MGIC Investment Corporation

NYSE:MTG Stock Report

Market Cap: US$6.5b

MGIC Investment Past Earnings Performance

Past criteria checks 2/6

MGIC Investment has been growing earnings at an average annual rate of 8%, while the Diversified Financial industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 0.2% per year. MGIC Investment's return on equity is 14.6%, and it has net margins of 62%.

Key information

8.03%

Earnings growth rate

14.82%

EPS growth rate

Diversified Financial Industry Growth6.15%
Revenue growth rate0.16%
Return on equity14.57%
Net Margin61.96%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

MGIC: Buy The Tortoise Instead Of The Hare

Nov 10

Here's Why We Think MGIC Investment (NYSE:MTG) Might Deserve Your Attention Today

Apr 24
Here's Why We Think MGIC Investment (NYSE:MTG) Might Deserve Your Attention Today

MGIC Investment Corporation's (NYSE:MTG) Shares Lagging The Market But So Is The Business

Mar 20
MGIC Investment Corporation's (NYSE:MTG) Shares Lagging The Market But So Is The Business

MGIC Investment: A Junk Bond Earnings Yield With Growth

Feb 09

MGIC Looks Strong, But The Housing Market Headwinds Are Stronger

Feb 03

MGIC Investment Q3: Home Prices Limit Potential Losses, But Hold Due To Valuation Concerns

Nov 05
User avatar

Sharpening Shareholder Value Through Critical Capital Management In The Insurance Sector

Strong focus on capital management and shareholder value enhancement through share repurchases and dividend increases, likely improving EPS.

MGIC Investment: Limited Upside Given Earnings Are Likely Peaking

Jul 09

Buy MGIC - Slow, Steady And Still Cheap

Feb 04

Home Mortgage Industry Arbitrage - Buy MGIC, Sell Rocket

Dec 26

Buy MGIC: Ramping Up The Cash To Investors

Nov 02

MGIC Investment May Be An Attractive Play On A Resilient Housing Market

Oct 16

Buy MGIC: This Time Mortgage Credit Really Is Different

Aug 16

Buy Housing Stock MGIC, Sell Redfin, Seriously Skewed Valuations

Jul 12

MGIC's Recent Rally Reduces Upside, But The Stock Remains A 'Buy'

Jun 25

MGIC Investment Q4 2022 Earnings Preview

Jan 31

Revenue & Expenses Breakdown

How MGIC Investment makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:MTG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 251,216754250
30 Jun 251,219763260
31 Mar 251,220774280
31 Dec 241,208763310
30 Sep 241,190763330
30 Jun 241,180746320
31 Mar 241,165732330
31 Dec 231,155713320
30 Sep 231,163720300
30 Jun 231,160787280
31 Mar 231,162845280
31 Dec 221,173865250
30 Sep 221,175848350
30 Jun 221,178756310
31 Mar 221,182660240
31 Dec 211,186635170
30 Sep 211,194612140
30 Jun 211,194585140
31 Mar 211,190446140
31 Dec 201,199446140
30 Sep 201,208472190
30 Jun 201,231518190
31 Mar 201,229672190
31 Dec 191,214674190
30 Sep 191,188654210
30 Jun 191,160659210
31 Mar 191,150678210
31 Dec 181,124670210
30 Sep 181,110540150
30 Jun 181,090478150
31 Mar 181,071410150
31 Dec 171,066356150
30 Sep 171,06143600
30 Jun 171,06537300
31 Mar 171,06536300
31 Dec 161,058343110
30 Sep 161,05033700
30 Jun 161,0461,10400
31 Mar 161,0431,10800
31 Dec 151,0651,17200
30 Sep 151,0531,14400
30 Jun 151,02539300
31 Mar 151,00432500
31 Dec 1496725200

Quality Earnings: MTG has high quality earnings.

Growing Profit Margin: MTG's current net profit margins (62%) are lower than last year (64.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MTG's earnings have grown by 8% per year over the past 5 years.

Accelerating Growth: MTG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MTG had negative earnings growth (-1.2%) over the past year, making it difficult to compare to the Diversified Financial industry average (8.5%).

Return on Equity

High ROE: MTG's Return on Equity (14.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/15 12:29
End of Day Share Price 2025/12/12 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MGIC Investment Corporation is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bruce HartingBarclays
Terry MaBarclays
Mihir BhatiaBofA Global Research