Last 7 days
2.0%
Last 30 days
4.0%
Last 90 days
4.0%
Trailing 12 Months
37.9%
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.2B | 1.2B | 1.2B | 0 |
2022 | 1.2B | 1.2B | 1.2B | 1.2B |
2021 | 1.2B | 1.2B | 1.2B | 1.2B |
2020 | 1.2B | 1.2B | 1.2B | 1.2B |
2019 | 1.1B | 1.2B | 1.2B | 1.2B |
2018 | 1.1B | 1.1B | 1.1B | 1.1B |
2017 | 1.1B | 1.1B | 1.1B | 1.1B |
2016 | 1.0B | 1.1B | 1.1B | 1.1B |
2015 | 977.8M | 989.7M | 1.0B | 1.0B |
2014 | 1.0B | 972.7M | 953.4M | 942.6M |
2013 | 1.3B | 1.2B | 1.2B | 1.0B |
2012 | 1.5B | 1.5B | 1.5B | 1.4B |
2011 | 1.5B | 1.5B | 1.4B | 1.5B |
2010 | 1.7B | 1.6B | 1.6B | 1.5B |
2009 | 1.7B | 1.7B | 1.7B | 1.7B |
2008 | 0 | 0 | 0 | 1.7B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Nov 28, 2023 | allen analisa m | acquired | - | - | 114 | - |
Nov 28, 2023 | sculley sheryl l. | acquired | - | - | 114 | - |
Nov 28, 2023 | lehman michael e | acquired | - | - | 134 | - |
Nov 28, 2023 | culver curt s | acquired | - | - | 58.812 | - |
Nov 28, 2023 | lowman teresita m. | acquired | - | - | 107 | - |
Nov 28, 2023 | kozlak jodee a | acquired | - | - | 114 | - |
Nov 28, 2023 | zandi mark | acquired | - | - | 58.812 | - |
Nov 28, 2023 | holt timothy a | acquired | - | - | 114 | - |
Nov 28, 2023 | chaplin c edward | acquired | - | - | 58.812 | - |
Nov 28, 2023 | hartzell jay c. | acquired | - | - | 114 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Dec 07, 2023 | Hudson Bay Capital Management LP | sold off | -100 | -6,316,000 | - | -% |
Dec 06, 2023 | CITIGROUP INC | reduced | -48.33 | -893,567 | 1,075,300 | -% |
Nov 30, 2023 | Neo Ivy Capital Management | sold off | -100 | -124,000 | - | -% |
Nov 27, 2023 | USA FINANCIAL FORMULAS | new | - | 99,890 | 99,890 | 0.15% |
Nov 24, 2023 | DEUTSCHE BANK AG\ | reduced | -71.44 | -2,462,720 | 1,065,170 | -% |
Nov 21, 2023 | Walleye Capital LLC | reduced | -3.74 | 79,509 | 4,633,660 | 0.01% |
Nov 21, 2023 | Almitas Capital LLC | reduced | -24.79 | -211,146 | 632,985 | 0.30% |
Nov 21, 2023 | Walleye Trading LLC | sold off | -100 | -487,153 | - | -% |
Nov 21, 2023 | COMERICA BANK | reduced | -66.88 | 2,118,450 | 2,118,450 | 0.01% |
Nov 17, 2023 | Diversified Trust Co | added | 137 | 375,014 | 623,738 | 0.02% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 13.53% | 40,192,185 | SC 13G/A | |
Feb 06, 2023 | wellington management group llp | 5.12% | 15,208,741 | SC 13G/A | |
Jan 24, 2023 | blackrock inc. | 9.6% | 28,494,884 | SC 13G/A | |
Mar 09, 2022 | vanguard group inc | 10.49% | 33,120,155 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 9.79% | 31,859,674 | SC 13G/A | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
Feb 04, 2022 | wellington management group llp | 6.90% | 22,466,040 | SC 13G/A | |
Feb 01, 2022 | blackrock inc. | 8.5% | 27,745,345 | SC 13G/A | |
Jan 31, 2022 | goldman sachs group inc | 0.6% | 1,945,570 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Nov 29, 2023 | 4 | Insider Trading | |
Nov 29, 2023 | 4 | Insider Trading | |
Nov 29, 2023 | 4 | Insider Trading | |
Nov 29, 2023 | 4 | Insider Trading | |
Nov 29, 2023 | 4 | Insider Trading | |
Nov 29, 2023 | 4 | Insider Trading | |
Nov 29, 2023 | 4 | Insider Trading | |
Nov 29, 2023 | 4 | Insider Trading | |
Nov 29, 2023 | 4 | Insider Trading | |
Nov 29, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AJG | 52.0B | 9.7B | -1.87% | 23.92% | 45.72 | 5.38 | 13.81% | 5.58% |
AFL | 49.6B | 19.0B | 2.78% | 18.09% | 10.86 | 2.61 | -8.29% | -10.06% |
AIG | 47.6B | 49.4B | 4.71% | 6.50% | 11.87 | 0.96 | -13.81% | -70.07% |
TRV | 41.4B | 40.1B | 7.50% | -2.96% | 18.95 | 1.03 | 10.52% | -34.92% |
ACGL | 29.2B | 12.8B | -5.73% | 30.94% | 9.85 | 2.29 | 66.43% | 139.35% |
MID-CAP | ||||||||
AFG | 9.7B | 7.7B | 6.07% | -13.37% | 11.27 | 1.27 | 11.70% | -11.46% |
UNM | 9.2B | 12.2B | -0.97% | 5.80% | 6.51 | 0.77 | 2.39% | 4.64% |
AIZ | 8.8B | 10.8B | 5.09% | 29.64% | 16.74 | 0.82 | 6.78% | 60.32% |
AEL | 4.4B | 2.4B | 3.26% | 38.00% | 3.98 | 1.8 | 30.04% | -43.02% |
LNC | 4.1B | 14.8B | 7.75% | -19.82% | 3.19 | 0.28 | -26.79% | 3.19% |
SMALL-CAP | ||||||||
BRP | 1.2B | 1.2B | -0.62% | -27.41% | -11.11 | 0.98 | 32.00% | -553.83% |
ARGO | 1.1B | 1.5B | 0.60% | 15.65% | -5.62 | 0.73 | -24.08% | -3.53% |
AMSF | 918.2M | 306.5M | -5.66% | -6.34% | 14.41 | 3 | 4.48% | 66.05% |
AMBC | 741.1M | 413.5M | 22.39% | 1.17% | 3.8 | 1.79 | 22.34% | -40.00% |
AAME | 39.0M | 185.3M | 11.05% | -26.25% | 12.56 | 0.21 | -3.68% | -1.30% |
Income Statement (Quarterly) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 2.0% | 297 | 291 | 284 | 292 | 293 | 293 | 295 | 294 | 296 | 298 | 298 | 302 | 296 | 294 | 307 | 312 | 318 | 292 | 292 | 286 | 290 |
EBITDA Margin | -8.2% | 0.85* | 0.93* | 1.00* | 1.02* | 1.01* | 0.92* | 0.82* | 0.79* | 0.76* | 0.73* | 0.58* | 0.56* | 0.58* | 0.61* | 0.77* | - | - | - | - | - | - |
Interest Expenses | -1.3% | 9.00 | 9.00 | 9.00 | 9.00 | 10.00 | 13.00 | 15.00 | 17.00 | 18.00 | 18.00 | 18.00 | 18.00 | 16.00 | 13.00 | 13.00 | 13.00 | 13.00 | 14.00 | 13.00 | 13.00 | 13.00 |
Income Taxes | 0.4% | 52.00 | 51.00 | 41.00 | 49.00 | 65.00 | 67.00 | 44.00 | 45.00 | 42.00 | 41.00 | 40.00 | 39.00 | 34.00 | 2.00 | 38.00 | 46.00 | 46.00 | 43.00 | 39.00 | 37.00 | 50.00 |
Earnings Before Taxes | -3.3% | 234 | 242 | 196 | 240 | 314 | 316 | 219 | 219 | 200 | 194 | 190 | 190 | 164 | 16.00 | 188 | 223 | 223 | 211 | 191 | 195 | 232 |
EBT Margin | -8.3% | 0.78* | 0.86* | 0.92* | 0.93* | 0.91* | 0.81* | 0.70* | 0.68* | 0.65* | 0.62* | 0.47* | 0.47* | 0.49* | 0.53* | 0.69* | - | - | - | - | - | - |
Net Income | -4.3% | 183 | 191 | 155 | 191 | 250 | 249 | 175 | 174 | 158 | 153 | 150 | 151 | 131 | 14.00 | 150 | 177 | 177 | 168 | 152 | 158 | 182 |
Net Income Margin | -8.8% | 0.62* | 0.68* | 0.73* | 0.74* | 0.72* | 0.64* | 0.56* | 0.54* | 0.51* | 0.49* | 0.37* | 0.37* | 0.39* | 0.42* | 0.55* | - | - | - | - | - | - |
Free Cashflow | 17.1% | 169 | 144 | 212 | 165 | 122 | 132 | 227 | 182 | 162 | 150 | 198 | 222 | 87.00 | 235 | 184 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | -0.3% | 6,332 | 6,353 | 6,352 | 6,214 | 6,154 | 6,600 | 6,845 | 7,325 | 7,511 | 7,576 | 7,407 | 7,355 | 7,150 | 6,575 | 6,155 | 6,230 | 6,147 | 6,056 | 5,870 | 5,678 | 5,657 |
Cash Equivalents | -14.2% | 267 | 311 | 358 | 327 | 250 | 419 | 490 | 305 | 186 | 191 | 193 | 297 | 389 | 371 | 370 | 169 | 172 | 225 | 263 | 155 | 267 |
Net PPE | -0.8% | 39.00 | 40.00 | 41.00 | 41.00 | 44.00 | 45.00 | 45.00 | 46.00 | 45.00 | 45.00 | 46.00 | 47.00 | 48.00 | 48.00 | 49.00 | 50.00 | 51.00 | 52.00 | 50.00 | 52.00 | 50.00 |
Liabilities | -2.1% | 1,477 | 1,509 | 1,575 | 1,571 | 1,614 | 2,027 | 2,234 | 2,464 | 2,634 | 2,661 | 2,675 | 2,656 | 2,636 | 2,191 | 1,913 | 1,920 | 1,987 | 2,020 | 2,054 | 2,096 | 2,168 |
Shareholder's Equity | 0.2% | 4,855 | 4,844 | 4,778 | 4,643 | 4,540 | 4,573 | 4,610 | 4,861 | 4,877 | 4,915 | 4,732 | 4,699 | 4,514 | 4,383 | 4,242 | 4,309 | 4,160 | 4,036 | 3,816 | 3,582 | 3,490 |
Retained Earnings | 3.5% | 4,441 | 4,291 | 4,129 | 4,004 | 3,843 | 3,624 | 3,400 | 3,251 | 3,103 | 2,972 | 2,840 | 2,642 | 2,511 | 2,401 | 2,407 | 2,279 | 2,123 | 1,967 | 1,799 | 1,647 | 1,490 |
Additional Paid-In Capital | 0.0% | 1,800 | 1,799 | 1,792 | 1,799 | 1,792 | 1,791 | 1,784 | 1,795 | 1,790 | 1,786 | 1,782 | 1,862 | 1,857 | 1,859 | 1,855 | 1,870 | 1,865 | 1,861 | 1,856 | 1,863 | 1,858 |
Shares Outstanding | -1.4% | 279 | 283 | 288 | 293 | 303 | 309 | 316 | 320 | 336 | 339 | 339 | 339 | 339 | 339 | 344 | 347 | 351 | 356 | 356 | 355 | 362 |
Cashflow (Quarterly) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | 17.4% | 169,768,000 | 144,662,000 | 212,286,000 | 166,219,000 | 122,114,000 | 133,668,000 | 228,011,000 | 183,907,000 | 162,988,000 | 151,389,000 | 198,033,000 | 223,456,000 | 88,728,000 | 235,801,000 | 184,324,000 | 151,369,000 | 176,552,000 | 116,730,000 | 164,881,000 | 160,970,000 | 120,954,000 |
Share Based Compensation | -28.8% | 5,575,000 | 7,835,000 | 9,679,000 | 7,097,000 | 3,333,000 | 7,769,000 | 6,572,000 | 5,032,000 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cashflow From Investing | 8.8% | -83,726,000 | -91,847,000 | -65,181,000 | 29,523,000 | 91,376,000 | -59,854,000 | 349,440,000 | 237,424,000 | 9,169,000 | -132,843,000 | -274,499,000 | -294,447,000 | -430,593,000 | -213,619,000 | 166,153,000 | -113,142,000 | -139,733,000 | -129,118,000 | -40,115,000 | -209,569,000 | -45,793,000 |
Cashflow From Financing | -24.3% | -127,641,000 | -102,663,000 | -113,446,000 | -112,587,000 | -382,993,000 | -144,450,000 | -392,512,000 | -302,285,000 | -177,198,000 | -20,359,000 | -27,448,000 | -21,139,000 | 359,282,000 | -20,315,000 | -150,007,000 | -40,925,000 | -90,248,000 | -24,941,000 | -17,292,000 | -63,360,000 | -58,000 |
Dividend Payments | 13.4% | 32,456,000 | 28,622,000 | 30,096,000 | 29,659,000 | 30,450,000 | 24,726,000 | 26,112,000 | 25,943,000 | 27,090,000 | 20,359,000 | 20,827,000 | 20,316,000 | 20,319,000 | 20,315,000 | 21,111,000 | 20,925,000 | 20,989,000 | - | - | - | - |
Buy Backs | -10.2% | 66,501,000 | 74,041,000 | 76,151,000 | 82,513,000 | 83,987,000 | 95,433,000 | 123,640,000 | 140,818,000 | 150,000,000 | - | - | - | - | - | 119,997,000 | 20,000,000 | 69,185,000 | 24,941,000 | 11,640,000 | 63,360,000 | - |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |
Premiums written: | ||||
Direct | $ 280,885 | $ 279,317 | $ 828,211 | $ 830,646 |
Assumed | 3,770 | 2,205 | 9,538 | 6,291 |
Ceded | (50,164) | (39,215) | (141,842) | (107,644) |
Net premiums written | 234,491 | 242,307 | 695,907 | 729,293 |
Decrease in unearned premiums, net | 6,786 | 9,804 | 30,196 | 33,755 |
Net premiums earned | 241,277 | 252,111 | 726,103 | 763,048 |
Investment income, net of expenses | 55,375 | 42,549 | 156,938 | 121,116 |
Net gains (losses) on investments and other financial instruments | (695) | (3,258) | (13,380) | (8,776) |
Other revenue | 548 | 1,397 | 1,484 | 5,143 |
Total revenues | 296,505 | 292,799 | 871,145 | 880,531 |
Losses and expenses: | ||||
Losses incurred, net | (77) | (105,054) | (11,322) | (223,426) |
Amortization of deferred policy acquisition costs | 2,802 | 3,179 | 7,889 | 8,901 |
Other underwriting and operating expenses, net | 50,130 | 58,475 | 174,191 | 166,656 |
Loss on debt extinguishment | 0 | 11,632 | 0 | 40,130 |
Interest expense | 9,254 | 10,300 | 28,005 | 38,673 |
Total losses and expenses | 62,109 | (21,468) | 198,763 | 30,934 |
Income before tax | 234,396 | 314,267 | 672,382 | 849,597 |
Provision for income tax | 51,552 | 64,642 | 143,937 | 175,691 |
Net income | $ 182,844 | $ 249,625 | $ 528,445 | $ 673,906 |
Earnings per share: | ||||
Basic (in dollars per share) | $ 0.65 | $ 0.82 | $ 1.85 | $ 2.18 |
Diluted (in dollars per share) | $ 0.64 | $ 0.81 | $ 1.83 | $ 2.15 |
Weighted average common shares outstanding - basic (in shares) | 281,757 | 302,622 | 286,184 | 309,097 |
Weighted average common shares outstanding - diluted (in shares) | 285,600 | 307,194 | 289,924 | 315,029 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Investment portfolio: | ||
Fixed income, available-for-sale, at fair value (amortized cost 2023 - $6,130,009; 2022 - $5,926,785) | $ 5,581,537 | $ 5,409,698 |
Equity securities, at fair value (cost 2023 - $15,998; 2022 - $15,924) | 13,949 | 14,140 |
Other invested assets, at cost | 850 | 850 |
Total investment portfolio | 5,596,336 | 5,424,688 |
Cash and cash equivalents | 266,543 | 327,384 |
Restricted cash and cash equivalents | 8,582 | 5,529 |
Accrued investment income | 58,499 | 55,178 |
Reinsurance recoverable on loss reserves | 40,934 | 28,240 |
Reinsurance recoverable on paid losses | 265 | 18,081 |
Premiums receivable | 57,606 | 58,000 |
Home office and equipment, net | 39,379 | 41,419 |
Deferred insurance policy acquisition costs | 15,905 | 19,062 |
Deferred income taxes, net | 132,030 | 124,769 |
Other assets | 115,600 | 111,443 |
Total assets | 6,331,679 | 6,213,793 |
Liabilities: | ||
Loss reserves | 525,528 | 557,988 |
Unearned premiums | 165,093 | 195,289 |
Senior notes | 642,828 | 641,724 |
Convertible junior subordinated debentures | 0 | 21,086 |
Other liabilities | 143,525 | 154,966 |
Total liabilities | 1,476,974 | 1,571,053 |
Contingencies | ||
Shareholders’ equity: | ||
Common stock | 371,353 | 371,353 |
Paid-in capital | 1,799,624 | 1,798,842 |
Treasury stock at cost | (1,260,422) | (1,050,238) |
Accumulated other comprehensive income (loss), net of tax | (496,895) | (481,511) |
Retained earnings | 4,441,045 | 4,004,294 |
Total shareholders’ equity | 4,854,705 | 4,642,740 |
Total liabilities and shareholders’ equity | $ 6,331,679 | $ 6,213,793 |
 CEO | Mr. Timothy James Mattke |
---|---|
 WEBSITE | mtg.mgic.com |
 EMPLOYEES | 683 |