Q1 EPS Estimates for MGIC Investment Decreased by Analyst

MGIC Investment Corporation (NYSE:MTG) – Equities research analysts at Zacks Research lowered their Q1 2027 EPS 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. Zacks Research also issued estimates for MGIC Investment’s Q2 2027 earnings at $0.87 EPS, Q3 2027 earnings at $0.85 EPS, Q4 2027 earnings at $0.87 EPS, FY2027 earnings at $3.42 EPS and FY2028 earnings at $3.63 EPS.

Several other equities analysts have also commented on MTG. Barclays dropped their target price on 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. Weiss Ratings downgraded shares of MGIC Investment from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, February 5th. Finally, Keefe, Bruyette & Woods increased 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 analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $28.00.

MGIC Investment Stock Up 1.1%

MTG opened at $26.82 on Wednesday. The firm 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’s fifty day simple moving average is $27.53 and its 200 day simple moving average is $27.79. MGIC Investment has a 52 week low of $21.94 and a 52 week high of $29.97. 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 earnings results on Monday, February 2nd. The insurance provider reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 last year, the company posted $0.72 EPS. The company’s quarterly revenue was down .9% compared to the same quarter last year.

Institutional Investors Weigh In On MGIC Investment

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

Insiders Place Their Bets

In other MGIC Investment news, COO Salvatore A. Miosi sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $27.27, for a total transaction of $818,100.00. Following the completion of the sale, the chief operating officer directly owned 454,245 shares in the company, valued at $12,387,261.15. The trade was a 6.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Paula C. Maggio sold 20,000 shares of the stock in a transaction on Friday, February 6th. The shares were sold at an average price of $27.51, for a total value of $550,200.00. Following the completion of the sale, the executive vice president owned 114,689 shares of the company’s stock, valued at approximately $3,155,094.39. This represents a 14.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 189,203 shares of company stock worth $5,058,572 over the last ninety days. 1.05% of the stock is owned by company insiders.

MGIC Investment Dividend Announcement

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

Key Stories Impacting MGIC Investment

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.