MGIC Investment Corporation’s (MTG) shares have surged 38.8% in a year compared with the industry's growth of 24.6%. The Finance sector and the Zacks S&P 500 index have gained 26.2% and 28.2% in the said time frame, respectively. With a market capitalization of $5.58 billion, the average volume of shares traded in the last three months was 1.6 million. Image Source: Zacks Investment Research The rally was largely driven by solid insurance in force, a decline in loss and claims payments, better housing marke ...

MGIC Investment Corporation (MTG) reported first-quarter 2024 operating net income per share of 65 cents, which beat the Zacks Consensus Estimate by 8.3%. The better-than-expected earnings were driven by higher net investment income and lower underwriting and other expenses. The insurer continues to benefit from favorable credit trends and the resiliency of the housing market. The bottom line improved 20.3% year over year. MGIC Investment recorded total operating revenues of $303 million, which increased 3. ...

财务数据和关键指标变化 - 公司报告第一季度净收益1.74亿美元,年化权益回报率为13.7% [7] - 保费收入291亿美元,同比下降0.5% [8] - 每股账面价值为18.97美元,同比增长14% [21] - 投资组合的账面收益率为3.8%,同比增加70个基点 [21] - 投资收益为6000万美元,同比增加1100万美元 [21] 各条业务线数据和关键指标变化 - 新承保保险金额90亿美元 [8] - 保单续保率为86%,与上一季度持平 [11] 各个市场数据和关键指标变化 - 房地产市场供给有限,但价格仍然坚挺 [10] - 首次购房者面临挑战,但长期来看MI市场前景乐观 [11] 公司战略和发展方向及行业竞争 - 公司专注于全周期表现,采取平衡的风险管理策略 [7] - 再保险计划有助于降低损失波动性和提高资本效率 [13] - 公司保持谨慎的定价策略,在市场份额有所下降 [28] - 公司将通过股票回购作为主要的资本回报方式 [29][30] 管理层对经营环境和未来前景的评论 - 尽管存在一些经济不确定性,但房地产市场仍然稳健,公司前景乐观 [24] - 公司有能力应对不同的宏观环境,保持市场领导地位 [25] 问答环节重要的提问和回答 问题1 **Bose George 提问** 询问新承保保险金额增长较慢的原因 [27] **Nathan Colson 回答** 公司有意保持谨慎的定价策略,导致市场份额有所下降,但长期来看不会过于担心 [28] 问题2 **Terry Ma 提问** 询问贷款违约率改善的原因,是否主要由于季节性因素 [33] **Nathan Colson 回答** 违约率改善主要由于季节性因素,2023年开始违约率恢复了历史的季节性模式 [34][35] 问题3 **Soham Bhonsle 提问** 询问公司决定增加750亿美元回购计划的依据 [38] **Tim Mattke 回答** 公司考虑了未来几年在不同宏观环境下的资本生成能力,希望能够在此基础上执行完整的回购计划 [39]

MGIC Investment财务表现 - 2024年第一季度MGIC Investment营收为3.0287亿美元，同比增长3.8% [1] - 每股收益为0.65美元，较去年同期的0.54美元有所增长 [1] MGIC Investment核保费率和损失率 - MGIC的GAAP核保费率为25.7%，较两位分析师平均预估的23.3%高 [4] - MGIC的GAAP损失率为1.9%，较两位分析师平均预估的8.1%低 [4] MGIC Investment投资收入 - 净投资收入为59.74百万美元，较两位分析师平均预估的55.91百万美元高21.4% [5] MGIC Investment保费收入 - 净已赚保费为2.4264亿美元，较两位分析师平均预估的2.4778亿美元略低 [6] MGIC Investment其他收入 - 其他收入为0.48百万美元，较两位分析师平均预估的0.39百万美元增长13.4% [7]

MGIC Investment (MTG) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this mortgage insurance company would post earnings of $0.57 per share when it actually produced earnings of $0.67, delivering a surprise of 17.54%. Over the last four qua ...

FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 1-10816 MGIC Investment Corporation (Exact name of registrant as specified in its charter) Wisconsin 39-1486475 (State or other juri ...

Exhibit 99 Investor Relations: Dianna Higgins | (414) 347-2635 | dianna_higgins@mgic.com MGIC Investment Corporation Reports First Quarter 2024 Results First Quarter 2024 Net Income of $174.1 million or $0.64 per Diluted Share First Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $178.4 million or $0.65 per Diluted Share MILWAUKEE (May 1, 2024) - MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2024. Tim Mattke, CEO of MTG and Mortgage ...

股票回购计划 - MGIC投资公司宣布董事会批准了额外的股票回购计划，授权购买高达7.5亿美元的普通股[1] - 公司被授权在2026年12月31日之前的任何时间通过私下协商、公开市场或其他交易（包括通过旨在符合1934年修订版证券交易法第10b5-1条款的交易计划）回购其普通股[2] 季度现金股利 - 公司董事会宣布每股派息0.115美元的季度现金股利，将于2024年5月21日支付给截至2024年5月9日的股东[3] 季度业绩电话会议 - 公司将于2024年5月2日星期四举行电话会议/网络直播，讨论截至2024年3月31日的季度业绩[4]

FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 1-10816 MGIC Investment Corporation (Exact name of registrant as specified in its charter) Wisconsin 39-1486475 (State or other jurisdict ...

业绩总结 - 2023年12月31日，原始风险书写总额为1815亿美元，剩余原始风险总额占比为96.0%[6] - 2023年12月31日，风险在逾期状态的占比为0.2%，逾期贷款数量为312[8] - 截至2023年12月31日，迄今为止的索赔支付总额为159.4亿美元[9] - 2023年第四季度，新通知数量为12708，新通知索赔率为7.5%[11] - 2023年第四季度，直接主要损失准备金为4.48亿美元，总直接损失准备金（包括主要、池、IBNR和LAE）为5.05亿美元[12] 用户数据 - 平均FICO评分为753，其中760及以上占比为48.8%[7] - 平均贷款抵押率为92.9%，其中85%及以下占比为5.4%[7] 未来展望 - 新风险书写的最低要求资产占新风险书写的比例为7.1%[18] 新产品和新技术研发 - MGIC Statutory Capital中，2024年Scheduled Contingency Reserve释放金额为248百万美元，2025年为507百万美元[19] 市场扩张和并购 - 2023年12月31日，Top 10 Jurisdictions中，最高比例为29.6%，其次为22.8%和17.1%[13] 负面信息 - 2023年12月31日，Static Pool Delinquency Rates中，最高比例为18%，其次为17%[17]