MGIC Investment (MTG) Projected to Post Earnings on Wednesday

MGIC Investment (NYSE:MTG) will likely be posting its Q1 2026 results after the market closes on Wednesday, April 29th. Analysts expect MGIC Investment to post earnings of $0.73 per share and revenue of $303.0740 million for the quarter. Individuals may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, April 30, 2026 at 10:00 AM ET.

MGIC Investment (NYSE:MTG) last issued its quarterly earnings results on Monday, February 2nd. The insurance provider reported $0.75 EPS for the quarter, topping the consensus estimate of $0.73 by $0.02. MGIC Investment had a net margin of 60.84% and a return on equity of 14.33%. During the same quarter in the previous year, the business earned $0.72 EPS. The firm’s quarterly revenue was down .9% on a year-over-year basis. On average, analysts expect MGIC Investment to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

MGIC Investment Stock Performance

Shares of MTG stock opened at $28.66 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.52 and a current ratio of 1.52. MGIC Investment has a one year low of $24.14 and a one year high of $29.97. The company’s 50-day simple moving average is $26.71 and its 200-day simple moving average is $27.45. The stock has a market capitalization of $6.16 billion, a price-to-earnings ratio of 9.13, a PEG ratio of 2.28 and a beta of 0.79.

MGIC Investment declared that its Board of Directors has approved a stock repurchase program on Thursday, April 23rd that authorizes the company to buyback $750.00 million in outstanding shares. This buyback authorization authorizes the insurance provider to reacquire up to 12.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

MGIC Investment Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Wednesday, May 6th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, May 6th. This represents a $0.60 annualized dividend and a dividend yield of 2.1%. MGIC Investment’s dividend payout ratio (DPR) is presently 19.11%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MTG. Barclays raised their target price on shares of MGIC Investment from $28.00 to $29.00 and gave the stock an “equal weight” rating in a report on Monday, April 6th. UBS Group decreased their target price on MGIC Investment from $29.50 to $28.00 and set a “neutral” rating for the company in a research note on Thursday, March 12th. Weiss Ratings downgraded MGIC Investment from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, February 5th. Finally, Keefe, Bruyette & Woods lifted their target price on MGIC Investment from $28.00 to $29.00 and gave the company a “market perform” rating in a research note on Friday, April 10th. One investment analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, MGIC Investment has a consensus rating of “Hold” and an average target price of $28.50.

Insider Buying and Selling at MGIC Investment

In other MGIC Investment news, COO Salvatore A. Miosi sold 30,000 shares of MGIC Investment stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $27.27, for a total value of $818,100.00. Following the completion of the transaction, the chief operating officer directly owned 454,245 shares in the company, valued at $12,387,261.15. The trade was a 6.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Paula C. Maggio sold 20,000 shares of MGIC Investment stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $27.51, for a total value of $550,200.00. Following the completion of the transaction, the executive vice president owned 114,689 shares of the company’s stock, valued at approximately $3,155,094.39. The trade was a 14.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 200,133 shares of company stock worth $5,342,700 over the last ninety days. Company insiders own 1.34% of the company’s stock.

Institutional Investors Weigh In On MGIC Investment

Hedge funds have recently made changes to their positions in the business. Newbridge Financial Services Group Inc. bought a new stake in shares of MGIC Investment during the third quarter valued at approximately $28,000. Geneos Wealth Management Inc. raised its holdings in shares of MGIC Investment by 88.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,745 shares of the insurance provider’s stock valued at $43,000 after buying an additional 817 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of MGIC Investment during the fourth quarter valued at approximately $79,000. Danske Bank A S bought a new stake in shares of MGIC Investment during the third quarter valued at approximately $82,000. Finally, iSAM Funds UK Ltd bought a new stake in shares of MGIC Investment during the third quarter valued at approximately $122,000. Institutional investors own 95.58% of the company’s stock.

About MGIC Investment

MGIC Investment Corporation (NYSE: MTG) is a leading provider of private mortgage insurance in the United States. Established in 1957 as the nation’s first private mortgage insurer, MGIC helps lenders manage credit risk and facilitates homeownership by protecting mortgage loans against default. Headquartered in Milwaukee, Wisconsin, the company operates through its principal subsidiary, Mortgage Guaranty Insurance Corporation, and maintains relationships with a broad network of originators and servicers nationwide.

The company’s primary business activity involves issuing mortgage insurance policies that enable borrowers to purchase homes with down payments below traditional lending thresholds.