Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for MGIC Investment Corporation (MTG:NYSE), powered by AI.
MGIC Investment Corporation is currently trading at $26.37. View real-time AI analysis on Alpha Lenz.
View the latest insider trading data for MGIC Investment Corporation on Alpha Lenz.
MGIC Investment Corporation's P/E ratio is 8.3.
“MGIC Investment Corporation trades at a P/E of 8.3 (undervalued) with solid ROE of 14.3%.”
Ask for details →MGIC Investment Corporation is a leading provider in the mortgage insurance industry. Its primary function is to facilitate home ownership by offering private mortgage insurance to lenders and borrowers, protecting against losses from borrower defaults. Key sectors impacted by MGIC Investment Corporation include residential real estate, banking, and financial services. Mortgage insurance provided by MGIC is crucial during times of economic volatility, ensuring the stability of lending markets by enabling borrowers with smaller down payments to secure home loans. Founded in 1957 and headquartered in Milwaukee, Wisconsin, MGIC has established itself as a pivotal player in enhancing mortgage credit access while maintaining risk management practices. This corporation plays a significant role in the U.S. housing market by fostering both accessibility for new homeowners and confidence among lenders.
“MGIC Investment Corporation trades at a P/E of 8.3 (undervalued) with solid ROE of 14.3%.”
Ask for details →MGIC Investment Corporation (ticker: MTG) is a company listed on NYSE in the Financial Services sector (Insurance - Specialty). It has approximately 555 employees. Market cap is $6.1B.
The current price is $26.37 with a P/E ratio of 8.32x and P/B of 1.19x.
ROE is 14.31%. Annual revenue is $1.2B.