MGIC Investment Corporation (MGC)
XSTU 
Summary
MGC Chart
Why Is MGIC (MTG) Down 3.7% Since Last Earnings Report?
MGIC (MTG) reported earnings 30 days ago. What's next for the stock?
MGIC (MTG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for MGIC (MTG) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
MGIC Investment (MTG) Q1 Earnings Beat Estimates
MGIC Investment (MTG) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.75 per share a year ago.
MGIC Investment Corporation (MGC) FAQ
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MGIC Investment Corporation Profile
| Financial Services Industry | Financials Sector | Timothy James Mattke CEO | XSTU Exchange | 552848103 CUSIP |
| US Country | 555 Employees | 21 May 2026 Last Dividend | 3 Jun 1997 Last Split | 6 Aug 1991 IPO Date |
Overview
MGIC Investment Corporation operates in the United States, the District of Columbia, Puerto Rico, and Guam, providing a suite of services through its subsidiaries that focus on private mortgage insurance and other mortgage credit risk management solutions. It also offers ancillary services tailored for lenders and government-sponsored entities. Since its inception in 1957, MGIC Investment Corporation has established its headquarters in Milwaukee, Wisconsin, serving a diverse clientele that includes savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders.
Products and Services
- Primary Mortgage Insurance:
This service offers mortgage default protection on individual loans. It covers unpaid loan principal, delinquent interest, and various expenses associated with default and subsequent foreclosure. Primarily, it serves as a risk mitigation tool for lenders, ensuring that they are protected in the event of a borrower's failure to meet their mortgage obligations.
- Pool Insurance:
Targeted at secondary market mortgage transactions, this service provides a layer of protection for mortgage pools. By insuring a pool of mortgages, MGIC reduces the risk to investors, making the mortgage-backed securities derived from these pools more attractive and secure investments.
- Contract Underwriting Services:
MGIC offers underwriting services on a contractual basis, leveraging its expertise to assess mortgage applications on behalf of its clients. This service encompasses a rigorous evaluation of the borrower's creditworthiness, property value, and other risk factors associated with the mortgage application.
- Reinsurance:
As part of its comprehensive risk management solutions, MGIC provides reinsurance services, offering an additional layer of protection against mortgage loan defaults. This service is designed to spread the risk of loan defaults, making it a valuable tool for lenders looking to manage their exposure to mortgage credit risk.
