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MTG

MGIC Investment Corp.

$13

Earnings Summary

Revenue
$270.36Mn
Net Profits
$120.03Mn
Net Profit Margins
44.4%

Highlights

Revenue:

MGIC Investment Corp.’s revenue fell -1.27% since last year same period to $270.36Mn in the Q3 2017. On a quarterly growth basis, MGIC Investment Corp. has generated 2.68% jump in its revenue since last 3-months.

Net Profits:

MGIC Investment Corp.’s net profit jumped 111.99% since last year same period to $120.03Mn in the Q3 2017. On a quarterly growth basis, MGIC Investment Corp. has generated 1.18% jump in its net profits since last 3-months.

Net Profit Margins:

MGIC Investment Corp.’s net profit margin jumped 114.73% since last year same period to 44.4% in the Q3 2017. On a quarterly growth basis, MGIC Investment Corp. has generated -1.45% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the MGIC Investment Corp. post its latest quarter earnings

EPS Estimate Current Quarter
0.53
EPS Estimate Current Year
0.53

Highlights

EPS Estimate Current Quarter:

MGIC Investment Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.53 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

MGIC Investment Corp.’s earning per share (EPS) estimates for the current year stand at 0.53.

Key Ratios

Key ratios of the MGIC Investment Corp. post its Q4 2022 earnings

Return on Assets (ROA)
0.11
Return on Equity (ROE)
0.18
Dividend Per Share (DPS)
0.1

Highlights

Return on Assets (ROA):

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 0.11.

Earning Per Share (EPS):

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 0.18.

Dividend Per Share (DPS):

MGIC Investment Corp. declared 0.1 dividend per share during the earnings announcement for Q4 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2018-02-23
0.28
0.43
53.57%
2017-05-05
0.24
0.31
29.17%
2017-08-04
0.25
0.31
24%
2017-11-07
0.26
0.32
23.08%

Company Information

Mortgage Guaranty Insurance Corporation 'MGIC', the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance.

Organisation
MGIC Investment Corp.
Headquarters
MGIC Plaza, Milwaukee, WI, United States, 53202
Employees
683
Industry
Finance
CEO
Timothy Mattke