MGIC Investment - Stock

MGIC Investment ROA 2024

MGIC Investment ROA

0.11

Ticker

MTG

ISIN

US5528481030

WKN

882538

In 2024, MGIC Investment's return on assets (ROA) was 0.11, a -21.7% increase from the 0.14 ROA in the previous year.

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.

ROA Details

Understanding MGIC Investment's Return on Assets (ROA)

MGIC Investment's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing MGIC Investment's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider MGIC Investment's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in MGIC Investment’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about MGIC Investment Stock

What is the Return on Assets (ROA) of MGIC Investment this year?

The Return on Assets (ROA) of MGIC Investment is 0.11 undefined this year.

What was the ROA of MGIC Investment compared to the previous year?

The ROA of MGIC Investment has increased by -21.7% compared to the previous year.

What consequences do high ROA have for investors of MGIC Investment?

A high ROA is advantageous for investors of MGIC Investment, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in MGIC Investment?

A low ROA can be unfavorable for investors of MGIC Investment as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of MGIC Investment affect the company?

An increase in ROA of MGIC Investment can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of MGIC Investment impact the company?

A reduction in the ROA of MGIC Investment can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of MGIC Investment?

Some factors that can influence the ROA of MGIC Investment include revenue, operating costs, asset structure, and industry average.

Why is the ROA of MGIC Investment important for investors?

The ROA of MGIC Investment is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can MGIC Investment take to improve ROA?

To improve ROA, MGIC Investment can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 1.97 %. 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 1.97 %.

When does MGIC Investment pay dividends?

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

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 2.28 %.

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 5/21/2024 amounting to 0.115 USD, you needed to have the stock in your portfolio before the ex-date on 5/8/2024.

When did MGIC Investment pay the last dividend?

The last dividend was paid out on 5/21/2024.

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.

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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.