MGIC Investment Statistics
Total Valuation
MTG has a market cap or net worth of $5.35 billion. The enterprise value is $5.62 billion.
| Market Cap | 5.35B |
| Enterprise Value | 5.62B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, after market close.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | Feb 14, 2024 |
Share Statistics
MTG has 269.67 million shares outstanding. The number of shares has decreased by -7.74% in one year.
| Shares Outstanding | 269.67M |
| Shares Change (YoY) | -7.74% |
| Shares Change (QoQ) | -2.36% |
| Owned by Insiders (%) | 1.32% |
| Owned by Institutions (%) | 98.32% |
| Float | 265.51M |
Valuation Ratios
The trailing PE ratio is 7.96 and the forward PE ratio is 7.97. MTG's PEG ratio is 1.54.
| PE Ratio | 7.96 |
| Forward PE | 7.97 |
| PS Ratio | 4.63 |
| Forward PS | 4.34 |
| PB Ratio | 1.05 |
| P/FCF Ratio | 7.50 |
| PEG Ratio | 1.54 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.77, with an EV/FCF ratio of 7.88.
| EV / Earnings | 7.88 |
| EV / Sales | 4.87 |
| EV / EBITDA | 5.77 |
| EV / EBIT | 5.98 |
| EV / FCF | 7.88 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.13 |
| Debt / EBITDA | 0.66 |
| Debt / FCF | 0.90 |
| Interest Coverage | 25.45 |
Financial Efficiency
Return on equity (ROE) is 14.60% and return on invested capital (ROIC) is 12.98%.
| Return on Equity (ROE) | 14.60% |
| Return on Assets (ROA) | 11.20% |
| Return on Capital (ROIC) | 12.98% |
| Revenue Per Employee | $1.84M |
| Profits Per Employee | $1.14M |
| Employee Count | 627 |
| Asset Turnover | 0.18 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MTG has paid $189.28 million in taxes.
| Income Tax | 189.28M |
| Effective Tax Rate | 20.98% |
Stock Price Statistics
The stock price has increased by +38.48% in the last 52 weeks. The beta is 1.22, so MTG's price volatility has been higher than the market average.
| Beta (1Y) | 1.22 |
| 52-Week Price Change | +38.48% |
| 50-Day Moving Average | 20.28 |
| 200-Day Moving Average | 18.38 |
| Relative Strength Index (RSI) | 41.39 |
| Average Volume (30 Days) | 2,180,880 |
Short Selling Information
The latest short interest is 9.66 million, so 3.58% of the outstanding shares have been sold short.
| Short Interest | 9.66M |
| Short Previous Month | 10.23M |
| Short % of Shares Out | 3.58% |
| Short % of Float | 3.64% |
| Short Ratio (days to cover) | 3.84 |
Income Statement
In the last 12 months, MTG had revenue of $1.16 billion and earned $712.95 million in profits. Earnings per share was $2.49.
| Revenue | 1.16B |
| Gross Profit | 1.18B |
| Operating Income | 939.13M |
| Pretax Income | 902.23M |
| Net Income | 712.95M |
| EBITDA | 974.36M |
| EBIT | 939.13M |
| Earnings Per Share (EPS) | $2.49 |
Balance Sheet
The company has $370.64 million in cash and $643.20 million in debt, giving a net cash position of -$272.55 million or -$1.01 per share.
| Cash & Cash Equivalents | 370.64M |
| Total Debt | 643.20M |
| Net Cash | -272.55M |
| Net Cash Per Share | -$1.01 |
| Equity / Book Value | 5.07B |
| Book Value Per Share | 18.81 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $712.96 million and capital expenditures $337,000, giving a free cash flow of $713.30 million.
| Operating Cash Flow | 712.96M |
| Capital Expenditures | 337,000 |
| Free Cash Flow | 713.30M |
| FCF Per Share | $2.52 |
Margins
Gross margin is 101.81%, with operating and profit margins of 81.30% and 61.72%.
| Gross Margin | 101.81% |
| Operating Margin | 81.30% |
| Pretax Margin | 78.11% |
| Profit Margin | 61.72% |
| EBITDA Margin | 84.35% |
| EBIT Margin | 81.30% |
| FCF Margin | 61.75% |
Dividends & Yields
This stock pays an annual dividend of $0.46, which amounts to a dividend yield of 2.32%.
| Dividend Per Share | $0.46 |
| Dividend Yield | 2.32% |
| Dividend Growth (YoY) | 17.11% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 18.47% |
| Buyback Yield | 7.74% |
| Shareholder Yield | 10.06% |
| Earnings Yield | 13.33% |
| FCF Yield | 13.34% |
Analyst Forecast
The average price target for MTG is $20.75, which is 4.64% higher than the current price. The consensus rating is "Hold".
| Price Target | $20.75 |
| Price Target Difference | 4.64% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 | 5 |