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MGIC Investment (MTG)
NYSE:MTG
MGIC Investment (MTG) Stock Price & Analysis
285 Followers
MTG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.06 - $15.63
Previous Close$15.56
Volume1.72M
Average Volume (3M)2.84M
Market Cap
$4.46B
Enterprise Value$5.12B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$663.18M
Price to Earnings (P/E)5.6
Beta0.88
Next Earnings
Aug 02, 2023EPS Estimate
$0.53Last Dividend Ex-Date
May 10, 2023Dividend Yield
0.4 (2.57%)Share Statistics
EPS (TTM)2.77
Shares Outstanding286,617,757
10 Day Avg. Volume2,025,318
30 Day Avg. Volume2,840,151
Standard Deviation0.10
R-Squared0.49
Alpha0.00219
Financial Highlights & Ratios
Price to Book (P/B)0.90
Price to Sales (P/S)15.71
Price to Cash Flow (P/CF)5.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.41
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda24.89
Forecast
1Y Price Target
$16.50Price Target Upside6.04% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
MGIC Investment News
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Insights
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MTG FAQ
What was MGIC Investment’s price range in the past 12 months?
MGIC Investment lowest stock price was $11.06 and its highest was $15.63 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 Aug 02, 2023 which is in 59 days.
How were MGIC Investment’s earnings last quarter?
MGIC Investment released its earnings results on May 03, 2023. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.504 by $0.036.
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 $0.1 which represents an annual dividend yield of 2.63%. See more information on MGIC Investment dividends here
What is MGIC Investment’s EPS estimate?
MGIC Investment’s EPS estimate is $0.53.
How many shares outstanding does MGIC Investment have?
MGIC Investment has 286,617,770 shares outstanding.
What happened to MGIC Investment’s price movement after its last earnings report?
MGIC Investment reported an EPS of $0.54 in its last earnings report, beating expectations of $0.504. Following the earnings report the stock price went down -1.314%.
Which hedge fund is a major shareholder of MGIC Investment?
Among the largest hedge funds holding MGIC Investment’s share is Goldentree Asset Management Lp. It holds MGIC Investment’s shares valued at 51M.
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MGIC Investment Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$16.50 (6.04% Upside)
$16.50 (6.04% Upside)
Blogger Sentiment
Bullish
MTG Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 3.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.81%
12-Months-Change
Fundamentals
Return on Equity
18.00%
Trailing 12-Months
Asset Growth
-6.79%
Trailing 12-Months
Learn more about TipRanks Smart Score
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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Top 5 ETFs holding MTG
iShares Core S&P Total U.S. Stock Market ETF
$4.57M
iShares Russell 1000 ETF
$3.28M
Vident Core US Equity Fund
$2.66M
Schwab U.S. Broad Market ETF
$2.31M
Up to five ETFs with an Outperform Smart Score that hold MTG. The ETFs are listed according to market value of MTG within the ETF
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