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MTG

MGIC Investment NYSE:MTG Stock Report

Last Price

US$14.17

Market Cap

US$4.2b

7D

0.07%

1Y

-8.3%

Updated

03 Feb, 2023

Data

Company Financials +

MTG 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, Puerto Rico, and Guam.

MTG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health1/6
Dividends3/6

My Notes

New

Notes are coming soon

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$14.17
52 Week HighUS$16.41
52 Week LowUS$11.38
Beta1.36
1 Month Change7.76%
3 Month Change6.22%
1 Year Change-8.34%
3 Year Change-0.56%
5 Year Change1.14%
Change since IPO99.75%

Recent News & Updates

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

Recent updates

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

The Case For MGIC Investment Corporation (NYSE:MTG): Could It Be A Nice Addition To Your Dividend Portfolio?

Jan 18
The Case For MGIC Investment Corporation (NYSE:MTG): Could It Be A Nice Addition To Your Dividend Portfolio?

Need To Know: MGIC Investment Corporation (NYSE:MTG) Insiders Have Been Buying Shares

Dec 14
Need To Know: MGIC Investment Corporation (NYSE:MTG) Insiders Have Been Buying Shares

MGIC Investment reports 49% new delinquency notices in forbearance

Dec 08

MGIC Investment Corporation 2020 Q3 - Results - Earnings Call Presentation

Nov 06

MGIC Investment declares $0.06 dividend

Oct 29

Shareholder Returns

MTGUS MortgageUS Market
7D0.07%6.3%2.9%
1Y-8.3%-5.1%-8.5%

Return vs Industry: MTG underperformed the US Mortgage industry which returned -5.1% over the past year.

Return vs Market: MTG matched the US Market which returned -8.5% over the past year.

Price Volatility

Is MTG's price volatile compared to industry and market?
MTG volatility
MTG Average Weekly Movement3.5%
Mortgage Industry Average Movement3.5%
Market Average Movement6.8%
10% most volatile stocks in US Market17.6%
10% least volatile stocks in US Market2.8%

Stable Share Price: MTG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MTG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1957711Tim Mattkehttps://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, 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 contract underwriting services, as well as reinsurance.

MGIC Investment Corporation Fundamentals Summary

How do MGIC Investment's earnings and revenue compare to its market cap?
MTG fundamental statistics
Market CapUS$4.19b
Earnings (TTM)US$865.35m
Revenue (TTM)US$1.17b

4.8x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTG income statement (TTM)
RevenueUS$1.17b
Cost of Revenue-US$5.50m
Gross ProfitUS$1.18b
Other ExpensesUS$312.94m
EarningsUS$865.35m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.95
Gross Margin100.47%
Net Profit Margin73.79%
Debt/Equity Ratio14.3%

How did MTG perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

13%

Payout Ratio

Does MTG pay a reliable dividends?

See MTG dividend history and benchmarks
When do you need to buy MTG by to receive an upcoming dividend?
MGIC Investment dividend dates
Ex Dividend DateFeb 16 2023
Dividend Pay DateMar 02 2023
Days until Ex dividend12 days
Days until Dividend pay date26 days

Does MTG pay a reliable dividends?

See MTG dividend history and benchmarks