Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MGIC Investment's share price for the quarter that ended in Mar. 2026 was $26.25. MGIC Investment's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 213 Mil. Therefore, MGIC Investment's market cap for the quarter that ended in Mar. 2026 was $5,597 Mil.
MGIC Investment's quarterly market cap
declined
from Sep. 2025 ($6,416 Mil) to Dec. 2025 ($6,410 Mil) and
declined
from Dec. 2025 ($6,410 Mil) to Mar. 2026 ($5,597 Mil).
MGIC Investment's annual market cap
increased
from Dec. 2023 ($5,256 Mil) to Dec. 2024 ($5,891 Mil) and
increased
from Dec. 2024 ($5,891 Mil) to Dec. 2025 ($6,410 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MGIC Investment's Enterprise Value for Today is $6,198 Mil.
MGIC Investment (NYSE:MTG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
MGIC Investment Market Cap Related Terms
MGIC Investment Market Cap Historical Data
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The historical data trend for MGIC Investment's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Specialty subindustry, MGIC Investment's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MGIC Investment Market Cap vs Insurance Industry
For the Insurance industry and Financial Services sector, MGIC Investment's Market Cap distribution charts can be found below:
* The bar in red indicates where MGIC Investment's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
MGIC Investment's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MGIC Investment (MTG) has a Market Cap of $5,786 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on MGIC Investment and its competitors. According to the industry distribution chart, MGIC Investment ranks #126 out of 519 companies in the Insurance industry, placing it in the top 24.3%.
Is MGIC Investment's Market Cap too high?
MGIC Investment's current Market Cap is $5,786 Mil. The Insurance industry median Market Cap is 668.18. MGIC Investment's value of $5,786 Mil is 765.9% above this industry median. Based on the distribution chart, MGIC Investment ranks #126 out of 519 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, MGIC Investment has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGIC Investment's Market Cap compare to ESNT and ACT?
According to the Insurance industry distribution chart, MGIC Investment ranks #126 out of 519 companies for Market Cap. This places MGIC Investment in the top 24% of its industry — outperforming the majority of peers. The industry median Market Cap is 668.18. MGIC Investment's value of $5,786 Mil is 765.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Insurance company?
The median Market Cap among Insurance companies is 668.18, based on 519 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGIC Investment's current Market Cap of $5,786 Mil is 765.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on MGIC Investment and its competitors. For the Insurance industry, the median Market Cap is 668.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGIC Investment's current Market Cap is $5,786 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGIC Investment stock overvalued right now?
Based on GuruFocus' analysis, MGIC Investment (MTG) is currently considered Fairly Valued. The stock's GF Value™ is $28.23, compared to a current price of $27.36 — trading 3.1% below its estimated fair value. The current Market Cap is $5,786 Mil and 765.9% above the Insurance industry median of 668.18. MGIC Investment's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For MGIC Investment (MTG), the current Market Cap is $5,786 Mil as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MGIC Investment (MTG) Overvalued in 2026?
Based on GuruFocus' analysis, MGIC Investment stock appears to be undervalued.
The current stock price of $27.36 is trading 3.1% below its estimated GF Value™ of $28.23.
GuruFocus considers MGIC Investment to be Fairly Valued.
Key valuation signals for MTG:
Market Cap: $5,786 Mil
GF Value™: $28.23 vs. price of $27.36 (3.1% below fair value)
Industry Position: 765.9% above the Insurance median (#126 of 519)
No single metric tells the full story. See the MTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection account for close to the majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia, and New York.
85GF Score
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