MTG · Mgic Investment Corp
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Adjusted net operating income non-GAAP | $183.7M | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Net income 182.15M
+1.55M Net realized investment (gains) losses
= Adjusted net operating income 183.7M
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| Adjusted net operating income per diluted share non-GAAP | $0.87 | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Net income per diluted share $0.86
+$0.01 Net realized investment (gains) losses
= Adjusted net operating income per diluted share $0.87
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| Annual persistency | 83.3% | Q2 2026 | — |
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| Annualized return on equity | 14.5% | Q2 2026 | — |
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| Book value per common share outstanding | $24.27 | Q2 2026 | — |
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| Holding company liquidity | $930M | Q2 2026 | — |
| In force portfolio yield | 37.8 | Q2 2026 | — |
| Insurance in force | 304.8B | Q2 2026 | — |
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| Loss ratio | 4.6% | Q2 2026 | — |
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| Net premium yield | 31.3 | Q2 2026 | — |
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| New insurance written (NIW) | 17.8B | Q2 2026 | — |
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| PMIERs available assets | $5.6B | Q2 2026 | — |
| PMIERs excess | $2.7B | Q2 2026 | — |
| Primary delinquency inventory | 26,152 | Q2 2026 | — |
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| Primary IIF delinquency rate (count based) | 2.37% | Q2 2026 | — |
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| Tangible book value per share | $25.08 | Q2 2026 | — |
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| Underwriting expense ratio | 19.8% | Q2 2026 | — |
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Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Insurance - Specialty — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
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MTG
this stock
Mgic Investment Corp
|
$6.39B | +6.6% | +0.5% | 9.7 | 4.2% |
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FNF
Fidelity National Financial, Inc.
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$13.18B | -9.4% | +5.6% | — | 3.4% |
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RYAN
Ryan Specialty Holdings, Inc.
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$10.70B | -19.0% | +21.3% | — | 5.2% |
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FAF
First American Financial Corp
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$7.47B | +20.2% | +21.6% | 10.2 | 5.8% |
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AXS
Axis Capital Holdings Ltd
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$7.46B | -6.7% | +10.2% | 7.6 | 2.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MTG | +2.2% | +5.7% | +20.8% | +3.7% | +6.6% |
| SPY | +0.4% | +4.5% | +13.8% | +3.9% | +13.9% |
| vs SPY | +1.8% | +1.3% | +7.1% | -0.2% | -7.2% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.