Mgic Investment Corp Stock Performance
| MTG Stock | USD 25.50 0.53 2.12% |
MGIC Investment has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.97, which conveys possible diversification benefits within a given portfolio. MGIC Investment returns are very sensitive to returns on the market. As the market goes up or down, MGIC Investment is expected to follow. MGIC Investment Corp now secures a risk of 1.48%. Please verify MGIC Investment Corp downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if MGIC Investment Corp will be following its current price movements.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in MGIC Investment Corp are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, MGIC Investment is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Actual Historical Performance (%)
One Day Return 3.67 | Five Day Return 7.9 | Year To Date Return 36.76 | Ten Year Return 185.78 | All Time Return 272.85 |
Forward Dividend Yield 0.0204 | Payout Ratio 0.1713 | Last Split Factor 2:1 | Forward Dividend Rate 0.52 | Dividend Date 2024-11-21 |
1 | Acquisition by Timothy Holt of 493 shares of MGIC Investment subject to Rule 16b-3 | 09/06/2024 |
2 | First American Shares More Profits, Increases Dividend by 2 | 09/11/2024 |
3 | Marsh McLennan to Acquire McGriff, Boosts U.S. Market Presence | 09/30/2024 |
4 | Disposition of 146647 shares by Salvatore Miosi of MGIC Investment at 19.75 subject to Rule 16b-3 | 10/28/2024 |
5 | MGIC Investment Corp Q3 2024 Earnings EPS of 0.77 Beats Estimates, Revenue Hits 306.65 Million | 11/04/2024 |
6 | MGIC Investment Posts Earnings Results, Beats Expectations By 0.10 EPS | 11/05/2024 |
7 | MGIC Investment Third Quarter 2024 Earnings EPS Beats Expectations | 11/06/2024 |
8 | MGIC Investment Corporation Q3 2024 Earnings Call Transcript | 11/07/2024 |
9 | Victory Capital Management Inc. Sells 8,212 Shares of MGIC Investment Co. | 11/14/2024 |
10 | Acquisition by Curt Culver of tradable shares of MGIC Investment subject to Rule 16b-3 | 11/15/2024 |
11 | EagleClaw Capital Managment LLC Sells 1,050 Shares of MGIC Investment Co. | 11/20/2024 |
| MGIC Investment dividend paid on 21st of November 2024 | 11/21/2024 |
| Begin Period Cash Flow | 332.9 M |
MGIC |
MGIC Investment Relative Risk vs. Return Landscape
If you would invest 2,484 in MGIC Investment Corp on August 27, 2024 and sell it today you would earn a total of 66.00 from holding MGIC Investment Corp or generate 2.66% return on investment over 90 days. MGIC Investment Corp is generating 0.0519% of daily returns assuming volatility of 1.4795% on return distribution over 90 days investment horizon. In other words, 13% of stocks are less volatile than MGIC, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
MGIC Investment Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MGIC Investment's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MGIC Investment Corp, and traders can use it to determine the average amount a MGIC Investment's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.035
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Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average MGIC Investment is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MGIC Investment by adding it to a well-diversified portfolio.
MGIC Investment Fundamentals Growth
MGIC Stock prices reflect investors' perceptions of the future prospects and financial health of MGIC Investment, and MGIC Investment fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MGIC Stock performance.
| 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 | ||||
| Price To Earning | 10.50 X | ||||
| Price To Book | 1.22 X | ||||
| Price To Sales | 5.43 X | ||||
| Revenue | 1.16 B | ||||
| Gross Profit | 1.2 B | ||||
| EBITDA | 902.23 M | ||||
| Net Income | 712.95 M | ||||
| Cash And Equivalents | 327.38 M | ||||
| Cash Per Share | 1.35 X | ||||
| Total Debt | 643.2 M | ||||
| Debt To Equity | 0.20 % | ||||
| Current Ratio | 2.68 X | ||||
| Book Value Per Share | 20.66 X | ||||
| Cash Flow From Operations | 712.96 M | ||||
| Earnings Per Share | 2.83 X | ||||
| Market Capitalization | 6.46 B | ||||
| Total Asset | 6.47 B | ||||
| Retained Earnings | 4.59 B | ||||
About MGIC Investment Performance
By analyzing MGIC Investment's fundamental ratios, stakeholders can gain valuable insights into MGIC Investment's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MGIC Investment has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if MGIC Investment has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -1.8 K | -1.7 K | |
| Return On Tangible Assets | 0.12 | 0.10 | |
| Return On Capital Employed | 0.20 | 0.21 | |
| Return On Assets | 0.12 | 0.07 | |
| Return On Equity | 0.14 | 0.15 |
Things to note about MGIC Investment Corp performance evaluation
Checking the ongoing alerts about MGIC Investment for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MGIC Investment Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 98.0% of the company shares are owned by institutional investors | |
| On 21st of November 2024 MGIC Investment paid $ 0.13 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: EagleClaw Capital Managment LLC Sells 1,050 Shares of MGIC Investment Co. |
- Analyzing MGIC Investment's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MGIC Investment's stock is overvalued or undervalued compared to its peers.
- Examining MGIC Investment's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MGIC Investment's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MGIC Investment's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MGIC Investment's stock. These opinions can provide insight into MGIC Investment's potential for growth and whether the stock is currently undervalued or overvalued.
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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