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

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.17 B USD +0.29%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 927 M USD -13.1%
Income Tax Expense (Benefit) 194 M USD -12.3%
Net Income (Loss) Attributable to Parent 732 M 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 431 M USD +20.4%
Deferred Income Tax Assets, Net 76.3 M USD -23.9%
Property, Plant and Equipment, Net 37.6 M USD -7.31%
Assets 6.54 B USD +2.88%
Liabilities 1.43 B USD -9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -326 M USD +17.5%
Retained Earnings (Accumulated Deficit) 4.74 B USD +14.7%
Stockholders' Equity Attributable to Parent 5.1 B USD +6.8%
Liabilities and Equity 6.54 B USD +2.88%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 191 M USD -10.2%
Net Cash Provided by (Used in) Financing Activities -148 M USD -30.1%
Net Cash Provided by (Used in) Investing Activities 26 M USD
Common Stock, Shares Authorized 1 B shares 0%
Common Stock, Shares, Issued 371 M shares 0%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 440 M USD +19.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 109 M USD -24.5%
Depreciation 4.6 M USD -6.12%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 802 M USD +33.6%
Lessee, Operating Lease, Liability, to be Paid 2.54 M USD -0.78%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.02 M USD +22.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.14 M USD +25.7%
Deferred Income Tax Expense (Benefit) 6.13 M USD +254%
Lessee, Operating Lease, Liability, to be Paid, Year Three 360 K USD -46%
Current Income Tax Expense (Benefit) 187 M USD -18%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 19 K USD -87.5%
Share-based Payment Arrangement, Expense 31.5 M USD +27.5%