Hamilton Insurance Group (HG) vs MGIC Investment (MTG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Hamilton Insurance Group (HG) has outperformed MGIC Investment (MTG) over the past year, gaining 42.5% versus a gain of 3.3%. MGIC Investment is the larger company by market cap ($5.72 billion vs $3.46 billion), about 1.7 times the size, while Hamilton Insurance Group is growing revenue faster (+24.7% vs +0.5%). On valuation, Hamilton Insurance Group trades at a lower forward P/E (7.4x vs 8.0x for MGIC Investment).
MGIC Investment pays a dividend yielding 2.15%, while Hamilton Insurance Group does not currently pay one. MGIC Investment converts more of its revenue into profit, with a net margin of 60.8% versus 28.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HG | MTG |
|---|---|---|
| Share price | $35.10 | $27.87 |
| Market cap | $3.46B | $5.72B |
| 1-day change | +2.27% | +2.96% |
| YTD return | +25.81% | -4.62% |
| 1-year return | +42.45% | +3.30% |
| 5-year return | — | +70.25% |
| P/E ratio (TTM) | 6.14 | 8.47 |
| Forward P/E | 7.37 | 8.00 |
| EPS (TTM) | $5.72 | $3.29 |
| Dividend yield | 0.00% | 2.15% |
| Annual dividend | $0.00 | $0.60 |
| Revenue (latest FY) | $2.91B | $1.21B |
| Revenue growth (YoY) | +24.70% | +0.49% |
| Net income (latest FY) | $840.03M | $738.35M |
| Net margin | 28.91% | 60.84% |
| 52-week high | $37.31 | $31.89 |
| 52-week low | $22.66 | $24.69 |
| Distance from 52-week high | -5.92% | -12.61% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +9.09% | +12.67% |
| Average volume | 393.49K | 2.02M |
| Shares outstanding | 65.89M | 205.12M |
| Employees | 600 | 542 |
| Sector | Financial Services | Finance |
| Industry | Insurance - Reinsurance | Property-Casualty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- HG has outperformed MTG by 39.2 percentage points over the past year.
- MGIC Investment trades at a higher earnings multiple (8.5x vs 6.1x trailing P/E).
- MGIC Investment offers a meaningfully higher dividend yield (2.15% vs 0.00%).
- MGIC Investment is more profitable, keeping 60.8 cents of every revenue dollar as net income versus 28.9 cents for Hamilton Insurance Group.
- Hamilton Insurance Group grew revenue faster in its latest fiscal year (+24.70% vs +0.49%).
- The two companies sit in different sectors: Hamilton Insurance Group in Financial Services and MGIC Investment in Finance.
About Hamilton Insurance Group
HG stock →Hamilton Insurance Group, Ltd., through its subsidiaries, operates as specialty insurance and reinsurance company in Bermuda and internationally. It operates Hamilton Global Specialty, Hamilton Select, and Hamilton Re underwriting platforms.
Financial Services · Insurance - Reinsurance · 600 employees
About MGIC Investment
MTG stock →MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property.
Finance · Property-Casualty Insurers · 542 employees
HG vs MTG FAQ
Which is bigger, Hamilton Insurance Group or MGIC Investment?
MGIC Investment (MTG) is larger, with a market capitalization of $5.72B compared with $3.46B for Hamilton Insurance Group (HG).
Which stock has performed better over the past year, HG or MTG?
HG returned +42.45% over the past 12 months, compared with +3.30% for MTG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HG or MTG?
HG has the lower trailing P/E at 6.1, versus 8.5 for MTG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Hamilton Insurance Group or MGIC Investment?
MGIC Investment pays a dividend yielding 2.15%, while Hamilton Insurance Group does not currently pay a regular dividend.
Are Hamilton Insurance Group and MGIC Investment in the same industry?
No. Hamilton Insurance Group is in the Financial Services sector, while MGIC Investment is in Finance.