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MGIC Investment Corporation

MTG US

MTG USMGIC Investment Corporation

United States Composite

20.33

USD

-0.20

(-1.00%)

2.48EPS Dil.

8.09P/E

5.54BMarket Cap

2.13%Div. Yield

Next Earnings

May 1

Ex-Dividend Date

February 14

Dividend Date

March 5

Held by Insiders

1.36%

Held by Institutions

98.04%

Short % of Float

3.79%

YTD Yield

40.56%

3Y Yield

34.38%

5Y Yield

40.27%

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

- -

LT Borrowings

664

643

LT Finance Leases

- -

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

283

279

272

Market Capitalization

4,475

4,664

5,256

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

6,006

2,071

6,188

Cash, Cash Equivalents & STI

5,914

1,972

6,087

Accounts Receivable, Net

102

Inventories

- -

Total Current Liabilities

- -

Payables & Accruals

- -

ST Debt

- -

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

1.20%

0.61%

-1.53%

Net Income, GAAP

-18.99%

5.56%

-17.57%

Free Cash Flow

10.71%

6.59%

9.89%

Total Cash Common Dividend

- -

10.81%

Total Equity

24.37%

7.51%

9.24%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

298

296

294

1,186

2022

295

293

292

1,173

2023

284

291

297

284

1,155

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

0.44

0.45

0.47

0.54

1.90

2022

0.55

0.81

0.82

0.65

2.83

2023

0.53

0.67

0.65

0.67

2.51

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.06

0.08

0.28

2022

0.08

0.10

0.36

2023

0.10

0.12

0.43

Company Description

CEO: Mr. Timothy James Mattke
Full Time Employees: 627
Sector: Financial Services
Industry: Insurance - Specialty
Address: MGIC Plaza Milwaukee WI United States 53202
IPO Date: Aug 7, 1991
CIK: 0000876437
Website: mtg.mgic.com
Business: MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary mortgage 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. It also provides pool insurance for secondary market mortgage transactions; and contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

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