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Published on 7 Feb 2024 on Simply Wall St. via Yahoo Finance

MGIC Investment Corporation (NYSE:MTG) Just Reported And Analysts Have Been Lifting Their Price...


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The annual results for MGIC Investment Corporation (NYSE:MTG) were released last week, making it a good time to revisit its performance. MGIC Investment reported US$1.2b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$2.49 beat expectations, being 3.1% higher than what the analysts expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on MGIC Investment after the latest results.

Check out our latest analysis for MGIC Investment

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NYSE.MTG price evolution

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