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MGIC Investment Corp Share Price

MTG
NYQ
$26.49
+$0.22
(0.84%)
1D
Industry: Financial Services Sector: Financials

MGIC Investment Corp Analyst Forecast

MGIC Investment Corp Share Price Chart

MGIC Investment Corp Key Stock Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$5.88B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
8.4469
Volume info-icon
This is the total number of shares traded during the most recent trading day.
2.08M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
2.02%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0.84
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$21.59 L
$29.97 H
$26.49

About MGIC Investment Corp, Common 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. It also provides pool insurance for secondary market mortgage transactions; and contract underwriting services, as well as reinsurance services. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin. more

Industry: Financial ServicesSector: Financials

MGIC Investment Corp Stock Returns

Time FrameMTGSectorS&P500
1-Week Return0.57%-0.24%1.71%
1-Month Return-11.08%-4.58%-0.16%
3-Month Return-1.85%-0.49%0.61%
6-Month Return3.72%-8.27%
1-Year Return3.56%3.23%14.98%
3-Year Return84.86%46.4%70.47%
5-Year Return116.42%77.61%79.66%
10-Year Return342.24%208.16%263.43%

MGIC Investment Corp Financials

Dec '20Dec '21Dec '22Dec '23Dec '245YR TREND
Total Revenue1.20B1.19B1.17B1.16B1.21B[{"date":"2020-12-31","value":99.29,"profit":true},{"date":"2021-12-31","value":98.17,"profit":true},{"date":"2022-12-31","value":97.11,"profit":true},{"date":"2023-12-31","value":95.64,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Cost of Revenue377.15M77.18M(242.20M)226.00M(5.90M)[{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":20.46,"profit":true},{"date":"2022-12-31","value":-64.22,"profit":false},{"date":"2023-12-31","value":59.92,"profit":true},{"date":"2024-12-31","value":-1.57,"profit":false}]
Gross Profit821.99M1.11B1.41B1.16B1.21B[{"date":"2020-12-31","value":58.09,"profit":true},{"date":"2021-12-31","value":78.34,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":81.63,"profit":true},{"date":"2024-12-31","value":85.77,"profit":true}]
Gross Margin68.55%93.49%120.65%100.00%100.49%[{"date":"2020-12-31","value":56.81,"profit":true},{"date":"2021-12-31","value":77.49,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":82.88,"profit":true},{"date":"2024-12-31","value":83.29,"profit":true}]
Operating Expenses262.73M306.72M324.95M250.58M244.93M[{"date":"2020-12-31","value":80.85,"profit":true},{"date":"2021-12-31","value":94.39,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":77.11,"profit":true},{"date":"2024-12-31","value":75.37,"profit":true}]
Operating Income559.26M801.78M1.09B902.23M968.71M[{"date":"2020-12-31","value":51.31,"profit":true},{"date":"2021-12-31","value":73.56,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":82.77,"profit":true},{"date":"2024-12-31","value":88.87,"profit":true}]
Total Non-Operating Income/Expense(145.93M)(179.63M)(136.31M)(35.41M)(71.20M)[{"date":"2020-12-31","value":-14592600000,"profit":false},{"date":"2021-12-31","value":-17963400000,"profit":false},{"date":"2022-12-31","value":-13630700000,"profit":false},{"date":"2023-12-31","value":-3540600000,"profit":false},{"date":"2024-12-31","value":-7120400000,"profit":false}]
Pre-Tax Income559.26M801.78M1.09B902.23M968.71M[{"date":"2020-12-31","value":51.31,"profit":true},{"date":"2021-12-31","value":73.56,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":82.77,"profit":true},{"date":"2024-12-31","value":88.87,"profit":true}]
Income Taxes113.17M166.79M224.69M189.28M205.72M[{"date":"2020-12-31","value":50.37,"profit":true},{"date":"2021-12-31","value":74.23,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":84.24,"profit":true},{"date":"2024-12-31","value":91.56,"profit":true}]
Income After Taxes446.09M634.98M865.35M712.95M762.99M[{"date":"2020-12-31","value":51.55,"profit":true},{"date":"2021-12-31","value":73.38,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":82.39,"profit":true},{"date":"2024-12-31","value":88.17,"profit":true}]
Income From Continuous Operations672.43M634.98M1.31B719.89M762.99M[{"date":"2020-12-31","value":51.15,"profit":true},{"date":"2021-12-31","value":48.3,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":54.76,"profit":true},{"date":"2024-12-31","value":58.03,"profit":true}]
Income From Discontinued Operations-----[{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true},{"date":"2024-12-31","value":"-","profit":true}]
Net Income446.09M634.98M865.35M712.95M762.99M[{"date":"2020-12-31","value":51.55,"profit":true},{"date":"2021-12-31","value":73.38,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":82.39,"profit":true},{"date":"2024-12-31","value":88.17,"profit":true}]
EPS (Diluted)1.331.942.932.532.91[{"date":"2020-12-31","value":45.39,"profit":true},{"date":"2021-12-31","value":66.21,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":86.35,"profit":true},{"date":"2024-12-31","value":99.32,"profit":true}]

MGIC Investment Corp Ratios

MGIC Investment Corp Liquidity Ratios

These ratios help you determine the liquidity of the company. Higher is better.

MTG
Cash Ratio 1.95
Current Ratio 1.95

MGIC Investment Corp Asset Efficiency Ratios

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

MTG
ROA (LTM) 9.27%
ROE (LTM) 14.40%

MGIC Investment Corp Liability Ratios

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

MTG
Debt Ratio Lower is generally better. Negative is bad. 0.22
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.78

MGIC Investment Corp Valuation Ratios

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

MTG
Trailing PE 8.45
Forward PE 8.47
P/S (TTM) 4.98
P/B 1.14
Price/FCF 28
EV/R 5.14
EV/Ebitda NM
PEG 1.54

FAQs

What is MGIC Investment Corp share price today?

MGIC Investment Corp (MTG) share price today is $26.49

Can Indians buy MGIC Investment Corp shares?

Yes, Indians can buy shares of MGIC Investment Corp (MTG) on Vested. To buy

from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in MTG stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of MGIC Investment Corp be purchased?

Yes, you can purchase fractional shares of MGIC Investment Corp (MTG) via the Vested app. You can start investing in MGIC Investment Corp (MTG) with a minimum investment of $1.

How to invest in MGIC Investment Corp shares from India?

You can invest in shares of MGIC Investment Corp (MTG) via Vested in three simple steps:

  • Click on Sign Up or Invest in MTG stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in MGIC Investment Corp shares
What is MGIC Investment Corp 52-week high and low stock price?

The 52-week high price of MGIC Investment Corp (MTG) is $29.97. The 52-week low price of MGIC Investment Corp (MTG) is $21.59.

What is MGIC Investment Corp price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of MGIC Investment Corp (MTG) is 8.4469

What is MGIC Investment Corp price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of MGIC Investment Corp (MTG) is 1.14

What is MGIC Investment Corp dividend yield?

The dividend yield of MGIC Investment Corp (MTG) is 2.02%

What is the Market Cap of MGIC Investment Corp?

The market capitalization of MGIC Investment Corp (MTG) is $5.88B

What is MGIC Investment Corp's stock symbol?

The stock symbol (or ticker) of MGIC Investment Corp is MTG

How Can Investors Use MGIC Investment Corp Share Price Data for Long-Term Investment Decisions?

Consider the share price of MGIC Investment Corp as a long-term story and not a daily point list. The price represents a movement of the stock in both good and bad times when looked at over many years. This assists the investors to know whether MGIC Investment Corp has succeeded to expand steadily and overcome market declines. With this price movement observed and the way the business is progressing, it is easier to make a decision whether the stock is worth having in the long term or not.

How does USD - INR currency movement impact returns from MGIC Investment Corp shares for Indian investors?

When investing in MGIC Investment Corp shares, you are not based in India then your investment is not just based on the stock price. It is also determined by the currency movement of the dollar in relation to the rupee. When you have an appreciation of the MGIC Investment Corp stock and the dollar appreciation is also the same, you gain more in terms of rupees. When the rupee appreciated, it will lower your profits. This currency flow is a silent cause of great contribution to your ultimate returns over many years.

How should investors compare MGIC Investment Corp share price with other stocks in the same sector?

Rather than merely checking the share price of MGIC Investment Corp and comparing it with that of other stocks in the same sector, one can check how robust the business is. Investors tend to compare such aspects as profits, cash generation, and the stability of the revenues of the company. This means that MGIC Investment Corp stock in most cases does not react in the same manner as other companies in the sector due to its brand and services revenue.

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