What is the 13F Pro Quality Score for MTG?

13F Pro ranks MGIC INVESTMENT CORP (MTG) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View MTG's current score at https://13fpro.ai/company/MTG (free sign-up required for the full ranking).

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.

What sector is MTG in?

MGIC INVESTMENT CORP (MTG) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives MTG's revenue?

Per MGIC INVESTMENT CORP's latest 10-Q filed with the SEC on 2026-07-29, the biggest revenue drivers are: Net premiums earned ($238.1M, -3% YoY); Net investment income ($59.5M, -3% YoY); Net gains (losses) on investments and other financial instruments (($2.2M)). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/MTG.

What are MTG's largest expenses?

MGIC INVESTMENT CORP's latest 10-Q reports these as the largest expense items: Losses incurred, net ($11.0M, +488% YoY); Underwriting and other expenses, net ($44.3M, -12% YoY); Interest expense ($8.9M, 0%). Sourced directly from SEC EDGAR filing text for Q2 2026 (quarter ended June 30, 2026).

How often is MTG research updated on 13F Pro?

MTG's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

MGIC INVESTMENT CORP(MTG)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Financials →NYSEmid

Institutional-grade research for retail investors

SEC EDGAR: CIK 876437 MTG stock profile & AI dashboard →

13F Pro Quality Score

56.6/100

Rank #1,146 of 2,960 stocksTOP 50%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

25.5/100

Profitability

98.1/100

Balance Sheet

87.1/100

Earnings Quality

32.8/100

Free Cash Flow

97.0/100

Institutional Flow

44.3/100

Revenue Scale

53.4/100

Dilution Risk

40.2/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why MTG Scores 57/100

exact factor attribution · 2026-09-12

MTG's composite is driven by profitability and free cash flow, held back by revenue growth and earnings quality. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Profitability

+9.6 pts

98th pct

Free cash flow

+7.0 pts

97th pct

Capital efficiency

+5.0 pts

87th pct

Scale

+0.7 pts

53th pct

Institutional flow

-0.4 pts

44th pct

Shareholder dilution

-0.7 pts

40th pct

Earnings growth

-1.1 pts

34th pct

Earnings quality

-1.7 pts

33th pct

Revenue growth

-6.5 pts

26th pct

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

MTG Stock Analysis & AI Quality Score

Data updated 2026-09-12

AI stock analysis and institutional research for MGIC INVESTMENT CORP (MTG), a Financials sector company. 13F Pro's AI-powered ranking engine scores MTG at 56.6/100 on a 32-signal composite quality model, placing it at rank #1,146 of 2,960 stocks — the top half of the AI-ranked universe. MTG scores in the top quartile across profitability (98.1), free cash flow (97.0), balance sheet strength (87.1). Areas of concern include revenue growth (25.5) and earnings quality (32.8), which score below median versus the broader universe. Shareholder dilution risk is elevated at 40.2/100, 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%. Top institutional holders of MTG by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. 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. MGIC INVESTMENT CORP's 13F Pro composite quality score has ranged between 54 and 74 since 2021, currently 56.6 — a declining long-term trajectory across 69 quarterly and live scoring snapshots.

✦

Fun facts about MGIC INVESTMENT CORP

Quirks, history, and lore behind MTG — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. financial services company · mid-cap · listed on the NYSE · headquartered in Milwaukee, Wisconsin.
2
The Numbers
Annual revenue in the range of $1 billion, with a business model that lives and dies by default rates and housing market cycles.
3
The History
Founded in the 1950s, it came of age helping ordinary Americans buy homes with less than 20% down — and nearly didn't survive the 2008 housing collapse.
4
The Secret
It doesn't lend money or sell houses — it sells insurance to lenders, promising to cover losses if a borrower stops paying their mortgage.
5
The Lore
The entire industry it operates in — private mortgage insurance — was essentially invented to make the 30-year fixed mortgage accessible to buyers without a big down payment.
6
The Giveaway
Its ticker is three letters that also happen to be the chemical symbol for mercury, and its initials stand for Mortgage Guaranty Insurance Corporation.

▶ Think you know your stocks? Play the Daily Ticker

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

✓ 17/17 datapoints verified

AI-extracted from MGIC INVESTMENT CORP's 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 →Share on X

Revenue

Q2 2026

$295.4M

Net Income

Q2 2026

$182.1M

Free Cash Flow

Q2 2026

$184.5M

Operating Margin

Q2 2026

77.8%

ROIC

Q2 2026

18.4%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+0.5% YoY

$1.21BFY 2025

FY22 $1.17BFY23 $1.16BFY24 $1.21BFY25 $1.21B

Net Income

-3.2% YoY

$738.3MFY 2025

FY22 $865.3MFY23 $712.9MFY24 $763.0MFY25 $738.3M

EPS (Diluted)

+8.7% YoY

$3.14FY 2025

FY22 $2.79FY23 $2.49FY24 $2.89FY25 $3.14

Total Assets

+1.4% YoY

$6.64BFY 2025

FY22 $6.21BFY23 $6.54BFY24 $6.55BFY25 $6.64B

Total Debt

—FY 2025

FY22 $662.8MFY23 $643.2MFY24 —FY25 —

Op. Cash Flow

+17.6% YoY

$852.8MFY 2025

FY22 $650.0MFY23 $713.0MFY24 $725.0MFY25 $852.8M

Free Cash Flow

+17.7% YoY

$851.8MFY 2025

FY22 $646.8MFY23 $711.0MFY24 $723.9MFY25 $851.8M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.21B +0.5%	$1.21B +4.6%	$1.16B -1.5%	$1.17B -1.1%	$1.19B -1.1%	$1.20B
Net Income	$738.3M -3.2%	$763.0M +7.0%	$712.9M -17.6%	$865.3M +36.3%	$635.0M +42.3%	$446.1M
EPS (Diluted)	$3.14 +8.7%	$2.89 +16.1%	$2.49 -10.8%	$2.79 +50.8%	$1.85 +43.4%	$1.29
Total Assets	$6.64B +1.4%	$6.55B +0.1%	$6.54B +5.2%	$6.21B -15.2%	$7.33B -0.4%	$7.35B
Total Debt	—	—	$643.2M -3.0%	$662.8M -42.2%	$1.15B -7.8%	$1.24B
Operating Cash Flow	$852.8M +17.6%	$725.0M +1.7%	$713.0M +9.7%	$650.0M -6.6%	$696.3M -4.9%	$732.3M
Free Cash Flow	$851.8M +17.7%	$723.9M +1.8%	$711.0M +9.9%	$646.8M -6.6%	$692.2M -5.0%	$729.0M

Get alerted when MTG's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for MGIC INVESTMENT CORP including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of MTG

BlackRock, Inc.
$618.5M21,931,461 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$491.6M17,432,643 sh
DIMENSIONAL FUND ADVISORS LP
$389.3M13,803,323 sh
AQR CAPITAL MANAGEMENT LLC
$316.9M11,267,784 sh
JPMORGAN CHASE & CO
$313.0M11,079,911 sh
LSV ASSET MANAGEMENT
$274.9M9,748,064 sh
VANGUARD CAPITAL MANAGEMENT LLC
$269.2M9,547,384 sh
STATE STREET CORP
$214.1M7,592,399 sh
AMERICAN CENTURY COMPANIES INC
$203.1M7,201,461 sh
FIRST TRUST ADVISORS LP
$128.1M4,542,714 sh

Fund	Value	Shares
BlackRock, Inc.	$618.5M	21,931,461
VANGUARD PORTFOLIO MANAGEMENT LLC	$491.6M	17,432,643
DIMENSIONAL FUND ADVISORS LP	$389.3M	13,803,323
AQR CAPITAL MANAGEMENT LLC	$316.9M	11,267,784
JPMORGAN CHASE & CO	$313.0M	11,079,911
LSV ASSET MANAGEMENT	$274.9M	9,748,064
VANGUARD CAPITAL MANAGEMENT LLC	$269.2M	9,547,384
STATE STREET CORP	$214.1M	7,592,399
AMERICAN CENTURY COMPANIES INC	$203.1M	7,201,461
FIRST TRUST ADVISORS LP	$128.1M	4,542,714

Companies Similar to MTG

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

ESNT

Essent Group Ltd.

AI score

Very similar · 26 shared holders

LSV ASSET MANAGEMENT Edgestream Partners, L.P.Retirement Systems of Alabama

NMIH

NMI Holdings, Inc.

AI score

Similar quality profile · 23 shared holders

Leeward Investments, LLC - MA Edgestream Partners, L.P.Brandywine Global Investment Management, LLC

FHB

FIRST HAWAIIAN, INC.

AI score

Similar quality profile · 16 shared holders

Edgestream Partners, L.P.HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Brandywine Global Investment Management, LLC

SEIC

SEI INVESTMENTS CO

AI score

Similar quality profile · 19 shared holders

CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Arbejdsmarkedets Tillaegspension Brandywine Global Investment Management, LLC

RDN

RADIAN GROUP INC

AI score

Similar quality profile · 22 shared holders

LSV ASSET MANAGEMENT CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Robeco Institutional Asset Management B.V.

DLB

Dolby Laboratories, Inc.

AI score

Similar quality profile · 22 shared holders

Robeco Institutional Asset Management B.V.LSV ASSET MANAGEMENT Vest Financial, LLC

SYF

Synchrony Financial

AI score

Similar quality profile · 20 shared holders

LSV ASSET MANAGEMENT CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Robeco Institutional Asset Management B.V.

ACGL

ARCH CAPITAL GROUP LTD.

AI score

Similar quality profile · 12 shared holders

Robeco Institutional Asset Management B.V.CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Arbejdsmarkedets Tillaegspension

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Financials Companies

View all Financials →

AAAU

Goldman Sachs Physical Gold ETF

AAC

Ares Acquisition Corp III

AACB

Artius II Acquisition Inc.

AACI

Armada Acquisition Corp. III

AACO

Abony Acquisition Corp. I

AACP

Apogee Acquisition Corp

AAME

ATLANTIC AMERICAN CORP

AAMI

Acadian Asset Management Inc.

Put MTG on your watchlist

Track score changes the day MGIC INVESTMENT CORP files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is MTG a good stock to buy?

13F Pro's AI-powered analysis of MGIC INVESTMENT CORP (MTG) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for MTG are available on the MTG stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. MTG is classified as a mid company.

Which hedge funds own MTG?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling MTG. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of MGIC INVESTMENT CORP's investment landscape.