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NYSE: MTG
Mgic Investment Corp Stock

$20.80-0.14 (-0.67%)
Updated Jun 10, 2024
MTG Price
$20.80
Fair Value Price
N/A
Market Cap
$5.55B
52 Week Low
$15.02
52 Week High
$22.43
P/E
7.94x
P/B
1.09x
P/S
5.19x
PEG
19.16x
Dividend Yield
2.21%
Revenue
$1.17B
Earnings
$732.50M
Gross Margin
102%
Operating Margin
82.62%
Profit Margin
62.8%
Debt to Equity
0.28
Operating Cash Flow
$691M
Beta
1.25
Next Earnings
Jul 31, 2024
Ex-Dividend
N/A
Next Dividend
N/A

MTG Overview

MGIC Investment Corporation provides mortgage insurance and other mortgage credit risk management solutions to lenders and government sponsored entities in the U.S. The company also provides contract underwriting services, as well as reinsurance. MGIC Investment was founded in 1957 and is headquartered in Milwaukee, WI.

Zen Score

Industry Average (34)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how MTG scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MTG ($20.80) is trading above its intrinsic value of $14.76, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
MTG is good value based on its earnings relative to its share price (7.94x), compared to the US market average (29.37x)
P/E vs Market Valuation
MTG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more MTG due diligence checks available for Premium users.

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MTG News

Valuation

MTG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
7.94x
Industry
25.55x
Market
29.37x
MTG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MTG is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

MTG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.09x
Industry
1.53x
MTG is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MTG price to earnings growth (PEG)

For valuing profitable companies with growth potential
MTG is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

MTG's financial health

Profit margin

Revenue
$294.4M
Net Income
$174.1M
Profit Margin
59.1%
MTG's Earnings (EBIT) of $962.94M... subscribe to Premium to read more.
Interest Coverage Financials
MTG's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$6.5B
Liabilities
$1.4B
Debt to equity
0.28
MTG's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
MTG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$190.5M
Investing
$26.0M
Financing
-$147.6M
MTG's operating cash flow ($691.21M)... subscribe to Premium to read more.
Debt Coverage Financials

MTG vs Specialty Insurance Stocks

TickerMarket Cap1d %P/EP/B
MTG$5.55B-0.67%7.94x1.09x
FAF$5.46B-2.25%25.20x1.14x
ESNT$5.98B-0.80%8.39x1.14x
AXS$6.03B-1.18%10.79x1.10x
ACT$4.70B+0.03%7.34x1.00x

Mgic Investment Stock FAQ

What is Mgic Investment's quote symbol?

(NYSE: MTG) Mgic Investment trades on the NYSE under the ticker symbol MTG. Mgic Investment stock quotes can also be displayed as NYSE: MTG.

If you're new to stock investing, here's how to buy Mgic Investment stock.

What is the 52 week high and low for Mgic Investment (NYSE: MTG)?

(NYSE: MTG) Mgic Investment's 52-week high was $22.43, and its 52-week low was $15.02. It is currently -7.27% from its 52-week high and 38.48% from its 52-week low.

How much is Mgic Investment stock worth today?

(NYSE: MTG) Mgic Investment currently has 266,587,218 outstanding shares. With Mgic Investment stock trading at $20.80 per share, the total value of Mgic Investment stock (market capitalization) is $5.55B.

Mgic Investment stock was originally listed at a price of $66.50 in Dec 31, 1997. If you had invested in Mgic Investment stock at $66.50, your return over the last 26 years would have been -68.72%, for an annualized return of -4.37% (not including any dividends or dividend reinvestments).

How much is Mgic Investment's stock price per share?

(NYSE: MTG) Mgic Investment stock price per share is $20.80 today (as of Jun 10, 2024).

What is Mgic Investment's Market Cap?

(NYSE: MTG) Mgic Investment's market cap is $5.55B, as of Jun 11, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Mgic Investment's market cap is calculated by multiplying MTG's current stock price of $20.80 by MTG's total outstanding shares of 266,587,218.
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