MGIC Net Income vs Dividends Paid Analysis

MTG Stock  USD 25.04  0.32  1.26%   
MGIC Investment financial indicator trend analysis is infinitely more than just investigating MGIC Investment Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MGIC Investment Corp is a good investment. Please check the relationship between MGIC Investment Net Income and its Dividends Paid accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGIC Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Income vs Dividends Paid

Net Income vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MGIC Investment Corp Net Income account and Dividends Paid. At this time, the significance of the direction appears to have no relationship.
The correlation between MGIC Investment's Net Income and Dividends Paid is 0.05. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of MGIC Investment Corp, assuming nothing else is changed. The correlation between historical values of MGIC Investment's Net Income and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of MGIC Investment Corp are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Net Income i.e., MGIC Investment's Net Income and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in MGIC Investment Corp financial statement analysis. It represents the amount of money remaining after all of MGIC Investment Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from MGIC Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MGIC Investment Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGIC Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, MGIC Investment's Enterprise Value Multiple is most likely to slightly decrease in the upcoming years.
 2021 2022 2023 2024 (projected)
Interest Expense71.4M48.1M36.9M49.5M
Depreciation And Amortization66.0M54.3M35.2M42.6M

MGIC Investment fundamental ratios Correlations

0.490.540.390.240.34-0.49-0.120.430.650.30.20.420.10.090.370.350.120.280.680.940.080.180.68-0.060.4
0.490.150.060.72-0.13-0.55-0.080.740.780.60.22-0.050.140.14-0.14-0.05-0.29-0.030.50.480.280.850.50.520.71
0.540.150.850.270.83-0.050.150.360.110.0-0.670.94-0.74-0.75-0.340.810.2-0.080.710.61-0.60.120.720.250.18
0.390.060.850.280.65-0.250.480.370.00.22-0.670.92-0.68-0.69-0.410.560.0-0.240.580.48-0.430.050.580.17-0.09
0.240.720.270.28-0.04-0.410.120.870.70.7-0.130.15-0.24-0.24-0.640.05-0.3-0.280.640.330.050.520.640.430.63
0.34-0.130.830.65-0.040.380.04-0.04-0.18-0.47-0.720.78-0.79-0.79-0.210.810.610.170.370.25-0.76-0.120.380.170.11
-0.49-0.55-0.05-0.25-0.410.38-0.05-0.46-0.59-0.75-0.3-0.02-0.36-0.36-0.130.090.620.12-0.29-0.61-0.38-0.33-0.280.08-0.23
-0.12-0.080.150.480.120.04-0.050.24-0.180.34-0.170.37-0.19-0.19-0.37-0.33-0.1-0.310.19-0.050.280.090.190.23-0.44
0.430.740.360.370.87-0.04-0.460.240.710.820.020.29-0.12-0.12-0.46-0.03-0.35-0.370.80.550.240.570.80.450.4
0.650.780.110.00.7-0.18-0.59-0.180.710.640.41-0.030.30.30.06-0.05-0.090.240.630.660.360.410.630.090.69
0.30.60.00.220.7-0.47-0.750.340.820.640.310.010.260.26-0.23-0.37-0.65-0.40.510.450.560.450.510.180.13
0.20.22-0.67-0.67-0.13-0.72-0.3-0.170.020.410.31-0.690.970.970.68-0.72-0.190.2-0.150.130.870.04-0.15-0.30.04
0.42-0.050.940.920.150.78-0.020.370.29-0.030.01-0.69-0.74-0.74-0.340.680.22-0.110.660.51-0.53-0.040.660.12-0.08
0.10.14-0.74-0.68-0.24-0.79-0.36-0.19-0.120.30.260.97-0.741.00.71-0.72-0.250.21-0.320.040.840.02-0.33-0.34-0.05
0.090.14-0.75-0.69-0.24-0.79-0.36-0.19-0.120.30.260.97-0.741.00.71-0.72-0.250.21-0.320.040.830.02-0.33-0.34-0.05
0.37-0.14-0.34-0.41-0.64-0.21-0.13-0.37-0.460.06-0.230.68-0.340.710.71-0.190.170.55-0.290.220.37-0.27-0.29-0.51-0.12
0.35-0.050.810.560.050.810.09-0.33-0.03-0.05-0.37-0.720.68-0.72-0.72-0.190.30.140.350.37-0.89-0.10.350.030.28
0.12-0.290.20.0-0.30.610.62-0.1-0.35-0.09-0.65-0.190.22-0.25-0.250.170.30.650.01-0.1-0.35-0.320.02-0.060.02
0.28-0.03-0.08-0.24-0.280.170.12-0.31-0.370.24-0.40.2-0.110.210.210.550.140.65-0.120.08-0.06-0.15-0.11-0.190.25
0.680.50.710.580.640.37-0.290.190.80.630.51-0.150.66-0.32-0.32-0.290.350.01-0.120.79-0.050.271.00.180.37
0.940.480.610.480.330.25-0.61-0.050.550.660.450.130.510.040.040.220.37-0.10.080.790.080.190.79-0.090.36
0.080.28-0.6-0.430.05-0.76-0.380.280.240.360.560.87-0.530.840.830.37-0.89-0.35-0.06-0.050.080.22-0.06-0.05-0.13
0.180.850.120.050.52-0.12-0.330.090.570.410.450.04-0.040.020.02-0.27-0.1-0.32-0.150.270.190.220.270.810.4
0.680.50.720.580.640.38-0.280.190.80.630.51-0.150.66-0.33-0.33-0.290.350.02-0.111.00.79-0.060.270.180.37
-0.060.520.250.170.430.170.080.230.450.090.18-0.30.12-0.34-0.34-0.510.03-0.06-0.190.18-0.09-0.050.810.180.18
0.40.710.18-0.090.630.11-0.23-0.440.40.690.130.04-0.08-0.05-0.05-0.120.280.020.250.370.36-0.130.40.370.18
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MGIC Investment Account Relationship Matchups

MGIC Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B7.4B7.3B6.2B6.5B5.7B
Short Long Term Debt Total832.7M1.2B2.1B662.8M643.2M835.0M
Total Stockholder Equity4.3B4.7B4.9B4.6B5.1B2.7B
Property Plant And Equipment Net50.1M47.1M45.6M41.4M38.8M39.0M
Net Debt670.9M955.2M862.0M335.4M272.6M441.5M
Retained Earnings2.3B2.6B3.3B4.0B4.6B4.8B
Non Currrent Assets Other(5.8B)(6.7B)(6.6B)(187.0M)263.4M276.6M
Other Assets240.7M244.6M324.2M508.3M584.5M1.2B
Common Stock Shares Outstanding373.9M359.3M351.3M311.2M287.2M225.9M
Liabilities And Stockholders Equity6.2B7.4B7.3B6.2B6.5B5.7B
Non Current Liabilities Total832.7M1.2B1.1B510.7M961.0M739.9M
Other Stockholder Equity1.6B1.5B1.1B748.6M423.8M354.2M
Total Liab832.7M1.2B1.1B1.6B1.4B1.4B
Property Plant And Equipment Gross44.9M51.7M50.1M47.1M54.2M38.3M
Other Current Liab532.2M784.8M817.3M195.3M472.1M448.5M
Total Current Liabilities532.2M784.8M817.3M168.0M472.1M448.5M
Cash161.8M288.0M284.7M327.4M370.6M345.7M
Non Current Assets Total5.8B6.7B6.6B5.5B6.1B3.7B
Cash And Short Term Investments161.8M288.0M284.7M327.4M6.1B6.4B
Net Receivables21.6M95.0M66.9M28.2M101.7M102.4M
Short Term Investments5.7B6.7B6.6B5.4B5.7B3.1B
Total Current Assets183.5M383.0M351.6M240.3M370.6M352.1M
Accumulated Other Comprehensive Income72.7M216.8M119.7M(481.5M)(316.3M)(300.5M)
Other Liab496.8M985.8M1.1B710.4M817.0M973.5M
Long Term Debt420.9M879.4M1.1B641.7M643.2M755.3M
Treasury Stock(283.2M)(393.3M)(675.3M)(1.1B)(1.2B)(1.3B)
Property Plant Equipment50.1M47.1M45.6M41.4M47.6M39.4M
Accounts Payable369.6M252.8M208.2M137.5M158.1M88.8M
Net Tangible Assets4.3B4.7B4.9B4.6B5.3B3.0B
Good Will(204.4M)5.6B6.5B6.4B7.3B7.7B
Retained Earnings Total Equity2.3B2.6B3.3B4.0B4.6B4.8B
Long Term Debt Total420.9M879.4M1.1B641.7M738.0M765.2M
Capital Surpluse1.9B1.9B1.8B1.8B2.1B1.8B
Inventory(702.0M)(796.0M)(755.0M)(1.0B)(6.2B)(5.9B)
Other Current Assets702.0M796.0M755.0M891.3M370.6M352.1M
Long Term Investments5.8B6.7B6.7B5.5B5.7B6.0B

Currently Active Assets on Macroaxis

When determining whether MGIC Investment Corp is a strong investment it is important to analyze MGIC Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGIC Investment's future performance. For an informed investment choice regarding MGIC Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGIC Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGIC Investment. If investors know MGIC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGIC Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.164
Dividend Share
0.46
Earnings Share
2.72
Revenue Per Share
4.318
Quarterly Revenue Growth
0.05
The market value of MGIC Investment Corp is measured differently than its book value, which is the value of MGIC that is recorded on the company's balance sheet. Investors also form their own opinion of MGIC Investment's value that differs from its market value or its book value, called intrinsic value, which is MGIC Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGIC Investment's market value can be influenced by many factors that don't directly affect MGIC Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGIC Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGIC Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGIC Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.