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Dec 31, 2024
MGIC Q4 2024 Earnings Report
Reported strong financial results, returning meaningful capital to shareholders.
Key Takeaways
MGIC Investment Corporation reported a net income of $184.7 million, or $0.72 per diluted share, and an adjusted net operating income (Non-GAAP) of $184.5 million, or $0.72 per diluted share for the fourth quarter of 2024.
Net income for Q4 2024 was $184.7 million, or $0.72 per diluted share.
Adjusted net operating income (Non-GAAP) for Q4 2024 was $184.5 million, or $0.72 per diluted share.
The company paid a dividend of $0.13 per common share to shareholders.
7.8 million shares of common stock were repurchased for $193.3 million.
MGIC
MGIC
MGIC Revenue by Segment
Revenue by Segment
Net Premiums Earned Revenue
CapyFin.com Forward Guidance
MGIC did not provide specific forward guidance in this earnings report.