NYSE: MTG
Mgic Investment Corp Earnings Dates, Reports, Calls

Mgic Investment earnings were $763.0M for the trailing 12 months ending Dec 31, 2024, with 16.3% growth year over year. The latest MTG earnings report on Dec 31, 2024 announced Q4 2024 earnings of $184.7M, down 7.6% from last quarter. For the last reported fiscal year 2024 ending Dec 31, 2024, MTG reported annual earnings of $763.0M, with 7% growth.

MTG past earnings growth

How has MTG's earnings growth performed historically?

Company
16.33%
Industry
42.22%
Market
65.38%
MTG's earnings have grown slower... subscribe to Premium to read more.
Earnings Growth vs Industry Performance
MTG's earnings have grown slower... subscribe to Premium to read more.
Earnings Growth vs Market Performance
MTG's earnings growth is accelerating... subscribe to Premium to read more.
Accelerating Earnings Growth Performance

MTG earnings history

Current Revenue
$1.2B
Current Earnings
$763.0M
Current Profit Margin
63.2%
MTG's has demonstrated consistent long-term... subscribe to Premium to read more.
Long-term Earnings Growth Trend Performance

MTG Return on Equity

Current Company
14.8%
Current Industry
13.1%
Current Market
34.1%
MTG's Return on Equity (14.8%)... subscribe to Premium to read more.
High Return on Equity Performance

MTG undefined

Current Company
11.6%
Current Industry
3.8%
MTG is generating higher Return... subscribe to Premium to read more.
Above Average Return on Assets Performance

Be the first to know when MTG announces earnings.

MTG undefined

Current Company
0%
Current Industry
1.1%

MTG vs Specialty Insurance Stocks

TickerEBITDAEarningsY/Y EarningsEPS
MTG$1.02B$762.99M+8.86%$2.92
ESNT$896.59M$729.40M+4.03%$6.92
FAF$561.90M$158.60M-23.50%$1.53
ACT$929.22M$688.07M+1.13%$4.40
RDN$958.05M$604.44M+4.22%$3.96

Mgic Investment Earnings Reports & History FAQ

What were Mgic Investment's earnings last quarter?

On MTG's earnings call on Invalid Date, Mgic Investment (NYSE: MTG) reported Q4 2024 earnings per share (EPS) of $0.74, up 12.12% year over year. Total MTG earnings for the quarter were $184.70 million. In the same quarter last year, Mgic Investment's earnings per share (EPS) was $0.66.

If you're new to stock investing, here's how to buy Mgic Investment stock.

Is Mgic Investment profitable or losing money?

As of the last Mgic Investment earnings report, Mgic Investment is currently profitable. Mgic Investment's net profit (also called net income) for the twelve months ending Dec 31, 2024 was $762.99 million, a 7.02% increase year over year.

What was MTG's earnings growth in the past year?

As of Mgic Investment's earnings date in Invalid Date, Mgic Investment's earnings has grown 16.33% year over year. This is 25.88 percentage points lower than the US Insurance - Specialty industry earnings growth rate of 42.22%. MTG earnings in the past year totalled $762.99 million.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.