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$23.70
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MGIC Investment
MTGNYSE
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the Bulls & Bears Say?
MGIC Investment (NYSE:MTG) Stock, Analyst Ratings, Price Targets, Forecasts
MGIC Investment Corp has a consensus price target of $20.11 based on the ratings of 9 analysts. The high is $25 issued by Keefe, Bruyette & Woods on June 3, 2024. The low is $14 issued by Barclays on January 6, 2023. The 3 most-recent analyst ratings were released by Barclays, Keefe, Bruyette & Woods, and UBS on July 9, 2024, June 3, 2024, and May 22, 2024, respectively. With an average price target of $22.67 between Barclays, Keefe, Bruyette & Woods, and UBS, there's an implied -4.36% downside for MGIC Investment Corp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Barclays
Keefe, Bruyette & Woods
UBS
Roth MKM
RBC Capital
1calculated from analyst ratings
Analyst Ratings for MGIC Investment
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/09/2024 | Buy Now | -11.39% | Barclays | Terry Ma | $20 → $21 | Maintains | Equal-Weight | Get Alert |
| 06/03/2024 | Buy Now | 5.49% | Keefe, Bruyette & Woods | Bose George | $24 → $25 | Upgrade | Market Perform → Outperform | Get Alert |
| 05/22/2024 | Buy Now | -7.17% | UBS | Douglas Harter | $21 → $22 | Maintains | Neutral | Get Alert |
| 04/04/2024 | Buy Now | 1.27% | Keefe, Bruyette & Woods | Bose George | $23.5 → $24 | Downgrade | Outperform → Market Perform | Get Alert |
| 02/02/2024 | Buy Now | 1.27% | Roth MKM | Harry Fong | $21 → $24 | Maintains | Buy | Get Alert |
| 02/02/2024 | Buy Now | -11.39% | RBC Capital | Scott Heleniak | $18 → $21 | Maintains | Sector Perform | Get Alert |
| 12/06/2023 | Buy Now | -21.94% | UBS | Douglas Harter | → $18.5 | Initiates | → Neutral | Get Alert |
| 11/15/2023 | Buy Now | -19.83% | Barclays | Terry Ma | → $19 | Initiates | → Equal-Weight | Get Alert |
| 08/04/2023 | Buy Now | -24.05% | RBC Capital | Mark Dwelle | $17 → $18 | Maintains | Sector Perform | Get Alert |
| 07/06/2023 | Buy Now | — | RBC Capital | Mark Dwelle | — | Downgrade | Outperform → Sector Perform | Get Alert |
| 05/05/2023 | Buy Now | -24.05% | Keefe, Bruyette & Woods | Bose George | $17 → $18 | Maintains | Outperform | Get Alert |
| 04/11/2023 | Buy Now | -24.05% | Compass Point | Giuliano Bologna | → $18 | Upgrade | Neutral → Buy | Get Alert |
| 01/06/2023 | Buy Now | -40.93% | Barclays | Mark Devries | $16 → $14 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 11/09/2022 | Buy Now | -38.82% | Compass Point | Giuliano Bologna | $19 → $14.5 | Downgrade | Buy → Neutral | Get Alert |
| 10/13/2022 | Buy Now | -32.49% | Barclays | Mark Devries | $23 → $16 | Maintains | Overweight | Get Alert |
| 08/18/2022 | Buy Now | -24.05% | B of A Securities | Mihir Bhatia | → $18 | Upgrade | Neutral → Buy | Get Alert |
| 06/23/2022 | Buy Now | -32.49% | RBC Capital | Mark Dwelle | $15 → $16 | Upgrade | Sector Perform → Outperform | Get Alert |
| 01/10/2022 | Buy Now | -2.95% | Barclays | Mark Devries | $19 → $23 | Maintains | Overweight | Get Alert |
| 11/17/2021 | Buy Now | -30.38% | B of A Securities | Mihir Bhatia | — | Downgrade | Buy → Neutral | Get Alert |
| 08/06/2021 | Buy Now | -32.49% | RBC Capital | Mark Dwelle | — | Maintains | Sector Perform | Get Alert |
| 08/06/2021 | Buy Now | -19.83% | Barclays | Mark Devries | — | Maintains | Overweight | Get Alert |
FAQ
What is the target price for MGIC Investment (MTG) stock?
The latest price target for MGIC Investment (NYSE:MTG) was reported by Barclays on July 9, 2024. The analyst firm set a price target for $21.00 expecting MTG to fall to within 12 months (a possible -11.39% downside). 9 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for MGIC Investment (MTG)?
The latest analyst rating for MGIC Investment (NYSE:MTG) was provided by Barclays, and MGIC Investment maintained their equal-weight rating.
When was the last upgrade for MGIC Investment (MTG)?
The last upgrade for MGIC Investment Corp happened on June 3, 2024 when Keefe, Bruyette & Woods raised their price target to $25. Keefe, Bruyette & Woods previously had a market perform for MGIC Investment Corp.
When was the last downgrade for MGIC Investment (MTG)?
The last downgrade for MGIC Investment Corp happened on April 4, 2024 when Keefe, Bruyette & Woods changed their price target from $23.5 to $24 for MGIC Investment Corp.
When is the next analyst rating going to be posted or updated for MGIC Investment (MTG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MGIC Investment, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MGIC Investment was filed on July 9, 2024 so you should expect the next rating to be made available sometime around July 9, 2025.
Is the Analyst Rating MGIC Investment (MTG) correct?
While ratings are subjective and will change, the latest MGIC Investment (MTG) rating was a maintained with a price target of $20.00 to $21.00. The current price MGIC Investment (MTG) is trading at is $23.70, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.