Barclays Issues Positive Forecast for MGIC Investment (NYSE:MTG) Stock Price

MGIC Investment (NYSE:MTG) had its target price lifted by Barclays from $29.00 to $30.00 in a research report sent to investors on Friday,Benzinga reports. Barclays currently has an equal weight rating on the insurance provider’s stock.

Several other research analysts have also recently commented on MTG. Royal Bank Of Canada upped their target price on shares of MGIC Investment from $28.00 to $32.00 and gave the stock a “sector perform” rating in a research report on Friday, July 31st. Keefe, Bruyette & Woods lifted their price target on MGIC Investment from $29.00 to $30.00 and gave the company a “market perform” rating in a report on Friday, July 31st. Weiss Ratings raised MGIC Investment from a “buy (b+)” rating to a “buy (a-)” rating in a report on Wednesday, August 19th. BTIG Research started coverage on MGIC Investment in a research report on Tuesday, September 22nd. They set a “hold” rating for the company. Finally, Roth Capital reissued a “buy” rating and issued a $35.00 price objective on shares of MGIC Investment in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $31.00.

MGIC Investment Stock Performance

MTG stock traded down $0.74 during mid-day trading on Friday, reaching $28.61. The company had a trading volume of 2,884,503 shares, compared to its average volume of 2,249,401. MGIC Investment has a one year low of $24.69 and a one year high of $31.89. The stock has a market capitalization of $5.87 billion, a P/E ratio of 8.89, a P/E/G ratio of 1.03 and a beta of 0.64. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.13. The stock’s 50-day simple moving average is $28.81 and its two-hundred day simple moving average is $27.82.

MGIC Investment (NYSE:MTG) last released its quarterly earnings results on Wednesday, November 4th. The insurance provider reported $0.85 EPS for the quarter, topping the consensus estimate of $0.81 by $0.04. MGIC Investment had a net margin of 59.20% and a return on equity of 13.90%. The business had revenue of $299.08 million during the quarter, compared to analyst estimates of $298.66 million. During the same quarter in the prior year, the firm earned $0.83 earnings per share. The company’s quarterly revenue was down 1.8% on a year-over-year basis. Research analysts anticipate that MGIC Investment will post 3.22 EPS for the current year.

MGIC Investment Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 23rd. Investors of record on Thursday, November 12th will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, November 12th. MGIC Investment’s payout ratio is currently 21.12%.

Insider Activity

In related news, CEO Timothy Mattke sold 137,114 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $26.23, for a total value of $3,596,500.22. Following the completion of the transaction, the chief executive officer owned 843,778 shares in the company, valued at $22,132,296.94. This represents a 13.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Salvatore Miosi sold 30,000 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $26.06, for a total transaction of $781,800.00. Following the completion of the transaction, the chief operating officer owned 440,951 shares of the company’s stock, valued at $11,491,183.06. This represents a 6.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 197,114 shares of company stock valued at $5,300,200 in the last ninety days. Corporate insiders own 1.34% of the company’s stock.

Institutional Trading of MGIC Investment

A number of institutional investors have recently made changes to their positions in MTG. Elevation Wealth Partners LLC boosted its holdings in shares of MGIC Investment by 345.6% in the third quarter. Elevation Wealth Partners LLC now owns 1,123 shares of the insurance provider’s stock valued at $29,000 after acquiring an additional 871 shares in the last quarter. Provenance Wealth Advisors LLC acquired a new stake in MGIC Investment in the third quarter worth approximately $34,000. V Square Quantitative Management LLC lifted its position in MGIC Investment by 91.2% in the third quarter. V Square Quantitative Management LLC now owns 1,363 shares of the insurance provider’s stock worth $35,000 after purchasing an additional 650 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in MGIC Investment in the second quarter worth approximately $62,000. Finally, Harbor Investment Advisory LLC boosted its stake in MGIC Investment by 613.0% during the 2nd quarter. Harbor Investment Advisory LLC now owns 2,574 shares of the insurance provider’s stock valued at $73,000 after purchasing an additional 2,213 shares in the last quarter. 95.58% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting MGIC Investment

Here are the key news stories impacting MGIC Investment this week:

• Positive Sentiment: MGIC reported third-quarter adjusted earnings of $0.85 per share, ahead of the roughly $0.81 consensus, with revenue slightly above estimates. Insurance-in-force growth and expense discipline helped offset pressure elsewhere. MTG Q3 Earnings Beat on Lower Expenses, Revenues Fall Y/Y
• Positive Sentiment: Management indicated operating expenses could come in slightly below its $190 million–$200 million range and extended quota-share reinsurance through 2029, supporting cost control and risk management. MGIC signals lower operating expenses and extends quota-share reinsurance
• Neutral Sentiment: Barclays raised its price target from $29 to $30 but kept an “equal weight” rating, indicating limited conviction in near-term outperformance. Barclays stock recommendations
• Negative Sentiment: Revenue declined year over year, while rising losses and delinquencies, lower sales, and margin pressure remain concerns that could offset the earnings beat. MTG Q3 2026 deep dive

MGIC Investment Company Profile

MGIC Investment Corporation (NYSE:MTG) is a holding company whose principal subsidiary is Mortgage Guaranty Insurance Corporation (MGIC), a provider of private mortgage insurance in the United States. MGIC’s insurance helps protect mortgage lenders and investors against losses when borrowers default, enabling qualified homebuyers to obtain mortgages with smaller down payments.

MGIC primarily offers primary mortgage insurance for residential loans, working with mortgage lenders, banks and other housing-finance institutions.