MTG is the ticker symbol for MGIC INVESTMENT CORP, a publicly traded Financials sector company listed on NYSE. 13F Pro tracks MTG with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is MTG a good stock to buy?

13F Pro's AI ranking engine scores MTG at 57.2/100, ranked #1,104 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for MTG is available at https://13fpro.ai/company/MTG. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source MTG data?

All MGIC INVESTMENT CORP fundamentals and ownership data come directly from SEC EDGAR. MGIC INVESTMENT CORP files with the SEC under CIK 876437. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

MGIC INVESTMENT CORP MTG

NYSEMid CapFinancials

13F Pro quality score

Rank #1,104 of 2,925TOP 50%

Why it scores 57 Financials peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$295.39M

Quarter to Jun 30

Net income

$182.15M

Quarter to Jun 30

Free cash flow

$184.49M

Quarter to Jun 30

Operating margin

77.8%

Quarter to Jun 30

Top Institutional Holders

as of Q2 2026

$5.78B total

BlackRock, Inc.

$618.47M-5.2%

VANGUARD PORTFOLIO MANAGEMENT LLC

$491.60M-2.9%

DIMENSIONAL FUND ADVISORS LP

$389.26M+1.1%

AQR CAPITAL MANAGEMENT LLC

$316.85M+2.5%

JPMORGAN CHASE & CO

$313.04M-1.0%

LSV ASSET MANAGEMENT

$274.89M-1.5%

VANGUARD CAPITAL MANAGEMENT LLC

$269.24M-1.4%

STATE STREET CORP

$214.11M-3.0%

AMERICAN CENTURY COMPANIES INC

$203.08M+21.6%

FIRST TRUST ADVISORS LP

$128.10M+6.0%

GEODE CAPITAL MANAGEMENT, LLC

$123.88M-2.8%

Allianz Asset Management GmbH

$122.21M+1.1%

NORTHERN TRUST CORP

$116.84M-1.6%

CAISSE DE DEPOT ET PLACEMENT DU QUEBEC

$98.07M-7.4%

GOLDMAN SACHS GROUP INC

$89.25M+19.9%

NORGES BANK

$82.53M--

FRANKLIN RESOURCES INC

$74.07M-22.6%

NewEdge Wealth, LLC

$71.37M+3.2%

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$64.56M-2.4%

Invesco Ltd.

$60.26M-18.5%

MORGAN STANLEY

$60.07M-17.5%

VIRGINIA RETIREMENT SYSTEMS ET Al

$59.84M+102.7%

ASSETMARK, INC

$53.17M-2.1%

Bank of New York Mellon Corp

$51.06M-6.5%

Quantinno Capital Management LP

$50.17M+18.5%

See all 511 institutional holders →

What's Driving MTG's Business? Latest 10-Q Breakdown

17/17 datapoints verified

AI-extracted from the 10-Q filed 2026-07-29 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Net income fell 5% to $182.1M as losses incurred surged to $11.0M from a loss of $2.8M YoY, driven by higher delinquencies and severity.

Biggest Revenue Drivers

Net premiums earned$238.1M-3% YoY

Decrease primarily driven by increase in ceded premiums written under reinsurance transactions.

Net investment income$59.5M-3% YoY

Slight decline in portfolio yield and size effects.

Biggest Revenue Drivers

Total revenue: $295.4M-3% YoY

Net premiums earned$238.1M-3% YoY

Decrease primarily driven by increase in ceded premiums written under reinsurance transactions.

Net investment income$59.5M-3% YoY

Slight decline in portfolio yield and size effects.

Net gains (losses) on investments and other financial instruments($2.2M)

Losses on fixed income securities sales and embedded derivatives on Home Re Transactions.

Largest Expense Items

Losses incurred, net$11.0M+488% YoY

Increase in new delinquencies reported and estimated severity on current year delinquencies, partially offset by favorable development on prior years.

Underwriting and other expenses, net$44.3M-12% YoY

Decrease primarily attributable to lower outside service expenses and employee costs.

Interest expense$8.9M0%

Reflects interest on 5.25% Senior Notes due August 2028.

Margins: Operating margins compressed as losses incurred more than tripled YoY despite 3% revenue decline. Loss ratio widened to 4.6% from negative 1.2%, offset partially by 12% reduction in underwriting expenses as a percentage of premiums earned.

Watch Items from the Filing

Delinquency inventory at 26,152 loans with 2.37% delinquency rate; concentrated in Florida (2,240), Texas (2,110), and Illinois (1,700), with judicial foreclosure states representing material portion.
New delinquencies surged 4% YoY to 12,433 in Q2; average severity per claim paid increased to $54.7K from $36.5K YoY, signaling deteriorating underwriting cohorts.
PMIERs Available Assets of $5.6B exceed Minimum Required Assets by $2.7B; compliance maintained but delinquent loans require significantly higher capital under PMIERs formula.
Annual Persistency declined to 83.3% from 84.7% YoY; refinancing/cancellation activity remains key variable affecting premium yield and in-force portfolio composition.
79.6% of primary RIF subject to QSR reinsurance transactions with quota shares ranging 10%-40%; material reliance on reinsurer counterparties and PMIERs credit for capital relief.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →

Key Metrics

Revenue

Q2 2026

EDGAR

Net Income

Q2 2026

EDGAR

EPS (Diluted)

Q2 2026

EDGAR

Operating Margin

Q2 2026

EDGAR

ROIC

Q2 2026

EDGAR

Free Cash Flow

Q2 2026

EDGAR

Financial Trends

Revenue & Net Income

13fpro.ai/company/MTG

Earnings Per Share

13fpro.ai/company/MTG

Loading ratio trend…

MGIC INVESTMENT CORP reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2025	10-K	$1.2B	$738.3M	76.5%
FY 2024	10-K	$1.2B	$763.0M	80.2%
FY 2023	10-K	$1.2B	$712.9M	78.1%
FY 2022	10-K	$1.2B	$865.3M	92.9%
FY 2021	10-K	$1.2B	$635.0M	67.6%
FY 2020	10-K	$1.2B	$446.1M	46.6%

About MGIC INVESTMENT CORP (MTG): stock profile, AI score and financials

MGIC INVESTMENT CORP (MTG) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores MTG at 57.2/100 on a composite quality score built from its SEC filings, placing it at rank #1,104 of 2,925 stocks — the top half of the AI-ranked universe. MTG scores in the top quartile across profitability (97.9), free cash flow (96.8), balance sheet strength (87.0). Areas of concern include revenue growth (27.1) and earnings quality (31.6), which score below median versus the broader universe. Shareholder dilution risk is elevated at 39.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), MGIC INVESTMENT CORP reports quarterly revenue of $295.4M, net income of $182.1M, an operating margin of 77.8%. MTG trades on the NYSE exchange and files with the SEC under CIK 876437. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MTG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for MGIC INVESTMENT CORP directly from SEC EDGAR.

SEC EDGAR: CIK 876437 →

MGIC INVESTMENT CORP MTG

Top Institutional Holders

What's Driving MTG's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

MTG key financials by period

MTG insiders

About MGIC INVESTMENT CORP (MTG): stock profile, AI score and financials

MGIC INVESTMENT CORP MTG

Top Institutional Holders

What's Driving MTG's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

MTG key financials by period

Companies similar to MTG

MTG insiders

About MGIC INVESTMENT CORP (MTG): stock profile, AI score and financials