MGIC Investment Financials
| MTG Stock | USD 24.46 0.12 0.49% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Debt Equity Ratio | 0.11 | 0.1268 |
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| Current Ratio | 0.7 | 1.29 |
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The financial analysis of MGIC Investment is a critical element in measuring its lifeblood. Investors should not minimize MGIC Investment's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
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MGIC | Select Account or Indicator |
MGIC Investment Stock Summary
MGIC Investment competes with MBIA, NMI Holdings, Essent, Assured Guaranty, and Employers Holdings. MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin. Mgic Investment operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 711 people.Specialization | Financial Services, Insurance - Specialty |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US5528481030 |
| CUSIP | 552848103 |
| Location | Wisconsin; U.S.A |
| Business Address | MGIC Plaza, Milwaukee, |
| Sector | Financial Services |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | mtg.mgic.com |
| Phone | 414 347 6480 |
| Currency | USD - US Dollar |
MGIC Investment Key Financial Ratios
| Return On Equity | 0.15 | ||||
| Profit Margin | 0.64 % | ||||
| Operating Margin | 0.86 % | ||||
| Price To Sales | 5.21 X | ||||
| Revenue | 1.16 B |
MGIC Investment Key Balance Sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 7.4B | 7.3B | 6.2B | 6.5B | 7.5B | 5.7B | |
| Net Debt | 955.2M | 862.0M | 335.4M | 279.5M | 321.5M | 441.7M | |
| Retained Earnings | 2.6B | 3.3B | 4.0B | 4.6B | 5.3B | 5.5B | |
| Other Assets | 244.6M | 324.2M | 508.3M | 1.2B | 1.4B | 1.2B | |
| Total Liab | 1.2B | 1.1B | 1.6B | 1.5B | 1.7B | 2.9B | |
| Other Current Liab | 784.8M | 817.3M | (168.0M) | 472.1M | 542.9M | 515.7M | |
| Cash | 288.0M | 284.7M | 327.4M | 363.7M | 418.2M | 345.4M | |
| Net Receivables | 95.0M | 66.9M | 864K | 2.9M | 2.6M | 2.4M | |
| Total Current Assets | 383.0M | 351.6M | 240.3M | 211.5M | 243.2M | 231.0M | |
| Other Liab | 496.8M | 985.8M | 1.1B | 710.4M | 817.0M | 973.5M | |
| Long Term Debt | 879.4M | 1.1B | 641.7M | 643.2M | 739.7M | 755.3M | |
| Treasury Stock | (283.2M) | (393.3M) | (675.3M) | (1.1B) | (1.2B) | (1.3B) | |
| Net Tangible Assets | 4.3B | 4.7B | 4.9B | 4.6B | 5.3B | 3.0B | |
| Good Will | (204.4M) | 5.6B | 6.5B | 6.4B | 7.3B | 7.7B | |
| Long Term Debt Total | 420.9M | 879.4M | 1.1B | 641.7M | 738.0M | 765.2M | |
| Capital Surpluse | 1.9B | 1.9B | 1.8B | 1.8B | 2.1B | 1.8B | |
| Inventory | (796.0M) | (755.0M) | (1.0B) | (6.2B) | (5.6B) | (5.3B) | |
| Other Current Assets | 796.0M | 755.0M | 891.3M | 370.6M | 333.6M | 316.9M |
MGIC Investment Key Income Statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 59.6M | 71.4M | 48.1M | 36.9M | 42.4M | 49.5M | |
| Total Revenue | 1.2B | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B | |
| Gross Profit | 1.0B | 987.2M | 936.1M | 1.2B | 1.3B | 1.2B | |
| Operating Income | 550.2M | 793.5M | 1.1B | 902.2M | 1.0B | 1.1B | |
| Ebit | 618.9M | 873.1M | 1.1B | 902.2M | 1.0B | 1.1B | |
| Ebitda | 676.7M | 939.2M | 1.2B | 902.2M | 1.0B | 1.1B | |
| Income Before Tax | 559.3M | 801.8M | 1.1B | 902.2M | 1.0B | 1.1B | |
| Net Income | 446.1M | 635.0M | 865.3M | 712.9M | 819.9M | 860.9M | |
| Income Tax Expense | 113.2M | 166.8M | 224.7M | 189.3M | 170.4M | 178.9M | |
| Cost Of Revenue | 176.4M | 198.4M | 236.7M | 226.0M | 203.4M | 193.2M | |
| Tax Provision | 113.2M | 166.8M | 224.7M | 192.9M | 221.9M | 117.6M | |
| Interest Income | 52.7M | 59.6M | 71.4M | 48.1M | 43.2M | 46.7M | |
| Net Interest Income | (59.6M) | (71.4M) | (48.1M) | (37.4M) | (43.0M) | (45.1M) |
MGIC Investment Key Cash Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 127.6M | 8.3M | 28.0M | 37.7M | 34.0M | 35.7M | |
| Free Cash Flow | 729.0M | 692.2M | 646.8M | 711.0M | 639.9M | 671.9M | |
| Depreciation | 57.8M | 66.0M | 54.3M | 35.2M | 40.5M | 42.6M | |
| Other Non Cash Items | 26.7M | 36.9M | 47.7M | 14.1M | 16.3M | 17.1M | |
| Dividends Paid | 82.1M | 94.2M | 110.9M | 123.0M | 141.4M | 148.5M | |
| Capital Expenditures | 3.3M | 4.1M | 3.3M | 2.0M | 2.3M | 2.3M | |
| Net Income | 446.1M | 635.0M | 865.3M | 712.9M | 819.9M | 860.9M | |
| End Period Cash Flow | 296.7M | 305.0M | 332.9M | 370.6M | 426.2M | 359.2M | |
| Investments | (769.2M) | (1.1B) | (274.7M) | (211.2M) | (190.1M) | (180.6M) | |
| Change Receivables | 15.9M | (68.7M) | (29.1M) | 56.8M | 51.2M | 53.7M | |
| Change To Netincome | 5.8M | 40.5M | 35.5M | 60.6M | 69.7M | 73.2M |
MGIC Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MGIC Investment's current stock value. Our valuation model uses many indicators to compare MGIC Investment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MGIC Investment competition to find correlations between indicators driving MGIC Investment's intrinsic value. More Info.MGIC Investment Corp is regarded third in return on equity category among its peers. It is regarded second in return on asset category among its peers reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MGIC Investment Corp is roughly 1.57 . At this time, MGIC Investment's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value MGIC Investment by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.MGIC Investment Corp Systematic Risk
MGIC Investment's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MGIC Investment volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on MGIC Investment Corp correlated with the market. If Beta is less than 0 MGIC Investment generally moves in the opposite direction as compared to the market. If MGIC Investment Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MGIC Investment Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MGIC Investment is generally in the same direction as the market. If Beta > 1 MGIC Investment moves generally in the same direction as, but more than the movement of the benchmark.
MGIC Investment Thematic Clasifications
MGIC Investment Corp is part of several thematic ideas from Insurance Providers to Diversified Assets. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasToday, most investors in MGIC Investment Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MGIC Investment's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MGIC Investment growth as a starting point in their analysis.
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MGIC Investment January 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MGIC Investment help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MGIC Investment Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of MGIC Investment Corp based on widely used predictive technical indicators. In general, we focus on analyzing MGIC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MGIC Investment's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 7.79 | |||
| Value At Risk | (3.13) | |||
| Potential Upside | 2.12 |
Complementary Tools for MGIC Stock analysis
When running MGIC Investment's price analysis, check to measure MGIC Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MGIC Investment is operating at the current time. Most of MGIC Investment's value examination focuses on studying past and present price action to predict the probability of MGIC Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGIC Investment's price. Additionally, you may evaluate how the addition of MGIC Investment to your portfolios can decrease your overall portfolio volatility.
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