MGIC Investment Corporation (MTG): Price and Financial Metrics

MGIC Investment Corporation (MTG)

Today's Latest Price: $12.68 USD

0.57 (-4.30%)

Updated Jan 22 7:00pm

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Overall POWR Rating

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 Stock Price Chart Interactive Chart >

Price chart for MTG

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 PriceDCF 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 FlowReturn Relative to Current Share Price

Want more companies with a valuation profile/forecast similar to that of Mgic Investment Corp? See ELVT, AINC, LPRO, AEL, and FDUS.

MTG Latest News Stream

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Latest MTG News From Around the Web

Below are the latest news stories about Mgic Investment Corp that investors may wish to consider to help them evaluate MTG as an investment opportunity.

Progressive (PGR) to Report Q4 Earnings: What's in the Cards?

Progressive's (PGR) fourth-quarter results are likely to reflect improved premiums and lower loss and loss adjustment expenses ratio.

Yahoo | January 22, 2021

Why Should You Add MGIC Investment (MTG) to Your Portfolio?

MGIC Investment (MTG) is poised to grow given its strong persistency, higher average investment portfolio balance and financial flexibility.

Yahoo | January 18, 2021

Assurant (AIZ) Board Okays Share Buyback Program Worth $600M

Assurant's (AIZ) new share repurchase program reflects effective capital deployment backed by solid financial position driven by strong segmental performance.

Yahoo | January 13, 2021

MGIC Investment Corporation Schedules 4th Quarter 2020 Earnings Call and Releases Monthly Operating Statistics

MGIC Investment Corporation (NYSE: MTG) has announced plans to release its fourth quarter 2020 financial results after the market closes on Tuesday, February 23, 2021. A conference call/webcast has been scheduled for 10:00 a.m. Eastern Time on Wednesday, February 24, 2021 to discuss the Company's results for the quarter ended December 31, 2020.

Yahoo | January 11, 2021

Is MTG A Good Stock To Buy Now?

Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]

Yahoo | December 15, 2020

Read More 'MTG' Stories Here

MTG Price Returns

1-mo N/A
3-mo 27.13%
6-mo 58.13%
1-year -5.66%
3-year -13.46%
5-year 107.58%
YTD 1.04%
2020 -9.20%
2019 36.71%
2018 -25.87%
2017 38.47%
2016 15.40%

MTG Dividends

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Continue Researching MTG

Here are a few links from around the web to help you further your research on Mgic Investment Corp's stock as an investment opportunity:

Mgic Investment Corp (MTG) Stock Price | Nasdaq
Mgic Investment Corp (MTG) Stock Quote, History and News - Yahoo Finance
Mgic Investment Corp (MTG) Stock Price and Basic Information | MarketWatch

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