MTG
Price:
$23.86
Market Cap:
$6.05B
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
According to MGIC Investment Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 8.43. This represents a change of 8.75% compared to the average of 7.75 of the last 4 quarters.
The mean historical PE Ratio of MGIC Investment Corporation over the last ten years is 8.24. The current 8.43 PE Ratio has changed 10.13% 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
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% |
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’s PE Ratio is greater than MBIA Inc. (-0.51), greater than NMI Holdings, Inc. (8.20), greater than Essent Group Ltd. (7.66), greater than Assured Guaranty Ltd. (6.34), less than Employers Holdings, Inc. (9.42), greater than James River Group Holdings, Ltd. (-1.14), less than ICC Holdings, Inc. (10.82), greater than Radian Group Inc. (8.08), greater than Ambac Financial Group, Inc. (-30.97), less than AMERISAFE, Inc. (16.09), less than Investors Title Company (15.76),
Company | PE Ratio | Market cap |
---|---|---|
-0.51 | $291.89M | |
8.20 | $2.92B | |
7.66 | $5.69B | |
6.34 | $4.52B | |
9.42 | $1.26B | |
-1.14 | $189.53M | |
10.82 | $73.54M | |
8.08 | $4.75B | |
-30.97 | $585.45M | |
16.09 | $988.89M | |
15.76 | $449.83M |
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