Magic Software Enterprises Ltd. (NASDAQ:MGIC – Free Report) – Research analysts at William Blair boosted their Q3 2025 earnings estimates for Magic Software Enterprises in a research note issued to investors on Monday, November 18th. William Blair analyst M. Nolan now forecasts that the software maker will earn $0.26 per share for the quarter, up from their previous forecast of $0.25. The consensus estimate for Magic Software Enterprises’ current full-year earnings is $0.95 per share. William Blair also issued estimates for Magic Software Enterprises’ FY2026 earnings at $1.03 EPS.
Other analysts have also issued reports about the company. StockNews.com upgraded Magic Software Enterprises from a “buy” rating to a “strong-buy” rating in a report on Wednesday. Barclays raised their price objective on Magic Software Enterprises from $14.00 to $15.00 and gave the company an “overweight” rating in a report on Tuesday.
Magic Software Enterprises Trading Down 0.4 %
MGIC opened at $10.92 on Wednesday. The firm’s fifty day simple moving average is $11.30 and its 200 day simple moving average is $10.96. The stock has a market capitalization of $536.16 million, a P/E ratio of 15.60 and a beta of 1.08. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.13. Magic Software Enterprises has a 12 month low of $8.40 and a 12 month high of $12.99.
Institutional Trading of Magic Software Enterprises
A number of large investors have recently added to or reduced their stakes in MGIC. Inspire Investing LLC acquired a new position in Magic Software Enterprises during the third quarter worth approximately $880,000. Quadrature Capital Ltd bought a new position in shares of Magic Software Enterprises during the 1st quarter worth approximately $593,000. Y.D. More Investments Ltd bought a new position in shares of Magic Software Enterprises in the second quarter valued at about $1,451,000. Assenagon Asset Management S.A. acquired a new stake in Magic Software Enterprises during the third quarter worth approximately $1,675,000. Finally, Acadian Asset Management LLC increased its position in Magic Software Enterprises by 2,254.6% during the 2nd quarter. Acadian Asset Management LLC now owns 68,447 shares of the software maker’s stock worth $653,000 after buying an additional 65,540 shares during the period. Institutional investors and hedge funds own 24.70% of the company’s stock.
Magic Software Enterprises Increases Dividend
The company also recently declared a semi-annual dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Monday, December 23rd will be given a dividend of $0.236 per share. This is a positive change from Magic Software Enterprises’s previous semi-annual dividend of $0.20. This represents a yield of 3.7%. The ex-dividend date of this dividend is Monday, December 23rd. Magic Software Enterprises’s dividend payout ratio is 67.14%.
About Magic Software Enterprises
Magic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services in Israel and internationally. Its Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services.
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