Company MGIC Investment Corporation

Equities

MTG

US5528481030

Property & Casualty Insurance

Market Closed - Nyse 04:00:02 2024-04-25 pm EDT 5-day change 1st Jan Change
20.36 USD +0.05% Intraday chart for MGIC Investment Corporation +3.98% +5.55%

Business Summary

MGIC Investment Corporation is a holding company. The Company, through its wholly owned subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The Company's mortgage insurance product offers Primary Insurance and Pool and Other Insurance. Primary insurance provides mortgage default protection on individual loans and covers a percentage of the unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. Pool insurance is generally used as an additional credit enhancement for certain secondary market mortgage transactions. Pool insurance generally covers the amount of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage.

Number of employees: 627

Sales per Business

USD in Million2022Weight2023Weight Delta
Mortgage Insurance
100.0 %
1,173 100.0 % 1,155 100.0 % -1.51%

Sales per region

USD in Million2022Weight2023Weight Delta
United States, Puerto Rico and Guam
100.0 %
1,173 100.0 % 1,155 100.0 % -1.51%

Managers

Managers TitleAgeSince
Chief Executive Officer 48 05-12-31
Director of Finance/CFO 40 13-12-31
President 57 97-12-31
Chairman 71 81-12-31
Chief Tech/Sci/R&D Officer 60 14-10-31
Investor Relations Contact - -
Treasurer - 13-12-31
Comptroller/Controller/Auditor 50 14-03-02
Human Resources Officer - -
General Counsel 55 18-07-15

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 12-01-30
Director/Board Member 60 18-10-25
Chief Executive Officer 48 05-12-31
Director/Board Member 73 13-07-24
Chairman 71 81-12-31
Director/Board Member 73 00-12-31
Director/Board Member 67 14-01-26
Director/Board Member 54 19-10-23
Director/Board Member 71 19-10-23
Director/Board Member 59 22-04-27

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 368,528,667 266,086,235 ( 72.20 %) 98,859,000 ( 26.83 %) 72.20 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
14.42 %
38,899,017 14.42 % 870 M $
BlackRock Advisors LLC
8.884 %
23,958,345 8.884 % 536 M $
JPMorgan Investment Management, Inc.
5.458 %
14,717,682 5.458 % 329 M $
Dimensional Fund Advisors LP
5.345 %
14,412,658 5.345 % 322 M $
Dimensional Fund Advisors LP
5.345 %
14,412,645 5.345 % 322 M $
First Trust Advisors LP
4.475 %
12,067,181 4.475 % 270 M $
LSV Asset Management
4.008 %
10,808,716 4.008 % 242 M $
9,687,593 3.592 % 217 M $
Wellington Management Co. LLP
3.513 %
9,473,747 3.513 % 212 M $
Brandywine Global Investment Management LLC
2.568 %
6,924,588 2.568 % 155 M $

Company contact information

MGIC Investment Corp.

MGIC Plaza 270 East Kilbourn Avenue

53202-3102, Milwaukee

+414 347 6480

http://mtg.mgic.com
address MGIC Investment Corporation(MTG)

Group companies

NameCategory and Sector
Multi-Line Insurance
  1. Stock Market
  2. Equities
  3. MTG Stock
  4. Company MGIC Investment Corporation