Earnings Summary

Mgic Investment Corp.’s revenue fell -2.84% since last year same period to $283.96Mn in the Q4 2023. On a quarterly growth basis, Mgic Investment Corp. has generated -4.23% fall in its revenue since last 3-months.

Mgic Investment Corp.’s net profit fell -3.62% since last year same period to $184.5Mn in the Q4 2023. On a quarterly growth basis, Mgic Investment Corp. has generated 0.91% jump in its net profits since last 3-months.

Mgic Investment Corp.’s net profit margin fell -0.81% since last year same period to 64.98% in the Q4 2023. On a quarterly growth basis, Mgic Investment Corp. has generated 5.37% jump in its net profit margins since last 3-months.

Mgic Investment Corp.’s price-to-earnings ratio after this Q4 2023 earnings stands at 7.86.

Mgic Investment Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.6 - a 5.26% jump from last quarter’s estimates.

Mgic Investment Corp.’s earning per share (EPS) estimates for the current year stand at 0.6.

Mgic Investment Corp.’s earning per share (EPS) jumped 3.08% since last year same period to 0.67 in the Q4 2023. This indicates that the Mgic Investment Corp. has generated 3.08% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Mgic Investment Corp.’s return on assets (ROA) stands at 0.09.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Mgic Investment Corp.’s return on equity (ROE) stands at 0.15.

Mgic Investment Corp. declared 0.12 dividend per share during the earnings announcement for Q4 2023.