MTG Stock Forecast, Price Targets, Chart, Dividends & Analysis
MGIC Investment Corporation
MTG 
NYE
Sector: Financial Services
Industry: Insurance - Specialty
23.66
USD
0.34
(1.46%)
Previous close: 23.32 Open: 23.12 Bid: 23.27 Ask: 24.05
52 week range
18.68 26.56
Mkt Cap: 6,154 M Avg Vol (90 Days): 2,182,238
Last updated: Sunday 22nd December 2024
Metrics
Valuation
Price per Sales TTM ($) | 5.26 |
Price per Book TTM ($) | 1.18 |
PE Ratio (TTM) | 8.70 |
Book Value per Share ($) | 20.90 |
5 Year PE Range | NA , NA |
Returns
7 Day Return | -4.21% | |
1 Month Return | -5.25% | |
3 Month Return | -8.08% | |
1 Year Return | 23.67% | |
3 Year Return | 83.00% | |
5 Year Return | 86.26% | |
YTD Return | 22.65% |
Risk
Dividends
Analyst Estimates
Financial Health
Technicals
RSI (14 Day) | 35.86 |
14 Day SMA ($) | 24.68 |
14 Day EMA ($) | 24.44 |
Money Flow Index | 76.44 |
Average True Range | 0.57 |
50 Day SMA ($) | 25.06 |
200 Day SMA ($) | 23.12 |
ADX | 21.01 |
MACD | -0.06 |
Growth
Free Cash Flow QoQ Growth | 0.00% |
Free Cash Flow YoY Growth | 0.00% |
Revenue YoY Growth | 0.00% |
EPS QoQ Growth | 0.00% |
Revenue QoQ Growth | 0.00% |
EPS YoY Growth | 0.00% |
Profitability
Financials
MTG Income Statement
Annual
| Dec-14 | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AgencyFees | 38 M | |||||||||
| AgencyFeesAndCommissions | 38 M | |||||||||
| Basic EPS from continuing operations | 1.38 | 6.05 | 1.86 | 1.93 | 1.83 | 1.91 | 1.31 | 1.9 | 2.83 | 2.51 |
| Basic EPS total | 1.38 | 6.05 | 1.86 | 1.93 | 1.83 | 1.91 | 1.31 | 1.9 | 2.83 | 2.51 |
| Basic weighted shares outstanding | 339 M | 340 M | 343 M | 362 M | 365 M | 353 M | 340 M | 334 M | 306 M | 284 M |
| CededPremiums | 120 M | 55 M | 134 M | 126 M | 111 M | 129 M | 189 M | 163 M | 156 M | 203 M |
| Depreciation | -2 M | -3 M | -5 M | -5 M | -6 M | 7 M | 6 M | 6 M | 5 M | 5 M |
| Diluted EPS total | 1.78 | 1.85 | 1.29 | 1.85 | 2.79 | 2.49 | ||||
| Diluted normalized net income/share | 1.78 | 1.85 | 1.29 | 1.85 | 2.79 | 2.49 | ||||
| Diluted weighted shares outstanding | 414 M | 468 M | 432 M | 395 M | 386 M | 374 M | 359 M | 351 M | 311 M | 287 M |
| Dividends paid per share | 0.06 | |||||||||
| GrossPremiumsWritten | 1,002 M | 1,076 M | 1,109 M | 1,124 M | 1,104 M | 1,131 M | 1,117 M | 1,138 M | 1,110 M | 1,104 M |
| ImpairmentOfCapitalAssets | 144000.0 | |||||||||
| Income before tax | 255 M | 488 M | 515 M | 784 M | 844 M | 848 M | 559 M | 802 M | 1,090 M | 902 M |
| Income taxes | 3 M | -684 M | 172 M | 429 M | 174 M | 174 M | 113 M | 167 M | 225 M | 189 M |
| IncreaseDecreaseInNetUnearnedPremiumReserves | -38 M | -124 M | -50 M | -63 M | -17 M | 30 M | 93 M | 45 M | 46 M | 38 M |
| Interest expense | 70 M | 69 M | 57 M | 57 M | 53 M | 53 M | 60 M | 71 M | 48 M | 37 M |
| InterestIncome | 88 M | 104 M | 111 M | 121 M | 141 M | |||||
| MinorityInterests | 255 M | 488 M | 515 M | 784 M | 844 M | 848 M | 559 M | 802 M | 1,090 M | 902 M |
| Net income from total operations | 252 M | 1,172 M | 343 M | 356 M | 670 M | 674 M | 446 M | 635 M | 865 M | 713 M |
| NetIncomeCommonStockholders | 252 M | 1,172 M | 343 M | 356 M | 670 M | 674 M | 446 M | 635 M | 865 M | 713 M |
| NetIncomeContinuousOperations | 252 M | 1,172 M | 343 M | 356 M | 670 M | 674 M | 446 M | 635 M | 865 M | 713 M |
| NetInvestmentIncome | 89 M | 132 M | 29 M | 121 M | 140 M | 172 M | 141 M | 120 M | 127 M | 215 M |
| NetPremiumsWritten | -882 M | -1,020 M | -975 M | -998 M | -992 M | -1,001 M | -929 M | -975 M | -953 M | -901 M |
| NetRealizedGainLossOnInvestments | 2 M | 28 M | -82 M | 166000.0 | -1 M | 5 M | -13 M | -37 M | -40 M | |
| NonRecurringOperationExpense | -3 M | -2 M | -2 M | -2 M | -2 M | |||||
| Normalized income | 713 M | |||||||||
| Operating income | 255 M | 488 M | 515 M | 784 M | 844 M | 848 M | 559 M | 802 M | 1,090 M | 902 M |
| Other income net | -9 M | -13 M | -18 M | -10 M | -9 M | 414000.0 | 6 M | 2 M | ||
| PolicyAcquisitionExpense | 8 M | 9 M | 10 M | 11 M | 12 M | 12 M | 12 M | 13 M | 12 M | 11 M |
| SalariesAndWages | -9 M | -12 M | -11 M | -15 M | -21 M | |||||
| Special income/charges | 144000.0 | -2 M | -2 M | -2 M | -2 M | |||||
| Total common shares outstanding | 678 M | 680 M | 682 M | 742 M | 711 M | 692 M | 339 M | 316 M | 290 M | 270 M |
| Total net income | 252 M | 1,172 M | 343 M | 356 M | 670 M | 674 M | 446 M | 635 M | 865 M | 713 M |
| Total ordinary shares | 253 M | 253 M | 253 M | 253 M | 253 M | 253 M | 253 M | 253 M | 253 M | 253 M |
| Total revenues | 942 M | 1,041 M | 1,062 M | 1,066 M | 1,124 M | 1,214 M | 1,199 M | 1,186 M | 1,173 M | 1,155 M |
| TotalExpenses | 687 M | 554 M | 548 M | 282 M | -280 M | -366 M | -640 M | -384 M | -83 M | -253 M |
| TotalPremiumsEarned | 844 M | 896 M | 925 M | 935 M | 975 M | 1,031 M | 1,022 M | 1,020 M | 1,000 M | 938 M |
| TotalRevenue | 942 M | 1,041 M | 1,062 M | 1,066 M | 1,124 M | 1,214 M | 1,199 M | 1,186 M | 1,173 M | 1,155 M |
| UnderwritingExpenses | 183 M | 176 M | 198 M | 237 M | 226 M |
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