MGIC Investment Corporation
General ticker "MTG" information:
- Sector: Financials
- Industry: Insurance - Specialty
- Capitalization: $6.4B (TTM average)
MGIC Investment Corporation follows the US Stock Market performance with the rate: 60.4%.
Estimated limits based on current volatility of 1.1%: low 26.51$, high 27.12$
Factors to consider:
- Company pays dividends (quarterly): last record date 2026-02-17, amount 0.15$ (Y2.24%)
- Total employees count: 555 (-11.5%) as of 2024
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Liquidity and credit risks, Geopolitical risks, GSE eligibility requirements, Cybersecurity threats, Operational and conduct risks
- Price in estimated range
- Earnings for 12 months up through Q4 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [20.10$, 26.83$]
- 2025-12-31 to 2026-12-31 estimated range: [21.12$, 28.13$]
Financial Metrics affecting the MTG estimates:
- Positive: with PPE of 8.2 at the end of fiscal year the price was neutral
- Positive: Operating profit margin, % of 80.21 > 18.38
- Positive: 6.64 < Operating cash flow per share per price, % of 11.68
- Positive: 5.46 < Industry operating cash flow per share per price (median), % of 8.85
- Positive: Return on assets ratio (scaled to [-100,100]) of 10.44 > 6.11
- Positive: Shareholder equity ratio, % of 79.00 > 64.29
- Negative: -0.16 < Industry inventory ratio change (median), % of 0
- Negative: 0.01 < Interest expense per share per price, % of 0.57
- Positive: Industry earnings per price (median), % of 7.37 > 4.49
Short-term MTG quotes
Long-term MTG plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $1,172.79MM | $1,155.10MM | $1,207.73MM |
| Operating Expenses | $82.75MM | $252.87MM | $239.02MM |
| Operating Income | $1,090.03MM | $902.23MM | $968.71MM |
| Interest Expense | $48.05MM | $36.91MM | $35.60MM |
| Income(Loss) | $1,090.03MM | $902.23MM | $968.71MM |
| Taxes | $224.69MM | $189.28MM | $205.72MM |
| Profit(Loss)* | $865.35MM | $712.95MM | $762.99MM |
| Stockholders Equity | $4,642.74MM | $5,072.02MM | $5,172.38MM |
| Assets | $6,213.79MM | $6,538.38MM | $6,547.23MM |
| Operating Cash Flow | $650.01MM | $712.96MM | $725.03MM |
| Capital expenditure | $3.25MM | $2.00MM | $1.17MM |
| Investing Cash Flow | $410.49MM | $-179.19MM | $-142.00MM |
| Financing Cash Flow | $-1,032.54MM | $-496.04MM | $-719.04MM |
| Earnings Per Share** | $2.83 | $2.51 | $2.92 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.