Kenneth Jastrow - MGIC Investment Lead Independent Director

MTG Stock  USD 24.69  0.16  0.65%   

Director

Mr. Kenneth M. Jastrow, II., is Lead Independent Director of the Company. Kenneth M. Jastrow, II has served as our Lead Director since October 2009. He is a corporate director and private investor. During 20072015, he served as a nonexecutive Chairman of the Board of Forestar Group Inc., which engaged in various real estate and natural resource businesses. During 20002007, Mr. Jastrow served as Chairman and Chief Executive Officer of TempleInland Inc., a paper and forest products company, which during Mr. Jastrows tenure also had interests in real estate and financial services. Mr. Jastrow is also a director of KB Home and Genesis Energy, LLC, the general partner of Genesis Energy, LP, a publiclytraded master limited partnership since 2009.
Age 72
Tenure 16 years
Address MGIC Plaza, Milwaukee, WI, United States, 53202
Phone414 347 6480
Webhttps://mtg.mgic.com
Jastrow brings to the Board senior executive and leadership experience gained through his service as chairman and chief executive officer at a public company with diversified business operations in sectors relevant to our operations; experience in the real estate, mortgage banking and financial services industries; and knowledge of corporate governance matters gained through his service as a nonexecutive chairman and on public company boards.

Kenneth Jastrow Latest Insider Activity

Tracking and analyzing the buying and selling activities of Kenneth Jastrow against MGIC Investment stock is an integral part of due diligence when investing in MGIC Investment. Kenneth Jastrow insider activity provides valuable insight into whether MGIC Investment is net buyers or sellers over its current business cycle. Note, MGIC Investment insiders must abide by specific rules, including filing SEC forms every time they buy or sell MGIC Investment'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

MGIC Investment Management Efficiency

The company has Return on Asset of 0.0959 % which means that on every $100 spent on assets, it made $0.0959 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.149 %, implying that it generated $0.149 on every 100 dollars invested. MGIC Investment's management efficiency ratios could be used to measure how well MGIC Investment manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MGIC Investment's Return On Capital Employed is most likely to increase slightly in the upcoming years. The MGIC Investment's current Return On Equity is estimated to increase to 0.17, while Return On Tangible Assets are projected to decrease to 0.1. At this time, MGIC Investment's Asset Turnover is most likely to slightly decrease in the upcoming years.
MGIC Investment Corp has 643.2 M in debt with debt to equity (D/E) ratio of 0.2, which may show that the company is not taking advantage of profits from borrowing. MGIC Investment Corp has a current ratio of 2.63, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for MGIC to invest in growth at high rates of return.

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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. MGIC Investment Corp (MTG) is traded on New York Stock Exchange in USA. It is located in MGIC Plaza, Milwaukee, WI, United States, 53202 and employs 31 people. MGIC Investment is listed under Commercial & Residential Mortgage Finance category by Fama And French industry classification.

Management Performance

MGIC Investment Corp Leadership Team

Elected by the shareholders, the MGIC Investment's board of directors comprises two types of representatives: MGIC Investment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MGIC. The board's role is to monitor MGIC Investment's management team and ensure that shareholders' interests are well served. MGIC Investment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MGIC Investment's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jodee Kozlak, Independent Director
Sheryl Sculley, Independent Director
James Hughes, Executive Vice President – Sales and Business Development of MGIC
Timothy Mattke, Chief Executive Officer, Director
Chuck Chaplin, Independent Director
C Chaplin, Independent Director
Michael Jacobson, Senior Strategy
Salvatore Miosi, Executive Vice President – Business Strategy and Operations
Robert Candelmo, Senior Vice President, Chief Information Officer
Dianna Higgins, Senior Relations
Timothy Holt, Independent Director
Nathaniel Colson, Executive Vice President, Chief Financial Officer
Mark Zandi, Independent Director
Julie Sperber, Controller VP
Nathaniel CPA, CFO VP
Kenneth Jastrow, Lead Independent Director
Michael Lehman, Lead Independent Director
Analisa Allen, Independent Director
Daniel Arrigoni, Independent Director
Jodeen Kozlak, Independent Director
Jay Hartzell, Independent Director
Paula Maggio, Executive Vice President General Counsel, Secretary
Danny GarciaVelez, Senior Development
Steven Thompson, Executive Vice President Chief Risk Officer
Melissa Lora, Independent Director
Timothy CPA, CEO Director
Annette Adams, Senior MGIC
Nathan Abramowski, VP Treasurer
Shreyans Jain, Senior Analytics
Curt Culver, Chairman, CEO, Chairman of Executive Committee, Chairman of Mortgage Guaranty Insurance Corporate and CEO of Mortgage Guaranty Insurance Corporate
Gary Poliner, Independent Director

MGIC Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MGIC Investment a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGIC Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGIC Investment. If investors know MGIC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGIC Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.089
Dividend Share
0.49
Earnings Share
2.89
Revenue Per Share
4.615
Quarterly Revenue Growth
0.062
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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.
Please note, there is a significant difference between MGIC Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGIC Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGIC Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.