MGIC Investment Corporation (MTG) |
12.76 0.38 (3.07%)
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03-24 16:00 |
Open: |
12.2 |
Pre. Close: |
12.38 |
High:
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12.81 |
Low:
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12.16 |
Volume:
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3,967,053 |
Market Cap:
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3,706(M) |
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Technical analysis |
as of: 2023-03-24 4:28:07 PM |
Overall:
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Stoxline posted a BUY today, upgraded from lower rating. Upward movement to be expected. |
Target: |
Six months: 15.7 One year: 16.64 |
Support: |
Support1: 12.15 Support2: 10.11 |
Resistance: |
Resistance1: 13.44 Resistance2: 14.25 |
Pivot: |
12.91  |
Moving Average: |
MA(5): 12.61 MA(20): 13.13 
MA(100): 13.38 MA(250): 13.44  |
MACD: |
MACD(12,26): -0.4 Signal(9): -0.3  |
Stochastic oscillator: |
%K(14,3): 18.8 %D(3): 20.8  |
RSI: |
RSI(14): 43.2  |
52-week: |
High: 15.76 Low: 11.37 |
Average Vol(K): |
3-Month: 3,193 (K) 10-Days: 5,710 (K) |
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Price, moving averages and Bollinger Bands |
Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.[ MTG ] has closed above bottom band by 42.2%. Bollinger Bands are 84.2% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 9 days. This is a sign that the current trend might continue. |
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Stock Price Prediction |
Update at 5:00pm EST |
If tomorrow:
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Open lower
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Open higher
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High:
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12.82 - 12.88 |
12.88 - 12.94 |
Low:
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12.02 - 12.08 |
12.08 - 12.14 |
Close:
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12.65 - 12.76 |
12.76 - 12.86 |
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Company Description |
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, 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 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. |
Headline News |
Sun, 26 Mar 2023 Guru Fundamental Report for MTG - Nasdaq
Sun, 26 Mar 2023 MGIC Investment Co. (NYSE:MTG) Given Consensus Rating of ... - MarketBeat
Sat, 25 Mar 2023 Shares Of MGIC Investment Corporation (NYSE: MTG): Are They ... - Stocks Register
Fri, 24 Mar 2023 MGIC Investment Corporation (MTG) Stock: Tracking the Weekly ... - The News Heater
Thu, 23 Mar 2023 Rocket Cos. Inc. stock underperforms Thursday when compared to competitors - MarketWatch
Tue, 21 Mar 2023 Teachers Retirement System of The State of Kentucky Invests $2.58 ... - MarketBeat
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Financial Analysis |
Price to Book Value: |
Outperform |
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly. |
Price to Earnings: |
Outperform |
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). |
Discounted cash flow: |
Outperform |
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows. |
Return on Assets: |
Neutral |
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit. |
Return on Equity: |
Neutral |
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency. |
Debt to Equity: |
Neutral |
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn. |
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Free Technical Analysis Charts
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Stock Basics & Statistics |
Exchange: NYSE |
Sector: Financial Services |
Industry: Insurance—Specialty |
Shares Out. |
290 (M) |
Shares Float |
287 (M) |
% Held by Insiders
|
1.6 (%) |
% Held by Institutions
|
100.2 (%) |
Shares Short
|
10,720 (K) |
Shares Short P.Month
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13,290 (K) |
Stock Financials |
EPS
|
2.75 |
EPS Est Next Qtl
|
0.28 |
EPS Est This Year
|
1.2 |
EPS Est Next Year
|
1.21 |
Book Value (p.s.)
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15.81 |
Profit Margin (%)
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73.7 |
Operating Margin (%)
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100.4 |
Return on Assets (ttm)
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10.8 |
Return on Equity (ttm)
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18.2 |
Qtrly Rev. Growth
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-0.7 |
Gross Profit (p.s.)
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4.13 |
Sales Per Share
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4.02 |
EBITDA (p.s.)
|
4.23 |
Qtrly Earnings Growth
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22.3 |
Operating Cash Flow
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650 (M) |
Levered Free Cash Flow
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803 (M) |
Stock Valuations |
PE Ratio
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4.63 |
PEG Ratio
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1.9 |
Price to Book value
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0.8 |
Price to Sales
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3.16 |
Price to Cash Flow
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5.7 |
Stock Dividends |
Dividend
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0.1 |
Forward Dividend
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0 |
Dividend Yield
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0.7% |
Dividend Pay Date
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2021-11-22 |
Ex-Dividend Date
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2021-11-08 |
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