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NYSE: MTG
Mgic Investment (MTG) stock, explained like you're 5
Mgic Investment trades on the New York Stock Exchange under the ticker MTG. It is a mid cap company in the property casualty insurers industry, part of the financial services sector, with a market value of about 5.6 billion dollars.
- Ticker
- MTG
- Exchange
- New York Stock Exchange
- Sector
- Financial Services
- Industry
- Property Casualty Insurers
- Size
- Mid cap, about 5.6 billion dollars
Is Mgic Investment a small, medium or large cap company?
No. Mgic Investment is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 5.6 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Mgic Investment makes money
- Interest earned on loans minus interest paid on deposits.
- Fees for payments, advice, trading and insurance.
- Investment returns on the money they manage.
What moves MTG stock
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
In the news lately
- MGIC Investment Corporation (MTG) Stock Price, News, Quote & History (Yahoo! Finance Canada)
- MGIC Investment (NYSE:MTG) Stock Analysis (Simply Wall Street)
- MGIC Investment Corporation (NYSE:MTG) Stock Has Average Target Price of $30.80 (MarketBeat)
- MGIC Investment Corporation (MTG) Stock Forecasts (Yahoo! Finance Canada)
- RBC Capital Remains a Hold on MGIC Investment (MTG) (The Globe and Mail)
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Questions about Mgic Investment stock
What does Mgic Investment do?
Mgic Investment trades on the New York Stock Exchange under the ticker MTG. It is a mid cap company in the property casualty insurers industry, part of the financial services sector, with a market value of about 5.6 billion dollars.
What is the ticker symbol for Mgic Investment?
Mgic Investment trades under the ticker MTG on the New York Stock Exchange.
What is Mgic Investment's market cap?
Mgic Investment is a mid cap stock with a market cap of about 5.6 billion dollars.
How does Mgic Investment make money?
Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.
What moves MTG stock?
Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.
How can I follow MTG stock every day?
Add MTG to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.