MTG: MGIC Investment Corporation - Summary | Jitta

MGIC Investment Corporation

NYSE:MTG

Price
$25.51
Loss Chance
44.1%
5.87JITTA SCORE
19.18%Over Jitta Line
Jitta Ranking
564 / 702
2,522 / 4,219
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (25)
Recent Business Performance (33)
Financial Strength (75)
Return to Shareholders (83)
Competitive Advantage (50)
Jitta Signs
Revenue and EarningConsistent
Debt LevelLow Liabilities
Return on EquityConsistently High
Dividend PayoutIncreasing Every Year
Share RepurchaseEvery Year
CapExVery Low
Interest Coverage RatioVery Good
Cash Conversion CycleLess than 30 days
Key Stats
Jitta Score
Jitta Line
5.87
19.18%
5.48
75.74%
Commercial and Residential Mortgage Finance
5.75
39.20%
6.11
24.21%
5.87
23.29%
COMPANY DESCRIPTION
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.