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 3 other locations
Milwaukee, US (HQ)
250 E Kilbourn Ave

MGIC Investment Corporation Data and Metrics

MGIC Investment Corporation Financial Metrics

MGIC Investment Corporation's revenue was reported to be $1.1 b in FY, 2016 which is a 2% increase from the previous period.
USD

Revenue (FY, 2016)

1.1 b

Revenue growth (FY, 2015 - FY, 2016), %

2%

Net income (FY, 2016)

342.5 m

Market capitalization (26-Jun-2017)

4 b

Closing share price (26-Jun-2017)

10.9

Cash (31-Dec-2016)

155.4 m
MGIC Investment Corporation's current market capitalization is $4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1 b941.8 m1 b1.1 b

Revenue growth, %

(9%)11%2%

Net Income

(49.8 m)251.9 m1.2 b342.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

332.7 m197.9 m181.1 m155.4 m

Total Assets

5.6 b5.3 b5.9 b5.7 b

Common Stock

340 m340 m340.1 m359.4 m

Additional Paid-in Capital

1.7 b1.7 b1.7 b1.8 b

Retained Earnings

(1.1 b)(852.5 m)290 m632.6 m

Total Equity

744.5 m1 b2.2 b2.5 b

Financial Leverage

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

Net Income

(49.8 m)251.9 m1.2 b342.5 m

Cash From Operating Activities

(971.5 m)(410 m)152 m219.7 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)
USDY, 2016

Revenue/Employee

1.3 m

Financial Leverage

2.2 x

MGIC Investment Corporation Market Value History

MGIC Investment Corporation Job Categories

MGIC Investment Corporation Online and Social Media Presence

MGIC Investment Corporation Company Life and Culture

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