MTG - MGIC Investment Corporation
NYSE
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Financial Services
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Insurance—Specialty
Milwaukee,
United States
Type: Equity
MTG price evolution
MTG
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 1 May 2024 | 31 Jan 2024 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $287.81 | $439.57 | $370.64 | |
| Short term investments | ||||
| Net receivables | $57.48 | $56.59 | $68.39 | |
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $36.22 | $36.75 | $37.61 | $38.76 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $5805.71 | $5688.26 | $5738.73 | |
| Total assets | $6677.78 | $6523.92 | $6535.25 | $6538.38 |
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | $138.88 | $148.94 | $157.78 | |
| Short long term debt | ||||
| Total current liabilities | ||||
| Long term debt | $644.3 | $643.93 | $643.56 | $643.2 |
| Total noncurrent liabilities | ||||
| Total debt | $643.93 | $643.56 | $643.2 | |
| Total liabilities | $1383.71 | $1407 | $1432.9 | $1466.36 |
| Shareholders' equity | ||||
| Retained earnings | $5073.89 | $4908.18 | $4735.3 | $4593.13 |
| Other shareholder equity | -$47.72 | -$333.06 | -$48.79 | $5072.02 |
| Total shareholder equity | $5116.92 | $5102.34 | $5072.02 | |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $370.64 | $332.91 | $304.96 | $296.68 |
| Short term investments | ||||
| Net receivables | $68.39 | $76.08 | $92.81 | $56.71 |
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $38.76 | $41.42 | $45.61 | $47.14 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $5738.73 | $5424.69 | $6606.75 | $6682.91 |
| Total assets | $6538.38 | $6213.79 | $7325.01 | $7354.53 |
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | $157.78 | $195.29 | $241.69 | $287.1 |
| Short long term debt | ||||
| Total current liabilities | ||||
| Long term debt | $643.2 | $662.81 | $1146.71 | $1243.19 |
| Total noncurrent liabilities | ||||
| Total debt | $643.2 | $662.81 | $1146.71 | $1243.19 |
| Total liabilities | $1466.36 | $1571.05 | $2463.63 | $2655.54 |
| Shareholders' equity | ||||
| Retained earnings | $4593.13 | $4004.29 | $3250.69 | $2642.1 |
| Other shareholder equity | $5072.02 | $4642.74 | $119.7 | $216.82 |
| Total shareholder equity | $5072.02 | $4642.74 | $4861.38 | $4698.99 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Jan 2024 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $306.65 | $305.28 | $294.36 | $283.96 |
| Cost of revenue | -$18.27 | $4.55 | ||
| Gross Profit | $323.55 | $289.81 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $54.83 | $61.03 | ||
| Total operating expenses | $43.45 | $54.83 | $61.03 | $45.21 |
| Operating income | $268.72 | $228.78 | ||
| Income from continuing operations | ||||
| EBIT | $268.72 | $228.78 | ||
| Income tax expense | $54.33 | $55.6 | $45.78 | $45.34 |
| Interest expense | -$8.9 | $8.9 | $8.9 | -$8.9 |
| Net income | ||||
| Net income | $199.97 | $204.23 | $174.1 | $184.5 |
| Income (for common shares) | $204.23 | $174.1 | ||
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Jan 2022 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1155.1 | $1172.79 | $1199.15 | |
| Cost of revenue | -$254.56 | $364.77 | ||
| Gross Profit | $1427.35 | $834.37 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $249.06 | $188.78 | ||
| Total operating expenses | $215.97 | $249.06 | $188.78 | |
| Operating income | $1178.29 | $645.59 | ||
| Income from continuing operations | ||||
| EBIT | $1138.09 | $618.86 | ||
| Income tax expense | $189.28 | $224.69 | $113.17 | |
| Interest expense | -$36.91 | $48.05 | $59.59 | |
| Net income | ||||
| Net income | $712.95 | $865.35 | $446.09 | |
| Income (for common shares) | $865.35 | $446.09 | ||
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $204.23 | $174.1 | $184.5 | |
| Operating activities | ||||
| Depreciation | $4.48 | $6.49 | $6.23 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $7.18 | $11.11 | $8.52 | |
| Total cash flows from operations | $169.24 | $190.54 | $186.25 | |
| Investing activities | ||||
| Capital expenditures | -$0.28 | $1.63 | ||
| Investments | -$134.1 | $25.97 | $59.94 | |
| Total cash flows from investing | -$122.24 | -$134.38 | $25.97 | $61.56 |
| Financing activities | ||||
| Dividends paid | -$97.59 | -$30.58 | -$33.35 | -$31.79 |
| Sale and purchase of stock | -$156.03 | -$95.18 | -$120.49 | |
| Net borrowings | ||||
| Total cash flows from financing | -$491.45 | -$186.62 | -$147.58 | -$152.29 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$71.04 | -$151.76 | $68.92 | $95.52 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $712.95 | $865.35 | $634.98 | $446.09 |
| Operating activities | ||||
| Depreciation | $35.23 | $54.25 | $66.01 | $57.81 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $31.61 | $24.77 | ||
| Total cash flows from operations | $712.96 | $650.01 | $696.32 | $732.31 |
| Investing activities | ||||
| Capital expenditures | $0.34 | -$3.25 | -$4.12 | -$3.31 |
| Investments | -$179.53 | $413.74 | -$156.63 | -$769.2 |
| Total cash flows from investing | -$179.19 | $410.49 | -$160.75 | -$772.51 |
| Financing activities | ||||
| Dividends paid | -$122.97 | -$110.95 | -$94.22 | -$82.06 |
| Sale and purchase of stock | -$337.18 | -$385.57 | -$290.82 | -$120 |
| Net borrowings | -$28.64 | -$486.41 | -$98.61 | $419.13 |
| Total cash flows from financing | -$496.04 | -$1032.54 | -$527.29 | $167.82 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $37.73 | $27.95 | $8.28 | $127.62 |
News
Fundamentals
| Market cap | $5.95B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 256.22M |
| Revenue | $1.19B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $762.80M |
| Revenue Q/Q | 3.42% |
| Revenue Y/Y | 2.31% |
| P/E ratio | 7.80 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 5.00 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $2.98 |
|---|---|
| ROA | 11.61% |
| ROE | N/A |
| Debt/Equity | 0.29 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | N/A |
| Quick ratio | N/A |