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MGIC Investment is an insurance-specialty business based in the US. MGIC Investment shares (MTG) are listed on the NYSE and all prices are listed in US Dollars. MGIC Investment employs 711 staff and has a trailing 12-month revenue of around $1.2 billion.
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| Latest market close | $14.16 |
|---|---|
| 52-week range | $11.21 - $15.99 |
| 50-day moving average | $13.21 |
| 200-day moving average | $13.43 |
| Wall St. target price | $16.19 |
| PE ratio | 5.1873 |
| Dividend yield | $0.34 (2.91%) |
| Earnings per share (TTM) | $2.67 |
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This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $14.16 from 2023-01-27
| 1 week (2023-01-24) | 2.98% |
|---|---|
| 1 month (2022-12-30) | 8.92% |
| 3 months (2022-10-31) | 3.74% |
| 6 months (2022-07-29) | 0.14% |
| 1 year (2022-01-31) | -6.72% |
|---|---|
| 2 years (2021-01-29) | 20.82% |
| 3 years (2020-01-31) | 2.68% |
| 5 years (2018-01-31) | 14.82 |
Valuing MGIC Investment stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MGIC Investment's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
MGIC Investment's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, MGIC Investment shares trade at around 5x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
MGIC Investment's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.54. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MGIC Investment's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
MGIC Investment's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.3 billion.
The EBITDA is a measure of a MGIC Investment's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $1.2 billion |
|---|---|
| Operating margin TTM | 102.26% |
| Gross profit TTM | $927.2 million |
| Return on assets TTM | 10.99% |
| Return on equity TTM | 18.01% |
| Profit margin | 72.18% |
| Book value | $15.16 |
| Market capitalisation | $4.1 billion |
TTM: trailing 12 months
Dividend payout ratio: 12.46% of net profits
Recently MGIC Investment has paid out, on average, around 12.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.91% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MGIC Investment shareholders could enjoy a 2.91% return on their shares, in the form of dividend payments. In MGIC Investment's case, that would currently equate to about $0.34 per share.
While MGIC Investment's payout ratio might seem low, this can signify that MGIC Investment is investing more in its future growth.
MGIC Investment's most recent dividend payout was on 22 November 2022. The latest dividend was paid out to all shareholders who bought their shares by 15 February 2023 (the "ex-dividend date").
MGIC Investment's shares were split on a 2:1 basis on 2 June 1997. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your MGIC Investment shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for MGIC Investment shares which in turn could have impacted MGIC Investment's share price.
Over the last 12 months, MGIC Investment's shares have ranged in value from as little as $11.2127 up to $15.993. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while MGIC Investment's is 1.3596. This would suggest that MGIC Investment's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin. .
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