MGIC Investment Corporation Earnings Report: Expectations and Insights

MGIC Investment Corporation (MTG), a significant entity in the mortgage insurance industry, is poised to announce its quarterly earnings results on the afternoon of Monday, February 2, 2026. In the previous quarter, MGIC reported earnings of $304.5 million, failing to meet revenue forecasts by 1%, a margin consistent with its past financial performance. Notably, industry analysts anticipate a modest revenue growth of 1.9% year-on-year for the upcoming report, estimating revenues to hit $307.1 million.

Despite the projected revenue increase, this growth rate signals a deceleration from the 6.2% rise recorded in the same quarter last year. The adjusted earnings per share are projected at $0.75, with analyst consensus regarding MGIC's financial performance remaining stable over the last 30 days. Over the past two years, MGIC has frequently missed revenue projections, contributing to market volatility.

In contrast, the property and casualty insurance sector has seen varied results, with Travelers Companies, Inc. (TRV) and Progressive Corporation (PGR) reporting significant year-on-year revenue growth of 3.2% and 12.2%, respectively, surpassing expectations. TRV’s stock value increased by 3.3% following their earnings release, whereas PGR’s stock remained stable. The industry outlook for 2025 is uncertain due to potential trade policy shifts and corporate tax changes that may impact regulatory compliance requirements and expansion plans, with MGIC's stock showing a 7.7% decline. Analysts have set an average target price for MGIC at $28.75, compared to its current market price of $26.92.

This information was sourced from the IndexBox Market Intelligence Platform.