NASDAQ:MGIC Magic Software Enterprises (MGIC) Stock Price, News & Analysis $13.98 -0.23 (-1.58%) As of 12:34 PM Eastern This is a fair market value price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends About Magic Software Enterprises Stock (NASDAQ:MGIC) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get MGIC alerts:Sign Up Key Stats Today's Range$13.65▼$13.9850-Day Range$11.45▼$14.2052-Week Range$9.51▼$14.24Volume69,101 shsAverage Volume54,961 shsMarket Capitalization$686.16 millionP/E Ratio19.89Dividend Yield4.65%Price Target$16.00Consensus RatingModerate Buy Company OverviewMagic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services in Israel and internationally. Its Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. The company's IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. It also offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining business applications; Magic xpi for application integration; Magic xpi cloud native; FactoryEye for virtualization of production data; Magic Data Management and Analytics Platform for data management; and Magic SmartUX for cross-platform mobile business applications. The company also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers. In addition, It provides software maintenance, support, training, and consulting services. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. The company was incorporated in 1983 and is headquartered in Or Yehuda, Israel.Read More… Remove Ads Magic Software Enterprises Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks45th Percentile Overall ScoreMGIC MarketRank™: Magic Software Enterprises scored higher than 45% of companies evaluated by MarketBeat, and ranked 461st out of 660 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingMagic Software Enterprises has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMagic Software Enterprises has only been the subject of 2 research reports in the past 90 days.Read more about Magic Software Enterprises' stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth4.21% Earnings GrowthEarnings for Magic Software Enterprises are expected to grow by 4.21% in the coming year, from $0.95 to $0.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magic Software Enterprises is 20.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Magic Software Enterprises is 20.29, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 42.73.Price to Book Value per Share RatioMagic Software Enterprises has a P/B Ratio of 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Magic Software Enterprises' valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.49% of the float of Magic Software Enterprises has been sold short.Short Interest Ratio / Days to CoverMagic Software Enterprises has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Magic Software Enterprises has recently increased by 13.64%, indicating that investor sentiment is decreasing significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldMagic Software Enterprises pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMagic Software Enterprises does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Magic Software Enterprises is 86.67%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Magic Software Enterprises will have a dividend payout ratio of 65.66% next year. This indicates that Magic Software Enterprises will be able to sustain or increase its dividend.Read more about Magic Software Enterprises' dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.49% of the float of Magic Software Enterprises has been sold short.Short Interest Ratio / Days to CoverMagic Software Enterprises has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Magic Software Enterprises has recently increased by 13.64%, indicating that investor sentiment is decreasing significantly. News and Social Media2.4 / 5News Sentiment0.27 News SentimentMagic Software Enterprises has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 28 news articles for Magic Software Enterprises this week, compared to 2 articles on an average week.Search Interest3 people have searched for MGIC on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Magic Software Enterprises to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership0.0 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Magic Software Enterprises insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.49% of the stock of Magic Software Enterprises is held by insiders.Percentage Held by InstitutionsOnly 24.70% of the stock of Magic Software Enterprises is held by institutions.Read more about Magic Software Enterprises' insider trading history. Receive MGIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Magic Software Enterprises and its competitors with MarketBeat's FREE daily newsletter. Email Address MGIC Stock News HeadlinesMagic Software Enterprises (NASDAQ:MGIC) Price Target Raised to $16.00March 16 at 3:29 AM | americanbankingnews.comMagic Software Enterprises Ltd.: Magic Software and Matrix I.T sign MOU to Consider MergerMarch 15 at 6:19 PM | finanznachrichten.deLying in hospital… staring at the light"Please don’t die on me," the nurse begged as Porter Stansberry lay in a hospital bed, his heart stopped from years of pushing himself too hard. At his lowest point, he realized that everything had gone wrong, and he was forced to rebuild—not just his health, but his entire life and fortune. After clawing his way out of that abyss, Porter discovered a life-changing investment strategy, one that allowed him to rebuild his wealth far faster and with less risk than he ever imagined. This approach helped him earn enormous returns outside of the volatile stock market, and now he’s sharing it with you. While most won’t believe it’s possible, Porter is asking you to open your mind and consider a new way of investing—one that could transform your financial future, just as it did for him.March 18, 2025 | Porter & Company (Ad)Magic Software Enterprises (NASDAQ:MGIC) Upgraded by StockNews.com to "Strong-Buy" RatingMarch 14, 2025 | americanbankingnews.comBarclays Reaffirms Their Buy Rating on Magic (MGIC)March 13, 2025 | markets.businessinsider.comMagic Software price target raised to $16 from $15 at BarclaysMarch 13, 2025 | markets.businessinsider.comMagic Software intends to merge with Matrix, go privateMarch 12, 2025 | markets.businessinsider.comWilliam Blair Downgrades Magic Software Enterprises (MGIC)March 12, 2025 | msn.comSee More Headlines MGIC Stock Analysis - Frequently Asked Questions How have MGIC shares performed this year? Magic Software Enterprises' stock was trading at $12.03 at the beginning of 2025. Since then, MGIC stock has increased by 18.0% and is now trading at $14.20. View the best growth stocks for 2025 here. How were Magic Software Enterprises' earnings last quarter? Magic Software Enterprises Ltd. (NASDAQ:MGIC) issued its quarterly earnings results on Tuesday, March, 11th. The software maker reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by $0.01. The software maker had revenue of $142.58 million for the quarter, compared to analysts' expectations of $137 million. Magic Software Enterprises had a trailing twelve-month return on equity of 15.42% and a net margin of 6.49%. Who are Magic Software Enterprises' major shareholders? Top institutional shareholders of Magic Software Enterprises include Truffle Hound Capital LLC (0.88%), Renaissance Technologies LLC (0.84%), Dimensional Fund Advisors LP (0.49%) and ARK Investment Management LLC (0.34%). How do I buy shares of Magic Software Enterprises? Shares of MGIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Magic Software Enterprises own? Based on aggregate information from My MarketBeat watchlists, some other companies that Magic Software Enterprises investors own include YETI (YETI), Enterprise Products Partners (EPD), Innovative Industrial Properties (IIPR), Academy Sports and Outdoors (ASO), AbbVie (ABBV) and NVIDIA (NVDA). Company Calendar Ex-Dividend for 1/8 Dividend12/23/2024Dividend Payable1/08/2025Last Earnings3/11/2025Today3/17/2025Ex-Dividend for 5/7 Dividend4/22/2025Dividend Payable5/07/2025Next Earnings (Estimated)5/15/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryComputer Software Current SymbolNASDAQ:MGIC CIK876779 Webwww.magicsoftware.com Phone(723) 538-9292Fax972-3538-9333Employees3,680Year Founded1983Price Target and Rating Average Stock Price Target$16.00 High Stock Price Target$16.00 Low Stock Price Target$16.00 Potential Upside/Downside+12.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.75 Trailing P/E Ratio20.29 Forward P/E Ratio14.95 P/E GrowthN/ANet Income$37.03 million Net Margins6.49% Pretax Margin9.58% Return on Equity15.42% Return on Assets8.66% Debt Debt-to-Equity Ratio0.13 Current Ratio1.76 Quick Ratio1.76 Sales & Book Value Annual Sales$552.52 million Price / Sales1.26 Cash Flow$1.56 per share Price / Cash Flow9.11 Book Value$5.93 per share Price / Book2.39Miscellaneous Outstanding Shares49,099,000Free Float46,894,000Market Cap$697.21 million OptionableOptionable Beta1.11 Social Links 7 Energy Stocks to Buy and Hold ForeverWith the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.Get This Free Report This page (NASDAQ:MGIC) was last updated on 3/18/2025 by MarketBeat.com Staff From Our PartnersYour Wealth is Under AttackHave you looked at the stock market recently? 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