MGIC Investment Corp (NYSE: MTG) on Tuesday, plunged -1.88% from the previous trading day, before settling in for the closing price of $25.54. Within the past 52 weeks, MTG’s price has moved between $21.94 and $28.67.
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Annual sales at Financial sector company grew by 9.32% over the past five years. The company achieved an average annual earnings per share of 0.35%. With a float of $232.29 million, this company’s outstanding shares have now reached $240.19 million.
Let’s look at the performance matrix of the company that is accounted for 555 employees. In terms of profitability, gross margin is 91.5%, operating margin of 42.01%, and the pretax margin is 80.64%.
MGIC Investment Corp (MTG) Insider Updates
Observing investor behavior towards Insurance – Specialty industry stocks is more important than anything else. The insider ownership of MGIC Investment Corp is 2.17%, while institutional ownership is 97.65%. The most recent insider transaction that took place on Jul 01 ’25, was worth 844,560. In this transaction President & COO of this company sold 30,000 shares at a rate of $28.15, taking the stock ownership to the 279,401 shares. Before that another transaction happened on Jul 01 ’25, when Company’s Officer proposed sale 30,000 for $27.71, making the entire transaction worth $831,300.
MGIC Investment Corp (MTG) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 0.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.62% during the next five years compared to 9.32% growth over the previous five years of trading.
MGIC Investment Corp (NYSE: MTG) Trading Performance Indicators
MGIC Investment Corp (MTG) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.88. Likewise, its price to free cash flow for the trailing twelve months is 7.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.01, a number that is poised to hit 0.72 in the next quarter and is forecasted to reach 3.03 in one year’s time.
Technical Analysis of MGIC Investment Corp (MTG)
MGIC Investment Corp (NYSE: MTG) saw its 5-day average volume 3.26 million, a positive change from its year-to-date volume of 2.19 million. As of the previous 9 days, the stock’s Stochastic %D was 5.46%.
During the past 100 days, MGIC Investment Corp’s (MTG) raw stochastic average was set at 46.36%, which indicates a significant increase from 1.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.58 in the past 14 days, which was higher than the 0.57 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.64, while its 200-day Moving Average is $25.08. Nevertheless, the first resistance level for the watch stands at $25.51 in the near term. At $25.96, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.22. If the price goes on to break the first support level at $24.80, it is likely to go to the next support level at $24.54. Assuming the price breaks the second support level, the third support level stands at $24.09.
MGIC Investment Corp (NYSE: MTG) Key Stats
Market capitalization of the company is 5.95 billion based on 237,437K outstanding shares. Right now, sales total 1,208 M and income totals 762,990 K. The company made 306,230 K in profit during its latest quarter, and 185,460 K in sales during its previous quarter.
