Zacks Research Boosts Earnings Estimates for MGIC Investment

MGIC Investment Corporation (NYSE:MTG) – Equities research analysts at Zacks Research raised their FY2025 earnings per share (EPS) estimates for MGIC Investment in a report issued on Thursday, November 13th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $3.11 for the year, up from their previous forecast of $3.01. 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 Q4 2025 earnings at $0.71 EPS, Q1 2026 earnings at $0.74 EPS, Q3 2026 earnings at $0.77 EPS, Q4 2026 earnings at $0.82 EPS, FY2026 earnings at $3.09 EPS, Q1 2027 earnings at $0.94 EPS, Q2 2027 earnings at $0.95 EPS and Q3 2027 earnings at $0.95 EPS.

Other equities analysts have also recently issued reports about the company. Barclays upped their price objective on MGIC Investment from $27.00 to $28.00 and gave the company a “cautious” rating in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “buy (a-)” rating on shares of MGIC Investment in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, MGIC Investment presently has a consensus rating of “Hold” and an average price target of $26.80.

MGIC Investment Trading Down 1.0%

Shares of NYSE MTG opened at $28.17 on Friday. The firm’s 50 day moving average price is $27.76 and its 200-day moving average price is $27.05. MGIC Investment has a 52-week low of $21.94 and a 52-week high of $29.01. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.46 and a current ratio of 1.46. The company has a market cap of $6.30 billion, a PE ratio of 9.06, a P/E/G ratio of 1.91 and a beta of 0.92.

MGIC Investment (NYSE:MTG) last announced its quarterly earnings data on Wednesday, October 29th. The insurance provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.72 by $0.11. The company had revenue of $304.51 million for the quarter, compared to the consensus estimate of $308.16 million. MGIC Investment had a net margin of 61.96% and a return on equity of 14.63%. MGIC Investment’s revenue for the quarter was down .7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.77 EPS.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in MTG. NorthRock Partners LLC grew its stake in shares of MGIC Investment by 17.0% during the 3rd quarter. NorthRock Partners LLC now owns 11,383 shares of the insurance provider’s stock valued at $323,000 after acquiring an additional 1,658 shares during the period. Newbridge Financial Services Group Inc. purchased a new position in MGIC Investment during the third quarter valued at approximately $28,000. Perbak Capital Partners LLP boosted its position in shares of MGIC Investment by 59.9% in the third quarter. Perbak Capital Partners LLP now owns 48,343 shares of the insurance provider’s stock worth $1,371,000 after purchasing an additional 18,107 shares during the period. Family Management Corp purchased a new stake in shares of MGIC Investment in the third quarter worth $291,000. Finally, Entropy Technologies LP bought a new stake in shares of MGIC Investment during the 3rd quarter valued at $212,000. 95.58% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at MGIC Investment

In other MGIC Investment news, COO Salvatore A. Miosi sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $27.52, for a total transaction of $825,600.00. Following the completion of the sale, the chief operating officer directly owned 159,401 shares of the company’s stock, valued at approximately $4,386,715.52. This represents a 15.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Timothy J. Mattke sold 139,203 shares of MGIC Investment stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $27.09, for a total transaction of $3,771,009.27. Following the transaction, the chief executive officer owned 961,791 shares in the company, valued at $26,054,918.19. This represents a 12.64% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 219,203 shares of company stock worth $5,989,909 in the last three months. 1.05% of the stock is currently owned by company insiders.

MGIC Investment Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Thursday, November 6th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, November 6th. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%. MGIC Investment’s dividend payout ratio is currently 19.29%.

About MGIC Investment

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.