MGIC Investment Shares Owned By Institutions vs. Market Capitalization

MTG Stock  USD 25.46  0.49  1.96%   
Based on MGIC Investment's profitability indicators, MGIC Investment Corp is yielding more profit at the present time then in previous quarter. It has a moderate chance of reporting better profitability numbers in December. Profitability indicators assess MGIC Investment's ability to earn profits and add value for shareholders. At this time, MGIC Investment's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The MGIC Investment's current Operating Cash Flow Sales Ratio is estimated to increase to 0.65, while Price To Sales Ratio is projected to decrease to 4.07. At this time, MGIC Investment's Net Income is most likely to increase significantly in the upcoming years. The MGIC Investment's current Income Tax Expense is estimated to increase to about 198.7 M, while Total Other Income Expense Net is projected to decrease to roughly 1.9 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.920.8043
Fairly Up
Very volatile
For MGIC Investment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MGIC Investment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MGIC Investment Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MGIC Investment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MGIC Investment Corp over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
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.

MGIC Investment Corp Market Capitalization vs. Shares Owned By Institutions Fundamental Analysis

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.
MGIC Investment Corp is regarded fourth in shares owned by institutions category among its peers. It is considered to be number one stock in market capitalization category among its peers creating about  64,847,518  of Market Capitalization per Shares Owned By Institutions. At this time, MGIC Investment's Market Cap is most likely to increase significantly 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 Market Capitalization vs. Shares Owned By Institutions

Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

MGIC Investment

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
97.56 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

MGIC Investment

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
6.33 B
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

MGIC Market Capitalization vs Competition

MGIC Investment Corp is considered to be number one stock in market capitalization category among its peers. Market capitalization of Financials industry is now estimated at about 29.15 Billion. MGIC Investment totals roughly 6.33 Billion in market capitalization claiming about 22% of equities under Financials industry.
Capitalization  Valuation  Revenue  Workforce  Total debt

MGIC Investment Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in MGIC Investment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MGIC Investment will eventually generate negative long term returns. The profitability progress is the general direction of MGIC Investment's change in net profit over the period of time. It can combine multiple indicators of MGIC Investment, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-316.3 M-300.5 M
Operating Income902.2 M947.3 M
Income Before Tax902.2 M947.3 M
Total Other Income Expense NetM1.9 M
Net Income712.9 M748.6 M
Income Tax Expense189.3 M198.7 M
Net Income Applicable To Common Shares995.2 MB
Net Income From Continuing Ops719.9 M433 M
Interest Income43.2 M46.7 M
Net Interest Income-37.4 M-39.3 M
Change To Netincome69.7 M73.2 M
Net Income Per Share 2.51  2.64 
Income Quality 1.00  1.21 
Net Income Per E B T 0.79  0.73 

MGIC Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on MGIC Investment. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MGIC Investment position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MGIC Investment's important profitability drivers and their relationship over time.

Use MGIC Investment in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MGIC Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MGIC Investment will appreciate offsetting losses from the drop in the long position's value.

MGIC Investment Pair Trading

MGIC Investment Corp Pair Trading Analysis

The ability to find closely correlated positions to MGIC Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MGIC Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MGIC Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MGIC Investment Corp to buy it.
The correlation of MGIC Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MGIC Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MGIC Investment Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MGIC Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your MGIC Investment position

In addition to having MGIC Investment in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Real Estate Thematic Idea Now

Real Estate
Real Estate Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Real Estate theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate Theme or any other thematic opportunities.
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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.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
To fully project MGIC Investment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MGIC Investment Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MGIC Investment's income statement, its balance sheet, and the statement of cash flows.
Potential MGIC Investment investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although MGIC Investment investors may work on each financial statement separately, they are all related. The changes in MGIC Investment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MGIC Investment's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.