MGIC Investment

MGIC Investment Corp. is a private mortgage insurer that serves lenders throughout the United States, and Puerto Rico. It also provides lenders with underwriting and other services and products related to home mortgage lending through its subsidiaries, such as Mortgage Guaranty Insurance Corp. and MGIC Indemnity Corp. The company was founded by Max Karl in 1957 and is headquartered in Milwaukee, WI.

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

MGIC Investment (MTG) reports robust Q4 earnings and growth outlook

MGIC Investment (MTG) delivered strong financial performance in Q4 2022, with notable increases in net income and insurance in force.
The company's focus on credit quality, capital deployment, and risk management positions it well for future growth opportunities.
Challenges from market dynamics and fee adjustments are being addressed strategically to sustain MGIC's competitive edge in the industry.

MGIC Investment reports robust Q1 earnings, focuses on talent and efficiency

MGIC Investment (MTG) had a strong start in Q1 2023, focusing on financial strength, talent retention, and efficiency. Despite challenges, the company is poised for growth with strategic investments and a positive outlook on credit performance.

MGIC Investment reports strong Q2 earnings and strategic growth plans

MGIC Investment Corporation delivered a solid performance in Q2 2023, driven by strong new insurance written and net income figures.
Despite facing challenges such as operating expenses and market competition, the company's robust capital levels and strategic initiatives position it well for future growth.
With a focus on risk management, operational efficiency, and shareholder value, MGIC Investment remains optimistic about future opportunities in the insurance industry.

MGIC Investment reports strong Q3 earnings, eyes growth opportunities

MGIC Investment Corporation delivered a robust performance in Q3 2023, showcasing strong financial metrics and effective risk management strategies.
While facing challenges in navigating market conditions and expense ratios, the company has opportunities to drive growth through capital return initiatives and leveraging positive credit trends.
Overall, MGIC's resilience, capital management actions, and focus on risk mitigation position it well for future success in the insurance sector.

MGIC Investment posts strong Q4 results, optimistic on future growth

MGIC Investment showcases resilience amidst market challenges
Optimistic outlook for future opportunities and growth
Strong financial performance and credit ratings upgrade
Continued focus on expense reduction and shareholder value

MGIC Investment reports robust Q1 earnings amidst mortgage industry challenges

MGIC Investment Corporation delivered solid financial performance in Q1 2024, driven by strong credit performance and effective capital management strategies. While facing challenges in the mortgage origination industry, the company remains focused on enhancing shareholder value through capital activities and prudent risk management. Addressing analyst inquiries, MGIC is poised to capitalize on opportunities for growth and optimization in its operations.

MGIC Investment reports robust Q2 earnings, eyes growth opportunities

MGIC Investment Corporation delivered strong financial results in Q2 2024, driven by robust credit quality performance and capital management initiatives. The company remains focused on maintaining financial strength, flexibility, and capital efficiency. Despite challenges in reinsurance funding and evolving market dynamics, MGIC is well-positioned to capitalize on positive credit trends and growth opportunities.

MGIC Investment reports strong Q3 earnings and growth opportunities

MGIC Investment (MTG) delivered a robust performance in Q3 2024, marked by strong financial results, increased insurance underwriting, and shareholder value enhancements. The company's upgraded credit rating, favorable portfolio performance, and cost-saving initiatives position it well for future growth. While market conditions present challenges, MGIC is poised to leverage opportunities for expansion and profitability.

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MGIC Investment Corp. is a holding company, which engages in the provision of mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The company was founded by Max Karl in 1957 and is headquartered in Milwaukee, WI.

A Relative Strength Rating upgrade for MGIC Investment shows improving technical performance. Will it continue?

Stock Upgrades: MGIC Investment Shows Rising Relative Strength

MGIC (MTG) reported earnings 30 days ago. What's next for the stock?

MGIC (MTG) Up 19.5% Since Last Earnings Report: Can It Continue?

MILWAUKEE, Nov. 24, 2020 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC) (NYSE: MTG) announced today that it is fully integrated with Lender Price, a leading cloud-based product, pricing and eligibility (PPE) engine provider for the mortgage finance industry. Loan officers...

MGIC Integrates with Lender Price on cloud-based PPE Platform

MILWAUKEE, Nov. 18, 2020 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC) (NYSE: MTG) and Mortgage Coach, an industry-leading loan officer presentation solution, jointly announced today the availability of MGIC's mortgage insurance quotes through the Mortgage Coach home loan...

MGIC Integrates with Mortgage Coach on online borrower conversion platform

MGIC Investment (MTG) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

MGIC Investment (MTG) Looks Good: Stock Adds 5.3% in Session

MGIC earned $0.43 in operating EPS for Q3, beating estimates. Investors continue to underestimate the substantial reductions in MGIC's credit risk exposure.

MGIC: Forecasting A Depression? If Not, Buy This Stock

MGIC Investment's (MTG) CEO Tim Mattke on Q3 2020 Results - Earnings Call Transcript

MGIC's (MTG) Q3 results reflect strength of the purchase mortgage market and the refinance market but lower annual persistency and increase in primary delinquency inventory.

MGIC Investment's (MTG) Q3 Earnings Beat, Revenues Fall Y/Y

MILWAUKEE, Nov. 4, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the third quarter of 2020. Net income for the quarter was $130.8 million, or $0.38 per diluted share, compared with net income of $176.9 million, or $0.49 per...

MGIC Investment Corporation Reports Third Quarter 2020 Results

We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn't mean that they don't have occasional colossal losses; they do (like Peltz's recent General Electric losses). However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, as the current round of 13F filings has just ended, let's examine the smart money sentiment towards MGIC Investment Corporation (NYSE:MTG).

Was The Smart Money Right About MGIC Investment Corporation (MTG)?

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6 Multiline Insurers to Watch Out for Amid Operational Challenges

MILWAUKEE, Oct. 30, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today announced that Lisa Pendergast, who has been with the Company since 1998 and currently serves as Vice President, Treasurer & Investments, is retiring November 2, 2020. Nathan R. Abramowski, the...

MGIC Treasurer Lisa Pendergast to retire; Nathan R. Abramowski promoted

MILWAUKEE, Oct. 29, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today announced Analisa M. Allen has been elected to the Board of Directors for MGIC Investment Corporation and its principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC). Allen will be a member...

Allen Joins MGIC Investment Board

MILWAUKEE, Oct. 8, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its 3rd quarter 2020 financial results after the market closes on Wednesday November 4, 2020. A conference call/webcast has been scheduled for November 5, 2020 at 10:00 a.m....

MGIC Investment Corporation Schedules 3rd Quarter 2020 Earnings Call and Releases Monthly Operating Statistics

Why Is MGIC (MTG) Up 12.9% Since Last Earnings Report?

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While housing stocks homebuilders and online realtors have done well this year, mortgage insurers - MIs - have been poor performers.

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MGIC Investment (MTG) displays prudence by issuing senior notes amid a low interest rate environment to procure funds.

MGIC Investment Completes Pricing of $650M Senior Notes

MILWAUKEE, Aug. 12, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) (the "Company") announced today that it completed the public offering and sale of $650 million in aggregate principal amount of 5.250% senior notes due 2028 (the "Notes").

MGIC Investment Corporation Announces Completion of Senior Notes Offering

MGIC Investment's (MTG) subsidiary brings MGIC PMI to credit unions in collaboration with CUNA Mutual Group

MGIC Investment's Unit & CUNA Partner for Mortgage Insurance

MGIC Investment's (MTG) second-quarter 2020 results reflect higher insurance in force, offset by lower revenues and increase in primary delinquency loans.

MGIC Investment's (MTG) Q2 Earnings Miss, Revenues Fall Y/Y

MILWAUKEE, Aug. 6, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) (the "Company") today announced that it has commenced a cash tender offer (the "Tender Offer") to purchase any and all of its 5.750% Senior Notes due 2023 (CUSIP No.

MGIC Investment Corporation Announces Cash Tender Offer for its Outstanding 5.750% Senior Notes Due 2023

MILWAUKEE, Aug. 6, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) (the "Company") announced today that it has commenced a public offering of its Senior Notes due 2028.

MGIC Investment Corporation Announces Commencement of Senior Notes Offering

MGIC Investment Corp (MTG) CEO Timothy Mattke on Q2 2020 Results - Earnings Call Transcript

MILWAUKEE, Aug. 4, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the second quarter of 2020.

MGIC Investment Corporation Reports Second Quarter 2020 Results

MILWAUKEE, Aug. 3, 2020 /PRNewswire/ -- MGIC Investment Corporation (MTG) announced today that, in accordance with Section I(E)(1) of the company's Corporate Governance Guidelines, Kenneth M.

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