MTG * Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
MGIC Investment Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$257.00 |
| 52 Week High | US$257.00 |
| 52 Week Low | US$257.00 |
| Beta | 1.3 |
| 1 Month Change | 0% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | 23.01% |
| Change since IPO | 219.81% |
Recent News & Updates
Recent updates
Shareholder Returns
| MTG * | MX Diversified Financial | MX Market | |
|---|---|---|---|
| 7D | 0% | 0.7% | -4.3% |
| 1Y | n/a | 9.4% | -14.0% |
Return vs Industry: Insufficient data to determine how MTG * performed against the MX Diversified Financial industry.
Return vs Market: Insufficient data to determine how MTG * performed against the MX Market.
Price Volatility
| MTG * volatility | |
|---|---|
| MTG * Average Weekly Movement | n/a |
| Diversified Financial Industry Average Movement | 4.9% |
| Market Average Movement | 4.1% |
| 10% most volatile stocks in MX Market | 6.0% |
| 10% least volatile stocks in MX Market | 2.6% |
Stable Share Price: MTG * has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine MTG *'s volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1957 | 683 | 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
| MTG * fundamental statistics | |
|---|---|
| Market cap | Mex$77.05b |
| Earnings (TTM) | Mex$14.14b |
| Revenue (TTM) | Mex$19.45b |
5.4x
P/E Ratio4.0x
P/S RatioIs MTG * overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MTG * income statement (TTM) | |
|---|---|
| Revenue | US$1.16b |
| Cost of Revenue | US$7.52m |
| Gross Profit | US$1.15b |
| Other Expenses | US$309.73m |
| Earnings | US$844.88m |
Last Reported Earnings
Mar 31, 2023
Next Earnings Date
Aug 02, 2023
| Earnings per share (EPS) | 2.95 |
| Gross Margin | 99.35% |
| Net Profit Margin | 72.70% |
| Debt/Equity Ratio | 13.9% |
How did MTG * perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield13%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/16 02:46 |
| End of Day Share Price | 2023/04/18 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MGIC Investment Corporation is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Terry Ma | Barclays |
| Mihir Bhatia | BofA Global Research |