Summary

25.02 -0.41(-1.61%)09/03/2024
MGIC Investment Corp (MTG)

Key Facts


Historical Returns
1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
-1.610.246.7417.1326.6845.04109.09311.41


Price Chart
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Key Statistics
Trading Data
Close25.02
Open25.33
High25.61
Low24.96
Volume961,305
Change-0.41
Change %-1.61
Avg Volume (20 Days)921,564
Volume/Avg Volume (20 Days) Ratio1.04
52 Week Range16.30 - 25.93
Price vs 52 Week High-3.51%
Price vs 52 Week Low53.50%
Range-1.22
Gap Up/Down-0.13
Fundamentals
Market Capitalization (Mln)6,592
EBIDTA994,457,984
PE Ratio8.1731
PEG Ratio1.5400
WallStreet Target Price22.44
Book Value18.9690
Earnings Per Share2.6000
EPS Estimate Current Quarter0.6000
EPS Estimate Next Quarter0.6200
EPS Estimate Current Year2.5200
EPS Estimate Next Year2.6000
Diluted EPS (TTM)2.6000
Revenues
Profit Marging0.6285
Operating Marging (TTM)0.7772
Return on asset (TTM)0.0934
Return on equity (TTM)0.1483
Revenue TTM1,165,497,984
Revenue per share TTM4.1860
Quarterly Revenue Growth (YOY)0.0370
Quarterly Earnings Growth (YOY)0.2170
Gross Profit (TTM)1,202,987,000
Dividends
Dividend Share0.4450
Dividend Yield0.0216
Valuations
Trailing PE8.1731
Forward PE8.1103
Price Sales (TTM)0.0000
Price Book (MRQ)1.0463
Revenue Enterprise Value 4.8362
EBITDA Enterprise Value0.0000
Shares
Shares Outstanding266,587,008
Shares Float262,385,803
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.04
Insider (%)1.33
Institutions (%)99.59


News
08/30 12:37 EST - zacks.com
Why Is MGIC (MTG) Up 2.7% Since Last Earnings Report?
MGIC (MTG) reported earnings 30 days ago. What's next for the stock?
08/26 10:55 EST - zacks.com
4 Low Price-to-Book Stocks From the Undervalued Insurance Industry
Riding on product diversification, better pricing and solid capital position, undervalued insurers like AXS, NMIH, MTG and ORI are poised to fetch better returns.
08/21 19:28 EST - prnewswire.com
MGIC Comments on the Recently Adopted PMIERs Updates
MILWAUKEE , Aug. 21, 2024 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), comments on the updates by the government sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, to the Private Mortgage Insurer Eligibility Requirements (PMIERs) Available Assets Standards. "We are proud of the critical role private mortgage insurance (MI) plays in the housing finance system.
08/19 13:01 EST - zacks.com
MGIC Investment (MTG) is a Great Momentum Stock: Should You Buy?
Does MGIC Investment (MTG) have what it takes to be a top stock pick for momentum investors? Let's find out.
08/16 12:35 EST - zacks.com
MGIC Investment (MTG) Gains 24% YTD: More Room for Growth?
MGIC Investment (MTG) is set to grow on solid insurance in force, a decline in loss and claims payments, lower delinquency, better housing market fundamentals and prudent capital deployment.
08/06 13:20 EST - zacks.com
Why MGIC (MTG) Might be Well Poised for a Surge
MGIC (MTG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
08/01 13:22 EST - seekingalpha.com
MGIC Investment Corporation (MTG) Q2 2024 Earnings Call Transcript
MGIC Investment Corporation (NYSE:MTG ) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Dianna Higgins - Head, Investor Relations Tim Mattke - Chief Executive Officer Nathan Colson - Chief Financial Officer & Chief Risk Officer Conference Call Participants Soham Bhonsle – BTIG Bose George – KBW Terry Ma – Barclays Douglas Harter - UBS Mihir Bhatia - Bank of America Geoffrey Dunn - Dowling Operator Ladies and gentlemen, thank you for standing by. Welcome to the MGIC Investment Corporation Second Quarter 2024 Earnings Call.
08/01 10:46 EST - zacks.com
MGIC Investment (MTG) Beats Q2 Earnings, Raises Dividend
MGIC Investment (MTG) Q2 results reflect higher premiums written, improved net investment income and lower underwriting and other expenses, partially offset by lower insurance in force.
08/01 10:15 EST - zacks.com
MGIC Investment Corporation (MTG) Hits Fresh High: Is There Still Room to Run?
MGIC (MTG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
07/31 21:30 EST - zacks.com
MGIC (MTG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for MGIC (MTG) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
07/31 18:30 EST - zacks.com
MGIC Investment (MTG) Beats Q2 Earnings and Revenue Estimates
MGIC Investment (MTG) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.68 per share a year ago.
07/31 16:05 EST - prnewswire.com
MGIC Investment Corporation Reports Second Quarter 2024 Results
Second Quarter 2024 Net Income of $204.2 million or $0.77 per Diluted Share Second Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $204.9 million or $0.77  per Diluted Share MILWAUKEE , July 31, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the second quarter of 2024. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "I am pleased to report we again delivered a solid quarter of financial results.
07/30 13:00 EST - zacks.com
What Makes MGIC Investment (MTG) a Strong Momentum Stock: Buy Now?
Does MGIC Investment (MTG) have what it takes to be a top stock pick for momentum investors? Let's find out.
07/30 07:31 EST - seekingalpha.com
7 Upcoming Dividend Increases
The article presents upcoming dividend increases, with an average increase of 7.1% and a median of 5.9%. Investment strategy involves buying companies with a consistent dividend growth history and beating benchmarks for long-term portfolio success. Data is sourced from the U.S. Dividend Champions spreadsheet and NASDAQ for companies with at least 5 years of dividend growth.
07/25 13:04 EST - prnewswire.com
MGIC Investment Corporation Announces an Increase to Quarterly Dividend
MILWAUKEE , July 25, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share, an increase of 13% from the last quarterly dividend paid of $0.115 per share. This quarter's dividend will be payable on August 22, 2024, to shareholders of record as of August 8, 2024.
07/15 10:16 EST - zacks.com
MGIC Investment Corporation (MTG) Hit a 52 Week High, Can the Run Continue?
MGIC (MTG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
07/01 16:30 EST - prnewswire.com
MGIC Investment Corporation Schedules 2nd Quarter 2024 Earnings Call
MILWAUKEE , July 1, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its second quarter 2024 financial results after the market closes on Wednesday, July 31, 2024. A conference call/webcast has been scheduled for 10:00 a.m.
06/24 10:40 EST - zacks.com
Here's Why Hold Strategy is Apt for MGIC Investment (MTG)
MGIC Investment (MTG) is well-poised to gain from solid insurance in force, a decline in loss and claims payments, better housing market fundamentals and prudent capital deployment.
06/19 10:45 EST - zacks.com
MTG or ACT: Which Multiline Insurance Stock is Better-Positioned?
Let's see how MGIC Investment (MTG) and Enact Holdings (ACT) fare in terms of some of the key metrics.
05/31 12:36 EST - zacks.com
MGIC (MTG) Up 0.8% Since Last Earnings Report: Can It Continue?
MGIC (MTG) reported earnings 30 days ago. What's next for the stock?