MGIC Investment Corporation (MTG): Price and Financial Metrics


MGIC Investment Corporation (MTG)

Today's Latest Price: $13.48 USD

0.07 (0.52%)

Updated Jan 19 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 254 in Financial Services (Enterprise)

See all "A" rated Strong Buy stocks

MTG Stock Summary

  • With a price/earnings ratio of 9.62, Mgic Investment Corp P/E ratio is greater than that of about only 11.72% 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; 87.91% of US stocks have a lower such ratio.
  • For MTG, its debt to operating expenses ratio is greater than that reported by 85.68% of US equities we're observing.
  • 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 GPK.
  • 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 >

Price chart for MTG

MTG Price/Volume Stats

Current price $13.48 52-week high $15.24
Prev. close $13.41 52-week low $4.34
Day low $13.37 Volume 3,167,800
Day high $13.65 Avg. volume 3,846,146
50-day MA $12.25 Dividend yield 1.79%
200-day MA $9.36 Market Cap 4.56B

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:
$13.48$151.06 1026%

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. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Mgic Investment Corp ended up being:

  • In the past 5 years, Mgic Investment Corp has a compound free cash flow growth rate of 0.59%; that's higher than 88.54% 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 15.9% 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 15.9% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%1004%
1%1015%
2%1026%
3%1038%
4%1049%
5%1060%

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


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.

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

Walmart Continues Its Digital Push With a Move Into Fintech

These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. Walmart announced that it is partnering with leading financial-technology investment firm Ribbit Capital for the creation of a new fintech start-up. The venture will combine Walmart’s retail knowledge with Ribbit’s fintech expertise (with the company’s current portfolio including investment platform Robinhood, consumer technology platform Credit Karma, and innovative payment platform Affirm), for the purpose of developing and offering to customers modern, innovative, and affordable financial solutions.

Yahoo | January 16, 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

AIG Declines 27% Year to Date: Will It Recover in 2021?

AIG has undertaken a host of initiatives including dispositions, which raises hopes for the next year following a dismal period of COVID-19 induced business loss.

Yahoo | December 22, 2020

MGIC Investment Corporation Releases Monthly Operating Statistics

MGIC Investment Corporation (NYSE: MTG) today issued an Operational Summary of the primary mortgage insurance of its insurance subsidiaries for the month of November 2020. The summary is also available on the company's investor website under Newsroom, Press Releases.

Yahoo | December 8, 2020

Read More 'MTG' Stories Here

MTG Price Returns

1-mo 8.97%
3-mo 37.76%
6-mo 74.56%
1-year N/A
3-year -11.05%
5-year 119.29%
YTD 7.41%
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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