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Upturn AI SWOT - About
MTG 
MGIC Investment Corp (MTG)
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Upturn Advisory Summary
03/27/2025: MTG (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 14.23% | Avg. Invested days 54 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.20B USD | Price to earnings Ratio 8.84 | 1Y Target Price 27.14 |
Price to earnings Ratio 8.84 | 1Y Target Price 27.14 | ||
Volume (30-day avg) 2912645 | Beta 1.28 | 52 Weeks Range 18.85 - 26.42 | Updated Date 04/2/2025 |
52 Weeks Range 18.85 - 26.42 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 2.07% | Basic EPS (TTM) 2.89 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 63.18% | Operating Margin (TTM) 80.81% |
Management Effectiveness
Return on Assets (TTM) 9.59% | Return on Equity (TTM) 14.9% |
Valuation
Trailing PE 8.84 | Forward PE 8.83 | Enterprise Value 6519591472 | Price to Sales(TTM) 5.13 |
Enterprise Value 6519591472 | Price to Sales(TTM) 5.13 | ||
Enterprise Value to Revenue 5.4 | Enterprise Value to EBITDA - | Shares Outstanding 242527008 | Shares Floating 238447156 |
Shares Outstanding 242527008 | Shares Floating 238447156 | ||
Percent Insiders 1.79 | Percent Institutions 102.01 |
Analyst Ratings
Rating 3.29 | Target Price 26.29 | Buy 1 | Strong Buy 1 |
Buy 1 | Strong Buy 1 | ||
Hold 4 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
MGIC Investment Corp
Company Overview
History and Background
MGIC Investment Corporation, founded in 1957, pioneered private mortgage insurance in the United States. It aimed to support homeownership by protecting lenders against losses from borrower defaults. Over time, it has grown into a leading provider of mortgage insurance and related services.
Core Business Areas
- Mortgage Insurance: Provides primary mortgage insurance to lenders, covering losses in case of borrower default.
- Contract Underwriting: Evaluation of loans and assessing the risk.
- Other services: Includes reinsurance and other risk management solutions related to the mortgage market.
Leadership and Structure
The leadership team includes the CEO, CFO, and other key executives responsible for different functional areas. The organizational structure is hierarchical, with departments focused on sales, underwriting, risk management, and finance.
Top Products and Market Share
Key Offerings
- Market Share (%): 25
- Primary Mortgage Insurance: The core product is insurance for residential mortgages, covering lenders against losses if a borrower defaults. MGIC has a significant market share (estimated around 25%), competing with other major insurers. Competitors include RDN, NMIH, and ESSENT.
Market Dynamics
Industry Overview
The mortgage insurance industry is driven by housing market conditions, interest rates, and government regulations. The market is competitive, with a few large players dominating the industry. The industry is currently experiencing volatility due to interest rate hikes and uncertainty in the housing market.
Positioning
MGIC is a leading provider of mortgage insurance with a strong brand reputation and extensive distribution network. Its competitive advantage lies in its underwriting expertise, risk management capabilities, and strong relationships with lenders.
Total Addressable Market (TAM)
The TAM is estimated to be in the hundreds of billions of dollars, encompassing all new mortgage originations that require insurance. MGIC is positioned to capture a significant portion of this TAM through its market presence and relationships.
Upturn SWOT Analysis
Strengths
- Strong brand reputation
- Extensive distribution network
- Experienced underwriting team
- Strong capital position
- Good financial performance
Weaknesses
- Reliance on housing market conditions
- Sensitivity to interest rate changes
- Exposure to regulatory changes
- Susceptible to economic downturns
- Vulnerable to increased competition
Opportunities
- Expansion into new geographic markets
- Development of new products and services
- Growth in the first-time homebuyer market
- Increased demand for low down payment mortgages
- Strategic partnerships with lenders
Threats
- Economic recession
- Rising interest rates
- Increased competition
- Regulatory changes
- Housing market downturn
Competitors and Market Share
Key Competitors
- RDN
- NMIH
- ESNT
Competitive Landscape
MGIC has a strong competitive position due to its brand reputation, distribution network, and underwriting expertise. However, it faces competition from other large players in the industry.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: MGIC has experienced steady growth in revenue and earnings over the past years, driven by increased demand for mortgage insurance.
Future Projections: Analysts project continued growth for MGIC, driven by favorable housing market conditions and increasing demand for mortgage insurance. Growth is expected to be in the low to mid single digits.
Recent Initiatives: Recent initiatives include expanding its distribution network, developing new products, and enhancing its underwriting capabilities.
Summary
MGIC Investment Corp is a strong company in the mortgage insurance industry, benefiting from a solid brand and extensive network. Its financial performance has been consistently growing. They must watch out for any downturn in the housing market which could significantly impact its revenue and financial health.
Similar Companies
ESNT
Essent Group Ltd
ESNT
Essent Group Ltd
NMIH
NMI Holdings Inc
NMIH
NMI Holdings Inc
RDN
Radian Group Inc
RDN
Radian Group Inc
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q)
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is based on publicly available information and analyst estimates, which are subject to change. The information provided is not financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MGIC Investment Corp
Exchange NYSE | Headquaters Milwaukee, WI, United States | ||
IPO Launch date 1991-08-06 | CEO - | ||
Sector Financial Services | Industry Insurance - Specialty | Full time employees 555 | Website https://www.mgic.com/ |
Full time employees 555 | Website https://www.mgic.com/ | ||
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary 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 on the mortgage or sale of the underlying property. It also provides pool insurance for secondary market mortgage transactions; and contract underwriting services, as well as reinsurance services. 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.
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