MTG Mgic Investment Corp

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

Price (delayed)

$14.91

Market cap

$5.06B

P/E Ratio

8.67

Dividend/share

$0.26

EPS

$1.72

Enterprise value

$6.11B

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 31% QoQ and by 15% YoY
The company's net income rose by 31% QoQ and by 13% YoY
The debt is up by 49% year-on-year
The company's revenue fell by 3% 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
339.32M
Market cap
$5.06B
Enterprise value
$6.11B
Valuations
Price to earnings (P/E)
8.67
Price to book (P/B)
1.03
Price to sales (P/S)
4.24
EV/EBIT
7.57
EV/EBITDA
7.01
EV/Sales
5.12
Earnings
Revenue
$1.19B
EBIT
$807.75M
EBITDA
$872.58M
Free cash flow
$657.83M
Per share
EPS
$1.72
Free cash flow per share
$1.94
Book value per share
$14.48
Revenue per share
$3.52
TBVPS
$22.33
Balance sheet
Total assets
$7.58B
Total liabilities
$2.66B
Debt
$1.24B
Equity
$4.91B
Working capital
N/A
Liquidity
Debt to equity
0.25
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
1.21
Margins
EBITDA margin
73.1%
Gross margin
87%
Net margin
49%
Operating margin
69.9%
Efficiency
Return on assets
7.9%
Return on equity
12.4%
Return on invested capital
9.7%
Return on capital employed
N/A
Return on sales
67.6%
Dividend
Dividend yield
1.74%
DPS
$0.26
Payout ratio
15.1%

MTG stock price

How has the Mgic Investment stock price performed over time
Intraday
-0.47%
1 week
-1.06%
1 month
0.47%
1 year
56.78%
YTD
18.8%
QTD
9.63%

Financial performance

How have Mgic Investment's revenue and profit performed over time
Revenue
$1.19B
Gross profit
$1.04B
Operating income
$834.48M
Net income
$585.31M
Gross margin
87%
Net margin
49%
The net margin is up by 31% since the previous quarter and by 16% year-on-year
The company's net income rose by 31% QoQ and by 13% YoY
The operating income has grown by 28% from the previous quarter and by 19% YoY
Mgic Investment's operating margin has increased by 28% QoQ and by 22% YoY

Growth

What is Mgic Investment's growth rate over time

Valuation

What is Mgic Investment stock price valuation
P/E
8.67
P/B
1.03
P/S
4.24
EV/EBIT
7.57
EV/EBITDA
7.01
EV/Sales
5.12
Mgic Investment's EPS has increased by 31% QoQ and by 15% YoY
MTG's price to earnings (P/E) is 2.5% higher than its 5-year quarterly average of 8.5
MTG's price to book (P/B) is 14% higher than its last 4 quarters average of 0.9 but 6% lower than its 5-year quarterly average of 1.1
The equity rose by 12% YoY and by 3.9% QoQ
The P/S is 22% above the last 4 quarters average of 3.5 and 18% above the 5-year quarterly average of 3.6
The company's revenue fell by 3% YoY

Efficiency

How efficient is Mgic Investment business performance
Mgic Investment's return on sales has increased by 29% QoQ and by 18% YoY
The company's return on equity rose by 28% QoQ and by 2.5% YoY
Mgic Investment's return on assets has increased by 25% QoQ but it has decreased by 4.8% YoY
Mgic Investment's return on invested capital has increased by 23% QoQ but it has decreased by 6% YoY

Dividends

What is MTG's dividend history
DPS
$0.26
Dividend yield
1.74%
Payout ratio
15.1%
Recent dividends

Financial health

How did Mgic Investment financials performed over time
The company's total assets is 185% higher than its total liabilities
Mgic Investment's total liabilities has increased by 21% YoY
The company's total assets rose by 15% YoY and by 2.3% QoQ
The debt is 75% smaller than the equity
The debt is up by 49% year-on-year
The debt to equity has increased by 32% year-on-year but it has declined by 3.8% since the previous quarter

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