MGIC Investment Q2 EPS Forecast Increased by Zacks Research

MGIC Investment Co. (NYSE:MTG) – Stock analysts at Zacks Research raised their Q2 2025 EPS estimates for shares of MGIC Investment in a note issued to investors on Monday, May 19th. Zacks Research analyst R. Department now expects that the insurance provider will post earnings of $0.68 per share for the quarter, up from their previous estimate of $0.67. The consensus estimate for MGIC Investment’s current full-year earnings is $2.71 per share. Zacks Research also issued estimates for MGIC Investment’s Q4 2025 earnings at $0.71 EPS, Q2 2026 earnings at $0.77 EPS, Q3 2026 earnings at $0.72 EPS, Q4 2026 earnings at $0.76 EPS, FY2026 earnings at $2.95 EPS and Q1 2027 earnings at $0.93 EPS.

MGIC Investment (NYSE:MTG) last issued its quarterly earnings data on Wednesday, April 30th. The insurance provider reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. MGIC Investment had a net margin of 63.18% and a return on equity of 14.86%. The firm had revenue of $306.23 million for the quarter, compared to analyst estimates of $306.66 million. During the same quarter in the previous year, the business posted $0.65 EPS. The firm’s revenue was up 4.0% compared to the same quarter last year.

A number of other equities analysts have also commented on the stock. Compass Point reiterated a “neutral” rating and issued a $27.00 price objective (up previously from $24.00) on shares of MGIC Investment in a report on Wednesday, February 5th. Barclays upped their target price on shares of MGIC Investment from $25.00 to $26.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 5th. Keefe, Bruyette & Woods cut their target price on shares of MGIC Investment from $28.00 to $26.00 and set a “market perform” rating on the stock in a research note on Tuesday, April 8th. Finally, UBS Group upped their target price on shares of MGIC Investment from $25.00 to $26.00 and gave the company a “neutral” rating in a research note on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $26.50.

MGIC Investment Stock Performance

Shares of MTG stock opened at $26.00 on Wednesday. MGIC Investment has a 12 month low of $20.11 and a 12 month high of $26.92. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.48 and a quick ratio of 1.25. The firm has a market capitalization of $6.17 billion, a P/E ratio of 8.96 and a beta of 0.91. The company’s fifty day moving average price is $24.68 and its two-hundred day moving average price is $24.54.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its holdings in shares of MGIC Investment by 88.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,745 shares of the insurance provider’s stock valued at $43,000 after acquiring an additional 817 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of MGIC Investment by 5,891.9% in the first quarter. Jane Street Group LLC now owns 1,373,050 shares of the insurance provider’s stock valued at $34,024,000 after acquiring an additional 1,350,135 shares in the last quarter. Bayforest Capital Ltd boosted its holdings in shares of MGIC Investment by 95.8% in the first quarter. Bayforest Capital Ltd now owns 10,654 shares of the insurance provider’s stock valued at $264,000 after acquiring an additional 5,214 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of MGIC Investment by 2.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,239,395 shares of the insurance provider’s stock valued at $30,712,000 after acquiring an additional 32,904 shares in the last quarter. Finally, Caxton Associates LLP bought a new position in shares of MGIC Investment in the first quarter valued at approximately $1,752,000. 95.58% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CAO Julie K. Sperber sold 4,600 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $24.55, for a total value of $112,930.00. Following the completion of the transaction, the chief accounting officer now directly owns 75,070 shares in the company, valued at $1,842,968.50. This trade represents a 5.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.41% of the stock is owned by insiders.

MGIC Investment Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Thursday, May 8th were given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.00%. The ex-dividend date was Thursday, May 8th. MGIC Investment’s dividend payout ratio (DPR) is 17.28%.

MGIC Investment announced that its Board of Directors has authorized a share buyback program on Thursday, April 24th that allows the company to buyback $750.00 million in shares. This buyback authorization allows the insurance provider to purchase up to 12.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

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.