MTG Mgic Investment Corp

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

Price (delayed)

$25.81

Market cap

$5.46B

P/E Ratio

8.17

Dividend/share

$0.6

EPS

$3.16

Enterprise value

$5.86B

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Relative Growth: Rel. Growth: 51
Relative Strength: Rel. Strength: 33
Relative Valuation: Rel. Valuation: 79
Relative Profitability: Rel. Profitability: 90

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
Mgic Investment's EPS has increased by 3.9% YoY
MTG's price to earnings (P/E) is 10% higher than its 5-year quarterly average of 7.4 but 8% lower than its last 4 quarters average of 8.9
The gross profit has contracted by 8% YoY and by 2.8% from the previous quarter
MTG's gross margin is down by 7% year-on-year and by 2.1% since 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

MTG stock price

How has the Mgic Investment stock price performed over time
Intraday
1.33%
1 week
1.18%
1 month
-0.96%
1 year
-4.05%
YTD
-11.67%
QTD
-1.68%

Financial performance

How have Mgic Investment's revenue and profit performed over time
Revenue
$1.2B
Gross profit
$1.13B
Operating income
$936.29M
Net income
$718.19M
Gross margin
94%
Net margin
59.6%
The operating income has contracted by 8% YoY and by 2.9% from the previous quarter
The gross profit has contracted by 8% YoY and by 2.8% from the previous quarter
MTG's gross margin is down by 7% year-on-year and by 2.1% since the previous quarter
The company's net income fell by 7% YoY and by 2.7% QoQ

Price vs fundamentals

How does MTG's price correlate with its fundamentals

Growth

What is Mgic Investment's growth rate over time

Valuation

What is Mgic Investment stock price valuation
MTG P/E details
P/E
8.17
P/B
1.1
P/S
4.63
EV/EBIT
6.25
EV/EBITDA
6.23
EV/Sales
4.86
MTG's price to earnings (P/E) is 10% higher than its 5-year quarterly average of 7.4 but 8% lower than its last 4 quarters average of 8.9
Mgic Investment's EPS has increased by 3.9% YoY
MTG's price to book (P/B) is 8% lower than its last 4 quarters average of 1.2
The equity fell by 2.1% QoQ
The P/S is 13% below the last 4 quarters average of 5.3 but 5% above the 5-year quarterly average of 4.4

Efficiency

How efficient is Mgic Investment business performance
Mgic Investment's return on assets has decreased by 7% YoY
Mgic Investment's return on invested capital has decreased by 7% YoY and by 2.2% QoQ
Mgic Investment's return on sales has decreased by 7% YoY and by 2.1% QoQ
The company's return on equity fell by 6% YoY and by 2.1% QoQ

Dividends

What is MTG's dividend history
Dividend details
DPS
$0.6
Dividend yield
2.32%
Payout ratio
19%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Mgic Investment financials performed over time
Mgic Investment's total liabilities has decreased by 8% QoQ
The company's total assets fell by 3.4% QoQ
The debt is 87% smaller than the equity
The equity fell by 2.1% QoQ

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