Mgic Investment Corp financial data

Symbol
MTG on NYSE
Industry
Surety Insurance
Location
250 East Kilbourn Avenue, Milwaukee, WI
State of incorporation
WI
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 4, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 27.6 % -13.8%
Return On Equity 14.8 % -1.59%
Return On Assets 11.6 % +1.84%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 253M shares -8.64%
Common Stock, Shares, Outstanding 256M shares -8.32%
Entity Public Float 4.4B USD -4.35%
Common Stock, Value, Issued 371M USD 0%
Weighted Average Number of Shares Outstanding, Basic 259M shares -8.22%
Weighted Average Number of Shares Outstanding, Diluted 261M shares -8.67%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.19B USD +2.31%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 964M USD +5.59%
Income Tax Expense (Benefit) 201M USD +4.21%
Net Income (Loss) Attributable to Parent 763M USD +5.96%
Earnings Per Share, Basic 2.84 USD/shares +13.6%
Earnings Per Share, Diluted 2.84 USD/shares +15%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 289M USD +8.28%
Deferred Income Tax Assets, Net 56M USD -57.6%
Property, Plant and Equipment, Net 36.2M USD -8.01%
Assets 6.68B USD +5.47%
Liabilities 1.38B USD -6.32%
Accumulated Other Comprehensive Income (Loss), Net of Tax -204M USD +58.9%
Retained Earnings (Accumulated Deficit) 5.07B USD +14.3%
Stockholders' Equity Attributable to Parent 5.29B USD +9.05%
Liabilities and Equity 6.68B USD +5.47%

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 300M USD +8.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 109M USD -24.5%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.06B USD +46.9%
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%