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MGIC Investment Corporation

MTG US

MTG USMGIC Investment Corporation

United States Composite

17.73

USD

+0.14

(+0.80%)

2.46EPS Dil.

7.11P/E

4.96BMarket Cap

2.36%Div. Yield

Next Earnings

October 31

Ex-Dividend Date

August 9

Dividend Date

August 24

Held by Insiders

1.04%

Held by Institutions

98.18%

Short % of Float

2.90%

YTD Yield

32.09%

3Y Yield

41.67%

Capital Structure

FRC

•

in mil. unless spec.

Mar'23

Jun'23

Sep'23

ST Debt

- -

LT Borrowings

663

664

643

LT Finance Leases

- -

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

288

283

279

Market Capitalization

3,870

4,475

4,664

Working Capital

FRC

•

in mil. unless spec.

Mar'23

Jun'23

Sep'23

Total Current Assets

6,013

6,006

2,071

Cash, Cash Equivalents & STI

5,922

5,914

1,972

Accounts Receivable, Net

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

-1.10%

2.01%

-1.10%

Net Income, GAAP

-7.77%

26.71%

36.22%

Free Cash Flow

14.78%

11.73%

-6.50%

Total Cash Common Dividend

- -

18.09%

Total Equity

51.26%

8.37%

-4.48%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

298

296

294

1,186

2022

295

293

292

1,173

2023

284

291

297

- -

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

- -

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

- -

Company Description

CEO: Mr. Timothy James Mattke
Full Time Employees: 683
Sector: Financial Services
Industry: Insurance—Specialty
Address: MGIC Plaza Milwaukee WI United States 53202
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.

Company News

Dow Jones Newswires
a month ago
MGIC Invest 3Q EPS 64c >MTG
Dow Jones Newswires
4 months ago
MGIC Investment Raises Dividend 15%, to 11.5 Cents a Share
Dow Jones Newswires
4 months ago
MGIC Investment Corporation Announces An Increase To Quarterly Dividend >MTG
Dow Jones Newswires
7 months ago
MGIC Investment Announces Additional $500 Million Share Repurchase Program And Quarterly Dividend Of $0.10 Per Share >MTG
Barron's
2 years ago
The Housing Market Is Still Hot. That’s Good News for These Three Mortgage Insurers.

Company Description

CEO: Mr. Timothy James Mattke
Full Time Employees: 683
Sector: Financial Services
Industry: Insurance—Specialty
Address: MGIC Plaza Milwaukee WI United States 53202
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.

Company News

Dow Jones Newswires
a month ago
MGIC Invest 3Q EPS 64c >MTG
Dow Jones Newswires
4 months ago
MGIC Investment Raises Dividend 15%, to 11.5 Cents a Share
Dow Jones Newswires
4 months ago
MGIC Investment Corporation Announces An Increase To Quarterly Dividend >MTG
Dow Jones Newswires
7 months ago
MGIC Investment Announces Additional $500 Million Share Repurchase Program And Quarterly Dividend Of $0.10 Per Share >MTG
Barron's
2 years ago
The Housing Market Is Still Hot. That’s Good News for These Three Mortgage Insurers.