Timothy Holt - MGIC Investment Independent Director

MTG Stock  USD 26.11  0.22  0.84%   

Director

Mr. Timothy A. Holt is Independent Director of the Company. Timothy A. Holt was an executive committee member and Senior Vice President and Chief Investment Officer of Aetna, Inc., a diversified health care benefits company, when he retired in 2008 after 30 years of service. From 2004 through 2007, he also served as Chief Enterprise Risk Officer of Aetna. Prior to being named Chief Investment Officer in 1997, Mr. Holt held various senior management positions with Aetna, including Chief Financial Officer of Aetna Retirement Services and Vice President, Finance and Treasurer of Aetna. Mr. Holt also serves as a director of Virtus Investment Partners, Inc. From January 2014 to February 2017, he served as a director of StanCorporationFinancial Group, Inc., which was a publiclytraded insurance products company until it was acquired in March 2016 since 2012.
Age 67
Tenure 12 years
Address MGIC Plaza, Milwaukee, WI, United States, 53202
Phone414 347 6480
Webhttps://mtg.mgic.com
Holt brings to the Board investment expertise, skill in assessing and managing investment and credit risk, broadbased experience in a number of areas relevant to our business, including insurance, and senior executive experience gained at a major public insurance company.

Timothy Holt Latest Insider Activity

Tracking and analyzing the buying and selling activities of Timothy Holt against MGIC Investment stock is an integral part of due diligence when investing in MGIC Investment. Timothy Holt insider activity provides valuable insight into whether MGIC Investment is net buyers or sellers over its current business cycle. Note, MGIC Investment insiders must abide by specific rules, including filing SEC forms every time they buy or sell MGIC Investment'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

MGIC Investment Management Efficiency

The company has Return on Asset of 0.096 % which means that on every $100 spent on assets, it made $0.096 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1503 %, implying that it generated $0.1503 on every 100 dollars invested. MGIC Investment's management efficiency ratios could be used to measure how well MGIC Investment manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MGIC Investment's Return On Capital Employed is most likely to increase slightly in the upcoming years. The MGIC Investment's current Return On Equity is estimated to increase to 0.15, while Return On Tangible Assets are projected to decrease to 0.1. At this time, MGIC Investment's Asset Turnover is most likely to slightly decrease in the upcoming years.
MGIC Investment Corp has 643.2 M in debt with debt to equity (D/E) ratio of 0.2, which may show that the company is not taking advantage of profits from borrowing. MGIC Investment Corp has a current ratio of 2.63, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for MGIC to invest in growth at high rates of return.

Similar Executives

Showing other executives

DIRECTOR Age

Brad ConnerRadian Group
58
Debra HessRadian Group
56
Brian MontgomeryRadian Group
63
Kathleen SpringerICC Holdings
56
Daniel BevillAssured Guaranty
N/A
Thomas JonesAssured Guaranty
71
Robert GlanvilleEssent Group
53
Lorin RadtkeAssured Guaranty
52
Gaetano MuzioRadian Group
66
Richard BlakeyEmployers Holdings
70
David HerzogAmbac Financial Group
60
Theodore ShastaMBIA Inc
70
Richard VaughanMBIA Inc
71
Douglas PaulsEssent Group
61
Gregory SerioRadian Group
58
Courtney SheaAssured Guaranty
60
Alan KreczkoAssured Guaranty
69
Steven GilbertMBIA Inc
74
Prasanna DhoreEmployers Holdings
58
Michael McColganEmployers Holdings
64
Lisa MumfordRadian Group
57
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin. Mgic Investment operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 711 people. MGIC Investment Corp (MTG) is traded on New York Stock Exchange in USA. It is located in MGIC Plaza, Milwaukee, WI, United States, 53202 and employs 627 people. MGIC Investment is listed under Commercial & Residential Mortgage Finance category by Fama And French industry classification.

Management Performance

MGIC Investment Corp Leadership Team

Elected by the shareholders, the MGIC Investment's board of directors comprises two types of representatives: MGIC Investment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MGIC. The board's role is to monitor MGIC Investment's management team and ensure that shareholders' interests are well served. MGIC Investment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MGIC Investment's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jodee Kozlak, Independent Director
Sheryl Sculley, Independent Director
James Hughes, Executive Vice President – Sales and Business Development of MGIC
Timothy Mattke, Chief Executive Officer, Director
Chuck Chaplin, Independent Director
C Chaplin, Independent Director
Michael Jacobson, Senior Strategy
Salvatore Miosi, Executive Vice President – Business Strategy and Operations
Robert Candelmo, Senior Vice President, Chief Information Officer
Dianna Higgins, Senior Relations
Timothy Holt, Independent Director
Nathaniel Colson, Executive Vice President, Chief Financial Officer
Mark Zandi, Independent Director
Julie Sperber, Controller VP
Nathaniel CPA, CFO VP
Kenneth Jastrow, Lead Independent Director
Michael Lehman, Lead Independent Director
Analisa Allen, Independent Director
Daniel Arrigoni, Independent Director
Jodeen Kozlak, Independent Director
Jay Hartzell, Independent Director
Paula Maggio, Executive Vice President General Counsel, Secretary
Danny GarciaVelez, Senior Development
Steven Thompson, Executive Vice President Chief Risk Officer
Melissa Lora, Independent Director
Timothy CPA, CEO Director
Annette Adams, Senior MGIC
Nathan Abramowski, VP Treasurer
Shreyans Jain, Senior Analytics
Curt Culver, Chairman, CEO, Chairman of Executive Committee, Chairman of Mortgage Guaranty Insurance Corporate and CEO of Mortgage Guaranty Insurance Corporate
Gary Poliner, Independent Director

MGIC Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MGIC Investment a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether MGIC Investment Corp is a strong investment it is important to analyze MGIC Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGIC Investment's future performance. For an informed investment choice regarding MGIC Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGIC Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGIC Investment. If investors know MGIC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGIC Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.201
Dividend Share
0.475
Earnings Share
2.83
Revenue Per Share
4.449
Quarterly Revenue Growth
0.034
The market value of MGIC Investment Corp is measured differently than its book value, which is the value of MGIC that is recorded on the company's balance sheet. Investors also form their own opinion of MGIC Investment's value that differs from its market value or its book value, called intrinsic value, which is MGIC Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGIC Investment's market value can be influenced by many factors that don't directly affect MGIC Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGIC Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGIC Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGIC Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.