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MGIC (MTG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-02 02:01
For the quarter ended March 2024, MGIC Investment (MTG) reported revenue of $302.87 million, up 3.8% over the same period last year. EPS came in at $0.65, compared to $0.54 in the year-ago quarter.The reported revenue represents a surprise of -0.40% over the Zacks Consensus Estimate of $304.08 million. With the consensus EPS estimate being $0.60, the EPS surprise was +8.33%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...
MGIC Investment (MTG) Q1 Earnings Top Estimates
Zacks Investment Research· 2024-05-01 22:51
MGIC Investment (MTG) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this mortgage insurance company would post earnings of $0.57 per share when it actually produced earnings of $0.67, delivering a surprise of 17.54%.Over the last four quart ...
MGIC Investment (MTG) - 2024 Q1 - Quarterly Report
2024-05-01 20:07
FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 1-10816 MGIC Investment Corporation (Exact name of registrant as specified in its charter) Wisconsin 39-1486475 (State or other juri ...
MGIC Investment (MTG) - 2024 Q1 - Quarterly Results
2024-05-01 20:05
MGIC Investment Corporation Reports First Quarter 2024 Results First Quarter 2024 Net Income of $174.1 million or $0.64 per Diluted Share First Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $178.4 million or $0.65 per Diluted Share Exhibit 99 Investor Relations: Dianna Higgins | (414) 347-2635 | dianna_higgins@mgic.com MILWAUKEE (May 1, 2024) - MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2024. Tim Mattke, CEO of MTG and Mortgage ...
MGIC Investment Announces Additional $750 Million Share Repurchase Program and Quarterly Dividend of $0.115 Per Share
Prnewswire· 2024-04-25 18:01
MILWAUKEE, April 25, 2024 /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, ...
MGIC Investment (MTG) - 2023 Q4 - Annual Report
2024-02-21 21:04
FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 For the transition period from ______ to ______ Commission file number 1-10816 MGIC Investment Corporation (Exact name of registrant as specified in its charter) Wisconsin 39-1486475 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 250 E. Kilbourn Avenue Milwaukee, Wisconsin 53202 (Address of principal executive offices) (Zip Code) (414) 347-6480 (Registrant's telephone number ...
MGIC Investment (MTG) - 2023 Q4 - Earnings Call Transcript
2024-02-01 19:24
MGIC Investment Corporation (NYSE:MTG) Q4 2023 Earnings Conference Call February 1, 2024 10:00 AM ET Company Participants Dianna Higgins - Head, Investor Relations Tim Mattke - Chief Executive Officer Nathan Colson - Chief Financial Officer Conference Call Participants Bose George - KBW Terry Ma - Barclays Geoffrey Dunn - Dowling & Partners Eric Hagen - BTIG Mihir Bhatia - Bank of America Operator Ladies and gentlemen, thank you for standing by. Welcome to the MGIC Investment Corporation Fourth Quarter 2023 ...
MGIC Investment (MTG) - 2023 Q3 - Earnings Call Presentation
2023-11-01 18:46
As used below, "we," "our" and "us" refer to MGIC Investment Corporation's consolidated operations or to MGIC Investment Corporation, as the context requires, and "MGIC" refers to Mortgage Guaranty Insurance Corporation. We are not undertaking any obligation to update any forward-looking statements or other statements we may make even though these statements may be affected by events or circumstances occurring after the forward-looking statements or other statements were made. No person should rely on the f ...
MGIC Investment (MTG) - 2023 Q3 - Earnings Call Transcript
2023-11-01 18:28
MGIC Investment Corporation (NYSE:MTG) Q3 2023 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Dianna Higgins - Head of IR Tim Mattke - CEO Nathan Colson - CFO Conference Call Participants Bose George - KBW Nate Richam - Bank of America Scott Heleniak - RBC Capital Markets Eric Hagen - BTIG Operator Ladies and gentlemen, thank you for standing by, and welcome to the MGIC Investment Corporation Third Quarter 2023 Earnings Call. At this time, all lines have been placed on mute to pr ...
MGIC Investment (MTG) - 2023 Q3 - Quarterly Report
2023-10-31 20:05
FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 1-10816 MGIC Investment Corporation (Exact name of registrant as specified in its charter) Wisconsin 39-1486475 (State or other ...