MGC Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
MGIC Investment Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.10 |
| 52 Week High | US$20.40 |
| 52 Week Low | US$13.30 |
| Beta | 1.22 |
| 1 Month Change | 1.06% |
| 3 Month Change | 7.30% |
| 1 Year Change | 43.61% |
| 3 Year Change | 61.86% |
| 5 Year Change | 54.41% |
| Change since IPO | -58.10% |
Recent News & Updates
Recent updates
Shareholder Returns
| MGC | DE Diversified Financial | DE Market | |
|---|---|---|---|
| 7D | 0% | 1.7% | -1.0% |
| 1Y | 43.6% | -7.0% | 2.2% |
Return vs Industry: MGC exceeded the German Diversified Financial industry which returned -7% over the past year.
Return vs Market: MGC exceeded the German Market which returned 2.2% over the past year.
Price Volatility
| MGC volatility | |
|---|---|
| MGC Average Weekly Movement | 3.5% |
| Diversified Financial Industry Average Movement | 5.3% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 10.3% |
| 10% least volatile stocks in DE Market | 2.5% |
Stable Share Price: MGC has not had significant price volatility in the past 3 months.
Volatility Over Time: MGC's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1957 | 627 | Tim Mattke | mtg.mgic.com |
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.
MGIC Investment Corporation Fundamentals Summary
| MGC fundamental statistics | |
|---|---|
| Market cap | €5.11b |
| Earnings (TTM) | €680.20m |
| Revenue (TTM) | €1.08b |
7.6x
P/E Ratio4.8x
P/S RatioIs MGC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGC income statement (TTM) | |
|---|---|
| Revenue | US$1.17b |
| Cost of Revenue | US$169.53m |
| Gross Profit | US$995.97m |
| Other Expenses | US$263.47m |
| Earnings | US$732.50m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.75 |
| Gross Margin | 85.45% |
| Net Profit Margin | 62.85% |
| Debt/Equity Ratio | 12.6% |
How did MGC perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield17%
Payout RatioDoes MGC pay a reliable dividends?
See MGC dividend history and benchmarks| MGIC Investment dividend dates | |
|---|---|
| Ex Dividend Date | May 08 2024 |
| Dividend Pay Date | May 21 2024 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 14 days |
Does MGC pay a reliable dividends?
See MGC dividend history and benchmarks