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MGIC Investment Corp (MTG.N)

MTG.N on New York Stock Exchange

11.23USD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

MGIC Investment Q4 Earnings Per Share $0.07
Thursday, 18 Jan 2018 06:45am EST 

Jan 18 (Reuters) - MGIC Investment Corp ::MGIC INVESTMENT CORPORATION REPORTS FOURTH QUARTER 2017 RESULTS.Q4 ADJUSTED NON-GAAP OPERATING EARNINGS PER SHARE $0.43.Q4 EARNINGS PER SHARE $0.07.Q4 REVENUE $271.5 MILLION VERSUS $266.5 MILLION.Q4 EARNINGS PER SHARE VIEW $0.28 -- THOMSON REUTERS I/B/E/S.- QTRLY NEW INSURANCE WRITTEN OF $12.8 BILLION WAS UNCHANGED FROM Q4 OF 2016.- QTRLY NET PREMIUMS EARNED WERE $237.4 MILLION COMPARED TO $235.1 MILLION FOR THE SAME PERIOD LAST YEAR.- TAX REFORM RESULTED IN A REDUCTION OF APPROXIMATELY $133 MILLION IN NET INCOME FOR Q4 AND FULL YEAR 2017.- IMPACT OF TAX REFORM WAS REDUCTION OF $0.36 PER SHARE IN Q4 AND REDUCTION OF $0.34 PER SHARE FOR FULL YEAR 2017.- NET PREMIUMS WRITTEN FOR THE QUARTER WERE $259.5 MILLION, COMPARED TO $243.5 MILLION FOR THE SAME PERIOD LAST YEAR.  Full Article

MGIC Investment Q3 earnings per share $0.32
Wednesday, 18 Oct 2017 06:45am EDT 

Oct 18 (Reuters) - MGIC Investment Corp :MGIC investment corporation reports third quarter 2017 results.Q3 adjusted non-gaap operating earnings per share $0.32.Q3 earnings per share $0.32.Q3 revenue $270.4 million versus $273.9 million.Q3 earnings per share view $0.26 -- Thomson Reuters I/B/E/S.MGIC Investment - ‍at Sept 30, percentage of loans that were delinquent, excluding bulk loans, was 3.19 percent,compared to 4.05 percent at Dec 31, 2016​.MGIC Investment Corp qtrly ‍new insurance written $14.1 billion versus $14.2 billion ​.Qtrly ‍net premiums earned were $237.1 million compared to $237.4 million for same period last year​.MGIC Investment Corp - ‍new insurance written in Q3 was $14.1 billion, compared to $14.2 billion in Q3 of 2016​.MGIC Investment Corp - ‍net premiums written for quarter were $255.9 million, compared to $250.3 million for same period last year​.  Full Article

MGIC Investment announces pricing of offering of $425 mln of senior notes due 2023
Tuesday, 2 Aug 2016 05:26pm EDT 

MGIC Investment Corp : Notes will bear interest at a rate of 5.750 pct per year . Announces pricing of offering of $425 million of senior notes due 2023 .Notes will mature on August 15, 2023.  Full Article

MGIC Investment announces $350 million public offering of senior notes due 2023
Monday, 1 Aug 2016 06:50am EDT 

Mgic Investment : Mgic investment corporation announces $350 million public offering of senior notes due 2023 . May use proceeds to buy portion of $256.9 million outstanding 9% convertible junior subordinated debentures due 2063 owned by holders other than co . To use portion of proceeds to buy shares of common stock to offset shares used as consideration in purchase of 2020 convertible notes .To use portion of net proceeds to purchase portion of company's $500 million of outstanding 2% convertible senior notes due 2020.  Full Article

MGIC Investment Corp reports Q2 earnings per share $0.26
Tuesday, 19 Jul 2016 06:45am EDT 

MGIC Investment Corp : MGIC Investment Corporation reports second quarter 2016 results . Q2 earnings per share $0.26 . Q2 revenue $263.5 million versus $243.1 million . Says new insurance written in Q2 was $12.6 billion, compared to $11.8 billion in Q2 of 2015 . Net premiums written for the quarter were $250.0 million, compared to $226.8 million for the same period last year . Q2 earnings per share view $0.20, revenue view $255.2 million -- Thomson Reuters I/B/E/S . At June 30, 2016, percentage of loans that were delinquent, excluding bulk loans, was 4.2 percent, compared to 5.1 percent at December 31, 2015 . MGIC Investment Corp says at June 30, 2016, percentage of loans that were delinquent, excluding bulk loans, was 4.2 percent, versus 5.1 percent at Dec 31,2015 .Qtrly net premiums earned $231.5 million versus $213.5 million.  Full Article

BRIEF-Mgic Investment Corp - CEO Patrick Sinks' 2017 Compensation Was $7 Million Versus $5.8 Million In 2016 - SEC Filing

* MGIC INVESTMENT CORP - CEO PATRICK SINKS' 2017 COMPENSATION WAS $7 MILLION VERSUS $5.8 MILLION IN 2016 - SEC FILING Source text for Eikon: Further company coverage: