Market closedNon-fractional
MGIC/MTG
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
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
Sector
Financials
Trading on
NYSE
Industry
Financial Services
Headquarters
Milwaukee, United States
Employees
627
Website
mtg.mgic.com
MGIC Metrics
BasicAdvanced
$6.5B
Market cap
9.38
P/E ratio
$2.60
EPS
1.22
Beta
$0.45
Dividend rate
1.82%
Dividend yield
Price and volume
Market cap
$6.5B
Beta
1.22
Dividend rate
$0.45
Financial strength
Current ratio
3.324
Quick ratio
2.73
Long term debt to equity
12.613
Total debt to equity
12.613
Dividend payout ratio (TTM)
17.23%
Interest coverage (TTM)
26.43%
Management effectiveness
Return on assets (TTM)
9.34%
Return on equity (TTM)
14.83%
Valuation
Price to earnings (TTM)
9.38
Price to revenue (TTM)
5.836
Price to book
1.29
Price to tangible book (TTM)
1.29
Price to free cash flow (TTM)
9.864
Dividend yield (TTM)
1.82%
Growth
Revenue change (TTM)
0.29%
Earnings per share change (TTM)
-6.59%
3-year revenue growth (CAGR)
-0.70%
3-year earnings per share growth (CAGR)
26.22%
3-year dividend per share growth (CAGR)
22.85%
What the Analysts think about MGIC
Analyst Ratings
Majority rating from 9 analysts.
MGIC Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$294M
3.66%
Net income
$174M
-5.69%
Profit margin
59.12%
-9.02%
MGIC Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.68
$0.64
$0.67
$0.65
-
Expected
$0.53
$0.56
$0.57
$0.60
$0.63
Surprise
27.55%
13.71%
18.47%
7.54%
-
MGIC News
AllArticlesVideos
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
Aug
8
MGIC
Dividend·Ex-dividend
Aug
22
MGIC
Dividend·Payment
$0.13
Per share
FAQs
What’s the current market cap for MGIC stock?
MGIC (MTG) has a market cap of $6.5B as of July 26, 2024.
What is the P/E ratio for MGIC stock?
The price to earnings (P/E) ratio for MGIC (MTG) stock is 9.38 as of July 26, 2024.
Does MGIC stock pay dividends?
Yes, the MGIC (MTG) stock pays dividends to shareholders. As of July 26, 2024, the dividend rate is $0.445 and the yield is 1.82%. MGIC has a payout ratio of 17.23% on a trailing twelve-month basis.
When is the next MGIC dividend payment date?
The next MGIC (MTG) dividend payment is scheduled for August 22, 2024.
What is the beta indicator for MGIC?
MGIC (MTG) has a beta rating of 1.22. 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 MGIC stock
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