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MGIC Investment Corporation

Stock Price

$25.2

2024-10-29

Market Capitalization

$6.5 B

2024-10-29

Revenue

$1.2 B

FY, 2025

MGIC Investment Corporation Summary

Company Summary

Overview
MGIC Investment Corporation provides private mortgage insurance and ancillary services to lenders and government sponsored entities. 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, and other services for the mortgage finance industry, such as analysis of loan originations and portfolios, and mortgage lead generation services, as well as reinsurance arrangements.
Type
Public
Status
Active
Founded
1957
HQ
Milwaukee, WI, US | view all locations
Website
https://www.mgic.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Tim Mattke

    Tim Mattke, Chief Executive Officer

    • Michael Zimmerman, Senior Vice President-Investor Relations

      • Jay Hughes

        Jay Hughes, Executive Vice President of Sales and Business Development

        • Sal Miosi

          Sal Miosi, President and Chief Operating Officer

          Operating MetricsView all

          Insured Loans, units

          1M

          FY, 2016

          Loans in Default, units

          52.2K
          20.2%

          FY, 2016

          In-Force Policies

          998.3K

          FY, 2016

          LocationsView all

          8 locations detected

          • Milwaukee, WI HQ

            United States

            270 E Kilbourn Ave

          • Baltimore, MD

            United States

            Baltimore, MD, USA

          • Nashville, TN

            United States

            Nashville, TN, USA

          • Sacramento, CA

            United States

            Sacramento, CA, USA

          • Salt Lake City, UT

            United States

            Salt Lake City, UT, USA

          • San Diego, CA

            United States

            San Diego, CA, USA

          and 2 others

          MGIC Investment Corporation Financials

          Summary Financials

          Revenue (Q1, 2026)
          $297.1M
          Net income (Q1, 2026)
          $165.3M
          Cash (Q1, 2026)
          $235.1M
          Enterprise value
          $6.9B

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