- $5.35bn
- $5.63bn
- $1.16bn
- 70
- 78
- 96
- 95
Growth & Value
12m Forecast Rolling | Industry | Market | |
---|---|---|---|
PE Ratio (f) | 7.93 | ||
PEG Ratio (f) | 10.7 | ||
EPS Growth (f) | 0.75% | ||
Dividend Yield (f) | 2.42% |
Valuation (ttm) | Industry | Market | |
---|---|---|---|
Price to Book Value | 1.05 | ||
Price to Tang. Book | 1.05 | ||
Price to Free Cashflow | 7.52 | ||
Price to Sales | 4.63 | ||
EV to EBITDA | 5.78 |
Shareholder Activity
Type | Buy / Hold / Sell |
---|---|
Institutions | |
Directors | |
Community |
Guru Screens
Quality
Name | Industry | Market | |
---|---|---|---|
Return on Capital | 14.36% | ||
Return on Equity | 14.68% | ||
Operating Margin | 81.3% |
Financial Summary
Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
---|---|---|---|---|---|---|---|---|---|
Total Revenue | $m | 1,213.98 | 1,199.15 | 1,185.67 | 1,172.79 | 1,155.1 | 1,217.88 | 1,260.19 | 0.55% |
Operating Profit | m | ||||||||
Net Profit | m | ||||||||
EPS Reported | |||||||||
Diluted Normalised EPS | |||||||||
EPS Growth | % | +3.8 | -27.15 | +43.26 | +49.8 | -14.07 | -0.74 | +4.17 | n/a |
PE Ratio | x | ||||||||
PEG | |||||||||
Profitability | |||||||||
Operating Margin | % | ||||||||
ROA | % | ||||||||
ROCE | % | ||||||||
ROE | % | ||||||||
Cashflow | |||||||||
Op. Cashflow ps | |||||||||
Capex ps | |||||||||
Free Cashflow ps | |||||||||
Dividends | |||||||||
Dividend ps | |||||||||
Dividend Growth | % | ||||||||
Dividend Yield | % | ||||||||
Dividend Cover | x | ||||||||
Balance Sheet | |||||||||
Cash etc | m | ||||||||
Working Capital | m | ||||||||
NFA | m | ||||||||
Net Debt | m | ||||||||
Book Value | m | ||||||||
Diluted Weighted Average Shares | m | ||||||||
Book Value ps |
Other Ratios
Leverage (ttm) | Total | - Intang | + Pension |
---|---|---|---|
Gross Gearing | |||
Net Gearing | |||
Cash / Assets |
Liquidity (ttm) | |
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Curr. Ratio | |
Quick Ratio | |
Interest Cov. |
Efficiency (ttm) | |
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Asset Turnover | |
Recs Turnover | |
Stock Turnover |
Recent History
Latest interim period vs. prior period | Industry | Market | |
---|---|---|---|
Sales Growth | |||
EPS Growth |
3yr Compound Annual Growth Rate | Industry | Market | |
---|---|---|---|
Sales CAGR | |||
EPS CAGR | |||
DPS CAGR |
Profile Summary
MGIC Investment Corporation is a holding company. The Company, through its wholly owned subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The Company's mortgage insurance product offers Primary Insurance and Pool and Other Insurance. Primary insurance provides mortgage default protection on individual loans and covers a percentage of the unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. Pool insurance is generally used as an additional credit enhancement for certain secondary market mortgage transactions. Pool insurance generally covers the amount of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage.
Directors
- Curt Culver NEC (69)
- Salvatore Miosi PRE (54)
- Timothy Mattke CEO (45)
- Nathaniel Colson CFO (37)
- Steven Thompson EVP (58)
- Paula Maggio EVP (52)
- James Hughes EVP (58)
- Robert Candelmo SVP (57)
- Michael Lehman LED (70)
- Analisa Allen IND (61)
- Daniel Arrigoni IND (70)
- C. Edward Chaplin IND (64)
- Jay Hartzell IND (51)
- Timothy Holt IND (68)
- Jodee Kozlak IND (57)
- Melissa Lora IND (58)
- Gary Poliner IND (67)
- Sheryl Sculley IND (68)
- Mark Zandi IND (61)
- Last Annual
- December 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- June 21st, 1984
- Public Since
- August 6th, 1991
- No. of Shareholders
- 90,250
- No. of Employees
- 627
- Sector
- Insurance
- Industry
- Financials
- Exchange
- New York Stock Exchange
- Shares in Issue
- 269,669,667
- Address
- 250 E Kilbourn Ave, MILWAUKEE, 53202-3102
- Web
- https://www.mgic.com/
- Phone
- +1 4143476480
- Contact
- Dianna Higgins
- Auditors
- PricewaterhouseCoopers LLP
Upcoming Events for MTG
Q1 2024 MGIC Investment Corp Earnings Release
Q1 2024 MGIC Investment Corp Earnings Call
Q2 2024 MGIC Investment Corp Earnings Release
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FAQ
As of Today at 19:14 UTC, shares in MGIC Investment are trading at $19.83. This share price information is delayed by 15 minutes.
Shares in MGIC Investment last closed at $19.83 and the price had moved by +38.28% over the past 365 days. In terms of relative price strength the MGIC Investment share price has outperformed the S&P500 Index by +15.07% over the past year.
The overall consensus recommendation for MGIC Investment is Buy. You can view the full broker recommendation list by unlocking its StockReport.
The MGIC Investment dividend yield is 2.17% based on the trailing twelve month period.
Last year, MGIC Investment paid a total dividend of $0.43, and it currently has a trailing dividend yield of 2.17%. We do not have any data on when MGIC Investment is to next pay dividends.
We do not have data on when MGIC Investment is to next pay dividends. The historic dividend yield on MGIC Investment shares is currently 2.17%.
To buy shares in MGIC Investment you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of $19.83, shares in MGIC Investment had a market capitalisation of $5.35bn.
Here are the trading details for MGIC Investment:
- Country of listing: United States
- Exchange: NYQ
- Ticker Symbol: MTG
Based on an overall assessment of its quality, value and momentum MGIC Investment is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in MGIC Investment is $22.31. That is 12.51% above the last closing price of $19.83.
Analysts covering MGIC Investment currently have a consensus Earnings Per Share (EPS) forecast of $2.47 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like MGIC Investment. Over the past six months, its share price has outperformed the S&P500 Index by +0.87%.
As of the last closing price of $19.83, shares in MGIC Investment were trading +7.88% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The MGIC Investment PE ratio based on its reported earnings over the past 12 months is 7.93. The shares last closed at $19.83.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
MGIC Investment's management team is headed by:
- Curt Culver - NEC
- Salvatore Miosi - PRE
- Timothy Mattke - CEO
- Nathaniel Colson - CFO
- Steven Thompson - EVP
- Paula Maggio - EVP
- James Hughes - EVP
- Robert Candelmo - SVP
- Michael Lehman - LED
- Analisa Allen - IND
- Daniel Arrigoni - IND
- C. Edward Chaplin - IND
- Jay Hartzell - IND
- Timothy Holt - IND
- Jodee Kozlak - IND
- Melissa Lora - IND
- Gary Poliner - IND
- Sheryl Sculley - IND
- Mark Zandi - IND