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AI brief of an SEC Form 8-K · MGIC Investment (MTG)

MGIC Q3 2026 net income falls to $175.0 million, but EPS rises to $0.85

Mixed Impact 3 of 5 earnings

MGIC Investment Corporation reported third quarter 2026 net income of $175.0 million, or $0.85 per diluted share, compared with $191.1 million, or $0.83 per diluted share, a year earlier. Total revenues were $299.1 million, down from $304.5 million, and losses incurred rose to $23.9 million from $10.9 million, while a lower diluted share count of 205.4 million, down from 231.4 million, supported per-share results.

Key points

  • Net income was $175.0 million, or $0.85 per diluted share, for the quarter ended September 30, 2026, versus $191.1 million, or $0.83 per diluted share, in the third quarter of 2025.
  • Losses incurred, net, were $23.9 million, compared with $10.9 million a year earlier; the loss ratio was 10.0%, compared with 4.5%.
  • The company repurchased 5.1 million shares for $152.5 million in the third quarter and declared a $0.17 per share dividend payable November 23, 2026.
  • Management will discuss results on a conference call on November 5, 2026, at 10:00 a.m. ET.

The filing

CompanyMGIC Investment (MTG)
Form8-K, current report
Filed with the SECNov 4, 2026, 4:06 PM ET
Accession number0000876437-26-000032

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.