MTG on NYSE
MGIC INVESTMENT CORP
American surety insurance company based in Milwaukee, incorporated in Wisconsin. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerMTG on NYSE2
- IndustrySurety Insurance2
- HeadquartersMilwaukee, United States2
- Incorporated inWI3
- Business address250 East Kilbourn Avenue, Milwaukee, Wi 532023
- Filer categoryLarge accelerated filer3
- Legal formBusiness Corporation2
- LEI254900S8483WM4M98R282
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O National Registered Agents, Inc., 53703 Madison, United States2
- Registered withCorporation Section (Division of Corporate & Consumer Services, Department of Financial Institutions), 1M238612
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See the "Glossary of terms and acronyms" for definitions and descriptions of terms used throughout this annual report.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs23¢$285.1M
- Income tax16¢$190.2M
- Profit61¢$738.3M
Out of $1.2B in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending0¢$1.0M
- Dividends paid14¢$132.5M
- Share buybacks86¢$788.6M
Out of $852.8M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.2B6 | $1.2B7 | $1.2B8 | $1.2B9 | $1.2B5 | $1.2B5 | $1.2B5 |
| Income before tax | $801.8M8 | $1.1B9 | $902.2M5 | $968.7M5 | $928.5M5 | ||
| Income tax | $174.2M6 | $113.2M7 | $166.8M8 | $224.7M9 | $189.3M5 | $205.7M5 | $190.2M5 |
| Net income | $673.8M6 | $446.1M7 | $635.0M8 | $865.3M9 | $712.9M5 | $763.0M5 | $738.3M5 |
| Earnings per share | $1.916 | $1.317 | $1.908 | $2.839 | $2.515 | $2.925 | $3.175 |
| Earnings per share (diluted) | $1.856 | $1.297 | $1.858 | $2.799 | $2.495 | $2.895 | $3.145 |
| Shares (weighted, basic) | 334.3M shares8 | 305.8M shares9 | 283.6M shares5 | 261.7M shares5 | 233.0M shares5 | ||
| Shares (weighted, diluted) | 351.3M shares8 | 311.2M shares9 | 287.2M shares5 | 264.0M shares5 | 235.1M shares5 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash | $161.8M12 | $288.0M6 | $284.7M7 | $327.4M8 | $363.7M9 | $229.5M5 | $369.0M5 |
| Property, plant and equipment | $45.6M7 | $41.4M8 | $38.8M9 | $35.7M5 | $32.5M5 | ||
| Total assets | $6.2B12 | $7.4B6 | $7.3B7 | $6.2B8 | $6.5B9 | $6.5B5 | $6.6B5 |
| Long-term debt | $832.8M12 | $1.2B6 | $1.1B7 | $662.8M8 | $643.2M8 | ||
| Total liabilities | $1.9B12 | $2.7B6 | $2.5B7 | $1.6B8 | $1.5B9 | $1.4B5 | $1.5B5 |
| Retained earnings | $3.3B7 | $4.0B8 | $4.6B9 | $3.4B5 | $3.3B5 | ||
| Shareholders’ equity | $4.3B6 | $4.7B7 | $4.9B8 | $4.6B9 | $5.1B5 | $5.2B5 | $5.1B5 |
| Shares outstanding | 347.3M shares12 | 338.6M shares6 | 320.3M shares7 | 293.4M shares8 | 272.5M shares9 | 248.4M shares5 | 219.4M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $609.5M6 | $732.3M7 | $696.3M8 | $650.0M9 | $713.0M5 | $725.0M5 | $852.8M5 |
| Depreciation and amortization | $66.0M8 | $54.3M9 | $35.2M5 | $18.4M5 | $6.9M5 | ||
| Stock-based compensation | $17.1M8 | $24.8M9 | $31.6M5 | $31.3M5 | $24.4M5 | ||
| Capital spending | $5.6M6 | $3.3M7 | $4.1M8 | $3.3M9 | $2.0M5 | $1.2M5 | $1.0M5 |
| Free cash flow | $603.9M | $729.0M | $692.2M | $646.8M | $711.0M | $723.9M | $851.8M |
| Cash from investing | -$160.7M8 | $410.5M9 | -$179.2M5 | -$142.0M5 | $228.4M5 | ||
| Dividends paid | $41.9M6 | $82.1M7 | $94.2M8 | $110.9M9 | $123.0M5 | $130.5M5 | $132.5M5 |
| Share buybacks | $125.8M6 | $120.0M7 | $290.8M8 | $385.6M9 | $337.2M5 | $569.5M5 | $788.6M5 |
| Cash from financing | -$527.3M8 | -$1.0B9 | -$496.0M5 | -$719.0M5 | -$940.3M5 | ||
| Dividend per share | $0.0612 |
Leadership
Who has led MGIC INVESTMENT CORP, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerTimothy J. Mattke Jul 26, 2019 to now13
- Chief executive officerPatrick Sinks Feb 26, 2015 to Mar 4, 201914
- Chief executive officerCurt S. Culver Jan 23, 2006 to Feb 10, 201515
- ChairCurt S. Culver Jan 27, 2006 to Feb 10, 201516
- PresidentSalvatore A. Miosi Jul 26, 2019 to now17
- PresidentCurt S. Culver Jan 23, 2006 to Jan 23, 200615
- PresidentPatrick Sinks Jan 27, 2006 to Mar 4, 201918
- Chief financial officerNathaniel H. Colson Jul 25, 2019 to now19
- Chief financial officerTimothy J. Mattke Mar 11, 2014 to Mar 4, 201920
- Chief financial officerJon Michael Lauer Jan 23, 2006 to Feb 11, 201421
- Chief operating officerSalvatore A. Miosi Jul 26, 2019 to now17
- Chief operating officerPatrick Sinks Jan 27, 2006 to Sep 12, 201618
Board members and other officers (44)
- SVP-Chief Information OfficerRobert J. Candelmo Mar 6, 2019 to Mar 11, 202422
- Executive Vice President-LawPaula C. Maggio Jul 18, 2018 to Jul 18, 201823
- SVP - Bus Strat & Field OpsSalvatore A. Miosi Oct 20, 2016 to Mar 4, 201924
- SVP-Sales & Bus. DevelopmentJames J. Hughes Mar 12, 2015 to Mar 1, 202325
- EVP-Chief Risk OfficerStephen C. Mackey Sep 10, 2015 to Mar 6, 201926
- VP-Controller & Chief Acct OffJulie K. Sperber Mar 4, 2014 to now27
- Senior VP & Chief Info OfficerGregory A. Chi Mar 2, 2012 to Mar 4, 201928
- VP - CAO & ControllerTimothy J. Mattke May 29, 2009 to Feb 21, 201429
- Senior Vice PresidentJames A. Karpowicz Jan 23, 2006 to Feb 25, 201330
- Senior Vice PresidentJeffrey H. Lane Jan 23, 2006 to Mar 5, 201831
- SVP, Controller & CAOJoseph J. Komanecki Jan 23, 2006 to May 29, 200932
- Executive Vice PresidentLawrence J. Pierzchalski Jan 23, 2006 to Aug 13, 201533
- Senior VP & Chief Info OfficerMichael G. Meade Jan 23, 2006 to Mar 2, 201234
- Executive Vice PresidentPatrick Sinks Jan 23, 2006 to Dec 13, 201935
- Board memberDaniela O'Leary-Gill Oct 23, 2025 to now36
- Board memberMartin P. Klein Oct 23, 2025 to now37
- Board memberTeresita M. Lowman Apr 28, 2022 to now38
- Board memberAnalisa M. Allen Oct 30, 2020 to now39
- Board memberTimothy J. Mattke Jul 26, 2019 to now13
- Board memberJay C. Hartzell Oct 25, 2019 to now40
- Board memberSheryl L. Sculley Oct 25, 2019 to now41
- Board memberMelissa Lora Jan 24, 2018 to Mar 3, 202242
- Board memberJodee A. Kozlak Oct 26, 2018 to now43
- Board memberPatrick Sinks Feb 26, 2015 to Nov 1, 201914
- Board memberC. Edward Chaplin Jan 29, 2014 to now44
- Board memberDaniel A. Arrigoni Jul 25, 2013 to Mar 6, 202545
- Board memberCassandra C. Carr Oct 24, 2013 to Jun 11, 202046
- Board memberGary A. Poliner Oct 24, 2013 to Mar 2, 202347
- Board memberTimothy A. Holt Jan 31, 2012 to Mar 6, 202548
- Board memberMark Zandi Jul 23, 2010 to now49
- Board memberBruce L. Koepfgen Oct 21, 2010 to Jan 26, 201150
- Board memberDaniel P. Kearney Jan 3, 2006 to Jan 29, 201451
- Board memberKarl E. Case Jan 3, 2006 to Jul 1, 201052
- Board memberKenneth M. Jastrow Ii. Jan 3, 2006 to Mar 4, 202153
- Board memberLeslie M. Muma Jan 3, 2006 to Feb 20, 201454
- Board memberMary K. Bush Jan 3, 2006 to Oct 26, 200655
- Board memberThomas Hagerty Jan 3, 2006 to Feb 20, 201456
- Board memberDavid S. Engelman Jan 17, 2006 to Apr 15, 201157
- Board memberCurt S. Culver Jan 23, 2006 to now15
- Board memberJames A. Abbott Jan 27, 2006 to Feb 20, 201458
- Board memberMichael E. Lehman Jan 27, 2006 to Mar 6, 202559
- Board memberWilliam A. McIntosh Jan 27, 2006 to Feb 20, 201460
- Board memberDonald T. Nicolaisen Oct 26, 2006 to Feb 17, 201661
- General counselPaula C. Maggio Jan 22, 2019 to now62
Timeline
Filings
601 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 35 major events, 467 insider forms, 26 large holders, 53 other. The latest 20:
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 1, 2026144 EDGAR
- Oct 1, 2026144 EDGAR
- Sep 25, 20264 EDGAR
- Sep 24, 2026144 EDGAR
- Sep 2, 20264 EDGAR
- Sep 1, 2026144 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 21, 20264 EDGAR
- Aug 10, 20264 EDGAR
- Aug 7, 2026144 EDGAR
- Aug 6, 20264 EDGAR
The 601 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
31 open-market trades by officers, directors and large owners since October 2021: 1 buys and 30 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 24, 2026 | Colson Nathaniel HOfficer EVP, CFO & CRO | Sale | 20,000 | $29.48 | $589.6K | Form 4 |
| Sep 1, 2026 | Miosi Salvatore APresident & COO | Sale | 30,000 | $30.73 | $921.9K | Form 4 |
| Aug 7, 2026 | Maggio Paula CEVP and General Counsel | Sale | 20,000 | $30.30 | $606.0K | Form 4 |
| Aug 5, 2026 | Mattke Timothy J.Chief Executive Officer | Sale | 137,113 | $30.52 | $4.2M | Form 4 |
| Aug 3, 2026 | Miosi Salvatore APresident & COO | Sale | 30,000 | $29.70 | $891.0K | Form 4 |
| Jul 1, 2026 | Miosi Salvatore APresident & COO | Sale | 30,000 | $28.23 | $846.9K | Form 4 |
| Jun 25, 2026 | Colson Nathaniel HOfficer EVP, CFO & CRO | Sale | 20,000 | $27.10 | $542.0K | Form 4 |
| Jun 8, 2026 | Miosi Salvatore APresident & COO | Sale | 30,000 | $25.38 | $761.4K | Form 4 |
| May 29, 2026 | Maggio Paula CEVP and General Counsel | Sale | 20,937 | $25.55 | $534.9K | Form 4 |
| Apr 2, 2026 | Mattke Timothy J.Chief Executive Officer | Sale | 139,202 | $26.49 | $3.7M | Form 4 |
| Apr 1, 2026 | Miosi Salvatore APresident & COO | Sale | 10,931 | $26.25 | $286.9K | Form 4 |
| Mar 2, 2026 | Miosi Salvatore APresident & COO | Sale | 30,000 | $27.04 | $811.2K | Form 4 |
| Feb 6, 2026 | Maggio Paula CEVP and General Counsel | Sale | 20,000 | $27.51 | $550.2K | Form 4 |
| Feb 2, 2026 | Miosi Salvatore APresident & COO | Sale | 30,000 | $27.27 | $818.1K | Form 4 |
| Jan 13, 2026 | Mattke Timothy J.Chief Executive Officer | Sale | 139,203 | $26.51 | $3.7M | Form 4 |
| Jan 2, 2026 | Miosi Salvatore APresident & COO | Sale | 30,000 | $29.13 | $873.9K | Form 4 |
| Dec 1, 2025 | Miosi Salvatore APresident & COO | Sale | 30,000 | $28.40 | $852.0K | Form 4 |
| Nov 3, 2025 | Miosi Salvatore APresident & COO | Sale | 30,000 | $27.52 | $825.6K | Form 4 |
| Oct 31, 2025 | Maggio Paula CEVP and General Counsel | Sale | 20,000 | $27.44 | $548.8K | Form 4 |
| Oct 7, 2025 | Mattke Timothy J.Chief Executive Officer | Sale | 139,203 | $27.09 | $3.8M | Form 4 |
All 31 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- JPMorgan ChaseSCHEDULE 13G/A, 5 filings Jan 10, 2024 to May 12, 202663
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 30, 202664
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202665
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G/A, 2 filings Feb 9, 2024 to Apr 9, 202666
- VANGUARD GROUP INCSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Mar 27, 202667
- AQR CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Feb 13, 202668
- FIRST TRUST PORTFOLIOS LPSCHEDULE 13G/A, 2 filings Jul 25, 2024 to Apr 28, 202569
- BlackRockSC 13G/A, 1 filing Dec 6, 202470
- Wellington Management CompanySC 13G/A, 3 filings Feb 4, 2022 to Feb 8, 202471
- FMR LLCSC 13G/A, 2 filings Feb 9, 2022 to Feb 9, 202372
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARCurt S. Culver, Chair
- 17SEC EDGARSalvatore A. Miosi, President
- 18SEC EDGARPatrick Sinks, President
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- 36SEC EDGARDaniela O'Leary-Gill, Board member
- 37SEC EDGARMartin P. Klein, Board member
- 38SEC EDGARTeresita M. Lowman, Board member
- 39SEC EDGARAnalisa M. Allen, Board member
- 40SEC EDGARJay C. Hartzell, Board member
- 41SEC EDGARSheryl L. Sculley, Board member
- 42SEC EDGARMelissa Lora, Board member
- 43SEC EDGARJodee A. Kozlak, Board member
- 44SEC EDGARC. Edward Chaplin, Board member
- 45SEC EDGARDaniel A. Arrigoni, Board member
- 46SEC EDGARCassandra C. Carr, Board member
- 47SEC EDGARGary A. Poliner, Board member
- 48SEC EDGARTimothy A. Holt, Board member
- 49SEC EDGARMark Zandi, Board member
- 50SEC EDGARBruce L. Koepfgen, Board member
- 51SEC EDGARDaniel P. Kearney, Board member
- 52SEC EDGARKarl E. Case, Board member
- 53SEC EDGARKenneth M. Jastrow Ii., Board member
- 54SEC EDGARLeslie M. Muma, Board member
- 55SEC EDGARMary K. Bush, Board member
- 56SEC EDGARThomas Hagerty, Board member
- 57SEC EDGARDavid S. Engelman, Board member
- 58SEC EDGARJames A. Abbott, Board member
- 59SEC EDGARMichael E. Lehman, Board member
- 60SEC EDGARWilliam A. McIntosh, Board member
- 61SEC EDGARDonald T. Nicolaisen, Board member
- 62SEC EDGARPaula C. Maggio, General counsel
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