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

OverviewRevenueOwnershipFinancialsChartTranscripts

MTG Stock Forecast

MGIC Investment (MTG) stock forecast, based on 19 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 -13.98% decline from the last price of $24.03.

$15 $18 $21 $24 $27 $30 High: $25 Avg: $20.67 Low: $16 Last Closed Price: $24.03

MTG Stock Rating

MGIC Investment stock's rating consensus is Buy, based on 19 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 12 Buy (63.16%), 7 Hold (36.84%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 19 7 12 0 Strong Sell Sell Hold Buy Strong Buy

MTG Price Target Upside V Benchmarks

TypeNameUpside
StockMGIC Investment-13.98%
SectorFinancial Services Stocks 14.91%
IndustrySpecialty Insurance Stocks9.62%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$23.00
Last Closing Price$24.03$24.03$24.03
Upside/Downside---4.29%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 251-5-17
Mar, 251-5-17
Feb, 25114-17
Jan, 25114-17
Dec, 24224-19
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%4.04%
Jul 09, 2024Terry MaBarclays$21.00$21.29-1.36%-12.61%
Jan 06, 2023Barclays$14.00$12.908.53%-41.74%
Jun 23, 2022Mark DwelleRBC Capital$16.00$11.6637.22%-33.42%
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 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.31$1.90$2.83$2.52$2.95---
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%4.13%3.15%---

Revenue Forecast

$1B $1B $1B $1B $1B $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.20B$1.19B$1.17B$1.16B$1.21B---
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%-0.32%---

Net Income Forecast

$300M $430M $560M $690M $820M $950M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$446.09M$634.98M$865.35M$712.95M$762.99M---
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%--7.05%---

MTG Forecast FAQ

Is MGIC Investment stock a buy?

MGIC Investment stock has a consensus rating of Buy, based on 19 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 12 Buy, 7 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that MGIC Investment is a favorable investment for most analysts.

What is MGIC Investment's price target?

MGIC Investment's price target, set by 19 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 -13.98% change from the previous closing price of $24.03.

How does MGIC Investment stock forecast compare to its benchmarks?

MGIC Investment's stock forecast shows a -13.98% downside, underperforming the average forecast for the financial services stocks sector (14.91%) and underperforming the specialty insurance stocks industry (9.62%).

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

  • April 2025: 14.29% Strong Buy, 0% Buy, 71.43% Hold, 0% Sell, 14.29% Strong Sell.
  • March 2025: 14.29% Strong Buy, 0% Buy, 71.43% Hold, 0% Sell, 14.29% Strong Sell.
  • February 2025: 14.29% Strong Buy, 14.29% Buy, 57.14% Hold, 0% Sell, 14.29% Strong Sell.

What is MGIC Investment’s EPS forecast?

MGIC Investment's average annual EPS forecast for its fiscal year ending in December 2025 is $2.75, marking a -6.78% decrease from the reported $2.95 in 2024. Estimates for the following years are $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 2025 is $1.25B, reflecting a 3.49% increase from the reported $1.21B in 2024. The forecast for 2026 is $1.28B, 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 2025 stands at $789.84M, representing an 3.52% increase from the reported $762.99M in 2024. Projections indicate $838.46M in 2026, and $919.27M in 2027.