MGIC Interest Income from 2010 to 2026

MTG Stock  USD 26.67  0.00  0.00%   
MGIC Investment's Interest Income is decreasing over the last several years with slightly volatile swings. Interest Income is estimated to finish at about 41.8 M this year. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2019-03-31
Previous Quarter
8.9 M
Current Value
8.9 M
Quarterly Volatility
3.5 M
 
Covid
 
Interest Hikes
Check MGIC Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGIC Investment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.1 M, Interest Expense of 49.2 M or Selling General Administrative of 44.4 M, as well as many indicators such as Price To Sales Ratio of 4.19, Dividend Yield of 0.0201 or PTB Ratio of 2.06. MGIC financial statements analysis is a perfect complement when working with MGIC Investment Valuation or Volatility modules.
  
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Check out the analysis of MGIC Investment Correlation against competitors.
The Interest Income trend for MGIC Investment Corp offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether MGIC Investment is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest MGIC Investment's Interest Income Growth Pattern

Below is the plot of the Interest Income of MGIC Investment Corp over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. MGIC Investment's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MGIC Investment's overall financial position and show how it may be relating to other accounts over time.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

MGIC Interest Income Regression Statistics

Arithmetic Mean56,583,222
Geometric Mean55,012,284
Coefficient Of Variation23.08
Mean Deviation10,873,150
Median57,035,000
Standard Deviation13,058,516
Sample Variance170.5T
Range35.8M
R-Value(0.84)
Mean Square Error54T
R-Squared0.70
Significance0.000026
Slope(2,168,757)
Total Sum of Squares2728.4T

MGIC Interest Income History

202641.8 M
202535.6 M
202435.6 M
202336.9 M
202248.1 M
202171.4 M
202059.6 M

Other Fundumenentals of MGIC Investment Corp

MGIC Investment Interest Income component correlations

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0.560.150.94-0.67-0.20.63-0.490.220.14-0.60.670.370.640.980.80.010.790.850.570.730.70.17-0.4
0.190.15-0.09-0.030.010.20.07-0.150.620.370.270.310.10.12-0.110.540.57-0.020.610.4-0.17-0.070.22
0.420.94-0.09-0.73-0.210.52-0.630.310.06-0.80.560.210.530.950.87-0.010.640.880.40.630.840.12-0.43
0.22-0.67-0.03-0.730.410.070.66-0.130.080.6-0.560.37-0.5-0.76-0.54-0.06-0.48-0.6-0.28-0.48-0.47-0.030.28
0.17-0.20.01-0.210.410.190.10.050.230.04-0.260.31-0.25-0.270.080.13-0.060.040.03-0.470.110.14-0.05
0.920.630.20.520.070.19-0.120.440.39-0.330.360.860.350.540.630.090.630.650.50.470.510.16-0.38
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0.120.22-0.150.31-0.130.050.44-0.380.07-0.6-0.030.180.090.260.50.030.380.45-0.070.280.470.33-0.74
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0.260.640.10.53-0.5-0.250.35-0.190.09-0.32-0.160.790.250.640.32-0.430.610.480.530.460.130.11-0.13
0.440.980.120.95-0.76-0.270.54-0.590.260.1-0.640.690.230.640.80.020.760.860.520.710.710.15-0.4
0.450.8-0.110.87-0.540.080.63-0.710.50.23-0.840.410.250.320.80.160.550.920.330.420.850.16-0.54
0.070.010.54-0.01-0.060.130.09-0.230.030.93-0.09-0.19-0.04-0.430.020.160.130.070.150.020.26-0.280.04
0.470.790.570.64-0.48-0.060.63-0.330.380.31-0.350.580.520.610.760.550.130.640.690.750.460.22-0.38
0.460.85-0.020.88-0.60.040.65-0.640.450.15-0.740.640.280.480.860.920.070.640.450.510.770.18-0.48
0.480.570.610.4-0.280.030.5-0.25-0.070.340.010.730.540.530.520.330.150.690.450.670.2-0.210.19
0.40.730.40.63-0.48-0.470.47-0.280.280.15-0.310.560.380.460.710.420.020.750.510.670.360.11-0.27
0.40.7-0.170.84-0.470.110.51-0.690.470.31-0.840.180.20.130.710.850.260.460.770.20.360.1-0.45
0.070.17-0.070.12-0.030.140.160.030.33-0.25-0.12-0.050.060.110.150.16-0.280.220.18-0.210.110.1-0.5
-0.17-0.40.22-0.430.28-0.05-0.380.11-0.740.00.680.12-0.15-0.13-0.4-0.540.04-0.38-0.480.19-0.27-0.45-0.5
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About MGIC Investment Financial Statements

MGIC Investment stakeholders use historical fundamental indicators, such as MGIC Investment's Interest Income, to determine how well the company is positioned to perform in the future. Although MGIC Investment investors may analyze each financial statement separately, they are all interrelated. For example, changes in MGIC Investment's assets and liabilities are reflected in the revenues and expenses on MGIC Investment's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MGIC Investment Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Income35.6 M41.8 M
Net Interest Income-40.9 M-43 M

Currently Active Assets on Macroaxis

When determining whether MGIC Investment Corp is a strong investment it is important to analyze MGIC Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGIC Investment's future performance. For an informed investment choice regarding MGIC Stock, refer to the following important reports:
Check out the analysis of MGIC Investment Correlation against competitors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Can Commercial & Residential Mortgage Finance industry sustain growth momentum? Does MGIC have expansion opportunities? Factors like these will boost the valuation of MGIC Investment. Expected growth trajectory for MGIC significantly influences the price investors are willing to assign. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating MGIC Investment demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
0.042
Dividend Share
0.56
Earnings Share
3.14
Revenue Per Share
5.209
Quarterly Revenue Growth
(0.01)
The market value of MGIC Investment Corp is measured differently than its book value, which is the value of MGIC that is recorded on the company's balance sheet. Investors also form their own opinion of MGIC Investment's value that differs from its market value or its book value, called intrinsic value, which is MGIC Investment's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because MGIC Investment's market value can be influenced by many factors that don't directly affect MGIC Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that MGIC Investment's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether MGIC Investment represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, MGIC Investment's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.