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MTG Price Correlated With Financials For MGIC Investment

Free historical financial statements for MGIC Investment Corp.. See how revenue, income, cash flow, and balance sheet financials have changed over 45 quarters since 2011. Compare with MTG stock chart to see long term trends.

MTG Stock Compared to Quarterly

MTG Income Statement

Revenue, Net:294616000
Revenue Per Share:0.9324
Total Operating Expenses:75177000
Operating Income:219439000
Income Taxes:44426000
Net Income:175013000
Earnings Per Share, Basic:0.55
Shares Outstanding, Basic Avg:315975000

MTG Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:15395000
Net Cash from Operations:228011000
Net Cash from Operations Per Share:0.7216
Repurchases/Buybacks Common Stock:123640000
Cash Dividends Paid:26112000
Net Cash from Financing Activities:-392512000
Property, Plant & Equipment Purchases:888000
Net Cash from Investing Activities:349440000
Net Change in Cash & Equivalents:184939000

MTG Balance Sheet

Cash and Cash Equivalents:489897000
Property, Plant & Equipment, Net:45184000
Total Assets:6844801000
Total Liabilities:2234446000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group Inc
33,025,974 sh
1,166,300 sh
4%
$447,501
-$11,916
Blackrock Inc.
27,872,353 sh
127,008 sh
0%
$377,670
-$22,418
FMR LLC
17,758,843 sh
-3,832,196 sh
-18%
$240,632
-$70,710
Bank Of Nova Scotia
9,803,863 sh
1,534,540 sh
19%
$132,842
$13,598
JPMorgan Chase & Co
9,608,483 sh
1,235,554 sh
15%
$130,194
$9,456
Dimensional Fund Advisors LP
8,728,636 sh
778,208 sh
10%
$118,279
$3,635
Lsv Asset Management
8,630,155 sh
158,282 sh
2%
$116,939
-$5,225
Natixis
6,119,322 sh
1,523,322 sh
33%
$82,917
$16,643
Arrowstreet Capital, Limited Partnership
5,786,894 sh
-111,530 sh
-2%
$78,412
-$6,643
Morgan Stanley
5,040,351 sh
-6,080 sh
0%
$68,296
-$4,473
Geode Capital Management, LLC
4,682,226 sh
362,400 sh
8%
$63,706
$1,415
Bank Of New York Mellon Corp
3,943,131 sh
-58,910 sh
-1%
$53,429
-$4,280
Brown Advisory Inc
3,462,083 sh
152,835 sh
5%
$46,998
-$722
Clearbridge Investments, LLC
3,156,273 sh
-16,195 sh
-1%
$42,768
-$2,979
Assenagon Asset Management S.A.
3,107,256 sh
449,824 sh
17%
$42,103
$3,783
Charles Schwab Investment Management Inc
2,862,129 sh
-818,627 sh
-22%
$38,782
-$14,295
First Trust Advisors Lp
2,855,419 sh
531,278 sh
23%
$38,691
$5,177
Northern Trust Corp
2,852,111 sh
-72,009 sh
-2%
$38,646
-$3,520
Victory Capital Management Inc
2,768,439 sh
-24,483 sh
-1%
$37,291
-$2,983
William Blair Investment Management, LLC
2,764,339 sh
-244,180 sh
-8%
$37,457
-$7,550
COMPANY PROFILE
NOTE 2 Basis of Presentation

BASIS OF PRESENTATION

The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"), as codified in the Accounting Standards Codification ("ASC"). Our consolidated financial statements include the accounts of MGIC Investment Corporation and its majority-owned subsidiaries. Intercompany transactions and balances have been eliminated. In accordance with GAAP, we are required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.

The COVID-19 pandemic had a material impact on our 2020 financial results. While uncertain, the impact of the COVID-19 pandemic on the Company’s future financial results, business, liquidity and/or financial condition may also be material. The magnitude of the impact will be influenced by various factors, including the length and severity of the pandemic in the United States, efforts to reduce the transmission of COVID-19, the level of unemployment, and the impact of government initiatives and actions taken by Fannie Mae and Freddie Mac (the "GSEs") (including mortgage forbearance and modification programs) to mitigate the economic harm caused by COVID-19.

SUBSEQUENT EVENTS

We have considered subsequent events through the date of this filing.

Data imported from MGIC Investment Corp. SEC filings. Check original filings before making any investment decision.