MTG MGIC Investment Corporation
NYSE · Financials · Surety Insurance · Market cap $5.8B · $26.95 on 2026-10-02
financial (bank/insurer/broker): OCF-based tests less meaningful
Price moves
Price and total return
Show year-end values
| Year | Price | Dividend-adjusted |
|---|---|---|
| 2016 | $10.19 | $8.63 |
| 2017 | $14.11 | $11.94 |
| 2018 | $10.46 | $8.85 |
| 2019 | $14.17 | $12.11 |
| 2020 | $12.55 | $10.99 |
| 2021 | $14.42 | $12.88 |
| 2022 | $13.00 | $11.92 |
| 2023 | $19.29 | $18.16 |
| 2024 | $23.71 | $22.83 |
| 2025 | $29.22 | $28.73 |
| 2026-10-02 (latest) | $26.95 | $26.95 |
Dividend-adjusted values are back-adjusted to today's price: the gap to the price column is the value of dividends reinvested since then.
$9
$18
$33
$43
$27
Analyst consensus 5 analysts · as of 2026-10-09 · the street vs Rule #1
Contrarian Targets $29 low · $31 mean · $35 high (+17% to the mean)
Rule #1 price says cheap but analysts are cautious. Find out what they fear: it may be the event, or a story change.
$29
$31
$35
$9
$18
$27
Average rating 2.8 of 5 (1 = strong buy, 5 = sell) · hold · EPS growth next year 6% vs windage 10.7%
- 2026-10-05 Barclays kept Equal-Weight, target $28→$29
A price target is a 12-month price opinion, not a valuation. Rule #1 treats analysts as a lead and their growth as a ceiling (077, 093). Source: Yahoo Finance consensus.
Valuation
| Buy (MOS) 50% of Sticker | $9.16 | -66% |
|---|---|---|
| Ten Cap 10× owner earnings − net debt | $32.93 | 22% |
| Payback Time 8-year FCF payback | $42.74 | 59% |
| Sticker Rule #1 intrinsic value | $18.32 | -32% |
| Methods agree price under how many of Ten Cap, Payback, MOS | 2 of 3 | |
| Windage growth g | 10.7% | |
| Future P/E (min 2g, 10y median) | 8.4× | |
| P/E · 10y median | 8.4× | 8.4× |
| EPS TTM 2026-06-30 | $3.20 | |
| FCF yield | 12.2% | |
| Dividend (TTM) · yield | $0.62 | 2.3% |
| Dividend growth 5y, per year | 19.0% | |
| Total return per year, dividends reinvested · 5y · 10y | 14.9% | 13.5% |
| Revenue · net income last FY | $1.2B | $738M |
Big Five 9/15 tests ≥10%
| 10y | 5y | 1y | |
|---|---|---|---|
| ROIC | 12% | 14% | 14% |
| Sales growth | 2% | 0% | 0% |
| EPS growth | 2% | 19% | 9% |
| BVPS growth | 16% | 11% | 12% |
| OCF growth | 18% | 3% | 18% |
| Debt payoff (yrs of FCF) | 0.0 |
Events
next report ~2026-10-28
Next report ≈ 2026-10-28 · SEC filings ·Yahoo Finance