MGIC Investment Corporation (MTG)

USD 23.38

(-3.75%)

Market Cap (In USD)

5.92 Billion

Revenue (In USD)

1.15 Billion

Net Income (In USD)

712.94 Million

Avg. Volume

1.61 Million

Currency
USD
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
18.68-26.56
PE
-
EPS
-
Beta Value
1.273
ISIN
US5528481030
CUSIP
552848103
CIK
876437
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Insurance - Specialty
CEO
Mr. Timothy James Mattke
Employee Count
-
Website
https://mtg.mgic.com
Ipo Date
1991-08-07
Details
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage 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. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.