Highlights
NYSE: MTG       Mgic Investment Corp
Last Price Today's Change   Day's Range   Trading Volume
10.21   +0.01 (0.10%)  10.11 - 10.47  2,409,100

Overview

 
Avg Volume (4 weeks):3,873,260
4 Weeks Range:8.29 - 10.83
4 Weeks Price Volatility (%):
75.59%
52 Weeks Range:4.34 - 15.24
52 Weeks Price Volatility (%):
53.85%
Average Price Target: 8.00
Price Target Upside/Downside: -2.21

Headlines



No recent Headlines for this stock.


Business Background

MGIC provides private mortgage insurance and other services to mortgage lenders, covering them against defaults by homeowners on residential mortgages. The insurance premiums that these customers pay for the protection accounts for close to 90% of the company's total revenue. Investment income accounts for most of the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, and Ohio.

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