Split History
ETFs Holding MTG »    MTG Historical Stock Prices »


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
MGIC Investment is a holding company. Through its wholly owned subsidiary Mortgage Guaranty Insurance Corporation and several other subsidiaries, Co. is principally engaged in the mortgage insurance business. Co. provides mortgage insurance to lenders throughout the U.S. and to government sponsored entities to protect against loss from defaults on low down payment residential mortgage loans. Through certain other non-insurance subsidiaries, Co. also provides various services for the mortgage finance industry, such as contract underwriting and portfolio analysis and retention. According to our MTG split history records, MGIC Investment has had 2 splits.
MTG split history picture
MGIC Investment (MTG) has 2 splits in our MTG split history database. The first split for MTG took place on December 03, 1993. This was a 2 for 1 split, meaning for each share of MTG owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 position following the split. MTG's second split took place on June 03, 1997. This was a 2 for 1 split, meaning for each share of MTG owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 position following the split.

When a company such as MGIC Investment splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. Looking at the MTG split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MGIC Investment shares, starting with a $10,000 purchase of MTG, presented on a split-history-adjusted basis factoring in the complete MTG split history. MTG split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 07/28/2004
End date: 07/25/2014
Start price/share: $69.95
End price/share: $7.99
Starting shares: 142.96
Ending shares: 150.10
Dividends reinvested/share: $2.52
Total return: -88.01%
Average Annual Total Return: -19.12%
Starting investment: $10,000.00
Ending investment: $1,198.57
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 07/28/2004
End date: 07/25/2014
Start price/share: $69.95
End price/share: $7.99
Dividends collected/share: $2.52
Total return: -84.97%
Average Annual Total Return: -17.27%
Starting investment: $10,000.00
Ending investment: $1,502.64
Years: 10.00
Date Ratio
12/03/19932 for 1
06/03/19972 for 1
MTG is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

MWJ Split History
MWN Split History
MZZ Split History
NAVG Split History
NAVI Split History
NBN Split History
NBTB Split History
NCBC Split History
NCT Split History
NEN Split History

RockTenn (RKT)
VBI Vaccines Inc. (VBIV)
Bacterin International Holdings, Inc. (BONE)
Kite Realty Group Trust (KRG)
Cytec Industries Inc. (CYT)
Enterprise Products Partners L.P. (EPD)
NewLead Holdings Ltd. (NEWL)
MELA Sciences, Inc. (MELA)
Marquette National Corporation (MNAT)
Chesapeake Utilities Corporation (CPK)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

MTG Split History | www.SplitHistory.com | Copyright © 2013 - 2014, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.