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, the District of Columbia, Puerto Rico, and Guam.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
My Notes
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MGIC Investment Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.47 |
| 52 Week High | US$15.76 |
| 52 Week Low | US$11.38 |
| Beta | 1.34 |
| 1 Month Change | 4.04% |
| 3 Month Change | 12.76% |
| 1 Year Change | 11.06% |
| 3 Year Change | 76.60% |
| 5 Year Change | 44.85% |
| Change since IPO | 118.08% |
Recent News & Updates
Recent updates
Here's Why We Think MGIC Investment (NYSE:MTG) Might Deserve Your Attention Today
Feb 22
MGIC Investment Q4 2022 Earnings Preview
Jan 31MGIC Investment declares $0.10 dividend
Jan 24MGIC Investment Corporation: Strong Buy At 84% Of Book Value
Jan 09Buy MGIC: Capital-Light Strategy Meets A Housing-Light USA
Nov 08MGIC Investment declares $0.10 dividend
Oct 27MGIC: Yes, Housing Stinks, But Buy This Home Mortgage Insurer
Oct 08MGIC Investment's (NYSE:MTG) Dividend Will Be Increased To $0.10
Aug 01MGIC Investment declares raises dividend by 25% to $0.10
Jul 28Buy MGIC, Or Are Investors Right That You Could Lose Your House?
Jun 15MGIC: Buy This Housing Stock. Let MGIC's Facts Replace Housing Fears
May 08Buy MGIC If Selling At Half Of Liquidation Value Seems Cheap To You
Apr 11MGIC Investment: Sorting Out This Mortgage Insurer's Strategic Endgame
Feb 07MGIC Investment's (NYSE:MTG) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 01MGIC: Mortgage Insurer Gets The Excess Cash Flowing
Oct 31MGIC Investment (NYSE:MTG) Will Pay A Larger Dividend Than Last Year At US$0.08
Aug 05Mortgage Insurer MGIC: The Anti-Ape Cash Machine. When You're Ready For Earnings
Jun 13MGIC Investment delinquent loan inventory fell ~6% in May
Jun 07MGIC Investment Corporation 2021 Q1 - Results - Earnings Call Presentation
May 06Who Has Been Buying MGIC Investment Corporation (NYSE:MTG) Shares?
Mar 18MGIC Investment Corporation (NYSE:MTG) Passed Our Checks, And It's About To Pay A US$0.06 Dividend
Feb 11Anxious About Bubble? Consider Buying $1.00 Of MGIC For $0.64
Jan 29The Case For MGIC Investment Corporation (NYSE:MTG): Could It Be A Nice Addition To Your Dividend Portfolio?
Jan 18
Need To Know: MGIC Investment Corporation (NYSE:MTG) Insiders Have Been Buying Shares
Dec 14MGIC Investment reports 49% new delinquency notices in forbearance
Dec 08MGIC Investment Corporation 2020 Q3 - Results - Earnings Call Presentation
Nov 06MGIC Investment declares $0.06 dividend
Oct 29Shareholder Returns
| MTG | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | 2.5% | -0.8% | 1.1% |
| 1Y | 11.1% | -1.6% | -0.09% |
Return vs Industry: MTG exceeded the US Diversified Financial industry which returned -2.3% over the past year.
Return vs Market: MTG exceeded the US Market which returned -0.7% over the past year.
Price Volatility
| MTG volatility | |
|---|---|
| MTG Average Weekly Movement | 3.7% |
| Diversified Financial Industry Average Movement | 5.9% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 3.0% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1957 | 683 | Tim Mattke | https://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 | US$4.43b |
| Earnings (TTM) | US$844.88m |
| Revenue (TTM) | US$1.16b |
5.2x
P/E Ratio3.8x
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
n/a
| 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 comparison