Mgic Investment Corp Reports Results For The Quarter Ended June 30: Earnings Summary

MGIC Investment

29/07/2026 22:49

MGIC Investment Corp MTG.N reported quarterly adjusted earnings of 87 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 82 cents.  The mean expectation of six analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 74 cents to 79 cents per share.
Revenue fell 2.9% to $295.39 million from a year ago; analysts expected $297.15 million. 
MGIC Investment Corp's reported EPS for the quarter was 86 cents​.
The company reported quarterly net income of $182.15 million.
MGIC Investment Corp shares had risen by 8.4% this quarter and gained 4.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.9% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is  "buy."
Wall Street's median 12-month price target for MGIC Investment Corp is $28.00, about 9.2% below its last closing price of $30.58
This summary was machine generated from LSEG data July 29 at 09:49 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.76
0.87
Beat
Mar. 31 2026 
0.75
0.76
Beat
Dec. 31 2025 
0.76
0.75
Missed
Sep. 30 2025 
0.75
0.83
Beat