NASDAQ:MGIC - Magic Software Enterprises Stock Price, Price Target & More

Magic Software Enterprises trades on the NASDAQ under the ticker symbol "MGIC."

Magic Software Enterprises announced a Semi-Annual dividend on Wednesday, February 28th. Investors of record on Tuesday, March 13th will be paid a dividend of $0.13 per share on Monday, March 26th. This represents a dividend yield of 3.21%. The ex-dividend date is Monday, March 12th. This is a positive change from Magic Software Enterprises's previous Semi-Annual dividend of $0.09. View Magic Software Enterprises' Dividend History.

Magic Software Enterprises Ltd (NASDAQ:MGIC) released its quarterly earnings data on Wednesday, May, 16th. The software maker reported $0.14 EPS for the quarter, beating the Zacks' consensus estimate of $0.13 by $0.01. The software maker earned $69.73 million during the quarter, compared to analyst estimates of $66.55 million. Magic Software Enterprises had a return on equity of 10.41% and a net margin of 5.90%. View Magic Software Enterprises' Earnings History.

Magic Software Enterprises is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Magic Software Enterprises.

3 equities research analysts have issued 1-year price objectives for Magic Software Enterprises' stock. Their forecasts range from $10.00 to $10.50. On average, they expect Magic Software Enterprises' stock price to reach $10.25 in the next year. View Analyst Ratings for Magic Software Enterprises.

Some companies that are related to Magic Software Enterprises include LivePerson (LPSN), Endurance International Group (EIGI), SPS Commerce (SPSC), SendGrid (SEND), Web.com Group Inc. common stock (WEB), Benefitfocus (BNFT), Workiva (WK), Secureworks (SCWX), QAD (QADA), CommerceHub (CHUBK), CommerceHub (CHUBA), CommerceHub (CHUBB), Changyou (CYOU), Xunlei (XNET) and QAD Inc. Class B (QADB).

Media coverage about MGIC stock has trended somewhat positive recently, Accern reports. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Magic Software Enterprises earned a news impact score of 0.12 on Accern's scale. They also assigned media stories about the software maker an impact score of 46.38 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Magic Software Enterprises' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Denver Investment Advisors LLC (0.67%), Delek Group Ltd. (0.40%) and Unterberg Capital LLC (0.38%). View Institutional Ownership Trends for Magic Software Enterprises.

MGIC stock was sold by a variety of institutional investors in the last quarter, including Delek Group Ltd. and Denver Investment Advisors LLC. View Insider Buying and Selling for Magic Software Enterprises.

MGIC stock was bought by a variety of institutional investors in the last quarter, including Unterberg Capital LLC. View Insider Buying and Selling for Magic Software Enterprises.

Shares of MGIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MGIC stock can currently be purchased for approximately $8.40.

Magic Software Enterprises has a market capitalization of $371.48 million and generates $257.99 million in revenue each year. The software maker earns $15.44 million in net income (profit) each year or $0.46 on an earnings per share basis. Magic Software Enterprises employs 2,052 workers across the globe.

Magic Software Enterprises' mailing address is 5 HAPLADA STREET, OR YEHUDA L3, 6021805. The software maker can be reached via phone at 972-3538-9292 or via email at [email protected]