Q1 EPS Estimates for MGIC Investment Boosted by Roth Capital

MGIC Investment Co. (NYSE:MTG) – Analysts at Roth Capital increased their Q1 2025 earnings per share (EPS) estimates for shares of MGIC Investment in a research note issued to investors on Tuesday, February 4th. Roth Capital analyst H. Fong now expects that the insurance provider will earn $0.63 per share for the quarter, up from their previous 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 issued its quarterly earnings data on Monday, February 3rd. The insurance provider reported $0.72 earnings per share (EPS) 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%.

Several other brokerages have also recently issued reports on MTG. Barclays upped their price objective on MGIC Investment from $25.00 to $26.00 and gave the stock an “equal weight” rating in a report on Wednesday. Keefe, Bruyette & Woods decreased their price target on MGIC Investment from $29.00 to $28.00 and set a “market perform” rating on the stock in a report on Wednesday, January 8th. 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 report on Wednesday. Bank of America downgraded MGIC Investment from a “buy” rating to an “underperform” rating and cut their price objective for the company from $26.00 to $25.00 in a research report on Monday, December 9th. Finally, Royal Bank of Canada cut their price objective on MGIC Investment from $28.00 to $27.00 and set a “sector perform” rating on the stock in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $26.25.

MGIC Investment Stock Down 0.3 %

Shares of MTG opened at $25.44 on Wednesday. The stock has a market capitalization of $6.44 billion, a price-to-earnings ratio of 8.96, a price-to-earnings-growth ratio of 2.02 and a beta of 1.29. MGIC Investment has a 1 year low of $18.68 and a 1 year high of $26.56. The business’s 50 day simple moving average is $24.51 and its 200-day simple moving average is $24.75. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 1.25.

Institutional Investors Weigh In On MGIC Investment

A number of institutional investors have recently added to or reduced their stakes in MTG. Caisse DE Depot ET Placement DU Quebec bought a new stake in MGIC Investment during the third quarter valued at about $13,535,000. Allianz Asset Management GmbH raised its stake in MGIC Investment by 8.2% in the fourth quarter. Allianz Asset Management GmbH now owns 5,495,115 shares of the insurance provider’s stock valued at $130,289,000 after buying an additional 415,586 shares during the last quarter. Vest Financial LLC raised its stake in MGIC Investment by 33.4% in the fourth quarter. Vest Financial LLC now owns 1,485,140 shares of the insurance provider’s stock valued at $35,213,000 after buying an additional 371,882 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in MGIC Investment in the fourth quarter valued at about $8,362,000. Finally, Barclays PLC raised its stake in MGIC Investment by 75.1% in the third quarter. Barclays PLC now owns 457,706 shares of the insurance provider’s stock valued at $11,716,000 after buying an additional 196,252 shares during the last quarter. Institutional investors own 95.58% of the company’s stock.

MGIC Investment Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend is Tuesday, February 18th. MGIC Investment’s payout ratio is 18.31%.

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.