MGIC Investment Corporation
General ticker "MTG" information:
- Sector: Financials
- Industry: Insurance - Specialty
- Capitalization: $6.2B (TTM average)
MGIC Investment Corporation follows the US Stock Market performance with the rate: 7.9%.
Estimated limits based on current volatility of 1.2%: low 24.75$, high 25.36$
Factors to consider:
- Company pays dividends (quarterly): last record date 2026-05-06, amount 0.15$ (Y2.41%)
- 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 15 months up through Q1 (+1 year) 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$, 26.85$]
- 2025-12-31 to 2026-12-31 estimated range: [21.11$, 28.14$]
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 > 18.39
- Positive: 6.59 < Operating cash flow per share per price, % of 11.68
- Positive: Return on assets ratio (scaled to [-100,100]) of 10.44 > 6.06
- Negative: Inventory ratio change, % of 1.51 > 0.78
- Negative: Industry operating cash flow per share per price (median), % of 8.85 <= 10.39
- Negative: Investing cash flow per share per price, % of -2.29 <= -0.60
- Positive: Industry inventory ratio change (median), % of -4.36 <= -0.16
- Positive: Shareholder equity ratio, % of 79.00 > 64.29
Short-term MTG quotes
Long-term MTG plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $1,248.37MM | $1,335.16MM | $1,207.73MM |
| Operating Expenses | $143.41MM | $404.65MM | $239.02MM |
| Operating Income | $1,104.96MM | $930.51MM | $968.71MM |
| Non-Operating Income | $-14.93MM | $-28.28MM | $0.00MM |
| Interest Expense | $48.05MM | $36.91MM | $35.60MM |
| Income(Loss) | $1,090.03MM | $902.23MM | $968.71MM |
| Taxes | $224.69MM | $189.28MM | $205.72MM |
| Net Income(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.