Mgic Investment Corp Stock Analysis
| MTG Stock | USD 20.28 0.28 1.36% |
MGIC Investment Corp is fairly valued with Real Value of 20.05 and Hype Value of 20.28. The main objective of MGIC Investment stock analysis is to determine its intrinsic value, which is an estimate of what MGIC Investment Corp is worth, separate from its market price. There are two main types of MGIC Investment's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect MGIC Investment's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of MGIC Investment's stock to identify patterns and trends that may indicate its future price movements.
The MGIC Investment stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. MGIC Investment is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. MGIC Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and MGIC Investment's ongoing operational relationships across important fundamental and technical indicators.
MGIC |
MGIC Stock Analysis Notes
About 98.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.05. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. MGIC Investment Corp has Price/Earnings To Growth (PEG) ratio of 1.54. The entity last dividend was issued on the 8th of May 2024. The firm had 2:1 split on the 3rd of June 1997. 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, Puerto Rico, and Guam. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin. Mgic Investment operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 711 people. To find out more about MGIC Investment Corp contact Timothy Mattke at 414 347 6480 or learn more at https://mtg.mgic.com.MGIC Investment Corp Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. MGIC Investment's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding MGIC Investment Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Over 98.0% of the company shares are owned by institutional investors | |
| On 5th of March 2024 MGIC Investment paid $ 0.115 per share dividend to its current shareholders |
MGIC Investment Corp Upcoming and Recent Events
Earnings reports are used by MGIC Investment to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to MGIC Investment previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
MGIC Investment Thematic Classifications
In addition to having MGIC Investment stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Insurance ProvidersAll types of insurance and insurance brokerages | |
 | Diversified AssetsAll types of close end funds |
MGIC Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 5.53 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MGIC Investment's market, we take the total number of its shares issued and multiply it by MGIC Investment's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.MGIC Profitablity
MGIC Investment's profitability indicators refer to fundamental financial ratios that showcase MGIC Investment's ability to generate income relative to its revenue or operating costs. If, let's say, MGIC Investment is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, MGIC Investment's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of MGIC Investment's profitability requires more research than a typical breakdown of MGIC Investment's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.62 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.84 %, which entails that for every 100 dollars of revenue, it generated $0.84 of operating income. Technical Drivers
As of the 1st of May, MGIC Investment secures the risk adjusted performance of 0.0248, and Mean Deviation of 1.09. In connection with fundamental indicators, the technical analysis model lets you check helpful technical drivers of MGIC Investment Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for MGIC Investment, which can be compared to its peers in the industry. Please verify MGIC Investment Corp downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if MGIC Investment Corp is priced fairly, providing market reflects its recent price of 20.28 per share. Given that MGIC Investment Corp has jensen alpha of (0.02), we recommend you to check MGIC Investment's last-minute market performance to make sure the company can sustain itself in the future.MGIC Investment Corp Price Movement Analysis
null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. MGIC Investment middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for MGIC Investment Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
MGIC Investment Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MGIC Investment insiders, such as employees or executives, is commonly permitted as long as it does not rely on MGIC Investment's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MGIC Investment insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Julie Sperber over two months ago Disposition of 796 shares by Julie Sperber of MGIC Investment at 19. subject to Rule 16b-3 | ||
Robert Candelmo over two months ago Acquisition by Robert Candelmo of 23396 shares of MGIC Investment subject to Rule 16b-3 | ||
Thompson Michael Leal over three months ago Acquisition by Thompson Michael Leal of tradable shares of MGIC Investment subject to Rule 16b-3 | ||
Thompson Michael Leal over three months ago Acquisition by Thompson Michael Leal of 1959 shares of MGIC Investment subject to Rule 16b-3 | ||
Mark Zandi over six months ago Acquisition by Mark Zandi of tradable shares of MGIC Investment subject to Rule 16b-3 | ||
Mark Zandi over a year ago Acquisition by Mark Zandi of tradable shares of MGIC Investment subject to Rule 16b-3 | ||
Julie Sperber over a year ago Acquisition by Julie Sperber of 5293 shares of MGIC Investment subject to Rule 16b-3 |
MGIC Investment Outstanding Bonds
MGIC Investment issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MGIC Investment Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MGIC bonds can be classified according to their maturity, which is the date when MGIC Investment Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MGIC Investment Predictive Daily Indicators
MGIC Investment intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MGIC Investment stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
MGIC Investment Forecast Models
MGIC Investment's time-series forecasting models are one of many MGIC Investment's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary MGIC Investment's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About MGIC Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how MGIC Investment prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling MGIC shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as MGIC Investment. By using and applying MGIC Stock analysis, traders can create a robust methodology for identifying MGIC entry and exit points for their positions.
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, Puerto Rico, and Guam. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin. Mgic Investment operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 711 people.
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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 tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running MGIC Investment's price analysis, check to measure MGIC Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MGIC Investment is operating at the current time. Most of MGIC Investment's value examination focuses on studying past and present price action to predict the probability of MGIC Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGIC Investment's price. Additionally, you may evaluate how the addition of MGIC Investment to your portfolios can decrease your overall portfolio volatility.
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Is MGIC Investment's industry 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.
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.