MGIC Investment Net Worth
MGIC Investment Net Worth Breakdown | MTG |
MGIC Investment Net Worth Analysis
MGIC Investment's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including MGIC Investment's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of MGIC Investment's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform MGIC Investment's net worth analysis. One common approach is to calculate MGIC Investment's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares MGIC Investment's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing MGIC Investment's net worth. This approach calculates the present value of MGIC Investment's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of MGIC Investment's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate MGIC Investment's net worth. This involves comparing MGIC Investment's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into MGIC Investment's net worth relative to its peers.
Enterprise Value |
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To determine if MGIC Investment is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding MGIC Investment's net worth research are outlined below:
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: MGIC Upgraded to Buy Heres What You Should Know |
MGIC Investment uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in MGIC Investment Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to MGIC Investment's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
MGIC Investment Target Price Consensus
MGIC target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. MGIC Investment's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 7 | Buy |
Most MGIC analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand MGIC stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of MGIC Investment Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationMGIC Investment Target Price Projection
MGIC Investment's current and average target prices are 23.55 and 26.29, respectively. The current price of MGIC Investment is the price at which MGIC Investment Corp is currently trading. On the other hand, MGIC Investment's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
MGIC Investment Market Quote on 21st of March 2025
Target Price
Analyst Consensus On MGIC Investment Target Price
Know MGIC Investment's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as MGIC Investment is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MGIC Investment Corp backward and forwards among themselves. MGIC Investment's institutional investor refers to the entity that pools money to purchase MGIC Investment's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-12-31 | 4.5 M | Northern Trust Corp | 2024-12-31 | 4.5 M | Norges Bank | 2024-12-31 | 3.6 M | Arrowstreet Capital Limited Partnership | 2024-12-31 | 3.1 M | American Century Companies Inc | 2024-12-31 | 3 M | Goldman Sachs Group Inc | 2024-12-31 | 2.9 M | Aqr Capital Management Llc | 2024-12-31 | 2.7 M | Bank Of New York Mellon Corp | 2024-12-31 | 2.7 M | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 2.6 M | Vanguard Group Inc | 2024-12-31 | 34.3 M | Blackrock Inc | 2024-12-31 | 26.4 M |
Follow MGIC Investment's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 5.75 B.Market Cap |
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Project MGIC Investment's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.12 | 0.10 | |
| Return On Capital Employed | 0.20 | 0.21 | |
| Return On Assets | 0.12 | 0.07 | |
| Return On Equity | 0.15 | 0.15 |
When accessing MGIC Investment's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures MGIC Investment's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of MGIC Investment's profitability and make more informed investment decisions.
Evaluate MGIC Investment's management efficiency
MGIC Investment Corp has Return on Asset of 0.0959 % which means that on every $100 spent on assets, it made $0.0959 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.149 %, implying that it generated $0.149 on every 100 dollars invested. MGIC Investment's management efficiency ratios could be used to measure how well MGIC Investment manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MGIC Investment's Return On Capital Employed is most likely to increase slightly in the upcoming years. The MGIC Investment's current Return On Equity is estimated to increase to 0.15, while Return On Tangible Assets are projected to decrease to 0.1. At this time, MGIC Investment's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The MGIC Investment's current Asset Turnover is estimated to increase to 0.26, while Total Assets are projected to decrease to roughly 5.8 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 19.77 | 18.41 | |
| Tangible Book Value Per Share | 19.77 | 16.79 | |
| Enterprise Value Over EBITDA | 6.79 | 6.45 | |
| Price Book Value Ratio | 1.20 | 2.08 | |
| Enterprise Value Multiple | 6.79 | 6.45 | |
| Price Fair Value | 1.20 | 2.08 | |
| Enterprise Value | 4.1 B | 2.8 B |
Understanding the operational decisions made by MGIC Investment management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue 5.1086 | Revenue | Quarterly Revenue Growth 0.062 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MGIC Investment insiders, such as employees or executives, is commonly permitted as long as it does not rely on MGIC Investment's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MGIC Investment insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
MGIC Investment Corporate Filings
| 21st of March 2025 Other Reports | ViewVerify | |
F4 | 6th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 26th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 11th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
MGIC Investment Earnings Estimation Breakdown
The calculation of MGIC Investment's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of MGIC Investment is estimated to be 0.692 with the future projection ranging from a low of 0.63 to a high of 0.73. Please be aware that this consensus of annual earnings estimates for MGIC Investment Corp is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.63 Lowest | Expected EPS | 0.73 Highest |
MGIC Investment Earnings Projection Consensus
Suppose the current estimates of MGIC Investment's value are higher than the current market price of the MGIC Investment stock. In this case, investors may conclude that MGIC Investment is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and MGIC Investment's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 7 | 81.97% | 0.72 | 0.692 | 2.89 |
MGIC Investment Earnings History
Earnings estimate consensus by MGIC Investment Corp analysts from Wall Street is used by the market to judge MGIC Investment's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only MGIC Investment's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.MGIC Investment Quarterly Gross Profit |
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MGIC Investment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
MGIC Investment Earnings per Share Projection vs Actual
Actual Earning per Share of MGIC Investment refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering MGIC Investment Corp predict the company's earnings will be in the future. The higher the earnings per share of MGIC Investment, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.MGIC Investment Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as MGIC Investment, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of MGIC Investment should always be considered in relation to other companies to make a more educated investment decision.MGIC Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact MGIC Investment's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-01-29 | 2024-12-31 | 0.662 | 0.72 | 0.058 | 8 | ||
2024-10-29 | 2024-09-30 | 0.67 | 0.77 | 0.1 | 14 | ||
2024-07-31 | 2024-06-30 | 0.64 | 0.77 | 0.13 | 20 | ||
2024-05-01 | 2024-03-31 | 0.6 | 0.65 | 0.05 | 8 | ||
2024-01-31 | 2023-12-31 | 0.57 | 0.67 | 0.1 | 17 | ||
2023-10-31 | 2023-09-30 | 0.56 | 0.64 | 0.08 | 14 | ||
2023-08-02 | 2023-06-30 | 0.53 | 0.68 | 0.15 | 28 | ||
2023-05-03 | 2023-03-31 | 0.5 | 0.54 | 0.04 | 8 | ||
2023-02-01 | 2022-12-31 | 0.53 | 0.65 | 0.12 | 22 | ||
2022-11-02 | 2022-09-30 | 0.53 | 0.86 | 0.33 | 62 | ||
2022-08-03 | 2022-06-30 | 0.5 | 0.82 | 0.32 | 64 | ||
2022-05-04 | 2022-03-31 | 0.49 | 0.6 | 0.11 | 22 | ||
2022-02-02 | 2021-12-31 | 0.44 | 0.61 | 0.17 | 38 | ||
2021-11-03 | 2021-09-30 | 0.45 | 0.46 | 0.01 | 2 | ||
2021-08-04 | 2021-06-30 | 0.43 | 0.44 | 0.01 | 2 | ||
2021-05-05 | 2021-03-31 | 0.42 | 0.43 | 0.01 | 2 | ||
2021-02-23 | 2020-12-31 | 0.4 | 0.44 | 0.04 | 10 | ||
2020-11-04 | 2020-09-30 | 0.31 | 0.43 | 0.12 | 38 | ||
2020-08-04 | 2020-06-30 | 0.14 | 0.04 | -0.1 | 71 | ||
2020-05-07 | 2020-03-31 | 0.41 | 0.42 | 0.01 | 2 | ||
2020-02-04 | 2019-12-31 | 0.43 | 0.49 | 0.06 | 13 | ||
2019-10-22 | 2019-09-30 | 0.42 | 0.48 | 0.06 | 14 | ||
2019-07-23 | 2019-06-30 | 0.42 | 0.46 | 0.04 | 9 | ||
2019-04-23 | 2019-03-31 | 0.39 | 0.42 | 0.03 | 7 | ||
2019-01-17 | 2018-12-31 | 0.39 | 0.42 | 0.03 | 7 | ||
2018-10-17 | 2018-09-30 | 0.36 | 0.49 | 0.13 | 36 | ||
2018-07-18 | 2018-06-30 | 0.36 | 0.49 | 0.13 | 36 | ||
2018-04-18 | 2018-03-31 | 0.35 | 0.38 | 0.03 | 8 | ||
2018-01-18 | 2017-12-31 | 0.28 | 0.43 | 0.15 | 53 | ||
2017-10-18 | 2017-09-30 | 0.26 | 0.32 | 0.06 | 23 | ||
2017-07-20 | 2017-06-30 | 0.25 | 0.3 | 0.05 | 20 | ||
2017-04-20 | 2017-03-31 | 0.24 | 0.31 | 0.07 | 29 | ||
2017-01-19 | 2016-12-31 | 0.22 | 0.28 | 0.06 | 27 | ||
2016-10-18 | 2016-09-30 | 0.17 | 0.14 | -0.03 | 17 | ||
2016-07-19 | 2016-06-30 | 0.2 | 0.26 | 0.06 | 30 | ||
2016-04-19 | 2016-03-31 | 0.22 | 0.18 | -0.04 | 18 | ||
2016-01-21 | 2015-12-31 | 0.26 | 0.26 | 0.0 | 0 | ||
2015-10-15 | 2015-09-30 | 0.21 | 0.29 | 0.08 | 38 | ||
2015-07-16 | 2015-06-30 | 0.23 | 0.28 | 0.05 | 21 | ||
2015-04-21 | 2015-03-31 | 0.21 | 0.26 | 0.05 | 23 | ||
2015-01-20 | 2014-12-31 | 0.15 | 0.19 | 0.04 | 26 | ||
2014-10-15 | 2014-09-30 | 0.1 | 0.18 | 0.08 | 80 | ||
2014-07-16 | 2014-06-30 | 0.14 | 0.12 | -0.02 | 14 | ||
2014-04-22 | 2014-03-31 | 0.1 | 0.15 | 0.05 | 50 | ||
2014-01-23 | 2013-12-31 | -0.03 | -0.01 | 0.02 | 66 | ||
2013-10-16 | 2013-09-30 | -0.13 | 0.04 | 0.17 | 130 | ||
2013-07-23 | 2013-06-30 | -0.15 | 0.03 | 0.18 | 120 | ||
2013-04-30 | 2013-03-31 | -0.14 | -0.32 | -0.18 | 128 | ||
2013-02-28 | 2012-12-31 | -1.77 | -1.01 | 0.76 | 42 | ||
2012-11-09 | 2012-09-30 | -0.6 | -1.22 | -0.62 | 103 | ||
2012-08-02 | 2012-06-30 | -0.56 | -1.36 | -0.8 | 142 | ||
2012-04-23 | 2012-03-31 | -0.46 | -0.1 | 0.36 | 78 | ||
2012-01-24 | 2011-12-31 | -0.82 | -0.67 | 0.15 | 18 | ||
2011-10-21 | 2011-09-30 | -0.75 | -0.82 | -0.07 | 9 | ||
2011-07-18 | 2011-06-30 | 0.01 | -0.75 | -0.76 | 7600 | ||
2011-04-20 | 2011-03-31 | -0.05 | -0.17 | -0.12 | 240 | ||
2011-01-19 | 2010-12-31 | -0.58 | -0.79 | -0.21 | 36 | ||
2010-10-19 | 2010-09-30 | -0.65 | -0.26 | 0.39 | 60 | ||
2010-07-20 | 2010-06-30 | -0.63 | 0.13 | 0.76 | 120 | ||
2010-04-20 | 2010-03-31 | -1.2 | -1.2 | 0.0 | 0 | ||
2010-01-26 | 2009-12-31 | -3.35 | -4.49 | -1.14 | 34 | ||
2009-10-16 | 2009-09-30 | -1.62 | -4.34 | -2.72 | 167 | ||
2009-07-16 | 2009-06-30 | -1.2 | -2.81 | -1.61 | 134 | ||
2009-04-29 | 2009-03-31 | -1.37 | -1.4 | -0.03 | 2 | ||
2009-01-20 | 2008-12-31 | -1.14 | -2.06 | -0.92 | 80 | ||
2008-10-16 | 2008-09-30 | -1.2 | -1.06 | 0.14 | 11 | ||
2008-07-17 | 2008-06-30 | -0.61 | -0.74 | -0.13 | 21 | ||
2008-04-17 | 2008-03-31 | -1.69 | -0.4 | 1.29 | 76 | ||
2008-02-13 | 2007-12-31 | -6.77 | -18.09 | -11.32 | 167 | ||
2007-10-17 | 2007-09-30 | 0.61 | -2.18 | -2.79 | 457 | ||
2007-07-18 | 2007-06-30 | 1.38 | 1.01 | -0.37 | 26 | ||
2007-04-11 | 2007-03-31 | 1.71 | 1.15 | -0.56 | 32 | ||
2007-01-11 | 2006-12-31 | 1.53 | 1.49 | -0.04 | 2 | ||
2006-10-12 | 2006-09-30 | 1.56 | 1.55 | -0.01 | 0 | ||
2006-07-18 | 2006-06-30 | 1.73 | 1.75 | 0.02 | 1 | ||
2006-04-13 | 2006-03-31 | 1.62 | 1.87 | 0.25 | 15 | ||
2006-01-12 | 2005-12-31 | 1.52 | 1.45 | -0.07 | 4 | ||
2005-10-12 | 2005-09-30 | 1.52 | 1.55 | 0.03 | 1 | ||
2005-07-14 | 2005-06-30 | 1.52 | 1.77 | 0.25 | 16 | ||
2005-04-14 | 2005-03-31 | 1.44 | 1.89 | 0.45 | 31 | ||
2005-01-13 | 2004-12-31 | 1.35 | 1.38 | 0.03 | 2 | ||
2004-10-14 | 2004-09-30 | 1.33 | 1.36 | 0.03 | 2 | ||
2004-07-14 | 2004-06-30 | 1.27 | 1.52 | 0.25 | 19 | ||
2004-04-14 | 2004-03-31 | 1.19 | 1.25 | 0.06 | 5 | ||
2004-01-12 | 2003-12-31 | 0.94 | 1.03 | 0.09 | 9 | ||
2003-10-15 | 2003-09-30 | 1.15 | 1.02 | -0.13 | 11 | ||
2003-07-14 | 2003-06-30 | 1.38 | 1.32 | -0.06 | 4 | ||
2003-04-15 | 2003-03-31 | 1.35 | 1.38 | 0.03 | 2 | ||
2003-01-09 | 2002-12-31 | 1.33 | 1.32 | -0.01 | 0 | ||
2002-10-10 | 2002-09-30 | 1.42 | 1.41 | -0.01 | 0 | ||
2002-07-10 | 2002-06-30 | 1.55 | 1.58 | 0.03 | 1 | ||
2002-04-09 | 2002-03-31 | 1.47 | 1.53 | 0.06 | 4 | ||
2002-01-10 | 2001-12-31 | 1.43 | 1.45 | 0.02 | 1 | ||
2001-10-10 | 2001-09-30 | 1.46 | 1.47 | 0.01 | 0 | ||
2001-07-12 | 2001-06-30 | 1.41 | 1.49 | 0.08 | 5 | ||
2001-04-11 | 2001-03-31 | 1.38 | 1.46 | 0.08 | 5 | ||
2001-01-10 | 2000-12-31 | 1.37 | 1.37 | 0.0 | 0 | ||
2000-10-10 | 2000-09-30 | 1.29 | 1.36 | 0.07 | 5 | ||
2000-07-12 | 2000-06-30 | 1.21 | 1.27 | 0.06 | 4 | ||
2000-04-11 | 2000-03-31 | 1.16 | 1.19 | 0.03 | 2 | ||
2000-01-13 | 1999-12-31 | 1.12 | 1.25 | 0.13 | 11 | ||
1999-10-12 | 1999-09-30 | 1.04 | 1.11 | 0.07 | 6 | ||
1999-07-13 | 1999-06-30 | 0.93 | 1.01 | 0.08 | 8 | ||
1999-04-13 | 1999-03-31 | 0.88 | 0.9 | 0.02 | 2 | ||
1999-01-07 | 1998-12-31 | 0.87 | 0.88 | 0.01 | 1 | ||
1998-10-12 | 1998-09-30 | 0.84 | 0.84 | 0.0 | 0 | ||
1998-07-13 | 1998-06-30 | 0.79 | 0.81 | 0.02 | 2 | ||
1998-04-09 | 1998-03-31 | 0.73 | 0.75 | 0.02 | 2 | ||
1998-01-08 | 1997-12-31 | 0.73 | 0.75 | 0.02 | 2 | ||
1997-10-13 | 1997-09-30 | 0.69 | 0.72 | 0.03 | 4 | ||
1997-07-14 | 1997-06-30 | 0.64 | 0.67 | 0.03 | 4 | ||
1997-04-10 | 1997-03-31 | 0.59 | 0.61 | 0.02 | 3 | ||
1997-01-09 | 1996-12-31 | 0.58 | 0.6 | 0.02 | 3 | ||
1996-10-10 | 1996-09-30 | 0.55 | 0.56 | 0.01 | 1 | ||
1996-07-11 | 1996-06-30 | 0.52 | 0.53 | 0.01 | 1 | ||
1996-04-11 | 1996-03-31 | 0.49 | 0.49 | 0.0 | 0 | ||
1996-01-10 | 1995-12-31 | 0.48 | 0.5 | 0.02 | 4 | ||
1995-10-11 | 1995-09-30 | 0.44 | 0.45 | 0.01 | 2 |
MGIC Investment Corporate Directors
| Sheryl Sculley | Independent Director | Profile | |
| Chuck Chaplin | Independent Director | Profile | |
| Timothy Holt | Independent Director | Profile | |
| Mark Zandi | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGIC Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGIC Investment. If investors know MGIC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGIC Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.088 | Dividend Share 0.49 | Earnings Share 2.89 | Revenue Per Share | Quarterly Revenue Growth 0.062 |
The market value of MGIC Investment Corp is measured differently than its book value, which is the value of MGIC that is recorded on the company's balance sheet. Investors also form their own opinion of MGIC Investment's value that differs from its market value or its book value, called intrinsic value, which is MGIC Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGIC Investment's market value can be influenced by many factors that don't directly affect MGIC Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGIC Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGIC Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGIC Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.