MTG Stock Price Chart More Charts

MTG Price/Volume Stats

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

We started the process of determining a valid price forecast for Mgic Investment Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Mgic Investment Corp ranked in the 91th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Mgic Investment Corp, consider:

• Interest coverage, a measure of earnings relative to interest payments, is 16.48 -- which is good for besting 77.19% of its peer stocks (US stocks in the Financial Services sector with positive cash flow).
• The company's compound free cash flow growth rate over the past 4 years comes in at 0.76%; that's greater than 89.51% of US stocks we're applying DCF forecasting to.
• 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 34.39% of tickers in our DCF set.

For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MTG, try AEL, ENVA, NOAH, GNW, and MCC.