(MTG) MGIC Investment - Ratings and Ratios

MGIC Investment Corporation (NYSE:MTG) is a leading provider of private mortgage insurance and mortgage credit risk management solutions in the United States, the District of Columbia, Puerto Rico, and Guam. The company specializes in offering primary mortgage insurance, which protects lenders from losses due to mortgage defaults by covering unpaid loan principal, delinquent interest, and foreclosure-related expenses. Additionally, MGIC provides pool insurance for secondary market mortgage transactions, contract underwriting services, and reinsurance solutions to further mitigate mortgage credit risk. Its services are tailored for a broad range of residential mortgage loan originators, including commercial banks, savings institutions, mortgage brokers, credit unions, and other financial institutions. Established in 1957, MGIC operates from its headquarters in Milwaukee, Wisconsin, and has a long-standing reputation for innovation and reliability in the mortgage finance industry. The company plays a critical role in enabling lenders to offer competitive mortgage products while managing their risk exposure in a dynamic housing market.

From a technical perspective, MTG is currently trading at $24.22, with a 20-day average volume of 2.26 million shares. The stock is hovering near its key moving averages, with the 20-day SMA at $24.02, the 50-day SMA at $23.93, and the 200-day SMA at $24.31. The Average True Range (ATR) of 0.80 indicates moderate volatility. On the fundamental side, MGIC has a market capitalization of $5.83 billion, with a trailing P/E ratio of 8.31 and a forward P/E of 8.58. The price-to-book (P/B) ratio stands at 1.13, while the price-to-sales (P/S) ratio is 4.83. The companys return on equity (RoE) is 11.65%, reflecting efficient use of shareholder capital.