MGIC Investment (MTG) Projected to Post Earnings on Wednesday

MGIC Investment (NYSE:MTG) is expected to issue its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect MGIC Investment to announce earnings of $0.74 per share and revenue of $297.5380 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

MGIC Investment (NYSE:MTG) last announced its quarterly earnings results on Wednesday, April 29th. The insurance provider reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.03. The business had revenue of $297.08 million during the quarter, compared to the consensus estimate of $303.12 million. MGIC Investment had a net margin of 59.63% and a return on equity of 14.01%. The business’s revenue was down 3.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.75 EPS. 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 Down 0.0%

MTG stock opened at $29.65 on Monday. The firm has a market cap of $6.27 billion, a PE ratio of 9.41, a PEG ratio of 2.04 and a beta of 0.67. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.14 and a current ratio of 1.14. The firm’s 50 day moving average price is $27.01 and its 200-day moving average price is $26.90. MGIC Investment has a one year low of $24.69 and a one year high of $29.97.

MGIC Investment Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Wednesday, August 5th will be given a $0.17 dividend. The ex-dividend date is Wednesday, August 5th. This is a positive change from MGIC Investment’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a yield of 2.3%. MGIC Investment’s dividend payout ratio (DPR) is currently 19.05%.

MGIC Investment declared that its Board of Directors has approved a stock buyback plan on Thursday, April 23rd that allows the company to repurchase $750.00 million in outstanding shares. This repurchase authorization allows the insurance provider to buy up to 12.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at MGIC Investment

In related news, EVP Paula C. Maggio sold 20,937 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $25.55, for a total value of $534,940.35. Following the sale, the executive vice president owned 169,620 shares in the company, valued at approximately $4,333,791. The trade was a 10.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Salvatore A. Miosi sold 30,000 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $25.38, for a total value of $761,400.00. Following the transaction, the chief operating officer directly owned 560,951 shares in the company, valued at approximately $14,236,936.38. The trade was a 5.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.34% of the stock is currently owned by insiders.

Institutional Trading of MGIC Investment

Several hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of MGIC Investment in the first quarter valued at approximately $2,397,000. Goldman Sachs Group Inc. increased its stake in MGIC Investment by 6.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,103,366 shares of the insurance provider’s stock worth $76,901,000 after buying an additional 195,895 shares during the period. Geneos Wealth Management Inc. increased its stake in MGIC Investment by 88.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,745 shares of the insurance provider’s stock worth $43,000 after buying an additional 817 shares during the period. Sivia Capital Partners LLC acquired a new stake in MGIC Investment during the 2nd quarter worth approximately $425,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in MGIC Investment by 18.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,211 shares of the insurance provider’s stock worth $145,000 after buying an additional 830 shares in the last quarter. Institutional investors and hedge funds own 95.58% of the company’s stock.

Analyst Upgrades and Downgrades

MTG has been the subject of a number of recent analyst reports. Royal Bank Of Canada initiated coverage on MGIC Investment in a research report on Friday, May 22nd. They set a “sector perform” rating and a $28.00 price objective for the company. Barclays decreased their target price on shares of MGIC Investment from $29.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Friday, May 1st. Keefe, Bruyette & Woods lifted their price target on shares of MGIC Investment from $28.00 to $29.00 and gave the company a “market perform” rating in a research report on Friday, April 10th. Finally, Weiss Ratings raised shares of MGIC Investment from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $28.25.

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.