MGIC Net Income from 2010 to 2026

MTG Stock  USD 26.53  0.28  1.04%   
MGIC Investment's Net Income is increasing over the last several years with slightly volatile swings. Net Income is estimated to finish at about 775.3 M this year. During the period from 2010 to 2026 MGIC Investment Corp Net Income regressed destribution of quarterly values had mean deviationof  391,271,941 and mean square error of 149940.3 T. View All Fundamentals
 
Net Income  
First Reported
1991-09-30
Previous Quarter
191.1 M
Current Value
169.3 M
Quarterly Volatility
197.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
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 Net 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 Net Income Growth Pattern

Below is the plot of the Net Income of MGIC Investment Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in MGIC Investment Corp financial statement analysis. It represents the amount of money remaining after all of MGIC Investment Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is MGIC Investment's Net 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.
ViewLast Reported 738.35 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

MGIC Net Income Regression Statistics

Arithmetic Mean412,602,785
Coefficient Of Variation126.82
Mean Deviation391,271,941
Median634,983,000
Standard Deviation523,282,278
Sample Variance273824.3T
Range2.1B
R-Value0.70
Mean Square Error149940.3T
R-Squared0.49
Significance0
Slope72,289,004
Total Sum of Squares4381189.5T

MGIC Net Income History

2026775.3 M
2025738.3 M
2024763 M
2023712.9 M
2022865.3 M
2021635 M
2020446.1 M

Other Fundumenentals of MGIC Investment Corp

MGIC Investment Net Income component correlations

About MGIC Investment Financial Statements

MGIC Investment stakeholders use historical fundamental indicators, such as MGIC Investment's Net 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
Net Income738.3 M775.3 M
Net Income Applicable To Common Shares738.3 M471.1 M
Net Income From Continuing Ops877.4 M460.1 M
Net Income Per Share 3.27  3.43 
Net Income Per E B T 0.80  0.67 

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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.