MGIC Investment Corporation (MTG): Price and Financial Metrics
MTG Price/Volume Stats
| Current price | $15.89 | 52-week high | $16.07 |
| Prev. close | $15.99 | 52-week low | $11.38 |
| Day low | $15.82 | Volume | 1,491,693 |
| Day high | $16.01 | Avg. volume | 2,765,686 |
| 50-day MA | $14.56 | Dividend yield | 2.61% |
| 200-day MA | $13.72 | Market Cap | 4.55B |
MTG Stock Price Chart Interactive Chart >
MTG POWR Grades
- MTG scores best on the Momentum dimension, with a Momentum rank ahead of 87.05% of US stocks.
- MTG's strongest trending metric is Growth; it's been moving down over the last 179 days.
- MTG ranks lowest in Growth; there it ranks in the 3rd percentile.
MTG Stock Summary
- With a year-over-year growth in debt of -29.09%, MGIC INVESTMENT CORP's debt growth rate surpasses just 11.29% of about US stocks.
- In terms of volatility of its share price, MTG is more volatile than merely 4.2% of stocks we're observing.
- Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for MTG comes in at 17.03% -- higher than that of 89.15% of stocks in our set.
- If you're looking for stocks that are quantitatively similar to MGIC INVESTMENT CORP, a group of peers worth examining would be ESNT, NMIH, BHE, RGF, and VC.
- MTG's SEC filings can be seen here. And to visit MGIC INVESTMENT CORP's official web site, go to mtg.mgic.com.
MTG Valuation Summary
- MTG's price/sales ratio is 3.7; this is 311.11% higher than that of the median Financial Services stock.
- MTG's price/sales ratio has moved up 0.9 over the prior 243 months.
Below are key valuation metrics over time for MTG.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| MTG | 2023-05-19 | 3.7 | 0.9 | 5.2 | 4.2 |
| MTG | 2023-05-18 | 3.8 | 0.9 | 5.2 | 4.3 |
| MTG | 2023-05-17 | 3.7 | 0.9 | 5.1 | 4.2 |
| MTG | 2023-05-16 | 3.6 | 0.9 | 5.0 | 4.1 |
| MTG | 2023-05-15 | 3.7 | 0.9 | 5.1 | 4.1 |
| MTG | 2023-05-12 | 3.6 | 0.9 | 5.0 | 4.1 |
MTG Growth Metrics
- Its 4 year cash and equivalents growth rate is now at -13.47%.
- Its 4 year revenue growth rate is now at 15.44%.
- Its 3 year net cashflow from operations growth rate is now at 26.22%.
The table below shows MTG's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-12-31 | 1,172.785 | 650.012 | 865.349 |
| 2022-09-30 | 1,174.651 | 667.7 | 847.84 |
| 2022-06-30 | 1,177.598 | 708.574 | 756.192 |
| 2022-03-31 | 1,182.334 | 726.295 | 659.975 |
| 2021-12-31 | 1,185.675 | 696.317 | 634.983 |
| 2021-09-30 | 1,193.836 | 735.866 | 612.479 |
MTG's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- MTG has a Quality Grade of C, ranking ahead of 47.13% of graded US stocks.
- MTG's asset turnover comes in at 0.16 -- ranking 98th of 133 Insurance stocks.
- FNF, ESNT, and ITIC are the stocks whose asset turnover ratios are most correlated with MTG.
The table below shows MTG's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-09-30 | 0.160 | 0.887 | 0.100 |
| 2021-06-30 | 0.162 | 0.870 | 0.097 |
| 2021-03-31 | 0.167 | 0.711 | 0.079 |
| 2020-12-31 | 0.176 | 0.696 | 0.083 |
| 2020-09-30 | 0.185 | 0.716 | 0.091 |
| 2020-06-30 | 0.196 | 0.727 | 0.103 |
MTG Price Target
For more insight on analysts targets of MTG, see our MTG price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $17.39 | Average Broker Recommendation | 1.4 (Strong Buy) |
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.
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.
Here's Why Hold Strategy Is Apt for MGIC Investment (MTG)MGIC Investment (MTG) stands to gain from higher insurance in force, favorable loss reserve development, new business rewriting and prudent capital deployment. |
Why Is MGIC (MTG) Up 5.8% Since Last Earnings Report?MGIC (MTG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. |
MGIC Investment Corporation (NYSE:MTG) Looks Interesting, And It's About To Pay A DividendMGIC Investment Corporation ( NYSE:MTG ) stock is about to trade ex-dividend in 4 days. Typically, the ex-dividend date... |
Q1 2023 MGIC Investment Corp Earnings CallQ1 2023 MGIC Investment Corp Earnings Call |
MGIC Investment (MTG) Q1 Earnings Top on Higher PersistencyMGIC Investment's (MTG) Q1 results benefit from higher insurance in force and net investment income. Meanwhile, higher expenses and lower premiums partially offset the positives. |
MTG Price Returns
| 1-mo | 7.88% |
| 3-mo | 24.01% |
| 6-mo | 23.27% |
| 1-year | 16.83% |
| 3-year | 66.26% |
| 5-year | 52.49% |
| YTD | 23.93% |
| 2022 | -7.50% |
| 2021 | 17.19% |
| 2020 | -9.20% |
| 2019 | 36.71% |
| 2018 | -25.87% |
MTG Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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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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