MGIC Investment Corp MGC
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.
Trading Information
- Previous Close Price
- —
- Day Range
- —–—
- 52-Week Range
- —–—
- Bid/Ask
- — / —
- Shares Outstanding
- 205.12M
- Market Cap
- —
- Volume/Avg
- — / —
Key Statistics
- Price/Earnings (Normalized)
- 9.02
- Price/Sales
- 5.35
- Dividend Yield (Trailing)
- 2.15%
- Dividend Yield (Forward)
- 2.35%
- Dividend Payment Schedule
- Mar, May, Aug, Nov
- Total Yield
- 14.93%
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 account for close to the majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 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
- 542
- Website
- https://www.mgic.com
Valuation
|
Metric
|
MGC
|
|---|---|
Price/Earnings (Normalized) | 9.02 |
Price/Book Value | 1.17 |
Price/Sales | 5.35 |
Price/Cash Flow | 8.47 |
Price/Earnings
MGC
Financial Strength
|
Metric
|
MGC
|
|---|---|
Quick Ratio | — |
Current Ratio | — |
Interest Coverage | 25.84 |
Quick Ratio
No chart available
Profitability
|
Metric
|
MGC
|
|---|---|
Return on Assets (Normalized) | 11.10% |
Return on Equity (Normalized) | 14.24% |
Return on Invested Capital (Normalized) | 13.13% |
Return on Assets
MGC
Insurance - Specialty Industry Comparables
|
1-Day Chart
|
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United States