Magic Software Enterprises Ltd. (NASDAQ:MGIC – Free Report) – Research analysts at William Blair upped their Q3 2025 earnings per share (EPS) estimates for Magic Software Enterprises in a research note issued to investors on Monday, November 18th. William Blair analyst M. Nolan now expects that the software maker will earn $0.26 per share for the quarter, up from their prior 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 equities analysts have also issued reports about the company. Barclays increased their price target on Magic Software Enterprises from $14.00 to $15.00 and gave the company an “overweight” rating in a research note on Tuesday. StockNews.com raised Magic Software Enterprises from a “buy” rating to a “strong-buy” rating in a research note on Wednesday.
Magic Software Enterprises Price Performance
Shares of Magic Software Enterprises stock opened at $10.99 on Wednesday. The stock has a 50 day moving average of $11.30 and a 200 day moving average of $10.96. Magic Software Enterprises has a 12 month low of $8.40 and a 12 month high of $12.99. The firm has a market cap of $539.61 million, a PE ratio of 15.60 and a beta of 1.08. The company has a current ratio of 1.76, a quick ratio of 1.66 and a debt-to-equity ratio of 0.13.
Institutional Investors Weigh In On Magic Software Enterprises
Institutional investors have recently modified their holdings of the stock. Copeland Capital Management LLC bought a new stake in shares of Magic Software Enterprises in the 3rd quarter valued at approximately $47,000. Barclays PLC increased its holdings in Magic Software Enterprises by 4,274.4% during the 3rd quarter. Barclays PLC now owns 5,818 shares of the software maker’s stock worth $69,000 after purchasing an additional 5,685 shares during the period. Public Employees Retirement System of Ohio purchased a new position in shares of Magic Software Enterprises in the 3rd quarter valued at $115,000. CANADA LIFE ASSURANCE Co increased its holdings in shares of Magic Software Enterprises by 722.2% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 15,334 shares of the software maker’s stock valued at $177,000 after acquiring an additional 13,469 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in shares of Magic Software Enterprises in the 1st quarter valued at $593,000. 24.70% of the stock is owned by institutional investors.
Magic Software Enterprises Increases Dividend
The business also recently disclosed a semi-annual dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Monday, December 23rd will be paid a $0.236 dividend. This represents a dividend yield of 3.7%. This is a positive change from Magic Software Enterprises’s previous semi-annual dividend of $0.20. The ex-dividend date of this dividend is Monday, December 23rd. Magic Software Enterprises’s dividend payout ratio (DPR) is presently 58.57%.
Magic Software Enterprises Company Profile
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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