MGIC Investment Corporation (MTG): Price and Financial Metrics
MGIC Investment Corporation (MTG)
Today's Latest Price: $10.06 USD
Updated Oct 30 7:00pm
Add MTG to WatchlistSign Up
POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
Ranked of 232 in Financial Services (Enterprise)
See all "A" rated Strong Buy stocks
MTG Stock Summary
- MTG's went public 29.25 years ago, making it older than 83.22% of listed US stocks we're tracking.
- With a price/earnings ratio of 6.58, Mgic Investment Corp P/E ratio is greater than that of about merely 8.61% 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; 87.86% of US stocks have a lower such ratio.
- If you're looking for stocks that are quantitatively similar to Mgic Investment Corp, a group of peers worth examining would be TGLS, GTES, RAND, CPAC, and PRAA.
- Visit MTG's SEC page to see the company's official filings. To visit the company's web site, go to mtg.mgic.com.
MTG Stock Price Chart Interactive Chart >
MTG Price/Volume Stats
| Current price | $10.06 | 52-week high | $15.24 |
| Prev. close | $9.70 | 52-week low | $4.34 |
| Day low | $9.49 | Volume | 5,953,414 |
| Day high | $10.09 | Avg. volume | 5,221,176 |
| 50-day MA | $9.55 | Dividend yield | 2.39% |
| 200-day MA | $9.18 | Market Cap | 3.41B |
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: |
| $10.06 | $260.84 | 2614% |
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 91th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 2627.5% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for MTG, they are:
- The compound growth rate in the free cash flow of Mgic Investment Corp over the past 4.75 years is 0.68%; that's higher than 90.26% 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 18.39% of tickers in our DCF set.
- MTG's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 18.39% of tickers in our DCF set.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | 2561% |
| 1% | 2588% |
| 2% | 2614% |
| 3% | 2641% |
| 4% | 2667% |
| 5% | 2694% |
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MTG, try ESGR, LFC, TREE, GECC, and AEG.
Loading social stream, please wait...