NYSE$MTG
MGIC Investment Corporation · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported strong financial performance due to solid credit quality, favorable housing market trends, and improving economic conditions.
MGIC Investment Corporation reported a net income of $150.0 million, or $0.43 per diluted share, for Q1 2021, compared to $149.8 million, or $0.42 per diluted share, for Q1 2020. Adjusted net operating income was $148.0 million, or $0.42 per diluted share, compared to $147.5 million, or $0.42 per diluted share, for the same period last year.
- New insurance written was $30.8 billion, compared to $17.9 billion in the first quarter of 2020.
- Insurance in force (IIF) of $251.7 billion increased by 11.6% compared to March 31, 2020.
- Primary delinquency inventory of 52,775 loans decreased from 57,710 loans at December 31, 2020.
- The loss ratio for the first quarter of 2021 was 15.5%, compared to 23.4% for the first quarter of 2020.
Headline financials
Revenue & EPS history
MGIC · Revenue · Quarterly
$298M
Forward guidance
Company did not provide forward guidance in the earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.2%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+3.3%
Avg return
30 days after
54%
37 / 68 earnings
Positive
+35.4%
Q4 2012
Best reaction
-65.7%
Q2 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -9.0% | -9.9% | -13.5% | |
| Q4 2025 | -5.2% | -0.9% | -2.8% | |
| Q3 2025 | +0.8% | +2.5% | +8.2% | |
| Q1 2025 | +1.6% | +4.4% | +6.2% | |
| Q4 2024 | +1.8% | +0.5% | -6.0% | |
| Q3 2024 | +1.2% | +3.8% | +8.8% | |
| Q2 2024 | -1.0% | -5.5% | +2.7% | |
| Q1 2024 | +1.1% | +3.3% | +3.6% | |
| Q4 2023 | -1.2% | -4.8% | -2.0% | |
| Q3 2023 | +1.4% | +6.3% | +5.4% | |
| Q2 2023 | +5.3% | +7.9% | +6.0% | |
| Q1 2023 | -1.4% | +1.3% | +6.8% | |
| Q4 2022 | +1.2% | -2.4% | -1.5% | |
| Q3 2022 | -1.8% | -1.2% | -2.5% | |
| Q2 2022 | +3.5% | +3.5% | -0.3% | |
| Q1 2022 | -0.5% | -3.8% | +1.8% | |
| Q4 2021 | -0.7% | +1.3% | -4.7% | |
| Q3 2021 | -6.8% | -4.3% | -14.0% | |
| Q2 2021 | +1.8% | +3.8% | +10.6% | |
| Q1 2021 | -8.1% | -8.0% | -4.5% | |
| Q4 2020 | +1.7% | -3.7% | +1.3% | |
| Q3 2020 | -4.0% | +3.7% | +16.7% | |
| Q2 2020 | +1.7% | +3.4% | +12.1% | |
| Q1 2020 | +5.9% | +0.0% | +45.5% | |
| Q4 2019 | +3.0% | +1.1% | -9.4% | |
| Q3 2019 | +2.8% | +3.0% | +2.5% | |
| Q2 2019 | +3.2% | -3.0% | -5.1% | |
| Q1 2019 | +3.6% | +5.3% | -0.9% | |
| Q4 2018 | +2.0% | +1.0% | +13.6% | |
| Q3 2018 | -0.9% | -2.8% | -4.8% | |
| Q2 2018 | +9.7% | +10.7% | +11.1% | |
| Q1 2018 | -3.9% | -4.2% | -0.7% | |
| Q4 2017 | +3.2% | +4.0% | -5.3% | |
| Q3 2017 | +5.4% | +4.5% | +9.8% | |
| Q2 2017 | +0.6% | -1.4% | -4.4% | |
| Q1 2017 | -1.6% | -0.5% | -3.0% | |
| Q4 2016 | +2.1% | +1.0% | +4.4% | |
| Q3 2016 | +6.7% | +7.3% | +13.7% | |
| Q2 2016 | +7.2% | +8.5% | +23.4% | |
| Q1 2016 | -4.5% | — | — | |
| Q4 2015 | -13.7% | — | — | |
| Q3 2015 | +2.2% | — | — | |
| Q2 2015 | -2.4% | — | — | |
| Q1 2015 | +2.1% | — | — | |
| Q4 2014 | +0.6% | — | — | |
| Q3 2014 | +6.0% | — | — | |
| Q2 2014 | -7.2% | — | — | |
| Q1 2014 | +6.4% | — | — | |
| Q4 2013 | -7.6% | — | — | |
| Q3 2013 | +12.9% | — | — | |
| Q2 2013 | +12.3% | — | — | |
| Q1 2013 | -6.6% | — | — | |
| Q4 2012 | +35.4% | — | — | |
| Q3 2012 | -3.0% | — | — | |
| Q2 2012 | -65.7% | — | — | |
| Q1 2012 | +2.6% | — | — | |
| Q4 2011 | -2.0% | — | — | |
| Q3 2011 | -11.0% | — | — | |
| Q2 2011 | +9.0% | — | — | |
| Q1 2010 | +1.6% | — | — | |
| Q1 2011 | +1.4% | — | — | |
| Q4 2008 | -3.4% | — | — | |
| Q4 2010 | -3.4% | — | — | |
| Q3 2010 | -2.4% | — | — | |
| Q3 2009 | -2.4% | — | — | |
| Q4 2009 | -1.6% | — | — | |
| Q2 2010 | -1.6% | — | — | |
| Q2 2009 | -1.6% | — | — |
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