Mgic Investment Corp. (MTG)

$24.97

+0.24

(+0.97%)▲

Market is closed - opens 8 PM, 22 Nov 2024

Performance

  • $24.71
    $25.06
    $24.97
    downward going graph

    1.04%

    Downside

    Day's Volatility :1.38%

    Upside

    0.34%

    downward going graph
  • $17.31
    $26.53
    $24.97
    downward going graph

    30.68%

    Downside

    52 Weeks Volatility :34.74%

    Upside

    5.86%

    downward going graph

Returns

PeriodMgic Investment Corp.Sector (Financials)Index (Russel 2000)
3 Months
2.15%
13.1%
0.0%
6 Months
17.99%
17.4%
0.0%
1 Year
42.37%
41.0%
0.0%
3 Years
63.56%
27.0%
-24.5%

Highlights

Market Capitalization
6.2B
Book Value
$20.66
Dividend Share
0.475
Dividend Yield
2.1%
Earnings Per Share (EPS)
2.81
PE Ratio
8.74
PEG Ratio
1.54
Wall Street Target Price
26.214
Profit Margin
64.09%
Operating Margin TTM
85.83%
Return On Assets TTM
9.6%
Return On Equity TTM
15.03%
Revenue TTM
1.2B
Revenue Per Share TTM
4.45
Quarterly Revenue Growth YOY
3.4000000000000004%
Gross Profit TTM
1.2B
EBITDA
1.0B
Diluted Eps TTM
2.81
Quarterly Earnings Growth YOY
0.2
EPS Estimate Current Year
2.86
EPS Estimate Next Year
2.76
EPS Estimate Current Quarter
0.66
EPS Estimate Next Quarter
0.67

Analyst Recommendation

Buy
    61%Buy
    38%Hold
    0
    0%Sell
Based on 13 Wall street analysts offering stock ratings for Mgic Investment Corp.(by analysts ranked 0 to 5 stars)
Based on 13 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
8
9
8
Hold
5
4
5
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 4.98%

Current $24.97
Target $26.21

Company Financials

FY18Y/Y Change
Revenue
1.1B
↑ 5.42%
Net Income
670.1M
↑ 88.36%
Net Profit Margin
59.63%
↑ 26.26%
FY19Y/Y Change
Revenue
1.2B
↑ 8.02%
Net Income
673.8M
↑ 0.55%
Net Profit Margin
55.5%
↓ 4.13%
FY20Y/Y Change
Revenue
1.2B
↓ 1.22%
Net Income
446.1M
↓ 33.79%
Net Profit Margin
37.2%
↓ 18.3%
FY21Y/Y Change
Revenue
1.2B
↓ 1.12%
Net Income
635.0M
↑ 42.34%
Net Profit Margin
53.55%
↑ 16.35%
FY22Y/Y Change
Revenue
1.2B
↓ 1.09%
Net Income
865.3M
↑ 36.28%
Net Profit Margin
73.79%
↑ 20.24%
FY23Y/Y Change
Revenue
1.2B
↓ 1.51%
Net Income
712.9M
↓ 17.61%
Net Profit Margin
61.72%
↓ 12.07%
Q2 FY23Q/Q Change
Revenue
290.7M
↑ 2.36%
Net Income
191.1M
↑ 23.62%
Net Profit Margin
65.73%
↑ 11.31%
Q3 FY23Q/Q Change
Revenue
296.5M
↑ 2.01%
Net Income
182.8M
↓ 4.3%
Net Profit Margin
61.67%
↓ 4.06%
Q4 FY23Q/Q Change
Revenue
284.0M
↓ 4.23%
Net Income
184.5M
↑ 0.91%
Net Profit Margin
64.98%
↑ 3.31%
Q1 FY24Q/Q Change
Revenue
294.4M
↑ 3.66%
Net Income
174.1M
↓ 5.64%
Net Profit Margin
59.14%
↓ 5.84%
Q2 FY24Q/Q Change
Revenue
305.3M
↑ 3.71%
Net Income
204.2M
↑ 17.31%
Net Profit Margin
66.9%
↑ 7.76%
Q3 FY24Q/Q Change
Revenue
306.6M
↑ 0.45%
Net Income
200.0M
↓ 2.09%
Net Profit Margin
65.21%
↓ 1.69%
FY18Y/Y Change
Total Assets
5.7B
↑ 1.04%
Total Liabilities
2.1B
↓ 14.97%
FY19Y/Y Change
Total Assets
6.2B
↑ 9.72%
Total Liabilities
832.7M
↓ 60.27%
FY20Y/Y Change
Total Assets
7.4B
↑ 18.06%
Total Liabilities
1.2B
↑ 49.29%
FY21Y/Y Change
Total Assets
7.3B
↓ 0.4%
Total Liabilities
1.1B
↓ 7.76%
FY22Y/Y Change
Total Assets
6.2B
↓ 15.17%
Total Liabilities
1.6B
↑ 37.01%
FY23Y/Y Change
Total Assets
6.5B
↑ 4.05%
Total Liabilities
1.4B
↓ 11.3%
Q2 FY23Q/Q Change
Total Assets
6.4B
↑ 0.02%
Total Liabilities
663.5M
↑ 0.06%
Q3 FY23Q/Q Change
Total Assets
6.3B
↓ 0.34%
Total Liabilities
642.8M
↓ 3.12%
Q4 FY23Q/Q Change
Total Assets
6.5B
↑ 2.74%
Total Liabilities
1.4B
↑ 122.93%
Q1 FY24Q/Q Change
Total Assets
6.5B
↑ 0.46%
Total Liabilities
643.6M
↓ 55.09%
Q2 FY24Q/Q Change
Total Assets
6.5B
↓ 0.83%
Total Liabilities
1.4B
↑ 111.91%
Q3 FY24Q/Q Change
Total Assets
6.7B
↑ 3.04%
Total Liabilities
1.4B
↑ 1.46%
FY18Y/Y Change
Operating Cash Flow
544.5M
↑ 33.9%
Investing Cash Flow
-317.8M
↑ 4.66%
Financing Cash Flow
-171.6M
↑ 8.18%
FY19Y/Y Change
Operating Cash Flow
609.5M
↑ 11.94%
Investing Cash Flow
-422.1M
↑ 32.83%
Financing Cash Flow
-173.4M
↑ 1.08%
FY20Y/Y Change
Operating Cash Flow
732.3M
↑ 20.14%
Investing Cash Flow
-772.5M
↑ 83.01%
Financing Cash Flow
167.8M
↓ 196.78%
FY21Y/Y Change
Operating Cash Flow
696.3M
↓ 4.91%
Investing Cash Flow
-160.7M
↓ 79.19%
Financing Cash Flow
-527.3M
↓ 414.2%
FY22Y/Y Change
Operating Cash Flow
650.0M
↓ 6.65%
Investing Cash Flow
410.5M
↓ 355.36%
Financing Cash Flow
-1.0B
↑ 95.82%
Q2 FY23Q/Q Change
Operating Cash Flow
144.7M
↓ 31.86%
Investing Cash Flow
-91.8M
↑ 40.91%
Financing Cash Flow
-102.7M
↓ 9.5%
Q3 FY23Q/Q Change
Operating Cash Flow
169.8M
↑ 17.35%
Investing Cash Flow
-240.8M
↑ 162.13%
Financing Cash Flow
-127.6M
↑ 24.33%

Technicals Summary

Sell

Neutral

Buy

Mgic Investment Corp. is currently in a neutral trading position according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Mgic Investment Corp.
Mgic Investment Corp.
-2.52%
17.99%
42.37%
63.56%
75.51%
Ryan Specialty Holdings Inc
Ryan Specialty Holdings Inc
1.55%
31.26%
56.09%
76.71%
157.75%
Axis Capital Holdings Limited
Axis Capital Holdings Limited
5.56%
20.32%
57.27%
64.34%
48.58%
First American Financial Corporation
First American Financial Corporation
3.06%
15.04%
16.24%
-14.05%
5.88%
Fidelity National Financial, Inc.
Fidelity National Financial, Inc.
-1.09%
13.72%
34.14%
14.77%
25.87%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Mgic Investment Corp.
Mgic Investment Corp.
8.79
8.74
1.54
2.86
0.15
0.1
0.02
20.66
Ryan Specialty Holdings Inc
Ryan Specialty Holdings Inc
91.79
91.39
NA
1.79
0.24
0.04
0.01
5.06
Axis Capital Holdings Limited
Axis Capital Holdings Limited
12.01
11.83
-10.28
10.75
0.12
0.02
0.02
66.15
First American Financial Corporation
First American Financial Corporation
74.31
75.28
2.04
4.1
0.02
0.01
0.03
49.44
Fidelity National Financial, Inc.
Fidelity National Financial, Inc.
22.2
22.16
10.83
4.54
0.1
0.01
0.03
29.5
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Mgic Investment Corp.
Mgic Investment Corp.
Buy
$6.3B
75.51%
8.79
64.09%
Ryan Specialty Holdings Inc
Ryan Specialty Holdings Inc
Buy
$18.6B
157.75%
91.79
4.46%
Axis Capital Holdings Limited
Axis Capital Holdings Limited
Buy
$7.3B
48.58%
12.01
10.82%
First American Financial Corporation
First American Financial Corporation
Buy
$6.7B
5.88%
74.31
1.58%
Fidelity National Financial, Inc.
Fidelity National Financial, Inc.
Buy
$16.7B
25.87%
22.2
5.55%

Insights on Mgic Investment Corp.

  • Increasing Revenue

    Revenue is up for the last 4 quarters, 283.95M → 306.64M (in $), with an average increase of 2.5% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 204.22M → 199.96M (in $), with an average decrease of 2.1% per quarter

  • Vs AXS

    In the last 1 year, Axis Capital Holdings Limited has given 57.3% return, outperforming this stock by 14.9%

  • Vs RYAN

    In the last 3 years, Ryan Specialty Holdings Inc has given 67.9% return, outperforming this stock by 2.8%

Institutional Holdings

  • Vanguard Group Inc

    13.80%

  • BlackRock Inc

    9.67%

  • JPMorgan Chase & Co

    6.44%

  • Dimensional Fund Advisors, Inc.

    5.94%

  • First Trust Advisors L.P.

    5.25%

  • LSV Asset Management

    4.08%

Corporate Announcements

  • Mgic Investment Corp. Dividends March,2024

    In the quarter ending March,2024. Mgic Investment Corp. has declared dividend of $0.12

    Read More

Company Information

at mgic, we are committed to helping our customers succeed. affordable homeownership remains a cornerstone of a strong and vibrant community. as the pioneer of the modern private mortgage insurance industry, mortgage guaranty insurance corporation (mgic), the primary subsidiary of mgic investment corp., has supported lenders and their communities for nearly 60 years by providing a prudent means of offering affordable, low-downpayment home financing options. #wearemgic mgic is the principal subsidiary of mgic investment corporation (mtg.mgic.com), headquartered in milwaukee, wisconsin and serves lenders throughout the united states, puerto rico and other locations. join our social community (mgic.com/social): twitter: https://twitter.com/mgic mgic connects blog: https://mgic-connects.com youtube: https://www.youtube.com/user/mgicvideos google+: https://plus.google.com/+mgic-private-mortgage-insurance facebook: https://www.facebook.com/mgicmi/ instagram: http://instagram.com/mgic find a

Organization
Mgic Investment Corp.
Employees
627
CEO
Mr. Salvatore Antonino Miosi
Industry
Finance

FAQs