MTG
MGIC Investment Corporation Financial Services - Insurance - Specialty Investor Relations →
MGIC Investment Corporation (MTG) closed at $25.66 as of 2026-03-20, trading 29.4% above its 200-week moving average of $19.83. The stock is currently moving closer to the line, down from 31.8% last week. With a 14-week RSI of 29, MTG is in oversold territory.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.14 ratio) is neutral — neither side is clearly dominating.
Over the past 1758 weeks of data, MTG has crossed below its 200-week moving average 22 times. On average, these episodes lasted 24 weeks. Historically, investors who bought MTG at the start of these episodes saw an average one-year return of +18.1%.
With a market cap of $5.6 billion, MTG is a mid-cap stock. The company generates a free cash flow yield of 10.2%, which is notably high. Return on equity stands at 14.3%. The stock trades at 1.1x book value.
The company has been aggressively buying back shares, reducing its share count by 25.2% over the past three years.
Over the past 33.2 years, a hypothetical investment of $100 in MTG would have grown to $252, compared to $2683 for the S&P 500. MTG has returned 2.8% annualized vs 10.4% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 9.6% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: MTG vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MTG Crosses Below the Line?
Across 22 historical episodes, buying MTG when it crossed below its 200-week moving average produced an average return of +20.2% after 12 months (median +27.0%), compared to +14.1% for the S&P 500 over the same periods. 68% of those episodes were profitable after one year. After 24 months, the average return was +23.5% vs +17.0% for the index.
Each line shows $100 invested at the moment MTG crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MTG has crossed below its 200-week MA 22 times with an average 1-year return of +18.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 1992 | Aug 1992 | 1 | 0.4% | +83.0% | +266.3% |
| Sep 1998 | Nov 1998 | 5 | 16.6% | +40.7% | -4.8% |
| Dec 1998 | Apr 1999 | 19 | 18.7% | +66.6% | -13.7% |
| Aug 1999 | Sep 1999 | 3 | 4.8% | +39.3% | -24.6% |
| Jan 2000 | May 2000 | 18 | 28.5% | +16.4% | -28.6% |
| Jun 2000 | Jul 2000 | 3 | 6.1% | +60.4% | -31.7% |
| Oct 2001 | Oct 2001 | 1 | 3.8% | -13.2% | -39.1% |
| Jul 2002 | Jul 2002 | 1 | 1.0% | +1.8% | -42.0% |
| Sep 2002 | Aug 2003 | 50 | 34.1% | +0.8% | -42.8% |
| Sep 2003 | Jan 2004 | 17 | 11.4% | +17.6% | -43.2% |
| Apr 2005 | May 2005 | 5 | 3.3% | +19.3% | -46.5% |
| Oct 2005 | Oct 2005 | 3 | 1.6% | +4.5% | -46.7% |
| Jul 2006 | Sep 2006 | 8 | 7.2% | -5.8% | -46.5% |
| Oct 2006 | Dec 2006 | 7 | 3.6% | -62.2% | -47.1% |
| Feb 2007 | Apr 2007 | 7 | 7.1% | -74.0% | -47.0% |
| Jun 2007 | May 2013 | 308 | 97.5% | -83.9% | -50.9% |
| Jan 2016 | Feb 2016 | 6 | 10.2% | +66.5% | +375.8% |
| Apr 2016 | Aug 2016 | 16 | 21.3% | +45.8% | +314.6% |
| Oct 2016 | Oct 2016 | 1 | 0.3% | +58.0% | +279.9% |
| Dec 2018 | Dec 2018 | 3 | 7.4% | +42.5% | +194.7% |
| Mar 2020 | Nov 2020 | 36 | 57.1% | +39.1% | +205.2% |
| Jun 2022 | Jun 2022 | 1 | 3.1% | +33.9% | +139.0% |
| Average | 24 | — | +18.1% | — |
Frequently Asked Questions
Is MTG below its 200-week moving average?
No. MGIC Investment Corporation (MTG) is currently 29.4% above its 200-week moving average of $19.83. It would need to fall to $19.83 to cross below the line.
What is MTG's 200-week moving average price?
MGIC Investment Corporation's 200-week moving average is $19.83 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MTG drops below its 200-week moving average?
MTG has crossed below its 200-week moving average 22 times in our data. On average, buying at that moment produced a one-year return of +18.1%. These dips have historically been decent entry points. These episodes lasted 24 weeks on average.
Is MTG a good value right now?
Here's what our data says about MTG as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 29 (oversold). Free cash flow yield is 10.2%. Return on equity is 14.3%. Price-to-book is 1.1x. This is not a buy or sell recommendation — always do your own research.
How does MTG compare to the S&P 500?
Over the past 33.2 years, $100 invested in MTG would have grown to $252, compared to $2683 for the S&P 500. That's 2.8% annualized vs 10.4% for the index. MTG has underperformed the broader market over this period.
Does MTG pay a dividend?
Yes. MGIC Investment Corporation currently pays a dividend yield of 234.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20