Market closedNon-fractional
Magic Software Enterprises/MGIC
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About Magic Software Enterprises
Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. It generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel; Europe; Japan, and Other countries.
Ticker
MGIC
Sector
Technology
Trading on
NASDAQ
Industry
Software
Headquarters
Or Yehuda, Israel
Employees
3,628
Website
www.magicsoftware.com
MGIC Metrics
BasicAdvanced
$495M
Market cap
14.02
P/E ratio
$0.72
EPS
1.12
Beta
$0.53
Dividend rate
5.26%
Dividend yield
Price and volume
Market cap
$495M
Beta
1.12
Dividend rate
$0.53
Financial strength
Current ratio
1.694
Quick ratio
1.694
Long term debt to equity
20.81
Total debt to equity
35.225
Dividend payout ratio (TTM)
86.22%
Interest coverage (TTM)
7.91%
Management effectiveness
Return on assets (TTM)
6.73%
Return on equity (TTM)
14.38%
Valuation
Price to earnings (TTM)
14.017
Price to revenue (TTM)
0.947
Price to book
1.82
Price to tangible book (TTM)
8.27
Price to free cash flow (TTM)
6.765
Dividend yield (TTM)
5.26%
Growth
Revenue change (TTM)
-8.27%
Earnings per share change (TTM)
-12.21%
3-year revenue growth
9.99%
3-year earnings per share growth
11.45%
What the Analysts think about MGIC
Analyst Ratings
Majority rating from 2 analysts.
MGIC Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$126M
-3.01%
Net income
$8.5M
19.72%
Profit margin
6.77%
23.54%
MGIC Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.28
$0.21
$0.24
$0.23
-
Expected
$0.27
$0.26
$0.19
$0.21
$0.24
Surprise
5.66%
-18.45%
25.98%
10.31%
-
MGIC News
AllArticlesVideos
CORRECTION: Magic Software Reports First Quarter 2024 Financial Results
GlobeNewsWire·2 months ago
Magic Software Reports First Quarter 2024 Financial Results
GlobeNewsWire·2 months ago
Melanie McFaddin with Wiley Bros – Aintree Capital &Partners, LLC Represents Theoris, Inc. in its Acquisition by CoreTech Consulting Group, LLC
Business Wire·2 months ago
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
Market closedNon-fractional
Upcoming events
Jul
11
Magic Software Enterprises
Dividend·Payment
$0.204
Per share
FAQs
What’s the current market cap for Magic Software Enterprises stock?
Magic Software Enterprises (MGIC) has a market cap of $495M as of July 05, 2024.
What is the P/E ratio for Magic Software Enterprises stock?
The price to earnings (P/E) ratio for Magic Software Enterprises (MGIC) stock is 14.02 as of July 05, 2024.
Does Magic Software Enterprises stock pay dividends?
Yes, the Magic Software Enterprises (MGIC) stock pays dividends to shareholders. As of July 05, 2024, the dividend rate is $0.53099 and the yield is 5.26%. Magic Software Enterprises has a payout ratio of 86.22% on a trailing twelve-month basis.
When is the next Magic Software Enterprises dividend payment date?
The next Magic Software Enterprises (MGIC) dividend payment is scheduled for July 11, 2024.
What is the beta indicator for Magic Software Enterprises?
Magic Software Enterprises (MGIC) has a beta rating of 1.12. 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.
Buy or sell Magic Software Enterprises stock
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