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MGIC/$MTG

14:30
16:10
17:45
19:25
21:00
1D1W1MYTD1Y5YMAX

About MGIC

MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.

Ticker

$MTG

Trading on

NYSE

Industry

Financial Services

Employees

627

MGIC Metrics

BasicAdvanced
$6.3B
Market cap
8.74
P/E ratio
$2.83
EPS
1.27
Beta
$0.48
Dividend rate
2.10%
Dividend yield
$6.3B
1.27
$26.05
$17.31
1.6M
$0.48
3.231
2.412
12.17
12.17
16.96%
28.07%
9.60%
15.03%
8.74
5.558
1.2
1.2
9.091
1.92%
2.10%
2.31%
14.71%
-0.10%
17.06%
22.25%

What the Analysts think about MGIC

Analyst Ratings

Analyst ratings (Buy, Hold, Sell) for MGIC stock.

MGIC Financial Performance

Income Statement

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

MGIC Earnings Performance

Earnings per share (EPS)

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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FAQs

What’s the current market cap for MGIC stock?

MGIC (MTG) has a market cap of $6.3B as of November 22, 2024.

What is the P/E ratio for MGIC stock?

The price to earnings (P/E) ratio for MGIC (MTG) stock is 8.74 as of November 22, 2024.

Does MGIC stock pay dividends?

Yes, the MGIC (MTG) stock pays dividends to shareholders. As of November 22, 2024, the dividend rate is $0.475 and the yield is 2.1%. MGIC has a payout ratio of 16.96% on a trailing twelve-month basis.

When is the next MGIC dividend payment date?

The next MGIC (MTG) dividend payment date is unconfirmed.

What is the beta indicator for MGIC?

MGIC (MTG) has a beta rating of 1.27. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.