MGIC Investment Q3 EPS Forecast Boosted by Zacks Research

MGIC Investment Co. (NYSE:MTG - Free Report) - Analysts at Zacks Research lifted their Q3 2025 earnings estimates for shares of MGIC Investment in a research note issued to investors on Wednesday, April 16th. Zacks Research analyst R. Department now forecasts that the insurance provider will post earnings per share of $0.71 for the quarter, up from their previous estimate of $0.68. 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 Q4 2025 earnings at $0.70 EPS, FY2025 earnings at $2.72 EPS, Q1 2026 earnings at $0.70 EPS, Q2 2026 earnings at $0.74 EPS and FY2026 earnings at $2.84 EPS.

MGIC Investment (NYSE:MTG - Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The insurance provider reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $0.07. MGIC Investment had a return on equity of 14.86% and a net margin of 63.18%.

A number of other equities research analysts also recently issued reports on the company. Barclays increased their price objective on MGIC Investment from $25.00 to $26.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 5th. Keefe, Bruyette & Woods cut their price objective on MGIC Investment from $28.00 to $26.00 and set a "market perform" rating for the company in a report on Tuesday, April 8th. Compass Point restated a "neutral" rating and issued a $27.00 price objective (up from $24.00) on shares of MGIC Investment in a research report on Wednesday, February 5th. Finally, UBS Group lifted their target price on shares of MGIC Investment from $25.00 to $26.00 and gave the company a "neutral" rating in a research report on Wednesday, February 19th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $26.50.

MGIC Investment Price Performance

NYSE:MTG traded down $0.02 during mid-day trading on Friday, hitting $24.18. 810,534 shares of the stock traded hands, compared to its average volume of 1,798,417. MGIC Investment has a 12-month low of $19.91 and a 12-month high of $26.56. The company has a quick ratio of 1.25, a current ratio of 0.48 and a debt-to-equity ratio of 0.12. The company has a market cap of $5.86 billion, a PE ratio of 8.34 and a beta of 0.93. The business's 50-day moving average price is $23.88 and its 200 day moving average price is $24.48.

Institutional Trading of MGIC Investment

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of MGIC Investment during the 4th quarter worth approximately $85,908,000. First Trust Advisors LP lifted its position in shares of MGIC Investment by 22.4% during the fourth quarter. First Trust Advisors LP now owns 16,008,489 shares of the insurance provider's stock worth $379,561,000 after purchasing an additional 2,928,595 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec increased its stake in MGIC Investment by 292.0% in the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,072,629 shares of the insurance provider's stock worth $49,142,000 after buying an additional 1,543,908 shares during the period. BNP Paribas Financial Markets lifted its holdings in MGIC Investment by 259.4% during the 4th quarter. BNP Paribas Financial Markets now owns 1,105,399 shares of the insurance provider's stock valued at $26,209,000 after buying an additional 797,852 shares in the last quarter. Finally, Invesco Ltd. boosted its position in MGIC Investment by 16.6% in the 4th quarter. Invesco Ltd. now owns 4,766,195 shares of the insurance provider's stock valued at $113,006,000 after buying an additional 677,227 shares during the period. 95.58% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Julie K. Sperber sold 4,600 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $24.55, for a total value of $112,930.00. Following the sale, the chief accounting officer now owns 75,070 shares of the company's stock, valued at approximately $1,842,968.50. This represents a 5.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.05% of the company's stock.

MGIC Investment Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Tuesday, February 18th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend was Tuesday, February 18th. MGIC Investment's dividend payout ratio (DPR) is presently 17.93%.

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.