MGIC Investment Corporation (MTG) - What Are Analysts Saying About This Stock?

Key Points

• Analyst sentiment is mostly neutral: Eight brokerages rate MGIC Investment “Hold” on average, with a consensus 12-month price target of $31.
• Quarterly earnings topped expectations: MGIC reported EPS of $0.85 versus the $0.81 consensus, and revenue slightly exceeded forecasts, though it declined 1.8% year over year.
• The company declared a quarterly dividend of $0.17 per share, equivalent to a 2.4% annualized yield. Revenue pressure and rising losses and delinquencies remain concerns.

Shares of MGIC Investment Corporation (NYSE:MTG - Get Free Report) have been given an average rating of "Hold" by the eight brokerages that are presently covering the firm, MarketBeat reports. Six analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $31.00.

A number of brokerages recently issued reports on MTG. Weiss Ratings upgraded shares of MGIC Investment from a "buy (b+)" rating to a "buy (a-)" rating in a research note on Wednesday, August 19th. Keefe, Bruyette & Woods lifted their target price on MGIC Investment from $29.00 to $30.00 and gave the stock a "market perform" rating in a report on Friday, July 31st. BTIG Research assumed coverage on MGIC Investment in a research note on Tuesday, September 22nd. They issued a "hold" rating for the company. Roth Capital reaffirmed a "buy" rating and set a $35.00 price target on shares of MGIC Investment in a report on Thursday, July 30th. Finally, Zacks Research cut MGIC Investment from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 19th.

MGIC Investment Stock Down 2.5%

Shares of MGIC Investment stock traded down $0.74 during midday trading on Friday, hitting $28.61. The company had a trading volume of 2,884,503 shares, compared to its average volume of 2,249,401. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market capitalization of $5.87 billion, a P/E ratio of 8.89, a P/E/G ratio of 1.03 and a beta of 0.64. The company has a 50 day moving average of $28.81 and a 200 day moving average of $27.82. MGIC Investment has a 52-week low of $24.69 and a 52-week high of $31.89.

MGIC Investment (NYSE:MTG - Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The insurance provider reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.04. MGIC Investment had a return on equity of 13.90% and a net margin of 59.20%. The business had revenue of $299.08 million during the quarter, compared to analysts' expectations of $298.66 million. During the same quarter in the previous year, the business earned $0.83 earnings per share. The firm's quarterly revenue was down 1.8% compared to the same quarter last year. On average, equities analysts predict that MGIC Investment will post 3.22 earnings per share for the current fiscal year.

MGIC Investment Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 23rd. Stockholders of record on Thursday, November 12th will be paid a $0.17 dividend. The ex-dividend date is Thursday, November 12th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.4%. MGIC Investment's payout ratio is currently 21.12%.

Insider Buying and Selling

In other MGIC Investment news, CEO Timothy Mattke sold 137,114 shares of the business's stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $26.23, for a total transaction of $3,596,500.22. Following the completion of the sale, the chief executive officer directly owned 843,778 shares in the company, valued at approximately $22,132,296.94. The trade was a 13.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Salvatore Miosi sold 30,000 shares of the business's stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $26.06, for a total transaction of $781,800.00. Following the sale, the chief operating officer owned 440,951 shares of the company's stock, valued at approximately $11,491,183.06. This represents a 6.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 197,114 shares of company stock valued at $5,300,200 over the last quarter. Company insiders own 1.34% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. bought a new position in MGIC Investment in the 2nd quarter worth $618,467,000. Caisse de depot et placement du Quebec purchased a new position in shares of MGIC Investment in the second quarter valued at about $98,074,000. NewEdge Wealth LLC bought a new position in shares of MGIC Investment in the second quarter worth about $71,375,000. Bank of New York Mellon Corp bought a new position in shares of MGIC Investment in the second quarter worth about $51,059,000. Finally, Bank of America Corp DE bought a new position in shares of MGIC Investment in the second quarter worth about $44,658,000. 95.58% of the stock is owned by hedge funds and other institutional investors.

MGIC Investment News Summary

Here are the key news stories impacting MGIC Investment this week:

• Positive Sentiment: MGIC reported third-quarter adjusted earnings of $0.85 per share, ahead of the roughly $0.81 consensus, with revenue slightly above estimates. Insurance-in-force growth and expense discipline helped offset pressure elsewhere. MTG Q3 Earnings Beat on Lower Expenses, Revenues Fall Y/Y
• Positive Sentiment: Management indicated operating expenses could come in slightly below its $190 million–$200 million range and extended quota-share reinsurance through 2029, supporting cost control and risk management. MGIC signals lower operating expenses and extends quota-share reinsurance
• Neutral Sentiment: Barclays raised its price target from $29 to $30 but kept an “equal weight” rating, indicating limited conviction in near-term outperformance. Barclays stock recommendations
• Negative Sentiment: Revenue declined year over year, while rising losses and delinquencies, lower sales, and margin pressure remain concerns that could offset the earnings beat. MTG Q3 2026 deep dive

MGIC Investment Company Profile

MGIC Investment Corporation NYSE: MTG is a holding company whose principal subsidiary is Mortgage Guaranty Insurance Corporation (MGIC), a provider of private mortgage insurance in the United States. MGIC's insurance helps protect mortgage lenders and investors against losses when borrowers default, enabling qualified homebuyers to obtain mortgages with smaller down payments.

MGIC primarily offers primary mortgage insurance for residential loans, working with mortgage lenders, banks and other housing-finance institutions.

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