Q2 EPS Estimates for MGIC Investment Boosted by Roth Capital

MGIC Investment Co. (NYSE:MTG) – Roth Capital raised their Q2 2025 EPS estimates for shares of MGIC Investment in a research report issued on Wednesday, May 21st. Roth Capital analyst H. Fong now forecasts that the insurance provider will post earnings of $0.69 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. Roth Capital also issued estimates for MGIC Investment’s Q3 2025 earnings at $0.71 EPS, Q4 2025 earnings at $0.74 EPS, FY2025 earnings at $2.90 EPS, Q1 2026 earnings at $0.74 EPS, Q2 2026 earnings at $0.76 EPS, Q3 2026 earnings at $0.79 EPS and FY2026 earnings at $3.10 EPS.

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

MGIC Investment Stock Up 0.6%

Shares of NYSE:MTG opened at $26.13 on Thursday. The company has a market capitalization of $6.20 billion, a PE ratio of 9.01 and a beta of 0.91. The company has a current ratio of 0.48, a quick ratio of 1.25 and a debt-to-equity ratio of 0.12. MGIC Investment has a twelve month low of $20.11 and a twelve month high of $26.92. The firm has a 50 day simple moving average of $24.74 and a 200-day simple moving average of $24.56.

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

MGIC Investment Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Thursday, May 8th were paid a $0.13 dividend. The ex-dividend date was Thursday, May 8th. This represents a $0.52 annualized dividend and a yield of 1.99%. MGIC Investment’s dividend payout ratio is currently 17.28%.

MGIC Investment declared that its Board of Directors has approved a share buyback program on Thursday, April 24th that permits the company to buyback $750.00 million in shares. This buyback authorization permits the insurance provider to buy up to 12.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its shares are undervalued.

Hedge Funds Weigh In On MGIC Investment

Large investors have recently bought and sold shares of the company. WPG Advisers LLC purchased a new position in MGIC Investment during the 1st quarter worth $26,000. Cullen Frost Bankers Inc. purchased a new position in MGIC Investment during the 1st quarter worth $33,000. Quarry LP purchased a new position in MGIC Investment during the 1st quarter worth $38,000. UMB Bank n.a. raised its position in MGIC Investment by 131.9% during the 4th quarter. UMB Bank n.a. now owns 1,649 shares of the insurance provider’s stock worth $39,000 after buying an additional 938 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its position in MGIC Investment by 102.1% during the 4th quarter. Venturi Wealth Management LLC now owns 1,817 shares of the insurance provider’s stock worth $43,000 after buying an additional 918 shares during the last quarter. Hedge funds and other institutional investors own 95.58% of the company’s stock.

About MGIC Investment

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.