MGIC Investment (NYSE:MTG) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS

MGIC Investment (NYSE:MTG) issued its quarterly earnings data on Wednesday. The insurance provider reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.04, FiscalAI reports. MGIC Investment had a net margin of 58.12% and a return on equity of 13.66%. The company had revenue of $299.08 million during the quarter, compared to the consensus estimate of $298.66 million. During the same quarter in the prior year, the firm earned $0.83 earnings per share. The firm’s revenue was down 1.8% compared to the same quarter last year.

MGIC Investment Price Performance

NYSE:MTG traded down $0.74 on Friday, hitting $28.61. The company had a trading volume of 2,884,503 shares, compared to its average volume of 2,090,717. The firm has a 50 day moving average of $28.86 and a two-hundred day moving average of $27.80. The stock has a market capitalization of $5.87 billion, a price-to-earnings ratio of 8.89, a PEG ratio of 1.03 and a beta of 0.64. MGIC Investment has a 52 week low of $24.69 and a 52 week high of $31.89. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.13.

MGIC Investment Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 23rd. Shareholders of record on Thursday, November 12th will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $0.68 annualized dividend and a yield of 2.4%. MGIC Investment’s payout ratio is presently 21.12%.

Insiders Place Their Bets

In other MGIC Investment news, CEO Timothy Mattke sold 137,114 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $26.23, for a total value of $3,596,500.22. Following the completion of the transaction, the chief executive officer directly owned 843,778 shares in the company, valued at approximately $22,132,296.94. This represents a 13.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Salvatore Miosi sold 30,000 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $26.06, for a total value of $781,800.00. Following the completion of the sale, the chief operating officer owned 440,951 shares of the company’s stock, valued at $11,491,183.06. The trade was a 6.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 197,114 shares of company stock worth $5,300,200 in the last 90 days. 1.34% of the stock is currently owned by corporate insiders.

Key Headlines Impacting MGIC Investment

Here are the key news stories impacting MGIC Investment this week:

• Positive Sentiment: MGIC reported Q3 net income of $175 million, or $0.85 per diluted share, ahead of analyst estimates of $0.81. Revenue of $299.1 million was slightly above expectations, while insurance-in-force growth and lower expenses supported results. MGIC Investment Q3 2026 results
• Positive Sentiment: Management indicated operating expenses may come in slightly below its $190 million–$200 million range and extended quota-share reinsurance coverage through 2029, offering expense discipline and risk-sharing support. Expense outlook and reinsurance update
• Neutral Sentiment: Barclays raised its price target from $29 to $30 but kept an “equal weight” rating, suggesting limited conviction in near-term outperformance. Barclays rating information
• Negative Sentiment: Revenue declined 1.8% year over year, and coverage of the quarter highlighted lower sales and margin pressure alongside rising credit costs, losses, and delinquencies. These concerns may be tempering the positive reaction to the EPS beat. Q3 business and credit trends

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MTG. Barclays raised their target price on shares of MGIC Investment from $29.00 to $30.00 and gave the company an “equal weight” rating in a research note on Friday. Roth Capital reiterated a “buy” rating and issued a $35.00 price target on shares of MGIC Investment in a research note on Thursday, July 30th. Royal Bank Of Canada increased their price target on shares of MGIC Investment from $28.00 to $32.00 and gave the company a “sector perform” rating in a report on Friday, July 31st. BTIG Research assumed coverage on shares of MGIC Investment in a research report on Tuesday, September 22nd. They set a “hold” rating for the company. Finally, Zacks Research cut MGIC Investment from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $31.00.

MGIC Investment Company Profile

MGIC Investment Corporation (NYSE:MTG) is a holding company whose principal subsidiary is Mortgage Guaranty Insurance Corporation (MGIC), a provider of private mortgage insurance in the United States. MGIC’s insurance helps protect mortgage lenders and investors against losses when borrowers default, enabling qualified homebuyers to obtain mortgages with smaller down payments.

MGIC primarily offers primary mortgage insurance for residential loans, working with mortgage lenders, banks and other housing-finance institutions.