MGIC Investment Corporation (MTG)
NYSE: MTG · Real-Time Price · USD
24.97
+0.24 (0.95%)
Nov 21, 2024, 3:59 PM EST - Market closed

MGIC Investment Statistics

Total Valuation

MTG has a market cap or net worth of $6.32 billion. The enterprise value is $6.62 billion.

Market Cap 6.32B
Enterprise Value 6.62B

Important Dates

The last earnings date was Monday, November 4, 2024, after market close.

Earnings Date Nov 4, 2024
Ex-Dividend Date Nov 7, 2024

Share Statistics

MTG has 253.37 million shares outstanding. The number of shares has decreased by -7.70% in one year.

Current Share Class 253.37M
Shares Outstanding 253.37M
Shares Change (YoY) -7.70%
Shares Change (QoQ) -2.26%
Owned by Insiders (%) 1.42%
Owned by Institutions (%) 97.97%
Float 249.33M

Valuation Ratios

The trailing PE ratio is 8.82 and the forward PE ratio is 9.20. MTG's PEG ratio is 1.86.

PE Ratio 8.82
Forward PE 9.20
PS Ratio 5.56
Forward PS 4.99
PB Ratio 1.20
P/TBV Ratio 1.18
P/FCF Ratio 8.61
P/OCF Ratio 8.60
PEG Ratio 1.86
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.49, with an EV/FCF ratio of 9.10.

EV / Earnings 8.68
EV / Sales 5.56
EV / EBITDA 6.49
EV / EBIT 6.63
EV / FCF 9.10

Financial Position

The company has a current ratio of 3.23, with a Debt / Equity ratio of 0.12.

Current Ratio 3.23
Quick Ratio 2.41
Debt / Equity 0.12
Debt / EBITDA 0.63
Debt / FCF 0.89
Interest Coverage 28.07

Financial Efficiency

Return on equity (ROE) is 15.03% and return on invested capital (ROIC) is 10.92%.

Return on Equity (ROE) 15.03%
Return on Assets (ROA) 9.60%
Return on Capital (ROIC) 10.92%
Revenue Per Employee $1.90M
Profits Per Employee $1.22M
Employee Count 627
Asset Turnover 0.18
Inventory Turnover n/a

Taxes

In the past 12 months, MTG has paid $201.05 million in taxes.

Income Tax 201.05M
Effective Tax Rate 20.86%

Stock Price Statistics

The stock price has increased by +41.23% in the last 52 weeks. The beta is 1.27, so MTG's price volatility has been higher than the market average.

Beta (5Y) 1.27
52-Week Price Change +41.23%
50-Day Moving Average 25.18
200-Day Moving Average 22.53
Relative Strength Index (RSI) 48.20
Average Volume (20 Days) 1,787,235

Short Selling Information

The latest short interest is 8.73 million, so 3.45% of the outstanding shares have been sold short.

Short Interest 8.73M
Short Previous Month 8.95M
Short % of Shares Out 3.45%
Short % of Float 3.50%
Short Ratio (days to cover) 6.83

Income Statement

In the last 12 months, MTG had revenue of $1.19 billion and earned $762.80 million in profits. Earnings per share was $2.83.

Revenue 1.19B
Gross Profit 1.03B
Operating Income 999.45M
Pretax Income 943.95M
Net Income 762.80M
EBITDA 1.02B
EBIT 999.45M
Earnings Per Share (EPS) $2.83
Full Income Statement

Balance Sheet

The company has $288.62 million in cash and $644.30 million in debt, giving a net cash position of -$355.68 million or -$1.40 per share.

Cash & Cash Equivalents 288.62M
Total Debt 644.30M
Net Cash -355.68M
Net Cash Per Share -$1.40
Equity (Book Value) 5.29B
Book Value Per Share 20.66
Working Capital 320.71M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $728.90 million and capital expenditures -$1.20 million, giving a free cash flow of $727.70 million.

Operating Cash Flow 728.90M
Capital Expenditures -1.20M
Free Cash Flow 727.70M
FCF Per Share $2.87
Full Cash Flow Statement

Margins

Gross margin is 86.77%, with operating and profit margins of 83.97% and 64.09%.

Gross Margin 86.77%
Operating Margin 83.97%
Pretax Margin 80.98%
Profit Margin 64.09%
EBITDA Margin 85.70%
EBIT Margin 83.97%
FCF Margin 60.70%

Dividends & Yields

This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 2.08%.

Dividend Per Share $0.52
Dividend Yield 2.08%
Dividend Growth (YoY) 13.95%
Years of Dividend Growth 4
Payout Ratio 18.38%
Buyback Yield 7.70%
Shareholder Yield 9.80%
Earnings Yield 12.17%
FCF Yield 11.61%
Dividend Details

Analyst Forecast

The average price target for MTG is $25.50, which is 2.16% higher than the current price. The consensus rating is "Buy".

Price Target $25.50
Price Target Difference 2.16%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on June 3, 1997. It was a forward split with a ratio of 2:1.

Last Split Date Jun 3, 1997
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 4