MTG Mgic Investment Corp

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

Price (delayed)

$19.97

Market cap

$5.39B

P/E Ratio

7.96

Dividend/share

$0.45

EPS

$2.51

Enterprise value

$5.66B

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 9% YoY and by 4.5% QoQ
The debt is down by 3% year-on-year
MTG's price to earnings (P/E) is 26% higher than its last 4 quarters average of 6.3 and 19% higher than its 5-year quarterly average of 6.7
The company's net income fell by 18% YoY
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
269.67M
Market cap
$5.39B
Enterprise value
$5.66B
Valuations
Price to earnings (P/E)
7.96
Price to book (P/B)
1.09
Price to sales (P/S)
4.9
EV/EBIT
6.02
EV/EBITDA
5.81
EV/Sales
4.9
Earnings
Revenue
$1.16B
EBIT
$939.13M
EBITDA
$974.36M
Free cash flow
$713.3M
Per share
EPS
$2.51
Free cash flow per share
$2.52
Book value per share
$18.29
Revenue per share
$4.07
TBVPS
$23.05
Balance sheet
Total assets
$6.54B
Total liabilities
$1.47B
Debt
$643.2M
Equity
$5.07B
Working capital
N/A
Liquidity
Debt to equity
0.13
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.28
Margins
EBITDA margin
84.4%
Gross margin
101.8%
Net margin
61.7%
Operating margin
81.3%
Efficiency
Return on assets
11.2%
Return on equity
14.6%
Return on invested capital
14%
Return on capital employed
N/A
Return on sales
81.3%
Dividend
Dividend yield
2.23%
DPS
$0.45
Payout ratio
17.7%

MTG stock price

How has the Mgic Investment stock price performed over time
Intraday
0.71%
1 week
1.99%
1 month
-8.35%
1 year
39.65%
YTD
3.53%
QTD
-10.69%

Financial performance

How have Mgic Investment's revenue and profit performed over time
Revenue
$1.16B
Gross profit
$1.18B
Operating income
$939.13M
Net income
$712.95M
Gross margin
101.8%
Net margin
61.7%
The operating income has contracted by 20% YoY
Mgic Investment's operating margin has decreased by 19% YoY
The company's net income fell by 18% YoY
The gross profit has contracted by 18% YoY and by 2.5% from the previous quarter

Growth

What is Mgic Investment's growth rate over time

Valuation

What is Mgic Investment stock price valuation
MTG P/E details
P/E
7.96
P/B
1.09
P/S
4.9
EV/EBIT
6.02
EV/EBITDA
5.81
EV/Sales
4.9
MTG's price to earnings (P/E) is 26% higher than its last 4 quarters average of 6.3 and 19% higher than its 5-year quarterly average of 6.7
Mgic Investment's EPS has decreased by 11% YoY
MTG's price to book (P/B) is 21% higher than its 5-year quarterly average of 0.9 and 21% higher than its last 4 quarters average of 0.9
The equity rose by 9% YoY and by 4.5% QoQ
The P/S is 36% above the 5-year quarterly average of 3.6 and 23% above the last 4 quarters average of 4.0

Efficiency

How efficient is Mgic Investment business performance
The company's return on equity fell by 22% YoY and by 3.3% QoQ
Mgic Investment's return on assets has decreased by 16% YoY
Mgic Investment's return on invested capital has decreased by 16% YoY and by 2.1% QoQ
Mgic Investment's return on sales has decreased by 16% YoY

Dividends

What is MTG's dividend history
Dividend details
DPS
$0.45
Dividend yield
2.23%
Payout ratio
17.7%
Recent dividends

Financial health

How did Mgic Investment financials performed over time
Mgic Investment's total liabilities has decreased by 7% YoY
The company's total assets rose by 5% YoY and by 3.3% QoQ
The debt is 87% smaller than the equity
The equity rose by 9% YoY and by 4.5% QoQ
The debt to equity has declined by 7% year-on-year

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