MTG
28.75 USD
-0.86%
Today
+0.14%
1D
Market is closed
Sun
Closed
Mon
4:30 PM ~ 10:59 PM
Tue
4:30 PM ~ 10:59 PM
Wed
4:30 PM ~ 10:59 PM
Thu
4:30 PM ~ 10:59 PM
Fri
4:30 PM ~ 10:59 PM
Sat
Closed
Information
Name
MGIC Investment
Currency
USD
Market Cap
5.87B
Avg Daily Volume
2.12M
52 Week High
31.89 USD
52 Week Low
24.69 USD
Trading Hours
See hours
Business Summary
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 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. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
Top News
MGIC_Investment
+6.10%
MGIC Investment (MTG) reports Q3: everything you need to know ahead of earnings
tradingview.com
1d ago
MGIC_Investment
+6.10%
MGIC Investment Corporation Stock 12‑Month Price Target Cut to $30.33, Implies 5% Upside
tradingview.com
4d ago
MGIC_Investment
+6.10%
MGIC Investment declares $0.17 dividend
tradingview.com
5d ago
Show more
Frequently Asked Questions
What are financial stocks?
Financial stocks include companies like banks, insurance firms, investment services, and fintechs. They play a critical role in the economy by facilitating credit, investment, and wealth management.
How do interest rates affect financial stocks?
Financials often benefit from rising interest rates, which can increase net interest margins for banks and improve profitability.
Why are financials important in a trading portfolio?
Financial stocks can offer strong dividends, sector stability, and exposure to macroeconomic trends like interest rate policy and GDP growth.
What risks are associated with financial sector investing?
Regulatory changes, credit risk, economic downturns, and interest rate volatility can all impact financial companies' earnings and stock prices.
