Mgic Investment Corp
Mgic Investment Corp (MTG) is listed on NYSE and classified in Insurance - Specialty, part of the Financial Services sector. It is headquartered in Milwaukee, United States and has 542 employees. The company is worth $5.69B and trades at 8.5x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $1.21B in fiscal 2025, up 0.5% from the year before. Net income was $738.35M. The share price is 13.0% below its 52-week high of $31.89. It pays a dividend yielding 2.45%, and has raised its annual dividend for 5 years in a row in our records. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $316.85M. In that quarter, 3 of them opened or added to the position and 1 reduced it. Over the last 30 days, company insiders sold $4.97M of its stock on the open market and bought none. All of those sales were scheduled in advance under 10b5-1 plans.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +97.5% over 5Y.
today you would have $1,939.18▲ +93.9%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $29.22 | $23.71 | $19.29 | $13.00 | $14.42 | $12.55 | $14.17 | $10.46 | $14.11 | $10.19 | $8.83 | $9.32 | $8.44 | $2.66 | $3.73 | $10.19 | $5.78 | $3.48 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 19.5% a year plus a 2.5% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 8.0 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| HLNEHamilton Lane INC | $85.31 | 12.6x | 3.9x | 2.81% | 32.42% | $5.72B |
| AUBAtlantic Union Bankshares Corp | $40.10 | 11.9x | 1.1x | 3.69% | 10.67% | $5.73B |
| WULFTerawulf Inc | $11.32 | — | 38.4x | 0.00% | -1211.81% | $5.65B |
| ASBAssociated Banc-corp | $29.81 |
| P/E | 8.0x | 9.3x | 8.2x | 7.7x | 4.7x | 7.8x | 9.7x | 7.7x | 5.9x | 14.9x | 11.8x | 3.4x | 14.6x | — | — | — | — | — | — |
| P/S | 3.3x | 5.2x | 4.8x | 4.5x | 3.2x | 3.8x | 3.5x | 4.0x | 3.3x | 4.9x | 3.3x | 2.9x | 3.4x | 2.7x | 0.4x | 0.5x | 1.3x | 0.4x | 0.0x |
| P/B | 1.1x | 1.2x | 1.1x | 1.0x | 0.8x | 0.9x | 0.9x | 1.1x | 1.0x | 1.7x | 1.4x | 1.3x | 3.0x | 3.8x | 2.7x | 0.6x | 1.2x | 0.6x | — |
| EPS | $3.14 | $2.89 | $2.49 | $2.79 | $1.85 | $1.29 | $1.85 | $1.78 | $0.95 | $0.86 | $2.60 | $0.64 | -$0.16 | -$4.59 | -$2.42 | -$2.06 | -$10.65 | -$4.61 |
| Dividend yield | 2.00% | 1.92% | 2.07% | 2.23% | 2.77% | 1.94% | 1.91% | 0.85% | — | — | — | — | — | — | — | — | — | — | 2.16% |
| Payout | 16.96% | 17.83% | 16.96% | 17.27% | 12.90% | 15.14% | 18.60% | 6.49% | — | — | — | — | — | — | — | — | — | — | — |
| Profit margin | 35.29% | 60.84% | 63.18% | 61.72% | 73.79% | 53.55% | 37.20% | 55.50% | 59.63% | 33.37% | 32.24% | 112.55% | 26.73% | -4.80% | -67.26% | -32.30% | -23.92% | -77.39% | -30.52% |
| ROE | 13.44% | 14.34% | 14.75% | 14.06% | 18.64% | 13.06% | 9.49% | 15.64% | 18.71% | 11.28% | 13.44% | 52.41% | 24.30% | -6.70% | -470.74% | -40.60% | -21.79% | -101.51% | — |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 5.8% a year against a 7.3% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
+53.3% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 10.2x |
| 1.0x |
| 3.22% |
| 9.70% |
| $5.63B |
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| STEPStepStone Group Inc. | $43.47 | — | — | 3.96% | -61.40% | $5.61B |