MGIC Investment Stock

MGIC Investment P/S 2024

MGIC Investment P/S

5

Ticker

MTG

ISIN

US5528481030

WKN

882538

As of Sep 30, 2024, MGIC Investment's P/S ratio stood at 5, a 32.28% change from the 3.78 P/S ratio recorded in the previous year.

The MGIC Investment P/S history

MGIC Investment Aktienanalyse

What does MGIC Investment do?

The MGIC Investment Corporation is a financial services company specializing in mortgage insurance. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin. MGIC's history began as a small insurance company specializing in mortgage insurance. Over the years, the company has steadily expanded and is now one of the largest providers of mortgage insurance in the US. MGIC's business model is simple: the company offers financial institutions insurance coverage for mortgage loans they provide to homebuyers. This insurance protects the lenders from losses in the event of loan defaults. In return, the financial institutions pay insurance premiums to MGIC. MGIC operates in three business segments: mortgage insurance, investment management, and other corporate holdings. MGIC's main business segment is mortgage insurance. The company offers various products to its customers, including standard mortgage insurance, split premium insurance, and reinsurance. MGIC's mortgage insurance helps lenders minimize their loss risk by transferring a portion of the credit risk to the insurance company. MGIC also operates in the investment management sector. The company makes investments in a variety of asset classes, including stocks, bonds, real estate, and alternative investments such as private equity funds. In addition, MGIC holds stakes in various companies, many of which operate in the financial services industry. These include investment firm BlackRock and credit card issuer Discover Financial Services. Overall, MGIC offers a wide range of products and services. The company has a strong position in the mortgage insurance industry and benefits from the demand for mortgage loans in the US. Furthermore, MGIC has a diversified portfolio of holdings that can protect the company against market volatility. The company has overcome challenges in the past, particularly during the 2008 financial crisis. As a result, MGIC has adjusted its business model and strengthened its capitalization to better prepare for future challenges. Overall, MGIC is a solid financial services company with a wide range of products and services. With its strong position in the mortgage insurance industry and diversified portfolio of holdings, the company is expected to achieve long-term growth and stability. MGIC Investment ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding MGIC Investment's P/S Ratio

MGIC Investment's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing MGIC Investment's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating MGIC Investment's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in MGIC Investment’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about MGIC Investment stock

What is the price-to-earnings ratio of MGIC Investment?

The price-earnings ratio of MGIC Investment is currently 5.

How has the price-earnings ratio of MGIC Investment changed compared to last year?

The price-to-earnings ratio of MGIC Investment has increased by 32.28% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of MGIC Investment high compared to other companies?

Yes, the price-to-earnings ratio of MGIC Investment is high compared to other companies.

How does an increase in the price-earnings ratio of MGIC Investment affect the company?

An increase in the price-earnings ratio of MGIC Investment would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of MGIC Investment affect the company?

A decrease in the price-earnings ratio of MGIC Investment would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of MGIC Investment?

Some factors that influence the price-earnings ratio of MGIC Investment are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does MGIC Investment pay?

Over the past 12 months, MGIC Investment paid a dividend of 0.43 USD . This corresponds to a dividend yield of about 1.69 %. For the coming 12 months, MGIC Investment is expected to pay a dividend of 0.5 USD.

What is the dividend yield of MGIC Investment?

The current dividend yield of MGIC Investment is 1.69 %.

When does MGIC Investment pay dividends?

MGIC Investment pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of MGIC Investment?

MGIC Investment paid dividends every year for the past 8 years.

What is the dividend of MGIC Investment?

For the upcoming 12 months, dividends amounting to 0.5 USD are expected. This corresponds to a dividend yield of 1.96 %.

In which sector is MGIC Investment located?

MGIC Investment is assigned to the 'Finance' sector.

Wann musste ich die Aktien von MGIC Investment kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of MGIC Investment from 8/22/2024 amounting to 0.13 USD, you needed to have the stock in your portfolio before the ex-date on 8/8/2024.

When did MGIC Investment pay the last dividend?

The last dividend was paid out on 8/22/2024.

What was the dividend of MGIC Investment in the year 2023?

In the year 2023, MGIC Investment distributed 0.36 USD as dividends.

In which currency does MGIC Investment pay out the dividend?

The dividends of MGIC Investment are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The MGIC Investment stock can be added to a savings plan with the following providers: Trade Republic

Andere Kennzahlen von MGIC Investment

Our stock analysis for MGIC Investment Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MGIC Investment Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.