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

$24.88

+0.45 (+1.84%)

(As of 07/26/2024 ET)

Compare

Upcoming Earnings Date: Jul. 31
After Market Closes
Confirmed
Actual EPS (May. 1): $0.65 Beat By $0.05
Consensus EPS (May. 1): $0.60

Read Call Transcript

Listen to Call

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.

Ad The Oxford Club

Man Who Called Nvidia at $1.10 Says Buy This Now...

In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.

Watch Alex's "Next Magnificent Seven" presentation now.

MGIC Investment Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2024	2	$0.58	$0.59	$0.59
Q2 2024	2	$0.61	$0.62	$0.62
Q3 2024	2	$0.63	$0.63	$0.63
Q4 2024	1	$0.63	$0.63	$0.63
FY 2024	7	$2.45	$2.47	$2.46
Q1 2025	2	$0.60	$0.63	$0.62
Q2 2025	2	$0.65	$0.69	$0.67
Q3 2025	2	$0.44	$0.68	$0.56
Q4 2025	2	$0.70	$0.83	$0.77
FY 2025	8	$2.39	$2.83	$2.61
Q1 2026	1	$0.75	$0.75	$0.75

MTG Earnings Date and Information

MGIC Investment last issued its earnings results on May 1st, 2024. The insurance provider reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.05. The business had revenue of $294.40 million for the quarter, compared to the consensus estimate of $301.62 million. Its quarterly revenue was up 3.7% compared to the same quarter last year. MGIC Investment has generated $2.60 earnings per share over the last year ($2.60 diluted earnings per share) and currently has a price-to-earnings ratio of 9.6. Earnings for MGIC Investment are expected to grow by 3.17% in the coming year, from $2.52 to $2.60 per share. MGIC Investment has confirmed that its next quarterly earnings report will be published on Wednesday, July 31st, 2024. MGIC Investment will be holding an earnings conference call on Thursday, August 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call..

MGIC Investment Earnings History by Quarter

Time Frame

Start Date

End Date

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
7/31/2024 (Confirmed)	-	-	-	-	-	-	-
5/1/2024	Q1 2024	$0.60	$0.65	+$0.05	$0.66	$301.62 million	$294.40 million
1/31/2024	Q4 2023	$0.57	$0.67	+$0.10	$0.68	$302.96 million	$284.72 million
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
Get the Latest News and Ratings for MTG and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for MGIC Investment and its competitors with MarketBeat's FREE daily newsletter.
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
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
11/9/2020	Q3 2020	$0.30	$0.43	+$0.13	$0.48	$294.63 million	$296.00 million
8/4/2020	Q2 2020	$0.15	$0.03	($0.12)	$0.02	$293.92 million	$293.70 million
5/7/2020	Q1 2020	$0.42	$0.42	-	$0.42	$304.61 million	$306.90 million
2/4/2020	Q4 2019	$0.42	$0.49	+$0.07	$0.49	$307.10 million	$311.60 million
10/22/2019	Q3 2019	$0.43	$0.48	+$0.05	$0.47	$299.00 million	$318.38 million

MGIC Investment Earnings - Frequently Asked Questions

When is MGIC Investment's earnings date?: MGIC Investment has confirmed that its next quarterly earnings data will be published on Wednesday, July 31st, 2024. 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 $0.65 earnings per share (EPS) to beat the analysts' consensus estimate of $0.60 by $0.05. 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 can I read MGIC Investment's conference call transcript?: The conference call transcript for MGIC Investment's latest earnings report can be read online. Read Transcript
How much revenue does MGIC Investment generate each year?: MGIC Investment (NYSE:MTG) has a recorded annual revenue of $1.16 billion.
How much profit does MGIC Investment generate each year?: MGIC Investment (NYSE:MTG) has a recorded net income of $712.95 million. MTG has generated $2.60 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 9.57 and a forward price-to-earnings ratio of 9.87. The price/earnings-to-growth ratio is 7.87.
What is MGIC Investment's EPS forecast for next year?: MGIC Investment's earnings are expected to grow from $2.52 per share to $2.60 per share in the next year, which is a 3.17% increase.