Roth Capital Lifts Earnings Estimates for MGIC Investment

MGIC Investment Co. (NYSE:MTG) – Investment analysts at Roth Capital boosted their Q1 2025 EPS estimates for shares of MGIC Investment in a research note issued on Tuesday, February 4th. Roth Capital analyst H. Fong now forecasts that the insurance provider will earn $0.63 per share for the quarter, up from their prior forecast of $0.62. The consensus estimate for MGIC Investment’s current full-year earnings is $2.85 per share. Roth Capital also issued estimates for MGIC Investment’s Q2 2026 earnings at $0.74 EPS, Q3 2026 earnings at $0.76 EPS and Q4 2026 earnings at $0.77 EPS.

MGIC Investment (NYSE:MTG) last announced its quarterly earnings data on Monday, February 3rd. The insurance provider reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.07. MGIC Investment had a return on equity of 14.99% and a net margin of 64.09%.

A number of other equities analysts also recently commented on MTG. Barclays raised their price objective on shares of MGIC Investment from $25.00 to $26.00 and gave the stock an “equal weight” rating in a report on Wednesday. Compass Point restated a “neutral” rating and set a $27.00 price target (up previously from $24.00) on shares of MGIC Investment in a research note on Wednesday. Bank of America lowered MGIC Investment from a “buy” rating to an “underperform” rating and lowered their price objective for the company from $26.00 to $25.00 in a research note on Monday, December 9th. Royal Bank of Canada decreased their price target on MGIC Investment from $28.00 to $27.00 and set a “sector perform” rating on the stock in a research note on Wednesday, November 6th. Finally, Keefe, Bruyette & Woods lowered their price target on MGIC Investment from $29.00 to $28.00 and set a “market perform” rating on the stock in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $26.25.

MGIC Investment Stock Down 0.4 %

MTG opened at $25.50 on Wednesday. The company has a market capitalization of $6.46 billion, a P/E ratio of 8.98, a P/E/G ratio of 2.02 and a beta of 1.29. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 1.25. The firm’s fifty day moving average price is $24.52 and its two-hundred day moving average price is $24.74. MGIC Investment has a fifty-two week low of $18.68 and a fifty-two week high of $26.56.

MGIC Investment Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 2.04%. The ex-dividend date is Tuesday, February 18th. MGIC Investment’s payout ratio is presently 17.93%.

Institutional Trading of MGIC Investment

Hedge funds and other institutional investors have recently made changes to their positions in the business. State of Alaska Department of Revenue grew its holdings in MGIC Investment by 0.4% during the 3rd quarter. State of Alaska Department of Revenue now owns 150,750 shares of the insurance provider’s stock worth $3,858,000 after acquiring an additional 540 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of MGIC Investment by 1.6% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 37,821 shares of the insurance provider’s stock worth $897,000 after purchasing an additional 579 shares in the last quarter. Lindenwold Advisors INC increased its holdings in shares of MGIC Investment by 3.7% in the third quarter. Lindenwold Advisors INC now owns 16,611 shares of the insurance provider’s stock valued at $425,000 after purchasing an additional 592 shares in the last quarter. US Bancorp DE raised its position in MGIC Investment by 6.2% in the 4th quarter. US Bancorp DE now owns 10,249 shares of the insurance provider’s stock worth $243,000 after purchasing an additional 600 shares during the last quarter. Finally, Inspire Investing LLC raised its position in MGIC Investment by 4.8% in the 4th quarter. Inspire Investing LLC now owns 16,883 shares of the insurance provider’s stock worth $400,000 after purchasing an additional 766 shares during the last quarter. 95.58% of the stock is currently owned by institutional investors and hedge funds.

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.