MGIC Investment (MTG) Stock Forecast, Price Target & Predictions


MTG Stock Forecast


MGIC Investment (MTG) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $20.67, with a high of $25.00 and a low of $16.00. This represents a -16.28% decline from the last price of $24.69.

$15$18$21$24$27$30High: $25Avg: $20.67Low: $16Last Closed Price: $24.69

MTG Stock Rating


MGIC Investment stock's rating consensus is Hold, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (42.86%), 4 Hold (57.14%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 7 0 4 3 Strong Sell Sell Hold Buy Strong Buy

MTG Price Target Upside V Benchmarks


TypeNameUpside
StockMGIC Investment-16.28%
SectorFinancial Services Stocks 2.48%
IndustrySpecialty Insurance Stocks7.60%

Price Target Trends


1M3M12M
# Anlaysts--2
Avg Price Target--$23.00
Last Closing Price$24.69$24.69$24.69
Upside/Downside---6.84%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 25114-17
Jan, 25114-17
Dec, 24224-19
Nov, 24553--13
Oct, 24554--14
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 05, 2024Soham BhonsleBTIG$25.00$24.143.56%1.26%
Jul 09, 2024Terry MaBarclays$21.00$21.29-1.36%-14.95%
Jan 06, 2023Barclays$14.00$12.908.53%-43.30%
Jun 23, 2022Mark DwelleRBC Capital$16.00$11.6637.22%-35.20%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Feb 04, 2025Compass PointBuyNeutraldowngrade
Oct 08, 2024BarclaysEqual-WeightEqual-Weighthold
Aug 05, 2024BTIGBuyBuyhold
Jul 09, 2024BarclaysEqual-WeightEqual-Weighthold
Jun 03, 2024Keefe, Bruyette & WoodsMarket PerformOutperformupgrade
May 21, 2024UBSNeutralNeutralhold
Apr 03, 2024Keefe, Bruyette & WoodsMarket Performdowngrade
Feb 02, 2024RBC CapitalSector PerformSector Performhold
Apr 11, 2023Compass PointBuyupgrade
Jan 06, 2023BarclaysEqual-Weightdowngrade

Financial Forecast


EPS Forecast

Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.31$1.90$2.83$2.51----
Avg Forecast$1.28$1.75$2.79$2.42$2.86$2.75$2.93$3.21
High Forecast$1.29$1.77$2.81$2.44$2.87$2.84$2.94$3.24
Low Forecast$1.28$1.74$2.76$2.40$2.85$2.66$2.90$3.17
Surprise %2.34%8.57%1.43%3.72%----

Revenue Forecast

$1B$1B$1B$1B$1B$1BDec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.20B$1.19B$1.17B$1.16B----
Avg Forecast$1.19B$1.18B$1.18B$1.17B$1.21B$1.25B$1.28B$1.30B
High Forecast$1.20B$1.19B$1.18B$1.17B$1.22B$1.26B$1.28B$1.31B
Low Forecast$1.19B$1.18B$1.17B$1.15B$1.20B$1.24B$1.28B$1.28B
Surprise %0.54%0.37%-0.38%-0.90%----

Net Income Forecast

$300M$430M$560M$690M$820M$950MDec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$446.09M$634.98M$865.35M$712.95M----
Avg Forecast$384.29M$556.92M$645.68M$712.95M$820.90M$789.84M$838.46M$919.27M
High Forecast$461.14M$668.31M$774.81M$855.54M$823.78M$814.56M$844.16M$929.21M
Low Forecast$307.43M$445.54M$516.54M$570.36M$818.02M$765.11M$832.75M$909.33M
Surprise %16.08%14.02%34.02%-----

MTG Forecast FAQ


Is MGIC Investment stock a buy?

MGIC Investment stock has a consensus rating of Hold, based on 7 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 4 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that MGIC Investment is a neutral investment for most analysts.

What is MGIC Investment's price target?

MGIC Investment's price target, set by 7 Wall Street analysts, averages $20.67 over the next 12 months. The price target range spans from $16 at the low end to $25 at the high end, suggesting a potential -16.28% change from the previous closing price of $24.69.

How does MGIC Investment stock forecast compare to its benchmarks?

MGIC Investment's stock forecast shows a -16.28% downside, underperforming the average forecast for the financial services stocks sector (2.48%) and underperforming the specialty insurance stocks industry (7.60%).

What is the breakdown of analyst ratings for MGIC Investment over the past three months?

  • February 2025: 14.29% Strong Buy, 14.29% Buy, 57.14% Hold, 0% Sell, 14.29% Strong Sell.
  • January 2025: 14.29% Strong Buy, 14.29% Buy, 57.14% Hold, 0% Sell, 14.29% Strong Sell.
  • December 2024: 22.22% Strong Buy, 22.22% Buy, 44.44% Hold, 0% Sell, 11.11% Strong Sell.

What is MGIC Investment’s EPS forecast?

MGIC Investment's average annual EPS forecast for its fiscal year ending in December 2024 is $2.86, marking a 13.94% increase from the reported $2.51 in 2023. Estimates for the following years are $2.75 in 2025, $2.93 in 2026, and $3.21 in 2027.

What is MGIC Investment’s revenue forecast?

MGIC Investment's average annual revenue forecast for its fiscal year ending in December 2024 is $1.21B, reflecting a 4.89% increase from the reported $1.16B in 2023. The forecast for 2025 is $1.25B, followed by $1.28B for 2026, and $1.3B for 2027.

What is MGIC Investment’s net income forecast?

MGIC Investment's net income forecast for the fiscal year ending in December 2024 stands at $820.9M, representing an 15.14% increase from the reported $712.95M in 2023. Projections indicate $789.84M in 2025, $838.46M in 2026, and $919.27M in 2027.