Is MGIC Investment Corporation overvalued?

MGIC Investment Corporation (MTG) looks undervalued — trading about 20% below its fair value.

Undervalued

Price

$28.48

Fair value

$34.19

Current P/E

9.0

Normal P/E

10.8

Market cap

$5.84B

Dividend yield

2.1%

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 24 Sep 2026.

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