MGIC Investment Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, MGIC Investment stock has a consensus rating of "Hold" and an average price target of $28.8. The average 1-year stock price forecast is 2.35% higher than the current stock price, while the lowest is $28 (-0.50%) and the highest is $30 (+6.61%).

Price Target: $28.8 (+2.35%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$28	$28.8	$29	$30
Change	-0.50%	+2.35%	+3.06%	+6.61%

Analyst Ratings

The average analyst rating for MGIC Investment stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	4	4	4	4	4	3
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Terry Ma Barclays	Barclays	Hold Maintains $28	Hold	Maintains	$28	-0.50%	Jul 7, 2026
Harry Fong Roth MKM	Roth MKM	Buy Maintains $30	Buy	Maintains	$30	+6.61%	Jun 3, 2026
Rowland Mayor RBC Capital	RBC Capital	Hold Initiates $28	Hold	Initiates	$28	-0.50%	May 22, 2026
Bose George KBW	KBW	Hold Maintains $29	Hold	Maintains	$29	+3.06%	May 4, 2026
Douglas Harter BTIG	BTIG	Hold Reiterates $30 → $28	Hold	Reiterates	$30 → $28	-0.50%	Mar 12, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.19B

from 1.21B

-1.64%

from 1.21B

Revenue Next Year

1.21B

from 1.19B

1.16%

from 1.19B

EPS This Year

3.07

from 3.14

-2.36%

from 3.14

EPS Next Year

3.30

from 3.07

7.70%

from 3.07

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.19B	1.17B	1.16B	1.21B	1.21B	1.19B
Revenue Growth	-1.12%	-1.09%	-1.51%	4.56%	0.49%	-1.64%
Net Income	634.98M	865.35M	712.95M	762.99M	738.35M	646.00M
EPS	-	-	-	-	3.14	3.07
EPS Growth	-	-	-	-	7.90%	-2.36%
Forward PE	7.61	6.09	8.20	8.75	9.43	9.18
Dividend / Share	0.28	0.36	0.43	0.49	0.56	0.63
Dividend Growth	-	28.57%	19.44%	13.95%	14.29%	12.50%
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	1.2B
Avg	1.2B
Low	1.2B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-1.1%
Avg	-1.6%
Low	-2.6%

EPS Forecast

EPS	2026	2027	2028
High	3.11
Avg	3.07
Low	3.00

EPS Growth

EPS Growth	2026	2027	2028
High	-1.0%
Avg	-2.4%
Low	-4.5%