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MGIC Investment Corp MTG

Morningstar Rating
$20.45 −0.51 (2.43%)
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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.

Price vs Fair Value

MTG is trading at a 545% premium.
Price
$20.41
Fair Value
$36.65
Uncertainty
High
1-Star Price
$39.31
5-Star Price
$39.27
Economic Moat
Tpwd
Capital Allocation
Hkjnmwgr
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News

Trading Information

Previous Close Price
$20.96
Day Range
$20.4020.82
52-Week Range
$15.0222.43
Bid/Ask
$20.09 / $20.99
Market Cap
$5.45 Bil
Volume/Avg
1.3 Mil / 1.9 Mil

Key Statistics

Price/Earnings (Normalized)
7.75
Price/Sales
4.94
Dividend Yield (Trailing)
2.25%
Dividend Yield (Forward)
2.25%
Total Yield
8.78%

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

Comparables

Valuation

Metric
MTG
ACT
NMIH
Price/Earnings (Normalized)
7.757.337.86
Price/Book Value
1.080.991.29
Price/Sales
4.944.104.41
Price/Cash Flow
7.056.995.73
Price/Earnings
MTG
ACT
NMIH

Financial Strength

Metric
MTG
ACT
NMIH
Quick Ratio
Current Ratio
Interest Coverage
26.4317.0914.38
Quick Ratio
No chart available

Profitability

Metric
MTG
ACT
NMIH
Return on Assets (Normalized)
8.75%11.02%12.00%
Return on Equity (Normalized)
11.40%14.84%18.40%
Return on Invested Capital (Normalized)
10.59%13.50%16.24%
Return on Assets
MTG
ACT
NMIH
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Insurance - Specialty Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Fidelity National Financial Inc
FNF
VpnrhKrjf$13.2 Bil
Assurant Inc
AIZ
LnvqwvxzRscm$8.6 Bil
Medibank Private Ltd
MDBPF
Nghtp$6.7 Bil
Ryan Specialty Holdings Inc Class A
RYAN
Lwnmj$6.2 Bil
Essent Group Ltd
ESNT
Pfllldx$5.9 Bil
Axis Capital Holdings Ltd
AXS
Wmdf$5.8 Bil
First American Financial Corp
FAF
XxxlhvzwDrrq$5.5 Bil
Beazley PLC
BZLYF
Pgygn$5.4 Bil
Enact Holdings Inc
ACT
Hhgrxl$4.7 Bil

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