MGIC Investment vs Blackstone Secured Lending

MGIC Investment (MGIC Investment Corp.) and Blackstone Secured Lending (BLACKSTONE SECURED LENDING F) are compared on this page to illuminate differences in business models, financial performance, and market context in a neutral, accessible manner. The aim is to present clear, factual context without speculation. Educational content, not financial advice.

MGIC Investment (MGIC Investment Corp.) and Blackstone Secured Lending (BLACKSTONE SECURED LENDING F) are compared on this page to illuminate differences in business models, financial performance, and...

Comparison Snapshot

Key Financial Metrics

MTG

Metric

BXSL

$5.89B

Market Cap

$6.03B

2.27%

Potential Profit

12.43%

Hold

Analyst Rating

Buy

Investment Analysis

MGIC Investment

MTG

Pros

MGIC Investment has a strong profitability profile with a net profit margin of approximately 62%.
The company maintains low leverage with a debt-to-equity ratio of around 12.5%, supporting balance sheet stability.
MGIC Investment generates substantial gross profit and has shown revenue growth of over 4% year-over-year.

Considerations

Despite earnings beats, recent revenues have lagged behind analyst expectations, indicating some top-line pressure.
The stock is rated as a 'Hold' by analysts, with a 12-month price target slightly below the current price, signaling limited upside.
Exposure to mortgage credit risk in cyclical real estate markets and regulatory environments could pose execution risks.

Blackstone Secured Lending

BXSL

Pros

Blackstone Secured Lending Fund invests primarily in first lien senior secured debt, providing strong downside protection in their portfolio.
Managed by Blackstone Credit & Insurance, a large and experienced alternative credit platform with a history of value creation.
The fund has delivered a solid annual total net return of about 11.4% since inception, reflecting strong risk-adjusted performance.

Considerations

As a non-diversified, closed-end BDC, the fund can face heightened exposure to liquidity and market volatility risks.
Valuation metrics show minimal to negative upside from current levels, suggesting limited near-term price appreciation.
Income generation depends heavily on the US middle-market private debt space, which can be sensitive to economic cycles.

About The Companies

MGIC Investment (MTG)

MGIC Investment Corp. (MTG) is a leading US private mortgage insurer that helps lenders manage credit risk on mortgage loans. The company earns premiums from mortgage insurance policies and invests premium proceeds, while paying claims when insured borrowers default. Its financial performance is tied closely to the US housing market, borrower credit profiles, unemployment and interest-rate trends. MGIC’s capital levels, underwriting standards and loss reserves are key indicators investors watch, as are regulatory developments affecting mortgage lending. The business can be cyclical: stronger home prices and employment generally reduce claims, while downturns can increase losses. This summary is for general educational purposes only and is not personal financial advice. Mortgage-insurance stocks can be volatile and suitability depends on an investor’s objectives, time horizon and risk tolerance; consult a qualified adviser before making investment decisions.

Blackstone Secured Lending (BXSL)

Blackstone Secured Lending Fund (BXSL) is a closed‑end investment vehicle managed by Blackstone’s credit team that focuses on senior secured loans and other floating‑rate credit instruments, primarily to North American middle‑market companies. The fund aims to generate current income while seeking capital preservation through secured, first‑lien and unitranche loans. As a closed‑end fund, BXSL may use leverage and its market price can trade at a premium or discount to net asset value; it commonly pays regular distributions. Investors should be aware of credit risk, potential illiquidity in stressed markets, sensitivity to loan spreads and the effects of leverage on returns. Market capitalisation is about $6.09 billion (as of the provided data). This information is educational and not personalised advice; outcomes can vary and capital is at risk, so suitability depends on an investor’s income needs and tolerance for credit and market volatility.

Which Baskets Do They Appear In?

The Great Mortgage Privatization

The planned IPOs for mortgage giants Fannie Mae and Freddie Mac signal a historic shift toward privatization in the U.S. housing market. This move stands to benefit not only the investment banks managing the deal but also a wider ecosystem of mortgage lenders and insurers.

Published: August 11, 2025

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Which Baskets Do They Appear In?

The Great Mortgage Privatization

The planned IPOs for mortgage giants Fannie Mae and Freddie Mac signal a historic shift toward privatization in the U.S. housing market. This move stands to benefit not only the investment banks managing the deal but also a wider ecosystem of mortgage lenders and insurers.

Published: August 11, 2025

Explore Basket

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Comparison Snapshot