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MGIC Investment (MTG)
NYSE:MTG
MGIC Investment (MTG) Stock Price & Analysis
299 Followers
MTG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.61 - $22.43
Previous Close$19.5
Volume1.46M
Average Volume (3M)2.17M
Market Cap
$5.28B
Enterprise Value$5.92B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$643.20M
Price to Earnings (P/E)7.9
Beta0.90
Next Earnings
May 01, 2024EPS Estimate
$0.61Last Dividend Ex-Date
Feb 14, 2024Dividend Yield2.27%
Share Statistics
EPS (TTM)2.49
Shares Outstanding269,669,667
10 Day Avg. Volume2,030,648
30 Day Avg. Volume2,166,033
Standard Deviation0.10
R-Squared0.45
Alpha0.00180
Financial Highlights & Ratios
Price to Book (P/B)1.04
Price to Sales (P/S)18.52
Price to Cash Flow (P/CF)7.10
P/FCF Ratio6.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.13
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$22.25Price Target Upside14.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
MGIC Investment News
Ownership Overview
14.14% Insiders
36.82% Mutual Funds
32.93% Other Institutional Investors
16.12% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
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 $13.61 and its highest was $22.43 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 May 01, 2024 which is in 13 days.
How were MGIC Investment’s earnings last quarter?
MGIC Investment released its earnings results on Jan 31, 2024. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.565 by $0.105.
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 $0.12 which represents an annual dividend yield of 2.27%. See more information on MGIC Investment dividends here
What is MGIC Investment’s EPS estimate?
MGIC Investment’s EPS estimate is $0.61.
How many shares outstanding does MGIC Investment have?
MGIC Investment has 269,669,680 shares outstanding.
What happened to MGIC Investment’s price movement after its last earnings report?
MGIC Investment reported an EPS of $0.67 in its last earnings report, beating expectations of $0.565. Following the earnings report the stock price went up 0.659%.
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:
$22.25 (14.75% Upside)
$22.25 (14.75% Upside)
Blogger Sentiment
Bullish
MTG Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $178.5 over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 11.4%
Last 30 Days ▼ 11.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.40%
12-Months-Change
Fundamentals
Return on Equity
14.68%
Trailing 12-Months
Asset Growth
5.18%
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
Q4 2024
0:00 / 0:00
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MTG Stock 12 Months Forecast
Average Price Target
$22.25
▲(14.75% Upside)
Technical Analysis
Best Analysts Covering MTG
1 Year
1 Year Success Rate
6/7 ratings generated profit
1 Year Average Return
+16.16%
reiterated a buy rating 3 months ago
Copying Eric Hagen's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +16.16% per trade.
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