Based on the MGIC Investment Corp stock forecast from 4 analysts, the average analyst target price for MGIC Investment Corp is USD 21.38 over the next 12 months. MGIC Investment Corp’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of MGIC Investment Corp is Slightly Bullish , which is based on 9 positive signals and 6 negative signals. At the last closing, MGIC Investment Corp’s stock price was USD 19.38. MGIC Investment Corp’s stock price has changed by -2.22% over the past week, -7.67% over the past month and +36.00% over the last year.
No recent analyst target price found for MGIC Investment Corp
No recent average analyst rating found for MGIC Investment Corp
Company Overview MGIC Investment Corp
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, the District of Columbia, 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 pool insurance for secondary market mortgage transactions; and 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. Read Less
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, the District of Columbia, Puerto Rico, and Guam. ...Read More
Frequently Asked Questions About MGIC Investment Corp (MTG) Stock
Based on ratings from 4 analysts MGIC Investment Corp's stock is Buy . Stock Target Advisor's fundamental analysis is Slightly Bullish . The stock has 1 buy, sell and 3 hold ratings.
MTG stock's dividend yield is 2.22%.
Our analysis grades MTG stock's dividend yield at F. This means that MTG stock's dividend yield is above 42% of the stocks in the Insurance - Specialty sector in the NYE exchange.
Based on this MTG may be a average dividend stock for its sector.
Based on targets from 4 analysts, the average taret price for MTG is USD 21.38 over the next 12 months. The maximum analyst target price is USD 24 while the minimum anlayst target price is USD 18.5.
MTG stock's Price/Earning ratio is 8.31.
Our analysis grades MTG stock's Price / Earning ratio at C+. This means that MTG stock's Price/Earning ratio is above 21% of the stocks in the Insurance - Specialty sector in the NYE exchange.
Based on this MTG may be undervalued for its sector.
The last closing price of MTG's stock was USD 19.38.
The most recent market capitalization for MTG is USD 5.56B.
Based on targets from 4 analysts, the average taret price for MTG is projected at USD 21.38 over the next 12 months.
This means that MTG's stock price may go up by +10.29% over the next 12 months.
We can't find any ETFs which contains MGIC Investment Corp's stock.
As per our most recent records MGIC Investment Corp has 627 Employees.
MGIC Investment Corp's registered address is MGIC Plaza, Milwaukee, WI, United States, 53202.
You can get more information about it from MGIC Investment Corp's website at https://mtg.mgic.com.
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Stock Target Advisor's Analysis
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
What to like
Low debt
The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Underpriced compared to book value
The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Superior return on assets
The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.
Superior capital utilization
The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
Underpriced compared to earnings
The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
High dividend returns
The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.
Superior return on equity
The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
What not to like
Below median total returns
The company has under performed its peers on annual average total returns in the past 5 years.
High volatility
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Low Dividend Growth
This stock has shown below median dividend growth in the previous 5 years compared to its sector.
Low Revenue Growth
This stock has shown below median revenue growth in the previous 5 years compared to its sector
Low Earnings Growth
This stock has shown below median earnings growth in the previous 5 years compared to its sector
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