MGIC - Magic Software Enterprises Ltd.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
8.85
+0.11 (+1.20%)
At close: 4:00PM EDT
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Previous Close8.74
Open8.80
Bid8.40 x 1300
Ask8.95 x 800
Day's Range8.79 - 8.85
52 Week Range7.60 - 9.50
Volume34,147
Avg. Volume32,576
Market Cap431.504M
Beta0.45
PE Ratio (TTM)22.12
EPS (TTM)0.40
Earnings DateN/A
Forward Dividend & Yield0.31 (3.48%)
Ex-Dividend Date2018-08-21
1y Target Est10.25
Trade prices are not sourced from all markets
  • GlobeNewswire11 hours ago

    Recent Analysis Shows Magic Software Enterprises, Resonant, Landec, BlackBerry, Teva Pharmaceutical Industries, and Herbalife LTD Market Influences — Renewed Outlook, Key Drivers of Growth

    NEW YORK, Aug. 21, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Magic ...

  • ACCESSWIRE13 days ago

    Magic Software Enterprises Ltd. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 8, 2018 / Magic Software Enterprises Ltd. (NASDAQ: MGIC ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 8, 2018 at 10:00 AM ...

  • Magic Software (MGIC) Surpasses Q2 Earnings Estimates
    Zacks13 days ago

    Magic Software (MGIC) Surpasses Q2 Earnings Estimates

    Magic Software (MGIC) delivered earnings and revenue surprises of 6.67% and -3.08%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press14 days ago

    Magic Software: 2Q Earnings Snapshot

    The Or Yehuda, Israel-based company said it had profit of 12 cents per share. Earnings, adjusted for one-time gains and costs, came to 16 cents per share. The business process integration software company ...

  • GlobeNewswire14 days ago

    Magic Reports Strong Momentum with Record-Breaking Operational Results and Announces Distribution of Cash Dividend of $7.6 Million for the First Half of 2018

    Company achieves record-breaking operating income of $8.0 million and Non-GAAP operating income of $9.8 million for the second quarter of 2018. Or Yehuda, Israel, Aug. 08, 2018-- Magic Software Enterprises ...

  • GlobeNewswire15 days ago

    Magic Software Releases Magic xpa 4.0 Featuring a Powerful New Angular-based Web Application Framework

    Angular is an open-source JavaScript framework, developed and maintained by Google, that helps developers and designers build dynamic user interfaces for Web applications. Magic’s Web application framework decouples the business logic from the presentation of the apps providing developers with the flexibility to use the Angular open-source platform with industry-standard state-of-the-art technologies, including HTML5, CSS, and JavaScript for designer-quality screens, while benefiting from the productivity, security, and scalability capabilities provided by Magic’s low-code development platform.

  • GlobeNewswire27 days ago

    Topicus Signs a $2.3 Million, Five-Year Term License Agreement with Magic Software

    Magic xpa has been a core application platform in the development of EuroPort+, the Netherlands’ leading banking platform for wealth management, which Topicus acquired with its purchase of Able B.V. in 2017. EuroPort+ securely processes millions of accounts and investment portfolios and savings accounts, and the processing of hundreds of thousands of transactions per hour.

  • GlobeNewswirelast month

    Magic to Announce Second Quarter 2018 Financial Results on August 8, 2018

    Management will host a conference call on Wednesday, August 8, 2018 at 10:00 a.m. Eastern Daylight Time (5:00 p.m. Israel Daylight Time) to review and discuss Magic’s results. Magic Software Enterprises (NASDAQ and TASE: MGIC) empowers customers and partners around the globe with smarter technology that provides a multichannel user experience of enterprise logic and data. Regarding any financial statements, actual results might vary significantly based upon a number of factors including, but not limited to, risks in product and technology development, market acceptance of new products and continuing product conditions, both locally and abroad, release and sales of new products by strategic resellers and customers, and other risk factors detailed in Magic's most recent annual report and other filings with the Securities and Exchange Commission.

  • ACCESSWIRElast month

    Magic Software Becomes a Microsoft One Commercial Partner with the Highly-Coveted Co-Sell Ready Status

    TASE: MGIC), a global provider of end-to-end integration and application development platforms and IT consulting services, announced today it has earned Co-Sell Ready Status through the Microsoft One Commercial Partner (OCP) Program for its Magic xpi integration platform and Magic xpc cloud-based integration platform as a service (iPaaS). Magic Software representatives will collaborate with Microsoft field sales teams and Microsoft partners worldwide on targeted customer integration and application development opportunities. Using Magic xpi integration platform and the Magic xpc cloud-based integration platform as a service, companies can connect a wide range of business ecosystems by implementing out-of-the-box certified and optimized connectors to extend the capabilities of leading ERP, CRM, finance, and other enterprise systems.

  • Is Magic Software Enterprises Ltd’s (NASDAQ:MGIC) Balance Sheet Strong Enough To Weather A Storm?
    Simply Wall St.2 months ago

    Is Magic Software Enterprises Ltd’s (NASDAQ:MGIC) Balance Sheet Strong Enough To Weather A Storm?

    Magic Software Enterprises Ltd (NASDAQ:MGIC) is a small-cap stock with a market capitalization of US$384.81M. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies,Read More...

  • GlobeNewswire2 months ago

    Investor Expectations to Drive Momentum within Core-Mark Holding, SSR Mining, iRhythm Technologies, Magic Software Enterprises, Jounce Therapeutics, and Akebia Therapeutics — Discovering Underlying Factors of Influence

    NEW YORK, June 06, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Core-Mark ...

  • GlobeNewswire3 months ago

    Announcement of proposed private placement of Ordinary Shares to several leading Israeli institutional investors and Formula Systems (1985) Ltd.

    Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), announced today that its board of directors has approved a proposed private placement of 3,150,559 Ordinary Shares of the Company to several leading Israeli institutional investors and 1,117,734 Ordinary Shares of the Company to its principal shareholder, Formula Systems (1985) Ltd., under the same terms. The Company’s gross proceeds from the offering are expected to be $35.0 million based on a price of $8.20 per share. The Company intends to use the net proceeds of the offering to support its continued organic growth momentum and funding of potential acquisitions.

  • Associated Press3 months ago

    Magic Software: 1Q Earnings Snapshot

    The Or Yehuda, Israel-based company said it had net income of 10 cents per share. Earnings, adjusted for one-time gains and costs, were 14 cents per share. The business process integration software company ...

  • PR Newswire3 months ago

    Magic Delivers Strongest Quarter Ever With Double-Digit Increases in Revenues and Operating Income

    Revenues for the first quarter of 2018 increased 15% year over year to a record-breaking $69.7 million ; Operating income increased 19% year over year to a record-breaking $7.6 million ; Non-GAAP operating ...

  • PR Newswire4 months ago

    Magic Software Announces Filing of 2017 Annual Report

    The annual report is available on the Company's website (www.magicsoftware.com). Shareholders may receive a hard copy of the annual report free of charge upon request. Magic Software Enterprises (NASDAQ: MGIC and TASE: MGIC) empowers customers and partners around the globe with smarter technology that provides a multichannel user experience of enterprise logic and data.

  • PR Newswire4 months ago

    Magic to Announce First Quarter 2018 Financial Results on May 16, 2018

    A conference call will be held on Wednesday, May 16, 2018 at 10:00 a.m. Eastern Daylight Time (5:00 p.m. Israel Daylight Time) to discuss the results. Magic Software Enterprises (NASDAQ and TASE: MGIC) empowers customers and partners around the globe with smarter technology that provides a multichannel user experience of enterprise logic and data.

  • Magic's Application Development Platform Continues to Dominate the Japanese Market in License Sales
    PR Newswire4 months ago

    Magic's Application Development Platform Continues to Dominate the Japanese Market in License Sales

    Magic xpa leads the market for the third year in a row achieving over 40% market share according to the MIC Research Institute Ltd. According to the "Market Research for Next Generation Extra-Rapid Development Tools in 2018" published by MIC Research Institute Ltd., the Magic xpa Application Platform grew 2% achieving a 41% share of the Japanese market.

  • PR Newswire5 months ago

    Magic Software Announces Latest Version of Magic xpi Integration Platform, Magic xpi 4.7

    OR YEHUDA, Israel, March 14, 2018 /PRNewswire/ -- Magic Software Enterprises Ltd., (MGIC) (MGIC), a global provider of end-to-end integration and application development solutions and IT consulting services, today announced the launch of Magic xpi 4.7, a solution that enables organizations to quickly adapt to changing technologies and business conditions, while providing a multi-point low code solution that aims to lower IT development and operational costs associated with integration. By collaborating with Salesforce, Magic Software is significantly expanding its partners' network and maximizing its service offering to customers around the world, enabling them to better serve their customers via all channels by connecting to back-office ERP and finance applications, and streamlining business processes across numerous applications.

  • 3 Days Left Before Magic Software Enterprises Ltd (NASDAQ:MGIC) Will Start Trading Ex-Dividend, Should Investors Buy?
    Simply Wall St.5 months ago

    3 Days Left Before Magic Software Enterprises Ltd (NASDAQ:MGIC) Will Start Trading Ex-Dividend, Should Investors Buy?

    Investors who want to cash in on Magic Software Enterprises Ltd’s (NASDAQ:MGIC) upcoming dividend of $0.13 per share have only 3 days left to buy the shares before its ex-dividendRead More...

  • Associated Press6 months ago

    Magic Software posts 4Q profit

    On a per-share basis, the Or Yehuda, Israel-based company said it had net income of 9 cents. Earnings, adjusted for one-time gains and costs, came to 11 cents per share. The business process integration ...

  • ACCESSWIRE6 months ago

    Magic Software Enterprises Ltd. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / February 28, 2018 / Magic Software Enterprises Ltd. (NASDAQ: MGIC ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 28, 2018 at 10:00 ...

  • PR Newswire6 months ago

    Magic Announces Distribution of Cash Dividend for Second Half of 2017

    The dividend is payable on March 26, 2018 to all of the Company's shareholders of record at the close of the NASDAQ Global Select Market on March 13, 2018. Together with the dividend distributed for the first half of 2017, Magic distributed an annual total of US $0.26 per share related to its 2017 earnings and in the aggregate amount of approximately US $11.6 million. In accordance with Israeli tax law, the dividend is subject to withholding tax at source at the rate of 30% (if the recipient of the dividend is at the time of distribution or was at any time during the preceding 12-month period the holder of 10% or more of the Company's share capital) or 25% (for all other dividend recipients) of the dividend amount payable to each shareholder of record, subject to applicable exemptions.

  • PR Newswire6 months ago

    Magic Delivers Record-Breaking Revenues of $258 Million for 2017 With 28% Year Over Year Growth

    Operating income for the year increased 23% year over year to $26.0 million ; Non-GAAP operating income for the year increased 24% year over year to a record-breaking $35.1 million OR YEHUDA, Israel , ...