NASDAQ:MGIC - Magic Software Enterprises Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $8.42 -0.13 (-1.52 %) (As of 03/22/2019 04:00 PM ET)Previous Close$8.55Today's Range$8.3913 - $8.6152-Week Range$7.29 - $9.25Volume11,371 shsAverage Volume24,737 shsMarket Capitalization$412.40 millionP/E Ratio15.31Dividend Yield3.51%Beta0.86 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and IT outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports a proprietary and none proprietary application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, and communications services and solutions, as well as supplemental outsourcing services. The company offers Magic xpa, a proprietary application platform for developing and deploying business applications; AppBuilder, a proprietary application platform for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi integration platform, a graphical wizard-based code-free solution; and Magic xpc, a hybrid integration platform as a service. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Solution, a packaged software solution for managing air cargo ground handling; HR Pulse, a customized single-tenant software as a service tool; and MBS Solution, a proprietary system for managing TV broadcast channels. In addition, the company provides software maintenance, support, training, and consulting services. It serves oil and gas, telecommunications, financial, healthcare, and industrial sectors, as well as public institutions and international agencies. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was founded in 1983 and is headquartered in Or Yehuda, Israel. 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Industry, Sector and Symbol Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:MGIC Previous Symbol CUSIPN/A CIK876779 Webwww.magicsoftware.com Phone972-3538-9292Debt Debt-to-Equity Ratio0.08 Current Ratio3.99 Quick Ratio3.91Price-To-Earnings Trailing P/E Ratio15.31 Forward P/E Ratio14.03 P/E GrowthN/A Sales & Book Value Annual Sales$284.38 million Price / Sales1.45 Cash Flow$0.7818 per share Price / Cash Flow10.77 Book Value$5.09 per share Price / Book1.65Profitability EPS (Most Recent Fiscal Year)$0.55 Net Income$19.88 million Net Margins6.99% Return on Equity11.06% Return on Assets7.24%Miscellaneous Employees2,052 Outstanding Shares48,979,000Market Cap$412.40 million Next Earnings Date5/15/2019 (Estimated) OptionableOptionable Magic Software Enterprises (NASDAQ:MGIC) Frequently Asked Questions What is Magic Software Enterprises' stock symbol? Magic Software Enterprises trades on the NASDAQ under the ticker symbol "MGIC." How often does Magic Software Enterprises pay dividends? What is the dividend yield for Magic Software Enterprises? Magic Software Enterprises announced a Semi-Annual dividend on Monday, March 4th. Investors of record on Thursday, March 14th will be given a dividend of $0.15 per share on Wednesday, March 27th. The ex-dividend date is Wednesday, March 13th. This is an increase from Magic Software Enterprises's previous Semi-Annual dividend of $0.09. View Magic Software Enterprises' Dividend History. How were Magic Software Enterprises' earnings last quarter? Magic Software Enterprises Ltd (NASDAQ:MGIC) posted its quarterly earnings results on Monday, March, 4th. The software maker reported $0.12 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.14 by $0.02. The software maker earned $72.29 million during the quarter, compared to analyst estimates of $73.75 million. Magic Software Enterprises had a net margin of 6.99% and a return on equity of 11.06%. View Magic Software Enterprises' Earnings History. When is Magic Software Enterprises' next earnings date? Magic Software Enterprises is scheduled to release their next quarterly earnings announcement on Wednesday, May 15th 2019. View Earnings Estimates for Magic Software Enterprises. What guidance has Magic Software Enterprises issued on next quarter's earnings? Magic Software Enterprises updated its FY 2019 earnings guidance on Monday, March, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $313-319 million, compared to the consensus revenue estimate of $309.87 million. What price target have analysts set for MGIC? 2 equities research analysts have issued 1-year price targets for Magic Software Enterprises' stock. Their predictions range from $10.00 to $10.00. On average, they anticipate Magic Software Enterprises' stock price to reach $10.00 in the next year. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for Magic Software Enterprises. What is the consensus analysts' recommendation for Magic Software Enterprises? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magic Software Enterprises in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Magic Software Enterprises. Has Magic Software Enterprises been receiving favorable news coverage? Press coverage about MGIC stock has trended neutral recently, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Magic Software Enterprises earned a coverage optimism score of 0.5 on InfoTrie's scale. They also assigned news coverage about the software maker a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the near term. Who are some of Magic Software Enterprises' key competitors? Some companies that are related to Magic Software Enterprises include Instructure (INST), Secureworks (SCWX), MicroStrategy (MSTR), Benefitfocus (BNFT), Talend (TLND), Bandwidth (BAND), 3D Systems (DDD), Hortonworks (HDP), Domo (DOMO), Cango (CANG), Cheetah Mobile (CMCM), Carbon Black (CBLK), Endurance International Group (EIGI), ConvergeOne (CVON) and Changyou.Com (CYOU). What other stocks do shareholders of Magic Software Enterprises own? Based on aggregate information from My MarketBeat watchlists, some companies that other Magic Software Enterprises investors own include Activision Blizzard (ATVI), TherapeuticsMD (TXMD), Weyerhaeuser (WY), Micron Technology (MU), Constellation Brands (STZ), AT&T (T), Applied Materials (AMAT), QUALCOMM (QCOM), Alibaba Group (BABA) and Johnson & Johnson (JNJ). Who are Magic Software Enterprises' key executives? Magic Software Enterprises' management team includes the folowing people: Mr. Arik Kilman, Chairman of Software Solutions Division (Age 66)Mr. Arik Faingold, Pres of Integration Solutions Division (Age 42)Mr. Yakov Tsaroya, Chief Exec. Officer of Coretech Consulting Services and Fusion Solutions (Age 49)Mr. Udi Ertel, Pres of Software Solutions Division (Age 60)Mr. Hanan Shahaf MBA, Chief Exec. Officer of Roshtov Software Industries Ltd (Age 67) Who are Magic Software Enterprises' major shareholders? Magic Software Enterprises' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Harel Insurance Investments & Financial Services Ltd. (3.66%), Delek Group Ltd. (0.99%), Segall Bryant & Hamill LLC (0.43%), Edmond DE Rothschild Holding S.A. (0.31%), Naples Global Advisors LLC (0.26%) and Ramsey Quantitative Systems (0.12%). Which major investors are selling Magic Software Enterprises stock? MGIC stock was sold by a variety of institutional investors in the last quarter, including Delek Group Ltd., Segall Bryant & Hamill LLC, Edmond DE Rothschild Holding S.A., Macquarie Group Ltd., Acadian Asset Management LLC and Ramsey Quantitative Systems. Which major investors are buying Magic Software Enterprises stock? MGIC stock was purchased by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., Advisors Asset Management Inc., Naples Global Advisors LLC, ETF Managers Group LLC, Connor Clark & Lunn Investment Management Ltd., Dimensional Fund Advisors LP, Dimensional Fund Advisors LP and Van ECK Associates Corp. How do I buy shares of Magic Software Enterprises? Shares of MGIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Magic Software Enterprises' stock price today? One share of MGIC stock can currently be purchased for approximately $8.42. How big of a company is Magic Software Enterprises? Magic Software Enterprises has a market capitalization of $412.40 million and generates $284.38 million in revenue each year. The software maker earns $19.88 million in net income (profit) each year or $0.55 on an earnings per share basis. Magic Software Enterprises employs 2,052 workers across the globe. What is Magic Software Enterprises' official website? The official website for Magic Software Enterprises is http://www.magicsoftware.com. How can I contact Magic Software Enterprises? Magic Software Enterprises' mailing address is 5 HAPLADA STREET, OR YEHUDA L3, 6021805. The software maker can be reached via phone at 972-3538-9292 or via email at [email protected] MarketBeat Community Rating for Magic Software Enterprises (NASDAQ MGIC)Community Ranking: 2.1 out of 5 ( )Outperform Votes: 199 (Vote Outperform)Underperform Votes: 273 (Vote Underperform)Total Votes: 472MarketBeat's community ratings are surveys of what our community members think about Magic Software Enterprises and other stocks. Vote "Outperform" if you believe MGIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGIC will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 3/22/2019 by MarketBeat.com StaffFeatured Article: How does the Federal Reserve determine interest rates?