Earnings Summary

MGIC Investment Corp’s revenue fell -1.59% since last year same period to $293.12Mn in the Q2 2022. On a quarterly growth basis, MGIC Investment Corp has generated -0.51% fall in its revenue since last 3-months.

MGIC Investment Corp’s net profit jumped 62.87% since last year same period to $249.27Mn in the Q2 2022. On a quarterly growth basis, MGIC Investment Corp has generated 42.43% jump in its net profits since last 3-months.

MGIC Investment Corp’s net profit margin jumped 65.5% since last year same period to 85.04% in the Q2 2022. On a quarterly growth basis, MGIC Investment Corp has generated 43.16% jump in its net profit margins since last 3-months.

MGIC Investment Corp’s price-to-earnings ratio after this Q2 2022 earnings stands at 6.63.

MGIC Investment Corp’s earning per share (EPS) estimates for the current quarter stand at 0.5 - a 2.04% jump from last quarter’s estimates.

MGIC Investment Corp’s earning per share (EPS) estimates for the current year stand at 0.5.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. MGIC Investment Corp’s return on assets (ROA) stands at 0.1.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. MGIC Investment Corp’s return on equity (ROE) stands at 0.16.

MGIC Investment Corp declared 0.32 dividend per share during the earnings announcement for Q2 2022.