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MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary mortgage 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. It also provides pool insurance for secondary market mortgage transactions; and contract underwriting services, as well as reinsurance. 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
Time Frame | MTG | Sector | S&P500 |
---|---|---|---|
1-Week Return | -1.14% | -1.21% | 0.2% |
1-Month Return | -2.02% | -1.84% | 2.72% |
3-Month Return | -3.99% | 8.32% | 7.31% |
6-Month Return | 16.44% | 19.73% | 10.44% |
1-Year Return | 28.31% | 31.67% | 27.53% |
3-Year Return | 74.75% | 27.24% | 30.88% |
5-Year Return | 67.86% | 58.69% | 89.21% |
10-Year Return | 168.1% | 207.34% | 199.95% |
Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
---|---|---|---|---|---|---|
Total Revenue | 1.21B | 1.20B | 1.19B | 1.17B | 1.16B | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":98.78,"profit":true},{"date":"2021-12-31","value":97.67,"profit":true},{"date":"2022-12-31","value":96.61,"profit":true},{"date":"2023-12-31","value":95.15,"profit":true}] |
Cost of Revenue | 182.77M | 176.40M | 198.44M | 236.70M | 226.00M | [{"date":"2019-12-31","value":77.22,"profit":true},{"date":"2020-12-31","value":74.52,"profit":true},{"date":"2021-12-31","value":83.84,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":95.48,"profit":true}] |
Gross Profit | 1.03B | 1.02B | 987.23M | 936.09M | 1.16B | [{"date":"2019-12-31","value":89.27,"profit":true},{"date":"2020-12-31","value":88.54,"profit":true},{"date":"2021-12-31","value":85.47,"profit":true},{"date":"2022-12-31","value":81.04,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Gross Margin | 84.94% | 85.29% | 83.26% | 79.82% | 100.00% | [{"date":"2019-12-31","value":84.94,"profit":true},{"date":"2020-12-31","value":85.29,"profit":true},{"date":"2021-12-31","value":83.26,"profit":true},{"date":"2022-12-31","value":79.82,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Operating Expenses | (376.64M) | (648.94M) | (392.13M) | 202.00M | 250.58M | [{"date":"2019-12-31","value":-150.31,"profit":false},{"date":"2020-12-31","value":-258.97,"profit":false},{"date":"2021-12-31","value":-156.49,"profit":false},{"date":"2022-12-31","value":80.61,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Operating Income | 837.34M | 550.21M | 793.54M | 1.14B | 902.23M | [{"date":"2019-12-31","value":73.57,"profit":true},{"date":"2020-12-31","value":48.34,"profit":true},{"date":"2021-12-31","value":69.73,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":79.28,"profit":true}] |
Total Non-Operating Income/Expense | (42.02M) | (145.93M) | (179.63M) | (136.31M) | (35.41M) | [{"date":"2019-12-31","value":-4201800000,"profit":false},{"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}] |
Pre-Tax Income | 847.98M | 559.26M | 801.78M | 1.09B | 902.23M | [{"date":"2019-12-31","value":77.79,"profit":true},{"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}] |
Income Taxes | 174.21M | 113.17M | 166.79M | 224.69M | 189.28M | [{"date":"2019-12-31","value":77.54,"profit":true},{"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}] |
Income After Taxes | 673.76M | 446.09M | 634.98M | 865.35M | 712.95M | [{"date":"2019-12-31","value":77.86,"profit":true},{"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}] |
Income From Continuous Operations | 1.02B | 672.43M | 634.98M | 1.31B | 719.89M | [{"date":"2019-12-31","value":77.75,"profit":true},{"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}] |
Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"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}] |
Net Income | 673.76M | 446.09M | 634.98M | 865.35M | 712.95M | [{"date":"2019-12-31","value":77.86,"profit":true},{"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}] |
EPS (Diluted) | 1.85 | 1.33 | 1.94 | 2.93 | 2.53 | [{"date":"2019-12-31","value":63.14,"profit":true},{"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}] |
These ratios help you determine the liquidity of the company. Higher is better.
MTG | |
---|---|
Cash Ratio | 0.68 |
Current Ratio | 0.68 |
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) | 9.60% |
ROE (LTM) | 15.03% |
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. | 0.21 |
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.79 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
MTG | |
---|---|
Trailing PE | 8.58 |
Forward PE | 8.83 |
P/S (TTM) | 5.17 |
P/B | 1.16 |
Price/FCF | 34 |
EV/R | 5.47 |
EV/Ebitda | NM |
PEG | 1.54 |
MGIC Investment Corp (MTG) share price today is $24.23
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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.
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The 52-week high price of MGIC Investment Corp (MTG) is $26.56. The 52-week low price of MGIC Investment Corp (MTG) is $18.27.
The price-to-earnings (P/E) ratio of MGIC Investment Corp (MTG) is 8.583
The price-to-book (P/B) ratio of MGIC Investment Corp (MTG) is 1.16
The dividend yield of MGIC Investment Corp (MTG) is 2.14%
The market capitalization of MGIC Investment Corp (MTG) is $6.15B
The stock symbol (or ticker) of MGIC Investment Corp is MTG