Stock Symbol:   

Stoxline Mobile
Home  |  Stock Charts  |  Showcases  |  Stock Ranks  |  Options  |  ETFs  |  Educations  |  Forex Crypto

MGIC Investment Corporation (MTG)

12.76   0.38 (3.07%) 03-24 16:00
Open: 12.2 Pre. Close: 12.38
High: 12.81 Low: 12.16
Volume: 3,967,053 Market Cap: 3,706(M)

Technical analysis

as of: 2023-03-24 4:28:07 PM
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)

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.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 12.82 - 12.88 12.88 - 12.94
Low: 12.02 - 12.08 12.08 - 12.14
Close: 12.65 - 12.76 12.76 - 12.86

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

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.
Free Technical Analysis Charts

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 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.) 15.81
Profit Margin (%) 73.7
Operating Margin (%) 100.4
Return on Assets (ttm) 10.8
Return on Equity (ttm) 18.2
Qtrly Rev. Growth -0.7
Gross Profit (p.s.) 4.13
Sales Per Share 4.02
EBITDA (p.s.) 4.23
Qtrly Earnings Growth 22.3
Operating Cash Flow 650 (M)
Levered Free Cash Flow 803 (M)

Stock Valuations

PE Ratio 4.63
PEG Ratio 1.9
Price to Book value 0.8
Price to Sales 3.16
Price to Cash Flow 5.7

Stock Dividends

Dividend 0.1
Forward Dividend 0
Dividend Yield 0.7%
Dividend Pay Date 2021-11-22
Ex-Dividend Date 2021-11-08
Your Ad Here
StockChart iOS
StoxlineLite iOS
StoxlineLite iOS
OptionCalc iOS
StockChart Android
StoxlineLite Android
StoxlinePro Android
OptionCalc Android
(c) 2006-2022 | Contact us           
Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither nor its data provider shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the web site, a user agrees not to redistribute the information found therein.