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MGIC Investment Corporation

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, the District of Columbia, 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 pool insurance for secondary market mortgage transactions; and 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.

Market Cap

$6.5B

Volume

1.8M

Cash and Equivalents

$288.6M

EBITDA

$1.0B

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$1.0B

Profit Margin

86.77%

52 Week High

$26.56

52 Week Low

$18.68

Dividend

2.02%

Price / Book Value

1.24

Price / Earnings

9.09

Price / Tangible Book Value

1.24

Enterprise Value

$6.9B

Enterprise Value / EBITDA

6.72

Operating Income

$999.5M

Return on Equity

15.03%

Return on Assets

9.60

Cash and Short Term Investments

$288.6M

Debt

$644.3M

Equity

$5.3B

Revenue

$1.2B

Unlevered FCF

$654.9M

Sector

Financial Services

Category

N/A

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