| MGIC Investment: Solid Results Appear To Be In The Price |
MGIC Investment Corporation shares have risen 27% in the past year, driven by strong earnings and no direct tariff exposure. Q1 earnings beat estimates with $0.75 EPS, boosted by strong underwriting and elevated interest rates, though new policy growth is slowing. MGIC maintains stringent underwriting standards, with low delinquencies and a strong balance sheet, supporting ongoing share buybacks and dividends. |
seekingalpha.com |
2025-05-04 02:09:00 |
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| MGIC Investment Q1 Earnings Top, Insurance in Force Rises |
MTG's Q1 results reflect a rise in insurance in force, higher new insurance written and lower persistency. |
zacks.com |
2025-05-01 20:20:36 |
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| MGIC Investment Corporation Reports First Quarter 2025 Results |
First Quarter 2025 Net Income of $185.5 million or $0.75 per Diluted Share First Quarter 2025 Adjusted Net Operating Income (Non-GAAP) of $185.2 million or $0.75 per Diluted Share MILWAUKEE , April 30, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2025. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "I am pleased with our first quarter financial results, which reflect the continued strong performance we've achieved over the past few years. |
prnewswire.com |
2025-04-30 20:05:00 |
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| MGIC Investment Announces Additional $750 Million Share Repurchase Program and Quarterly Dividend of $0.13 Per Share |
MILWAUKEE , April 24, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced its board of directors has approved an additional share repurchase program with authorization to purchase up to $750 million of its common stock. The company is authorized to repurchase shares of its common stock from time to time through privately negotiated, open market or other transactions (including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended) at any time prior to December 31, 2027. |
prnewswire.com |
2025-04-24 17:22:00 |
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| MGIC Investment Corporation Schedules 1st Quarter 2025 Earnings Call |
MILWAUKEE , April 4, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2025 financial results after the market closes on Wednesday, April 30, 2025. A conference call/webcast has been scheduled for 10:00 a.m. |
prnewswire.com |
2025-04-04 21:36:00 |
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| Magic Software Enterprises Ltd. (MGIC) Q4 2024 Earnings Call Transcript |
Magic Software Enterprises Ltd. (NASDAQ:MGIC ) Q4 2024 Earnings Conference Call March 12, 2025 11:00 AM ET Company Participants Asaf Berenstin - Chief Financial Officer Guy Bernstein - Chief Executive Officer Yuval Lavi - Chief Technology Officer Conference Call Participants Maggie Nolan - William Blair Operator Ladies and gentlemen, thank you for standing by. |
seekingalpha.com |
2025-03-12 15:32:13 |
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| Magic Software Reports Fourth Quarter and Full Year 2024 Financial Results |
OR YEHUDA, Israel, March 11, 2025 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the fourth quarter and full year ended December 31, 2024. |
globenewswire.com |
2025-03-11 10:31:00 |
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| Magic Software Price In Attractive Territory |
Magic Software Price In Attractive Territory |
seekingalpha.com |
2025-02-23 21:36:32 |
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| MGIC Investment: A Junk Bond Earnings Yield With Growth |
MGIC Investment: A Junk Bond Earnings Yield With Growth |
seekingalpha.com |
2025-02-09 18:04:45 |
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| MGIC Investment Q4 Earnings Beat, Revenues Miss Estimates |
MTG's fourth quarter results higher new insurance written, improved net investment income, and higher insurance in force. |
zacks.com |
2025-02-04 16:26:09 |
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| MGIC Investment Corporation Reports Fourth Quarter 2024 Results |
Fourth Quarter 2024 Net Income of $184.7 million or $0.72 per Diluted Share Fourth Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $184.5 million or $0.72 per Diluted Share Full Year 2024 Net Income of $763.0 million or $2.89 per Diluted Share Full Year 2024 Adjusted Net Operating Income (Non-GAAP) of $768.5 million or $2.91 per Diluted Share MILWAUKEE , Feb. 3, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the fourth quarter of 2024. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "As we close another year on a high note with strong financial results in the fourth quarter while returning meaningful capital to our shareholders, I am looking forward to the opportunities that lie before us in the new year. |
prnewswire.com |
2025-02-03 18:05:00 |
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| MGIC Investment Corporation Announces Quarterly Dividend of $0.13 Per Share |
MILWAUKEE , Jan. 28, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share, payable on March 5, 2025, to shareholders of record as of February 18, 2025. About MGIC Mortgage Guaranty Insurance Corporation ("MGIC") (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance. |
prnewswire.com |
2025-01-28 15:58:00 |
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| MGIC Investment Stock Near 52-Week High: What Should Investors Do? |
MTG gains from well-performing solid insurance in force, lower delinquency, better housing market fundamentals as well as affordability of shares. |
zacks.com |
2025-01-27 12:31:51 |
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| MGIC Investment Corporation Schedules 4th Quarter 2024 Earnings Call |
MILWAUKEE , Jan. 6, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its fourth quarter 2024 financial results after the market closes on Monday, February 3, 2025. A conference call/webcast has been scheduled for 10:00 a.m. |
prnewswire.com |
2025-01-06 18:05:00 |
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| MGIC Investment Stock Rises 35.3% YTD: More Room for Growth? |
MTG stock rallies on the back of solid insurance in force, lower delinquency, better housing market fundamentals and solid growth projections. |
zacks.com |
2024-11-27 12:20:35 |
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| Magic Software Enterprises Ltd. (MGIC) Q3 2024 Earnings Call Transcript |
Magic Software Enterprises Ltd. (NASDAQ:MGIC ) Q3 2024 Earnings Conference Call November 18, 2024 9:30 AM ET Company Participants Asaf Berenstin - CFO Guy Bernstein - CEO Conference Call Participants Tavy Rosner - Barclays Kate Kronstein - William Blair Operator Ladies and gentlemen, thank you for standing by. |
seekingalpha.com |
2024-11-18 14:57:47 |
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| Magic Software (MGIC) Misses Q3 Earnings Estimates |
Magic Software (MGIC) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.21 per share a year ago. |
zacks.com |
2024-11-18 10:55:23 |
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| Magic Software Reports Third Quarter and First Nine Months Period Ended September 30, 2024 Financial Results |
OR YEHUDA, Israel, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the third quarter and first nine months period ended September 30, 2024. |
globenewswire.com |
2024-11-18 08:41:00 |
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| MGIC Investment Q3 Earnings Surpass Estimates on Higher Revenues |
MTG's third-quarter earnings reflect higher new insurance written and improved net investment income, partially offset by lower insurance in force. |
zacks.com |
2024-11-05 13:35:22 |
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| MGIC Investment Q3: Home Prices Limit Potential Losses, But Hold Due To Valuation Concerns |
MGIC Investment shares have gained 34% over the past year, but recently pulled back 10% due to concerns over the US housing market. Q3 earnings report showed $0.77 in adjusted EPS and a 3% revenue increase, driven by higher net investment income and flat policy exposure. MTG benefits from high home prices and low delinquencies, with strong capital returns to shareholders via buybacks and dividends. |
seekingalpha.com |
2024-11-05 04:01:58 |
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| MGIC Investment Corporation Reports Third Quarter 2024 Results |
Third Quarter 2024 Net Income of $200.0 million or $0.77 per Diluted Share Third Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $200.7 million or $0.77 per Diluted Share MILWAUKEE , Nov. 4, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the third quarter of 2024. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "We are very pleased with our third quarter financial results, generating net income of $200 million and delivering a 15.6% return on equity. |
prnewswire.com |
2024-11-04 18:05:00 |
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| MGIC Investment Corporation Announces Quarterly Dividend of $0.13 Per Share |
MILWAUKEE , Oct. 24, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share, payable on November 21, 2024, to shareholders of record as of November 7, 2024. About MGIC Mortgage Guaranty Insurance Corporation ("MGIC") (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance. |
prnewswire.com |
2024-10-24 18:01:00 |
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| Magic Software: Compelling Value Despite Israel's Geopolitical Risks |
Magic Software remains a Buy leading up to Q3, with potential for a 26% price CAGR over three years, supported by undervaluation and dividend yield. Q3 earnings could act as a moderate catalyst. Management is guiding for revenue contraction that I think could be outperformed, with good EPS growth likely, making it a buying opportunity. Geopolitical tensions (especially risks of a large war around Israel) and macroeconomic conditions could disrupt operations and sentiment, posing significant risks to the investment thesis. |
seekingalpha.com |
2024-10-11 11:32:08 |
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| MGIC Investment Corporation Schedules 3rd Quarter 2024 Earnings Call |
MILWAUKEE , Oct. 7, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its third quarter 2024 financial results after the market closes on Monday, November 4, 2024. A conference call/webcast has been scheduled for 10:00 a.m. |
prnewswire.com |
2024-10-07 11:00:00 |
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| AM Best Upgrades Credit Ratings of Operating Subsidiaries of MGIC Investment Corporation |
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of the operating subsidiaries of MGIC Investment Corporation [NYSE: MTG]. The operating subsidiaries are Mortgage Guaranty Insurance Corporation, MGIC Indemnity Corporation, and MGIC Assurance Corporation (collectively referred to as MGIC). All companies are domiciled in Milwaukee, WI. In addition,. |
businesswire.com |
2024-09-20 15:24:00 |
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| MGIC Comments on the Recently Adopted PMIERs Updates |
MILWAUKEE , Aug. 21, 2024 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), comments on the updates by the government sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, to the Private Mortgage Insurer Eligibility Requirements (PMIERs) Available Assets Standards. "We are proud of the critical role private mortgage insurance (MI) plays in the housing finance system. |
prnewswire.com |
2024-08-21 23:28:00 |
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| Magic Software (MGIC) Q2 Earnings and Revenues Beat Estimates |
Magic Software (MGIC) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.28 per share a year ago. |
zacks.com |
2024-08-14 12:56:08 |
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| Magic Software Reports Second Quarter and First Half 2024 Financial Results |
OR YEHUDA, Israel, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the second quarter and first half ended June 30, 2024. |
globenewswire.com |
2024-08-14 10:45:00 |
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| MGIC Investment Corporation Reports Second Quarter 2024 Results |
Second Quarter 2024 Net Income of $204.2 million or $0.77 per Diluted Share Second Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $204.9 million or $0.77 per Diluted Share MILWAUKEE , July 31, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the second quarter of 2024. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "I am pleased to report we again delivered a solid quarter of financial results. |
prnewswire.com |
2024-07-31 20:05:00 |
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| MGIC Investment Corporation Announces an Increase to Quarterly Dividend |
MILWAUKEE , July 25, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share, an increase of 13% from the last quarterly dividend paid of $0.115 per share. This quarter's dividend will be payable on August 22, 2024, to shareholders of record as of August 8, 2024. |
prnewswire.com |
2024-07-25 17:04:00 |
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| Magic Software to Announce 2024 Second Quarter Financial Results on August 14th, 2024 |
Or Yehuda, Israel, July 22, 2024 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of IT consulting services and end-to-end integration and low-code application development platforms, announced today that it will report its financial results for the second quarter of 2024 on Wednesday, August 14th ,2024. |
globenewswire.com |
2024-07-22 13:19:00 |
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| MGIC Investment Corporation Schedules 2nd Quarter 2024 Earnings Call |
MILWAUKEE , July 1, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its second quarter 2024 financial results after the market closes on Wednesday, July 31, 2024. A conference call/webcast has been scheduled for 10:00 a.m. |
prnewswire.com |
2024-07-01 20:30:00 |
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| Is Magic Software Enterprises (MGIC) Outperforming Other Computer and Technology Stocks This Year? |
Here is how Magic Software (MGIC) and HUYA Inc. Sponsored ADR (HUYA) have performed compared to their sector so far this year. |
zacks.com |
2024-06-12 14:41:31 |
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| Is Magic Software Enterprises (MGIC) a Great Value Stock Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-06-06 14:46:36 |
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