MGIC Investment Corporation
MTG
Price:
$25.5
Market Cap:
$6.46B
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 brok...[Read more]
Industry
Insurance - Specialty
IPO Date
1991-08-07
Stock Exchange
NYSE
Ticker
MTG
PE Ratio
[9.01]
ROE
[14.82%]
Current Ratio
[0.68]
Dividend Yield
[1.92%]
Enterprise Value
[6.81B]
Dividend History
The PE Ratio as of November 2024 (TTM) for MGIC Investment Corporation (MTG) is 9.01
According to MGIC Investment Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 9.01. This represents a change of 16.23% compared to the average of 7.75 of the last 4 quarters.
MGIC Investment Corporation (MTG) Historical PE Ratio (quarterly & annually)
How has MTG PE Ratio performed in the past?
The mean historical PE Ratio of MGIC Investment Corporation over the last ten years is 8.24. The current 9.01 PE Ratio has changed 10.84% with respect to the historical average. Over the past ten years (40 quarters), MTG's PE Ratio was at its highest in in the June 2020 quarter at 49.35. The PE Ratio was at its lowest in in the September 2015 quarter at 0.96.
Average
8.24
Median
7.63
Minimum
2.56
Maximum
14.37
MGIC Investment Corporation (MTG) PE Ratio by Quarter and Year
Discovering the peaks and valleys of MGIC Investment Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 298.76%
Maximum Annual PE Ratio = 14.37
Minimum Annual Increase = -121.90%
Minimum Annual PE Ratio = 2.56
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 7.67 | 67.01% |
| 2022 | 4.59 | -39.48% |
| 2021 | 7.59 | -20.61% |
| 2020 | 9.56 | 28.89% |
| 2019 | 7.42 | 26.48% |
| 2018 | 5.87 | -59.18% |
| 2017 | 14.37 | 40.89% |
| 2016 | 10.20 | 298.76% |
| 2015 | 2.56 | -79.57% |
| 2014 | 12.52 | -121.90% |
MGIC Investment Corporation (MTG) Average PE Ratio
How has MTG PE Ratio performed in the past?
The current PE Ratio of MGIC Investment Corporation (MTG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
6.62
5-year avg
7.37
10-year avg
8.24
MGIC Investment Corporation (MTG) PE Ratio vs. Peers
How is MTG’s PE Ratio compared to its peers?
MGIC Investment Corporation’s PE Ratio is greater than MBIA Inc. (-0.63), greater than NMI Holdings, Inc. (8.62), greater than Essent Group Ltd. (8.11), greater than Assured Guaranty Ltd. (6.65), less than Employers Holdings, Inc. (9.74), greater than James River Group Holdings, Ltd. (-1.01), less than ICC Holdings, Inc. (10.73), greater than Radian Group Inc. (8.86), less than Ambac Financial Group, Inc. (49.87), less than AMERISAFE, Inc. (18.19), less than Investors Title Company (18.67),
| Company | PE Ratio | Market cap |
|---|---|---|
| -0.63 | $358.74M | |
| 8.62 | $3.06B | |
| 8.11 | $6.03B | |
| 6.65 | $4.74B | |
| 9.74 | $1.32B | |
| -1.01 | $168.34M | |
| 10.73 | $72.94M | |
| 8.86 | $5.21B | |
| 49.87 | $595.41M | |
| 18.19 | $1.12B | |
| 18.67 | $533.01M |
Build a custom stock screener for MGIC Investment Corporation (MTG) and other stocks
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like MGIC Investment Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
MGIC Investment Corporation (MTG) and other stocks custom spreadsheet templates
The easiest way to analyze a company like MGIC Investment Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
Frequently asked questions❓
What is the PE Ratio?
How can you use the PE Ratio?
What is MGIC Investment Corporation's PE Ratio?
How is the PE Ratio calculated for MGIC Investment Corporation (MTG)?
What is the highest PE Ratio for MGIC Investment Corporation (MTG)?
What is the 3-year average PE Ratio for MGIC Investment Corporation (MTG)?
What is the 5-year average PE Ratio for MGIC Investment Corporation (MTG)?
How does the current PE Ratio for MGIC Investment Corporation (MTG) compare to its historical average?