MGIC Investment Corporation (MTG)
MGIC Investment Statistics
Share Statistics
MGIC Investment has 242.53M shares outstanding. The number of shares has increased by -9.03% in one year.
| Shares Outstanding | 242.53M |
| Shares Change (YoY) | -9.03% |
| Shares Change (QoQ) | -4.28% |
| Owned by Institutions (%) | 93.41% |
| Shares Floating | 237.85M |
| Failed to Deliver (FTD) Shares | 2 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 8.72M, so 3.59% of the outstanding shares have been sold short.
| Short Interest | 8.72M |
| Short % of Shares Out | 3.59% |
| Short % of Float | 5.01% |
| Short Ratio (days to cover) | 3.63 |
Valuation Ratios
The PE ratio is 8.13 and the forward PE ratio is 8.16. MGIC Investment's PEG ratio is 0.51.
| PE Ratio | 8.13 |
| Forward PE | 8.16 |
| PS Ratio | 5.14 |
| Forward PS | 4.6 |
| PB Ratio | 1.2 |
| P/FCF Ratio | 8.57 |
| PEG Ratio | 0.51 |
Enterprise Valuation
MGIC Investment has an Enterprise Value (EV) of 6.62B.
| EV / Sales | 5.48 |
| EV / EBITDA | 6.47 |
| EV / EBIT | 9.13 |
| EV / FCF | 9.15 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 0.12.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 0.12 |
| Debt / EBITDA | 0.63 |
| Debt / FCF | 0.89 |
| Interest Coverage | 27.21 |
Financial Efficiency
Return on Equity is 14.75% and Return on Invested Capital is 12.6%.
| Return on Equity | 14.75% |
| Return on Assets | 11.65% |
| Return on Invested Capital | 12.6% |
| Revenue Per Employee | $2.18M |
| Profits Per Employee | $1.37M |
| Employee Count | 555 |
| Asset Turnover | 0.18 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 205.72M |
| Effective Tax Rate | 21.24% |
Stock Price Statistics
The stock price has increased by 19.41% in the last 52 weeks. The beta is 0.93, so MGIC Investment's price volatility has been higher than the market average.
| Beta | 0.93 |
| 52-Week Price Change | 19.41% |
| 50-Day Moving Average | 23.94 |
| 200-Day Moving Average | 24.49 |
| Relative Strength Index (RSI) | 54.4 |
| Average Volume (20 Days) | 2.47M |
Income Statement
In the last 12 months, MGIC Investment had revenue of 1.21B and earned 762.99M in profits. Earnings per share was 2.92.
| Revenue | 1.21B |
| Gross Profit | 1.21B |
| Operating Income | 968.71M |
| Net Income | 762.99M |
| EBITDA | 1.02B |
| EBIT | 1B |
| Earnings Per Share (EPS) | 2.92 |
Balance Sheet
The company has 229.49M in cash and 644.67M in debt, giving a net cash position of -415.18M.
| Cash & Cash Equivalents | 229.49M |
| Total Debt | 644.67M |
| Net Cash | -415.18M |
| Retained Earnings | 3.4B |
| Total Assets | 6.55B |
| Working Capital | 234.63M |
Cash Flow
In the last 12 months, operating cash flow was 725.03M and capital expenditures -1.17M, giving a free cash flow of 723.86M.
| Operating Cash Flow | 725.03M |
| Capital Expenditures | -1.17M |
| Free Cash Flow | 723.86M |
| FCF Per Share | 2.77 |
Margins
Gross margin is 100%, with operating and profit margins of 80.21% and 63.18%.
| Gross Margin | 100% |
| Operating Margin | 80.21% |
| Pretax Margin | 80.21% |
| Profit Margin | 63.18% |
| EBITDA Margin | 84.68% |
| EBIT Margin | 80.21% |
| FCF Margin | 59.94% |
Dividends & Yields
MTG pays an annual dividend of $0.64, which amounts to a dividend yield of 2.15%.
| Dividend Per Share | $0.64 |
| Dividend Yield | 2.15% |
| Dividend Growth (YoY) | 13.04% |
| Payout Ratio | 21.97% |
| Earnings Yield | 12.3% |
| FCF Yield | 11.67% |
Analyst Forecast
The average price target for MTG is $26, which is 5.9% higher than the current price. The consensus rating is "Hold".
| Price Target | $26 |
| Price Target Difference | 5.9% |
| Analyst Consensus | Hold |
| Analyst Count | 8 |
Stock Splits
The last stock split was on Jun 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 | 3.38 |
| Piotroski F-Score | 6 |