Brokers Set Expectations for MGIC Investment Q1 Earnings

MGIC Investment Co. (NYSE:MTG) – Equities researchers at Zacks Research boosted their Q1 2025 earnings estimates for shares of MGIC Investment in a research report issued on Monday, February 24th. Zacks Research analyst R. Department now expects that the insurance provider will earn $0.65 per share for the quarter, up from their prior estimate of $0.61. 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 Q2 2025 earnings at $0.67 EPS, Q3 2025 earnings at $0.68 EPS, FY2025 earnings at $2.69 EPS, Q1 2026 earnings at $0.69 EPS, Q2 2026 earnings at $0.70 EPS, Q4 2026 earnings at $0.71 EPS and FY2026 earnings at $2.77 EPS.

MGIC Investment (NYSE:MTG) last issued its earnings results 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 14.86% and a net margin of 63.18%.

MTG has been the topic of a number of other reports. Compass Point reissued a “neutral” rating and set a $27.00 target price (up from $24.00) on shares of MGIC Investment in a research report on Wednesday, February 5th. Keefe, Bruyette & Woods decreased their price objective on shares of MGIC Investment from $29.00 to $28.00 and set a “market perform” rating for the company in a research report on Wednesday, January 8th. Barclays lifted their target price on MGIC Investment from $25.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 5th. UBS Group boosted their price target on MGIC Investment from $25.00 to $26.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 19th. Finally, 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. One 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $26.75.

MGIC Investment Stock Up 1.3 %

NYSE MTG opened at $24.58 on Thursday. The company has a quick ratio of 1.25, a current ratio of 0.48 and a debt-to-equity ratio of 0.12. MGIC Investment has a fifty-two week low of $19.26 and a fifty-two week high of $26.56. The business has a 50 day moving average price of $24.37 and a two-hundred day moving average price of $24.81. The stock has a market cap of $6.23 billion, a PE ratio of 8.47 and a beta of 1.29.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Hara Capital LLC acquired a new stake in MGIC Investment during the third quarter worth about $25,000. UMB Bank n.a. boosted its stake in MGIC Investment by 131.9% in the fourth quarter. UMB Bank n.a. now owns 1,649 shares of the insurance provider’s stock valued at $39,000 after acquiring an additional 938 shares during the period. Venturi Wealth Management LLC boosted its stake in MGIC Investment by 102.1% in the fourth quarter. Venturi Wealth Management LLC now owns 1,817 shares of the insurance provider’s stock valued at $43,000 after acquiring an additional 918 shares during the period. V Square Quantitative Management LLC grew its holdings in shares of MGIC Investment by 61.9% during the fourth quarter. V Square Quantitative Management LLC now owns 2,077 shares of the insurance provider’s stock valued at $49,000 after purchasing an additional 794 shares during the last quarter. Finally, Physician Wealth Advisors Inc. bought a new stake in shares of MGIC Investment in the 4th quarter worth approximately $54,000. 95.58% of the stock is currently owned by institutional investors.

Insider Buying and Selling at MGIC Investment

In other MGIC Investment news, CAO Julie K. Sperber sold 4,600 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $24.55, for a total transaction of $112,930.00. Following the completion of the sale, the chief accounting officer now owns 75,070 shares in the company, valued at $1,842,968.50. The trade was a 5.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.05% of the stock is currently owned by insiders.

MGIC Investment Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 5th. Investors of record on Tuesday, February 18th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.12%. The ex-dividend date of this dividend is Tuesday, February 18th. MGIC Investment’s dividend payout ratio is currently 17.93%.

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.