Is MGIC Investment Corp (MTG) overvalued? · P/E 8.0, rev $1.21B
MGIC Investment Corp (MTG) is a insurance - specialty company listed on US.
This page asks whether MGIC Investment Corp (MTG) looks expensive on cached numbers — not a short thesis.
Latest reported MTG revenue for 2024-12-31 was $1.21B. Net income was $763.0M. Revenue was up 4.6% from 2023-12-31 to 2024-12-31. MTG currently screens at market cap $5.30B and trailing P/E 8.0.
MTG currently screens at market cap $5.30B and trailing P/E 8.0. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next MTG 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the MTG stock page for the full model, not this heading.
Not investment advice.