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Ticker
MTG

Price
23.94
Stock movement up
+0.73 (3.15%)
Company name
MGIC Investment Corp
Exchange
(NYSE
,
Currency
USD
)
Sector
Financial Services >
Insurance - Specialty
Market cap
6.07B
Ent value
7.15B
Price/Sales
5.10
Price/Book
1.15
Div yield
2.17%
Div growth
-
Growth years
4
FCF payout
17.78%
Trailing P/E
7.95
Forward P/E
8.68
PEG
-
EPS growth
7.42%
1 year return
20.79%
3 year return
22.14%
5 year return
29.95%
10 year return
9.39%
Last updated: 2025-04-12

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share0.52
Dividend yield2.17%
Payout frequency-
Maximum yield4.33%
Average yield2.42%
Minimum yield1.54%
Discount to avg yield-11.32%
Upside potential-10.17%
Yield as % of max yield50.14%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.17%
Current yield distribution67.62%
Yield at 100% (Min)1.54%
Yield at 90%1.98%
Yield at 80%2.09%
Yield at 50% (Median)2.32%
Yield at 20%2.78%
Yield at 10%3.00%
Yield at 0% (Max)4.33%

Dividend per share

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Dividend per share data
Years of growth4 years
CCC status-
Dividend per share0.52
Payout frequency-
Ex-div date18 Feb 2025
EPS (TTM)2.92
EPS (1y forward)2.76
EPS growth (5y)7.42%
EPS growth (5y forward)-

Dividend growth

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Dividend growth data
MTGS&P500
DGR MR13.04%-13.74%
DGR TTM13.95%6.60%
DGR 3 years21.46%5.24%
DGR 5 years-5.40%
DGR 10 years-7.07%
DGR 15 years12.35%6.12%
Time since last change announced263 days
EPS growth (5y)7.42%
EPS growth (5y forward)-

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM16.96%17.78%
Average--
Forward18.86%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E7.95
Price to OCF8.32
Price to FCF8.34
Price to EBITDA8.57
EV to EBITDA10.10

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales5.10
Price to Book1.15
EV to Sales6.01

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

FINANCIALS

Per share

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Per share data
Current share count253.36M
EPS (TTM)2.92
FCF per share (TTM)2.79

Income statement

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Income statement data
Revenue (TTM)1.19B
Gross profit (TTM)975.77M
Operating income (TTM)990.55M
Net income (TTM)762.80M
EPS (TTM)2.92
EPS (1y forward)2.76

Margins

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Margins data
Gross margin (TTM)81.98%
Operating margin (TTM)83.22%
Profit margin (TTM)64.09%

Balance Sheet

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Balance Sheet data
Cash299.61M
Net receivables104.44M
Total current assets299.61M
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets6.68B
Accounts payable0.00
Short/Current long term debt644.30M
Total current liabilities442.86M
Total liabilities1.38B
Shareholder's equity5.29B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)728.90M
Capital expenditures (TTM)1.20M
Free cash flow (TTM)727.70M
Dividends paid (TTM)129.38M

Financial returns

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Financial returns data
Return on Equity14.41%
Return on Assets11.42%
Return on Invested Capital12.85%
Cash Return on Invested Capital12.25%

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

STOCK INFORMATION

Stock chart

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Stock price data
Open23.17
Daily high23.96
Daily low22.95
Daily Volume2.34M
All-time high77.44
1y analyst estimate26.07
Beta1.27
EPS (TTM)2.92
Dividend per share0.52
Ex-div date18 Feb 2025
Next earnings date29 Apr 2025

Downside potential

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Downside potential data
MTGS&P500
Current price drop from All-time high-69.09%-12.89%
Highest price drop-98.92%-56.47%
Date of highest drop3 Aug 20129 Mar 2009
Avg drop from high-53.15%-11.07%
Avg time to new high39 days12 days
Max time to new high5223 days1805 days

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

COMPANY DETAILS
MTG (MGIC Investment Corp) company logo
Marketcap
6.07B
Marketcap category
Mid-cap
Description
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides pool insurance for secondary market mortgage transactions; and contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
Employees
627
Investor relations
-
SEC filings
CEO
Timothy J. Mattke
Country
USA
City
Milwaukee
Stock type
Common stock
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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MGIC Investment benefits from high home prices and low delinquencies, with strong capital returns to shareholders via buybacks and dividends. See why MTG stock is a Buy.
November 5, 2024

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UNDERSTAND THE BUSINESS
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