MGIC Investment (MTG)

• Market cap: $6.38B
• 1 day: -0.19%
• 5 days: 2.25%
• 1 month: 0.98%
• 3 months: 19.02%
• 6 months: 9.37%
• Year to date: 13.43%
• 1 year: 28.10%
• 5 years: 205.46%
• 10 years: 140.59%
• Sector: Financials
• Industry: Specialty - Insurance

About: MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.

Employees: 555

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

111% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 35

50% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2024] → 6 (+2) [Q1 2025]

17% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 139

7% more funds holding

Funds holding: 407 [Q4 2024] → 437 (+30) [Q1 2025]

2% less capital invested

Capital invested by funds: $5.73B [Q4 2024] → $5.61B (-$121M) [Q1 2025]

2.02% less ownership

Funds ownership: 95.38% [Q4 2024] → 93.37% (-2.02%) [Q1 2025]

53% less call options, than puts

Call options by funds: $334K | Put options by funds: $713K

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $26 3% downside
• Avg. target: $27 1% upside
• High target: $28 4% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

Compass Point Giuliano Bologna	4% upside $28	Neutral Maintained	23 May 2025
Keefe, Bruyette & Woods Bose George	3% downside $26	Market Perform Maintained	8 Apr 2025