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MGIC Investment (MTG)
NYSE:MTG
Holding MTG?
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MTG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$16.30 - $25.93
Previous Close$25.3
Volume1.44M
Average Volume (3M)1.59M
Market Cap
$6.56B
Enterprise Value$7.20B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$643.93M
Price to Earnings (P/E)9.4
Beta0.75
Next Earnings
Oct 30, 2024EPS Estimate
$0.67Last Dividend Ex-Date
Aug 08, 2024Dividend Yield1.86%
Share Statistics
EPS (TTM)2.71
Shares Outstanding259,233,744
10 Day Avg. Volume1,340,128
30 Day Avg. Volume1,594,000
Standard Deviation0.10
R-Squared0.45
Alpha0.00356
Financial Highlights & Ratios
Price to Book (P/B)1.28
Price to Sales (P/S)5.61
Price to Cash Flow (P/CF)9.70
P/FCF Ratio9.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.10
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$25.83Price Target Upside1.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
MGIC Investment News
PremiumPre-Earnings
Is MTG a Buy, Before Earnings?
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
MTG FAQ
What was MGIC Investment’s price range in the past 12 months?
MGIC Investment lowest stock price was $16.30 and its highest was $25.93 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 Oct 30, 2024 which is in 41 days.
How were MGIC Investment’s earnings last quarter?
MGIC Investment released its earnings results on Jul 31, 2024. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.636 by $0.134.
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 $0.13 which represents an annual dividend yield of 1.86%. See more information on MGIC Investment dividends here
What is MGIC Investment’s EPS estimate?
MGIC Investment’s EPS estimate is $0.67.
How many shares outstanding does MGIC Investment have?
MGIC Investment has 259,233,730 shares outstanding.
What happened to MGIC Investment’s price movement after its last earnings report?
MGIC Investment reported an EPS of $0.77 in its last earnings report, beating expectations of $0.636. Following the earnings report the stock price went down -1.336%.
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 36M.
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MGIC Investment Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$25.83 (1.61% Upside)
$25.83 (1.61% Upside)
Blogger Sentiment
Bullish
MTG Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.6%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.90%
12-Months-Change
Fundamentals
Return on Equity
14.97%
Trailing 12-Months
Asset Growth
2.56%
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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MTG Company Deck
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MTG Earnings Call
Q2 2024
0:00 / 0:00
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MTG Stock 12 Month Forecast
Average Price Target
$25.83
▲(1.61% Upside)
Technical Analysis
Best Analysts Covering MTG
1 Year
1 Year Success Rate
19/23 ratings generated profit
1 Year Average Return
+25.70%
assigned a buy rating 2 months ago
Copying Bose George's trades and holding each position for 1 Year would result in 82.61% of your transactions generating a profit, with an average return of +25.70% per trade.
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