Is MGIC Investment Corporation overvalued?

MGIC Investment Corporation (MTG) looks fairly valued — trading about 11% below its fair value.

Fairly valued

Price

$30.84

Fair value

$34.19

Current P/E

9.8

Normal P/E

10.8

Market cap

$6.33B

Dividend yield

2.0%

Return on equity

13.9%

Sector

Financial Services

Fair value compares MTG's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.

Related stocks