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MGIC Investment Corporation
MTG | US
25.37
USD-0.62
-2.39%
MTG | US
About MGIC Investment Corporation
Sector
Financial Services
Industry
Insurance - Specialty
Earnings date
30/06/2024
As of date
21/10/2024
Close
25.37
Open
25.96
High
26.02
Low
25.35
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.
View LessMTG | US
Risk
18.5
Sharpe
1.94
Luna's Score
63/100
Recommendation
Hold
Luna says (MTG | US)
What's Working
Low 6-Month Volatility (<30%)
Low Debt to Equity (< 0.25)
Low Debt to Asset (< 0.2)
Value Stock (Price to Book < 3)
Strong Operating Margin (> 25%)
Strong Sharpe Ratio (> 1.2)
What's not Working
Negative Momentum (Declining Price)
Weakness based on declining price with high volume
Price Below SMA10D
Midcap (2B - 10B USD)
High Market Beta (> 0.8)
Volatility Signals
Bearish: Increased Volatility (6-month > 1-month volatility)
Risk Meter
10 days
20.5%1 month
18.5%3 months
22.9%6 months
21.4%Returns
Fundamental Ratios
PE
9.63
Fwd. PE
9.43
Price to book
1.34
Debt to equity
0.13
Debt to assets
0.10
Ent. to EBITDA
-
Ent. to rev.
6.10
PEG
1.54
Other Fundamentals
EBITDA
1.01B
MarketCap
6.58B
MarketCap(USD)
6.58B
Div. yield
1.97
Op. margin
88.03
Erngs. growth
16.40
Rev. growth
5.00
Ret. on equity
14.97
Short ratio
5.61
Short perc.
4.11
Market Sentiment (SMA and Price signals)
Short-term: Bullish (SMA10D > SMA1M)
Intermediate-term: Bullish (SMA1M > SMA3M)
Long-term: Bullish (SMA6M > SMA12M)
SMAs: Stock Price Trends
Range10D
1.53
Range1M
1.53
Range3M
3.65
Volumes: Market Activity
Rel. volume
1.08
Price X volume
33.70M
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | - | 125.34 | - |
| Ent. to Revenue | 6.10 | 4.01 | Expensive |
| PE Ratio | 9.63 | 15.82 | Cheaper |
| Price to Book | 1.34 | 2.02 | Cheaper |
| Dividend Yield | 1.97 | 2.29 | Par |
| Std. Deviation (3M) | 22.87 | 27.63 | Par |
| Debt to Equity | 0.13 | 0.65 | Cheaper |
| Debt to Assets | 0.10 | 0.16 | Cheaper |
| Market Cap | 6.58B | 5.03B | Market Leader |
