MGIC Investment (MTG) Projected to Post Quarterly Earnings on Wednesday

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

MGIC Investment (NYSE:MTG) last released its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.03. The firm had revenue of $297.08 million for the quarter, compared to analyst estimates of $303.12 million. MGIC Investment had a net margin of 59.63% and a return on equity of 14.01%. The business’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same period last year, the firm earned $0.75 earnings per share. 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 0.9%

Shares of NYSE MTG opened at $29.06 on Wednesday. The stock has a market capitalization of $6.15 billion, a P/E ratio of 9.23, a P/E/G ratio of 2.02 and a beta of 0.67. The company has a 50-day moving average price of $26.81 and a 200-day moving average price of $26.90. MGIC Investment has a 1 year low of $24.69 and a 1 year high of $29.97. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.14 and a quick ratio of 1.14.

MGIC Investment Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Wednesday, May 6th were given a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, May 6th. This represents a $0.60 annualized dividend and a yield of 2.1%. MGIC Investment’s dividend payout ratio (DPR) is presently 19.05%.

MGIC Investment declared that its Board of Directors has authorized 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 often an indication that the company’s board believes its shares are undervalued.

Insider Transactions at MGIC Investment

In related news, COO Salvatore A. Miosi sold 30,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $25.38, for a total transaction of $761,400.00. Following the completion of the sale, the chief operating officer owned 560,951 shares in the company, valued at approximately $14,236,936.38. This trade represents a 5.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paula C. Maggio sold 20,937 shares of MGIC Investment stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $25.55, for a total transaction of $534,940.35. Following the completion of the sale, the executive vice president directly owned 169,620 shares in the company, valued at approximately $4,333,791. This represents a 10.99% 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 Investors Weigh In On MGIC Investment

Hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC grew its holdings in MGIC Investment by 31.3% during the fourth quarter. AQR Capital Management LLC now owns 11,616,282 shares of the insurance provider’s stock valued at $339,428,000 after purchasing an additional 2,771,533 shares during the period. First Trust Advisors LP raised its stake in shares of MGIC Investment by 1.7% in the fourth quarter. First Trust Advisors LP now owns 4,609,318 shares of the insurance provider’s stock valued at $134,684,000 after buying an additional 76,306 shares during the period. Northern Trust Corp lifted its position in shares of MGIC Investment by 10.7% during the 3rd quarter. Northern Trust Corp now owns 4,561,398 shares of the insurance provider’s stock valued at $129,407,000 after buying an additional 441,809 shares during the last quarter. Caisse de depot et placement du Quebec lifted its position in shares of MGIC Investment by 20.4% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 3,943,965 shares of the insurance provider’s stock valued at $111,890,000 after buying an additional 667,876 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of 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 acquiring an additional 195,895 shares during the period. Institutional investors own 95.58% of the company’s stock.

Wall Street Analysts Forecast Growth

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