MGIC Investment (MTG)
NYSE:MTG

MGIC Investment (MTG) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

MTG Analyst Ratings

Moderate Buy
4Ratings
2 Buy
2 Hold
0 Sell
Based on 4 analysts giving stock ratings to
MGIC
Investment
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MTG Stock 12 Months Forecast

Average Price Target

$15.63
▲(20.42% Upside)
Based on 4 Wall Street analysts offering 12 month price targets for MGIC Investment in the last 3 months. The average price target is $15.63 with a high forecast of $17.00 and a low forecast of $14.50. The average price target represents a 20.42% change from the last price of $12.98.
Highest Price Target$17.00Average Price Target$15.63Lowest Price Target$14.50
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Bank of America Securities
$18.00
Buy
38.67%
Upside
Upgraded
B of A Securities Upgrades MGIC Investment to Buy, Announces $18 Price Target
BTIG
$17.00
Buy
30.97%
Upside
Reiterated
We reduce 2022E IIF by -2% and 2023E IIF by -3% on ~9% lower NIW estimates. Overall solid results which increase our confidence in MTG’s low- mid-teen ROE in 2022. Reiterate Buy, $17 PT.
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MTG Financial Forecast

MTG Earnings Forecast
Next quarter’s earnings estimate for MTG is $0.53 with a range of $0.45 to $0.59. The previous quarter’s EPS was $0.86. MTG beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.55% of the time in the same period. In the last calendar year MTG has Outperformed its overall industry.
Next quarter’s earnings estimate for MTG is $0.53 with a range of $0.45 to $0.59. The previous quarter’s EPS was $0.86. MTG beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.55% of the time in the same period. In the last calendar year MTG has Outperformed its overall industry.
MTG Sales Forecast
Next quarter’s sales forecast for MTG is $295.68M with a range of $292.00M to $298.20M. The previous quarter’s sales results were $292.80M. MTG beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 77.97% of the time in the same period. In the last calendar year MTG has Underperformed its overall industry.
Next quarter’s sales forecast for MTG is $295.68M with a range of $292.00M to $298.20M. The previous quarter’s sales results were $292.80M. MTG beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 77.97% of the time in the same period. In the last calendar year MTG has Underperformed its overall industry.
MTG Analyst Recommendation Trends
In the current month, MTG has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The MTG average analyst price target in the past 3 months is $15.63
In the current month, MTG has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The MTG average analyst price target in the past 3 months is $15.63

MTG Stock Forecast FAQ

What is MTG’s average 12-month price target, according to analysts?
Based on analyst ratings, MGIC Investment’s 12-month average price target is $15.63.
    What is MTG’s upside potential, based on the analysts’ average price target?
    MGIC Investment has 20.42% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is MTG a Buy, Sell or Hold?
          MGIC Investment has a conensus rating of Moderate Buy which is based on 2 buy ratings, 2 hold ratings and 0 sell ratings.
            What is MGIC Investment’s price target?
            The average price target for MGIC Investment is $15.63. This is based on 4 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $17.00 ,the lowest forecast is $14.50. The average price target represents 20.42% Increase from the current price of $12.98.
              What do analysts say about MGIC Investment?
              MGIC Investment’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 4 Wall Streets Analysts.

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