MGIC Investment Corp. Hits New 52-Week High at $30.66

MGIC Investment Corp. has reached a significant milestone by hitting a new 52-week high of USD 30.66 on July 28, 2026. This achievement underscores the company's strong performance in the insurance sector, particularly as it has recorded a remarkable 47.02% increase over the past year, significantly outperforming the S&P 500, which has seen a gain of 16.26% during the same period. With a market capitalization of USD 6,609 million, MGIC Investment Corp. is classified as a small-cap company. The stock's price-to-earnings (P/E) ratio stands at 9.00, indicating a favorable valuation compared to many peers in the industry. Additionally, the company offers a dividend yield of 1.62%, which may appeal to income-focused investors. MGIC's return on equity is reported at 14.34%, reflecting effective management and profitability. The price-to-book ratio of 1.28 further illustrates the company's solid financial standing. Overall, MGIC Investment Corp.'s recent performance and current metrics highlight its position within the insurance industry as it continues to navigate the market landscape.