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MGIC Investment (DE:MGC)
FRANKFURT:MGC
MGIC Investment (MGC) Stock Price & Analysis
1 Followers
MGC Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€13.47 - €20.29
Previous Close€19.4
Volume0.00
Average Volume (3M)N/A
Market Cap
€5.19B
Enterprise Value€5.78B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$643.20M
Price to Earnings (P/E)N/A
Beta0.59
Next Earnings
Jul 31, 2024EPS Estimate
€0.58Last Dividend Ex-Date
May 08, 2024Dividend Yield2.1%
Share Statistics
EPS (TTM)N/A
Shares Outstanding266,587,218
10 Day Avg. Volume0
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.11
Price to Sales (P/S)18.12
Price to Cash Flow (P/CF)7.60
P/FCF Ratio7.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.00
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€21.30Price Target Upside9.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
MGIC Investment News
Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
17.72% Other Institutional Investors
82.28% Public Companies and
Individual Investors
MGC FAQ
What was MGIC Investment’s price range in the past 12 months?
MGIC Investment lowest stock price was €13.46 and its highest was €20.29 in the past 12 months.
What is MGIC Investment’s market cap?
Currently, no data Available
When is MGIC Investment’s upcoming earnings report date?
MGIC Investment’s upcoming earnings report date is Jul 31, 2024 which is in 74 days.
How were MGIC Investment’s earnings last quarter?
MGIC Investment released its earnings results on May 01, 2024. The company reported €0.601 earnings per share for the quarter, beating the consensus estimate of €0.559 by €0.042.
Is MGIC Investment overvalued?
According to Wall Street analysts MGIC Investment’s price is currently Undervalued.
Does MGIC Investment pay dividends?
MGIC Investment pays a Quarterly dividend of €0.11 which represents an annual dividend yield of 2.1%. See more information on MGIC Investment dividends here
What is MGIC Investment’s EPS estimate?
MGIC Investment’s EPS estimate is €0.58.
How many shares outstanding does MGIC Investment have?
Currently, no data Available
What happened to MGIC Investment’s price movement after its last earnings report?
MGIC Investment reported an EPS of €0.601 in its last earnings report, beating expectations of €0.559. Following the earnings report the stock price went down -1.61%.
Which hedge fund is a major shareholder of MGIC Investment?
Among the largest hedge funds holding MGIC Investment’s share is Donald Smith & Co. Inc. It holds MGIC Investment’s shares valued at 66M.
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MGIC Investment Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€21.30 (9.79% Upside)
€21.30 (9.79% Upside)
Blogger Sentiment
Bullish
DE:MGC Sentiment 75%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth $178.5 over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
43.33%
12-Months-Change
Fundamentals
Return on Equity
14.83%
Trailing 12-Months
Asset Growth
2.79%
Trailing 12-Months
Company Description
MGIC Investment
MGIC Investment Corp. is a private mortgage insurer that serves lenders throughout the United States, and Puerto Rico. It also provides lenders with underwriting and other services and products related to home mortgage lending through its subsidiaries, such as Mortgage Guaranty Insurance Corp. and MGIC Indemnity Corp. The company was founded by Max Karl in 1957 and is headquartered in Milwaukee, WI.
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MGC Company Deck
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MGC Earnings Call
Q1 2024
0:00 / 0:00
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MGC Stock 12 Month Forecast
Average Price Target
€21.30
▲(9.79% Upside)
Technical Analysis
Best Analysts Covering MGC
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+26.20%
reiterated a buy rating 4 months ago
Copying Eric Hagen's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +26.20% per trade.
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