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Thursday, 01/23/2020 9:03:39 AM

Thursday, January 23, 2020 9:03:39 AM

Post# of 1367
READY FOR FLIGHT MGIC INVESTMENT

MGIC is strong financially and fundamentally sound.

• Over $600 net cash annually, 19% growth
rate annually
• Over $600 million net profits annually
• 9.9 RISK TO CAPITAL ranking, best in PMI
INDUSTRY
• 7.85 PRICE TO EARNINGS RATIO, lowest in
PMI INDUSTRY
• 1.1 PRICE TO BOOK RATIO
• .17 to 1 DEBT TO CAPITAL ratio

The macroeconomic backdrop for the PMI INDUSTRY is constantly improving since US FINANCIAL crisis that occurred in 2008. The credit quality of their insurance portfolio is the best ever and they to are in size.
MGIC learned from the "great recession" and, they now have over 60 years of quality operations since starting the PMI business in 1957.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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