MGIC Investment Statistics
Total Valuation
MGIC Investment has a market cap or net worth of $6.11 billion. The enterprise value is $6.53 billion.
Important Dates
The next estimated earnings date is Wednesday, April 30, 2025, after market close.
| Earnings Date | Apr 30, 2025 |
| Ex-Dividend Date | Feb 18, 2025 |
Share Statistics
MGIC Investment has 242.71 million shares outstanding. The number of shares has decreased by -8.07% in one year.
| Current Share Class | 242.71M |
| Shares Outstanding | 242.71M |
| Shares Change (YoY) | -8.07% |
| Shares Change (QoQ) | -2.12% |
| Owned by Insiders (%) | 1.57% |
| Owned by Institutions (%) | 101.34% |
| Float | 238.45M |
Valuation Ratios
The trailing PE ratio is 8.71 and the forward PE ratio is 8.85. MGIC Investment's PEG ratio is 9.85.
| PE Ratio | 8.71 |
| Forward PE | 8.85 |
| PS Ratio | 5.45 |
| Forward PS | 4.89 |
| PB Ratio | 1.21 |
| P/TBV Ratio | 1.18 |
| P/FCF Ratio | 8.44 |
| P/OCF Ratio | 8.43 |
| PEG Ratio | 9.85 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 6.38, with an EV/FCF ratio of 9.02.
| EV / Earnings | 8.55 |
| EV / Sales | 5.40 |
| EV / EBITDA | 6.38 |
| EV / EBIT | 6.50 |
| EV / FCF | 9.02 |
Financial Position
The company has a current ratio of 3.34, with a Debt / Equity ratio of 0.12.
| Current Ratio | 3.34 |
| Quick Ratio | 2.36 |
| Debt / Equity | 0.12 |
| Debt / EBITDA | 0.63 |
| Debt / FCF | 0.89 |
| Interest Coverage | 28.21 |
Financial Efficiency
Return on equity (ROE) is 14.90% and return on invested capital (ROIC) is 10.88%.
| Return on Equity (ROE) | 14.90% |
| Return on Assets (ROA) | 9.59% |
| Return on Invested Capital (ROIC) | 10.88% |
| Return on Capital Employed (ROCE) | 15.63% |
| Revenue Per Employee | $2.18M |
| Profits Per Employee | $1.37M |
| Employee Count | 555 |
| Asset Turnover | 0.18 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MGIC Investment has paid $205.72 million in taxes.
| Income Tax | 205.72M |
| Effective Tax Rate | 21.24% |
Stock Price Statistics
The stock price has increased by +12.57% in the last 52 weeks. The beta is 1.28, so MGIC Investment's price volatility has been higher than the market average.
| Beta (5Y) | 1.28 |
| 52-Week Price Change | +12.57% |
| 50-Day Moving Average | 24.36 |
| 200-Day Moving Average | 24.26 |
| Relative Strength Index (RSI) | 64.19 |
| Average Volume (20 Days) | 3,497,654 |
Short Selling Information
The latest short interest is 11.47 million, so 4.72% of the outstanding shares have been sold short.
| Short Interest | 11.47M |
| Short Previous Month | 9.90M |
| Short % of Shares Out | 4.72% |
| Short % of Float | 4.81% |
| Short Ratio (days to cover) | 5.71 |
Income Statement
In the last 12 months, MGIC Investment had revenue of $1.21 billion and earned $762.99 million in profits. Earnings per share was $2.89.
| Revenue | 1.21B |
| Gross Profit | 1.04B |
| Operating Income | 1.00B |
| Pretax Income | 943.95M |
| Net Income | 762.99M |
| EBITDA | 1.02B |
| EBIT | 1.00B |
| Earnings Per Share (EPS) | $2.89 |
Full Income StatementBalance Sheet
The company has $229.49 million in cash and $646.48 million in debt, giving a net cash position of -$417.00 million or -$1.72 per share.
| Cash & Cash Equivalents | 229.49M |
| Total Debt | 646.48M |
| Net Cash | -417.00M |
| Net Cash Per Share | -$1.72 |
| Equity (Book Value) | 5.17B |
| Book Value Per Share | 20.82 |
| Working Capital | 283.67M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $725.03 million and capital expenditures -$1.17 million, giving a free cash flow of $723.86 million.
| Operating Cash Flow | 725.03M |
| Capital Expenditures | -1.17M |
| Free Cash Flow | 723.86M |
| FCF Per Share | $2.98 |
Full Cash Flow StatementMargins
Gross margin is 85.75%, with operating and profit margins of 83.16% and 63.18%.
| Gross Margin | 85.75% |
| Operating Margin | 83.16% |
| Pretax Margin | 80.21% |
| Profit Margin | 63.18% |
| EBITDA Margin | 84.68% |
| EBIT Margin | 83.16% |
| FCF Margin | 59.94% |
Dividends & Yields
This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 2.07%.
| Dividend Per Share | $0.52 |
| Dividend Yield | 2.07% |
| Dividend Growth (YoY) | 13.48% |
| Years of Dividend Growth | 6 |
| Payout Ratio | 17.99% |
| Buyback Yield | 8.07% |
| Shareholder Yield | 10.14% |
| Earnings Yield | 12.49% |
| FCF Yield | 11.85% |
Dividend DetailsAnalyst Forecast
The average price target for MGIC Investment is $26.75, which is 6.28% higher than the current price. The consensus rating is "Hold".
| Price Target | $26.75 |
| Price Target Difference | 6.28% |
| Analyst Consensus | Hold |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 |