MGIC Investment Statistics
Total Valuation
MTG has a market cap or net worth of $6.11 billion. The enterprise value is $6.47 billion.
Important Dates
The next confirmed earnings date is Monday, November 4, 2024, after market close.
| Earnings Date | Nov 4, 2024 |
| Ex-Dividend Date | Nov 7, 2024 |
Share Statistics
MTG has 259.23 million shares outstanding. The number of shares has decreased by -7.29% in one year.
| Shares Outstanding | 259.23M |
| Shares Change (YoY) | -7.29% |
| Shares Change (QoQ) | -2.28% |
| Owned by Insiders (%) | 1.39% |
| Owned by Institutions (%) | 97.13% |
| Float | 255.10M |
Valuation Ratios
The trailing PE ratio is 8.72 and the forward PE ratio is 8.77. MTG's PEG ratio is 1.29.
| PE Ratio | 8.72 |
| Forward PE | 8.77 |
| PS Ratio | 5.46 |
| Forward PS | 4.90 |
| PB Ratio | 1.20 |
| P/FCF Ratio | 8.55 |
| PEG Ratio | 1.29 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 6.43, with an EV/FCF ratio of 9.06.
| EV / Earnings | 8.68 |
| EV / Sales | 5.48 |
| EV / EBITDA | 6.43 |
| EV / EBIT | 6.60 |
| EV / FCF | 9.06 |
Financial Position
The company has a current ratio of 3.10, with a Debt / Equity ratio of 0.13.
| Current Ratio | 3.10 |
| Quick Ratio | 2.34 |
| Debt / Equity | 0.13 |
| Debt / EBITDA | 0.64 |
| Debt / FCF | 0.90 |
| Interest Coverage | 27.26 |
Financial Efficiency
Return on equity (ROE) is 14.97% and return on invested capital (ROIC) is 10.87%.
| Return on Equity (ROE) | 14.97% |
| Return on Assets (ROA) | 9.51% |
| Return on Capital (ROIC) | 10.87% |
| Revenue Per Employee | $1.88M |
| Profits Per Employee | $1.19M |
| Employee Count | 627 |
| Asset Turnover | 0.18 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MTG has paid $198.28 million in taxes.
| Income Tax | 198.28M |
| Effective Tax Rate | 21.00% |
Stock Price Statistics
The stock price has increased by +39.91% 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 | +39.91% |
| 50-Day Moving Average | 25.30 |
| 200-Day Moving Average | 22.22 |
| Relative Strength Index (RSI) | 30.52 |
| Average Volume (20 Days) | 1,420,412 |
Short Selling Information
The latest short interest is 9.11 million, so 3.51% of the outstanding shares have been sold short.
| Short Interest | 9.11M |
| Short Previous Month | 9.68M |
| Short % of Shares Out | 3.51% |
| Short % of Float | 3.57% |
| Short Ratio (days to cover) | 6.04 |
Income Statement
In the last 12 months, MTG had revenue of $1.18 billion and earned $745.67 million in profits. Earnings per share was $2.70.
| Revenue | 1.18B |
| Gross Profit | 1.01B |
| Operating Income | 979.90M |
| Pretax Income | 943.95M |
| Net Income | 745.67M |
| EBITDA | 1.01B |
| EBIT | 979.90M |
| Earnings Per Share (EPS) | $2.70 |
Full Income StatementBalance Sheet
The company has $281.79 million in cash and $643.93 million in debt, giving a net cash position of -$362.14 million or -$1.40 per share.
| Cash & Cash Equivalents | 281.79M |
| Total Debt | 643.93M |
| Net Cash | -362.14M |
| Net Cash Per Share | -$1.40 |
| Equity (Book Value) | 5.12B |
| Book Value Per Share | 19.58 |
| Working Capital | 303.35M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $715.79 million and capital expenditures -$1.61 million, giving a free cash flow of $714.18 million.
| Operating Cash Flow | 715.79M |
| Capital Expenditures | -1.61M |
| Free Cash Flow | 714.18M |
| FCF Per Share | $2.75 |
Full Cash Flow StatementMargins
Gross margin is 85.78%, with operating and profit margins of 83.04% and 63.19%.
| Gross Margin | 85.78% |
| Operating Margin | 83.04% |
| Pretax Margin | 79.99% |
| Profit Margin | 63.19% |
| EBITDA Margin | 85.31% |
| EBIT Margin | 83.04% |
| FCF Margin | 60.70% |
Dividends & Yields
This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 2.21%.
| Dividend Per Share | $0.52 |
| Dividend Yield | 2.21% |
| Dividend Growth (YoY) | 13.95% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 19.25% |
| Buyback Yield | 7.29% |
| Shareholder Yield | 9.49% |
| Earnings Yield | 12.21% |
| FCF Yield | 11.69% |
Dividend DetailsAnalyst Forecast
The average price target for MTG is $24.50, which is 3.99% higher than the current price. The consensus rating is "Buy".
| Price Target | $24.50 |
| Price Target Difference | 3.99% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| 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 | 6 |