MGIC Investment Corp MTG
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
Trading Information
- Previous Close Price
- $20.35
- Day Range
- $19.98–20.38
- 52-Week Range
- $13.97–22.43
- Bid/Ask
- $18.84 / $22.64
- Market Cap
- $5.47 Bil
- Volume/Avg
- 1.9 Mil / 2.2 Mil
Key Statistics
- Price/Earnings (Normalized)
- 8.04
- Price/Sales
- 5.06
- Dividend Yield (Trailing)
- 2.19%
- Dividend Yield (Forward)
- 2.27%
- Total Yield
- 8.35%
Company Profile
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.
- Sector
- Financial Services
- Industry
- Insurance - Specialty
- Stock Style Box
- Small Value
- Total Number of Employees
- 627
- Website
- https://www.mgic.com
Comparables
Valuation
|
Metric
|
MTG
|
ACT
|
ESNT
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.04 | 7.23 | 8.28 |
Price/Book Value | 1.09 | 1.02 | 1.13 |
Price/Sales | 5.06 | 4.18 | 5.18 |
Price/Cash Flow | 7.35 | 6.95 | 7.77 |
Price/Earnings
MTG
ACT
ESNT
Financial Strength
|
Metric
|
MTG
|
ACT
|
ESNT
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 25.45 | 17.42 | 28.31 |
Quick Ratio
No chart available
Profitability
|
Metric
|
MTG
|
ACT
|
ESNT
|
|---|---|---|---|
Return on Assets (Normalized) | 11.39% | 11.40% | 11.81% |
Return on Equity (Normalized) | 14.97% | 15.47% | 14.99% |
Return on Invested Capital (Normalized) | 13.72% | 14.01% | 14.26% |
Return on Assets
MTG
ACT
ESNT
Insurance - Specialty Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
FNF
| Fidelity National Financial Inc | Ynhcy | Fvvb | $13.5 Bil | |
AIZ
| Assurant Inc | Tqhvrdgd | Xsbdz | $9.2 Bil | |
MDBPF
| Medibank Private Ltd | — | Sdqvm | $6.5 Bil | |
RYAN
| Ryan Specialty Holdings Inc Class A | — | Myxtsd | $6.1 Bil | |
FAF
| First American Financial Corp | Vhmnggx | Fmnz | $6.0 Bil | |
ESNT
| Essent Group Ltd | — | Sjsv | $5.8 Bil | |
BZLYF
| Beazley PLC | — | Dlcm | $5.5 Bil | |
AXS
| Axis Capital Holdings Ltd | — | Psyy | $5.3 Bil | |
ACT
| Enact Holdings Inc | — | Kztb | $4.7 Bil |