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MGIC Fiscal Q4 2024 Earnings Report - CapyFin

MGIC

🇺🇸 NYSE:MTG

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Overview Earnings Dividends Seasonality Metrics

Feb 03, 2025

•

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.