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M G I C Invest Cp(MTG)

Sector:

Financials

Index:

S&P 500

Market Cap

$576.64m

Change Today

Price Up$0.52

Share Price

$7.05

MTG Overview

Holding company, MGIC Investment Corporation, provides private mortgage insurance coverage in the United States to the home mortgage lending industry. The company’s wholly owned and principal subsidiary, Mortgage Guaranty Insurance Corporation, is America’s leading provider of private mortgage insurance coverage, with $189.6bn primary insurance in force covering 1.55m mortgages as at the end of 2003. Based in Milwaukee, the company also has 28 offices across the US and Puerto Rico.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 11.0% 1.6%
Div Cover -26.5 n/a
Op Mrgn -177.0% -31.9%
ROCE -65.9%  

Valuation

Latest F'cast
P/E n/a n/a
PEG n/a n/a
Pr/Revenue 0.5 0.3
Pr/Book 0.2  

Growth

Latest F'cast
Revenue 6.3% 41.5%
PBT n/a n/a
EPS n/a n/a
DPS -22.5% -86.6%

MTG Fundamentals

Year Ending Revenue ($m) Pre-tax ($m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-03 1,366.01 575.80 500.00¢ 11.4 n/a -18% 11.25¢ 0.2%
31-Dec-04 1,329.43 591.78 567.00¢ 12.2 0.9 +13% 22.50¢ 0.3%
31-Dec-05 1,238.69 656.49 683.00¢ 9.6 0.5 +20% 52.50¢ 0.8%
31-Dec-06 1,187.41 525.33 670.00¢ 9.3 n/a -2% 100.00¢ 1.6%
31-Dec-07 1,262.39 (2,234.65) (2,054.00)¢ n/a n/a n/a 77.50¢ 3.5%

MTG Forecasts

Year Ending Revenue ($m) Pre-tax ($m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 1,786.04 (569.87) (407.07)¢ n/a n/a n/a 10.36¢ 1.6%
31-Dec-09 1,832.72 (37.33) (42.81)¢ n/a n/a n/a 10.67¢ 1.6%

Covering analysts: Actual, Citigroup Investment Research, Friedman Billings Ramsey & Co, JP Morgan, Keefe Bruyette & Woods, Lehman Bros, Merrill Lynch, Standard & Poors, UBS

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 20 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

MTG Market Data

Currency US Dollars
Share Price $7.05  
Change Today $0.52
52 Week High $57.95
52 Week Low $6.02
Volume 2,035,595
Shares Issued 81.79m
Market Cap $576.64m
Beta 2.47
RiskGrade 539

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 5
Sell 0
Strong Sell 3
Total 8
sell
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MTG Dividends

No dividends found

Trades for 03-Jul-2008

Time Volume / Share Price
12:59 1 @ $6.58
12:59 4 @ $6.58
12:59 17 @ $6.56
12:59 2 @ $6.56
12:58 1 @ $6.52

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