Market closed

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

Sector

Financials

Trading on

NYSE

Industry

Financial Services

Headquarters

Milwaukee, United States

Employees

627

Website

mtg.mgic.com

MGIC Metrics

BasicAdvanced

$5.9B

8.19 $2.83

1.28 $0.49

2.24%

Price and volume

Market cap

$5.9B

Beta

1.28

52-week high

$26.12

52-week low

$18.68

Average daily volume

1.6M

Dividend rate

$0.49

Financial strength

Current ratio

3.231

Quick ratio

2.412

Long term debt to equity

12.17

Total debt to equity

12.17

Dividend payout ratio (TTM)

16.96%

Interest coverage (TTM)

28.07%

Management effectiveness

Return on assets (TTM)

9.60%

Return on equity (TTM)

15.03%

Valuation

Price to earnings (TTM)

8.192

Price to revenue (TTM)

5.21

Price to book

1.12

Price to tangible book (TTM)

1.12

Price to free cash flow (TTM)

8.521

Dividend yield (TTM)

2.11%

Forward dividend yield

2.24%

Growth

Revenue change (TTM)

2.31%

Earnings per share change (TTM)

14.71%

3-year revenue growth (CAGR)

-0.10%

3-year earnings per share growth (CAGR)

17.06%

3-year dividend per share growth (CAGR)

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%

-

MGIC News

AllArticlesVideos

The New Year May Not Be Kind To Radian Group

Seeking Alpha·2 weeks ago

MGIC Investment Corporation (MTG) Q3 2024 Earnings Call Transcript

Seeking Alpha·2 months ago

MGIC Investment Q3: Home Prices Limit Potential Losses, But Hold Due To Valuation Concerns

Seeking Alpha·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. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $MTG

$

Capital at risk

Market closed

Upcoming events

No upcoming events

FAQs

What’s the current market cap for MGIC stock?

MGIC (MTG) has a market cap of $5.9B as of January 15, 2025.

What is the P/E ratio for MGIC stock?

The price to earnings (P/E) ratio for MGIC (MTG) stock is 8.19 as of January 15, 2025.

Does MGIC stock pay dividends?

Yes, the MGIC (MTG) stock pays dividends to shareholders. As of January 15, 2025, the dividend rate is $0.49 and the yield is 2.24%. 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 1.28. 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.