)
Overview
<ul>
<li>Mortgage insurer’s Q4 net income declined yr/yr, adjusted EPS missed analyst expectations</li>
<li>Company repurchased 6.8 mln shares for $189.1 mln</li>
<li>Company executed $250 mln reinsurance transaction for 2021 NIW</li>
</ul>
Outlook
<ul>
<li>MGIC Investment did not provide specific financial guidance for future quarters in press release</li>
</ul>
Result Drivers
<ul>
<li>NEW INSURANCE WRITTEN - MGIC reported an increase in new insurance written to $17.1 bln in Q4 2025, up from $16.5 bln in Q3 2025</li>
<li>REINSURANCE TRANSACTIONS - MGIC executed a $250 mln reinsurance transaction for 2021 NIW, enhancing risk management</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q4 Miss $0.75 $0.76 (5
Adjusted Analysts
<h3>EPS )</h3>
Q4 Net $169.30
Income mln
<h3>Q4 $168.40</h3>
Adjusted mln
Operatin
g Income
<h3>Q4 $0.15</h3>
Dividend
Analyst Coverage
<ul>
<li>The current average analyst rating on the shares is “hold” and the breakdown of recommendations is 1 “strong buy” or “buy”, 3 “hold” and 1 “sell” or “strong sell”</li>
<li>The average consensus recommendation for the property &amp; casualty insurance peer group is “buy.”</li>
<li>Wall Street’s median 12-month price target for MGIC Investment Corp is $28.75, about 6.8% above its January 30 closing price of $26.92</li>
<li>The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago</li>
</ul>
Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Mortgage insurer MGIC Q4 adjusted EPS misses estimates