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.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

MTG reports strong Q1 earnings, addresses market challenges and opportunities

MTG's Q1 2023 performance reflects strong financials, positive credit performance, and a focus on efficiency and customer service. While facing challenges in market share and talent retention, the company is well-positioned to capitalize on opportunities for improvement and engagement in housing finance plans.

MTG reports robust Q2 performance, optimistic about credit trends

MTG's Q2 2023 performance reflects strong financial results, effective risk management, and optimism about credit trends and the housing market. The company's strategic focus and balanced approach to capital management provide a solid foundation for future growth and engagement with industry stakeholders.

MGIC Investment Corp Reports Strong Q3 Earnings Amidst Market Challenges

MGIC Investment Corporation delivered strong financial results, showcasing robust performance and solid capital management. While facing challenges in sequential defaults and pricing environment, the company remains confident in its financial strength and sees opportunities for growth through risk management and strategic expansion.

MGIC Investment Corp. reports solid Q4 earnings amidst market challenges

MGIC Investment Corporation delivered strong financial performance in Q4 2023, supported by a resilient housing market and favorable credit ratings. While facing challenges in the origination market, the company sees opportunities in reinsurance activities and cost reduction for the upcoming year.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

MGIC Investment's (MTG) CEO Tim Mattke on Q1 2020 Results - Earnings Call Transcript

MGIC (MTG) Q1 earnings reflect increase in insurance in force and lower credit losses leading to strong capital position, despite lower persistency.

MGIC Investment's (MTG) Q1 Earnings Beat, Revenues Miss

MGIC (MTG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: MGIC Investment (MTG) Q1 Earnings Expected to Decline

Essent Group

NMI Hlds

Radian Group

MGIC: Mortgage Insurers Sobering Up

MGIC (MTG) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.

MGIC (MTG) Surges: Stock Moves 9.4% Higher

Investors need to pay close attention to MGIC (MTG) stock based on the movements in the options market lately.

Are Options Traders Betting on a Big Move in MGIC (MTG) Stock?

MGIC Redux. Drilling Down Shows This Is Not '08 All Over Again

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

MGIC (MTG) Down 10.2% Since Last Earnings Report: Can It Rebound?

Kemper

MetLife

Upbeat Near-Term Outlook for Multiline Insurance Industry

Last year was fantastic for private mortgage insurers. Will 2020 be even better?

MGIC Has a Record Quarter as Mortgage Originations Swell

MGIC Investment's (MTG) Q4 results reflect revenue gains from increase in premiums earned.

MGIC (MTG) Q4 Earnings & Revenues Beat Estimates, Up Y/Y

MGIC: Big Q4, The Cash Cow Story Keeps Unfolding

MGIC Investment Corporation's (MTG) CEO Tim Mattke on Q4 2019 Results - Earnings Call Transcript

MGIC (MTG) delivered earnings and revenue surprises of 16.67% and 1.44%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

MGIC Investment (MTG) Surpasses Q4 Earnings and Revenue Estimates

MGIC Investment (MTG) Reports Next Week: What to Expect

Hallmark Financial Services

RenaissanceRe Hlds

Trupanion

Rising insurance premium rates, solid capital position, changes to product portfolio and stable interest rate should drive insurance stocks in 2020.

4 Insurance Stocks for Your Investment Portfolio in 2020

Buy The Mortgage Insurance Stocks MGIC, Radian And Essent. I Can't Wait For 2020

Encore Capital Group

Jones Lang LaSalle

T. Rowe Price Group

Strong U.S. economy, positive developments on several macroeconomic matters and the Fed's indication of a pause on rate cuts are expected to support the finance sector's performance in 2020.

5 Finance Stocks Expected to Keep Outperforming in 2020

Barclays

CNX Midstream Partners

Deutsche Lufthansa AG

Deutsche Telekom AG

Elevate Credit

Everi

J. Alexander's Hlds

Navios Maritime Partners

Photronics

Seaspan

TEGNA

Tilly's

Unique Fabricating

Vipshop Hlds

Heading into 2020, we suggest investors to add 20 stocks to their portfolio that are currently priced under $20, backed by a solid Zacks Ranks and earnings expectations.

Top 20 Stocks Under $20 to Buy Heading into 2020

First American Financial

W. R. Berkley

A strong U.S economy, rising insurance rates and a benign catastrophe environment aided the insurance industry in 2019.

4 Top Insurance Stocks That Outperformed S&P 500 in 2019

Ameriprise Financial

Hilltop Holdings

Investors seeking growth prospects in finance stocks can venture out to the market, at present, to make profitable investment decisions.

5 Large Cap Finance Stocks That Crushed the Market in 2019

MGIC Investment (MTG) is poised to grow on the back of lower claims payments and prudent capital deployment.

Reasons Why Investors Should Buy MGIC Investment (MTG) Stock

Why Is MGIC (MTG) Down 0.1% Since Last Earnings Report?

MGIC Investment (MTG) Q3 results reflect favorable persistency, increase in net premiums earned and higher net investment income.

MGIC (MTG) Q3 Earnings Beat Estimates, Revenues Rise Y/Y

MGIC Investment Corporation's (MTG) CEO Pat Sinks on Q3 2019 Results - Earnings Call Transcript

News for MGIC Investment Stock (MTG)