MGIC Investment Corp (MTG) Company Profile & Statistics

MGIC Investment Corp
MTG
(NYSE)
Closed
24.46
-0.10 (-0.41%)
in:usd•As of: Nov 08, 2024 15:59 UTC -5
Open
24.43
High
24.61
Low
24.27

About MGIC Investment Corp

CEO

Timothy J. Mattke

Headquarters

250 east kilbourn avenue

milwaukee, wi 53202, united states

Auditor

PricewaterhouseCoopers LLP

Employees

627

Share Holders

177

Website

mtg.mgic.com

Industry

property or casualty insurance

Sector

finance

Company Overview

MGIC Investment Corp. is the parent company of Mortgage Guaranty Insurance Corporation, a private mortgage insurer. It established the private mortgage insurance industry to provide a private market alternative to federal government insurance programs for families wanting to buy a home. With a focus on sustainable home ownership, MGIC Investment provides a critical component of the country's residential mortgage finance system by protecting mortgage investors from credit losses. MGIC Investment Corporation primarily covers single-family, first-time mortgage loans by providing primary insurance to cushion lenders against non-payment of individual loans and expands home ownership opportunities by enabling people to purchase homes with smaller down payments. Through its wholly-owned subsidiaries, the company provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The company offers mortgage insurance via Primary Insurance and Other Insurance.

MGIC Investment Corp Statistics

Valuation Measures

Market Capitalization ²	6.20B
Enterprise Value	6.55B
Enterprise Value/EBITDA (ttm)	6.51
Price to Earnings Ratio (ttm)	8.68
Price to Book (mrq)	1.22
Price to Sales (ttm)	5.28
Price to Cash (ytd)	9.06

Profitability

Gross Margin (ttm)	0.00%
Operating Margin (ttm)	64.82%
Profit Margin (ttm)	64.06%
Return on Equity (ttm)	14.99%
Return on Invested Capital (ttm)	13.17%
Return on Assets (ttm)	11.75%

Income Statement

Revenue (ttm)	1.18B
Revenue Per Share (ttm)	4.55
Gross Profit (ttm)	0.00
EBITDA (ttm)³	1.01B
Net Income Avi to Common (ttm)	745.67M
Diluted EPS (ttm)	2.84

Share Statistics

Beta (5Y Monthly)	1.28
52-Week Change	43.83%
S&P500 52-Week Change	36.80%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	259.23M
Dividend Yield	2.10%
Float ⁴	250.71M
% Held by Insiders	1.05%
% Held by Institutions	95.58%

Balance Sheet

Total Cash (mrq)	0.00
Total Cash Per Share (mrq)	0.00
Total Debt (mrq)	643.93M
Total Debt/Equity (mrq)	12.17%
Current Ratio (mrq)	N/A
Quick Ratio (mrq)	1.11%
Book Value Per Share (mrq)	20.66

Cash Flow

Operating Cash Flow Per Share (ytd)	2.08
Free Cash Flow (ytd)	541.99M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

MGIC Investment Corp

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