While the revenue and earnings per share (EPS) for MGIC (MTG) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.
MGIC Investment (MTG) reported quarterly earnings of $0.72 per share, which is higher than the Zacks Consensus Estimate of $0.65 per share. This is an increase compared to earnings of $0.67 per share from the same period last year.
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MGIC Investment Corporation (NYSE:MTG) will hold its Q3 2024 Earnings Conference Call on November 5, 2024, at 10:00 AM ET. The call will feature company representatives, including Dianna Higgins, Tim Mattke, and Nathan Colson, along with participants from various financial institutions. Thank you for joining us for this important discussion.
MGIC Investment (MTG) reported quarterly earnings of $0.77 per share, which is higher than the Zacks Consensus Estimate of $0.67 per share. This is an increase compared to earnings of $0.64 per share from the same period last year.
MGIC (MTG) has received a Zacks Rank #1 (Strong Buy) upgrade, indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price soon.
MCIG Investment is expected to grow due to higher premiums, strong credit quality, and new business opportunities. With its appealing valuation and positive outlook, it could be a good choice for a portfolio addition.
PPC, THC, and MTG are experiencing a temporary drop in price right now. Be sure to take advantage of this opportunity.
Is MGIC Investment (MTG) a strong choice for momentum investors? Let's take a closer look.
MGIC Investment (MTG) is expected to expand due to strong insurance policies, a decrease in losses and claims payments, reduced delinquency rates, improved housing market conditions, and careful use of capital.