MGIC Investment - MTG Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $18.33
  • Forecasted Upside: 43.01 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$12.82
▼ -0.25 (-1.91%)

This chart shows the closing price for MTG by one month, three months, or twelve months.

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Analyst Price Target for MTG

Analyst Price Target is $18.33
▲ +43.01% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for MGIC Investment in the last 3 months. The average price target is $18.33, with a high forecast of $23.00 and a low forecast of $16.00. The average price target represents a 43.01% upside from the last price of $12.82.

This chart shows the closing price for MTG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 5 polled investment analysts is to buy stock in MGIC Investment. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/9/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/8/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/6/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/4/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/4/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/3/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/1/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/1/2022

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/22/2022Credit Suisse GroupBoost Target$17.00Low
8/18/2022Bank of AmericaUpgradeNeutral ➝ Buy$18.00Low
6/23/2022Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$15.00 ➝ $16.00Low
4/12/2022BTIG ResearchLower Target$18.00 ➝ $17.00Low
1/10/2022BarclaysBoost TargetOverweight$19.00 ➝ $23.00High
11/17/2021Bank of AmericaDowngradeBuy ➝ Neutral$16.00 ➝ $16.50Medium
10/13/2021B. RileyBoost TargetBuy$18.00 ➝ $19.00Medium
10/11/2021Credit Suisse GroupBoost TargetAverage ➝ Neutral$15.00 ➝ $16.00Low
8/19/2021B. RileyBoost TargetBuy$17.00 ➝ $18.00Low
8/6/2021Royal Bank of CanadaBoost TargetSector Perform$15.00 ➝ $16.00Low
8/6/2021BarclaysBoost TargetOverweight$18.00 ➝ $19.00Medium
7/7/2021B. RileyReiterated RatingBuy$16.00 ➝ $17.00Low
5/7/2021BTIG ResearchBoost TargetBuy$16.00 ➝ $17.00Low
12/17/2020BTIG ResearchBoost TargetBuy$13.00 ➝ $16.00High
11/16/2020B. RileyBoost TargetBuy$13.00 ➝ $14.00High
11/5/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$15.00 ➝ $16.00High
10/8/2020MKM PartnersBoost Target$12.00 ➝ $14.00Low
10/6/2020Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$13.00High
8/5/2020BTIG ResearchReiterated RatingBuy$13.00Low
6/18/2020B. RileyReiterated RatingBuy$13.00High
6/9/2020Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$13.00 ➝ $12.00High
5/26/2020Compass PointLower TargetBuy$14.00 ➝ $13.75High
5/11/2020BarclaysLower TargetOverweight$11.00 ➝ $10.00Medium
5/10/2020BTIG ResearchReiterated RatingBuy$13.00Low
5/10/2020Royal Bank of CanadaReiterated RatingHold$9.00Low
4/14/2020Deutsche Bank AktiengesellschaftLower TargetBuy$18.50 ➝ $14.00High
4/6/2020B. RileyLower TargetBuy$14.00 ➝ $12.00High
4/1/2020Bank of AmericaUpgradeUnderperform ➝ BuyHigh
3/26/2020Royal Bank of CanadaLower TargetSector Perform$16.00 ➝ $9.00High
3/23/2020B. RileyLower TargetBuy$17.00 ➝ $14.00High
3/11/2020B. RileyLower TargetBuy$19.00 ➝ $17.00High
2/6/2020BTIG ResearchReiterated RatingBuy$18.00Low
12/19/2019B. RileyBoost TargetBuy$18.00 ➝ $19.00Low
10/23/2019Deutsche Bank AktiengesellschaftBoost TargetBuy$18.00 ➝ $18.50Low
10/15/2019B. RileyReiterated RatingBuyHigh
12/14/2018BarclaysSet TargetBuy$14.00Medium
12/11/2018Keefe, Bruyette & WoodsReiterated RatingBuy$18.00Low
10/22/2018Compass PointBoost TargetBuy ➝ Buy$14.50 ➝ $16.50Medium
10/21/2018Royal Bank of CanadaReiterated RatingHold$14.00Medium
10/18/2018Susquehanna BancsharesSet TargetBuy$17.00Low
8/13/2018Bank of AmericaBoost TargetUnderperform ➝ Underperform$13.00 ➝ $23.00Medium
8/7/2018B. RileyBoost TargetBuy ➝ Buy$14.00 ➝ $16.00Low
6/13/2018Bank of AmericaDowngradeNeutral ➝ UnderperformLow
5/8/2018Wells Fargo & CompanyReiterated RatingHoldLow
4/27/2018Wells Fargo & CompanyReiterated RatingHoldMedium
4/22/2018BTIG ResearchReiterated RatingBuy$18.00Medium
4/19/2018Wells Fargo & CompanyDowngradeOutperform ➝ Market Perform$10.50 ➝ $12.00Medium
4/18/2018Wells Fargo & CompanyReiterated RatingOutperform ➝ Market Perform$17.00High
4/11/2018BarclaysLower TargetOverweight ➝ Buy$18.00 ➝ $16.00Low
4/10/2018Susquehanna BancsharesSet TargetBuy$16.00Medium
4/10/2018Deutsche Bank AktiengesellschaftLower TargetBuy ➝ Buy$18.00 ➝ $15.00Medium
4/10/2018B. RileyLower TargetBuy ➝ Buy$19.00 ➝ $18.00Medium
4/10/2018Royal Bank of CanadaReiterated RatingOutperform ➝ Sector Perform$12.00 ➝ $20.00High
4/10/2018Keefe, Bruyette & WoodsReiterated RatingBuy$16.00High
4/10/2018Bank of AmericaDowngradeBuy ➝ Neutral$12.00High
4/10/2018Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$12.00 ➝ $20.00High
4/9/2018Wells Fargo & CompanySet TargetBuy$18.00High
3/14/2018Wells Fargo & CompanyReiterated RatingBuyHigh
3/14/2018MacquarieInitiated CoverageOutperform$17.00High
3/8/2018Wells Fargo & CompanyReiterated RatingBuyMedium
2/8/2018Wells Fargo & CompanyReiterated RatingBuyHigh
1/18/2018B. RileyReiterated RatingBuy$19.00Low
1/8/2018Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$15.00 ➝ $18.00Low
12/20/2017BTIG ResearchBoost TargetBuy ➝ Buy$16.00 ➝ $18.00High
12/20/2017Royal Bank of CanadaInitiated CoverageOutperform$18.00High
12/8/2017Wells Fargo & CompanyReiterated RatingBuyLow
11/28/2017Wells Fargo & CompanyReiterated RatingMarket Perform ➝ Outperform$17.00High
11/6/2017B. RileyReiterated RatingBuyN/A
11/3/2017Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$13.50N/A
10/20/2017Bank of AmericaBoost TargetBuy$13.00 ➝ $16.00N/A
10/19/2017MKM PartnersBoost TargetBuy$16.00N/A
10/19/2017BarclaysBoost TargetOverweight$13.00 ➝ $15.00N/A
10/18/2017FBR & Co.Reiterated RatingBuyN/A
10/14/2017BTIG ResearchReiterated RatingBuy$14.00N/A
10/11/2017Compass PointReiterated RatingBuy$13.00 ➝ $15.25N/A
(Data available from 10/1/2017 forward)

News Sentiment Rating

0.71 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/5/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/4/2022
  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/4/2022
  • 4 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/3/2022
  • 9 very positive mentions
  • 3 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
7/3/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/2/2022
  • 7 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/1/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/1/2022

Current Sentiment

  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
MGIC Investment logo
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, 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. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
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Today's Range

Now: $12.82
Low: $12.78
High: $13.17

50 Day Range

MA: $14.25
Low: $12.82
High: $15.56

52 Week Range

Now: $12.82
Low: $11.38
High: $16.84

Volume

4,051,128 shs

Average Volume

2,411,621 shs

Market Capitalization

$3.89 billion

P/E Ratio

5.53

Dividend Yield

3.06%

Beta

1.44

Frequently Asked Questions

What sell-side analysts currently cover shares of MGIC Investment?

The following equities research analysts have issued research reports on MGIC Investment in the last twelve months: B. Riley, Bank of America Co., Barclays PLC, BTIG Research, Credit Suisse Group AG, Royal Bank of Canada, and StockNews.com.
View the latest analyst ratings for MTG.

What is the current price target for MGIC Investment?

6 Wall Street analysts have set twelve-month price targets for MGIC Investment in the last year. Their average twelve-month price target is $18.33, suggesting a possible upside of 43.0%. Barclays PLC has the highest price target set, predicting MTG will reach $23.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $16.00 for MGIC Investment in the next year.
View the latest price targets for MTG.

What is the current consensus analyst rating for MGIC Investment?

MGIC Investment currently has 1 hold rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MTG will outperform the market and that investors should add to their positions of MGIC Investment.
View the latest ratings for MTG.

What other companies compete with MGIC Investment?

How do I contact MGIC Investment's investor relations team?

MGIC Investment's physical mailing address is 250 EAST KILBOURN AVENUE, MILWAUKEE WI, 53202. The insurance provider's listed phone number is (414) 347-6480 and its investor relations email address is [email protected] The official website for MGIC Investment is mtg.mgic.com. Learn More about contacing MGIC Investment investor relations.