MGIC Investment Corporation

Ticker

MTG

ISIN

US552848103

Price

USD 24.55

Change Today

-0.31 / -1.247 %

Price 1 year ago

17.82 / 37.779 %

Market Capitalization

4,717,697,536.00

52 Week Low

18.28

52 Week High

26.33

200 Day Moving Average

22.83

50-day Moving Average

25.15


Price evolution

Yearly Returns


Peers


Peers

Company information

Summary

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. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Sector

Financial Services

Industry

Insurance—Specialty

Country

United States

Exchange

NYQ

Earnings Per Share

1.289

P/E Ratio

11.241272

Debt/Equity Ratio

20.286

Beta

1.470838

City

Milwaukee

Address

MGIC Plaza

Zip

53202

Ebitda

1,022,894,016.00

Ebitda Margins

0.87

Enterprise to Ebitda

4.73

Enterprise Value

4,835,927,040.00

Target Price

17.94

Estimated Price

-

Book Value

13.88

Expected Growth

-

Balance sheet

Income statement

Sustainability

Correlation

Company Name Correlation
JRVR James River Group Holdings, Ltd -0.68
HIPO Hippo Holdings Inc. -0.66
TRUP Trupanion, Inc. -0.61
HAPV3.SA HAPVIDA ON NM -0.32
8210.SR Bupa Arabia for Cooperative Ins -0.01
AMBC Ambac Financial Group, Inc. 0.02
AMSF AMERISAFE, Inc. 0.07
ITIC Investors Title Company 0.11
AIZ Assurant, Inc. 0.17
MBI MBIA Inc. 0.26
LRE.L LANCASHIRE HOLDINGS LIMITED COM 0.31
TAKAFUL-EM.AE TAKAFUL EMARAT 0.32
TRRSF TRISURA GROUP LTD 0.35
HLI.AX HELIA GRP FPO 0.37
JUST.L JUST GROUP PLC 0.41
EIG Employers Holdings Inc 0.42
NHF.AX NIBHOLDING FPO 0.46
SNT.JO Santam Limited 0.66
FNF FNF Group of Fidelity National 0.66
FAF First American Corporation (New 0.66
RYAN Ryan Specialty Holdings, Inc. 0.72
AGO Assured Guaranty Ltd. 0.77
TIPT Tiptree Inc. 0.79
NMIH NMI Holdings Inc 0.81
ACT Enact Holdings, Inc. 0.83
ESNT Essent Group Ltd. 0.84
RDN Radian Group Inc. 0.94

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MTG MGIC Investment Corporation Milwaukee United States USD NYQ 1.47 4.73 711 https://mtg.mgic.com
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NMIH NMI Holdings Inc EmeryVille United States USD NGM 1.50 5.27 246 https://www.nationalmi.com
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MTG.MX MGIC INVESTMENT CORP Milwaukee United States MXN MEX 1.47 99.12 711 https://mtg.mgic.com

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Indicators

Glossary
Momentum
A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
Inertia
In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
Relative Strength Index (RSI)
A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
Fibonacci's Weighted Moving Average
A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
Williams %R
A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
Relative Volatility Index (RVI)
A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
Commodity Channel Index (CCI)
A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.