About MGIC
MGIC is a publicly listed company based in Milwaukee (United States) founded in 1957. It operates as a mortgage insurance services are provided through an internet-first model. The company has 555 employees. Its website mgic.com draws about 52 thousand monthly visits. MGIC offers products and services including MiQ, Underwriting Services, and Training Programs. Its focus areas include Insurance Carriers, Property & Casualty, Property and Internet-First. Its legal entity is Mortgage Guaranty Insurance Corporation. Its competitors include HomeValueProtection, First Home Insurance Company, American Residential Warranty, Wakulla Suites and HELiOS Energy and 1 more.
Company details
MGIC was established in 1957 in Milwaukee, United States, as a key player in the financial services sector. Mortgage insurance is offered to lenders and investors to protect against defaults on residential loans. Operations are conducted primarily online, supporting the housing finance industry across the country. Services include policy issuance, claims processing, and risk management tools, with a focus on conforming and non-conforming mortgages in the U.S. market.
- Annual Revenue$1.21 B (USD)0.49as on Dec 31, 2025
- Net Profit$738.35 M (USD)-3.23as on Dec 31, 2025
- Latest Funding Round$450M (USD), Post-IPO
Mar 2013
- Employee Count555
Products & Services of MGIC
MGIC offers a comprehensive portfolio of products and services, including MiQ, Underwriting Services, and Training Programs.
Platform for obtaining mortgage insurance rate quotes quickly.
Guidelines and tools for evaluating loan risks in mortgage insurance.
Webinars and workshops on mortgage industry knowledge and skills.
Apps and channels of MGIC
its YouTube channel MGIC has 2.76K subscribers and 30 videos.
Videos from MGIC
The most watched videos on MGIC's YouTube channel, MGIC (2.76K subscribers). Click a video to play it here.
More on MGIC.
Funding Insights of MGIC
- Total Rounds 1
- Last Round Post-IPO — $450M
- First Round $450M
(Mar 2013)
All 1 funding rounds of MGIC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2013 | $450M | Post-IPO | – | – | – |
People of MGIC
107 people are tracked at MGIC (25 in leadership, 82 in team); the tracked headcount is 555.
| Name | Role | Group |
|---|---|---|
Salvatore Miosi | President & COO | Leadership |
Elyse Mitchell | Vice President - National Account Manager | Leadership |
Christina Kethe | Director Of Underwriting Operations | Leadership |
Timothy J. Mattke | CEO | Leadership |
Adam W. | Director, Delivery Services | Leadership |
Nathan Colson | EVP and Chief Financial Officer | Leadership |
Jennifer Westphal | Vice President - Chief Information Security Officer | Leadership |
Susan Forray | Senior Director, Pricing | Leadership |
Luis Contreras | Vice President - National Accounts | Leadership |
Jeff Platfoot | Regional Training Director Sales/operations | Leadership |
Dean Dardzinski | Vice President - Managing Director | Leadership |
Sean Valcamp | Vp, Chief Technology Officer (cto) | Leadership |
David Greco | VP - Operational Risk | Leadership |
Andrea Dolnik Wagner | Director, Customer Experience | Leadership |
Tyler Borkin | Director - Servicing & Claims Operations | Leadership |
Geoffrey Cooper | Vice President - Product & Marketing Group | Leadership |
Erik Leaver | Vice President Mortgage Modeling And Analytics | Leadership |
Michelle Woyak | Senior Talent Relations Business Partner | Leadership |
Julie Sperber | Vice President - Controller | Leadership |
Kelly Eickelman | Director Of Technology | Leadership |
87 more people are available in the full profile.
Complete people profiles for MGIC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of MGIC
MGIC is a publicly listed company on the NYSE with ticker symbol MTG in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date09 Aug 1991
- Listed onNYSE: MTG
- Listed entityMGIC Investment Corporation
- Exchange sectorFinance
- ISINUS5528481030
- Share price$27.12 (+0.33% on the day) · 2026-10-13
- Market capitalisation$5.56B
- Price to earnings8.5
- EPS (diluted, trailing year)$3.20
- Dividend yield2.29%
- Volume (last session)1,844,348
Financials of MGIC
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $1.21B | $738.4M | – |
| 2024 | $1.21B | $763.0M | – |
| 2023 | $1.16B | $713.0M | – |
| 2022 | $1.17B | $865.4M | – |
| 2021 | $1.19B | $635.0M | – |
Detailed financial statements for MGIC
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of MGIC
3 dated milestones of MGIC across 56 years, from founding to its latest funding, stage changes and deals.
- Founded MGIC is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $450.0M.
Competitors of MGIC
MGIC has 6 listed competitors in our database. They include HomeValueProtection, First Home Insurance Company, American Residential Warranty, Wakulla Suites and HELiOS Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| homevalueprotection.com | 2009 | San Francisco, United States | – | – | It serves as a limited information available. | |
| firsthomeins.com | 2005 | Jacksonville, United States | – | – | Delivers comprehensive homeowner insurance services for protection. | |
| getahomeplan.com | 2008 | Boca Raton, United States | – | – | Serves as an online-first provider of home warranty insurance services. | |
| wakullasuites.com | 2003 | Cocoa Beach, United States | – | – | Homeowner insurance services are delivered primarily through online platforms. | |
| helios-eex.com | 2012 | Sausalito, United States | – | – | An internet-first provider of insurance and financing for commercial real estate. | |
| homeownersinsurancecoverage.com | 2020 | Virginia, United States | – | – | Delivers comprehensive homeowners insurance services for protection and peace of mind. |
Detailed competitors of MGIC
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of MGIC
The website of MGIC (mgic.com) receives about 51.7K visits a month and ranks #681,948 among all websites worldwide, #7,699 in Financial Planning and Management.
- Monthly visits51.7K
▲ 37.8% vs previous month
- Unique visitors13.2K
per month
- Global rank#681,948
among all websites
- Category rank#7,699
Finance · Financial Planning and Management
- Bounce rate23%
- Pages per visit3.3
- Average visit5 min 48 sec
- DevicesDesktop 61% · Mobile 39%
Websites whose visitors overlap most with MGIC. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
drfunds.com | drfunds.com | 100% | – | – | – |
radian.biz | radian.biz | 93% | – | – | – |
mortgageinsurance.genworth.com | mortgageinsurance.genworth.com | 79% | – | – | – |
wholesale.flagstar.com | wholesale.flagstar.com | 67% | – | – | – |
| essent.us | 66% | 11.8K | #1,690,962 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for MGIC
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Top companies in Insurance & Risk Management
10 companies that operate in the same segment as MGIC (Insurance & Risk Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | – | USD 15.24 B | 126 | |
Life Insurance joint venture between SBI and BNP Paribas Cardiff | 2000 | Mumbai, Maharashtra, India | USD 264 M | USD 14.28 B | 26,360 | |
Insurance, banking, and wealth management services are provided worldwide. | 1816 | Paris, France | – | USD 128.35 B | 100,040 | |
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | – | – | |
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States | – | – | – | |
Cloud-based employee benefits administration solutions are delivered. | 1998 | West Des Moines, Iowa, United States | USD 65.16 M | – | – |
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Related news about Mgic
Complete news archive for MGIC
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Frequently Asked Questions about MGIC
MGIC was founded in 1957 and raised its 1st funding round 56 years after it was founded.
MGIC is headquartered in Milwaukee, United States. It is registered at Milwaukee, Wisconsin, United States.
MGIC has 555 employees.
Annual revenue of MGIC is $1.21B as on Dec 31, 2025.
MGIC was established in 1957 in Milwaukee, United States, as a key player in the financial services sector. Mortgage insurance is offered to lenders and investors to protect against defaults on residential loans. Operations are conducted primarily online, supporting the housing finance industry across the country. Services include policy issuance, claims processing, and risk management tools, with a focus on conforming and non-conforming mortgages in the U.S. market.
MGIC's top competitors include Wakulla Suites, HomeValueProtection and First Home Insurance Company.
MGIC offers MiQ, Underwriting Services, and Training Programs.
Yes, MGIC is publicly traded on NYSE under the ticker symbol MTG.
MGIC operates through Mortgage Guaranty Insurance Corporation.