MGIC beats expectations, but new insurance written underwhelms

MGIC beats 1Q estimates with $133.1M profit. Posted April 21, 2015 / No comments MGIC Investment Corporation today reported net income for the quarter that beat analysts expectations, with a big gain in net insurance written in the first quarter.

[b]MGIC Investment Corporation (MTG): Executive Vice President and CFO Jon Michael Lauer Bought 100,000 Shares[/b] Executive Vice President and CFO of mgic investment corporation (mtg) jon michael Lauer bought 100,000 shares during the past week at an average price of $3.79. MGIC Investment Corporation is a Wisconsin corporation organized in 1984.

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MGIC beats expectations, though new word created underwhelms April 23, 2019 RSS FEED No comments MGIC Investment Corp. posted better-than-expected first-quarter gain as waste were reduce than projected while net premiums came in higher.

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New insurance written of $47.9 billion improved 11% from 2015. The insurer expects to write lower new insurance in 2017 than 2016 due to the current market conditions and a smaller origination market.

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MGIC Investment Corporation (MTG) reported fourth-quarter net income of $74.4 million, compared with a net loss of $1.4 million for the same quarter a year ago. Diluted net income per share was $0.

Mortgage insurance by MGIC – whether borrower paid or lender paid – helps you serve your customers by making homeownership more affordable for them.

New Insurance Written of $12.2 billion , compared to $12.8 billion in the. 2018 primary risk in force but accounted for 67% of the new primary.

MGIC beats expectations, but new insurance written underwhelms MGIC Investment Corp. posted better-than-expected first-quarter earnings as expenses were lower than projected while net premiums came in higher.

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