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MGIC INVESTMENT (MTG)

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Earnings summaries and quarterly performance for MGIC INVESTMENT.

Recent press releases and 8-K filings for MTG.

MGIC Investment Corporation Reports Strong Q3 2025 Financial Results and Significant Capital Returns
MTG
Earnings
Dividends
Share Buyback
  • MGIC Investment Corporation reported net income of $191 million and $0.83 per diluted share for Q3 2025, achieving an annualized return on equity of 14.8%.
  • The company returned $918 million of capital to shareholders over the prior four quarters through dividends and share repurchases, representing a 122% payout of net income. In Q3 2025, share repurchases totaled $188 million for 7 million shares, and a quarterly common stock dividend of $0.15 per share was paid.
  • Book value per share grew to $22.87, an 11% increase year-over-year, and insurance in force surpassed $300 billion. New Insurance Written (NIW) for the quarter was $16.5 billion.
  • The delinquency rate increased 11 basis points in the quarter to 2.32%, and the company recognized $47 million in favorable loss reserve development.
  • Operating expenses for Q3 were $50 million, and full-year operating expenses are now expected to be toward the higher end of the $195 million to $205 million range.
Oct 30, 2025, 2:00 PM
MGIC Investment Corporation Reports Strong Q3 2025 Financial Results and Significant Capital Returns
MTG
Earnings
Dividends
Share Buyback
  • MGIC Investment Corporation (MTG) reported net income of $191 million and an annualized return on equity of 14.8% for Q3 2025.
  • The company's book value per share grew 11% year-over-year to $22.87, and it achieved over $300 billion of insurance in force.
  • MTG returned $918 million of capital to shareholders over the prior four quarters through dividends and share repurchases, representing a 122% payout of net income, and paid a $400 million dividend to the holding company in Q3 2025.
  • Diluted earnings per share for Q3 2025 were $0.83, and the company recorded $47 million in favorable loss reserve development.
  • Operating expenses for Q3 2025 were $50 million, with full-year operating expenses now expected to be at the higher end of the $195 million-$205 million range.
Oct 30, 2025, 2:00 PM
MGIC Investment Corporation Announces Strong Q3 2025 Results and Significant Capital Returns
MTG
Earnings
Dividends
Share Buyback
  • MGIC Investment Corporation reported net income of $191 million and $0.83 per diluted share for Q3 2025, achieving an annualized return on equity of 14.8%.
  • The company returned $918 million of capital to shareholders over the past four quarters through dividends and share repurchases, reducing outstanding shares by 12%, with a 122% payout of net income during that period. In Q3 2025 alone, $188 million was used for share repurchases and $34 million for common stock dividends.
  • MGIC reached $300 billion of insurance in force and generated $16.5 billion in new insurance written (NIW) in Q3 2025. The delinquency rate increased 11 basis points to 2.32%.
  • Operating expenses for Q3 2025 were $50 million, and the company anticipates full-year operating expenses to be towards the higher end of the $195 million to $205 million range.
  • The company bolstered its reinsurance program with new transactions, including a $250 million seasoned excess of loss transaction and a 40% quota share transaction, and amended existing treaties to reduce costs by approximately 40% starting in 2026.
Oct 30, 2025, 2:00 PM
MGIC Reports Q3 2025 Financial and Operational Highlights
MTG
Earnings
  • MGIC reported net losses incurred of $11 million for Q3 2025.
  • The company's delinquency inventory as of September 30, 2025, was 25,747 loans.
  • Statutory capital for Q3 2025 included a surplus of $1,075 million and contingency reserves of $4,905 million, with $338 million in contingency reserve releases.
  • For 2025 originations, $11.3 billion in original risk was written, characterized by a weighted average FICO of 755 and LTV of 93.1.
Oct 30, 2025, 2:00 PM
MGIC Investment Corporation Reports Q3 2025 Results and Positive S&P Outlook
MTG
Earnings
Share Buyback
Dividends
  • MGIC Investment Corporation reported net income of $191.1 million or $0.83 per diluted share for the third quarter of 2025.
  • The company repurchased 7.0 million shares for $187.9 million in Q3 2025 and an additional 2.4 million shares for $65.7 million through October 24, 2025.
  • A dividend of $0.15 per common share was paid for Q3 2025, with another $0.15 per common share declared payable on November 20, 2025.
  • S&P revised its outlook to positive from stable for MGIC Investment Corporation and its core operating subsidiaries on October 27, 2025.
  • As of September 30, 2025, MGIC's Available Assets were $5.9 billion, exceeding its Minimum Required Assets by $2.5 billion, demonstrating compliance with PMIERs.
Oct 29, 2025, 8:05 PM
MGIC Investment Corporation Reports Q3 2025 Results and Positive S&P Outlook Revision
MTG
Earnings
Share Buyback
Dividends
  • MGIC Investment Corporation reported Net Income of $191.1 million and $0.83 per Diluted Share for the third quarter of 2025.
  • New insurance written (NIW) for Q3 2025 was $16.5 billion, contributing to $300.8 billion in insurance in force as of September 30, 2025.
  • The company returned capital to shareholders by repurchasing 7.0 million shares for $187.9 million in Q3 2025, with an additional 2.4 million shares repurchased for $65.7 million through October 24, 2025. A dividend of $0.15 per common share was paid in Q3 2025, and another was declared payable on November 20, 2025.
  • S&P revised its outlook to positive from stable for MGIC Investment Corporation and its core operating subsidiaries on October 27, 2025.
Oct 29, 2025, 8:04 PM