Brokers Issue Forecasts for MGIC Investment Q2 Earnings

MGIC Investment Co. (NYSE:MTG - Free Report) - Zacks Research raised their Q2 2025 earnings per share (EPS) estimates for shares of MGIC Investment in a research note issued on Monday, May 19th. Zacks Research analyst R. Department now anticipates that the insurance provider will post earnings of $0.68 per share for the quarter, up from their previous estimate of $0.67. The consensus estimate for MGIC Investment's current full-year earnings is $2.71 per share. Zacks Research also issued estimates for MGIC Investment's Q4 2025 earnings at $0.71 EPS, Q2 2026 earnings at $0.77 EPS, Q3 2026 earnings at $0.72 EPS, Q4 2026 earnings at $0.76 EPS, FY2026 earnings at $2.95 EPS and Q1 2027 earnings at $0.93 EPS.

A number of other research analysts also recently weighed in on MTG. Barclays increased their price target on MGIC Investment from $25.00 to $26.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 5th. UBS Group increased their target price on MGIC Investment from $25.00 to $26.00 and gave the company a "neutral" rating in a research note on Wednesday, February 19th. Keefe, Bruyette & Woods lowered their price target on MGIC Investment from $28.00 to $26.00 and set a "market perform" rating for the company in a research note on Tuesday, April 8th. Finally, Compass Point reissued a "neutral" rating and set a $28.00 price objective (up previously from $27.00) on shares of MGIC Investment in a research note on Friday. One analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $26.63.

MGIC Investment Trading Down 0.4%

MTG stock traded down $0.12 during midday trading on Wednesday, reaching $26.02. The company's stock had a trading volume of 1,365,109 shares, compared to its average volume of 1,800,877. The business's 50-day simple moving average is $24.80 and its 200-day simple moving average is $24.57. The company has a quick ratio of 1.25, a current ratio of 0.48 and a debt-to-equity ratio of 0.12. MGIC Investment has a 52 week low of $20.11 and a 52 week high of $26.92. The stock has a market cap of $6.18 billion, a PE ratio of 8.97 and a beta of 0.91.

MGIC Investment (NYSE:MTG - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The insurance provider reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. MGIC Investment had a net margin of 63.18% and a return on equity of 14.86%. The company had revenue of $306.23 million during the quarter, compared to analysts' expectations of $306.66 million. During the same quarter in the previous year, the company earned $0.65 EPS. MGIC Investment's revenue was up 4.0% on a year-over-year basis.

MGIC Investment Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Thursday, May 8th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 2.00%. The ex-dividend date was Thursday, May 8th. MGIC Investment's dividend payout ratio (DPR) is presently 17.28%.

MGIC Investment declared that its Board of Directors has authorized a stock buyback plan on Thursday, April 24th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the insurance provider to buy up to 12.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Institutional Trading of MGIC Investment

A number of large investors have recently bought and sold shares of the business. WPG Advisers LLC bought a new position in MGIC Investment in the first quarter valued at approximately $26,000. Cullen Frost Bankers Inc. bought a new stake in shares of MGIC Investment in the first quarter valued at about $33,000. Quarry LP acquired a new position in shares of MGIC Investment during the first quarter worth about $38,000. UMB Bank n.a. lifted its position in shares of MGIC Investment by 131.9% in the fourth quarter. UMB Bank n.a. now owns 1,649 shares of the insurance provider's stock worth $39,000 after purchasing an additional 938 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in MGIC Investment by 88.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,745 shares of the insurance provider's stock worth $43,000 after purchasing an additional 817 shares during the last quarter. 95.58% of the stock is owned by institutional investors.

MGIC Investment Company Profile

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure.