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MTG MGIC Investment Corp
NYSE USD Financial Services
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- Market cap
- 6B
- P/E ratio
- 9.66
- Analyst target
- 31
- Dividend yield
- 1.9%
- Beta
- 0.65
Profile
Company facts
- Exchange
- NYSE
- Currency
- USD
- Sector
- Financial Services
- Industry
- Insurance - Specialty
- ISIN
- US5528481030
- Market cap
- 6B
- P/E ratio
- 9.66
- Analyst target
- 31
- Dividend yield
- 1.9%
- Beta
- 0.65
About
About MGIC Investment Corp
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. It also provides contract underwriting services, as well as reinsurance services. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
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Investor discussion
1 comment
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5 years, 4 months ago
MGIC Investment Corporation is currently in a long term uptrend where the price is trading 4.0% above its 200 day moving average.
From a valuation standpoint, the stock is 54.8% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.1.
MGIC Investment Corporation's total revenue sank by 3.0% to $302M since the same quarter in the previous year.
Its net income has dropped by 14.5% to $151M since the same quarter in the previous year.
Finally, its free cash flow grew by 48.4% to $222M since the same quarter in the previous year.
Based on the above factors, MGIC Investment Corporation gets an overall score of 3/5.