MGIC Q3 EPS rises to $0.83 as net income slips to $191.1 million
MGIC Investment Corporation reported third quarter 2025 net income of $191.1 million, or $0.83 per diluted share, compared with $200.0 million, or $0.77 per share, a year earlier. Total revenues fell to $304.5 million from $306.6 million, so the per-share gain came alongside a smaller profit and revenue base, and the company also reported share repurchases.
Key points
- Q3 2025 net income was $191.1 million versus $200.0 million in Q3 2024; diluted EPS was $0.83 versus $0.77.
- Total revenues were $304.5 million versus $306.6 million in Q3 2024.
- The company repurchased 7.0 million shares for $187.9 million in the quarter and declared a $0.15 per share dividend payable November 20, 2025.
- The quota share cede rate on its 2022 reinsurance transaction will decrease from 30% to 28%, effective December 31, 2025.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.