MGIC Investment (MTG) vs RLI (RLI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
MGIC Investment (MTG) has outperformed RLI (RLI) over the past year, gaining 3.3% versus a loss of 13.8%. Over five years, MTG leads with a +70.3% price change compared with +9.0% for RLI. MGIC Investment is the larger company by market cap ($5.72 billion vs $5.17 billion), about 1.1 times the size, while RLI is growing revenue faster (+6.3% vs +0.5%).
On valuation, MGIC Investment trades at a lower forward P/E (8.0x vs 20.9x for RLI). MGIC Investment offers the higher dividend yield (2.15% vs 1.17%). MGIC Investment converts more of its revenue into profit, with a net margin of 60.8% versus 21.4%.
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 | MTG | RLI |
|---|---|---|
| Share price | $27.87 | $56.30 |
| Market cap | $5.72B | $5.17B |
| 1-day change | +2.96% | +1.37% |
| YTD return | -4.62% | -12.00% |
| 1-year return | +3.30% | -13.85% |
| 5-year return | +70.25% | +8.96% |
| P/E ratio (TTM) | 8.47 | 11.83 |
| Forward P/E | 8.00 | 20.89 |
| EPS (TTM) | $3.29 | $4.76 |
| Dividend yield | 2.15% | 1.17% |
| Annual dividend | $0.60 | $0.66 |
| Revenue (latest FY) | $1.21B | $1.88B |
| Revenue growth (YoY) | +0.49% | +6.33% |
| Net income (latest FY) | $738.35M | $403.34M |
| Net margin | 60.84% | 21.43% |
| 52-week high | $31.89 | $67.12 |
| 52-week low | $24.69 | $47.26 |
| Distance from 52-week high | -12.61% | -16.12% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +12.67% | +4.80% |
| Average volume | 2.02M | 752.61K |
| Shares outstanding | 205.12M | 91.77M |
| Employees | 542 | 1,193 |
| Sector | Finance | Finance |
| Industry | Property-Casualty Insurers | 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
- MTG has outperformed RLI by 17.1 percentage points over the past year.
- RLI trades at a higher earnings multiple (11.8x vs 8.5x trailing P/E).
- MGIC Investment is more profitable, keeping 60.8 cents of every revenue dollar as net income versus 21.4 cents for RLI.
- RLI grew revenue faster in its latest fiscal year (+6.33% vs +0.49%).
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
About RLI
RLI stock →RLI Corp., an insurance holding company, provides property, casualty, and surety insurance products. Its Casualty segment provides commercial excess, personal umbrella, general liability, transportation, and management liability coverages; professional liability and workers' compensation for office-based professional coverages; commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and other specialty commercial automobile risks; incidental related insurance coverages; inland marine coverages; directors and officers liability insurance, fiduciary liability and coverages, employment practice liability, public and private businesses risk, and home business insurance products.
Finance · Property-Casualty Insurers · 1,193 employees
MTG vs RLI FAQ
Which is bigger, MGIC Investment or RLI?
MGIC Investment (MTG) is larger, with a market capitalization of $5.72B compared with $5.17B for RLI (RLI).
Which stock has performed better over the past year, MTG or RLI?
MTG returned +3.30% over the past 12 months, compared with -13.85% for RLI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MTG or RLI?
MTG has the lower trailing P/E at 8.5, versus 11.8 for RLI. 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, MGIC Investment or RLI?
MGIC Investment has the higher yield at 2.15%, compared with 1.17% for RLI.
Are MGIC Investment and RLI in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.