MGIC Investment Corporation

MGIC Investment Corporationverified

MTG

Price:

$24.46

Market Cap:

$6.34B

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, 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 contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brok...[Read more]

Industry

Insurance - Specialty

IPO Date

1991-08-07

Stock Exchange

NYSE

Ticker

MTG

The ROE as of November 2024 (TTM) for MGIC Investment Corporation (MTG) is 14.82%

According to MGIC Investment Corporation’s latest financial reports and current stock price. The company's current ROE is 14.82%. This represents a change of 300.11% compared to the average of 3.70% of the last 4 quarters.

MGIC Investment Corporation (MTG) Historical ROE (quarterly & annually)

How has MTG ROE performed in the past?

The mean historical ROE of MGIC Investment Corporation over the last ten years is 19.10%. The current 14.82% ROE has changed -22.41% with respect to the historical average. Over the past ten years (40 quarters), MTG's ROE was at its highest in in the September 2015 quarter at 38.30%. The ROE was at its lowest in in the June 2020 quarter at 0.32%.

Quarterly (TTM)
Annual

Average

19.10%

Median

14.85%

Minimum

9.49%

Maximum

52.41%

MGIC Investment Corporation (MTG) ROE by Quarter and Year

Discovering the peaks and valleys of MGIC Investment Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 115.70%

Maximum Annual ROE = 52.41%

Minimum Annual Increase = -462.92%

Minimum Annual ROE = 9.49%

Quarterly (TTM)
Annual
YearROEChange
202314.06%-24.58%
202218.64%42.70%
202113.06%37.59%
20209.49%-39.28%
201915.64%-16.42%
201818.71%65.88%
201711.28%-16.08%
201613.44%-74.36%
201552.41%115.70%
201424.30%-462.92%

MGIC Investment Corporation (MTG) Average ROE

How has MTG ROE performed in the past?

The current ROE of MGIC Investment Corporation (MTG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

15.25%

5-year avg

14.18%

10-year avg

19.10%

MGIC Investment Corporation (MTG) ROE vs. Peers

How is MTG’s ROE compared to its peers?

MGIC Investment Corporation’s ROE is less than MBIA Inc. (28.92%), less than NMI Holdings, Inc. (49.80%), less than Essent Group Ltd. (13.81%), less than Assured Guaranty Ltd. (13.01%), less than Employers Holdings, Inc. (13.10%), greater than James River Group Holdings, Ltd. (-15.60%), less than ICC Holdings, Inc. (9.29%), less than Radian Group Inc. (13.29%), less than Ambac Financial Group, Inc. (5.67%), less than AMERISAFE, Inc. (20.32%), less than Investors Title Company (10.99%),

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