MGIC INVESTMENT CORP (MTG) Forecast, Price Target & Analyst Ratings

NYSE:MTGUS5528481030

Current stock price

26.015 USD
-0.09 (-0.36%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MGIC INVESTMENT CORP (MTG).

Forecast Snapshot

Consensus Price Target

Price Target
$28.99
+ 11.42% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 28, 2026
Period
Q1 / 2026
EPS Estimate
$0.75
Revenue Estimate
307.15M

ChartMill Buy Consensus

Rating
50.00%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$28.99
Upside
+ 11.42%
From current price of $26.02 to mean target of $28.99, Based on 12 analyst forecasts
Low
$27.27
Median
$28.56
High
$31.50

Price Target Revisions

1 Month
-1.16%
3 Months
2.71%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for MTG. The average price target is 28.99 USD. This implies a price increase of 11.42% is expected in the next year compared to the current price of 26.015.
The average price target has been revised upward by 2.71% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

MTG Current Analyst RatingMTG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

MTG Historical Analyst RatingsMTG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10

Analyst Ratings Consensus

ChartMill Buy Consensus
50.00%
MTG was analyzed by 12 analysts. The buy percentage consensus is at 50. So analysts seem to be rather neutral about MTG.
In the previous month the buy percentage consensus was at a similar level.
MTG was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-12UBSMaintains Neutral -> Neutral
2026-02-04BarclaysMaintains Equal-Weight -> Equal-Weight
2026-01-06BarclaysMaintains Equal-Weight -> Equal-Weight
2025-12-18Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-10-06BarclaysMaintains Equal-Weight -> Equal-Weight
2025-07-08BarclaysMaintains Equal-Weight -> Equal-Weight
2025-07-07Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-05-23Compass PointMaintains Neutral -> Neutral
2025-04-08Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2025-02-19UBSMaintains Neutral -> Neutral
2025-02-05Compass PointDowngrade Buy -> Neutral
2025-02-05BarclaysMaintains Equal-Weight -> Equal-Weight
2025-01-08Keefe, Bruyette & WoodsMaintains Market Perform -> Market Perform
2024-12-10Keefe, Bruyette & WoodsDowngrade Outperform -> Market Perform
2024-12-09B of A SecuritiesDowngrade Buy -> Underperform
2024-11-06RBC CapitalMaintains Sector Perform -> Sector Perform
2024-10-08BarclaysMaintains Equal-Weight -> Equal-Weight
2024-08-05BTIGMaintains Buy -> Buy
2024-08-02Roth MKMMaintains Buy -> Buy
2024-08-02BarclaysMaintains Equal-Weight -> Equal-Weight
2024-07-09BarclaysMaintains Equal-Weight -> Equal-Weight
2024-06-03Keefe, Bruyette & WoodsUpgrade Market Perform -> Outperform
2024-05-22UBSMaintains Neutral -> Neutral
2024-04-04Keefe, Bruyette & WoodsDowngrade Outperform -> Market Perform
2024-02-02Roth MKMMaintains Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 28, 2026
Period
Q1 / 2026
EPS Estimate
$0.75
Revenue Estimate
307.15M
Revenue Q2Q
0.30%
EPS Q2Q
0.33%
Number of Analysts
6

Next Earnings Revisions

Revenue (1 Month)
-0.71%
Revenue (3 Months)
-2.41%
EPS (1 Month)
0.22%
EPS (3 Months)
-3.25%

Next Earnings Summary

MTG is expected to report earnings on 4/28/2026. The consensus EPS estimate for the next earnings is 0.75 USD and the consensus revenue estimate is 307.15M USD.
The next earnings revenue estimate has been revised downward by 2.41% in the past 3 months.

Full Analyst Estimates 2026 - 2028

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
MTG revenue by date.MTG revenue by date.
1.155B
-1.51%
1.208B
4.56%
1.214B
0.49%
1.244B
2.50%
1.264B
1.61%
1.278B
1.11%
EBITDA
YoY % growth
MTG ebitda by date.MTG ebitda by date.
974.364M
-20.95%
1.023B
4.97%
971.089M
-5.05%
N/AN/AN/A
EBIT
YoY % growth
MTG ebit by date.MTG ebit by date.
939.134M
-20.30%
1.004B
6.94%
964.14M
-4.00%
878.09M
-8.93%
880.28M
0.25%
865.15M
-1.72%
Operating Margin
MTG operating margin by date.MTG operating margin by date.
81.30%83.16%79.44%70.59%69.64%67.70%
EPS
YoY % growth
MTG eps by date.MTG eps by date.
2.53
-13.65%
2.91
15.02%
3.15
8.25%
3.05
-3.06%
3.29
7.61%
3.24
-1.33%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth
0.75
0.33%
0.77
-5.98%
0.81
-2.65%
0.82
9.42%
0.85
12.75%
0.90
16.59%
0.92
14.37%
0.94
15.08%
Revenue
Q2Q % growth
307.15M
0.30%
312.49M
2.71%
319.91M
5.06%
322.81M
8.09%
325.91M
6.11%
328.48M
5.12%
331.65M
3.67%
334.41M
3.59%
EBITDA
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MTG Yearly Revenue VS EstimatesMTG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M 1B
MTG Yearly EPS VS EstimatesMTG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
0.97%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
1.12%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A

MGIC INVESTMENT CORP / MTG Forecast FAQ

Can you provide the average price target for MGIC INVESTMENT CORP stock?

12 analysts have analysed MTG and the average price target is 28.99 USD. This implies a price increase of 11.42% is expected in the next year compared to the current price of 26.015.

Can you provide the upcoming earnings date for MGIC INVESTMENT CORP?

MGIC INVESTMENT CORP (MTG) will report earnings on 2026-04-28, after the market close.

Can you provide the consensus estimates for MGIC INVESTMENT CORP next earnings?

The consensus EPS estimate for the next earnings of MGIC INVESTMENT CORP (MTG) is 0.75 USD and the consensus revenue estimate is 307.15M USD.

Can you provide the analyst count for MGIC INVESTMENT CORP stock?

The number of analysts covering MGIC INVESTMENT CORP (MTG) is 12.