MTG
Price:
$24.91
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
According to MGIC Investment Corporation’s latest financial reports and current stock price. The company's current ROE is 14.81%. This represents a change of 299.95% compared to the average of 3.70% of the last 4 quarters.
The mean historical ROE of MGIC Investment Corporation over the last ten years is 19.10%. The current 14.81% ROE has changed -22.49% with respect to the historical average. Over the past ten years (40 quarters), MTG's ROE was at its highest in in the September 2015 quarter at 38.30%. The ROE was at its lowest in in the June 2020 quarter at 0.32%.
Average
19.10%
Median
14.85%
Minimum
9.49%
Maximum
52.41%
Discovering the peaks and valleys of MGIC Investment Corporation ROE, 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 = 115.70%
Maximum Annual ROE = 52.41%
Minimum Annual Increase = -462.92%
Minimum Annual ROE = 9.49%
Year | ROE | Change |
---|---|---|
2023 | 14.06% | -24.58% |
2022 | 18.64% | 42.70% |
2021 | 13.06% | 37.59% |
2020 | 9.49% | -39.28% |
2019 | 15.64% | -16.42% |
2018 | 18.71% | 65.88% |
2017 | 11.28% | -16.08% |
2016 | 13.44% | -74.36% |
2015 | 52.41% | 115.70% |
2014 | 24.30% | -462.92% |
The current ROE of MGIC Investment Corporation (MTG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
15.25%
5-year avg
14.18%
10-year avg
19.10%
MGIC Investment Corporation’s ROE is less than MBIA Inc. (40.04%), less than NMI Holdings, Inc. (18.01%), less than Essent Group Ltd. (14.40%), less than Assured Guaranty Ltd. (13.01%), less than Employers Holdings, Inc. (12.04%), greater than James River Group Holdings, Ltd. (-15.60%), less than ICC Holdings, Inc. (5.48%), less than Radian Group Inc. (15.96%), less than Ambac Financial Group, Inc. (5.67%), less than AMERISAFE, Inc. (18.55%), less than Investors Title Company (10.32%),
Company | ROE | Market cap |
---|---|---|
40.04% | $169.92M | |
18.01% | $3.23B | |
14.40% | $6.65B | |
13.01% | $4.10B | |
12.04% | $1.18B | |
-15.60% | $246.62M | |
5.48% | $71.74M | |
15.96% | $5.26B | |
5.67% | $511.41M | |
18.55% | $925.19M | |
10.32% | $412.68M |
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