MGIC Investment (MTG) Stock Forecast, Price Target & Predictions
MTG Stock Forecast
MGIC Investment stock forecast is as follows: an average price target of $20.67 (represents a -12.12% downside from MTG’s last price of $23.52) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
MTG Price Target
MTG Analyst Ratings
MGIC Investment Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 05, 2024 | Soham Bhonsle | BTIG | $25.00 | $24.14 | 3.56% | 6.29% |
Jul 09, 2024 | Terry Ma | Barclays | $21.00 | $21.29 | -1.36% | -10.71% |
Jan 06, 2023 | - | Barclays | $14.00 | $12.90 | 8.53% | -40.48% |
Jun 23, 2022 | Mark Dwelle | RBC Capital | $16.00 | $11.66 | 37.22% | -31.97% |
MGIC Investment Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 2 |
Avg Price Target | - | $25.00 | $23.00 |
Last Closing Price | $23.52 | $23.52 | $23.52 |
Upside/Downside | -100.00% | 6.29% | -2.21% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 08, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
Aug 05, 2024 | BTIG | Buy | Buy | Hold |
Jul 09, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
Jun 03, 2024 | Keefe, Bruyette & Woods | Market Perform | Outperform | Upgrade |
May 21, 2024 | UBS | Neutral | Neutral | Hold |
Apr 03, 2024 | Keefe, Bruyette & Woods | - | Market Perform | Downgrade |
Feb 02, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Apr 11, 2023 | Compass Point | - | Buy | Upgrade |
Jan 06, 2023 | Barclays | - | Equal-Weight | Downgrade |
Aug 18, 2022 | Bank of America Securities | - | Buy | Upgrade |
MGIC Investment Financial Forecast
MGIC Investment Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $283.96M | $296.50M | $290.68M | $283.96M | $292.25M | $292.80M | $293.12M | $294.62M | $294.12M | $295.75M | $297.85M | $297.96M | $302.28M | $296.00M | $293.97M | $306.89M | $311.63M | $318.38M |
Avg Forecast | $320.53M | $318.36M | $315.17M | $313.63M | $318.28M | $316.10M | $311.75M | $310.25M | $308.65M | $306.03M | $301.02M | $301.62M | $292.72M | $296.31M | $292.51M | $291.88M | $295.44M | $298.51M | $292.89M | $292.28M | $290.90M | $299.65M | $297.40M | $303.56M | $301.17M | $295.40M | $293.92M | $304.61M | $307.10M | $299.42M |
High Forecast | $320.53M | $318.36M | $315.17M | $313.63M | $318.28M | $316.10M | $311.75M | $310.25M | $308.65M | $306.44M | $301.02M | $301.62M | $294.40M | $299.13M | $292.51M | $291.88M | $295.44M | $298.51M | $292.89M | $292.28M | $290.90M | $299.65M | $297.40M | $303.56M | $301.17M | $295.40M | $293.92M | $304.61M | $307.10M | $299.42M |
Low Forecast | $320.53M | $318.36M | $315.17M | $313.63M | $318.28M | $316.10M | $311.75M | $310.25M | $308.65M | $305.62M | $301.02M | $301.62M | $291.03M | $293.02M | $292.51M | $291.88M | $295.44M | $298.51M | $292.89M | $292.28M | $290.90M | $299.65M | $297.40M | $303.56M | $301.17M | $295.40M | $293.92M | $304.61M | $307.10M | $299.42M |
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.00% | 0.99% | 0.97% | 0.99% | 0.98% | 1.00% | 1.01% | 1.01% | 0.99% | 1.00% | 0.98% | 1.00% | 1.00% | 1.00% | 1.01% | 1.01% | 1.06% |
MGIC Investment EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $229.85M | $234.40M | $242.38M | $204.98M | $261.24M | $337.87M | $343.48M | $249.75M | $252.12M | $235.09M | $226.91M | $225.02M | $225.38M | $195.26M | $41.82M | $214.22M | $248.65M | $248.37M |
Avg Forecast | $239.95M | $238.33M | $235.94M | $234.78M | $238.26M | $236.63M | $233.38M | $232.26M | $231.05M | $229.09M | $225.35M | $269.51M | $219.13M | $221.82M | $218.97M | $245.01M | $170.18M | $223.46M | $219.26M | $193.68M | $217.77M | $224.32M | $222.64M | $219.67M | $225.45M | $221.14M | $220.03M | $208.99M | $229.89M | $224.15M |
High Forecast | $239.95M | $238.33M | $235.94M | $234.78M | $238.26M | $236.63M | $233.38M | $232.26M | $231.05M | $229.40M | $225.35M | $323.41M | $220.39M | $223.93M | $218.97M | $294.01M | $204.22M | $223.46M | $219.26M | $232.42M | $217.77M | $224.32M | $222.64M | $263.60M | $225.45M | $221.14M | $220.03M | $250.79M | $229.89M | $224.15M |
Low Forecast | $239.95M | $238.33M | $235.94M | $234.78M | $238.26M | $236.63M | $233.38M | $232.26M | $231.05M | $228.79M | $225.35M | $215.61M | $217.87M | $219.36M | $218.97M | $196.00M | $136.15M | $223.46M | $219.26M | $154.94M | $217.77M | $224.32M | $222.64M | $175.73M | $225.45M | $221.14M | $220.03M | $167.19M | $229.89M | $224.15M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.06% | 1.11% | 0.84% | 1.54% | 1.51% | 1.57% | 1.29% | 1.16% | 1.05% | 1.02% | 1.02% | 1.00% | 0.88% | 0.19% | 1.03% | 1.08% | 1.11% |
MGIC Investment Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $184.50M | $182.84M | $191.05M | $154.55M | $191.44M | $249.63M | $249.27M | $175.01M | $173.93M | $157.98M | $153.05M | $150.02M | $151.43M | $130.81M | $14.05M | $149.81M | $177.11M | $176.93M |
Avg Forecast | $193.78M | $189.96M | $184.51M | $172.20M | $192.87M | $190.14M | $185.30M | $176.34M | $178.04M | $177.21M | $169.62M | $188.86M | $150.90M | $150.21M | $142.30M | $171.69M | $117.41M | $140.36M | $135.34M | $135.72M | $117.00M | $119.27M | $113.43M | $146.45M | $107.03M | $81.14M | $37.44M | $146.15M | $115.66M | $112.84M |
High Forecast | $193.78M | $189.96M | $184.51M | $172.20M | $192.87M | $190.14M | $185.30M | $176.34M | $178.04M | $187.79M | $169.68M | $226.63M | $153.54M | $158.26M | $142.30M | $206.03M | $140.89M | $140.36M | $135.34M | $162.87M | $117.00M | $119.27M | $113.43M | $175.74M | $107.03M | $81.14M | $37.44M | $175.38M | $115.66M | $112.84M |
Low Forecast | $193.78M | $189.96M | $184.51M | $172.20M | $192.87M | $190.14M | $185.30M | $176.34M | $178.04M | $169.28M | $169.57M | $151.09M | $148.25M | $144.85M | $142.30M | $137.35M | $93.92M | $140.36M | $135.34M | $108.58M | $117.00M | $119.27M | $113.43M | $117.16M | $107.03M | $81.14M | $37.44M | $116.92M | $115.66M | $112.84M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 1.22% | 1.34% | 0.90% | 1.63% | 1.78% | 1.84% | 1.29% | 1.49% | 1.32% | 1.35% | 1.02% | 1.41% | 1.61% | 0.38% | 1.03% | 1.53% | 1.57% |
MGIC Investment SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Avg Forecast | $5.76M | $5.73M | $5.67M | $5.64M | $5.72M | $5.68M | $5.61M | $5.58M | $5.55M | $5.50M | $5.41M | $5.42M | $5.26M | $5.33M | $5.26M | $5.25M | $5.31M | $5.37M | $5.27M | $5.26M | $5.23M | $5.39M | $5.35M | $5.46M | $5.42M | $5.31M | $5.29M | $5.48M | $5.52M | $5.38M |
High Forecast | $5.76M | $5.73M | $5.67M | $5.64M | $5.72M | $5.68M | $5.61M | $5.58M | $5.55M | $5.51M | $5.41M | $5.42M | $5.29M | $5.38M | $5.26M | $5.25M | $5.31M | $5.37M | $5.27M | $5.26M | $5.23M | $5.39M | $5.35M | $5.46M | $5.42M | $5.31M | $5.29M | $5.48M | $5.52M | $5.38M |
Low Forecast | $5.76M | $5.73M | $5.67M | $5.64M | $5.72M | $5.68M | $5.61M | $5.58M | $5.55M | $5.50M | $5.41M | $5.42M | $5.23M | $5.27M | $5.26M | $5.25M | $5.31M | $5.37M | $5.27M | $5.26M | $5.23M | $5.39M | $5.35M | $5.46M | $5.42M | $5.31M | $5.29M | $5.48M | $5.52M | $5.38M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
MGIC Investment EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.67 | $0.65 | $0.67 | $0.53 | $0.65 | $0.82 | $0.81 | $0.55 | $0.54 | $0.47 | $0.45 | $0.44 | $0.45 | $0.39 | $0.04 | $0.44 | $0.51 | $0.50 |
Avg Forecast | $0.73 | $0.71 | $0.69 | $0.65 | $0.72 | $0.71 | $0.69 | $0.66 | $0.67 | $0.66 | $0.64 | $0.60 | $0.57 | $0.56 | $0.53 | $0.50 | $0.53 | $0.53 | $0.51 | $0.49 | $0.44 | $0.45 | $0.43 | $0.42 | $0.40 | $0.30 | $0.14 | $0.42 | $0.43 | $0.42 |
High Forecast | $0.73 | $0.71 | $0.69 | $0.65 | $0.72 | $0.71 | $0.69 | $0.66 | $0.67 | $0.70 | $0.64 | $0.60 | $0.58 | $0.59 | $0.53 | $0.50 | $0.53 | $0.53 | $0.51 | $0.49 | $0.44 | $0.45 | $0.43 | $0.42 | $0.40 | $0.30 | $0.14 | $0.42 | $0.43 | $0.42 |
Low Forecast | $0.73 | $0.71 | $0.69 | $0.65 | $0.72 | $0.71 | $0.69 | $0.66 | $0.67 | $0.63 | $0.64 | $0.60 | $0.56 | $0.54 | $0.53 | $0.50 | $0.53 | $0.53 | $0.51 | $0.49 | $0.44 | $0.45 | $0.43 | $0.42 | $0.40 | $0.30 | $0.14 | $0.42 | $0.43 | $0.42 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 1.15% | 1.26% | 1.05% | 1.24% | 1.56% | 1.60% | 1.13% | 1.23% | 1.05% | 1.06% | 1.05% | 1.12% | 1.28% | 0.29% | 1.03% | 1.17% | 1.19% |
MGIC Investment Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
MBI | MBIA | $3.82 | $14.00 | 266.49% | Buy |
JRVR | James River Group | $6.06 | $10.67 | 76.07% | Buy |
AMBC | Ambac Financial Group | $11.21 | $18.00 | 60.57% | Buy |
ESNT | Essent Group | $54.11 | $73.75 | 36.30% | Buy |
NMIH | NMI | $36.96 | $42.60 | 15.26% | Buy |
AGO | Assured Guaranty | $81.52 | $84.00 | 3.04% | Buy |
MTG | MGIC Investment | $23.52 | $20.67 | -12.12% | Buy |
RDN | Radian Group | $32.11 | $27.63 | -13.95% | Buy |
MTG Forecast FAQ
Is MGIC Investment a good buy?
Yes, according to 7 Wall Street analysts, MGIC Investment (MTG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 57.14% of MTG's total ratings.
What is MTG's price target?
MGIC Investment (MTG) average price target is $20.67 with a range of $16 to $25, implying a -12.12% from its last price of $23.52. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will MGIC Investment stock go up soon?
According to Wall Street analysts' prediction for MTG stock, the company can go down by -12.12% (from the last price of $23.52 to the average price target of $20.67), up by 6.29% based on the highest stock price target, and down by -31.97% based on the lowest stock price target.
Can MGIC Investment stock reach $40?
MTG's average twelve months analyst stock price target of $20.67 does not support the claim that MGIC Investment can reach $40 in the near future.
What are MGIC Investment's analysts' financial forecasts?
MGIC Investment's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.26B (high $1.26B, low $1.26B), average EBITDA is $940.53M (high $940.53M, low $940.53M), average net income is $744.66M (high $744.66M, low $744.66M), average SG&A $22.6M (high $22.6M, low $22.6M), and average EPS is $2.79 (high $2.79, low $2.79). MTG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.27B (high $1.27B, low $1.27B), average EBITDA is $949M (high $949M, low $949M), average net income is $740.46M (high $740.46M, low $740.46M), average SG&A $22.8M (high $22.8M, low $22.8M), and average EPS is $2.77 (high $2.77, low $2.77).
Did the MTG's actual financial results beat the analysts' financial forecasts?
Based on MGIC Investment's last annual report (Dec 2023), the company's revenue was $1.16B, which missed the average analysts forecast of $1.17B by -1.56%. Apple's EBITDA was $902.23M, missing the average prediction of $904.93M by -0.30%. The company's net income was $712.95M, beating the average estimation of $615.1M by 15.91%. Apple's SG&A was $0, missing the average forecast of $21.1M by -100.00%. Lastly, the company's EPS was $2.51, beating the average prediction of $2.17 by 15.93%. In terms of the last quarterly report (Dec 2023), MGIC Investment's revenue was $283.96M, missing the average analysts' forecast of $292.72M by -2.99%. The company's EBITDA was $229.85M, beating the average prediction of $219.13M by 4.89%. MGIC Investment's net income was $184.5M, beating the average estimation of $150.9M by 22.27%. The company's SG&A was $0, missing the average forecast of $5.26M by -100.00%. Lastly, the company's EPS was $0.67, beating the average prediction of $0.565 by 18.49%