Investor’s Toolkit: Key Ratios for Assessing MGIC Investment Corp (MTG)’s Performance

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MGIC Investment Corp (NYSE: MTG) closed the day trading at $21.33 up 0.85% from the previous closing price of $21.15. In other words, the price has increased by $0.85 from its previous closing price. On the day, 2.01 million shares were traded. MTG stock price reached its highest trading level at $21.38 during the session, while it also had its lowest trading level at $21.1.


For a better understanding of MTG, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.13.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on June 03, 2024, Upgraded its rating to Outperform and sets its target price to $25 from $24 previously.

On April 04, 2024, Keefe Bruyette Downgraded its rating to Mkt Perform which previously was Outperform and also upped its target price recommendation from $23.50 to $24.

On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $18.50.UBS initiated its Neutral rating on December 06, 2023, with a $18.50 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTG now has a Market Capitalization of 5686300672 and an Enterprise Value of 5898521600. As of this moment, MGIC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.20, and their Forward P/E ratio for the next fiscal year is 8.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.88 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 5.061 whereas that against EBITDA is 5.931.

Stock Price History:

Over the past 52 weeks, MTG has reached a high of $22.43, while it has fallen to a 52-week low of $15.02. The 50-Day Moving Average of the stock is 2.90%, while the 200-Day Moving Average is calculated to be 12.38%.

Shares Statistics:

Over the past 3-months, MTG traded about 2.02M shares per day on average, while over the past 10 days, MTG traded about 1525010 shares per day. A total of 272.49M shares are outstanding, with a floating share count of 262.84M. Insiders hold about 1.41% of the company’s shares, while institutions hold 96.38% stake in the company. Shares short for MTG as of 1715731200 were 8517213 with a Short Ratio of 4.21, compared to 1713139200 on 10150052. Therefore, it implies a Short% of Shares Outstanding of 8517213 and a Short% of Float of 3.7800000000000002.

Dividends & Splits

MTG’s forward annual dividend rate is 0.46, up from 0.445 a year ago. Against a Trailing Annual Dividend Yield of 0.02104019The stock’s 5-year Average Dividend Yield is 1.85.

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