Mgic Investment CORP
Market Movers (8-K)
NYSE
MGIC Investment Corporation announced robust second quarter 2026 financial results, driven by disciplined execution and a strong return on equity.
NYSE
MGIC Investment Corporation reported Q1 2026 results with net income of $165.3 million, or $0.76 per diluted share, and announced a new $750 million share repurchase authorization.
Worse than expected
NYSE
MGIC Investment Corporation held its Annual Meeting of Shareholders on April 23, 2026, where directors were elected and executive compensation was approved.
NYSE
MGIC Investment Corporation reported solid financial results for the fourth quarter and full year 2025, ending the year with over $303 billion of insurance in-force and returning $915 million to shareholders.
Worse than expected
NYSE
Analisa M. Allen will resign from MGIC Investment Corporation's Board of Directors effective January 31, 2026, with no disagreements cited.
NYSE
MGIC Investment Corporation announced robust third-quarter 2025 financial results, reporting $191.1 million in net income and $0.83 diluted EPS, alongside strategic capital management actions.
Quarterly Earnings (10-Q)
NYSE
MGIC Investment Corporation reports a decrease in net income for Q2 2026 compared to the prior year, primarily due to increased losses incurred, though new insurance written saw an increase.
Worse than expected
NYSE
MGIC Investment Corporation reported a 4% decrease in third-quarter net income to $191.1 million, though diluted earnings per share increased 8% to $0.83 driven by share repurchases.
NYSE
MGIC Investment Corporation reported a decline in net income for the second quarter and year-to-date 2025, but saw diluted earnings per share rise due to significant share repurchases, alongside an increase in new insurance written.
NYSE
MGIC Investment Corporation's Q1 2025 net income increased to $185.5 million, driven by investment gains and lower operating expenses, despite a rise in losses incurred.
Better than expected
NYSE
MGIC Investment Corporation announced a net income of $200 million, or $0.77 per diluted share, for the third quarter of 2024, driven by increased investment income and decreased losses.
Better than expected
NYSE
MGIC Investment Corporation's Q2 2024 net income rose to $204.2 million, driven by increased investment income, despite a slight increase in losses incurred.
Better than expected
Annual Reports (10-K)
NYSE
MGIC Investment Corporation reported $738 million in net income for 2025, alongside significant capital returns to shareholders and maintained strong financial health.
Worse than expected
NYSE
MGIC Investment Corporation's 2024 results showcase increased net income and strategic capital management, despite a competitive mortgage insurance landscape.
Better than expected
NYSE
MGIC Investment Corporation reports a net income of $713 million for 2023, navigating a changing mortgage insurance landscape and expanding its reinsurance program.
Worse than expected
Insider Trading (Form 4)
NYSE
MGIC Investment Corp. reports a Form 4 filing detailing a transaction by President & COO Salvatore A. Miosi, who sold 30,000 shares of common stock under a pre-arranged Rule 10b5-1 trading plan.
NYSE
Nathaniel H. Colson, EVP, CFO & CRO of MGIC Investment Corp, reported a sale of 20,000 shares of common stock on June 25, 2026, executed under a Rule 10b5-1 trading plan.
NYSE
Salvatore A. Miosi, President and COO of MGIC Investment Corp, sold 30,000 shares of common stock via a 10b5-1 plan.
NYSE
Paula C. Maggio, EVP and General Counsel of MGIC Investment Corp, reported a transaction involving common stock.
NYSE
Director Mark Zandi acquired additional common stock and share units in MGIC Investment Corporation via dividend reinvestment.
NYSE
Director Sheryl L. Sculley acquired additional common stock and share units in MGIC Investment Corporation via dividend reinvestment.
Proxy Statements (Def-14A)
NYSE
MGIC Investment Corporation announced strong 2025 financial results, including record insurance in force, significant capital returns, and credit rating upgrades, alongside its 2026 Annual Meeting proposals.
Better than expected
NYSE
MGIC Investment Corporation clarifies the voting standard for the approval of the 2025 Omnibus Incentive Plan at its upcoming Annual Meeting of Shareholders.
NYSE
MGIC Investment Corporation's proxy statement details key proposals for the 2025 annual shareholder meeting, including director elections, executive compensation, and approval of a new incentive plan.
Better than expected
NYSE
MGIC Investment Corporation files proxy statement for its 2024 Annual Meeting, urging shareholders to vote on director elections, executive compensation, and auditor ratification.
Schedule 13G - Passive Investments
NYSE
JPMorgan Chase & Co. has filed a Schedule 13G, reporting beneficial ownership of 5.2% of MGIC Investment Corp's common stock as of March 31, 2026.
NYSE
JPMorgan Chase & Co. has filed a Schedule 13G, reporting beneficial ownership of 5.2% of MGIC Investment Corporation's common stock as of March 31, 2026.
NYSE
Vanguard Capital Management has reported beneficial ownership of 11,372,306 shares, representing 5.28% of MGIC Investment Corp's common stock as of March 31, 2026.
NYSE
Vanguard Portfolio Management has reported beneficial ownership of 18,071,970 shares, representing 8.4% of MGIC Investment Corp's common stock as of March 31, 2026.
NYSE
Dimensional Fund Advisors LP has increased its beneficial ownership of MGIC Investment Corp common stock to 6.3%, holding over 13.6 million shares.
NYSE
AQR Capital Management, LLC and its parent company have reported a beneficial ownership of 5.19% in MGIC Investment Corp, totaling 11,616,282 common shares.