Mgic Investment Corp Expected To Post Earnings Of 69 Cents A Share: Earnings Preview

MGIC Investment

28/04/2025 21:11

MGIC Investment Corp MTG.N, MTG is expected to show a rise in quarterly revenue when it reports  results on April 30 for the period ending March 31 2025

The Milwaukee Wisconsin-based  company is expected to report a 3.9% increase in revenue to $305.72 million from $294.36 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

​LSEG's mean analyst estimate for MGIC Investment Corp is for earnings of 69 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for MGIC Investment Corp is $26.00​, above​ its last closing price of $24.22. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.66
0.67
0.72
Beat
8
Sep. 30 2024
0.67
0.66
0.77
Beat
15.9
Jun. 30 2024
0.63
0.64
0.77
Beat
21.2​
Mar. 31 2024
0.60
0.60
0.65
Beat
7.5
​​Dec. 31 2023
0.56
0.57
0.67
Beat
18.5
Sep. 30 2023
0.57
0.56
0.64
Beat
13.7​
Jun. 30 2023
0.54
0.53
0.68
Beat
27.5
Mar. 31 2023
0.50
0.50
0.54
Beat
7.3

This summary was machine generated April 28 at 20:11 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)