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Stock impact report

MGIC Investment Corporation Reports Third Quarter 2024 Results [Yahoo! Finance]

MGIC Investment Corporation (MTG) 
Last mgic investment corporation earnings: 2/4 06:45 am Check Earnings Report
US:NYSE Investor Relations: mtg.mgic.com/investor-overview
Company Research Source: Yahoo! Finance
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 $200 million and delivering a 15.6% return on equity." "Our disciplined approach to risk management and prudent capital management strategies together with our ability to serve our customers with quality offerings and best-in-class service continues to drive value for all of our stakeholders," concluded Mattke. SUMMARY FINANCIAL METRICS Quarter ended ($ in millions, except where otherwise noted) Q3 2024 Q2 2024 Q3 2023 Net income Net income per diluted share Adjusted net operating income Adjusted net operating income per diluted share New insurance written (NIW) (billions) Net premiums earned Insurance in force (billions) Annual p Show less Read more
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