Ratings MGIC Investment Corporation

Equities

MTG

US5528481030

Market Closed - Nyse Other stock markets 16:00:03 2024-06-21 EDT			5-day change	1st Jan Change
21.39 ^USD	+0.38%		+4.60%	+10.89%

06-03	Keefe, Bruyette & Woods Upgrades MGIC Investment to Outperform From Market Perform, Price Target at $25	MT
05-22	UBS Raises Price Target on MGIC Investment to $22 From $21, Keeps Neutral Rating	MT

Summary

The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

The group's activity appears highly profitable thanks to its outperforming net margins.
Its low valuation, with P/E ratio at 8.4 and 8.08 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company appears to be poorly valued given its net asset value.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
Over the past twelve months, analysts' opinions have been revised negatively.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Property & Casualty Insurance

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
MGIC INVESTMENT CORPORATION	+10.89%	5.7B		B-
THE PEOPLE'S INSURANCE COMPANY (GROUP) OF CHINA LIMITED	+12.08%	28.04B		C+
FIDELITY NATIONAL FINANCIAL, INC.	-2.82%	13.55B		C+
NMI HOLDINGS, INC.	+11.62%	2.66B		B-
QATAR INSURANCE COMPANY Q.S.P.C.	-18.92%	1.88B		D+
STEWART INFORMATION SERVICES CORPORATION	+4.63%	1.7B		B-
ZAVAROVALNICA TRIGLAV, D.D.	+0.86%	849M	-	-
OMAN QATAR INSURANCE COMPANY SAOG	0.00%	78.31M	-	-
EFU GENERAL INSURANCE LIMITED	+0.24%	61.2M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes