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Mgic Investment Corp.

Mgic Investment Corp. share price today

(MTG)

Mgic Investment Corp. share price is $25.52 & ₹2,161.29 as on 7 Dec 2024, 2.30 'hrs' IST

$25.52

▲

-0.18

(-0.7%)

Market is closed - opens 8 PM, 09 Dec 2024

View live Mgic Investment Corp. share price in Dollar and Rupees. Guide to invest in Mgic Investment Corp. from India. Also see the sentimental analysis on Indian investors investing in Mgic Investment Corp.. Get details on the Indian mutual funds that are investing in Mgic Investment Corp.. Get Analyst recommendations and forecasts along with all the Mgic Investment Corp.'s financials.

Mgic Investment Corp. share price movements

$25.36
$25.82
$25.52
0.63%
Downside
Day's Volatility :1.78%
Upside
1.16%
$17.42
$26.56
$25.52
31.74%
Downside
52 Weeks Volatility :34.41%
Upside
3.92%

Mgic Investment Corp. Returns

Period	Mgic Investment Corp.	Sector (Financials)	Index (Russel 2000)
3 Months	3.42%	13.8%	0.0%
6 Months	23.56%	21.5%	0.0%
1 Year	42.15%	40.3%	0.0%
3 Years	77.61%	28.3%	-21.5%

Mgic Investment Corp. Key Statistics

in dollars & INR

Previous Close	$25.7
Open	$25.88
Today's High	$25.82
Today's Low	$25.36
Market Capitalization	$6.5B
Today's Volume	$1.4M
52 Week High	$26.56
52 Week Low	$17.42
Revenue TTM	$1.2B
EBITDA	$1.0B
Earnings Per Share (EPS)	$2.83
PE Ratio	9.08
Dividend Yield	2.02%
Profit Margin	64.09%
Quarterly Earnings Growth YOY	0.2%
Return On Equity TTM	15.03%

How to invest in Mgic Investment Corp. from India?

It is very easy for Indian residents to invest directly in Mgic Investment Corp. from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Mgic Investment Corp. stock in both rupees (INR) and dollars (USD). Search for Mgic Investment Corp. or MTG on INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Mgic Investment Corp. or Rupee/ Dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Mgic Investment Corp. shares which would translate to 0.033 fractional shares of Mgic Investment Corp. as of today. Learn more about fractional investing here.

Indians via INDmoney can now also, easily transfer and add their money to the US stocks account via INDmoney App. Click here for step by step process for the same

Indian investors sentiment towards Mgic Investment Corp.

-18%

Period: Sep 7, 2024 to Dec 6, 2024. Change in 30 Days versus previous period

Search volume for Mgic Investment Corp. on INDmoney from India has reduced in the last 30 days as on Dec 7, 2024. -18% less investors are searching Mgic Investment Corp. in the last 30 days versus the previous period.

Global Institutional Holdings in Mgic Investment Corp.

Vanguard Group Inc
13.80%
BlackRock Inc
9.67%
JPMorgan Chase & Co
6.45%
Dimensional Fund Advisors, Inc.
5.94%
First Trust Advisors L.P.
5.16%
LSV Asset Management
4.08%

Analyst Recommendation on Mgic Investment Corp.

Buy

61%Buy

38%Hold

0%Sell

Based on 13 Wall street analysts offering stock ratings for Mgic Investment Corp.(by analysts ranked 0 to 5 stars)

Based on 13 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Mgic Investment Corp.

What analysts predicted

Upside of 2.72%

Current:

$25.52

Target:

$26.21

Insights on Mgic Investment Corp.

Increasing Revenue
Revenue is up for the last 4 quarters, 283.95M → 306.64M (in $), with an average increase of 2.5% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 204.22M → 199.96M (in $), with an average decrease of 2.1% per quarter
Vs AXS
In the last 1 year, Axis Capital Holdings Limited has given 69.9% return, outperforming this stock by 25.1%
Vs RYAN
In the last 3 years, Ryan Specialty Holdings Inc has given 80.1% return, outperforming this stock by 2.4%

Mgic Investment Corp. Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$1.1B	↑ 5.42%
Net Income	$670.1M	↑ 88.36%
Net Profit Margin	59.63%	↑ 26.26%

	FY19	Y/Y Change
Revenue	$1.2B	↑ 8.02%
Net Income	$673.8M	↑ 0.55%
Net Profit Margin	55.5%	↓ 4.13%

	FY20	Y/Y Change
Revenue	$1.2B	↓ 1.22%
Net Income	$446.1M	↓ 33.79%
Net Profit Margin	37.2%	↓ 18.3%

	FY21	Y/Y Change
Revenue	$1.2B	↓ 1.12%
Net Income	$635.0M	↑ 42.34%
Net Profit Margin	53.55%	↑ 16.35%

	FY22	Y/Y Change
Revenue	$1.2B	↓ 1.09%
Net Income	$865.3M	↑ 36.28%
Net Profit Margin	73.79%	↑ 20.24%

	FY23	Y/Y Change
Revenue	$1.2B	↓ 1.51%
Net Income	$712.9M	↓ 17.61%
Net Profit Margin	61.72%	↓ 12.07%

	Q2 FY23	Q/Q Change
Revenue	$290.7M	↑ 2.36%
Net Income	$191.1M	↑ 23.62%
Net Profit Margin	65.73%	↑ 11.31%

	Q3 FY23	Q/Q Change
Revenue	$296.5M	↑ 2.01%
Net Income	$182.8M	↓ 4.3%
Net Profit Margin	61.67%	↓ 4.06%

	Q4 FY23	Q/Q Change
Revenue	$284.0M	↓ 4.23%
Net Income	$184.5M	↑ 0.91%
Net Profit Margin	64.98%	↑ 3.31%

	Q1 FY24	Q/Q Change
Revenue	$294.4M	↑ 3.66%
Net Income	$174.1M	↓ 5.64%
Net Profit Margin	59.14%	↓ 5.84%

	Q2 FY24	Q/Q Change
Revenue	$305.3M	↑ 3.71%
Net Income	$204.2M	↑ 17.31%
Net Profit Margin	66.9%	↑ 7.76%

	Q3 FY24	Q/Q Change
Revenue	$306.6M	↑ 0.45%
Net Income	$200.0M	↓ 2.09%
Net Profit Margin	65.21%	↓ 1.69%

	FY18	Y/Y Change
Total Assets	$5.7B	↑ 1.04%
Total Liabilities	$2.1B	↓ 14.97%

	FY19	Y/Y Change
Total Assets	$6.2B	↑ 9.72%
Total Liabilities	$832.7M	↓ 60.27%

	FY20	Y/Y Change
Total Assets	$7.4B	↑ 18.06%
Total Liabilities	$1.2B	↑ 49.29%

	FY21	Y/Y Change
Total Assets	$7.3B	↓ 0.4%
Total Liabilities	$1.1B	↓ 7.76%

	FY22	Y/Y Change
Total Assets	$6.2B	↓ 15.17%
Total Liabilities	$1.6B	↑ 37.01%

	FY23	Y/Y Change
Total Assets	$6.5B	↑ 5.22%
Total Liabilities	$1.5B	↓ 6.66%

	Q2 FY23	Q/Q Change
Total Assets	$6.4B	↑ 0.02%
Total Liabilities	$663.5M	↑ 0.06%

	Q3 FY23	Q/Q Change
Total Assets	$6.3B	↓ 0.34%
Total Liabilities	$642.8M	↓ 3.12%

	Q4 FY23	Q/Q Change
Total Assets	$6.5B	↑ 2.74%
Total Liabilities	$1.4B	↑ 122.93%

	Q1 FY24	Q/Q Change
Total Assets	$6.5B	↑ 0.46%
Total Liabilities	$643.6M	↓ 55.09%

	Q2 FY24	Q/Q Change
Total Assets	$6.5B	↓ 0.83%
Total Liabilities	$1.4B	↑ 111.91%

	Q3 FY24	Q/Q Change
Total Assets	$6.7B	↑ 3.04%
Total Liabilities	$1.4B	↑ 1.46%

	FY18	Y/Y Change
Operating Cash Flow	$544.5M	↑ 33.9%
Investing Cash Flow	$-317.8M	↑ 4.66%
Financing Cash Flow	$-171.6M	↑ 8.18%

	FY19	Y/Y Change
Operating Cash Flow	$609.5M	↑ 11.94%
Investing Cash Flow	$-422.1M	↑ 32.83%
Financing Cash Flow	$-173.4M	↑ 1.08%

	FY20	Y/Y Change
Operating Cash Flow	$732.3M	↑ 20.14%
Investing Cash Flow	$-772.5M	↑ 83.01%
Financing Cash Flow	$167.8M	↓ 196.78%

	FY21	Y/Y Change
Operating Cash Flow	$696.3M	↓ 4.91%
Investing Cash Flow	$-160.7M	↓ 79.19%
Financing Cash Flow	$-527.3M	↓ 414.2%

	FY22	Y/Y Change
Operating Cash Flow	$650.0M	↓ 6.65%
Investing Cash Flow	$410.5M	↓ 355.36%
Financing Cash Flow	$-1.0B	↑ 95.82%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$144.7M	↓ 31.86%
Investing Cash Flow	$-91.8M	↑ 40.91%
Financing Cash Flow	$-102.7M	↓ 9.5%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$169.8M	↑ 17.35%
Investing Cash Flow	$-240.8M	↑ 162.13%
Financing Cash Flow	$-127.6M	↑ 24.33%

Mgic Investment Corp. Technicals Summary

Sell

Neutral

Buy

Mgic Investment Corp. is currently in a neutral trading position according to technical analysis indicators.

Mgic Investment Corp. Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Mgic Investment Corp.	4.64%	23.56%	42.15%	77.61%	81.88%
Ryan Specialty Holdings Inc	3.2%	36.77%	66.3%	85.59%	166.98%
Axis Capital Holdings Limited	13.83%	32.02%	69.67%	80.17%	58.98%
First American Financial Corporation	10.21%	30.78%	11.26%	-10.28%	10.4%
Fidelity National Financial, Inc.	5.02%	26.82%	32.9%	21.41%	30.94%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Mgic Investment Corp.	9.08	9.08	1.54	2.86	0.15	0.1	0.02	20.66
Ryan Specialty Holdings Inc	96.74	96.74	NA	1.79	0.24	0.04	0.01	5.06
Axis Capital Holdings Limited	13.03	13.03	-10.28	10.75	0.12	0.02	0.02	66.15
First American Financial Corporation	79.72	79.72	2.04	4.1	0.02	0.01	0.03	49.44
Fidelity National Financial, Inc.	22.58	22.58	10.83	4.54	0.1	0.01	0.03	29.5

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Mgic Investment Corp.	Buy	$6.5B	81.88%	9.08	64.09%
Ryan Specialty Holdings Inc	Buy	$19.5B	166.98%	96.74	4.46%
Axis Capital Holdings Limited	Buy	$7.9B	58.98%	13.03	10.82%
First American Financial Corporation	Buy	$7.3B	10.4%	79.72	1.58%
Fidelity National Financial, Inc.	Buy	$17.0B	30.94%	22.58	5.55%

Mgic Investment Corp. Dividend announcements

Mgic Investment Corp. Dividends December, 2024
In the quarter ending December,2024. Mgic Investment Corp. has declared dividend of $0.13
Read More

About Mgic Investment Corp.

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

Management People of Mgic Investment Corp.

Name	Title
Mr. Salvatore Antonino Miosi	President & COO
Ms. Paula Christine Maggio	Executive VP, General Counsel & Secretary
Ms. Julie Kay Sperber	VP, Controller & Chief Accounting Officer
Ms. Dianna L. Higgins	Senior Vice President of Investor Relations
Mr. Danny Garcia-Velez	Senior Vice President of Sales & Business Development
Ms. Annette M. Adams	Senior VP & Chief Human Resources Officer of MGIC
Mr. Robert J. Candelmo	Senior VP & Chief Information Officer of MGIC
Mr. Michael Edward Jacobson	Senior Vice President of Business Intelligence & Product Strategy
Mr. Nathan Ryan Abramowski	VP & Treasurer

Important FAQs about investing in Mgic Investment Corp. from India :

What is Mgic Investment Corp. share price today?

Mgic Investment Corp. (MTG) share price today is $25.52.

Can Indians buy Mgic Investment Corp. shares?

Yes, Indians can invest in the Mgic Investment Corp. (MTG) from India.

With INDmoney, you can buy Mgic Investment Corp. at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Mgic Investment Corp. at zero transaction cost.

How can I buy Mgic Investment Corp. shares from India?

It is very easy to buy Mgic Investment Corp. from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Mgic Investment Corp. be purchased?

Yes, you can buy fractional shares of Mgic Investment Corp. with INDmoney app.

What are the documents required to start investing in Mgic Investment Corp. stocks?

To start investing in Mgic Investment Corp., You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.