The latest quarterly earnings report for MTG is scheduled for Tuesday, April 28th, with a consensus estimate EPS of 0.73.
MGIC Investment Corporation (MTG) is currently priced at $29.49, showing a price change of 46 cents, a 1.58% increase from the previous close. Trading volume is at $280,292, representing a 13.69% increase relative to the average.
MTG's most recent earnings report on Sunday, February 1st, met the consensus estimate EPS of 0.73. Further details on revenue and profit margin are pending.
MTG offers a forward dividend yield of 2.03%, with a dividend per share MRQ of 15 cents and a TTM of 58 cents.
The company has a free cash flow of $230.15 million, with a net change in cash of $103.72 million, reaching a total cash of $375.51 million at the end of the period.
MTG reported a revenue of $298.65 million, leading to a net income of $169.31 million. Earnings per share (EPS) stands at 75 cents.
Key ratios include a gross profit margin of 89.55%, a net profit margin of 56.69%, and a price-to-earnings ratio of 9.74.
MTG's total assets amount to $6.64 billion, with total liabilities at $1.49 billion, showcasing a strong financial position.
This real-time financial report provides insights into MTG's current performance and upcoming earnings, reflecting a positive outlook.
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.