Mgic Investment Corp financial data

Symbol
MTG on NYSE
Industry
Surety Insurance
Location
250 East Kilbourn Avenue, Milwaukee, Wisconsin
State of incorporation
Wisconsin
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 29.6 % -19.1%
Return On Equity 14.7 % -19.1%
Return On Assets 11.4 % -14.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 267M shares -6.99%
Common Stock, Shares, Outstanding 269M shares -6.72%
Entity Public Float 4.4B USD -4.35%
Common Stock, Value, Issued 371M USD 0%
Weighted Average Number of Shares Outstanding, Basic 270M shares -7.11%
Weighted Average Number of Shares Outstanding, Diluted 273M shares -7.33%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.17B USD +0.29%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 927M USD -13.1%
Income Tax Expense (Benefit) 194M USD -12.3%
Net Income (Loss) Attributable to Parent 732M USD -13.3%
Earnings Per Share, Basic 2.62 USD/shares -6.76%
Earnings Per Share, Diluted 2.6 USD/shares -6.48%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 431M USD +20.4%
Deferred Income Tax Assets, Net 76.3M USD -23.9%
Property, Plant and Equipment, Net 37.6M USD -7.31%
Assets 6.54B USD +2.88%
Liabilities 1.43B USD -9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -326M USD +17.5%
Retained Earnings (Accumulated Deficit) 4.74B USD +14.7%
Stockholders' Equity Attributable to Parent 5.1B USD +6.8%
Liabilities and Equity 6.54B USD +2.88%

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 440M USD +19.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 109M USD -24.5%
Depreciation 4.6M USD -6.12%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 802M USD +33.6%
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%
Current Income Tax Expense (Benefit) 187M USD -18%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 19K USD -87.5%
Share-based Payment Arrangement, Expense 31.5M USD +27.5%