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MGIC Investment Corp (MTG.N)

MTG.N on New York Stock Exchange

12.45USD
19 Oct 2018
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Latest Key Developments (Source: Significant Developments)

MGIC Investment Corp Announces $200 Mln Share Repurchase Program
Thursday, 26 Apr 2018 04:15pm EDT 

April 26 (Reuters) - MGIC Investment Corp ::MGIC INVESTMENT CORPORATION ANNOUNCES $200 MILLION SHARE REPURCHASE PROGRAM.MGIC INVESTMENT CORP - MAY REPURCHASE UP TO $200 MILLION OF ITS COMMON STOCK THROUGH END OF 2019.  Full Article

MGIC Hires Sean Valcamp, Vice President, Chief Information Security Officer
Thursday, 22 Mar 2018 09:30am EDT 

March 22 (Reuters) - Mgic Investment Corp ::MGIC HIRES SEAN VALCAMP, VICE PRESIDENT, CHIEF INFORMATION SECURITY OFFICER.  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 Corporation reports second quarter 2017 results
Thursday, 20 Jul 2017 06:45am EDT 

July 20 (Reuters) - MGIC Investment Corp ::MGIC Investment Corporation reports second quarter 2017 results.Q2 adjusted non-GAAP operating earnings per share $0.31.Q2 earnings per share $0.31.Q2 revenue $263.3 million versus $263.5 million.Q2 earnings per share view $0.25 -- Thomson Reuters I/B/E/S.MGIC Investment Corp - new insurance written in Q2 was $12.9 billion, compared to $12.6 billion in Q2 of 2016.MGIC Investment Corp says net premiums written for quarter were $245.8 million, compared to $250.0 million for same period last year.MGIC Investment Corp - at June 30, percentage of loans delinquent, excluding bulk loans, was 3.23 percent, compared to 4.05 percent at Dec 31, 2016.Qtrly net premiums earned were $231.1 million compared to $231.5 million for same period last year.  Full Article

MGIC announces partnership with Savana Inc
Tuesday, 16 May 2017 06:22am EDT 

May 16 (Reuters) - MGIC Investment Corp :MGIC announces partnership with Savana Inc..MGIC investment- NGAGE / mortgage customers can order MGIC rate quotes as well as order delegated and non-delegated mortgage insurance.  Full Article

MGIC Investment reports Q1 EPS of $0.24
Thursday, 20 Apr 2017 06:45am EDT 

April 20 (Reuters) - Mgic Investment Corp :MGIC Investment Corp reports first quarter 2017 results.Q1 non-gaap operating earnings per share $0.31.Q1 earnings per share $0.24.Q1 revenue $260.9 million versus $258.6 million.New insurance written in Q1 was $9.3 billion, compared to $8.3 billion in Q1 of 2016.Qtrly net premiums written $236.7 million versus $231.3 million last year.Qtrly net premiums earned $229.1 million versus $221.3 million last year.At march 31, 2017, percentage of loans that were delinquent, excluding bulk loans, was 3.62 percent, compared to 4.05 pct at Dec 31, 2016.  Full Article

MGIC Investment Corporation reports fourth quarter 2016 results
Thursday, 19 Jan 2017 06:45am EST 

MGIC Investment Corp : MGIC Investment Corporation reports fourth quarter 2016 results . Q4 operating earnings per share $0.28 . Q4 revenue $266.5 million versus $258.4 million . MGIC Investment Corp says "we expect to write slightly less new insurance in 2017 compared to 2016" . MGIC Investment Corp says new insurance written in Q4 was $12.8 billion, compared to $9.8 billion in Q4 2015 . MGIC Investment Corp qtrly net premiums written $243.5 million versus $241.1 million . MGIC Investment Corp says at Dec 31, 2016, percentage of loans that were delinquent, excluding bulk loans, was 4.05 percent, versus 5.11 percent at December 31, 2015 . MGIC Investment Corp says "further we anticipate that number of new mortgage delinquency notices, claims paid and delinquency inventory will continue to decline" .MGIC Investment Corp says qtrly net premiums earned $235.1 million versus $226.2 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: