MTG Mgic Investment Corp

  1. Stocks
  2. Financial Services
  3. NYSE: MTG

Price (delayed)

$17.47

Market cap

$4.84B

P/E Ratio

6.99

Dividend/share

$0.43

EPS

$2.5

Enterprise value

$5.21B

Mortgage Guaranty Insurance Corporation 'MGIC', the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making ...

Highlights
The equity rose by 7% YoY
The debt is down by 3.1% since the previous quarter and by 3% year-on-year
MTG's price to earnings (P/E) is 28% higher than its last 4 quarters average of 5.5 and 7% higher than its 5-year quarterly average of 6.6
The gross profit has contracted by 15% YoY and by 8% from the previous quarter
Sector: Financial Services
Industry: Insurance - Specialty
Website: http://www.mgic.com
Peers: MBI ESNT AIG ORI

Key stats

What are the main financial stats of MTG
Market
Shares outstanding
277.31M
Market cap
$4.84B
Enterprise value
$5.21B
Valuations
Price to earnings (P/E)
6.99
Price to book (P/B)
1.02
Price to sales (P/S)
4.23
EV/EBIT
5.49
EV/EBITDA
5.26
EV/Sales
4.48
Earnings
Revenue
$1.16B
EBIT
$950.21M
EBITDA
$990.64M
Free cash flow
$690.79M
Per share
EPS
$2.5
Free cash flow per share
$2.45
Book value per share
$17.2
Revenue per share
$4.13
TBVPS
$22.47
Balance sheet
Total assets
$6.33B
Total liabilities
$1.48B
Debt
$642.83M
Equity
$4.85B
Working capital
N/A
Liquidity
Debt to equity
0.13
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.37
Margins
EBITDA margin
85.2%
Gross margin
103.6%
Net margin
61.9%
Operating margin
81.7%
Efficiency
Return on assets
11.4%
Return on equity
15.1%
Return on invested capital
14.3%
Return on capital employed
N/A
Return on sales
81.7%
Dividend
Dividend yield
2.46%
DPS
$0.43
Payout ratio
17.2%

MTG stock price

How has the Mgic Investment stock price performed over time
Intraday
-0.74%
1 week
0.75%
1 month
-1.47%
1 year
36.38%
YTD
34.38%
QTD
4.67%

Financial performance

How have Mgic Investment's revenue and profit performed over time
Revenue
$1.16B
Gross profit
$1.21B
Operating income
$950.27M
Net income
$719.89M
Gross margin
103.6%
Net margin
61.9%
The operating income has contracted by 21% YoY and by 9% from the previous quarter
Mgic Investment's operating margin has decreased by 20% YoY and by 9% QoQ
The gross profit has contracted by 15% YoY and by 8% from the previous quarter
The company's net income fell by 15% YoY and by 8% QoQ

Growth

What is Mgic Investment's growth rate over time

Valuation

What is Mgic Investment stock price valuation
MTG P/E details
P/E
6.99
P/B
1.02
P/S
4.23
EV/EBIT
5.49
EV/EBITDA
5.26
EV/Sales
4.48
MTG's price to earnings (P/E) is 28% higher than its last 4 quarters average of 5.5 and 7% higher than its 5-year quarterly average of 6.6
Mgic Investment's EPS has decreased by 8% YoY and by 6% QoQ
MTG's price to book (P/B) is 13% higher than its 5-year quarterly average of 0.9 and 13% higher than its last 4 quarters average of 0.9
The equity rose by 7% YoY
The P/S is 22% above the 5-year quarterly average of 3.5 and 15% above the last 4 quarters average of 3.7

Efficiency

How efficient is Mgic Investment business performance
The company's return on equity fell by 17% YoY and by 10% QoQ
Mgic Investment's return on sales has decreased by 15% YoY and by 8% QoQ
Mgic Investment's return on assets has decreased by 10% YoY and by 9% QoQ
Mgic Investment's return on invested capital has decreased by 8% QoQ and by 7% YoY

Dividends

What is MTG's dividend history
Dividend details
DPS
$0.43
Dividend yield
2.46%
Payout ratio
17.2%
Recent dividends

Financial health

How did Mgic Investment financials performed over time
Mgic Investment's total liabilities has decreased by 8% YoY and by 2.1% QoQ
The company's total assets rose by 2.9% YoY
The debt is 87% smaller than the equity
The debt to equity has declined by 13% year-on-year and by 7% since the previous quarter
The equity rose by 7% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.