Track market-moving stories before they get noisy

MGIC Investment Corporation remains rated Hold due to persistent headwinds in the US housing market and lack of competitive differentiation. MTG's EPS growth is primarily driven by aggressive share buybacks, with a 31.9% share reduction over five years, masking declines in net income. Despite a five-year streak of dividend increases and robust capital returns, MTG faces rising net losses and uneven home buying activity in key states.

Posted by Defense World Staff on Apr 25th, 2026

Caprock Group LLC boosted its position in MGIC Investment Corporation (NYSE:MTG – Free Report) by 86.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,651 shares of the insurance provider’s stock after purchasing an additional 45,335 shares during the period. Caprock Group LLC’s holdings in MGIC Investment were worth $2,853,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Alpine Bank Wealth Management acquired a new position in MGIC Investment in the 3rd quarter worth about $28,000. Newbridge Financial Services Group Inc. acquired a new position in MGIC Investment in the 3rd quarter worth about $28,000. SBI Securities Co. Ltd. increased its holdings in MGIC Investment by 61.1% in the 3rd quarter. SBI Securities Co. Ltd. now owns 1,041 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 395 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in MGIC Investment in the 4th quarter worth about $36,000. Finally, Root Financial Partners LLC acquired a new position in MGIC Investment in the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 95.58% of the company’s stock.

Insider Buying and Selling at MGIC Investment In other MGIC Investment news, CEO Timothy J. Mattke sold 139,202 shares of the company’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $26.49, for a total value of $3,687,460.98. Following the sale, the chief executive officer owned 1,118,005 shares in the company, valued at approximately $29,615,952.45. The trade was a 11.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paula C. Maggio sold 20,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $27.51, for a total value of $550,200.00. Following the completion of the sale, the executive vice president owned 114,689 shares in the company, valued at $3,155,094.39. This trade represents a 14.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 200,133 shares of company stock worth $5,342,700. Insiders own 1.34% of the company’s stock.

MGIC Investment Trading Down 0.4% NYSE MTG opened at $28.66 on Friday. The business’s 50-day moving average price is $26.71 and its two-hundred day moving average price is $27.44. MGIC Investment Corporation has a 12 month low of $24.14 and a 12 month high of $29.97. The firm has a market capitalization of $6.16 billion, a PE ratio of 9.13, a price-to-earnings-growth ratio of 2.29 and a beta of 0.79. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.13.

MGIC Investment (NYSE:MTG – Get Free Report) last released its quarterly earnings results on Monday, February 2nd. The insurance provider reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.02. MGIC Investment had a return on equity of 14.33% and a net margin of 60.84%.During the same period last year, the firm posted $0.72 EPS. MGIC Investment’s quarterly revenue was down .9% on a year-over-year basis. On average, analysts expect that MGIC Investment Corporation will post 3.08 EPS for the current year.

MGIC Investment announced that its Board of Directors has approved a stock repurchase plan on Thursday, April 23rd that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the insurance provider to reacquire up to 12.4% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

MGIC Investment Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, May 21st. Shareholders of record on Wednesday, May 6th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Wednesday, May 6th. MGIC Investment’s payout ratio is 19.11%.

Wall Street Analysts Forecast Growth A number of equities analysts have issued reports on MTG shares. Keefe, Bruyette & Woods upped their target price on MGIC Investment from $28.00 to $29.00 and gave the stock a “market perform” rating in a report on Friday, April 10th. UBS Group lowered their target price on MGIC Investment from $29.50 to $28.00 and set a “neutral” rating for the company in a report on Thursday, March 12th. Barclays upped their target price on MGIC Investment from $28.00 to $29.00 and gave the stock an “equal weight” rating in a report on Monday, April 6th. Finally, Weiss Ratings cut MGIC Investment from a “buy (a-)” rating to a “buy (b+)” rating in a report on Thursday, February 5th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $28.50.

View Our Latest Stock Report on MTG

About MGIC Investment (Free Report)

MGIC Investment Corporation (NYSE: MTG) is a leading provider of private mortgage insurance in the United States. Established in 1957 as the nation’s first private mortgage insurer, MGIC helps lenders manage credit risk and facilitates homeownership by protecting mortgage loans against default. Headquartered in Milwaukee, Wisconsin, the company operates through its principal subsidiary, Mortgage Guaranty Insurance Corporation, and maintains relationships with a broad network of originators and servicers nationwide.

The company’s primary business activity involves issuing mortgage insurance policies that enable borrowers to purchase homes with down payments below traditional lending thresholds.

See Also Five stocks we like better than MGIC Investment Want to see what other hedge funds are holding MTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MGIC Investment Corporation (NYSE:MTG – Free Report).

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First Quarter 2026 Net Income of $165.3 million or $0.76 per Diluted Share

First Quarter 2026 Adjusted Net Operating Income (Non-GAAP) of $165.1 million or $0.76 per Diluted Share

, /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2026.

Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "We had a strong start to the year, successfully executing on our business strategies and generating solid first quarter results. We achieved a return on equity of 13% while continuing to return meaningful capital to our shareholders.

"We are well-positioned to navigate dynamic environments, supported by our deep industry expertise, strong balance sheet, and disciplined approach to capital allocation. Our continued focus and commitment to meet our customers' evolving needs has allowed us to drive long-term shareholder value," concluded Mattke.

SUMMARY FINANCIAL METRICS

Quarter ended

 ($ in millions, except where otherwise noted)

Q1 2026

Q4 2025

Q1 2025

Net income

$              165.3

$              169.3

$              185.5

Net income per diluted share

$                0.76

$                0.75

$                0.75

Adjusted net operating income

$              165.1

$              168.4

$              185.2

Adjusted net operating income per diluted share

$                0.76

$                0.75

$                0.75

New insurance written (NIW) (billions)

$                14.4

$                17.1

$                10.2

Net premiums earned

$              235.4

$              236.0

$              243.7

Insurance in force (billions)

$              302.7

$              303.1

$              293.8

Annual persistency

84.0 %

84.8 %

84.7 %

Losses incurred, net

$                33.2

$                31.2

$                  9.6

Primary delinquency inventory

27,006

27,072

25,438

Primary IIF delinquency rate (count based)

2.44 %

2.43 %

2.30 %

Loss ratio

14.1 %

13.2 %

3.9 %

Underwriting expense ratio

20.5 %

19.9 %

22.5 %

In force portfolio yield (bps)

38.0

38.0

38.4

Net premium yield (bps)

31.1

31.2

33.0

Annualized return on equity

13.0 %

13.1 %

14.3 %

Book value per common share outstanding

$              23.63

$              23.47

$              21.40

Adjust for AOCI

$                0.79

$                0.61

$                0.98

Tangible book value per share

$              24.41

$              24.08

$              22.38

CAPITAL AND LIQUIDITY

As of

($ in billions, except where otherwise noted)

March 31, 2026

December 31, 2025

March 31, 2025

PMIERs available assets

$                     5.8

$                     5.7

$                     5.9

PMIERs excess

$                     2.9

$                     2.5

$                     2.6

Holding company liquidity (millions)

$                    709

$                 1,074

$                    824

FIRST QUARTER 2026 HIGHLIGHTS

Through an insurance linked note transaction, we executed a $324 million excess of loss reinsurance agreement that covers certain policies written between January 1, 2022 and March 31, 2025. We repurchased 7.2 million shares of common stock for $192.6 million. We paid a dividend of $0.15 per common share to shareholders. SECOND QUARTER 2026 HIGHLIGHTS

Through April 24, 2026 we repurchased an additional 1.7 million shares of our common stock for $47.4 million. We declared a dividend of $0.15 per common share to shareholders payable on May 21, 2026, to shareholders of record at the close of business on May 6, 2026. MGIC paid a $400 million dividend to our holding company. Our board of directors approved a share repurchase program, authorizing us to purchase an additional $750 million of common stock prior to December 31, 2028. Conference Call and Webcast Details

MGIC Investment Corporation will hold a conference call April 30, 2026, at 10:00 a.m. ET to allow securities analysts and shareholders the opportunity to hear management discuss the company's quarterly results. Individuals interested in joining by telephone should register for the call at https://register-conf.media-server.com/register/BIeb1b95ef583c49419a8d6b744e509dce to receive the dial-in number and unique PIN to access the call. It is recommended that you join the call at least 10 minutes before the conference call begins. The call is also being webcast and can be accessed at the company's website at http://mtg.mgic.com/ under "Newsroom." A replay of the webcast will be available on the company's website through May 30, 2026.

About MGIC

Mortgage Guaranty Insurance Corporation (MGIC) (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, provides mortgage insurance solutions that support responsible credit risk management for mortgage lenders and investors and enable borrowers to qualify for mortgages with lower down payments. As the founder and longstanding leader of today's private mortgage insurance industry, MGIC continues to guide the industry's evolution while serving as a trusted partner to lenders across the country.

This press release, which includes certain additional statistical and other information, including non-GAAP financial information and a supplement that contains various portfolio statistics, are all available on the Company's website at https://mtg.mgic.com/ under "Newsroom."

From time to time MGIC Investment Corporation releases important information via postings on its corporate website, and via postings on MGIC's website for information related to underwriting and pricing, and intends to continue to do so in the future. Such postings include corrections of previous disclosures and may be made without any other disclosure. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information for MGIC Investment Corporation alerts can be found at https://mtg.mgic.com/shareholder-services/email-alerts. For information about our underwriting and rates, see https://www.mgic.com/underwriting.

Use of Non-GAAP financial measures

We believe that use of the Non-GAAP financial measures of adjusted pre-tax operating income (loss), adjusted net operating income (loss) and adjusted net operating income (loss) per diluted share facilitate the evaluation of the company's core financial performance thereby providing relevant information to investors. These measures are not recognized in accordance with accounting principles generally accepted in the United States of America (GAAP) and should not be viewed as alternatives to GAAP measures of performance.

Adjusted pre-tax operating income (loss) is defined as GAAP income (loss) before tax, excluding the effects of net realized investment gains (losses), gain and losses on debt extinguishment and infrequent or unusual non-operating items where applicable.

Adjusted net operating income (loss) is defined as GAAP net income (loss) excluding the after-tax effects of net realized investment gains (losses), gain and losses on debt extinguishment and infrequent or unusual non-operating items where applicable. The amounts of adjustments to components of pre-tax operating income (loss) are tax effected using a federal statutory tax rate of 21%.

Adjusted net operating income (loss) per diluted share is calculated in a manner consistent with the accounting standard regarding earnings per share by dividing (i) adjusted net operating income (loss) by (ii) diluted weighted average common shares outstanding, which reflects share dilution from unvested restricted stock units.

Although adjusted pre-tax operating income (loss) and adjusted net operating income (loss) exclude certain items that have occurred in the past and are expected to occur in the future, the excluded items represent items that are: (1) not viewed as part of the operating performance of our primary activities; or (2) impacted by both discretionary and other economic or regulatory factors and are not necessarily indicative of operating trends, or both. These adjustments, along with the reasons for their treatment, are described below. Trends in the profitability of our fundamental operating activities can be more clearly identified without the fluctuations of these adjustments. Other companies may calculate these measures differently. Therefore, their measures may not be comparable to those used by us.

(1)

Net realized investment gains (losses). The recognition of net realized investment gains or losses can vary significantly across periods as the timing of individual securities sales is highly discretionary and is influenced by such factors as market opportunities, our tax and capital profile, and overall market cycles.

(2)

Gains and losses on debt extinguishment. Gains and losses on debt extinguishment result from discretionary activities that are undertaken to enhance our capital position, and/or improve our debt profile. 

(3)

Infrequent or unusual non-operating items. Items that are non-recurring in nature and are not part of our primary operating activities.

MGIC INVESTMENT CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

Three Months Ended March 31,

(In thousands, except per share data)

2026

2025

Net premiums written

$                 234,943

$                 235,346

Revenues

Net premiums earned

$                 235,363

$                 243,719

Net investment income

61,742

61,443

Net gains (losses) on investments and other financial instruments

(169)

741

Other revenue

141

331

Total revenues

297,077

306,234

Losses and expenses

Losses incurred, net

33,242

9,591

Underwriting and other expenses, net

48,108

53,063

Interest expense

8,899

8,899

Total losses and expenses

90,249

71,553

Income before tax

206,828

234,681

Provision for income taxes

41,525

49,221

Net income

$                 165,303

$                 185,460

Net income per diluted share

$                       0.76

$                       0.75

MGIC INVESTMENT CORPORATION AND SUBSIDIARIES

EARNINGS PER SHARE (UNAUDITED)

Three Months Ended March 31,

(In thousands, except per share data)

2026

2025

Net income - basic and diluted

$                  165,303

$                   185,460

Basic weighted average common shares outstanding

216,135

244,147

Dilutive effect of unvested restricted stock units

2,051

2,343

Diluted weighted average common shares outstanding

218,186

246,490

Diluted earnings per share

$                        0.76

$                         0.75

NON-GAAP RECONCILIATIONS

Reconciliation of Income before tax / Net income to Adjusted pre-tax operating income / Adjusted net operating income

Three Months Ended March 31,

2026

2025

(In thousands, except per share amounts)

Pre-tax

Tax Effect

Net

(after-tax)

Pre-tax

Tax Effect

Net

(after-tax)

Income before tax / Net income

$ 206,828

$  41,525

$   165,303

$ 234,681

$   49,221

$   185,460

Adjustments:

Net realized investment (gains) losses

(200)

(42)

(158)

(319)

(67)

(252)

Adjusted pre-tax operating income / Adjusted

net operating income

$ 206,628

$  41,483

$   165,145

$ 234,362

$   49,154

$   185,208

Reconciliation of Net income per diluted share to Adjusted net operating income per diluted share

Weighted average shares - diluted

218,186

246,490

Net income per diluted share

$        0.76

$         0.75

Net realized investment (gains) losses

0.00

0.00

Adjusted net operating income per diluted share

$        0.76

$         0.75

MGIC INVESTMENT CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

March 31,

December 31,

March 31,

(In thousands, except per share data)

2026

2025

2025

ASSETS

Investments (1)

$    5,719,421

$     5,807,662

$     5,901,057

Cash and cash equivalents

235,090

368,989

206,988

Restricted cash and cash equivalents

14,405

6,525

5,705

Reinsurance recoverable on loss reserves (2)

73,184

65,055

51,864

Home office and equipment, net

31,947

32,454

34,468

Deferred insurance policy acquisition costs

7,955

8,377

11,114

Deferred income taxes, net

15,494

18,512

46,196

Other assets

319,253

331,912

277,744

Total assets

$    6,416,749

$     6,639,486

$     6,535,136

LIABILITIES AND SHAREHOLDERS' EQUITY

Liabilities:

Loss reserves (2)

$       499,120

$        474,884

$        465,033

Unearned premiums

92,606

93,026

111,987

Senior notes

646,506

646,138

645,035

Other liabilities

141,230

277,887

173,197

Total liabilities

1,379,462

1,491,935

1,395,252

Shareholders' equity

5,037,287

5,147,551

5,139,884

Total liabilities and shareholders' equity

$    6,416,749

$     6,639,486

$     6,535,136

Book value per share (3)

$           23.63

$            23.47

$            21.40

(1) Investments include net unrealized gains (losses) on securities

$     (194,840)

$      (152,767)

$      (261,022)

(2) Loss reserves, net of reinsurance recoverable on loss reserves

$      425,936

$       409,829

$       413,169

(3) Shares outstanding

213,200

219,367

240,194

MGIC INVESTMENT CORPORATION AND SUBSIDIARIES

ADDITIONAL INFORMATION - NEW INSURANCE WRITTEN

2026

2025

Q1

Q4

Q3

Q2

Q1

New primary insurance written (NIW) (billions)

$       14.4

$       17.1

$       16.5

$       16.4

$       10.2

Monthly (including split premium plans) and

annual premium plans

13.9

16.6

16.1

16.0

9.9

Single premium plans

0.5

0.5

0.4

0.4

0.3

Product mix as a % of primary NIW

Credit score < 680

5 %

5 %

4 %

4 %

4 %

>95% LTVs

14 %

15 %

17 %

13 %

13 %

>45% DTI

25 %

26 %

27 %

26 %

31 %

Singles

4 %

3 %

2 %

2 %

2 %

Refinances

21 %

17 %

6 %

6 %

6 %

New primary risk written (billions)

$         3.8

$         4.4

$         4.4

$         4.3

$         2.6

MGIC INVESTMENT CORPORATION AND SUBSIDIARIES

ADDITIONAL INFORMATION - INSURANCE IN FORCE and RISK IN FORCE

2026

2025

Q1

Q4

Q3

Q2

Q1

Primary Insurance In Force (IIF) (billions)

$        302.7

$        303.1

$        300.8

$       297.0

$       293.8

Total # of loans

1,106,958

1,112,727

1,111,855

1,107,526

1,105,863

Premium Yield

In force portfolio yield (1)

38.0

38.0

38.3

38.3

38.4

Premium refunds (2)

(0.3)

(0.4)

(0.3)

(0.1)

0.0

Accelerated earnings on single premium

0.2

0.3

0.2

0.2

0.2

Total direct premium yield

37.9

37.9

38.2

38.4

38.6

Ceded premiums earned, net of profit

commission and assumed premiums (3)

(6.8)

(6.7)

(5.9)

(5.4)

(5.6)

Net premium yield

31.1

31.2

32.3

33.0

33.0

Average Loan Size of IIF (thousands)

$        273.4

$        272.4

$        270.6

$       268.2

$       265.7

Annual Persistency

84.0 %

84.8 %

85.0 %

84.7 %

84.7 %

Primary Risk In Force (RIF) (billions)

$          81.2

$          81.2

$          80.6

$         79.5

$         78.5

By credit score (%) (4)

760 & >

45 %

45 %

45 %

44 %

44 %

740-759

18 %

18 %

18 %

18 %

18 %

720-739

14 %

14 %

14 %

14 %

14 %

700-719

10 %

10 %

10 %

10 %

10 %

680-699

7 %

7 %

7 %

7 %

7 %

660-679

3 %

3 %

3 %

3 %

3 %

640-659

2 %

2 %

2 %

2 %

2 %

639 & <

1 %

1 %

1 %

2 %

2 %

Average Coverage Ratio (RIF/IIF)

26.8 %

26.8 %

26.8 %

26.8 %

26.7 %

(1)

Total direct premiums earned, excluding premium refunds and accelerated premiums from single premium policy cancellations divided by average primary insurance in force.

(2)

Premium refunds and our estimate of refundable premium on our delinquency inventory divided by average primary insurance in force.

(3)

Ceded premiums earned, net of profit commissions and assumed premiums. Assumed premiums include our participation in GSE Credit Risk Transfer programs, of which the impact on the net premium yield was 0.5 bps in the first quarter of 2026.

(4)

The credit score at the time of origination for a loan with multiple borrowers is the lowest of the borrowers' "decision credit scores." A borrower's "decision credit score" is determined as follows: if there are three credit scores available, the middle credit score is used; if two credit scores are available, the lower of the two is used; if only one credit score is available, it is used.

MGIC INVESTMENT CORPORATION AND SUBSIDIARIES

ADDITIONAL INFORMATION - DELINQUENCY STATISTICS

2026

2025

Q1

Q4

Q3

Q2

Q1

Primary IIF - Delinquent Roll Forward - # of

Loans

Beginning Delinquent Inventory

27,072

25,747

24,444

25,438

26,791

New Notices

13,791

14,489

13,582

11,970

12,965

Cures

(13,393)

(12,632)

(11,814)

(12,588)

(13,981)

Paid claims

(457)

(359)

(359)

(341)

(312)

Rescissions and denials

(7)

(13)

(18)

(35)

(25)

Other items removed from inventory (1)

—

(160)

(88)

—

—

Ending Delinquent Inventory

27,006

27,072

25,747

24,444

25,438

Primary IIF Delinquency Rate (count based)

2.44 %

2.43 %

2.32 %

2.21 %

2.30 %

Primary claim received inventory included in
ending delinquent inventory

383

398

333

295

304

Composition of Cures

Reported delinquent and cured

intraquarter

3,973

3,917

3,606

3,268

4,321

Number of payments delinquent prior to

cure

3 payments or less

6,262

5,734

5,141

5,708

6,379

4-11 payments

2,702

2,466

2,500

2,887

2,759

12 payments or more

456

515

567

725

522

Total Cures in Quarter

13,393

12,632

11,814

12,588

13,981

Composition of Paids

Number of payments delinquent at time

of claim payment

3 payments or less

1

—

1

—

1

4-11 payments

57

32

32

32

28

12 payments or more

399

327

326

309

283

Total Paids in Quarter

457

359

359

341

312

Aging of Primary Delinquent Inventory

Consecutive months delinquent

      3 months or less

9,655

36 %

10,389

38 %

9,817

38 %

8,552

35 %

8,497

33 %

      4-11 months

10,289

38 %

9,559

35 %

8,858

34 %

8,868

36 %

9,907

39 %

      12 months or more

7,062

26 %

7,124

27 %

7,072

28 %

7,024

29 %

7,034

28 %

Number of payments delinquent

      3 payments or less

13,376

49 %

14,121

52 %

13,406

52 %

12,260

50 %

12,319

48 %

      4-11 payments

9,364

35 %

8,747

32 %

8,122

32 %

7,963

33 %

8,788

35 %

      12 payments or more

4,266

16 %

4,204

16 %

4,219

16 %

4,221

17 %

4,331

17 %

(1)

Items removed from inventory are associated with commutations of coverage on non-performing policies.

MGIC INVESTMENT CORPORATION AND SUBSIDIARIES

ADDITIONAL INFORMATION - RESERVES and CLAIMS PAID

2026

2025

Q1

Q4

Q3

Q2

Q1

Reserves (millions)

Primary Direct Loss Reserves

$             497

$             472

$             450

$             450

$             462

Other Gross Loss Reserves

2

3

2

2

3

Total Gross Loss Reserves

$             499

$             475

$             452

$             452

$             465

Primary Average Direct Reserve

Per Delinquency

$          18,398

$          17,449

$          17,462

$          18,395

$          18,167

Net Paid Claims (millions) (1)

$              17

$              16

$              14

$              12

$              12

Total primary (excluding settlements)

20

16

14

13

12

Rescission and NPL settlements

—

3

1

—

—

Reinsurance

(4)

(3)

(2)

(2)

(2)

LAE and other

1

1

1

1

2

Reinsurance Terminations (1)

—

(1)

—

—

—

Primary Average Claim Payment

(thousands) (2)

$            42.7

$            46.1

$            39.7

$            36.5

$            38.8

(1)

Net paid claims, as presented, does not include amounts received in conjunction with terminations or commutations of reinsurance agreements.

(2)

Excludes amounts paid in settlement disputes for claims paying practices and/or commutations of policies.

MGIC INVESTMENT CORPORATION AND SUBSIDIARIES

ADDITIONAL INFORMATION - REINSURANCE AND MI RATIOS

2026

2025

Q1

Q4

Q3

Q2

Q1

Quota Share Reinsurance

% NIW subject to reinsurance

86.4 %

86.2 %

88.2 %

87.7 %

86.8 %

Ceded premiums written and earned (millions)

$       37.8

$       38.9

$       32.0

$       28.1

$       29.9

Ceded losses incurred (millions)

$       12.0

$       11.9

$         6.1

$         4.0

$         6.4

Ceding commissions (millions) (included in

underwriting and other expenses)

$       13.4

$       13.4

$       12.9

$       12.1

$       11.7

Profit commission (millions) (included in ceded

premiums)

$       29.1

$       28.3

$       32.6

$       32.3

$       28.7

Excess-of-Loss Reinsurance

Ceded premiums earned (millions)

$       17.8

$       14.8

$       16.2

$       15.4

$       14.7

GAAP loss ratio

14.1 %

13.2 %

4.5 %

(1.2 %)

3.9 %

GAAP underwriting expense ratio

20.5 %

19.9 %

21.1 %

21.9 %

22.5 %

Mortgage Guaranty Insurance Corporation - Risk to

Capital

9.6:1 

10.0:1 

9.7:1 

10.0:1 

9.8:1 

Combined Insurance Companies - Risk to Capital

9.6:1 

10.0:1 

9.7:1 

10.0:1 

9.7:1 

Safe Harbor Statement

Forward Looking Statements and Risk Factors:

This release contains forward looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on current assumptions, expectations, and projections and are subject to risks and uncertainties that could cause actual results to differ materially. Forward-looking statements consist of statements which relate to matters other than historical fact, including matters that inherently refer to future events. Among others, statements that include words such as "believe," "anticipate," "will" or "expect," or words of similar import, are forward-looking statements. Our actual results may differ, possibly materially, from those expressed or implied in such forward-looking statements. Factors and uncertainties that could cause actual results to differ can be found in the "Risk Factors" and "Forward-Looking Statements" sections included in MGIC Investment Corporation's Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Such factors and uncertainties include, without limitation:

Our results are dependent on U.S. economic and housing market conditions; adverse conditions may cause a decrease in new insurance written and/or an increase in delinquencies, claim frequency, and claim severity. Additionally, if the volume of low down payment home mortgage originations declines, the amount of new insurance that we write could decline. The substantial majority of MGIC's new insurance written is for loans purchased by Fannie Mae and Freddie Mac ("the GSEs"); therefore, changes to their business practices or legislative, regulatory or administrative reforms could materially affect our business and financial results. Failure to comply with the GSEs' Private Mortgage Insurance Eligibility Requirements ("PMIERs") could limit our operations, or at the extreme, lead to suspension or termination of eligibility to insure loans purchased by the GSEs. Loss reserve estimates are subject to uncertainties; actual losses may differ materially from estimates.  Additionally, because reserves are established only upon delinquency, losses may disproportionately impact earnings in certain periods. We operate in a highly regulated environment at both the federal and state levels; regulatory changes or enforcement actions may adversely affect our operations and/or financial results. If we fail to meet the State Capital Requirements of Wisconsin, we could be prevented from writing new business in all jurisdictions; we could be prevented from writing new business in a particular jurisdiction if we fail to meet the state capital requirements of that jurisdiction. Pandemics, severe weather events, and climate related developments may negatively affect home prices and affordability, potentially leading to an increase in delinquencies, claim frequency, and claim severity. Actions by government authorities, including FHFA and the GSEs, to address climate related issues could similarly affect our results.  The availability, cost, and capital credit for reinsurance may change due to market conditions or GSE actions, potentially requiring us to retain more risk and maintain additional capital. Our financial results may be impacted if lenders and investors seek alternatives to private mortgage insurance. In addition, changes in GSE programs, growth in government market share, or changes to regulatory capital rules to limit capital relief for mortgage insurance could affect our business in similar ways. The premium rates we charge may prove inadequate due to unknown future economic conditions, modelling limitations or errors, or other unexpected events. The length of time our insurance policies remain in force ("persistency") affects our results. Among other things, persistency can be influenced by interest rates, borrower equity, refinancing activity, and mortgage insurance cancellation requirements. Instability in financial markets or counterparty failures, including by reinsurers or mortgage servicers, could increase our credit risk and losses. Ineffective risk management programs, inaccurate data or model errors could impair our ability to identify and respond to risks, and materially adversely affect our business, results of operations, and financial condition. Technology system failures, cybersecurity breaches, or data privacy incidents could materially disrupt operations and cause financial and reputational damage. Changes in our underwriting practices and mix of business have the potential to increase risk and negatively affect our financial results. Our business depends on hiring and retaining experienced management and key personnel; the failure to do so could disrupt operations and negatively impact our financial condition. The mortgage insurance market is highly competitive. Competition from private mortgage insurers, government programs, and potential new market entrants —combined with pricing pressure and shifting customer preferences and relationships—could lead to a reduction in our new insurance written. Adverse rating agency actions could affect our competitiveness, GSE eligibility, and access to capital. Litigation and regulatory proceedings could result in fines, settlements, operational restrictions, or reputational harm. Our investment portfolio is exposed to risks that could adversely impact our operations and financial results.  Future capital needs could require issuance of debt or equity, potentially diluting shareholders. Our stock price may fluctuate due to economic, industry, regulatory, or company specific developments. Regulatory limits on dividends from our insurance subsidiaries have the potential to constrain holding company liquidity and our ability to pay shareholder dividends or repurchase stock in the future. We are not undertaking any obligation to update any forward-looking statements or other statements we may make even though these statements may be affected by events or circumstances occurring after the forward looking statements or other statements were made. No investor should rely on the fact that such statements are current at any time other than the time at which this press release was delivered for dissemination to the public.

While we communicate with security analysts from time to time, it is against our policy to disclose to them any material non-public information or other confidential information. Accordingly, investors should not assume that we agree with any statement or report issued by any analyst irrespective of the content of the statement or report, and such reports are not our responsibility.

SOURCE MGIC Investment Corporation

MGIC Investment (MTG - Free Report) reported $297.25 million in revenue for the quarter ended March 2026, representing a year-over-year decline of 2.7%. EPS of $0.76 for the same period compares to $0.75 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $301.51 million, representing a surprise of -1.41%. The company delivered an EPS surprise of +3.64%, with the consensus EPS estimate being $0.73.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how MGIC performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

GAAP loss ratio (insurance operations only): 14.1% versus the two-analyst average estimate of 17.7%.Combined Ratio - Insurance Segment (Net of underwriting expense ratio and Loss ratio): 34.6% versus 38.6% estimated by two analysts on average.GAAP underwriting expense ratio (insurance operations only): 20.5% compared to the 20.9% average estimate based on two analysts.Revenues- Net investment income: $61.74 million versus the two-analyst average estimate of $62.38 million. The reported number represents a year-over-year change of +0.5%.Revenues- Net premiums earned: $235.36 million versus $238.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -3.4% change.Revenues- Other revenue: $0.14 million versus the two-analyst average estimate of $0.39 million. The reported number represents a year-over-year change of -57.4%.View all Key Company Metrics for MGIC here>>>

Shares of MGIC have returned +10.4% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

It has been about a month since the last earnings report for MGIC Investment (MTG - Free Report) . Shares have lost about 3.7% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is MGIC due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers.

MGIC Q1 Earnings Beat, Revenues Miss Estimates, Premiums Down Y/Y

MGIC Investment Corporation reported first-quarter 2026 operating net income per share of 76 cents, which beat the Zacks Consensus Estimate by 4.1%. The bottom line also improved 1.3% year over year. Total operating revenues declined 3% year over year to $297 million, attributable to lower net premiums earned and other revenues. The top line missed the Zacks Consensus Estimate by 1.4%. The quarterly results reflected stable investment income, partially offset by lower net premiums earned and other revenues.

Operational UpdateInsurance in force increased 3% year over year to $302.7 billion, exceeding the Zacks Consensus Estimate of $293.7 billion as well as our estimate of $295.6 billion. Meanwhile, primary delinquency rose 6.2% to 27,006 loans during the quarter. Net premiums earned declined 3.4% year over year to $235.4 million, surpassing our estimate of $234.3 million. Meanwhile, net investment income increased 0.5% year over year to $61.7 million, but came in below our estimate of $61.8 million and the Zacks Consensus Estimate of $62.4 million.

Persistency, the percentage of insurance remaining in force, was 84% as of March 31, 2026, and declined 70 basis points from the year-ago quarter’s level. Meanwhile, new insurance written increased 41.5% year over year to $14.4 billion. Underwriting and other expenses, net, declined 9.4% year over year to $48.1 million. However, underwriting performance weakened materially, with the loss ratio surging to 14.1% from 3.9% in the prior-year quarter.

Total losses and expenses increased 26.1% year over year to $90.2 million, attributable to a sharp rise in losses incurred, net, which nearly doubled from the year-ago period.

Financial UpdateBook value per share, a measure of net worth, increased 10.4% year over year to $23.63 as of March 31, 2026. Shareholder equity was $5.3 billion as of March 31, 2026, down 2.1% from the 2025-end level. MGIC Investment's PMIERs Available Assets totaled $5.8 billion, or $2.9 billion above its Minimum Required Assets as of March 31, 2026. Total assets were $6.4 billion as of March 31, 2026, down 4.4% from the 2025-end level. Senior notes totaled $646.5 million as of March 31, 2026, reflecting a 0.1% increase from the 2025-end level.

Capital DeploymentThe company repurchased 7.2 million shares of common stock for $192.6 million and paid a dividend of $400 million to the holding company. MGIC also paid a dividend of 15 cents per common share to shareholders. In January, the company executed an insurance-linked note transaction, that covers certain policies written between Jan. 1, 2022, and March 31, 2025.

MTG  bought back shares worth $47.4 million in April 2026. The board approved a dividend of 15 cents per common share payable in May 21 to shareholders of record on May 3, 2026. Concurrently, the board of directors also approved a share repurchase program, authorizing MTG to repurchase an additional $750 million of common stock through Dec. 31, 2028.

How Have Estimates Been Moving Since Then?Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions.

VGM ScoresAt this time, MGIC has a poor Growth Score of F, a grade with the same score on the momentum front. However, the stock was allocated a score of B on the value side, putting it in the second quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook MGIC has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerMGIC is part of the Zacks Insurance - Multi line industry. Over the past month, Principal Financial (PFG - Free Report) , a stock from the same industry, has gained 2.4%. The company reported its results for the quarter ended March 2026 more than a month ago.

Principal Financial reported revenues of $3.52 billion in the last reported quarter, representing a year-over-year change of -12.4%. EPS of $2.07 for the same period compares with $1.81 a year ago.

For the current quarter, Principal Financial is expected to post earnings of $2.33 per share, indicating a change of +7.9% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.4% over the last 30 days.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Principal Financial. Also, the stock has a VGM Score of C.

-

Arista delivers next-generation cognitive campus innovations

SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks (NYSE: ANET), a leader in data-driven, client-to-cloud networking, today announced it has been named a Leader in the 2026 Gartner® Magic Quadrant for Enterprise Wired and Wireless LAN.1 This recognition, we feel, highlights Arista’s continued momentum in the enterprise campus, driven by its unified, software-driven approach to networking and its commitment to delivering modern, reliable, and AI-optimized connectivity from the data center to the campus edge.

“We feel this underscores Arista’s commitment to relentless innovation and our significant growth in enterprise campus deployments,” said Kumar Srinkantan, VP and GM Campus, for Arista Networks. “Our momentum is fueled by a clear vision: replacing legacy operational complexity with cloud-grade resilience and pioneering AI. With our architectural consistency, we are now redefining the modern enterprise campus.”

Arista is expanding its Cognitive Campus Networking Portfolio. Highlights include its highly anticipated ruggedized campus wired platforms for the industrial edge, along with the introduction of a new family of internal directional antenna wireless access points (APs).

Extending the Enterprise Campus: Ruggedized Switching and Advanced Antennas

Following are key innovations designed for maximum deployment and flexibility in demanding environments:

Availability of Ruggedized Switch Platform: Engineered for industrial, outdoor, and challenging physical environments, Arista’s new ruggedized switching platform extends the power of EOS® (Extensible Operating System) to the edge. These platforms ensure high availability, cognitive management, and enterprise-grade security, engineered for harsh environments and can withstand extreme temperatures, vibrations, and shock. Both ruggedized platforms, 710HXP-28TXH and 710HXP-20TNH, are available now. Launch of New Internal Directional Antennas: Designed to optimize wireless coverage in high-ceiling, high-density, or complex RF environments (such as warehouses, manufacturing floors, large public venues, auditoriums, indoor & outdoor stadiums), Arista’s new Wi-Fi access points, indoor C460D and outdoor O435D, featuring integrated internal directional antennas eliminate the aesthetic and installation complexities of external enclosures while maximizing wireless connectivity and performance. This also allows bringing 6GHz reliably into indoor environments without requiring Automated Frequency Coordination (AFC). Redefining Network Operations with Agentic AIOps

Building on its pioneering AI-driven network operations, Arista is expanding the capabilities of Arista AVA® (Autonomous Virtual Assist), evolving it into a fully multi-domain, agentic AIOps powerhouse.

Moving beyond traditional reactive alerts and conversational chatbots, the next-generation AVA leverages an advanced agentic AI architecture designed to operate seamlessly across multiple domains, correlating telemetry data across wired, wireless, NAC and data center environments. AVA autonomously analyzes multi-dimensional network data, anticipates potential disruptions before they impact users, and engineers’ intent-based workflows.

Crucially, this expansion introduces closed-loop automation with a human-in-the-loop architecture. AVA can independently diagnose complex cross-domain issues, formulate precise remediation steps, and securely present them to IT administrators for approval. This ensures lean enterprise teams maintain absolute control and visibility while benefiting from dramatic reductions in Mean Time to Resolution (MTTR) and operational overhead across massive, distributed environments.

Unified Vision for the Modern Enterprise

All of Arista’s campus wired and wireless solutions are rooted in EOS and managed via CloudVision®, providing enterprises with a single pane of glass, consistent security policies, and deep telemetry across the entire network fabric.

To learn more about Arista’s recognition in the 2026 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN, please find a complimentary copy here.

For more information regarding Arista’s Cognitive Campus portfolio, please visit www.arista.com/en/solutions/cognitive-campus.

[1] Gartner, “Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure,” Mike Leibovitz, Christian Canales, Tim Zimmerman, May 18, 2026.

Gartner Disclaimer:

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner and Magic Quadrant are trademarks of Gartner, Inc., and/or its affiliates.

About Arista

Arista Networks is an industry leader in data-driven, client-to-cloud networking for large AI, data center, campus, and routing environments. Its award-winning platforms deliver availability, agility, automation, analytics, and security through an advanced network operating stack. For more information, visit www.arista.com.

ARISTA, EOS, CloudVision and AVA are among the registered and unregistered trademarks of Arista Networks, Inc. in jurisdictions around the world. Other company names or product names may be trademarks of their respective owners. Additional information and resources can be found at www.arista.com. This press release contains forward-looking statements including, but not limited to, statements regarding the performance and capabilities of Arista’s products and services. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements, including rapid technological and market change, customer requirements, and industry standards, as well as other risks stated in our filings with the SEC available on Arista's website at www.arista.com and the SEC's website at www.sec.gov. Arista disclaims any obligation to publicly update or revise any forward-looking statement to reflect events that occur or circumstances that exist after the date on which they were made.

More News From Arista Networks, Inc.

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Sales organizations that provide sellers with AI-enabled next best actions are 2.6x more likely to achieve commercial growth, according to a survey by Gartner,

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Gartner (IT - Free Report) Headquartered in Stamford, Connecticut, Gartner, Inc. is reportedly the world's leading information technology research and advisory firm. The company offers rich domain expertise and technology-related insight necessary for an informed decision-making process.

IT is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 11.67; value investors should take notice.

Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.34 to $13.71 per share. IT also boasts an average earnings surprise of +10.6%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, IT should be on investors' short list.

New capabilities across Security Operations, AI and Endpoint Management advance Autonomous IT

EMERYVILLE, Calif.--(BUSINESS WIRE)--Tanium, a leader in Autonomous IT, today announced AI-driven product innovations at the Gartner Security & Risk Management Summit, designed to give security operations, IT and compliance teams more of what they have been asking for: faster threat hunting, earlier anomaly detection, autonomous policy enforcement and broader public-sector coverage.

“Autonomous IT is about giving a single operator the data, guidance and reach to do what once took an entire team — and these innovations are another major step on that journey. With these advancements, we’re embedding more intelligence and automation across the platform so customers can find threats faster, close gaps before they become incidents and keep their environments continuously aligned to policy,” said Harman Kaur, chief technology officer at Tanium. “Each of these capabilities brings our customers closer to a future where IT and security operate as one – autonomous, resilient and unstoppable.”

Built on the Tanium Autonomous IT Platform, driven by AI and real-time endpoint intelligence, the new capabilities span key solution pillars of the portfolio: Security Operations and Endpoint Management, with AI throughout. The company has also expanded its FedRAMP authorized services, extending Autonomous IT to more U.S. Government customers.

Expansion of Security Operations:

Tanium Threat Navigator: Tanium Threat Navigator empowers security operations teams with a true threat hunting workflow, allowing them to rapidly test and refine hypotheses while capturing key insights as they hunt. By automating scalable threat hunting across historical and live data, Tanium Threat Navigator transforms successful hunts into actionable intelligence and converts them into alerts that reduce dwell times and time to response.

Tanium Connector for Microsoft Edge for Business: Tanium Connector for Microsoft Edge for Business integrates browser telemetry into the Tanium Autonomous IT Platform, including crash, extensions, login, password breach, unsafe site visits, malware and sensitive data transfers. By unifying browser and endpoint intelligence in real time, Tanium Connector for Microsoft Edge for Business closes critical security blind spots and enables faster, more informed investigations. Without relying on browser add-ons or extra infrastructure, organizations gain deeper visibility into browser-based threats, improve compliance validation, and strengthen overall endpoint security across the enterprise.

Expansion of AI:

Tanium Anomaly Detection for Enterprise Software: Tanium is expanding its AI competencies with anomaly detection, identifying deviations from normal patterns that may indicate security or performance risk. Tanium Anomaly Detection for Enterprise Software analyzes applications across endpoints against peer groups and organizational norms, surfaces unusual or risky software, enriches those findings with context and pinpoints affected devices. This approach reduces security exposure, eliminates software inventory blind spots and strengthens governance — enabling more efficient and proactive IT and security operations.

New FedRAMP Authorized Services: Tanium has received FedRAMP PMO (Program Management Office) authorization, specifically for US based customers and partners, to add new services to the Tanium Cloud for U.S. Government (TC-USG) boundary, making them available to all TC-USG customers. Newly authorized offerings include Tanium Ask, Tanium Connector for Microsoft Intune, Tanium Jump Gate, Tanium Endpoint Management for Operational Technology (OT) and Tanium Endpoint Management for Mobile.

Expansion of Endpoint Management:

Tanium Enforce: Tanium Enforce streamlines policy enforcement end-to-end, turning configuration standards into autonomously enforced guardrails across the enterprise. Organizations can now import chosen Center for Internet Security (CIS) Build Kits, without re-write, as enforceable policies. Continuous drift detection and automated remediation keep endpoints in the intended state. The result is a simple policy setup based on CIS best practice security guidance and continuous, autonomous, closed-loop enforcement at scale — compressing time to remediation from weeks to minutes.

These innovations are being showcased at the Gartner Security & Risk Management Summit, June 1–3, 2026 at the Tanium booth #309. To see how Tanium can strengthen IT operations and security posture, visit www.tanium.com/see-a-demo.

The company is recognized as a Leader in the inaugural 2026 Gartner® Magic Quadrant™ for Endpoint Management Tools and as a Leader in the IDC MarketScape: Worldwide Client Endpoint Management Software for Windows Device Management 2025–2026 Vendor Assessment.

Gartner, Magic Quadrant for Endpoint Management Tools, Tom Cipolla, Lina Al Dana, et al., 5 January 2026

GARTNER and MAGIC QUADRANT are trademarks of Gartner, Inc. and/or its affiliates.

About the Gartner Security & Risk Management Summit

Gartner analysts will present the latest insights for security and risk management leaders at the Gartner Security & Risk Management Summits, taking place March 9-10 in Mumbai, March 16-17 in Sydney, June 1-3 in National Harbor, MD, July 22-24 in Tokyo, August 4-5 in Sao Paulo and September 22-24 in London. Follow news and updates from the conferences on X and LinkedIn using #GartnerSEC.

About Tanium

Tanium is the Autonomous IT company. Driven by AI and real-time endpoint intelligence, Tanium Autonomous IT empowers IT and security teams to make their organizations unstoppable. Tanium Atlas, the company's autonomous operating system, gives a single IT or security operator the data, guidance and reach to accomplish what once required an entire team.

The company is recognized as a Leader in the inaugural 2026 Gartner® Magic Quadrant™ for Endpoint Management Tools and as a Leader in the IDC MarketScape: Worldwide Client Endpoint Management Software for Windows Device Management 2025–2026 Vendor Assessment.

Many of the world’s leading organizations trust Tanium’s single, unified platform for endpoint management and security to innovate faster, stay resilient and move business forward with confidence, at scale.

To learn how Tanium delivers Autonomous IT for unstoppable business – visit www.tanium.com and LinkedIn.

Tanium’s statements and content regarding its plans, directions, and intent are subject to change without notice at Tanium’s sole discretion. Information regarding potential future products or functionality is intended to outline Tanium’s general product direction and it should not be relied on in making a purchasing decision, nor is it incorporated into any contract. It is not a commitment, promise, or legal obligation. The development, release, and timing of any future products or functionality remain at Tanium’s sole discretion.

On June 02, 2026, Gartner Inc (IT) shares fell 5.0% today, bringing the current price to $170.62. The stock has experienced significant volatility, trading with

Gartner, Inc. (IT) Presents at 2026 Baird Global Consumer, Technology & Services Conference Transcript

Key Takeaways IT is benefiting from its data-driven insights, broad services and low customer concentration.IT is enhancing AskGartner and expanding its AI tools to provide faster access to business insights.Gartner repurchased $2B of shares in 2025 following substantial repurchases in prior years. Shares of Gartner (IT - Free Report) have had a decent run over the past month. The stock has risen 9.1% against the industry's 3% decline. The Zacks S&P 500 composite has gained 1.6% during the said time frame.

Image Source: Zacks Investment Research

IT has a Growth Score of B. This style score condenses key financial metrics to reflect a fair sense of the quality and sustainability of its growth.

The company’s second-quarter 2026 earnings are expected to increase 7.1% year over year. Earnings for 2026 and 2027 are projected to rise 4.1% and 15.5%, respectively, year over year.

Factors That Bode Well for ITGartner is benefiting from its wide range of products and services, especially data-driven insights, with low customer concentration, which reduces operating risks and gives it a competitive advantage over rivals.

The company’s business model utilizes the depth and breadth of intellectual capital to create and distribute research content. This content includes published reports, interactive tools, briefings, consulting, advisory services and conferences. This rich domain expertise and technology-related insight help clients make informed decisions.

Gartner continues to improve its digital platforms through innovations, such as its AI-powered AskGartner, which provides faster access to business and technology insights and generates in-depth summaries from its Business-as-a-Service library. The company is also improving its platforms to allow users to download PowerPoint presentations generated directly from their queries.

The company consistently generates shareholder value through share buybacks. It repurchased shares worth $1 billion, $600 million, $700 million and $2 billion in 2022, 2023, 2024 and 2025, respectively. These repurchases indicate the company’s confidence in its business and make the stock attractive to investors.

Key Risks to WatchA significant portion of the company's operations is international, exposing it to foreign exchange-related risks. Fluctuations in the value of the U.S. dollar relative to foreign currencies such as the British pound, euro, Canadian dollar, Australian dollar and Japanese yen could impact the company's financial results.

Gartner's current ratio (a measure of liquidity) at the end of the first quarter of 2025 was 0.94, lower than the industry average of 1.15. A current ratio of less than 1 implies that the company might face trouble in covering its short-term obligations. 

IT’s Zacks Rank & Stocks to ConsiderGartner carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

A couple of better-ranked stocks in the Business Services sector are Trane Technologies plc (TT - Free Report) and TransUnion (TRU - Free Report) .

Trane Technologies carries a Zacks Rank #2 (Buy) at present. It has a long-term earnings growth expectation of 14.6%.

TT delivered a trailing four-quarter earnings surprise of 2.7%, on average.

TransUnion also holds a Zacks Rank of 2 at present. It has a long-term earnings growth expectation of 13.5%.

TRU beat earnings estimates in each of the last four quarters, with an average surprise of 6.3%.

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Analysts Explore How CMOs Can Adapt Media Strategy for Fragmented Attention and AI-Driven Content Skepticism during Gartner Marketing Symposium/Xpo in Denver

DENVER--(BUSINESS WIRE)--Forty-nine percent of U.S. consumers agree that GenAI has made the quality of content available worse, according to a survey by Gartner, Inc., a business and technology insights company. Among younger consumers, including Gen Z and millennials, 57% agree that GenAI has made content quality worse.

A Gartner survey of 307 U.S. consumers conducted in March 2026 found that AI is contributing to a more skeptical media environment, raising the stakes for brands to create recognizable, credible and high-quality content.

The findings were presented today during Gartner Marketing Symposium/Xpo, taking place here this week.

“AI-generated content is increasing the volume of media that consumers encounter, but not necessarily the value,” said Kate Muhl, VP Analyst in the Gartner Marketing practice. “In a more skeptical media environment, brands need to be more recognizable, more credible and more intentional about the contexts in which they appear.”

Consumer Attention Is Fragmented Across Media Environments

The survey also found that 59% of U.S. consumers prefer to do several media or technology activities at the same time, such as watching TV, using the internet or texting on a phone, rather than focusing on one activity at a time.

“Consumer screen time may be abundant, but consumer attention is not,” said Muhl. “For marketers, the goal is no longer simply to buy reach or chase impressions. Media strategy must compete for scarce attention and create brand meaning quickly enough to survive fragmented, fast-moving environments.”

AI Is Changing How Consumers Build Searches

A Gartner survey of 328 U.S. consumers conducted in February 2026 found that AI is beginning to change how consumers build searches for products and services. Twenty percent of U.S. consumers say their search inputs are more specific because of AI, 19% phrase search inputs as questions more frequently, 17% rely on AI summaries to get information for products or services they are looking for, and 16% use AI chatbots to search for new products or services to buy.

“AI is changing the way consumers connect with content and where consumer attention lives,” said Muhl. “CMOs should not treat AI as a replacement for media fundamentals. The brands that win will be those that understand where attention is gathering, how trust is being formed and what kinds of experiences consumers want to remember.”

Additional Insights Available

Gartner clients can read more in the report “What CMOs Must Know About Consumers in 2026.”

Gartner is the World Authority on AI

Gartner is an indispensable partner to C-Level executives and technology providers as they implement AI strategies to achieve their mission-critical priorities. The independence and objectivity of Gartner insights provide clients with the confidence to make informed decisions and unlock the full potential of AI. Clients across the C-Level are using Gartner's proprietary AskGartner AI tool to determine how to leverage AI in their business. With more than 2,500 business and technology experts, 6,000 written insights, as well as more than 4,000 AI use cases and case studies, Gartner is the world authority on AI. More information can be found here.

About Gartner Marketing Symposium/Xpo

Gartner Marketing Symposium/Xpo is taking place June 8-10 in Denver, providing marketing leaders with actionable advice about the trends, tools and emerging technologies they need to deliver business results in an AI-driven world. Gartner analysts address the biggest opportunities, challenges and priorities marketers face today, including CMO leadership, marketing strategy and customer engagement. Follow news and updates coming out of the conference on the Gartner Newsroom and on X and LinkedIn using #GartnerMKTG.

About Gartner for Marketers

Gartner for Marketers provides the objective, expert advice, and proven tools that CMOs and other marketing leaders need to seize the right opportunities with clarity and confidence, and to stay ahead of the trends that matter. With in-depth research and analysis, Gartner for Marketers helps you focus on the opportunities with the greatest potential to deliver results. More information on Gartner for Marketers is available online at www.gartner.com/marketing. Follow news and updates from the Gartner Marketing practice on X and LinkedIn using #GartnerMKTG. Members of the media can find additional information and insights in the Gartner Marketing Newsroom.

About Gartner

Gartner (NYSE: IT) delivers actionable, objective business and technology insights that drive smarter decisions and stronger performance on an organization's mission-critical priorities. To learn more visit gartner.com.

More News From Gartner, Inc.

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Analysts Explore How Brand Measurement Can Help CMOs Prove Brand’s Impact on Enterprise Growth during Gartner Marketing Symposium/Xpo in Denver

DENVER--(BUSINESS WIRE)--Eighty-four percent of companies are stuck in a “brand doom loop” that prevents marketing leaders from proving brand’s impact on enterprise growth, according to a survey by Gartner, Inc., a business and technology insights company.

A Gartner survey of 426 senior marketing leaders conducted from September through October 2025 found that the brand doom loop occurs when companies underinvest in brand measurement, lack confidence in the results and consequently attract even less funding.

Gartner analysts presented the findings during Gartner Marketing Symposium/Xpo, which took place here this week.

“Brand has long been treated as a communications asset, but it is actually a growth engine,” said Julie Reeves, VP Analyst in the Gartner Marketing practice. “The challenge is that most organizations lack the measurement discipline and executive narrative needed to connect brand health to business performance. This creates a cycle where brand is undermeasured, underfunded and undervalued.”

Gartner predicts that by 2028, over 80% of companies will make significant changes to their company’s identity, such as mission, brand and culture, to keep pace with the impact of AI on markets. As AI accelerates commoditization and fuels disinformation, brand is one of the few remaining levers companies can use to claim a distinctive and trustworthy position in their markets.

“In an AI-driven market, brand clarity becomes even more critical,” said Reeves. “CMOs have an opportunity to help their organizations define what makes them distinctive, trusted and relevant as customer expectations and competitive dynamics shift.”

Brand Strategy Remains an Underused Growth Lever

Brand strategy has a measurable impact beyond marketing. Companies with a strong brand strategy are 2x more likely to exceed their growth goals, underscoring brand’s role as a driver of enterprise performance.

C-suite executives appear open to elevating brand’s strategic role: More than 50% want their CMO to clarify the relationship between brand and business strategy, and 43% want a clear, simple story about brand health and business performance.

“CMOs need to move beyond tracking brand metrics in isolation,” said Reeves. “They must show how brand influences enterprise priorities, such as revenue, profit, customer experience, innovation and market expansion. When brand measurement becomes a dashboard for growth decisions, CMOs are better positioned to earn executive confidence and investment.”

CMOs looking to escape the brand doom loop should establish regular brand health measurement, connect brand metrics to business outcomes and build a clear executive story that explains how brand contributes to growth.

Additional Insights Available

Gartner clients can read more in the report “Strengthen Your Brand Strategy to Boost Enterprise Growth.”

Gartner is the World Authority on AI

Gartner is an indispensable partner to C-Level executives and technology providers as they implement AI strategies to achieve their mission-critical priorities. The independence and objectivity of Gartner insights provide clients with the confidence to make informed decisions and unlock the full potential of AI. Clients across the C-Level are using Gartner's proprietary AskGartner AI tool to determine how to leverage AI in their business. With more than 2,500 business and technology experts, 6,000 written insights, as well as more than 4,000 AI use cases and case studies, Gartner is the world authority on AI. More information can be found here.

About Gartner Marketing Symposium/Xpo

Gartner Marketing Symposium/Xpo is taking place June 8-10 in Denver, providing marketing leaders with actionable advice about the trends, tools and emerging technologies they need to deliver business results in an AI-driven world. Gartner analysts address the biggest opportunities, challenges and priorities marketers face today, including CMO leadership, marketing strategy and customer engagement. Follow news and updates coming out of the conference on the Gartner Newsroom and on X and LinkedIn using #GartnerMKTG.

About Gartner for Marketers

Gartner for Marketers provides the objective, expert advice, and proven tools that CMOs and other marketing leaders need to seize the right opportunities with clarity and confidence, and to stay ahead of the trends that matter. With in-depth research and analysis, Gartner for Marketers helps you focus on the opportunities with the greatest potential to deliver results. More information on Gartner for Marketers is available online at www.gartner.com/marketing. Follow news and updates from the Gartner Marketing practice on X and LinkedIn using #GartnerMKTG. Members of the media can find additional information and insights in the Gartner Marketing Newsroom.

About Gartner

Gartner (NYSE: IT) delivers actionable, objective business and technology insights that drive smarter decisions and stronger performance on an organization's mission-critical priorities. To learn more visit gartner.com.

More News From Gartner, Inc.

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Comcast (CMCSA +1.50%), a global media and technology company offering broadband, video, and streaming services, closed Thursday at $23.33, down 0.81%. The stock was largely flat after announcing plans for an $8 billion Universal theme park in the United Kingdom. Investors are watching how these commitments balance future growth against leverage and shareholder returns. Trading volume reached 44.6 million shares, about 35% above its three-month average of 33 million shares. Comcast IPO'd in 1980 and has grown 23,816% since going public.

How the markets moved todayThe S&P 500 added 0.41% to finish Thursday at 7,585, while the Nasdaq Composite slipped 0.09% to close at 26,831. Within integrated telecommunication services, industry peers were mixed, as Charter Communications closed at $129.05 (+0.03%) and Verizon Communications ended at $44.87 (-3.82%).

What this means for investorsComcast announced it would be building Universal’s first European resort in the U.K., committing over $8 billion in funding to complete the project and operate it over the next decade. The company believes the theme park will generate over $60 billion in economic activity for the community through 2055.

Theme parks have been a profitable bright spot for Comcast stock -- which is down 22% in 2026 -- so this investment should prove to be a positive for the company over the long haul. That said, Comcast holds roughly $95 billion in net debt versus a market cap of $83 billion, so the stock would really love to see the park become a quick success story.

Josh Kohn-Lindquist has no position in any of the stocks mentioned. The Motley Fool recommends Comcast and Verizon Communications. The Motley Fool has a disclosure policy.

In this episode of Motley Fool Hidden Gems Investing, Motley Fool retirement expert Robert Brokamp looks at some investing rules of thumb that may be overly cautious, causing you to work longer than necessary. He also discusses:

A study that finds that financial mistakes can be a predictor of dementiaSaving more for retirement not only boosts your portfolio but lowers the amount you need to have saved before you retire because you learn to live on less.The father of the so-called “4% rule,” who says it’s 5.5% for someone retiring today.Money management tools that not only track your spending but help you plan for retirement.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. When you're ready to invest, check out this top 10 list of stocks to buy.

A full transcript is below.

This podcast was recorded on May 30, 2026.

Robert Brokamp: Is your retirement plan too safe? And how financial mistakes could be a sign of cognitive decline. That and more on this Saturday Personal Finance Edition of The Motley Fool Hidden Gems Investing Podcast. I'm Robert Brokamp, and for today's main segment, I'm going to discuss a few assumptions about retirement planning that might be too cautious.

But first some recent headlines that caught my eye, I'll start with a segment from NPR's Planet Money with the title, How your bank account might predict dementia. It started with the story of Sandra Baliban, who hadn't been in close contact with her father for a while. When she visited him, his house was a mess, and amidst the clutter were credit card statements showing purchases of scammy-seeming health products and online subscriptions. Her father couldn't explain them. He had also lost the $1-$2 million he had in his retirement accounts. When Sandra reviewed his brokerage statements, they didn't make sense. She described them as an extremely erratic pattern of investments. He also hadn't paid his taxes in years. The segment then brought in Lauren Nicholas, who is a professor of geriatrics at the University of Colorado, and she contributed to a study, which found that wealth begins to decline about six years before a dementia diagnosis due to impaired financial decision-making. As Nicholas said in the interview, "Dementia is one of the diseases where you lose a lot of cognitive capabilities over time, that are unfortunately closely tied to our ability to manage our own money. We actually see some of the earliest signs show up in financial portfolios and checkbooks."

On last week's show, we talked about estate planning with Attorney Jill Mastroianni, the host of the Death Readiness Podcast. But as we discussed, estate planning isn't just about death. It's also the planning and legal documents you need when you or someone you love is no longer able to handle their own affairs. If you have older relatives, discuss with them in a very loving, gentle way what's their plan for if and when they're no longer able to take care of themselves financially or otherwise. They look for signs of money-related mistakes that could be an indication of cognitive decline, things like new spending patterns, bills and taxes not getting paid or being doubly paid, calls or letters from companies or charities you've never heard of, evidence of falling for get-rich-quick scams, declining credit score, even basic math mistakes. If you're getting up there in years, have a plan for how your family will be able to step in and protect you and your financial legacy.

Next up, CNBC recently highlighted an article by Fran Walsh, who is the co-founder of Opulus, a fee-only financial planning firm in Pennsylvania. The article highlighted how saving more for retirement can move up your retirement date in an underappreciated way. Of course, saving more will accelerate the growth of your portfolio. That's obvious. But to save more, you have to spend less. When you learn to live on less, you've lowered the cost of your retirement because you won't need as much income each year. Here's an illustration from Walsh's article, Let's say you have two households, both of which are 35-years-old, earn $250,000 a year, and their portfolios grow 8% annually. Household A saves 10% a year or $25,000 and spends $225,000. Household B saves 30% or $75,000 and lives on $175,000. As a quick back-of-the-envelope, ask about how much they need to retire. Walsh uses the rule of thumb that multiplies annual income needs by 25, because that’s the inverse of the old 4% rule for how much you can withdraw from your portfolio in retirement. According to this math, household A needs $5.6 million to retire, whereas household B needs $4.3 million. Household B is saving much more for a smaller goal and will be able to retire at age 57. Household A, on the other hand, won't be able to retire until age 73.

To me, this is the real magic of the FIRE movement. FIRE, standing for financial independence retire early. These are people who have cut their spending significantly in order to save 30-50% or more of their incomes and retire well before their 60s. I know that many people may not be comfortable with the sacrifices these FIRE folks make, but I also believe that many Americans can cut their spending without a huge drop off in satisfaction, especially if it means they can retire sooner. Now I will point out that the rule of 25 usually overstates how much someone needs before they can retire for a couple of reasons. First, it doesn't factor in Social Security. The second reason brings us to the number of the week, which is 5.5%. That’s how much a retiree could withdraw in their first year of a 30-year retirement, according to Bill Bengen, the father of the original 4% rule. He came up with that rule back in 1994, but it's gradually ratcheted up over the years, including in a book published last year. As he explained when he was a guest on this show in August, 4.7% is the historical worst-case scenario. As he said on the show and has repeated in more recent interviews and LinkedIn posts, he'd recommend 5.5% based on today's market valuations and inflation levels. Instead of needing 25 times your annual retirement needs, you may need just 18.2 times that amount. Again, that doesn't factor in Social Security, so most people retiring around their mid-60s won't need nearly that much. Such overly conservative assumptions could result in people working longer than they needed to or spending less in retirement than they could, which is our next topic of conversation, when Motley Fool Hidden Gems Investing continues.

Determining when you can retire and how much you can spend in retirement requires a tool that can do the math, factoring in several important variables and assumptions. One key assumption is how long you'll live, since that will dictate how long you need your money to last. Most retirement experts recommend that you plan to live until your 90s, with 95 being the most common age. As I hinted at in the previous segment, most of the research about safe withdrawal rates in retirement assumes a 30-year retirement, so someone who retires at age 65 will live to 95. It's a prudent assumption. There's just one problem: You probably won't live that long. Using the longevity Illustrator from the Society of Actuaries, I calculated the odds that members of a 65-year-old, married, retired, heterosexual couple will live to age 95 based on their health status and assuming they don't smoke. For a female in poor health, she has a 13% chance of making it to 95, average health 22%, excellent health, 30%. For a male in poor health, it's 7% chance of making it to 95, average health, 14%, excellent health 21%. Now with married couples, it actually increases the odds that at least one of them will make it to an older age. If both spouses are in poor health, there's a 19% chance that one of them will make it to 95, average health 32%, excellent health 44%. Those are not high probabilities. But for those in excellent health, the odds that at least one spouse will live to 95 is close to a coin flip, so using age 95 in retirement calculations could be reasonable.

But how many older Americans are actually in excellent health? Not many, according to a report from Health Youth Services that questioned whether people should plan to live to age 95. According to the report, 95% of retirees in their 60s or older have at least one chronic health condition that will reduce their life expectancy. The reduction will depend on the condition, so ranging 1-2 years in the case of high blood pressure, to five years in the case of obesity, to 6-8 years if someone has cancer. When you input a life expectancy of 95 into a retirement calculator, the result will be that you have to work longer and/or spend less in retirement than if you assumed a shorter lifespan. Which life expectancy should you choose? I think it's helpful to think through a range of possible scenarios and ask yourself how they make you feel. What would be your plan B if things don't turn out as well as you hope?

Let's just consider two scenarios. As I go through them, think about which you'd prefer. Scenario 1, you plan to live to 95 and you spend accordingly in retirement. This may mean you have to work a bit longer. It also limits the lifestyle you can enjoy in retirement, the trips you can take, the amount you can dine out, the adventures you can have. You actually end up dying at age 82 and leave a large bequest to your heirs. To some degree, that inheritance represents all the experiences you could have had but didn't because you played it safe. Now, here’s scenario 2: you plan to live to age 85, and that’s the life expectancy of a 65-year-old woman in average health. This allows you to retire sooner and spend more in retirement; you travel, you dine out, you enjoy all the adventures you envision for your retirement while still in good enough health and shape to do them. However, because you end up living to age 93 and have spent a good deal of your life savings, your last several years are pretty lean. You're living mostly on Social Security, maybe a little bit of savings, maybe a reverse mortgage on your home. There's not much of a cushion to pay for long-term care expenses, and the bequest that your heirs eventually get is pretty modest.

The degree to which those two scenarios seem more or less appealing to you comes down to your risk tolerance for the possibility of outliving your money. Type of researcher Moshe Malewski calls this your longevity risk aversion, which he defined as "Different people might have different attitudes towards the fear of living longer than anticipated and possibly depleting their financial resources. Some might respond to this economic risk by spending less early on in retirement, where others might be willing to take their chances and enjoy a higher standard of living while they're still able to do so." In a recent article on advisorperspectives.com, William Bernstein and Edward McQuarrie explain it as the fear of being the richest person in the graveyard, RPIG versus the fear of running out or FORO.

They propose that it could be quantified, calling it Omega, which, of course, is the last letter of the Greek alphabet, and it scales between zero and one. Someone with a lower number fears leaving money unspent, whereas someone with a higher number worries about depleting their savings. I think it's best explained by a couple of paragraphs, and their article, "Omega determines the spending path that optimizes utility during retirement." I'll just add to here that utility is the economic turn for satisfaction and pleasure and things like that. "Low Omega retirees who perceive themselves to have enough money spent freely, especially today, right now. The low Omega retiree does seek to steal the title of Bill Perkins best seller, to Die With Zero. The higher Omega retiree, on the other hand, fears that vengeful market gods or personal misfortune might send them spiraling down a white-knuckle toboggan ride towards cat food and worse. The calendar always reads 1929. Dying with zero is a guess and a hope, a wish, not a plan. At high Omega, today's spending matters less than money kept in hand. Utility flows from having surplus funds that will never be spent."

As you hear all that, what's your Omega? You're likely somewhere in between the two extremes. You want to enjoy the retirement that you worked decades for, but you also don't want to spend your last years pinching pennies and perhaps becoming a burden to your family. Finding that balance starts first with determining how much you'll spend in retirement and how much it'll change over the course of your retirement, and this is an important point. Most retirement calculators, most financial planners, and most of the research on safe withdrawal rates in retirement all assume that a retiree’s expenses go up every year along with inflation. But the evidence is clear that this isn't what happens for most retirees. Their highest spending years tend to be the first decade, and they're not spending nearly as much once they reach their late 70s and 80s, in many cases, because their health prevents them from doing too much. This is another way that many retirement plans are likely playing it too safe, and why low Omega retirees, those willing to spend money while they can, may be onto something.

It's also important to distinguish between essential and discretionary expenses so that you know the bare minimum income you need each year in retirement and how much you can cut back during bear markets. Being willing to pay back withdrawals after your portfolio has lost value adds another half percent to 1% to the initial safe withdrawal rate in the first year of retirement. Under the category of discretionary expenses, have what you call your adventure fund. That's the amount that pays for the trips, excursions, the fun times. It can be adjusted year by year, depending on your portfolio’s performance, unexpected non-fund expenses, and other factors. This makes these expenses more intentional and puts them in the context of your overall plan. Here's another suggestion. Create a reserve fund worth, I don't know, 10% or so of your portfolio when you retire. It's an emergency fund to be left alone unless your other savings run too low. It could also be used later in life to pay for long-term care. With such a fund, you'll feel more comfortable enjoying the other 90% of your savings.

Finally, as stated at the beginning of this segment, using a tool is the best way to quantify the consequences and trade-offs of your choices. You'll find plenty of free tools on the Internet, my favorite being the CalcXML retirement planning module, but I also think it's worth the money to pay for access to a more sophisticated tool, some of the most popular being MaxiFi, Projection Lab, and Boldin, and I'll once again disclose that Motley Fool Ventures, a sister company of The Motley Fool has an investment in Boldin. With such a tool, you'll be able to incorporate your own longevity risk aversion and spending assumptions and see how they affect when and how you can retire. It's time to get it done, Fools, and next week will be our next installment of our 2026 financial planning challenge. As you may recall, we began the year recommending that you find a way to track your spending and net worth, perhaps using a tool such as Monarch Money, Quicken, Empower, Tiller, YNAB, or just spreadsheets. Knowing that information will be crucial in determining how much your expenses will be in retirement, which is a key variable when using a retirement calculator. Also, some of these tools actually have retirement calculators built into them. Come up with a way to monitor your finances if you haven't done so already. If you're already on board, dig around the services used to see if they offer any retirement planning tools. And while you're in there, see if there's one expense you can reduce or eliminate and immediately have that money automatically sent to your IRA or 401(k), and that my Foolish friends, is the show.

Thanks for spending part of your weekend with us, and thanks to Bart Shannon, the engineer for this episode. My goodness, what a talented guy he is. As always, people on the program may have interest in the investments they talk about, and The Motley Fool may have formal recommendations for or against; don't buy or sell investments based solely on what you hear. All personal finance content follows Motley Fool editorial standards and is not approved by advertisers. Advertisements are sponsored content and provided for informational purposes only. To see our full advertising disclosure, please check out our show notes. I'm Robert Brokamp. Fool on, everybody.

ST. PAUL, Minn.--(BUSINESS WIRE)--Comcast is connecting more than 5,500 new homes and businesses in two Wisconsin counties – Manitowoc and St. Croix – to multi-gigabit, symmetrical Internet from America’s smartest and most reliable converged network. Once complete, Comcast’s Xfinity will bring Internet, mobile, entertainment, and smart home services into one simple, seamless solution – giving customers more speed, savings, and control over their connected lives. These Wisconsin communities will join 65 million homes and businesses nationwide with access to a network that fuels innovation, productivity, and everyday connection.

“Comcast’s investment in Wisconsin reflects our commitment to bringing world-class connectivity to communities that need it most,” said Kalyn Hove, Regional Senior Vice President, Comcast Midwest. “By expanding our network across Manitowoc and St. Croix counties, we will be helping more families and businesses access the high-speed, reliable Internet they need to work, learn, and operate in today’s digital economy. And by combining that with Xfinity Mobile, we will be delivering a more connected experience overall – one that keeps people seamlessly connected at home and on the go.”

Construction is underway across both counties and the network expansion project will span nearly 300 miles. First customers are anticipated to become serviceable by the end of 2026, with construction expected to be completed by the end of 2027.

In Manitowoc County, communities included in the network expansion are Cato Township, Centerville Township, Liberty Township, Manitowoc Rapids Township, Manitowoc Township, Meeme Township, and Newton Township, where construction will focus on select underserved areas within each community.

In St. Croix County, Comcast will fully build out the communities of Baldwin and Woodville, while also expanding service to select underserved areas of Hudson Township, Somerset Township, and St. Joseph Township.

Residents in the Manitowoc area interested in learning more can visit the Xfinity store at 1614 Washington St., Manitowoc, WI, 54220. Residents in St. Croix County are encouraged to visit Xfinity stores in Woodbury or Stillwater, Minnesota. Residents can also visit Xfinity.com/MyTown and enter their address for construction timelines and service availability updates.

Xfinity Will Bring Full Suite of Residential Services to New Communities
Comcast will bring its full suite of residential Xfinity services to more than 5,500 new residents in Manitowoc and St. Croix counties, including high-speed Internet, streaming, mobile, voice, and home security – delivering reliable, connected experiences for today’s consumers at home or on the go.

Xfinity Internet: Speed, Reliability, and Coverage. With multi-gig speeds, 99.9% reliability, and powerful WiFi that reaches every corner of the home, Xfinity powers streaming, gaming, and video calls – simply and seamlessly. Xfinity Mobile: Most Reliable Network. Fraction of the Cost. Xfinity Mobile delivers reliable, lightning-fast speeds – up to 1 Gig – at home and on the go. Xfinity TV: All Entertainment. One Powerful Platform. Xfinity brings together live TV, streaming, sports, and on-demand content in one easy-to-use experience. With the award-winning Xfinity Voice Remote, finding a show, channel, or game is fast, easy, and frustration-free. Xfinity Home: Smart Security Made Simple. Xfinity Home combines advanced security and smart home automation in one easy-to-use platform. With flexible options for self or professional monitoring, it delivers peace of mind and control. Comcast Business Will Bring Technology Solutions for Businesses of Any Size
Comcast Business will deliver powerful, secure, and always-on connectivity tailored to meet the needs of businesses—whether small startups or growing enterprises. With fast, reliable Internet and advanced networking solutions like SD-WAN, cloud connectivity, and unified communications, Comcast Business helps organizations stay connected, protected, and ready to scale.

For businesses on the move, Comcast Business Mobile offers fast, dependable 5G, flexible data plans, and access to over 23 million WiFi hotspots nationwide. With features like 4K streaming, advanced spam call blocking, and twice-a-year phone upgrades, it’s a mobile solution designed to keep teams productive – wherever business takes them.

What It Means for Manitowoc and St. Croix Counties
Comcast’s commitment to communities goes beyond building the network and aims to increase economic mobility for the local community and its residents. That’s why Comcast created Internet Essentials, a broadband adoption program that offers eligible households low-cost, high-speed Internet and affordable computers.

About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.

Comcast (CMCSA) and Fox (FOXA) are entering the FIFA World Cup with a bigger sports-media opportunity than the tournament offered four years ago. The event is r

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PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation will host a conference call with the financial community to discuss financial results for the second quarter on Thursday, July 23, 2026, at 8:30 a.m. Eastern Time (ET). Comcast will issue a press release reporting its results earlier that morning.

The conference call will be broadcast live on Comcast’s Investor Relations website at www.cmcsa.com. A replay of the call will be available starting at 11:30 a.m. ET on Thursday, July 23, 2026, on the Investor Relations website.

To automatically receive Comcast financial news by email, please visit our Investor Relations website and subscribe to Email Alerts.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.

More News From Comcast Corporation

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Comcast Corporation will host a conference call with the financial community to discuss financial results for the second quarter on Thursday, July 23, 2026, at

Comcast Business, the nation's largest provider of connectivity to small businesses, today announced the nationwide availability of SecurityEdge™ Preferred,

Versant Media Group is a Comcast spin-off trading at a deep value, with resilient cash flow from live news, sports, and digital assets. Despite linear TV decline, VSNT's diversified revenue streams—including Fandango, GolfNow, and content licensing—support a stable free cash flow profile. Capital returns are underway: $100M buybacks completed, another $100M authorized, and a $1.50 annualized dividend, enhancing per-share value.

Comcast (CMCSA - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Over the past month, shares of this cable provider have returned -4.8%, compared to the Zacks S&P 500 composite's -0.2% change. During this period, the Zacks Cable Television industry, which Comcast falls in, has lost 4.8%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Comcast is expected to post earnings of $0.98 per share for the current quarter, representing a year-over-year change of -21.6%. Over the last 30 days, the Zacks Consensus Estimate has changed -1.8%.

The consensus earnings estimate of $3.53 for the current fiscal year indicates a year-over-year change of -18.1%. This estimate has changed -1.3% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $3.79 indicates a change of +7.3% from what Comcast is expected to report a year ago. Over the past month, the estimate has changed -0.8%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Comcast.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of Comcast, the consensus sales estimate of $29.32 billion for the current quarter points to a year-over-year change of -3.3%. The $122.01 billion and $120.22 billion estimates for the current and next fiscal years indicate changes of -1.4% and -1.5%, respectively.

Last Reported Results and Surprise HistoryComcast reported revenues of $31.46 billion in the last reported quarter, representing a year-over-year change of +5.3%. EPS of $0.79 for the same period compares with $1.09 a year ago.

Compared to the Zacks Consensus Estimate of $30.6 billion, the reported revenues represent a surprise of +2.8%. The EPS surprise was +8.22%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Comcast is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Comcast. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

, /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS), today announced it is partnering with J.P. Morgan to provide access to the Cohen & Steers SICAV Short Duration Hybrid Credit & Income Fund for investors outside the United States across J.P. Morgan's global wealth management platform, offering their clients a cash alternative.

The Cohen & Steers SICAV Short Duration Hybrid Credit & Income Fund seeks to provide investors with high current income as the primary objective, and capital preservation as a secondary objective, through investments in global hybrid credit securities, while targeting a weighted average duration of less than three years. Hybrid credit securities offer investment opportunities with higher yields than similarly rated bonds. By targeting low duration securities, the Fund seeks to reduce portfolio interest-rate sensitivity.

Elaine Zaharis‑Nikas, Head of Fixed Income & Preferred Securities at Cohen & Steers, said: "Hybrid credit continues to stand out as a compelling source of high‑quality income, particularly for investors seeking resilience in a shifting rate environment. Our short‑duration approach is designed to help investors harvest attractive yields while mitigating interest‑rate sensitivity, and we are excited to bring this capability to more investors through our partnership with J.P. Morgan."

David Conway, Head of International Wholesale Distribution at Cohen & Steers, said:
"We are pleased to partner with one of the world's largest and most highly regarded banks and asset management organizations. As pioneers in hybrid credit strategies, today's announcement highlights the broader industry shift towards greater diversification within fixed income portfolio allocations."

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.

This is a marketing communication. Please refer to the prospectus of the Cohen & Steers SICAV and to the relevant KIID/KID before making any final investment decisions. These documents are available free of charge on the Cohen & Steers website.

About Cohen & Steers SICAV Funds. The Funds are sub-funds of Cohen & Steers SICAV, a Luxembourg-domiciled undertaking for collective investment in transferrable securities (UCITS). Shares of the Funds are only offered pursuant to the current prospectus and the sales of shares of the Funds may be restricted in certain jurisdictions. The Funds have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or under any applicable securities laws of any state or other jurisdiction of the United States. The Funds are not registered under the U.S. Investment Company Act of 1940. Shares may not be offered or sold, directly or indirectly in the United States or to U.S. persons, as more fully described in the Funds' prospectus. This document does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States. Please see the prospectus for additional information including important risk considerations, potential loss of capital, and details about fees and expenses. Past performance is no guarantee of future results.

Potential Risks: Investment risk including possible loss of entire amount invested. Increased credit risk due to subordination to all other types of corporate debt. Default risk because the issuer experiences a decline in its financial status. Contingent Convertible Securities ("CoCos") are typically subject to greater levels of credit and liquidity risk. Call risk can cause the sub-fund to invest in lower yielding securities. Increases in interest rates may cause process to fall. Foreign security risk due to currency fluctuations, lower liquidity, political and economic uncertainties and differences in accounting standards. Subject to liquidity risk.

Website: https://www.cohenandsteers.com
Symbol:NYSE: CNS

SOURCE Cohen & Steers, Inc.

, /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today announced that Amit Muni has been appointed as Executive Vice President and Chief Financial Officer, effective June 8, 2026. Mr. Muni will lead the firm's financial operations, financial strategy and investor relations. He will join the firm's Executive Committee and report to Joseph Harvey, Chief Executive Officer.

Mr. Muni succeeds Michael Donohue, who has been serving as Interim Chief Financial Officer since October 17, 2025. Mr. Donohue will remain Interim Chief Financial Officer until June 8, 2026, after which time he will continue in his role as Controller.

Joseph Harvey, Chief Executive Officer, said:
"Amit brings more than two decades of leadership across public markets, asset and wealth management, and capital markets, with a strong track record of driving strategic growth, executing M&A and financing initiatives, and engaging with the investor community. His experience will be valuable in advancing our strategy as we continue to expand our global real assets platform, grow in the wealth channel, build our private markets capabilities and deliver long-term value for shareholders.

I also want to recognize and thank Mike Donohue for his dedicated leadership as interim CFO, successfully managing and improving the finance department and helping lead Cohen & Steers through a return to organic growth while implementing growth initiatives."

Mr. Muni joins the firm from CI Financial Corp., where he served as Chief Financial Officer of the $550+ billion AUM Canadian-based wealth and asset management firm. Prior to joining CI Financial Corp. in 2021, he was Chief Financial Officer at WisdomTree, Inc. Mr. Muni's experience also includes senior finance and accounting roles at the International Securities Exchange (ISE), Instinet Group, PricewaterhouseCoopers and National Securities Clearing Corporation.

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.

Website: https://www.cohenandsteers.com
Symbol:NYSE: CNS

Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current views with respect to, among other things, the Company's operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "may," "will," "should," "seeks," "predicts," "intends," "plans," "estimates," "anticipates" or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these forward-looking statements. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.

SOURCE Cohen & Steers, Inc.