MGIC Investment Corporation (MTG)
- Previous Close
19.58 - Open
19.57 - Bid --
- Ask --
- Day's Range
19.57 - 19.83 - 52 Week Range
13.97 - 22.43 - Volume
84,298 - Avg. Volume
2,180,880 - Market Cap (intraday)
5.324B - Beta (5Y Monthly) 1.22
- PE Ratio (TTM)
7.95 - EPS (TTM)
2.49 - Earnings Date May 1, 2024
- Forward Dividend & Yield 0.46 (2.35%)
- Ex-Dividend Date Feb 14, 2024
- 1y Target Est
22.31
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.
mtg.mgic.com627
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: MTG
Performance Overview: MTG
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: MTG
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Statistics: MTG
Valuation Measures
Market Cap
5.26B
Enterprise Value
5.54B
Trailing P/E
7.86
Forward P/E
8.04
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
4.87
Price/Book (mrq)
1.04
Enterprise Value/Revenue
4.80
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
61.72%
Return on Assets (ttm)
9.21%
Return on Equity (ttm)
14.68%
Revenue (ttm)
1.16B
Net Income Avi to Common (ttm)
712.95M
Diluted EPS (ttm)
2.49
Balance Sheet and Cash Flow
Total Cash (mrq)
363.67M
Total Debt/Equity (mrq)
12.73%
Levered Free Cash Flow (ttm)
588.8M
Research Analysis: MTG
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: MTG
MTG: Lowering target price to $20.00
MGIC INVESTMENT CORP has an Investment Rating of HOLD; a target price of $20.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingNeutralPrice TargetMTG: Lowering target price to $22.00
MGIC INVESTMENT CORP has an Investment Rating of HOLD; a target price of $22.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingNeutralPrice TargetMTG: What does Argus have to say about MTG?
MGIC INVESTMENT CORP has an Investment Rating of HOLD; a target price of $23.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingNeutralPrice TargetMTG: Raising target price to $23.00
MGIC INVESTMENT CORP has an Investment Rating of HOLD; a target price of $23.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingNeutralPrice Target