Zacks Research Predicts Weaker Earnings for MGIC Investment

MGIC Investment Corporation (NYSE:MTG) – Equities research analysts at Zacks Research dropped their Q1 2026 earnings estimates for MGIC Investment in a report issued on Tuesday, March 10th. Zacks Research analyst Team now anticipates that the insurance provider will post earnings of $0.73 per share for the quarter, down from their previous estimate of $0.74. 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 Q2 2026 earnings at $0.75 EPS, FY2026 earnings at $3.10 EPS, Q1 2027 earnings at $0.81 EPS, Q2 2027 earnings at $0.86 EPS, Q3 2027 earnings at $0.84 EPS and FY2027 earnings at $3.39 EPS.

MTG has been the topic of a number of other reports. Weiss Ratings cut MGIC Investment from a “buy (a-)” rating to a “buy (b+)” rating in a report on Thursday, February 5th. Barclays decreased their price target on shares of MGIC Investment from $30.00 to $28.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 4th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of MGIC Investment from $27.00 to $28.00 and gave the stock a “market perform” rating in a report 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.com, the company has a consensus rating of “Hold” and an average price target of $28.00.

MGIC Investment Trading Down 2.0%

Shares of MGIC Investment stock opened at $25.87 on Wednesday. The stock has a market capitalization of $5.56 billion, a PE ratio of 8.24, a price-to-earnings-growth ratio of 2.10 and a beta of 0.83. MGIC Investment has a 52 week low of $21.94 and a 52 week high of $29.97. The stock has a 50 day moving average price of $26.98 and a two-hundred day moving average price of $27.73. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.52 and a current ratio of 1.52.

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Alpine Bank Wealth Management purchased a new stake in MGIC Investment in the 3rd quarter valued at about $28,000. Newbridge Financial Services Group Inc. bought a new position in shares of MGIC Investment in the third quarter valued at approximately $28,000. SBI Securities Co. Ltd. grew its holdings in shares of MGIC Investment by 61.1% in the third quarter. SBI Securities Co. Ltd. now owns 1,041 shares of the insurance provider’s stock valued at $30,000 after acquiring an additional 395 shares in the last quarter. Employees Retirement System of Texas purchased a new stake in shares of MGIC Investment during the second quarter valued at approximately $32,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in MGIC Investment by 118.0% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,308 shares of the insurance provider’s stock worth $36,000 after acquiring an additional 708 shares during the period. 95.58% of the stock is owned by institutional investors.

Insider Activity at MGIC Investment

In related news, CEO Timothy J. Mattke sold 139,203 shares of the stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $26.51, for a total value of $3,690,271.53. Following the completion of the sale, the chief executive officer directly owned 822,588 shares of the company’s stock, valued at approximately $21,806,807.88. This represents a 14.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Salvatore A. Miosi sold 30,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $27.27, for a total value of $818,100.00. Following the transaction, the chief operating officer owned 454,245 shares in the company, valued at approximately $12,387,261.15. This trade represents a 6.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 189,203 shares of company stock valued at $5,058,572 over the last 90 days. Insiders own 1.05% of the company’s stock.

MGIC Investment Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Tuesday, February 17th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Tuesday, February 17th. MGIC Investment’s dividend payout ratio (DPR) is currently 19.11%.

About MGIC Investment

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.