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.
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
MTG Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | MGIC Investment | -16.28% |
Sector | Financial Services Stocks | 2.48% |
Industry | Specialty Insurance Stocks | 7.60% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 2 |
Avg Price Target | - | - | $23.00 |
Last Closing Price | $24.69 | $24.69 | $24.69 |
Upside/Downside | - | - | -6.84% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Feb, 25 | 1 | 1 | 4 | - | 1 | 7 |
Jan, 25 | 1 | 1 | 4 | - | 1 | 7 |
Dec, 24 | 2 | 2 | 4 | - | 1 | 9 |
Nov, 24 | 5 | 5 | 3 | - | - | 13 |
Oct, 24 | 5 | 5 | 4 | - | - | 14 |
Analyst Price Target Forecasts
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% | 1.26% |
Jul 09, 2024 | Terry Ma | Barclays | $21.00 | $21.29 | -1.36% | -14.95% |
Jan 06, 2023 | Barclays | $14.00 | $12.90 | 8.53% | -43.30% | |
Jun 23, 2022 | Mark Dwelle | RBC Capital | $16.00 | $11.66 | 37.22% | -35.20% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Feb 04, 2025 | Compass Point | Buy | Neutral | downgrade |
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 |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 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
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 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
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 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% | - | - | - | - | - |