MGIC Investment Statistics
Total Valuation
MTG has a market cap or net worth of $5.99 billion. The enterprise value is $6.35 billion.
Important Dates
The next estimated earnings date is Wednesday, January 29, 2025, after market close.
| Earnings Date | Jan 29, 2025 |
| 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 (%) | 1.28% |
| Owned by Institutions (%) | 97.93% |
| Float | 249.69M |
Valuation Ratios
The trailing PE ratio is 8.36 and the forward PE ratio is 8.73. MTG's PEG ratio is 1.78.
| PE Ratio | 8.36 |
| Forward PE | 8.73 |
| PS Ratio | 5.32 |
| Forward PS | 4.78 |
| PB Ratio | 1.15 |
| P/TBV Ratio | 1.13 |
| P/FCF Ratio | 8.24 |
| P/OCF Ratio | 8.22 |
| PEG Ratio | 1.78 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 6.23, with an EV/FCF ratio of 8.73.
| EV / Earnings | 8.33 |
| EV / Sales | 5.34 |
| EV / EBITDA | 6.23 |
| EV / EBIT | 6.35 |
| EV / FCF | 8.73 |
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 +22.40% 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 | +22.40% |
| 50-Day Moving Average | 25.06 |
| 200-Day Moving Average | 23.12 |
| Relative Strength Index (RSI) | 35.86 |
| Average Volume (20 Days) | 1,684,308 |
Short Selling Information
The latest short interest is 9.48 million, so 3.74% of the outstanding shares have been sold short.
| Short Interest | 9.48M |
| Short Previous Month | 8.73M |
| Short % of Shares Out | 3.74% |
| Short % of Float | 3.80% |
| Short Ratio (days to cover) | 5.58 |
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 StatementBalance 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 SheetCash 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 StatementMargins
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 | 61.14% |
Dividends & Yields
This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 2.20%.
| Dividend Per Share | $0.52 |
| Dividend Yield | 2.20% |
| Dividend Growth (YoY) | 13.95% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 18.38% |
| Buyback Yield | 7.70% |
| Shareholder Yield | 9.89% |
| Earnings Yield | 12.72% |
| FCF Yield | 12.14% |
Dividend DetailsAnalyst Forecast
The average price target for MTG is $26.00, which is 9.89% higher than the current price. The consensus rating is "Buy".
| Price Target | $26.00 |
| Price Target Difference | 9.89% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
| 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 |