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MGIC Investment Corp, Common Stock

MTG

NYQ

$24.23

-$0.06

(-0.25%)

1D
Industry: Financial Services Sector: Financials

Analyst Forecast

Price Chart

Key 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.
$6.15B
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.
8.583
Volume info-icon
This is the total number of shares traded during the most recent trading day.
328.11K
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).
2.14%
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.
1.27
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).
$18.27 L
$26.56 H
$24.23

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 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

Industry: Financial ServicesSector: Financials

Returns

Time FrameMTGSectorS&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 Return16.44%19.73%10.44%
1-Year Return28.31%31.67%27.53%
3-Year Return74.75%27.24%30.88%
5-Year Return67.86%58.69%89.21%
10-Year Return168.1%207.34%199.95%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue1.21B1.20B1.19B1.17B1.16B[{"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 Revenue182.77M176.40M198.44M236.70M226.00M[{"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 Profit1.03B1.02B987.23M936.09M1.16B[{"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 Margin84.94%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)202.00M250.58M[{"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 Income837.34M550.21M793.54M1.14B902.23M[{"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 Income847.98M559.26M801.78M1.09B902.23M[{"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 Taxes174.21M113.17M166.79M224.69M189.28M[{"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 Taxes673.76M446.09M634.98M865.35M712.95M[{"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 Operations1.02B672.43M634.98M1.31B719.89M[{"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 Income673.76M446.09M634.98M865.35M712.95M[{"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)1.851.331.942.932.53[{"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}]

Ratios

Liquidity

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

MTG
Cash Ratio 0.68
Current Ratio 0.68

Asset Efficiency

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%

Liabilities

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

Valuation

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

FAQs

What is MGIC Investment Corp share price today?

MGIC Investment Corp (MTG) share price today is $24.23

Can Indians buy MGIC Investment Corp shares?

Yes, Indians can buy shares of MGIC Investment Corp (MTG) on Vested. To buy MGIC Investment Corp 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 $26.56. The 52-week low price of MGIC Investment Corp (MTG) is $18.27.

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

The price-to-earnings (P/E) ratio of MGIC Investment Corp (MTG) is 8.583

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

The price-to-book (P/B) ratio of MGIC Investment Corp (MTG) is 1.16

What is MGIC Investment Corp dividend yield?

The dividend yield of MGIC Investment Corp (MTG) is 2.14%

What is the Market Cap of MGIC Investment Corp?

The market capitalization of MGIC Investment Corp (MTG) is $6.15B

What is MGIC Investment Corp’s stock symbol?

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

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