MGIC Investment Corporation (MTG) Q1 2026 Earnings Call Transcript
MGIC Investment Corporation (MTG) Q1 2026 Earnings Call Transcript
MGIC Investment Corporation (MTG) Q1 2026 Earnings Call Transcript
While the top- and bottom-line numbers for MGIC (MTG) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
MGIC Investment (MTG) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.75 per share a year ago.
First Quarter 2026 Net Income of $165.3 million or $0.76 per Diluted Share First Quarter 2026 Adjusted Net Operating Income (Non-GAAP) of $165.1 million or $0.76 per Diluted Share MILWAUKEE, April 29, 2026 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2026. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "We had a strong start to the year, successfully executing on our business strategies and generating solid first quarter results.
MGIC Investment (NYSE: MTG - Get Free Report) will likely be posting its Q1 2026 results after the market closes on Wednesday, April 29th. Analysts expect MGIC Investment to post earnings of $0.73 per share and revenue of $303.0740 million for the quarter. Individuals may visit the the company's upcoming Q1 2026 earning results page for
Caprock Group LLC boosted its position in MGIC Investment Corporation (NYSE: MTG) by 86.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,651 shares of the insurance provider's stock after purchasing an additional 45,335 shares during the
MILWAUKEE, April 23, 2026 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced its board of directors has approved an additional share repurchase program with authorization to purchase up to $750 million of its common stock. The company is authorized to repurchase shares of its common stock from time to time through privately negotiated, open market or other transactions (including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended) at any time prior to December 31, 2028.
MGIC Investment Corporation remains rated Hold due to persistent headwinds in the US housing market and lack of competitive differentiation. MTG's EPS growth is primarily driven by aggressive share buybacks, with a 31.9% share reduction over five years, masking declines in net income. Despite a five-year streak of dividend increases and robust capital returns, MTG faces rising net losses and uneven home buying activity in key states.
International General Insurance (NASDAQ: IGIC - Get Free Report) and MGIC Investment (NYSE: MTG - Get Free Report) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends and earnings. Earnings and Valuation This table compares International
SG Americas Securities LLC raised its holdings in shares of MGIC Investment Corporation (NYSE: MTG) by 103.0% in the undefined quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,708 shares of the insurance provider's stock after acquiring an additional 23,704 shares during the
MGIC Investment Corporation (NYSE: MTG - Get Free Report) CEO Timothy Mattke sold 139,202 shares of MGIC Investment stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $26.49, for a total transaction of $3,687,460.98. Following the transaction, the chief executive officer owned 1,118,005 shares in the company, valued
MILWAUKEE, April 2, 2026 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2026 financial results after the market closes on Wednesday, April 29, 2026. A conference call/webcast has been scheduled for 10:00 a.m.
Burns Matteson Capital Management LLC purchased a new stake in shares of MGIC Investment Corporation (NYSE: MTG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,064 shares of the insurance provider's stock, valued at approximately $586,000. Several other hedge
Assenagon Asset Management S.A. bought a new stake in shares of MGIC Investment Corporation (NYSE: MTG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 135,914 shares of the insurance provider's stock, valued at approximately $3,971,000. Assenagon Asset
Swiss Re (OTCMKTS:SSREY - Get Free Report) and MGIC Investment (NYSE: MTG - Get Free Report) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, valuation, analyst recommendations, dividends, institutional ownership, risk and earnings. Earnings and Valuation This table compares Swiss Re
MGIC Investment (NYSE: MTG - Get Free Report) and SiriusPoint (NYSE: SPNT - Get Free Report) are both mid-cap finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, valuation, earnings, analyst recommendations, profitability and risk. Risk and Volatility MGIC Investment has a beta
MGIC (MTG) reported earnings 30 days ago. What's next for the stock?
Caprock Group LLC acquired a new position in MGIC Investment Corporation (NYSE: MTG) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 52,316 shares of the insurance provider's stock, valued at approximately $1,456,000. Other hedge funds and
Assetmark Inc. increased its stake in shares of MGIC Investment Corporation (NYSE: MTG) by 1,208.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,674,152 shares of the insurance provider's stock after buying an additional 1,546,173 shares during the quarter.
Alps Advisors Inc. lifted its stake in MGIC Investment Corporation (NYSE: MTG) by 60.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 701,943 shares of the insurance provider's stock after purchasing an additional 264,968 shares during the quarter. Alps Advisors Inc.