MGIC Investment Corporation (MTG): Price and Financial Metrics
MGIC Investment Corporation (MTG)
Today's Latest Price: $12.68 USD
Updated Jan 22 7:00pm
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POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
Ranked of 259 in Financial Services (Enterprise)
See all "A" rated Strong Buy stocks
MTG Stock Summary
- With a price/earnings ratio of 9.1, Mgic Investment Corp P/E ratio is greater than that of about merely 10.13% of stocks in our set with positive earnings.
- Of note is the ratio of Mgic Investment Corp's sales and general administrative expense to its total operating expenses; 88.08% of US stocks have a lower such ratio.
- The ratio of debt to operating expenses for Mgic Investment Corp is higher than it is for about 85.58% of US stocks.
- If you're looking for stocks that are quantitatively similar to Mgic Investment Corp, a group of peers worth examining would be PPC, CPAC, RAND, OSN, and TGLS.
- MTG's SEC filings can be seen here. And to visit Mgic Investment Corp's official web site, go to mtg.mgic.com.
MTG Stock Price Chart Interactive Chart >
MTG Price/Volume Stats
| Current price | $12.68 | 52-week high | $15.24 |
| Prev. close | $13.25 | 52-week low | $4.34 |
| Day low | $11.92 | Volume | 9,188,900 |
| Day high | $13.20 | Avg. volume | 4,196,743 |
| 50-day MA | $12.40 | Dividend yield | 1.89% |
| 200-day MA | $9.48 | Market Cap | 4.29B |
MGIC Investment Corporation (MTG) Company Bio
MGIC Investment Corporation provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company was founded in 1957 and is based in Milwaukee, Wisconsin.
MTG Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $12.68 | $154.57 | 1067% |
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Mgic Investment Corp. To summarize, we found that Mgic Investment Corp ranked in the 88th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 1072.33% on a DCF basis. The most interesting components of our discounted cash flow analysis for Mgic Investment Corp ended up being:
- The compound growth rate in the free cash flow of Mgic Investment Corp over the past 5 years is 0.59%; that's higher than 88.48% of free cash flow generating stocks in the Financial Services sector.
- Mgic Investment Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 15.62% of tickers in our DCF set.
- MTG's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than merely 15.62% of tickers in our DCF set.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | 1044% |
| 1% | 1055% |
| 2% | 1067% |
| 3% | 1078% |
| 4% | 1089% |
| 5% | 1101% |
Want more companies with a valuation profile/forecast similar to that of Mgic Investment Corp? See ELVT, AINC, LPRO, AEL, and FDUS.
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