MGIC's earnings call presented a strong financial performance with significant share repurchases and dividends, alongside a stable insurance portfolio. However, they face challenges in the housing market and investment income stagnation, with potential increases in delinquency rates due to economic factors.

Company Guidance

During the MGIC Investment Corporation's second quarter 2025 earnings call, guidance highlighted several key financial metrics and strategic priorities. The company reported a net income of $193 million, with an annualized return on equity of 15%. New insurance written during the quarter amounted to $16 billion, while insurance in force totaled $297 billion, maintaining an annual persistency rate of 85%. MGIC executed share repurchases totaling 7.1 million shares for $181 million and paid a quarterly common stock dividend of $0.13 per share, amounting to $31 million. Over the last four quarters, these shareholder returns represented a 112% payout of net income. The guidance also reiterated the intent to continue using share repurchases as the primary method of returning capital to shareholders. Moreover, the company's book value per share rose to $22.11, an increase of 13% year-over-year. MGIC's operating expenses were reported at $52 million for the quarter, and the fiscal guidance for the full year remains at $195 million to $205 million. The company discussed its strategic focus on maintaining strong capital and risk management strategies, including reinsurance to reduce volatility and enhance financial resilience.

Strong Financial Performance

MGIC reported a net income of $193 million with an annualized return on equity of 15%, reflecting disciplined market approaches and risk management strategies.

High Persistency and Insurance in Force

The insurance in force remained at $297 billion with an annual persistency of 85%, indicating stability and alignment with expectations.

Effective Capital Management

MGIC repurchased 7.1 million shares for $181 million and paid $31 million in dividends, with a total payout of 112% on net income over the last four quarters.

Strong Credit Performance

The portfolio exhibited strong credit characteristics, with favorable loss reserve developments of $54 million due to higher-than-expected cure rates on delinquencies.

Increase in Book Value

Book value per share increased by 13% year-over-year to $22.11.

MGIC Investment (MTG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MTG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.73 / -	0.77	―	―	―
Jul 30, 2025	2025 (Q2)	0.72 / 0.82	0.77	6.49% (+0.05)
Apr 30, 2025	2025 (Q1)	0.69 / 0.75	0.65	15.38% (+0.10)
Feb 03, 2025	2024 (Q4)	0.67 / 0.72	0.67	7.46% (+0.05)
Nov 04, 2024	2024 (Q3)	0.66 / 0.77	0.64	20.31% (+0.13)
Jul 31, 2024	2024 (Q2)	0.64 / 0.77	0.68	13.24% (+0.09)
May 01, 2024	2024 (Q1)	0.60 / 0.65	0.54	20.37% (+0.11)
Jan 31, 2024	2023 (Q4)	0.56 / 0.67	0.64	4.69% (+0.03)
Oct 31, 2023	2023 (Q3)	0.56 / 0.64	0.86	-25.58% (-0.22)
Aug 02, 2023	2023 (Q2)	0.53 / 0.68	0.81	-16.05% (-0.13)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MTG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$25.23	$25.76	+2.10%
Apr 30, 2025	$24.65	$25.04	+1.58%
Feb 03, 2025	$24.74	$25.19	+1.82%
Nov 04, 2024	$23.03	$23.35	+1.39%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does MGIC Investment (MTG) report earnings?

MGIC Investment (MTG) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is MGIC Investment (MTG) earnings time?

MGIC Investment (MTG) earnings time is at Oct 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MTG EPS forecast?

MTG EPS forecast for the fiscal quarter 2025 (Q3) is 0.73.

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