Wednesday, January 08, 2020 2:14:32 PM
https://www.multpl.com/s-p-500-pe-ratio
MTG NEAR-TERM TARGET PRICE $16.75
Q4 2019 EARNINGS Results estimated:
Based on higher INSURANCE IN FORCE and RECORD low defaults and paid loans based on MGIC INVESTMENT Monthly Operations SUMMARY REPORTS. I LOOK FOR 2019 Net Income WELL NORTH OF $1.80 per share.
•MGIC STOCK PRICE IS UNDERVALUED RELATIVE
TO OTHER PMI COMPANIES GIVEN IT'S PE
RATIO
•MTG IS UNDERVALUED GIVEN IT'S STEADY
EARNINGS HISTORY
•MTG IS UNDERVALUED GIVEN IT'S 24 cent annual PER SHARE DIVIDEND APPROXIMATELY 1.75%
YIELD.
MTG PE RATIO is the lowest of Essent Guaranty, Radian, NMI HOLDINGS and when compared to The S&P 500 COMPANIES. Average PE FOR PMI SECTOR IS 9.36.
MGIC'S VALUATION is the highest when compared OTHER PMI COMPANIES AND, to the market as a whole.
The TARGET price could change if higher quarterly earnings are reported for Q4 2019 and that's why it's a NEAR-TERM ESTIMATE.
Recent MTG News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/27/2024 03:42:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:58:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:58:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:58:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:58:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:58:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:57:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:57:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:57:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:57:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:57:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:57:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 08:56:50 PM
- MGIC Comments on the Recently Adopted PMIERs Updates • PR Newswire (US) • 08/21/2024 11:28:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/02/2024 08:29:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/31/2024 08:10:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 08:05:01 PM
- MGIC Investment Corporation Reports Second Quarter 2024 Results • PR Newswire (US) • 07/31/2024 08:05:00 PM
- MGIC Investment Corporation Announces an Increase to Quarterly Dividend • PR Newswire (US) • 07/25/2024 05:04:00 PM
- Form SC 13G - Statement of Beneficial Ownership by Certain Investors • Edgar (US Regulatory) • 07/25/2024 02:01:31 PM
- MGIC Investment Corporation Schedules 2nd Quarter 2024 Earnings Call • PR Newswire (US) • 07/01/2024 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 08:51:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 08:45:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 08:44:50 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 08:44:09 PM
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