Robert Candelmo - MGIC Investment Senior Vice President, Chief Information Officer
MTG Stock | USD 26.33 0.83 3.25% |
President
Mr. Robert J. Candelmo is Senior Vice President, Chief Information Officer of the Company. Prior to joining MGIC, Mr. Candelmo had been Senior Vice President of Enterprise Information Services with SunTrust Bank since 2008. Prior to joining SunTrust, Mr. Candelmo had held various other leadership roles within the information technology discipline. since 2019.
Age | 60 |
Tenure | 5 years |
Address | MGIC Plaza, Milwaukee, WI, United States, 53202 |
Phone | 414 347 6480 |
Web | https://mtg.mgic.com |
Robert Candelmo Latest Insider Activity
Tracking and analyzing the buying and selling activities of Robert Candelmo against MGIC Investment stock is an integral part of due diligence when investing in MGIC Investment. Robert Candelmo 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.
Robert Candelmo over six months ago Acquisition by Robert Candelmo of 23396 shares of MGIC Investment subject to Rule 16b-3 |
MGIC Investment Management Efficiency
The company has Return on Asset of 0.096 % which means that on every $100 spent on assets, it made $0.096 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1503 %, implying that it generated $0.1503 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 0.15, 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.Similar Executives
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Management Performance
Return On Equity | 0.15 | ||||
Return On Asset | 0.096 |
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.
Return On Equity | 0.15 | ||||
Return On Asset | 0.096 | ||||
Profit Margin | 0.64 % | ||||
Operating Margin | 0.86 % | ||||
Current Valuation | 6.82 B | ||||
Shares Outstanding | 253.36 M | ||||
Shares Owned By Insiders | 1.40 % | ||||
Shares Owned By Institutions | 97.67 % | ||||
Number Of Shares Shorted | 8.73 M | ||||
Price To Earning | 10.50 X |
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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 0.201 | Dividend Share 0.475 | Earnings Share 2.83 | Revenue Per Share 4.449 | Quarterly Revenue Growth 0.034 |
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.