Mgic Investment Corp Stock Shares Outstanding
| MTG Stock | USD 20.64 0.13 0.63% |
MGIC Investment Corp fundamentals help investors to digest information that contributes to MGIC Investment's financial success or failures. It also enables traders to predict the movement of MGIC Stock. The fundamental analysis module provides a way to measure MGIC Investment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MGIC Investment stock.
The current Common Stock Shares Outstanding is estimated to decrease to about 225.9 M. MGIC | Shares Outstanding |
MGIC Investment Corp Company Shares Outstanding Analysis
MGIC Investment's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current MGIC Investment Shares Outstanding | 266.59 M |
Most of MGIC Investment's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MGIC Investment Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MGIC Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for MGIC Investment is extremely important. It helps to project a fair market value of MGIC Stock properly, considering its historical fundamentals such as Shares Outstanding. Since MGIC Investment's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MGIC Investment's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MGIC Investment's interrelated accounts and indicators.
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MGIC Shares Outstanding Historical Pattern
Today, most investors in MGIC Investment Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MGIC Investment's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of MGIC Investment shares outstanding as a starting point in their analysis.
MGIC Investment Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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MGIC Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, MGIC Investment Corp has 266.59 M of shares currently outstending. This is 85.47% lower than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The shares outstanding for all United States stocks is 53.38% higher than that of the company.
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MGIC Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0934 | ||||
| Profit Margin | 0.63 % | ||||
| Operating Margin | 0.78 % | ||||
| Current Valuation | 5.71 B | ||||
| Shares Outstanding | 266.59 M | ||||
| Shares Owned By Insiders | 1.33 % | ||||
| Shares Owned By Institutions | 99.38 % | ||||
| Number Of Shares Shorted | 10.15 M | ||||
| Price To Earning | 10.50 X | ||||
| Price To Book | 1.05 X | ||||
| Price To Sales | 4.59 X | ||||
| Revenue | 1.16 B | ||||
| Gross Profit | 1.2 B | ||||
| EBITDA | 902.23 M | ||||
| Net Income | 712.95 M | ||||
| Cash And Equivalents | 327.38 M | ||||
| Cash Per Share | 1.35 X | ||||
| Total Debt | 643.2 M | ||||
| Debt To Equity | 0.20 % | ||||
| Current Ratio | 2.68 X | ||||
| Book Value Per Share | 18.97 X | ||||
| Cash Flow From Operations | 712.96 M | ||||
| Short Ratio | 4.35 X | ||||
| Earnings Per Share | 2.60 X | ||||
| Price To Earnings To Growth | 1.54 X | ||||
| Target Price | 22.44 | ||||
| Number Of Employees | 627 | ||||
| Beta | 1.22 | ||||
| Market Capitalization | 5.5 B | ||||
| Total Asset | 6.51 B | ||||
| Retained Earnings | 4.59 B | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 6.51 B | ||||
| Last Dividend Paid | 0.45 |
About MGIC Investment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MGIC Investment Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MGIC Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MGIC Investment Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Complementary Tools for MGIC Stock analysis
When running MGIC Investment's price analysis, check to measure MGIC Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MGIC Investment is operating at the current time. Most of MGIC Investment's value examination focuses on studying past and present price action to predict the probability of MGIC Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGIC Investment's price. Additionally, you may evaluate how the addition of MGIC Investment to your portfolios can decrease your overall portfolio volatility.
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Is MGIC Investment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGIC Investment. If investors know MGIC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGIC Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.217 | Dividend Share 0.445 | Earnings Share 2.6 | Revenue Per Share 4.186 | Quarterly Revenue Growth 0.037 |
The market value of MGIC Investment Corp is measured differently than its book value, which is the value of MGIC that is recorded on the company's balance sheet. Investors also form their own opinion of MGIC Investment's value that differs from its market value or its book value, called intrinsic value, which is MGIC Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGIC Investment's market value can be influenced by many factors that don't directly affect MGIC Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGIC Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGIC Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGIC Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.