MGIC Investment Corporation

At MGIC, we are committed to helping our customers succeed. Affordable homeownership remains a cornerstone of a strong and vibrant community. As the pioneer of the modern private mortgage insurance industry, Mortgage Guaranty Insurance Corporation (MGIC), the primary subsidiary of MGIC Investment Corp., has supported lenders and their communities for nearly 60 years by providing a prudent means of offering affordable, low-downpayment home financing options. #WeAreMGIC MGIC is the principal subsidiary of MGIC Investment Corporation, headquartered in Milwaukee, Wisconsin and serves lenders throughout the United States, Puerto Rico and other locations.
Type
Public
HQ
Milwaukee, US
Founded
1957
Size (employees)
823 (est)+3%
Website
mgic.com
MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, US

MGIC Investment Corporation Office Locations

MGIC Investment Corporation has offices in Milwaukee, Salt Lake City, Baltimore, San Diego and in 2 other locations
Milwaukee, US (HQ)
250 E Kilbourn Ave

MGIC Investment Corporation Metrics

MGIC Investment Corporation Financial Metrics

Revenue (2016)

$1.1 b

Revenue growth (2015-16), %

2%

Net income (2016)

$342.5 m

Market capitalization (21-Mar-2017)

$3.5 b

Closing share price (21-Mar-2017)

$10.4

Cash (31-Dec-2016)

$155.4 m
MGIC Investment Corporation's current market capitalization is $3.5 b.
MGIC Investment Corporation's revenue was reported to be $1.1 b in FY, 2016 which is a 2.1% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$1 b$941.8 m$1 b$1.1 b

Revenue growth, %

(9%)11%2%

Net Income

($49.8 m)$251.9 m$1.2 b$342.5 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$332.7 m$197.9 m$181.1 m$155.4 m

Accounts Receivable

Inventories

Total Assets

$5.6 b$5.3 b$5.9 b$5.7 b

Accounts Payable

Common Stock

$340 m$340 m$340.1 m$359.4 m

Additional Paid-in Capital

$1.7 b$1.7 b$1.7 b$1.8 b

Retained Earnings

($1.1 b)($852.5 m)$290 m$632.6 m

Total Equity

$744.5 m$1 b$2.2 b$2.5 b

Financial Leverage

7.5 x5.1 x2.6 x2.2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($49.8 m)$251.9 m$1.2 b$342.5 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

($971.5 m)($410 m)$152 m$219.7 m

Purchases of PP&E

($4.6 m)($10.6 m)

Cash From Investing Activities

($854.1 m)$296.9 m($97 m)($93.4 m)

Long-term Borrowings

($17.2 m)($21.8 m)($74 m)

Cash From Financing Activities

$1.1 b($21.8 m)($71.8 m)($152 m)

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