P/E) ratio is 9.8.
Does MGIC Investment Corp pay a dividend?
MGIC Investment Corp has a dividend yield of 2.0%.
What does MGIC Investment Corp do?
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.