MGIC Investment Statistics
Total Valuation
MTG has a market cap or net worth of $5.60 billion. The enterprise value is $5.80 billion.
| Market Cap | 5.60B |
| Enterprise Value | 5.80B |
Important Dates
The last earnings date was Wednesday, May 1, 2024, after market close.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | May 8, 2024 |
Share Statistics
MTG has 266.59 million shares outstanding. The number of shares has decreased by -7.33% in one year.
| Shares Outstanding | 266.59M |
| Shares Change (YoY) | -7.33% |
| Shares Change (QoQ) | -2.06% |
| Owned by Insiders (%) | 1.33% |
| Owned by Institutions (%) | 98.09% |
| Float | 262.40M |
Valuation Ratios
The trailing PE ratio is 8.08 and the forward PE ratio is 8.33. MTG's PEG ratio is 1.54.
| PE Ratio | 8.08 |
| Forward PE | 8.33 |
| PS Ratio | 4.80 |
| Forward PS | 4.51 |
| PB Ratio | 1.10 |
| P/FCF Ratio | 8.09 |
| PEG Ratio | 1.54 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.83, with an EV/FCF ratio of 8.39.
| EV / Earnings | 7.92 |
| EV / Sales | 4.98 |
| EV / EBITDA | 5.83 |
| EV / EBIT | 6.03 |
| EV / FCF | 8.39 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.13 |
| Debt / EBITDA | 0.65 |
| Debt / FCF | 0.93 |
| Interest Coverage | 26.43 |
Financial Efficiency
Return on equity (ROE) is 14.70% and return on invested capital (ROIC) is 13.25%.
| Return on Equity (ROE) | 14.70% |
| Return on Assets (ROA) | 11.40% |
| Return on Capital (ROIC) | 13.25% |
| Revenue Per Employee | $1.86M |
| Profits Per Employee | $1.17M |
| Employee Count | 627 |
| Asset Turnover | 0.18 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, MTG has paid $194.01 million in taxes.
| Income Tax | 194.01M |
| Effective Tax Rate | 20.94% |
Stock Price Statistics
The stock price has increased by +38.89% in the last 52 weeks. The beta is 1.24, so MTG's price volatility has been higher than the market average.
| Beta (1Y) | 1.24 |
| 52-Week Price Change | +38.89% |
| 50-Day Moving Average | 20.75 |
| 200-Day Moving Average | 18.94 |
| Relative Strength Index (RSI) | 55.06 |
| Average Volume (30 Days) | 2,016,000 |
Short Selling Information
The latest short interest is 8.52 million, so 3.19% of the outstanding shares have been sold short.
| Short Interest | 8.52M |
| Short Previous Month | 10.15M |
| Short % of Shares Out | 3.19% |
| Short % of Float | 3.25% |
| Short Ratio (days to cover) | 4.57 |
Income Statement
In the last 12 months, MTG had revenue of $1.17 billion and earned $732.50 million in profits. Earnings per share was $2.60.
| Revenue | 1.17B |
| Gross Profit | 1.19B |
| Operating Income | 962.94M |
| Pretax Income | 926.51M |
| Net Income | 732.50M |
| EBITDA | 994.46M |
| EBIT | 962.94M |
| Earnings Per Share (EPS) | $2.60 |
Balance Sheet
The company has $439.57 million in cash and $643.56 million in debt, giving a net cash position of -$204.00 million or -$0.77 per share.
| Cash & Cash Equivalents | 439.57M |
| Total Debt | 643.56M |
| Net Cash | -204.00M |
| Net Cash Per Share | -$0.77 |
| Equity / Book Value | 5.10B |
| Book Value Per Share | 19.14 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $691.21 million and capital expenditures $700,000, giving a free cash flow of $691.91 million.
| Operating Cash Flow | 691.21M |
| Capital Expenditures | 700,000 |
| Free Cash Flow | 691.91M |
| FCF Per Share | $2.56 |
Margins
Gross margin is 101.95%, with operating and profit margins of 82.62% and 62.85%.
| Gross Margin | 101.95% |
| Operating Margin | 82.62% |
| Pretax Margin | 79.49% |
| Profit Margin | 62.85% |
| EBITDA Margin | 85.32% |
| EBIT Margin | 82.62% |
| FCF Margin | 59.37% |
Dividends & Yields
This stock pays an annual dividend of $0.46, which amounts to a dividend yield of 2.19%.
| Dividend Per Share | $0.46 |
| Dividend Yield | 2.19% |
| Dividend Growth (YoY) | 15.00% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 17.69% |
| Buyback Yield | 7.33% |
| Shareholder Yield | 9.52% |
| Earnings Yield | 13.08% |
| FCF Yield | 12.36% |
Analyst Forecast
The average price target for MTG is $21.33, which is 1.57% higher than the current price. The consensus rating is "Hold".
| Price Target | $21.33 |
| Price Target Difference | 1.57% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 3, 1997. It was a forward split with a ratio of 2:1.
| Last Split Date | Jun 3, 1997 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |