MTG Stock Summary and Trading Ideas (Mgic Investment | NYSE:MTG)

MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection account for close to the majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia, and New York.

What symbol and exchange does Mgic Investment shares trade?

Mgic Investment trades on the NYSE stock market under the symbol MTG.

What is Mgic Investment stock price doing today?

As of August 21, 2026, MTG stock price climbed to $30.90 with 1,294,805 million shares trading.

What is Mgic Investment's Beta?

MTG has a beta of 0.17, meaning it tends to be less sensitive to market movements. MTG has a correlation of 0.01 to the broad based SPY ETF.

How much is Mgic Investment worth?

MTG has a market cap of $6.34 billion. This is considered a Mid Cap stock.

How much money does Mgic Investment make?

Last quarter Mgic Investment reported $295 million in Revenue and $.87 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.11.

What is the highest and lowest price Mgic Investment traded in the last 3 year period?

In the last 3 years, MTG traded as high as $31.89 and as low as $16.30.

What are the top ETFs holding Mgic Investment?

The top ETF exchange traded funds that MTG belongs to (by Net Assets): IJH, VTI, AVUV, VB, SDVY.

Is Mgic Investment (MTG) a good investment?

MTG has underperformed the market in the last year with a return of +14.5%, while SPY returned +21.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MTG shares. However, MTG has outperformed the market in the last 3 month and 2 week periods, returning +18.7% and +1.4%, while SPY returned +3.4% and -1.0%, respectively. This indicates MTG has been having a stronger performance recently.

What are the support and resistance levels for Mgic Investment (MTG)?

MTG support price is $30.24 and resistance is $31.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MTG shares will trade within this expected range on the day.