MGIC Investment Corporation (MTG)
NYSE: MTG · Real-Time Price · USD
25.31
-0.16 (-0.63%)
Jan 29, 2025, 4:00 PM EST - Market closed
MGIC Investment Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for MGIC Investment stock have an average target of 25.86, with a low estimate of 22 and a high estimate of 30. The average target predicts an increase of 2.17% from the current stock price of 25.31.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MTG stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $29 → $28 | Hold | Maintains | $29 → $28 | +10.63% | Jan 8, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $29 | Buy → Hold | Downgrades | $29 | +14.58% | Dec 10, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Sell Downgrades $26 → $25 | Strong Buy → Sell | Downgrades | $26 → $25 | -1.22% | Dec 9, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $28 → $27 | Hold | Maintains | $28 → $27 | +6.68% | Nov 6, 2024 |
| Barclays | Barclays | Hold Maintains $23 → $24 | Hold | Maintains | $23 → $24 | -5.18% | Oct 8, 2024 |
Financial Forecast
Revenue This Year
1.22B
Revenue Next Year
1.26B
from 1.22B
Increased by 3.27%
EPS This Year
2.89
from 2.49
Increased by 16.25%
EPS Next Year
2.80
from 2.89
Decreased by -3.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.3B | 1.3B | 1.4B | |
| Avg | 1.2B | 1.3B | 1.3B | |
| Low | 1.2B | 1.2B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 8.2% | 8.1% | |
| Avg | - | 3.3% | 2.8% | |
| Low | - | -0.9% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.02 | 2.94 | 3.13 | |
| Avg | 2.89 | 2.80 | 2.95 | |
| Low | 2.79 | 2.65 | 2.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 21.6% | 1.7% | 11.8% | |
| Avg | 16.2% | -3.2% | 5.5% | |
| Low | 12.3% | -8.5% | -0.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.