MGIC Investment Corporation (MTG) shares Traded BTW $13.81 to $14.045 in Last % Days: Performance Analysis

MGIC Investment Corporation (MTG) is owned by a number of high-value investors. Its largest direct holder is Curt S. Culver Chairman of the Board with 1,484,609 shares. The second-largest direct holder is Timothy J. Mattke Director and Chief Executive Officer, with 677,553 shares of the company’s stock. In third place with 504,834 shares of MTG is Salvatore A. Miosi President and Chief Operating Officer; Executive Vice President, Business Strategies and Operations of MGIC.

Now turning to institutional ownership of MGIC Investment Corporation (MTG), The Vanguard Group, Inc. is the top holder with 34.86 million shares. The next largest fund holder of this company’s stock is BlackRock Fund Advisors with 15.34 million shares. In the third-place spot with 15.15 million shares is Wellington Management Co. LLP.

This company’s stock price was $14.00 at the previous market close, with its latest volume reaching 2478992. Compare that to its average daily volume of 2.87M. Given the fact that this stock has 351.37M shares outstanding, its current market value is sitting at $4.92B. This publicly-traded stock’s 60-month Beta is 1.50. Its Price to Sales ratio is 4.14, its Price to Cash Flow ratio is 29.74, and its Price to Book ratio is 1.18.

MTG stock has achieved a 5-day range of $13.81 to $14.55, with a total performance of -2.30% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $13.59 to $14.55, generating a +1.74% change during the period. In the past three months, this stock’s price has changed by +10.15%, trading in the range of $12.36 to $14.55.

In the past 5 days, shares of MTG have made a new high 1 time. In the last month, it has made a new high 9 times, and in the past 3 months, it has made a new high 12 times.

Now let’s turn to this public company’s earnings. For the quarter ending 9/29/2019, the earnings per share (EPS) was reported at 0.48. This is a 0.06 difference compared to the consensus estimate of 0.42, amounting to an earnings surprise of 14.30%. In the previous quarter, which ended in 9/29/2019, the consensus estimate was 0.42, making for an earnings surprise of 9.50%. For the quarter ending 3/30/2019, EPS was reported at 0.42, generating a 7.70% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $670.1 million. This is compared to the prior year, where Net Income was $355.76 million. Meanwhile, this company’s Operating Cash Flow was $544.52 million for the year, compared to $406.66 million in 2017. Capital Expenditures for the year were reportedly -$14.24 million, compared to -$16.07 million, and Free Cash flow was $530.28 million compared to the prior year’s $390.59 million.

MGIC Investment Corporation (MTG) stock currently has a Financial Strength score of 4/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.2, an Equity to Asset ratio of 0.68, a Debt to Equity ratio of 0.2 and a Debt to EBITDA of 0.9.

This publicly-traded company’s Profitability and Growth score is 3/10, thanks to a combination of things: a Net Margin of 55.08, a ROE of 17.15.

Shifting focus now to Valuation and Return for MTG, this company’s Price to Tangible Book is 1.17 and its Price to Median PS Value is 1.52. Price to Peter Lynch Fair Value for MTG is now 0.31, and this organization’s Price to Graham Number is 0.64. Meanwhile, its Forward Rate of Return (Yactman) is 25.54.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for MTG is sitting at 0.00, while its Current Ratio is 0.00 and its PEG Ratio is 0.17. This stock’s PB Ratio is 1.17, its PS Ratio is 4.46, its Forward PE Ratio is 8.07, and its PE Ratio without NRI is 7.78. Similarly, its Price to Owner Earnings is 8.51, its Price to Free Cash Flow is 8.63 and its Price to Operating Cash Flow is 8.52.