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Last €9.86 EUR
Change Today -0.031 / -0.31%
Volume 0.0
MGC On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 1:54 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

mgic investment corp (MGC) Snapshot

Open
€9.82
Previous Close
€9.89
Day High
€9.92
Day Low
€9.79
52 Week High
04/27/15 - €9.97
52 Week Low
08/1/14 - €5.28
Market Cap
3.3B
Average Volume 10 Days
85.0
EPS TTM
--
Shares Outstanding
339.6M
EX-Date
10/23/08
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MGIC INVESTMENT CORP (MGC)

mgic investment corp (MGC) Related Businessweek News

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mgic investment corp (MGC) Details

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure; and pool insurance coverage, which covers the excess of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage. It also provides contract underwriting services; and other services, such as analysis of loan originations, loan portfolios, and servicing portfolios, as well as training and mortgage lead generation services. In addition, the company participates in external reinsurance arrangements and captive mortgage reinsurance arrangements. It serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

800 Employees
Last Reported Date: 02/27/15
Founded in 1957

mgic investment corp (MGC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $618.6K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $327.7K
Executive Vice President, General Counsel and...
Total Annual Compensation: $774.4K
Executive Vice President of Risk Management
Total Annual Compensation: $498.5K
Compensation as of Fiscal Year 2014.

mgic investment corp (MGC) Key Developments

MGIC Investment Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

MGIC Investment Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. The company reported net income for the quarter ended March 31, 2015 of $133.1 million, compared with a net income of $60.0 million for the same quarter a year ago. Diluted net income per share was $0.32 for the quarter ending March 31, 2015, compared to diluted net income per share of $0.15 for the same quarter a year ago. Total revenues for the first quarter were $270.2 million, compared with $235.1 million in the first quarter last year. Net premiums written for the quarter were $234.5 million, compared with $218.0 million for the same period last year. Total revenues in the first quarter of 2015 include $26.3 million of net realized gains compared to $0.2 million of net realized losses for the same period last year. Net premiums earned were $217.3 million compared to $214.3 million a year ago. Income before tax was $136.461 million compared to $60.708 million a year ago. Book value per share was $3.49 compared to $2.48 a year ago. Diluted EPS contribution from net realized gains was $0.06.

MGIC Investment Corp. to Report Q1, 2015 Results on Apr 21, 2015

MGIC Investment Corp. announced that they will report Q1, 2015 results at 9:00 AM, Eastern Standard Time on Apr 21, 2015

MGIC Investment Corp., Q1 2015 Earnings Call, Apr 21, 2015

MGIC Investment Corp., Q1 2015 Earnings Call, Apr 21, 2015

 

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MGC:GR €9.86 EUR -0.031

MGC Competitors

Market data is delayed at least 15 minutes.

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Industry Analysis

MGC

Industry Average

Valuation MGC Industry Range
Price/Earnings 14.2x
Price/Sales 3.7x
Price/Book 3.1x
Price/Cash Flow 11.3x
TEV/Sales 2.1x
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