MGIC Investment (MTG) Earnings Date, Estimates & Call Transcripts

$17.34

-0.08 (-0.46%)

(As of 11/29/2023 ET)

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Today's Range: $17.31
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$17.64
50-Day Range: $16.46
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$17.91
52-Week Range: $12.15
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$18.25

Volume: 2.45 million shs
Average Volume: 2.29 million shs
Market Capitalization: $4.81 billion

P/E Ratio: 7.02
Dividend Yield: 2.65%
Price Target: $19.00

Upcoming Earnings Date: Feb. 7Estimated
Actual EPS (Oct. 31): $0.64 Beat By $0.07
Consensus EPS (Oct. 31): $0.57

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Earnings Per Share Revenue

MTG Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MTG Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

MGIC Investment Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q3 2023	1	$0.56	$0.56	$0.56
Q4 2023	1	$0.57	$0.57	$0.57
2023	2	$1.13	$1.13	$1.13
Q1 2024	1	$0.57	$0.57	$0.57
Q2 2024	1	$0.59	$0.59	$0.59
Q3 2024	1	$0.79	$0.79	$0.79
Q4 2024	1	$0.59	$0.59	$0.59
FY 2024	4	$2.54	$2.54	$2.54
Q1 2025	1	$0.42	$0.42	$0.42
Q2 2025	1	$0.70	$0.70	$0.70

MTG Earnings Date and Information

MGIC Investment last released its quarterly earnings data on October 31st, 2023. The insurance provider reported $0.64 EPS for the quarter, topping the consensus estimate of $0.57 by $0.07. The company earned $296.50 million during the quarter, compared to analysts' expectations of $296.31 million. Its quarterly revenue was up 1.3% compared to the same quarter last year. MGIC Investment has generated $2.47 earnings per share over the last year ($2.47 diluted earnings per share) and currently has a price-to-earnings ratio of 7.0. Earnings for MGIC Investment are expected to decrease by -2.47% in the coming year, from $2.43 to $2.37 per share. MGIC Investment has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, February 7th, 2024 based off prior year's report dates.

MGIC Investment Earnings History by Quarter

Time Frame

Start Date

End Date

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Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
2/7/2024 Estimated)	-	-	-	-	-	-	-
10/31/2023	Q3 2023	$0.57	$0.64	+$0.07	$0.64	$296.31 million	$296.50 million
8/2/2023	Q2 2023	$0.55	$0.68	+$0.13	$0.70	$292.51 million	$290.70 million
5/3/2023	Q1 2023	$0.51	$0.54	+$0.03	$0.55	$291.89 million	$284.00 million
2/2/2023	Q4 2022	$0.59	$0.64	+$0.05	$0.64	$295.17 million	$292.25 million
11/2/2022	Q3 2022	$0.55	$0.86	+$0.31	$0.91	$322.19 million	$296.06 million
8/3/2022	Q2 2022	$0.54	$0.81	+$0.27	$0.82	$306.01 million	$297.86 million
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5/4/2022	Q1 2022	$0.58	$0.60	+$0.02	$0.66	$292.28 million	$294.60 million
2/2/2022	Q4 2021	$0.45	$0.61	+$0.16	$0.70	$290.90 million	$294.12 million
11/3/2021	Q3 2021	$0.46	$0.46	-	$0.46	-	$294.74 million
8/4/2021	Q2 2021	$0.42	$0.44	+$0.02	$0.44	$291.76 million	$297.80 million
5/5/2021	Q1 2021	$0.42	$0.42	-	$0.41	-	$295.74 million
2/22/2021	Q4 2020	$0.39	$0.43	+$0.04	$0.42	$301.73 million	$302.28 million

MGIC Investment Earnings - Frequently Asked Questions

When is MGIC Investment's earnings date?: MGIC Investment has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, February 7th, 2024 based off last year's report dates. Learn more on MTG's earnings history.
Did MGIC Investment beat their earnings estimates last quarter?: In the previous quarter, MGIC Investment (NYSE:MTG) reported $0.64 earnings per share (EPS) to beat the analysts' consensus estimate of $0.57 by $0.07. Learn more on analysts' earnings estimate vs. MTG's actual earnings.
How can I listen to MGIC Investment's earnings conference call?: The conference call for MGIC Investment's latest earnings report can be listened to online. Listen to Conference Call

How much revenue does MGIC Investment generate each year?: MGIC Investment (NYSE:MTG) has a recorded annual revenue of $1.17 billion.
How much profit does MGIC Investment generate each year?: MGIC Investment (NYSE:MTG) has a recorded net income of $865.35 million. MTG has generated $2.47 earnings per share over the last four quarters.
What is MGIC Investment's price-to-earnings ratio?: MGIC Investment (NYSE:MTG) has a trailing price-to-earnings ratio of 7.02 and a forward price-to-earnings ratio of 7.14. The price/earnings-to-growth ratio is 1.45.
What is MGIC Investment's EPS forecast for next year?: MGIC Investment's earnings are expected to decrease from $2.43 per share to $2.37 per share in the next year, which is a -2.47% change.

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This page (NYSE:MTG) was last updated on 11/30/2023 by MarketBeat.com Staff

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MGIC Investment (MTG) Earnings Date, Estimates & Call Transcripts

MTG Earnings Estimates and Actuals by Quarter

MTG Estimated and Actual Revenue by Quarter

MGIC Investment Analyst EPS Estimates

MTG Earnings Date and Information

MGIC Investment Earnings History by Quarter

MGIC Investment Earnings - Frequently Asked Questions

More Earnings Resources from MarketBeat

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MGIC Investment (MTG) Earnings Date, Estimates & Call Transcripts

Earnings Summary

MTG Earnings Estimates and Actuals by Quarter

MTG Estimated and Actual Revenue by Quarter

MGIC Investment Analyst EPS Estimates

MTG Earnings Date and Information

MGIC Investment Earnings History by Quarter

MGIC Investment Earnings - Frequently Asked Questions

More Earnings Resources from MarketBeat