Q1 EPS Estimates for MGIC Investment Boosted by Analyst

MGIC Investment Co. (NYSE:MTG) – Research analysts at Zacks Research boosted their Q1 2025 EPS estimates for shares of MGIC Investment in a research report issued on Monday, February 24th. Zacks Research analyst R. Department now expects that the insurance provider will earn $0.65 per share for the quarter, up from their previous forecast of $0.61. The consensus estimate for MGIC Investment’s current full-year earnings is $2.71 per share. Zacks Research also issued estimates for MGIC Investment’s Q2 2025 earnings at $0.67 EPS, Q3 2025 earnings at $0.68 EPS, FY2025 earnings at $2.69 EPS, Q1 2026 earnings at $0.69 EPS, Q2 2026 earnings at $0.70 EPS, Q4 2026 earnings at $0.71 EPS and FY2026 earnings at $2.77 EPS.

Several other analysts have also commented on MTG. Compass Point reissued a “neutral” rating and issued a $27.00 price objective (up from $24.00) on shares of MGIC Investment in a report on Wednesday, February 5th. Royal Bank of Canada decreased their price objective on shares of MGIC Investment from $28.00 to $27.00 and set a “sector perform” rating on the stock in a report on Wednesday, November 6th. Keefe, Bruyette & Woods cut their target price on shares of MGIC Investment from $29.00 to $28.00 and set a “market perform” rating for the company in a research note on Wednesday, January 8th. Barclays upped their price target on shares of MGIC Investment from $25.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 5th. Finally, Bank of America cut MGIC Investment from a “buy” rating to an “underperform” rating and lowered their price objective for the stock from $26.00 to $25.00 in a report on Monday, December 9th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $26.75.

MGIC Investment Stock Performance

Shares of MTG stock opened at $24.11 on Thursday. MGIC Investment has a 52-week low of $19.22 and a 52-week high of $26.56. The stock has a market cap of $6.11 billion, a PE ratio of 8.31 and a beta of 1.29. The business has a 50-day simple moving average of $24.33 and a 200-day simple moving average of $24.80. The company has a quick ratio of 1.25, a current ratio of 0.48 and a debt-to-equity ratio of 0.12.

MGIC Investment (NYSE:MTG) last posted its quarterly earnings data on Monday, February 3rd. The insurance provider reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.07. MGIC Investment had a net margin of 63.18% and a return on equity of 14.86%.

Institutional Investors Weigh In On MGIC Investment

A number of institutional investors have recently modified their holdings of MTG. First Trust Advisors LP lifted its holdings in MGIC Investment by 22.4% during the 4th quarter. First Trust Advisors LP now owns 16,008,489 shares of the insurance provider’s stock worth $379,561,000 after buying an additional 2,928,595 shares in the last quarter. LSV Asset Management boosted its stake in shares of MGIC Investment by 2.3% in the 4th quarter. LSV Asset Management now owns 10,578,342 shares of the insurance provider’s stock valued at $250,812,000 after buying an additional 235,916 shares during the period. State Street Corp raised its holdings in MGIC Investment by 0.8% in the third quarter. State Street Corp now owns 9,092,453 shares of the insurance provider’s stock valued at $232,767,000 after acquiring an additional 73,851 shares in the last quarter. Allianz Asset Management GmbH grew its holdings in MGIC Investment by 8.2% during the 4th quarter. Allianz Asset Management GmbH now owns 5,495,115 shares of the insurance provider’s stock worth $130,289,000 after acquiring an additional 415,586 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of MGIC Investment by 16.6% in the 4th quarter. Invesco Ltd. now owns 4,766,195 shares of the insurance provider’s stock valued at $113,006,000 after purchasing an additional 677,227 shares in the last quarter. 95.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CAO Julie K. Sperber sold 4,600 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $24.55, for a total value of $112,930.00. Following the transaction, the chief accounting officer now directly owns 75,070 shares in the company, valued at approximately $1,842,968.50. This represents a 5.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.05% of the company’s stock.

MGIC Investment Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend is Tuesday, February 18th. MGIC Investment’s dividend payout ratio (DPR) is presently 17.93%.

MGIC Investment Company Profile

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure.