MTG Stock Recent News

Although the revenue and EPS for MGIC (MTG) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

MGIC Investment (MTG) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.65 per share a year ago.

First Quarter 2025 Net Income of $185.5 million or $0.75 per Diluted Share First Quarter 2025 Adjusted Net Operating Income (Non-GAAP) of $185.2 million or $0.75  per Diluted Share MILWAUKEE , April 30, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2025. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "I am pleased with our first quarter financial results, which reflect the continued strong performance we've achieved over the past few years.

MILWAUKEE , April 24, 2025 /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, 2027.

MGIC (MTG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

MILWAUKEE , April 4, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2025 financial results after the market closes on Wednesday, April 30, 2025. A conference call/webcast has been scheduled for 10:00 a.m.

Does MGIC Investment (MTG) have what it takes to be a top stock pick for momentum investors? Let's find out.

MGIC (MTG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Given the U.S. housing market expected to grow at a slow rate, downward pressure on home prices and intense competition, it is wise to stay cautious on MTG.

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