Westport Asset Management Inc. Takes Position in MGIC Investment Corporation $MTG
Westport Asset Management Inc. has acquired a significant stake in MGIC Investment Corporation (NYSE:MTG), purchasing 439,013 shares valued at approximately $12.38 million, making it their fourth-largest holding. Institutional investors collectively own 95.58% of the company, which recently exceeded EPS expectations but saw a slight revenue decline. MGIC Investment has also authorized a $750 million share repurchase plan and increased its quarterly dividend.
NewEdge Wealth LLC Purchases Shares of 2,531,024 MGIC Investment Corporation $MTG
NewEdge Wealth LLC has acquired 2,531,024 shares of MGIC Investment Corporation (NYSE:MTG), valued at approximately $71.4 million, giving it a 1.23% stake. The company recently reported strong quarterly earnings, beating analyst estimates, and authorized a $750 million share repurchase program while increasing its quarterly dividend. Analysts currently maintain a "Hold" rating on MGIC Investment with a consensus price target of $30.60.
Foster & Motley Inc. Acquires Shares of 305,488 MGIC Investment Corporation $MTG
Foster & Motley Inc. reported acquiring a new position of 305,488 shares in MGIC Investment Corporation (NYSE:MTG) during the second quarter, valued at approximately $8.62 million. Other institutional investors also adjusted their holdings in MTG. The article also details MGIC Investment's stock performance, recent earnings, an increased quarterly dividend, a share buyback plan, analyst ratings, and recent insider selling activities.
Bank of America Corp DE Has $37.15 Million Stake in MGIC Investment Corporation $MTG
Bank of America Corp DE increased its stake in MGIC Investment Corporation by 15.4% during the first quarter, now holding 1.42 million shares valued at $37.15 million. Institutional investors collectively own 95.58% of the stock. MGIC Investment recently reported strong quarterly earnings, beating analyst expectations, and authorized a $750 million share buyback while raising its quarterly dividend.
Mgic investment EVP Paula Maggio disposes of $606,000 in stock By Investing.com
Paula Maggio, EVP and General Counsel at MGIC Investment Corp, sold 20,000 shares of common stock for $606,000 on August 7, 2026, under a Rule 10b5-1 trading plan. Following the sale, Maggio directly holds 149,619.68 shares, with an additional 110,422 shares held indirectly for her benefit. The transaction occurred while MTG stock trades near its 52-week high, though InvestingPro analysis suggests the stock is currently overvalued.
MGIC Investment EVP Paula Maggio Sells 20,000 Shares via Rule 10b5-1 Plan
Paula C. Maggio, EVP and General Counsel of MGIC Investment Corp (NYSE: MTG), has sold 20,000 shares of common stock. The sale occurred on August 7, 2026, and was executed according to a pre-established Rule 10b5-1 trading plan. The details were disclosed in a Form 4 filed on August 10, 2026.
MGIC Investment (NYSE:MTG) EVP Paula Maggio Sells 20,000 Shares
MGIC Investment EVP Paula Maggio sold 20,000 shares of the company's stock for $606,000, reducing her holdings by 11.79%. This transaction occurred under a pre-arranged Rule 10b5-1 plan. The company recently reported strong quarterly earnings, exceeding analyst expectations, and announced a $750 million share buyback program along with a dividend increase.
Mgic investment EVP Paula Maggio disposes of $606,000 in stock By Investing.com
Paula C. Maggio, EVP and General Counsel at MGIC Investment Corp, sold 20,000 shares of common stock worth $606,000 on August 7, 2026, under a Rule 10b5-1 trading plan. This transaction leaves her with 149,619.68 direct shares and 110,422 indirect shares. The sale occurred as MTG stock is near its 52-week high, following a strong second-quarter earnings report where the company surpassed profit expectations and increased its dividend.
MGIC Investment (MTG) EVP Paula Maggio sells 20,000 shares under 10b5-1 plan
MGIC Investment Corp's EVP and General Counsel, Paula C. Maggio, sold 20,000 shares of common stock on August 7, 2026, at $30.30 per share. This transaction was conducted under a Rule 10b5-1 trading plan established on February 27, 2026. Following the sale, Maggio directly holds 149,619.68 shares and indirectly holds 110,422 shares through an individual trust.
Glenmede Trust Co. NA Sells 41,661 Shares of MGIC Investment Corporation $MTG
Glenmede Trust Co. NA reduced its stake in MGIC Investment Corporation (NYSE:MTG) by 70.2% in the first quarter, selling 41,661 shares and retaining 17,673 shares. This transaction is part of broader institutional investor activity, with 95.58% of MGIC Investment stock owned by institutional investors. MGIC Investment recently reported strong Q1 earnings, beating estimates, and authorized a $750 million share-repurchase plan while increasing its quarterly dividend.
MGIC Investment (MTG) insider plans $606,000 Rule 144 stock sale
Paula C. Maggio, an insider at MGIC Investment Corporation (MTG), has instructed Fidelity Brokerage Services LLC to sell 20,000 shares of common stock valued at approximately $606,000 on or after August 7, 2026, under Rule 144. These shares were acquired as compensation on February 28, 2025. This planned sale follows a previous sale by Maggio of 20,937 shares on May 29, 2026, which generated proceeds of $534,940.35.
MGIC Investment Corp (MTG) CEO Timothy Mattke Sells 137,113 Shar
MGIC Investment Corp (MTG) CEO Timothy Mattke sold 137,113 shares of the company on August 5, 2026, for approximately $4.18 million. This sale continues a trend of insider selling over the past year, with 20 insider sells and zero buys, signaling a potentially bearish outlook from those closest to the company. The stock is currently valued as "Fairly Valued" by GuruFocus's GF Value model, suggesting limited upside potential from its current trading price of $30.52 per share.
MGIC Investment (NYSE: MTG) CEO sells 137,113 shares in 10b5-1 trade
MGIC Investment Corp CEO Timothy J. Mattke sold 137,113 shares of common stock on August 5, 2026, at a weighted average price of $30.517 per share, totaling approximately $4.18 million. This transaction was executed under a Rule 10b5-1 trading plan adopted on May 4, 2026. Following the sale, Mattke directly holds 980,892.401 shares of the company.
MGIC Investment Corp (MTG) Earnings Forecast: Future EPS & Revenue Growth Estimates
The article provides an earnings forecast for MGIC Investment Corp (MTG), highlighting its current earnings forecast score of 6.00 and an average price target of $27.50 from 6 analysts. It details expected future EPS and revenue figures, and compares MTG's analyst ratings to its peers in the insurance industry.
MGIC Investment Corp (MTG) CEO Timothy Mattke Sells 137,113 Shar
MGIC Investment Corp (MTG) CEO Timothy Mattke sold 137,113 shares on August 5, 2026, for approximately $4.18 million. This sale is part of a consistent selling trend by Mattke and other insiders, with no insider buys reported over the past year against 20 sells. The stock is currently deemed "Fairly Valued" by GuruFocus's GF Value model, trading about 4.8% above its intrinsic value.
MGIC INVESTMENT CORP SEC Filing (Aug 5, 2026)
This article details an SEC Form 144 filing by MGIC Investment Corp (MTG) on August 5, 2026. The filing indicates a proposed sale of 137,113 shares of common stock with an aggregate market value of $4,234,049.44, acquired through restricted stock vesting. The document also includes information regarding the issuer, filer, and the nature of the transaction.
California State Teachers Retirement System Has $7.20 Million Stock Holdings in MGIC Investment Corporation $MTG
The California State Teachers Retirement System increased its stake in MGIC Investment Corporation (MTG) by 16.2% in Q1, now holding 274,193 shares valued at $7.2 million. Institutional investors own 95.58% of the company, which recently reported strong Q1 earnings, exceeding analyst estimates. Analysts maintain a "Hold" rating with a $30.60 price target, and the company has increased its dividend and authorized a $750 million share repurchase program.
MGIC Investment Corp (MTG) President & COO Salvatore Miosi Sells 30,000 Shares
MGIC Investment Corp's President & COO, Salvatore Miosi, sold 30,000 shares of MTG stock for approximately $891,000, continuing a trend of insider selling. Over the past year, there have been 20 insider sells and zero insider buys, signaling that insiders may view the stock as fully valued. The company is currently considered "Fairly Valued" by GuruFocus's GF Value, suggesting limited upside potential at current price levels.
MGIC Investment (NYSE: MTG) COO sells 30,000 shares under 10b5-1 trading plan
Salvatore A. Miosi, President & COO of MGIC Investment Corp (NYSE: MTG), sold 30,000 shares of common stock on August 3, 2026, at $29.70 per share. This sale was conducted under a Rule 10b5-1 trading plan adopted on March 2, 2026. Following the transaction, Miosi directly holds 500,951.361 shares of the company.
MTG (MTG) filer Salvatore Miosi plans $891,000 sale of 30,000 shares
Salvatore Miosi, a filer for MTG, plans to sell 30,000 shares of MTG common stock for an aggregate value of $891,000.00 through Fidelity Brokerage Services LLC on or after August 3, 2026. The filing also references past sales by Miosi and restricted stock vesting events in 2025 and 2026. This information is based on a Form 144 SEC filing.
Form 144 MGIC INVESTMENT CORP For: 3 August By Investing.com
This article announces the filing of Form 144 for MGIC Investment Corp, dated August 3rd. It is a brief announcement from Investing.com, providing basic details without further financial analysis or context. The article also includes various market data and other news headlines.
MTG (NYSE: MTG) insiders file to sell 237,000 common shares
MTG has filed a Form 144 to sell up to 237,000 shares of common stock through Fidelity Brokerage Services LLC on the NYSE, with the sales expected to commence on or after August 3, 2026. The aggregate market value of these shares is approximately $13.65 million, based on the filer's calculations. These shares were acquired as gifts by Curt and Sue Culver, with significant portions received in 2026 and 1991.
MGIC Investment Corp Q2 2026: Revenue $295.4M, EPS $0.86— 10-Q Summary
MGIC Investment Corp (MTG) reported its second-quarter 2026 results, showing revenue of $295.4 million and diluted EPS of $0.86. While revenue and net income saw a modest decline year-over-year, diluted EPS increased. The company highlighted increased new insurance in force, expanded use of reinsurance programs, and maintained capital compliance.
MTG|MGIC Investment Corp|Price:30.040|Chg%:-0.400
This article provides a comprehensive stock analysis of MGIC Investment Corp (MTG) by TradingKey, assigning it a stock score based on various financial indicators. It highlights the company's relatively weak fundamentals but significant growth potential, fair valuation within the insurance industry, and high institutional ownership. The analysis also notes that analysts currently rate MTG as a "Hold" with a target price suggesting a slight downside, while acknowledging its status as a high and stable dividend payer.
MGIC Investment Q2 Earnings Call Highlights
MGIC Investment reported strong second-quarter 2026 results with a net income of $182 million, or $0.86 per diluted share, driven by favorable reserve development and reduced operating expenses. The company saw an 8.5% increase in new insurance written, reaching $18 billion, and a 10% rise in book value per share to $24.27. Despite expectations of higher delinquencies in the latter half of 2026 due to seasonal trends, MGIC maintains its credit normalization outlook and continues to return capital to shareholders through dividends and share repurchases, with its board approving an increased quarterly common dividend of $0.17 per share.
MGIC INVESTMENT CORP : KBW RAISES TARGET PRICE TO $30 FROM $29
KBW has increased its target price for MGIC Investment Corp (MTG.N) to $30 from $29. This update reflects an analyst's revised outlook for the company's stock. The article is a brief report from Reuters, distributed via Bitget News.
MTG Maintained by RBC Capital -- Price Target Raised to $32
RBC Capital has maintained its Sector Perform rating on MGIC Investment Corp (MTG) and raised its price target to $32 from $28, signaling a positive outlook despite a neutral market stance. GuruFocus indicates the stock is slightly overvalued at 3.3% and has a strong GF Score of 88/100, reflecting solid profitability and growth. However, insider activity shows net selling, and the P/E ratio is higher than its historical median, suggesting investors should proceed with caution.
MGIC Investment Corporation (NYSE:MTG) Given Consensus Rating of "Hold" by Brokerages
MGIC Investment Corporation (NYSE:MTG) has received a consensus "Hold" rating from brokerages, with an average 12-month price target below its current share price, with analysts citing a mix of "hold" and "buy" recommendations. The company beat second-quarter earnings expectations with an adjusted EPS of $0.87, despite a slight revenue decline, and has authorized a $750 million share repurchase program and increased its quarterly dividend. Insider sales and institutional investor activity have also been noted.
MGIC Investment Corp (MTG) Valuation: PE, PB & Fair Value Analysis
The article provides a valuation analysis of MGIC Investment Corp (MTG), noting its current valuation score of 8.52, which ranks 33rd out of 114 in the Insurance industry. The company's P/E ratio stands at 9.63, 0.00% below its recent high and 54.58% above its recent low. Key financial metrics such as P/E, P/B, P/S, and P/CF are mentioned, though specific relevant data for some of these ratios are not yet disclosed by the company.
MGIC approves $750M share buyback after repurchasing $176.6M
MGIC Investment Corporation reported Q2 2026 net income of $182.1 million, or $0.86 per diluted share, and announced an additional $750 million share repurchase program through December 31, 2028. The company repurchased 6.6 million shares for $176.6 million in Q2 and declared a Q3 2026 dividend of $0.17 per share. Despite a decrease in net income and total revenues compared to Q2 2025, new insurance written increased to $17.8 billion and insurance in force grew to $304.8 billion.
MGIC earnings in focus as mortgage insurer faces revenue test
MGIC Investment Corp. is set to announce its second-quarter results, with analysts anticipating a decline in revenue and earnings compared to the previous year. Investors will be closely watching new insurance written, capital deployment strategies such as share repurchases, and credit performance, especially given the company's aggressive capital returns and recent dividend increase. The ability to sustain consistent returns and deploy excess capital amidst a challenging market will be key to whether MGIC shares can push beyond recent highs.
MGIC Investment Corp (MTG) Financial Health: Profitability & Balance Sheet Analysis
This article analyzes the financial health of MGIC Investment Corp (MTG), assigning it a score of 5.05 out of 10, ranking it 95th out of 114 in the Insurance industry, indicating weak financial status but high operating efficiency. The company's latest quarterly revenue was $297.08M, a 2.99% year-over-year decrease, with net profit falling by 10.87% year-over-year. Key financial metrics such as quality of earnings, operational efficiency, growth potential, and shareholder returns are also assessed.
MTG stock hits 52-week high, reaching 29.98 USD
MGIC Investment Corp's (MTG) stock has reached a new 52-week high of $29.98, reflecting an 18.3% total return over the past year. InvestingPro analysis suggests the stock remains undervalued with a Fair Value of $33.98. The company also reported mixed Q1 2026 earnings, exceeding EPS expectations but falling short on revenue, and RBC Capital initiated coverage with a "Sector Perform" rating.
MGIC Investment Corp (MTG) Shareholder Structure: Major Shareholders & Institutional Holdings
This article details the shareholder structure of MGIC Investment Corp (MTG), highlighting major institutional holders such as BlackRock, Vanguard, and Dimensional Fund Advisors. It breaks down shareholder types, institutional shareholding trends over several quarters, and recent shareholder activity with changes in holdings for key firms. Additionally, it lists several ETFs that hold MTG stock.
MGIC Investment Corp (MTG) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for MGIC Investment Corp (MTG), highlighting its current earnings forecast score of 6.00 and ranking in the insurance industry. It details analyst ratings, target prices, and offers a peer comparison. The article also includes FAQs regarding expected revenue, price targets, and past earnings performance.
MTG|MGIC Investment Corp|Price:29.650|Chg%:+0.695
This article provides a detailed company profile of MGIC Investment Corporation (MTG), a provider of private mortgage insurance and credit risk management solutions. It covers the company's business scope, key financial data such as market cap and P/E ratio, and lists key executives along with their shareholdings. The article also touches on institutional ownership data for MGIC Investment Corp.
MTG Balance Sheet
This article presents the quarterly and annual balance sheets for MGIC Investment Corp (MTG), allowing users to assess its financial health and analyze key ratios. It includes detailed financial data for various assets, liabilities, and shareholders' equity items over several fiscal years. The article also provides FAQs on important balance sheet metrics and financial definitions.
MTG Income Statement
This article provides a detailed quarterly and annual income statement for MGIC Investment Corp (MTG), covering several fiscal years. It includes key financial metrics such as total revenue, operating expenses, operating profit, income before tax, net income, and earnings per share. Additionally, the article offers an FAQ section to help users understand how to interpret the income statement and its various components.
MGIC INVESTMENT CORP - DECLARES QTRLY CASH DIVIDEND OF $0.17 PER SHARE, UP 13% FROM PRIOR $0.15
MGIC Investment Corp has declared a quarterly cash dividend of $0.17 per share, marking a 13% increase from its previous dividend of $0.15 per share. This announcement indicates positive financial performance and a commitment to returning value to shareholders. The company's decision reflects a confident outlook on its future earnings.
Bank of New York Mellon Corp Sells 82,684 Shares of MGIC Investment Corporation $MTG
Bank of New York Mellon Corp reduced its stake in MGIC Investment Corporation (MTG) by 4.1% in the first quarter, selling 82,684 shares. Despite this, MGIC Investment reported stronger-than-expected quarterly earnings, announced a $750 million share buyback program, and increased its quarterly dividend to $0.17 per share. Insider activity also showed sales by the COO and EVP, while analysts have a consensus "Hold" rating with a target price of $28.25.
MGIC Investment Sets Aug. 20 Date for Its $0.17 Payout
MGIC Investment Corporation announced an increase in its quarterly cash dividend to $0.17 per share, up 13% from the previous $0.15. This dividend is payable on August 20, 2026, to shareholders of record as of August 5, 2026. The announcement reflects a positive financial move by the company, despite a mild negative market reaction on the day of publication.
MGIC Investment Corporation (NYSE:MTG) to Issue Dividend Increase - $0.17 Per Share
MGIC Investment Corporation (NYSE:MTG) has announced a quarterly dividend increase to $0.17 per share, up 13.3% from the previous $0.15. The dividend, payable on August 20th to shareholders of record on August 5th, represents an annualized yield of about 2.3% and is well-covered by the company's low payout ratio of 19.7%. Analysts currently rate MTG as a "Hold" with an average target price of $28.25.
MGIC Investment declares quarterly dividend of $0.17 a share, up 13%
MGIC Investment has declared a quarterly cash dividend of $0.17 per share, representing a 13% increase from the previous $0.15. The dividend is payable on August 20, 2026, to shareholders of record as of August 5, 2026. This news brief was generated by AI using content originally published by MGIC Investment Corporation via PR Newswire.
MGIC Investment Corporation Announces an Increase to Quarterly Dividend
MGIC Investment Corporation (NYSE: MTG) has announced that its Board of Directors declared a quarterly cash dividend of $0.17 per share, marking a 13% increase from the previous $0.15 per share. The dividend is set to be payable on August 20, 2026, to shareholders of record as of August 5, 2026. MGIC provides mortgage insurance solutions and supports responsible credit risk management for lenders, enabling borrowers to qualify for mortgages with lower down payments.
MTG|MGIC Investment Corp|Price:29.650|Chg%:+0.695
MGIC Investment Corp's fundamentals are considered relatively weak despite significant growth potential, with its valuation being fairly valued within the insurance industry. Institutional ownership is high, and analysts currently rate the stock as "Hold" with a target price of $27.21. The stock has shown good market performance recently but exhibits weak underlying fundamentals and technicals.
NewEdge Wealth LLC Purchases 268,753 Shares of MGIC Investment Corporation $MTG
NewEdge Wealth LLC increased its stake in MGIC Investment Corporation by 12.3% during the first quarter, purchasing an additional 268,753 shares and now owning 2,452,355 shares valued at $64.37 million. Other institutional investors also adjusted their holdings, with 95.58% of the stock owned by institutions. Several analysts have rated the stock with an average "Hold" rating and a consensus price target of $28.25, while the company also announced a stock buyback program for $750 million.
Measured Wealth Private Client Group LLC Decreases Stock Position in MGIC Investment Corporation $MTG
Measured Wealth Private Client Group LLC significantly reduced its stake in MGIC Investment Corporation, selling 79% of its holdings and now owning 12,411 shares valued at $326,000. This comes as other hedge funds have also adjusted their positions in the insurance provider. The article also details MGIC Investment's stock performance, recent earnings, a share repurchase plan, and insider trading activities.
MGIC Investment (MTG) Expected to Release Quarterly Earnings on Wednesday
MGIC Investment (NYSE:MTG) is anticipated to announce its Q2 2026 earnings on Wednesday, July 29th, with analysts projecting $0.74 earnings per share and revenue of $297.5380 million. The company recently reported Q1 2026 EPS of $0.76, surpassing estimates, and has a consensus "Hold" rating from analysts with an average price target of $28.25. Insider selling by executives and recent institutional investor activity have also been noted.
Dimensional Fund Advisors LP Sells 183,576 Shares of MGIC Investment Corporation $MTG
Dimensional Fund Advisors LP reduced its stake in MGIC Investment Corporation by 1.3% in the first quarter, selling 183,576 shares, though it remains a significant shareholder. Insider selling also occurred, with COO Salvatore A. Miosi and EVP Paula C. Maggio both selling shares through pre-arranged trading plans. Despite the sales, MGIC Investment reported strong Q1 results, beating EPS estimates, and announced a new $750 million share repurchase authorization and a quarterly dividend of $0.15 per share.
Fifth Third Bancorp Boosts Stake in MGIC Investment Corporation $MTG
Fifth Third Bancorp significantly increased its stake in MGIC Investment Corporation (NYSE:MTG) during the first quarter, purchasing an additional 90,354 shares. Other institutional investors like Goldman Sachs Group Inc. and MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. also adjusted their positions, resulting in 95.58% institutional ownership. The article details recent financial performance, insider transactions, dividends, and analyst ratings for MGIC Investment.
