MGIC Investment Q4 EPS Forecast Lowered by Zacks Research

MGIC Investment Corporation (NYSE:MTG) – Investment analysts at Zacks Research cut their Q4 2026 earnings estimates for shares of MGIC Investment in a report issued on Monday, February 23rd. Zacks Research analyst Team now expects that the insurance provider will post earnings per share of $0.83 for the quarter, down from their prior forecast of $0.84. The consensus estimate for MGIC Investment’s current full-year earnings is $2.71 per share.

Other research analysts have also recently issued reports about the company. Weiss Ratings cut MGIC Investment from a “buy (a-)” rating to a “buy (b+)” rating in a report on Thursday, February 5th. Barclays reduced their price objective on shares of MGIC Investment from $30.00 to $28.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 4th. Finally, Keefe, Bruyette & Woods increased their target price on shares of MGIC Investment from $27.00 to $28.00 and gave the stock a “market perform” rating in a research note on Thursday, December 18th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, MGIC Investment has an average rating of “Hold” and a consensus target price of $28.00.

MGIC Investment Stock Up 1.1%

Shares of NYSE:MTG opened at $26.82 on Thursday. MGIC Investment has a 52-week low of $21.94 and a 52-week high of $29.97. The stock has a market cap of $6.00 billion, a P/E ratio of 8.54, a PEG ratio of 2.10 and a beta of 0.83. The business has a fifty day moving average of $27.53 and a two-hundred day moving average of $27.79. The company has a quick ratio of 1.48, a current ratio of 0.78 and a debt-to-equity ratio of 0.13.

MGIC Investment (NYSE:MTG) last posted its quarterly earnings results on Monday, February 2nd. The insurance provider reported $0.75 EPS for the quarter, beating the consensus estimate of $0.73 by $0.02. MGIC Investment had a return on equity of 14.33% and a net margin of 60.84%.During the same period in the previous year, the firm earned $0.72 earnings per share. The business’s revenue was down .9% compared to the same quarter last year.

MGIC Investment Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Tuesday, February 17th will be issued a $0.15 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.2%. MGIC Investment’s payout ratio is 19.11%.

Insider Buying and Selling

In other MGIC Investment news, EVP Paula C. Maggio sold 20,000 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $27.51, for a total transaction of $550,200.00. Following the sale, the executive vice president directly owned 114,689 shares in the company, valued at $3,155,094.39. This represents a 14.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Timothy J. Mattke sold 139,203 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $26.51, for a total transaction of $3,690,271.53. Following the completion of the transaction, the chief executive officer directly owned 822,588 shares of the company’s stock, valued at $21,806,807.88. This represents a 14.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 189,203 shares of company stock valued at $5,058,572 in the last ninety days. Company insiders own 1.05% of the company’s stock.

Institutional Investors Weigh In On MGIC Investment

Hedge funds and other institutional investors have recently modified their holdings of the company. True Wealth Design LLC boosted its position in shares of MGIC Investment by 262.5% in the 2nd quarter. True Wealth Design LLC now owns 1,004 shares of the insurance provider’s stock valued at $28,000 after purchasing an additional 727 shares during the period. Alpine Bank Wealth Management purchased a new stake in shares of MGIC Investment in the third quarter valued at approximately $28,000. Newbridge Financial Services Group Inc. acquired a new position in shares of MGIC Investment during the 3rd quarter worth $28,000. Hantz Financial Services Inc. increased its holdings in MGIC Investment by 3,067.6% in the second quarter. Hantz Financial Services Inc. now owns 1,077 shares of the insurance provider’s stock valued at $30,000 after buying an additional 1,043 shares in the last quarter. Finally, SBI Securities Co. Ltd. raised its holdings in MGIC Investment by 61.1% during the third quarter. SBI Securities Co. Ltd. now owns 1,041 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 395 shares during the last quarter. 95.58% of the stock is currently owned by institutional investors and hedge funds.

MGIC Investment News Roundup

Here are the key news stories impacting MGIC Investment this week:

• Neutral Sentiment: Independent analysis revisited MTG’s intrinsic valuation and discount, which may encourage value-oriented buying despite mixed near-term outlooks. Assessing MGIC Investment (MTG) Valuation After Recent Reappraisal Of Its Intrinsic Discount
• Negative Sentiment: Zacks Research cut its FY2027 EPS view for MGIC to $3.42 (from $3.52) and issued updated quarterly schedules for FY2027 (Q1–Q4) and an FY2028 projection of $3.63 — revisions that lower near-term earnings expectations and could pressure sentiment for an insurer whose valuation is sensitive to earnings trajectory.
• Negative Sentiment: Zacks also trimmed several quarter-specific forecasts: Q1–Q4 2027 and Q3/Q4 2027 saw downward revisions (examples include Q1 2027 to $0.83, Q2 2027 to $0.87, Q3 2027 to $0.85, Q4 2027 to $0.87). Separately, Zacks modestly lowered its Q4 2026 estimate to $0.83 from $0.84 — a series of cuts that signal weaker near-term profitability than previously modeled.

MGIC Investment Company Profile

MGIC Investment Corporation (NYSE: MTG) is a leading provider of private mortgage insurance in the United States. Established in 1957 as the nation’s first private mortgage insurer, MGIC helps lenders manage credit risk and facilitates homeownership by protecting mortgage loans against default. Headquartered in Milwaukee, Wisconsin, the company operates through its principal subsidiary, Mortgage Guaranty Insurance Corporation, and maintains relationships with a broad network of originators and servicers nationwide.

The company’s primary business activity involves issuing mortgage insurance policies that enable borrowers to purchase homes with down payments below traditional lending thresholds.