
MGIC Investment's record NIW growth, expanding insurance base and strong capital cushion support earnings as mortgage credit gradually normalizes.
MGIC Investment Corporation offers private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government-sponsored entities in the United States, Puerto Rico, and Guam. The company is headquartered in Milwaukee, Wisconsin.
| Revenue (TTM) | $1.20B |
| Gross Profit (TTM) | $1.11B |
| EBITDA | $923.72M |
| Operating Margin | 80.80% |
| Return on Equity | 13.90% |
| Return on Assets | 8.80% |
| Revenue/Share (TTM) | $5.45 |
| Book Value | $24.27 |
| Price-to-Book | 1.29 |
| Price-to-Sales (TTM) | 5.32 |
| EV/Revenue | 5.77 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 6.20% |
| Quarterly Revenue Growth (YoY) | -2.90% |
| Shares Outstanding | $205.13M |
| Float | $190.90M |
| % Insiders | 1.85% |
| % Institutions | 102.10% |
Volatility is currently expanding

MGIC Investment's record NIW growth, expanding insurance base and strong capital cushion support earnings as mortgage credit gradually normalizes.

MGIC (MTG) reported earnings 30 days ago. What's next for the stock?

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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGIC (MTG) have what it takes?

MGIC Investment NYSE: MTG reported second-quarter 2026 net income of $182 million, or $0.86 per diluted share, as favorable reserve development and lower operating expenses supported results. The mortgage insurer recorded an annualized return on equity of 14.5% and said book value per share rose 10% from a year earlier to $24.27.

MGIC Investment Corporation (MTG) Q2 2026 Earnings Call Transcript

Second Quarter 2026 Net Income of $182.1 million or $0.86 per Diluted Share Second Quarter 2026 Adjusted Net Operating Income (Non-GAAP) of $183.7 million or $0.87 per Diluted Share MILWAUKEE, July 29, 2026 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the second quarter of 2026. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "Our strong second quarter results, highlighted by a 14.5% return on equity, reflect the continued success of our disciplined execution.

MILWAUKEE, July 23, 2026 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors declared a quarterly cash dividend of $0.17 per share, an increase of 13% from the last quarterly dividend paid of $0.15 per share. This quarter's dividend will be payable on August 20, 2026, to shareholders of record as of August 5, 2026.
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