MGIC Investment (MTG) To Report Earnings Tomorrow: Here Is What To Expect

Mortgage insurer MGIC Investment (NYSE:MTG) will be reporting earnings this Monday afternoon. Here’s what investors should know.

MGIC Investment missed analysts’ revenue expectations by 1% last quarter, reporting revenues of $304.5 million, flat year on year. It was a strong quarter for the company, with a beat of analysts’ EPS estimates.

Is MGIC Investment a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting MGIC Investment’s revenue to grow 1.9% year on year to $307.1 million, slowing from the 6.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.75 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. MGIC Investment has missed Wall Street’s revenue estimates five times over the last two years.

Looking at MGIC Investment’s peers in the property & casualty insurance segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Travelers delivered year-on-year revenue growth of 3.2%, beating analysts’ expectations by 0.5%, and Progressive reported revenues up 12.2%, topping estimates by 0.6%. Travelers traded up 3.3% following the results while Progressive’s stock price was unchanged.

Read our full analysis of Travelers’s results here and Progressive’s results here.

The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the property & casualty insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.2% on average over the last month. MGIC Investment is down 7.7% during the same time and is heading into earnings with an average analyst price target of $28.75 (compared to the current share price of $26.92).

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