Zacks Investment Research·2d ago
MTG Q3 Earnings Beat on Lower Expenses, Revenues Fall Y/YMGIC beats Q3 earnings estimates as insurance-in-force growth and expense discipline help offset rising losses and delinquencies.
MGIC Investment Corporation (MTG) is exhibiting exceptional underwriting profitability, with a combined ratio of 19.1% in 2026Q2 and a loss ratio of just 4.2%, reflecting a benign credit environment and conservative reserve releases.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 4, 2026 | $0.85+5.1% vs $0.81 | $299M+0.1% vs $299M |
Q3 2026 Jul 29, 2026 | $0.87+14.0% vs $0.76 | $295M-0.7% vs $298M |
Q2 2026 Apr 29, 2026 | $0.76+4.1% vs $0.73 | $297M-2.0% vs $303M |
Q1 2026 Feb 2, 2026 | $0.75+2.7% vs $0.73 | $299M-3.1% vs $308M |
MGIC beats Q3 earnings estimates as insurance-in-force growth and expense discipline help offset rising losses and delinquencies.
MGIC Investment Corporation ( MTG ) Q3 2026 Earnings Call November 5, 2026 10:00 AM EST Company Participants Andrea Bolyard Timothy Mattke - CEO & Director Nathaniel Colson - Executive VP, CFO & Chief Risk Officer Conference Call Participants Terry Ma - Barclays Bank PLC, Research Division Bose George - Keefe, Bruyette, & Woods, Inc., Research Division Douglas Harter - BTIG, LLC, Research Division Rowland Mayor - RBC Capital Markets, Research Division Mihir Bhatia - BofA Securities, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome to the MGIC Investment Corporation Third Quarter 2026 Earnings Call. [Operator Instructions] I will now turn the conference over to Andrea Bolyard, Director, Corporate Communications.
Although the revenue and EPS for MGIC (MTG) give a sense of how its business performed in the quarter ended September 2026, 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 $0.85 per share, beating the Zacks Consensus Estimate of $0.8 per share. This compares to earnings of $0.83 per share a year ago.
Benchmark MTG against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for MGIC Investment Corporation (MTG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $28.60 | $5.87B | 8.49 | 0.49% | 58.12% | 13.8% | 2.05% | |
| $35.97 | $4.78B | 8.65 | -3.36% | 28.41% | 11.73% | 2.93% | |
| $63.41 | $5.84B | 8.37 | -0.49% | 49.31% | 12% | 1.92% | |
| $39.03 | $2.97B | 7.56 | 8.39% | 53.13% | 14.78% | — | |
| $46.43 | $6.48B | 9.46 | 2.37% | 54.13% | 12.75% | 1.74% | |
| $65.59 | $3.41B | 14.52 | 55.29% | 5.44% | 5.54% | 1.77% |
MGIC Investment Corporation (MTG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
MGIC Investment Corporation (MTG) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 29, 2026·SEC
Apr 29, 2026·SEC
Apr 23, 2026·SEC
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MGIC Investment Corporation (MTG) stock FAQ — growth, dividends, profitability & financials explained
MGIC Investment Corporation (MTG) revenue fell by 2.2% over the trailing twelve months, compared with the twelve months before.
Yes. MGIC Investment Corporation (MTG) earned $691.7M in net income over the trailing twelve months (a 58.1% net margin).
Yes. MGIC Investment Corporation (MTG) pays a dividend that yields 2.05% at the current price, a moderate yield.
MGIC Investment Corporation (MTG) had a return on equity (ROE) of 13.8% over the trailing twelve months. That is in line with the market's typical 10-15%.
MGIC Investment Corporation (MTG) has a combined ratio of 23.5%. A ratio below 100% indicates underwriting profitability.
