MGIC Investment Reports Financial Condition & Operations

Ticker: MTG · Form: 8-K · Filed: 2024-01-31T00:00:00.000Z

Sentiment: neutral

Topics: financial-results, 8-K, corporate-update

TL;DR

**MGIC just dropped an 8-K on its financials, time to check their numbers.**

AI Summary

MGIC Investment Corporation (MTG) filed an 8-K on January 31, 2024, to report its results of operations and financial condition. This filing indicates that the company is providing an update on its financial performance, which is crucial for investors to understand the health and profitability of the business. For shareholders, this matters because it offers transparency into how the company is performing, which can influence stock price and future investment decisions.

Why It Matters

This filing provides investors with an official update on MGIC Investment Corporation's financial health, directly impacting their assessment of the company's value and future prospects.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial results, which is generally expected and does not inherently introduce new risks.

Analyst Insight

Investors should look for the detailed financial statements and exhibits referenced in this 8-K to fully understand MGIC Investment Corporation's performance and make informed decisions.

Key Players & Entities

Forward-Looking Statements

FAQ

What is the purpose of this 8-K filing by MGIC Investment Corporation?

The purpose of this 8-K filing by MGIC Investment Corporation is to report on its Results of Operations and Financial Condition, as well as to include Financial Statements and Exhibits, as indicated by the 'ITEM INFORMATION' sections in the filing.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on January 31, 2024, as stated under 'Date of Report (Date of Earliest Event Reported): January 31, 2024'.

What is the trading symbol and exchange for MGIC Investment Corporation's common stock?

MGIC Investment Corporation's common stock trades under the symbol MTG and is registered on the New York Stock Exchange, as specified in the 'Securities registered pursuant to Section 12(b) of the Act' section.

What is the business address of MGIC Investment Corporation?

The business address of MGIC Investment Corporation is 250 E. Kilbourn Avenue, Milwaukee, Wisconsin 53202, as listed under 'Address of principal executive offices'.

Is MGIC Investment Corporation considered an emerging growth company?

The filing indicates that MGIC Investment Corporation is NOT an emerging growth company, as none of the boxes for 'emerging growth company' are checked.

Filing Stats: 478 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-01-31 16:05:45

Filing Documents

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. The Company issued a press release on January 31, 2024 announcing its results of operations for the quarter ended December 31, 2023 and certain other information. The press release is furnished as Exhibit 99.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Pursuant to General Instruction B.2 to Form 8-K, the Company's January 31, 2024 press release is furnished as Exhibit 99 and is not filed. Exhibit Index Exhibit No. Description 99 Press Release dated January 31, 2024 . (Pursuant to General Instruction B.2 to Form 8-K, this press release is furnished and is not filed.) 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MGIC INVESTMENT CORPORATION Date: January 31, 2024 By: \s\ Julie K. Sperber Julie K. Sperber Vice President, Controller and Chief Accounting Officer

View on Read The Filing