MGIC Investment reports Q3 2026 earnings and dividend with share repurchase
MGIC Investment Corporation announced third‑quarter 2026 results on November 4, 2026. Net income was $175.0 million, or $0.85 per diluted share, and adjusted net operating income was $174.7 million, also $0.85 per share. The company repurchased 5.1 million shares for $152.5 million, paid a $0.17 dividend per share, and said operating expenses would be slightly below the $190 million‑$200 million range while extending quota‑share reinsurance through 2029.
Why it matters
The earnings beat and dividend signal continued profitability and cash generation, while the share buyback and lower‑than‑expected expense guidance may support the stock price, according to the company’s press release.
Key facts
- 1Net income of $175.0 million or $0.85 per diluted share for Q3 2026. prnewswire.com
- 2Adjusted net operating income of $174.7 million or $0.85 per diluted share for Q3 2026. prnewswire.com
- 3New insurance written of $17.1 billion in Q3 2026. prnewswire.com
- 4Annualized return on equity of 14.2 % in Q3 2026. prnewswire.com
- 5Repurchased 5.1 million shares for $152.5 million. prnewswire.com
- 6Dividended $0.17 per common share. prnewswire.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.