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MGIC Investment NYSE:MTG Stock Report

Last Price

US$20.80

Market Cap

US$5.6b

7D

-5.0%

1Y

56.9%

Updated

08 Apr, 2024

Data

Company Financials +

MGIC Investment Corporation

NYSE:MTG Stock Report

Market Cap: US$5.6b

MTG Stock Overview

MGIC Investment Corporation, a través de sus filiales, ofrece seguros hipotecarios privados, otras soluciones de gestión del riesgo de crédito hipotecario y servicios auxiliares a prestamistas y entidades patrocinadas por el gobierno en Estados Unidos, el Distrito de Columbia, Puerto Rico y Guam.

MTG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

MGIC Investment Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MGIC Investment
Historical stock prices
Current Share PriceUS$20.80
52 Week HighUS$22.43
52 Week LowUS$13.11
Beta1.22
1 Month Change5.32%
3 Month Change8.50%
1 Year Change56.86%
3 Year Change47.20%
5 Year Change50.72%
Change since IPO193.22%

Recent News & Updates

Here's What Analysts Are Forecasting For MGIC Investment Corporation (NYSE:MTG) After Its Yearly Results

Feb 24
Here's What Analysts Are Forecasting For MGIC Investment Corporation (NYSE:MTG) After Its Yearly Results

Buy MGIC - Slow, Steady And Still Cheap

Feb 04

Recent updates

Here's What Analysts Are Forecasting For MGIC Investment Corporation (NYSE:MTG) After Its Yearly Results

Feb 24
Here's What Analysts Are Forecasting For MGIC Investment Corporation (NYSE:MTG) After Its Yearly Results

Buy MGIC - Slow, Steady And Still Cheap

Feb 04

Home Mortgage Industry Arbitrage - Buy MGIC, Sell Rocket

Dec 26

Benign Growth For MGIC Investment Corporation (NYSE:MTG) Underpins Its Share Price

Dec 26
Benign Growth For MGIC Investment Corporation (NYSE:MTG) Underpins Its Share Price

Buy MGIC: Ramping Up The Cash To Investors

Nov 02

MGIC Investment May Be An Attractive Play On A Resilient Housing Market

Oct 16

Is Now The Time To Put MGIC Investment (NYSE:MTG) On Your Watchlist?

Sep 26
Is Now The Time To Put MGIC Investment (NYSE:MTG) On Your Watchlist?

Buy MGIC: This Time Mortgage Credit Really Is Different

Aug 16

MGIC Investment's (NYSE:MTG) Dividend Will Be Increased To $0.115

Jul 31
MGIC Investment's (NYSE:MTG) Dividend Will Be Increased To $0.115

Buy Housing Stock MGIC, Sell Redfin, Seriously Skewed Valuations

Jul 12

MGIC's Recent Rally Reduces Upside, But The Stock Remains A 'Buy'

Jun 25

We Ran A Stock Scan For Earnings Growth And MGIC Investment (NYSE:MTG) Passed With Ease

Jun 09
We Ran A Stock Scan For Earnings Growth And MGIC Investment (NYSE:MTG) Passed With Ease

Here's Why We Think MGIC Investment (NYSE:MTG) Might Deserve Your Attention Today

Feb 22
Here's Why We Think MGIC Investment (NYSE:MTG) Might Deserve Your Attention Today

MGIC Investment Q4 2022 Earnings Preview

Jan 31

MGIC Investment declares $0.10 dividend

Jan 24

MGIC Investment Corporation: Strong Buy At 84% Of Book Value

Jan 09

Buy MGIC: Capital-Light Strategy Meets A Housing-Light USA

Nov 08

MGIC Investment declares $0.10 dividend

Oct 27

MGIC: Yes, Housing Stinks, But Buy This Home Mortgage Insurer

Oct 08

MGIC Investment's (NYSE:MTG) Dividend Will Be Increased To $0.10

Aug 01
MGIC Investment's (NYSE:MTG) Dividend Will Be Increased To $0.10

MGIC Investment declares raises dividend by 25% to $0.10

Jul 28

Buy MGIC, Or Are Investors Right That You Could Lose Your House?

Jun 15

MGIC: Buy This Housing Stock. Let MGIC's Facts Replace Housing Fears

May 08

Buy MGIC If Selling At Half Of Liquidation Value Seems Cheap To You

Apr 11

MGIC Investment: Sorting Out This Mortgage Insurer's Strategic Endgame

Feb 07

MGIC Investment's (NYSE:MTG) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 01
MGIC Investment's (NYSE:MTG) Shareholders Will Receive A Bigger Dividend Than Last Year

MGIC: Mortgage Insurer Gets The Excess Cash Flowing

Oct 31

MGIC Investment (NYSE:MTG) Will Pay A Larger Dividend Than Last Year At US$0.08

Aug 05
MGIC Investment (NYSE:MTG) Will Pay A Larger Dividend Than Last Year At US$0.08

Mortgage Insurer MGIC: The Anti-Ape Cash Machine. When You're Ready For Earnings

Jun 13

MGIC Investment delinquent loan inventory fell ~6% in May

Jun 07

MGIC Investment Corporation 2021 Q1 - Results - Earnings Call Presentation

May 06

Who Has Been Buying MGIC Investment Corporation (NYSE:MTG) Shares?

Mar 18
Who Has Been Buying MGIC Investment Corporation (NYSE:MTG) Shares?

MGIC Investment Corporation (NYSE:MTG) Passed Our Checks, And It's About To Pay A US$0.06 Dividend

Feb 11
MGIC Investment Corporation (NYSE:MTG) Passed Our Checks, And It's About To Pay A US$0.06 Dividend

Anxious About Bubble? Consider Buying $1.00 Of MGIC For $0.64

Jan 29

Shareholder Returns

MTGUS Diversified FinancialUS Market
7D-5.0%-0.3%-0.7%
1Y56.9%29.1%25.9%

Rentabilidad frente al sector: MTG superó al sector US Diversified Financial , que obtuvo un rendimiento del 15.2% el año pasado.

Rentabilidad vs. Mercado: MTG superó al mercado US, que obtuvo un rendimiento del 20.5% el año pasado.

Price Volatility

Is MTG's price volatile compared to industry and market?
MTG volatility
MTG Average Weekly Movement3.5%
Diversified Financial Industry Average Movement5.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Precio estable de las acciones: MTG no ha tenido una volatilidad de precios significativa en los últimos 3 meses.

Volatilidad a lo largo del tiempo: La volatilidad semanal de MTG (3%) se ha mantenido estable durante el año pasado.

About the Company

FoundedEmployeesCEOWebsite
1957627Tim Mattkehttps://mtg.mgic.com

MGIC Investment Corporation, a través de sus filiales, ofrece seguros hipotecarios privados, otras soluciones de gestión del riesgo de crédito hipotecario y servicios auxiliares a prestamistas y entidades patrocinadas por el gobierno en Estados Unidos, el Distrito de Columbia, Puerto Rico y Guam. La empresa ofrece seguros hipotecarios primarios que proporcionan protección contra el impago de hipotecas sobre préstamos individuales, además de cubrir el principal impagado del préstamo, los intereses de demora y diversos gastos asociados al impago y la posterior ejecución hipotecaria. También ofrece seguros colectivos para transacciones hipotecarias en el mercado secundario y servicios de suscripción de contratos, así como reaseguros.

MGIC Investment Corporation Fundamentals Summary

How do MGIC Investment's earnings and revenue compare to its market cap?
MTG fundamental statistics
Market capUS$5.58b
Earnings (TTM)US$712.95m
Revenue (TTM)US$1.16b

7.9x

P/E Ratio

4.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MTG income statement (TTM)
RevenueUS$1.16b
Cost of RevenueUS$184.36m
Gross ProfitUS$970.74m
Other ExpensesUS$257.79m
EarningsUS$712.95m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)2.64
Gross Margin84.04%
Net Profit Margin61.72%
Debt/Equity Ratio12.7%

How did MTG perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

17%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.