MGIC Investment (MTG) Set to Post Earnings on Wednesday

MGIC Investment (NYSE:MTG) is expected to announce its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect MGIC Investment to post earnings of $0.8090 per share and revenue of $298.66 million for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:00 AM ET.

MGIC Investment (NYSE:MTG) last posted its earnings results on Wednesday, July 29th. The insurance provider reported $0.87 EPS for the quarter, beating the consensus estimate of $0.76 by $0.11. The business had revenue of $295.39 million during the quarter, compared to analysts’ expectations of $297.54 million. During the same period last year, the company earned $0.82 EPS. The business’s quarterly revenue was down 2.9% compared to the same quarter last year. On average, analysts expect MGIC Investment to post $3.22 EPS for the current fiscal year and $3.37 EPS for the next fiscal year.

MGIC Investment Price Performance

MGIC Investment stock opened at $28.56 on Wednesday. The stock has a market cap of $5.86 billion, a PE ratio of 8.93 and a beta of 0.67. The stock’s fifty day moving average is $29.18 and its two-hundred day moving average is $27.75. MGIC Investment has a 1-year low of $24.69 and a 1-year high of $31.89.

Analyst Ratings Changes

MTG has been the topic of several research analyst reports. Royal Bank Of Canada raised their target price on MGIC Investment from $28.00 to $32.00 and gave the stock a “sector perform” rating in a research report on Friday, July 31st. Zacks Research downgraded MGIC Investment from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. Barclays increased their price target on shares of MGIC Investment from $28.00 to $29.00 and gave the company an “equal weight” rating in a research note on Monday, October 5th. BTIG Research started coverage on shares of MGIC Investment in a report on Tuesday, September 22nd. They set a “hold” rating on the stock. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of MGIC Investment from $29.00 to $30.00 and gave the stock a “market perform” rating in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $30.80.

Insider Buying and Selling

In other MGIC Investment news, COO Salvatore A. Miosi sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $26.06, for a total value of $781,800.00. Following the completion of the sale, the chief operating officer owned 440,951 shares in the company, valued at approximately $11,491,183.06. The trade was a 6.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paula C. Maggio sold 20,000 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $30.30, for a total value of $606,000.00. Following the completion of the sale, the executive vice president directly owned 149,620 shares of the company’s stock, valued at $4,533,486. The trade was a 11.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 217,114 shares of company stock worth $5,906,200 in the last quarter. 1.34% of the stock is owned by insiders.

MGIC Investment Company Profile

MGIC Investment Corporation (NYSE:MTG) is a holding company whose principal subsidiary is Mortgage Guaranty Insurance Corporation (MGIC), a provider of private mortgage insurance in the United States. MGIC’s insurance helps protect mortgage lenders and investors against losses when borrowers default, enabling qualified homebuyers to obtain mortgages with smaller down payments.

MGIC primarily offers primary mortgage insurance for residential loans, working with mortgage lenders, banks and other housing-finance institutions.