Mgic Investment Corp financial data

Symbol
MTG on NYSE
Industry
Surety Insurance
Location
250 East Kilbourn Avenue, Milwaukee, WI
State of incorporation
Wisconsin
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 28.7 % -13.9%
Return On Equity 14.8 % -11.5%
Return On Assets 11.5 % -8.37%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 259M shares -8.18%
Common Stock, Shares, Outstanding 261M shares -7.77%
Entity Public Float 4.4B USD -4.35%
Common Stock, Value, Issued 371M USD 0%
Weighted Average Number of Shares Outstanding, Basic 265M shares -7.2%
Weighted Average Number of Shares Outstanding, Diluted 267M shares -7.84%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.18B USD +1.76%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 944M USD -4.91%
Income Tax Expense (Benefit) 198M USD -3.76%
Net Income (Loss) Attributable to Parent 746M USD -5.21%
Earnings Per Share, Basic 2.72 USD/shares +1.87%
Earnings Per Share, Diluted 2.71 USD/shares +2.65%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 282M USD -9.31%
Deferred Income Tax Assets, Net 90.6M USD -18.2%
Property, Plant and Equipment, Net 36.7M USD -7.44%
Assets 6.52B USD +2.68%
Liabilities 1.41B USD -6.77%
Accumulated Other Comprehensive Income (Loss), Net of Tax -333M USD +21.6%
Retained Earnings (Accumulated Deficit) 4.91B USD +14.4%
Stockholders' Equity Attributable to Parent 5.12B USD +5.63%
Liabilities and Equity 6.52B USD +2.68%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 191M USD -10.2%
Net Cash Provided by (Used in) Financing Activities -148M USD -30.1%
Net Cash Provided by (Used in) Investing Activities 26M USD
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 371M shares 0%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 288M USD -9.13%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 109M USD -24.5%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 838M USD +21.8%
Lessee, Operating Lease, Liability, to be Paid 2.54M USD -0.78%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.02M USD +22.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.14M USD +25.7%
Deferred Income Tax Expense (Benefit) 6.13M USD +254%
Lessee, Operating Lease, Liability, to be Paid, Year Three 360K USD -46%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 19K USD -87.5%