Mgic Investment Corp. (MTG)

$20.255

-0.05

(-0.22%)

Live

Insights on Mgic Investment Corp.

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 296.50M → 283.95M (in $), with an average decrease of 4.2% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, 182.84M → 184.50M (in $), with an average increase of 0.9% per quarter

  • Vs AIZ

    In the last 1 year, Assurant Inc. has given 50.4% return, outperforming this stock by 8.5%

Performance

  • $20.17
    $20.32
    $20.26
    downward going graph

    0.44%

    Downside

    Day's Volatility :0.74%

    Upside

    0.3%

    downward going graph
  • $13.61
    $22.43
    $20.26
    downward going graph

    32.82%

    Downside

    52 Weeks Volatility :39.32%

    Upside

    9.67%

    downward going graph

Returns

PeriodMgic Investment Corp.Sector (Financials)Index (Russel 2000)
3 Months
2.47%
7.3%
0.0%
6 Months
22.22%
27.7%
0.0%
1 Year
41.86%
24.1%
-1.1%
3 Years
35.15%
16.3%
-22.1%

Highlights

Market Capitalization
5.4B
Book Value
$18.61
Dividend Share
0.43
Dividend Yield
2.3%
Earnings Per Share (EPS)
2.49
PE Ratio
8.02
PEG Ratio
1.54
Wall Street Target Price
22.31
Profit Margin
61.72%
Operating Margin TTM
84.08%
Return On Assets TTM
9.21%
Return On Equity TTM
14.68%
Revenue TTM
1.2B
Revenue Per Share TTM
4.07
Quarterly Revenue Growth YOY
-2.8000000000000003%
Gross Profit TTM
1.2B
EBITDA
974.4M
Diluted Eps TTM
2.49
Quarterly Earnings Growth YOY
0.03
EPS Estimate Current Year
2.47
EPS Estimate Next Year
2.57
EPS Estimate Current Quarter
0.57
EPS Estimate Next Quarter
0.57

Analyst Recommendation

Buy
    72%Buy
    27%Hold
    0
    0%Sell
Based on 11 Wall street analysts offering stock ratings for Mgic Investment Corp.(by analysts ranked 0 to 5 stars)
Based on 11 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
8
8
8
Hold
3
3
4
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 10.15%

Current $20.26
Target $22.31

Company Financials

FY18Y/Y Change
Revenue
1.1B
↑ 5.42%
Net Income
670.1M
↑ 88.36%
Net Profit Margin
59.63%
↑ 26.26%
FY19Y/Y Change
Revenue
1.2B
↑ 8.02%
Net Income
673.8M
↑ 0.55%
Net Profit Margin
55.5%
↓ 4.13%
FY20Y/Y Change
Revenue
1.2B
↓ 1.22%
Net Income
446.1M
↓ 33.79%
Net Profit Margin
37.2%
↓ 18.3%
FY21Y/Y Change
Revenue
1.2B
↓ 1.12%
Net Income
635.0M
↑ 42.34%
Net Profit Margin
53.55%
↑ 16.35%
FY22Y/Y Change
Revenue
1.2B
↓ 1.09%
Net Income
865.3M
↑ 36.28%
Net Profit Margin
73.79%
↑ 20.24%
FY23Y/Y Change
Revenue
1.2B
↓ 1.51%
Net Income
712.9M
↓ 17.61%
Net Profit Margin
61.72%
↓ 12.07%
Q3 FY22Q/Q Change
Revenue
292.8M
↓ 0.11%
Net Income
249.6M
↑ 0.14%
Net Profit Margin
85.25%
↑ 0.21%
Q4 FY22Q/Q Change
Revenue
292.3M
↓ 0.19%
Net Income
191.4M
↓ 23.31%
Net Profit Margin
65.51%
↓ 19.74%
Q1 FY23Q/Q Change
Revenue
284.0M
↓ 2.84%
Net Income
154.5M
↓ 19.27%
Net Profit Margin
54.42%
↓ 11.09%
Q2 FY23Q/Q Change
Revenue
290.7M
↑ 2.36%
Net Income
191.1M
↑ 23.62%
Net Profit Margin
65.73%
↑ 11.31%
Q3 FY23Q/Q Change
Revenue
296.5M
↑ 2.01%
Net Income
182.8M
↓ 4.3%
Net Profit Margin
61.67%
↓ 4.06%
Q4 FY23Q/Q Change
Revenue
284.0M
↓ 4.23%
Net Income
184.5M
↑ 0.91%
Net Profit Margin
64.98%
↑ 3.31%
FY18Y/Y Change
Total Assets
5.7B
↑ 1.04%
Total Liabilities
2.1B
↓ 14.97%
FY19Y/Y Change
Total Assets
6.2B
↑ 9.72%
Total Liabilities
832.7M
↓ 60.27%
FY20Y/Y Change
Total Assets
7.4B
↑ 18.06%
Total Liabilities
1.2B
↑ 49.29%
FY21Y/Y Change
Total Assets
7.3B
↓ 0.4%
Total Liabilities
1.1B
↓ 7.76%
FY22Y/Y Change
Total Assets
6.2B
↓ 15.17%
Total Liabilities
1.6B
↑ 37.01%
FY23Y/Y Change
Total Assets
6.5B
↑ 4.69%
Total Liabilities
1.4B
↓ 8.78%
Q3 FY22Q/Q Change
Total Assets
6.2B
↓ 6.75%
Total Liabilities
1.6B
↓ 20.36%
Q4 FY22Q/Q Change
Total Assets
6.2B
↑ 0.97%
Total Liabilities
1.6B
↓ 2.66%
Q1 FY23Q/Q Change
Total Assets
6.4B
↑ 2.23%
Total Liabilities
663.2M
↓ 57.79%
Q2 FY23Q/Q Change
Total Assets
6.4B
↑ 0.02%
Total Liabilities
663.5M
↑ 0.06%
Q3 FY23Q/Q Change
Total Assets
6.3B
↓ 0.34%
Total Liabilities
642.8M
↓ 3.12%
Q4 FY23Q/Q Change
Total Assets
6.5B
↑ 2.74%
Total Liabilities
1.4B
↑ 122.93%
FY18Y/Y Change
Operating Cash Flow
544.5M
↑ 33.9%
Investing Cash Flow
-317.8M
↑ 4.66%
Financing Cash Flow
-171.6M
↑ 8.18%
FY19Y/Y Change
Operating Cash Flow
609.5M
↑ 11.94%
Investing Cash Flow
-422.1M
↑ 32.83%
Financing Cash Flow
-173.4M
↑ 1.08%
FY20Y/Y Change
Operating Cash Flow
732.3M
↑ 20.14%
Investing Cash Flow
-772.5M
↑ 83.01%
Financing Cash Flow
167.8M
↓ 196.78%
FY21Y/Y Change
Operating Cash Flow
696.3M
↓ 4.91%
Investing Cash Flow
-160.7M
↓ 79.19%
Financing Cash Flow
-527.3M
↓ 414.2%
FY22Y/Y Change
Operating Cash Flow
650.0M
↓ 6.65%
Investing Cash Flow
410.5M
↓ 355.36%
Financing Cash Flow
-1.0B
↑ 95.82%
Q3 FY22Q/Q Change
Operating Cash Flow
122.1M
↓ 8.64%
Investing Cash Flow
91.4M
↓ 252.66%
Financing Cash Flow
-383.0M
↑ 165.14%
Q4 FY22Q/Q Change
Operating Cash Flow
166.2M
↑ 36.12%
Investing Cash Flow
29.5M
↓ 67.69%
Financing Cash Flow
-112.6M
↓ 70.6%
Q1 FY23Q/Q Change
Operating Cash Flow
212.3M
↑ 27.71%
Investing Cash Flow
-65.2M
↓ 320.78%
Financing Cash Flow
-113.4M
↑ 0.76%
Q2 FY23Q/Q Change
Operating Cash Flow
144.7M
↓ 31.86%
Investing Cash Flow
-91.8M
↑ 40.91%
Financing Cash Flow
-102.7M
↓ 9.5%
Q3 FY23Q/Q Change
Operating Cash Flow
169.8M
↑ 17.35%
Investing Cash Flow
-240.8M
↑ 162.13%
Financing Cash Flow
-127.6M
↑ 24.33%

Technicals Summary

Sell

Neutral

Buy

Mgic Investment Corp. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Mgic Investment Corp.
Mgic Investment Corp.
-7.05%
22.22%
41.86%
35.15%
42.56%
Ryan Specialty Holdings Inc
Ryan Specialty Holdings Inc
-8.75%
10.11%
27.61%
85.71%
85.71%
First American Financial Corporation
First American Financial Corporation
0.97%
14.55%
2.12%
-10.33%
3.54%
Assurant Inc.
Assurant Inc.
-2.85%
20.06%
50.44%
13.62%
89.89%
Essent Group Ltd
Essent Group Ltd
-6.56%
15.95%
30.29%
3.58%
16.78%
Fidelity National Financial, Inc.
Fidelity National Financial, Inc.
-1.03%
35.46%
44.42%
12.15%
30.45%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Mgic Investment Corp.
Mgic Investment Corp.
8.02
8.02
1.54
2.47
0.15
0.09
0.02
18.61
Ryan Specialty Holdings Inc
Ryan Specialty Holdings Inc
99.08
99.08
NA
1.77
0.22
0.04
0.01
4.72
First American Financial Corporation
First American Financial Corporation
27.58
27.58
2.04
4.23
0.05
0.02
0.04
47.02
Assurant Inc.
Assurant Inc.
14.77
14.77
1.46
15.57
0.14
0.02
0.02
92.57
Essent Group Ltd
Essent Group Ltd
8.29
8.29
0.84
6.59
0.15
0.09
0.02
47.87
Fidelity National Financial, Inc.
Fidelity National Financial, Inc.
25.88
25.88
10.83
4.85
0.07
0.01
0.04
25.28
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Mgic Investment Corp.
Mgic Investment Corp.
Buy
$5.4B
42.56%
8.02
61.72%
Ryan Specialty Holdings Inc
Ryan Specialty Holdings Inc
Buy
$13.4B
85.71%
99.08
3.01%
First American Financial Corporation
First American Financial Corporation
Buy
$5.9B
3.54%
27.58
3.61%
Assurant Inc.
Assurant Inc.
Buy
$9.2B
89.89%
14.77
5.77%
Essent Group Ltd
Essent Group Ltd
Buy
$5.8B
16.78%
8.29
64.18%
Fidelity National Financial, Inc.
Fidelity National Financial, Inc.
Buy
$13.5B
30.45%
25.88
4.39%

Institutional Holdings

  • Vanguard Group Inc

    14.47%
  • BlackRock Inc

    9.31%
  • JPMorgan Chase & Co

    5.48%
  • Dimensional Fund Advisors, Inc.

    5.36%
  • First Trust Advisors L.P.

    4.49%
  • LSV Asset Management

    4.02%

Corporate Announcements

  • Mgic Investment Corp. Dividends March,2024

    In the quarter ending March,2024. Mgic Investment Corp. has declared dividend of $0.12

    Read More

Company Information

at mgic, we are committed to helping our customers succeed. affordable homeownership remains a cornerstone of a strong and vibrant community. as the pioneer of the modern private mortgage insurance industry, mortgage guaranty insurance corporation (mgic), the primary subsidiary of mgic investment corp., has supported lenders and their communities for nearly 60 years by providing a prudent means of offering affordable, low-downpayment home financing options. #wearemgic mgic is the principal subsidiary of mgic investment corporation (mtg.mgic.com), headquartered in milwaukee, wisconsin and serves lenders throughout the united states, puerto rico and other locations. join our social community (mgic.com/social): twitter: https://twitter.com/mgic mgic connects blog: https://mgic-connects.com youtube: https://www.youtube.com/user/mgicvideos google+: https://plus.google.com/+mgic-private-mortgage-insurance facebook: https://www.facebook.com/mgicmi/ instagram: http://instagram.com/mgic find a

Organization
Mgic Investment Corp.
Employees
627
CEO
Mr. Salvatore Antonino Miosi
Industry
Finance

FAQs