MGIC Investment Corporation logo MTG - MGIC Investment Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 12
HOLD 8
SELL 2
STRONG
SELL
0
| PRICE TARGET: $29.00 DETAILS
HIGH: $30.00
LOW: $28.00
MEDIAN: $29.00
CONSENSUS: $29.00
UPSIDE: 11.39%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 1,213.7 1,207.7 1,155.1 1,172.8 1,185.7 1,199.1 1,214.0 1,123.8 1,066.1 1,062.5 1,041.3 942.6 1,039.4 1,378.4 1,504.3 1,520.5 1,708.5 1,721.5 1,693.2 1,469.2 1,526.5 1,612.7 1,685.4 1,484.6 1,314.5 1,088.5 996.8 971.7 868.3 745.6 617.9 502.2 403.5
Cost of Revenue 61.9 (5.9) (10.0) (242.2) 77.2 377.2 130.6 48.5 64.8 249.8 328.6 479.0 824.0 2,013.7 1,677.4 1,563.3 3,405.9 3,829.8 3,885.9 904.5 828.9 979.8 1,068.5 631.4 395.3 292.8 295.3 401.4 399.6 380.8 0 0 0
Gross Profit 1,151.8 1,213.6 1,165.1 1,415.0 1,108.5 822.0 1,083.4 1,075.4 1,001.2 812.7 712.7 463.6 215.4 (635.3) (173.2) (42.7) (1,697.3) (2,108.3) (2,192.7) 564.7 697.6 632.9 616.9 853.2 919.2 795.7 701.4 570.3 468.7 364.8 617.9 502.2 403.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 47 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Expenses 176.2 244.9 262.9 324.9 306.7 262.7 235.4 231.2 216.7 298.0 225.0 208.9 261.5 293.3 311.1 316.7 67.7 (1,160.6) 42.0 39.3 41.1 41.1 41.1 36.8 30.6 28.8 20.4 15.7 (393.2) (377.0) 3.8 3.9 3.9
Operating Expenses 223.2 244.9 262.9 324.9 306.7 262.7 235.4 231.2 216.7 298.0 225.0 208.9 261.5 293.3 311.1 316.7 67.7 (1,160.6) 42.0 39.3 41.1 41.1 41.1 36.8 30.6 28.8 20.4 15.7 (393.2) (377.0) 3.8 3.9 3.9
Operating Income
Operating Income 928.5 968.7 902.2 1,090.0 801.8 559.3 848.0 844.1 784.5 514.7 487.7 254.7 (46.2) (928.6) (484.3) (359.4) (1,765.1) (947.6) (2,234.7) 525.3 656.5 591.8 575.8 816.4 888.5 766.9 681.0 554.6 861.9 741.8 614.1 498.3 399.6
Interest Expense 34.5 35.6 36.9 48.1 71.4 59.6 52.7 53.0 57.0 56.7 68.9 69.6 79.7 99.3 103.3 98.6 89.3 81.1 42.0 39.3 41.1 41.1 41.1 36.8 30.6 28.8 20.4 18.6 6.4 3.8 3.8 3.9 3.9
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 971.1 1,022.7 974.4 1,192.3 939.2 676.7 949.4 955.4 906.0 632.7 609.2 373.2 102.7 (729.2) (296.2) (199.9) (1,615.4) (832.9) (2,167.5) 587.0 736.9 680.6 667.6 891.3 949.7 802.6 713.2 581.0 36 39.5 42.1 6.5 5.9
EBIT 964.1 1,004.3 939.1 1,138.1 873.1 618.9 900.6 897.1 841.5 571.4 556.6 324.4 33.5 (829.3) (381.0) (260.8) (1,675.8) (866.6) (2,192.7) 564.7 697.6 632.9 616.9 853.2 919.2 795.7 701.4 573.2 6.4 3.8 3.8 3.9 3.9
Income Before Tax 928.5 968.7 902.2 1,090.0 801.8 559.3 848.0 844.1 784.5 514.7 487.7 254.7 (46.2) (928.6) (484.3) (359.4) (1,765.1) (947.6) (2,234.7) 525.3 656.5 591.8 575.8 816.4 888.5 766.9 681.0 554.6 465.4 365 291.4 217.1 174.8
Income Tax Expense 190.2 205.7 189.3 224.7 166.8 113.2 174.2 174.1 428.7 172.2 (684.3) 2.8 3.7 (1.6) 1.6 4.3 (442.8) (397.8) (834.0) (130.1) 176.9 159.3 146.0 241.0 (277.6) (239.2) 210.8 169.1 141.6 107 83.8 57.6 47.5
Net Income 738.3 763.0 712.9 865.3 635.0 446.1 673.8 670.1 355.8 342.5 1,172 251.9 (49.8) (927.1) (485.9) (363.7) (1,322.3) (525.4) (1,670.0) 564.7 626.9 553.2 493.9 629.2 639.1 542.0 470.2 385.5 323.8 258 207.6 159.5 127.3
Per Share Data
EPS (Basic) 3.17 2.92 2.52 2.83 1.90 1.31 1.91 1.78 0.98 1.00 3.45 0.74 -0.15 -4.59 -2.42 -1.81 -10.65 -4.69 -20.54 6.70 6.83 5.67 5.00 6.07 6.02 5.05 4.35 3.44 2.78 2.17 1.75 1.35 1.08
EPS (Diluted) 3.14 2.89 2.49 2.79 1.85 1.29 1.85 1.74 0.95 0.86 2.60 0.64 -0.15 -4.59 -2.42 -1.81 -10.65 -4.55 -20.54 6.65 6.78 5.63 4.99 6.04 5.93 5.05 4.30 3.39 2.75 2.17 1.75 1.35 1.08
Shares Outstanding 225.7 261.7 283.6 305.8 334.3 340.0 352.8 375.8 362.4 342.9 339.6 338.6 337.8 201.9 201.2 200.4 124.2 110.6 81.3 84.3 92.4 97.5 98.8 103.7 107.2 107.3 108.1 112.1 116.5 118.9 118.6 118.1 117.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 375.5 229.5 363.7 327.4 284.7 288.0 161.8 151.9 99.9 155.4 1,185.7 1,097.3 2.8 23.6 11.0 26.4 5.6 2.3 4.7 4.9 3.9 0 0 0
Short-Term Investments 0 5,851.7 5,723.1 5,409.7 6,587.6 6,661.6 5,737.9 0 0 0 0 0 163.6 137.7 102.2 160.0 151.6 107.7 172.2 114.7 140.1 0 0 0
Net Receivables 58.2 170.1 160.5 159.5 211.6 151.8 78.7 91.4 106.4 107.8 365.3 468.1 0 0 118.8 35.3 41.9 42.5 54.3 35.7 41.6 0 0 0
Inventory 0 0 0 0 0 0 0 5,217.1 5,048.5 4,749.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets (433.7) 5.1 7.0 5.5 20.3 (7,101.3) (5,978.5) 741.0 741.7 685.6 (1,554.6) (1,569.8) 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 0 6,256.4 6,254.2 5,902.1 7,104.2 0 0 5,366.0 5,137.2 4,893.0 0 0 15.8 18.2 240.2 221.7 199.1 152.5 231.1 155.3 185.5 0 0 0
Non-Current Assets
Property, Plant & Equipment 32.5 35.7 38.8 41.4 45.6 47.1 50.1 51.7 44.9 36.1 29.6 32.3 36.4 36.7 36.0 34.8 31.3 32.9 32.4 33.8 35.0 38.8 40.7 36.3
Goodwill 0 0 0 0 0 0 0 (204.4) (211.4) (307.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 8.4 11.7 14.6 19.1 21.7 0 0 17.9 18.8 17.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 5,807.7 15.9 15.6 15.0 19.2 6,679.8 5,755.2 5,159.0 4,990.6 4,692.4 7,254.5 7,045.5 5,582.6 5,205.2 4,726.5 4,069.4 3,472.2 2,789.7 2,779.7 2,416.7 2,032.2 0 0 0
Other Non-Current Assets 791.0 157.7 135.4 111.4 134.4 (6,727.0) (5,805.3) (4,899.0) (4,553.2) (3,886.9) (7,284.0) (7,077.8) (5,619.0) (5,241.9) (4,762.4) (4,104.2) (3,503.5) (2,822.6) (2,812.1) (2,450.5) (2,067.2) (38.8) (40.7) (36.3)
Total Non-Current Assets 6,639.5 290.8 284.2 311.7 220.8 0 0 311.8 482.3 841.5 0 0 5,619.0 5,241.9 4,762.4 4,104.2 3,503.5 2,822.6 2,812.1 2,450.5 2,067.2 0 0 0
Total Assets 6,639.5 6,547.2 6,538.4 6,213.8 7,325.0 7,354.5 6,229.6 5,677.8 5,619.5 5,734.5 9,404.4 9,146.7 6,380.7 5,917.4 5,300.3 4,567.0 3,857.8 3,104.4 3,050.5 2,617.7 2,222.3 1,874.7 1,476.3 1,343.2
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 35.4 0 0 0
Deferred Revenue 93.0 120.4 157.8 195.3 241.7 0 0 0 0 0 0 0 0 (599.7) 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities (93.0) 462.7 505.4 558.0 883.5 0 0 0 0 0 0 0 1,624.9 1,402.7 1,094.1 993.8 0 0 937.0 865.7 762.3 0 0 0
Total Current Liabilities 0 583.0 663.2 753.3 1,125.2 0 0 1,264.3 1,634.5 2,006.9 0 0 1,597.8 1,520.8 1,227.9 1,074.7 995.5 903.4 968 893.4 820.8 0 0 0
Non-Current Liabilities
Long-Term Debt 646.1 644.7 643.2 662.8 1,146.7 1,243.2 832.7 831.6 830.4 1,178.7 668.9 970.9 639.3 599.7 677.2 472.1 397.4 425 442 237.5 35.4 35.8 36.1 36.5
Deferred Tax Liabilities 0 0 0 0 0 0 0 13.9 24.3 28.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 845.8 147.2 160.0 155.0 191.7 (1,243.2) (832.7) 0 0 0 (668.9) (970.9) (639.3) (599.7) (0.0) (0.0) (397.4) (425) (442) (237.5) (35.4) (35.8) (36.1) (36.5)
Total Non-Current Liabilities 1,491.9 791.8 803.2 817.8 1,338.4 0 0 831.6 830.4 1,178.7 0 0 639.3 599.7 677.2 472.1 397.4 425 442 237.5 35.4 35.8 36.1 36.5
Total Liabilities 1,491.9 1,374.9 1,466.4 1,571.1 2,463.6 2,655.5 1,920.3 2,095.9 2,465.0 3,185.7 8,101.8 6,712.5 2,237.1 2,120.5 1,905.1 1,546.8 1,392.9 1,328.4 1,410.0 1,130.9 856.2 753.3 638.2 631.1
Stockholders' Equity
Common Stock 219.4 248.4 371.4 371.4 371.4 371.4 371.4 371.4 370.6 359.4 130.2 130.1 122.3 121.6 121.4 121.1 121.1 121.1 121.1 121.1 60.6 0 0 0
Retained Earnings 3,250.1 3,403.9 4,593.1 4,004.3 3,250.7 2,642.1 2,278.7 1,647.3 977.2 632.6 924.7 2,247.2 4,941.0 4,411.1 3,928.4 3,309.6 2,681.1 2,149.7 1,690.4 1,316.1 1,003.4 754.8 556.6 408.5
Accumulated Other Comprehensive Income (134.4) (288.2) (316.3) (481.5) 119.7 216.8 72.7 (124.2) (43.8) (75.1) 74.2 (106.8) 123.4 140.7 147.9 46.6 75.8 (40.7) 94.6 84.0 40.7 0 0 0
Total Stockholders' Equity 5,147.6 5,172.4 5,072.0 4,642.7 4,861.4 4,699.0 4,309.2 3,581.9 3,154.5 2,548.8 1,302.6 2,434.2 4,143.6 3,796.9 3,395.2 3,020.2 2,464.9 1,776.0 1,640.6 1,486.8 1,366.1 1,121.4 838.1 712.1
Total Liabilities & Equity 6,639.5 6,547.2 6,538.4 6,213.8 7,325.0 7,354.5 6,229.6 5,677.8 5,619.5 5,734.5 9,404.4 9,146.7 6,380.7 5,917.4 5,300.3 4,567.0 3,857.8 3,104.4 3,050.5 2,617.7 2,222.3 1,874.7 1,476.3 1,343.2
Debt Metrics
Total Debt 646.1 644.7 643.2 662.8 1,146.7 1,243.2 832.7 831.6 830.4 1,178.7 668.9 970.9 639.3 599.7 677.2 472.1 397.4 425 442 237.5 35.4 35.8 36.1 36.5
Net Debt 270.6 415.2 279.5 335.4 862.0 955.2 670.9 679.7 730.6 1,023.3 (516.9) (126.4) 636.5 576.1 666.2 445.7 391.8 422.7 437.4 232.6 31.6 35.8 36.1 36.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 738.3 763.0 712.9 865.3 635.0 446.1 673.8 670.1 355.8 342.5 626.9 553.2 493.9 629.2 639.1 542.0 470.2 385.5 323.8 258.0 207.6 159.5 127.3
Depreciation & Amortization 0 18.4 35.2 54.3 66.0 57.8 48.8 58.2 64.4 61.3 39.3 47.7 50.7 12.3 8.3 6.9 11.7 7.7 8.2 9.0 38.3 2.6 2
Stock-Based Compensation 0 31.3 31.6 24.8 17.1 13.8 0 20.9 14.9 11.4 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 64.2 (100) (82.0) (337.7) (58.0) 173.0 (118.8) (371.7) (368.4) (428.1) (31.3) 94.7 299.3 191.8 (55.6) (89.6) (61.0) (16.4) 32.2 89.7 158.3 167.4 (0.9)
Other Non-Cash Items 50.3 9.8 14.1 47.7 31.1 14.2 (5.3) 9.5 6.6 81.6 (126.5) (136.3) (157.2) (220.0) 34.3 91.8 34.0 44.1 (0.2) 11.1 (117.7) (90) 84.3
Operating Cash Flow 852.8 725.0 713.0 650.0 696.3 732.3 609.5 544.5 406.7 219.7 508.4 559.2 686.6 613.3 626.1 551.0 455.0 420.9 364.0 367.8 286.5 239.5 212.7
Investing Activities
Capital Expenditure (1.0) (1.2) (2.0) (3.3) (4.1) (3.3) (5.6) (14.2) (16.1) (10.6) 0 0 0 0 0 0 0 0 0 0 0 0 0
Acquisitions 0 0 0 (688.5) 0 0 0 (785.5) 287.6 88.1 2.7 (12.1) (7.8) (17.5) (15) (19.2) (13.6) (33.4) 0 0 0 0 0
Purchases of Investments (1,621.3) (1,555.6) (1,469.5) (674.4) (1,531.1) (2,637.0) (1,394.4) (1,459.2) (1,293.6) (1,360.4) (1,595.4) (1,782.4) (3,822.8) (2,804.0) (2,801.7) (1,822.3) (1,237.6) (920.0) (112.8) (1,095.6) (549) (242.6) (281.6)
Sales/Maturities of Investments 110.9 45.1 1,292.3 1,088.1 1,374.5 1,867.8 978.0 1,155.6 1,006.0 1,277.5 1,649.3 1,397.7 3,370.9 2,299.5 2,215.0 1,363.4 953.9 645.5 454.0 781.1 189.1 87.5 112.5
Other Investing Activities 1,739.8 1,369.7 0 688.5 0 0 0 785.5 (287.6) (88.1) 0 0 0 0 0 0 0 0 (685.2) 0 0 0 0
Investing Cash Flow 228.4 (142.0) (179.2) 410.5 (160.7) (772.5) (422.1) (317.8) (303.6) (93.4) 56.6 (396.8) (459.6) (522.1) (601.8) (478.1) (297.4) (307.9) (344.0) (314.5) (359.9) (155.1) (169.1)
Financing Activities
Net Debt Issuance 0 0 (28.6) (486.4) (98.6) 424.1 0 0 (151.8) 54.5 40.6 37.8 (78.9) 202.1 72.1 (27.7) (17) 204.5 198.3 (4.2) (0.3) (0.3) (0.3)
Stock Repurchased (788.6) (569.5) (337.2) (385.6) (290.8) (120.0) (125.8) (163.4) (6.8) (147.1) (533.8) (205.0) (94.1) (373.1) (73.5) (6.2) (200.5) (246.8) (248.4) (0.4) 6.1 2.2 0.7
Dividends Paid (132.5) (130.5) (123.0) (110.9) (94.2) (82.1) (41.9) 0 0 0 (48.4) (22.0) (11.1) (10.4) (10.7) (10.6) (10.8) (11.2) (11.0) (9.4) (9.4) (9.3) (8.5)
Other Financing Activities (19.1) (19.1) (7.3) (49.6) (43.6) (54.2) (5.7) (8.1) 0 (54.4) 0 0 0 0 0 0 0 0 (0.1) 0 0 (0.1) 0.1
Financing Cash Flow (940.3) (719.0) (496.0) (1,032.5) (527.3) 167.8 (173.4) (171.6) (158.6) (152.0) (536.2) (157.2) (179.0) (164.3) 4.8 (25.8) (224.4) (55.8) (44.3) 0.4 (3.6) (7.5) (8)
Cash Position
Net Change in Cash 140.9 (136.0) 37.7 28.0 8.3 127.6 14.0 55.2 (55.6) (25.7) 28.8 5.1 48.1 (73.1) 29.2 47.1 (66.8) 57.2 (24.3) 53.7 (3.6) (7.5) (8)
Cash at Beginning 234.6 370.6 332.9 305.0 296.7 169.1 155.0 99.9 155.4 181.1 166.5 161.3 113.3 186.4 157.2 110.1 176.9 119.6 144.0 90.3 167.3 90.4 54.8
Cash at End 375.5 234.6 370.6 332.9 305.0 296.7 169.1 155.0 99.9 155.4 195.3 166.5 161.3 113.3 186.4 157.2 110.1 176.9 119.6 144.0 163.7 82.9 46.8
Free Cash Flow 851.8 723.9 711.0 646.8 692.2 729.0 603.9 530.3 390.6 209.1 508.4 559.2 686.6 613.3 626.1 551.0 455.0 420.9 364.0 367.8 286.5 239.5 212.7
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 1,213.7 1,207.7 1,155.1 1,172.8 1,185.7 1,199.1 1,214.0 1,123.8 1,066.1 1,062.5 1,041.3 942.6 1,039.4 1,378.4 1,504.3 1,520.5 1,708.5 1,721.5 1,693.2 1,469.2 1,526.5 1,612.7 1,685.4 1,484.6 1,314.5 1,088.5 996.8 971.7 868.3 745.6 617.9 502.2 403.5
Gross Profit 1,151.8 1,213.6 1,165.1 1,415.0 1,108.5 822.0 1,083.4 1,075.4 1,001.2 812.7 712.7 463.6 215.4 (635.3) (173.2) (42.7) (1,697.3) (2,108.3) (2,192.7) 564.7 697.6 632.9 616.9 853.2 919.2 795.7 701.4 570.3 468.7 364.8 617.9 502.2 403.5
Operating Income 928.5 968.7 902.2 1,090.0 801.8 559.3 848.0 844.1 784.5 514.7 487.7 254.7 (46.2) (928.6) (484.3) (359.4) (1,765.1) (947.6) (2,234.7) 525.3 656.5 591.8 575.8 816.4 888.5 766.9 681.0 554.6 861.9 741.8 614.1 498.3 399.6
Net Income 738.3 763.0 712.9 865.3 635.0 446.1 673.8 670.1 355.8 342.5 1,172 251.9 (49.8) (927.1) (485.9) (363.7) (1,322.3) (525.4) (1,670.0) 564.7 626.9 553.2 493.9 629.2 639.1 542.0 470.2 385.5 323.8 258 207.6 159.5 127.3
EPS (Diluted) 3.14 2.89 2.49 2.79 1.85 1.29 1.85 1.74 0.95 0.86 2.60 0.64 -0.15 -4.59 -2.42 -1.81 -10.65 -4.55 -20.54 6.65 6.78 5.63 4.99 6.04 5.93 5.05 4.30 3.39 2.75 2.17 1.75 1.35 1.08
Balance Sheet
Cash & Equivalents 375.5 229.5 363.7 327.4 284.7 288.0 161.8 151.9 99.9 155.4 1,185.7 1,097.3 2.8 23.6 11.0 26.4 5.6 2.3 4.7 4.9 3.9 0 0 0
Total Assets 6,639.5 6,547.2 6,538.4 6,213.8 7,325.0 7,354.5 6,229.6 5,677.8 5,619.5 5,734.5 9,404.4 9,146.7 6,380.7 5,917.4 5,300.3 4,567.0 3,857.8 3,104.4 3,050.5 2,617.7 2,222.3 1,874.7 1,476.3 1,343.2
Total Debt 646.1 644.7 643.2 662.8 1,146.7 1,243.2 832.7 831.6 830.4 1,178.7 668.9 970.9 639.3 599.7 677.2 472.1 397.4 425 442 237.5 35.4 35.8 36.1 36.5
Stockholders' Equity 5,147.6 5,172.4 5,072.0 4,642.7 4,861.4 4,699.0 4,309.2 3,581.9 3,154.5 2,548.8 1,302.6 2,434.2 4,143.6 3,796.9 3,395.2 3,020.2 2,464.9 1,776.0 1,640.6 1,486.8 1,366.1 1,121.4 838.1 712.1
Cash Flow
Operating Cash Flow 852.8 725.0 713.0 650.0 696.3 732.3 609.5 544.5 406.7 219.7 508.4 559.2 686.6 613.3 626.1 551.0 455.0 420.9 364.0 367.8 286.5 239.5 212.7
Capital Expenditure (1.0) (1.2) (2.0) (3.3) (4.1) (3.3) (5.6) (14.2) (16.1) (10.6) 0 0 0 0 0 0 0 0 0 0 0 0 0
Free Cash Flow 851.8 723.9 711.0 646.8 692.2 729.0 603.9 530.3 390.6 209.1 508.4 559.2 686.6 613.3 626.1 551.0 455.0 420.9 364.0 367.8 286.5 239.5 212.7