MGIC Investment Outperforms Legal & General Group in Key Metrics

Comparison of two finance companies shows MGIC Investment has higher earnings, dividend growth, and analyst recommendations

Published on Feb. 10, 2026

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MGIC Investment (NYSE:MTG) and Legal & General Group (OTCMKTS:LGGNY) are both finance companies, but a comparison of the two shows MGIC Investment has the edge in several key areas. MGIC Investment has higher earnings, a growing dividend, and more favorable analyst recommendations compared to Legal & General Group.

Why it matters

This analysis provides insight into the relative performance and prospects of these two finance companies, which could be useful for investors evaluating potential investments in the sector.

The details

MGIC Investment pays a higher annual dividend of $0.60 per share compared to Legal & General Group's $0.77, but MGIC Investment's dividend yield is lower at 2.3% versus 4.3% for Legal & General Group. However, MGIC Investment has raised its dividend for 6 consecutive years, demonstrating stronger dividend growth. In terms of profitability, MGIC Investment has higher net margins, return on equity, and return on assets than Legal & General Group. While Legal & General Group has higher revenue, MGIC Investment has higher earnings per share. Analysts are also more bullish on MGIC Investment, with a consensus target price suggesting 3.38% upside potential compared to Legal & General Group.

  • The analysis is based on data as of February 10, 2026.

The players

MGIC Investment Corporation

A provider of private mortgage insurance and other mortgage credit risk management solutions in the United States, headquartered in Milwaukee, Wisconsin.

Legal & General Group Plc

A multinational financial services company that provides insurance products and services, headquartered in London, United Kingdom.

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The takeaway

This analysis highlights MGIC Investment's stronger financial performance and more favorable analyst sentiment compared to Legal & General Group, suggesting it may be the more attractive investment option for those looking to gain exposure to the finance sector.