$19.58
0.20[1.03%]
At close: Apr 18
$19.58
0[0.00%]
After Hours: 4:00PM EDT
MGIC Investment
(NYSE:MTG)MGIC Investment Stock (NYSE:MTG), Analyst Ratings, Price Targets, Predictions
MGIC Investment Corp has a consensus price target of $19.15, established from looking at the 19 latest analyst ratings. The last 3 analyst ratings were released from Keefe, Bruyette & Woods, Roth MKM, and RBC Capital on April 4, 2024, February 2, 2024, and February 2, 2024. With an average price target of $23 between Keefe, Bruyette & Woods, Roth MKM, and RBC Capital, there's an implied 17.47% upside for MGIC Investment Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Keefe, Bruyette & Woods
Roth MKM
RBC Capital
UBS
Barclays
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for MGIC Investment
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/04/2024 | MTG | Buy Now | MGIC Investment | $19.58 | 22.57% | Keefe, Bruyette & Woods | Bose George | $23.5 → $24 | Downgrade | Outperform → Market Perform | Get Alert |
| 02/02/2024 | MTG | Buy Now | MGIC Investment | $19.58 | 22.57% | Roth MKM | Harry Fong | $21 → $24 | Maintains | Buy | Get Alert |
| 02/02/2024 | MTG | Buy Now | MGIC Investment | $19.58 | 7.25% | RBC Capital | Scott Heleniak | $18 → $21 | Maintains | Sector Perform | Get Alert |
| 12/06/2023 | MTG | Buy Now | MGIC Investment | $19.58 | -5.52% | UBS | Douglas Harter | → $18.5 | Initiates | → Neutral | Get Alert |
| 11/15/2023 | MTG | Buy Now | MGIC Investment | $19.58 | -2.96% | Barclays | Terry Ma | → $19 | Initiates | → Equal-Weight | Get Alert |
| 08/04/2023 | MTG | Buy Now | MGIC Investment | $19.58 | -8.07% | RBC Capital | Mark Dwelle | $17 → $18 | Maintains | Sector Perform | Get Alert |
| 07/06/2023 | MTG | Buy Now | MGIC Investment | $19.58 | — | RBC Capital | Mark Dwelle | — | Downgrade | Outperform → Sector Perform | Get Alert |
| 05/05/2023 | MTG | Buy Now | MGIC Investment | $19.58 | -8.07% | Keefe, Bruyette & Woods | Bose George | $17 → $18 | Maintains | Outperform | Get Alert |
| 04/11/2023 | MTG | Buy Now | MGIC Investment | $19.58 | -8.07% | Compass Point | Giuliano Bologna | → $18 | Upgrade | Neutral → Buy | Get Alert |
| 01/06/2023 | MTG | Buy Now | MGIC Investment | $19.58 | -28.5% | Barclays | Mark Devries | $16 → $14 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 11/09/2022 | MTG | Buy Now | MGIC Investment | $19.58 | -25.94% | Compass Point | Giuliano Bologna | $19 → $14.5 | Downgrade | Buy → Neutral | Get Alert |
| 10/13/2022 | MTG | Buy Now | MGIC Investment | $19.58 | -18.28% | Barclays | Mark Devries | $23 → $16 | Maintains | Overweight | Get Alert |
| 08/18/2022 | MTG | Buy Now | MGIC Investment | $19.58 | -8.07% | B of A Securities | Mihir Bhatia | → $18 | Upgrade | Neutral → Buy | Get Alert |
| 06/23/2022 | MTG | Buy Now | MGIC Investment | $19.58 | -18.28% | RBC Capital | Mark Dwelle | $15 → $16 | Upgrade | Sector Perform → Outperform | Get Alert |
| 01/10/2022 | MTG | Buy Now | MGIC Investment | $19.58 | 17.47% | Barclays | Mark Devries | $19 → $23 | Maintains | Overweight | Get Alert |
| 11/17/2021 | MTG | Buy Now | MGIC Investment | $19.58 | -15.73% | B of A Securities | Mihir Bhatia | — | Downgrade | Buy → Neutral | Get Alert |
| 08/06/2021 | MTG | Buy Now | MGIC Investment | $19.58 | -18.28% | RBC Capital | Mark Dwelle | — | Maintains | Sector Perform | Get Alert |
| 08/06/2021 | MTG | Buy Now | MGIC Investment | $19.58 | -2.96% | Barclays | Mark Devries | — | Maintains | Overweight | Get Alert |
| 05/07/2021 | MTG | Buy Now | MGIC Investment | $19.58 | -13.18% | BTIG | — | — | Maintains | Buy | Get Alert |
FAQ
What is the target price for MGIC Investment (MTG)?
The latest price target for MGIC Investment (NYSE: MTG) was reported by Keefe, Bruyette & Woods on April 4, 2024. The analyst firm set a price target for $24.00 expecting MTG to rise to within 12 months (a possible 22.57% upside). 8 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 Keefe, Bruyette & Woods, and MGIC Investment downgraded their market perform rating.
When was the last upgrade for MGIC Investment (MTG)?
The last upgrade for MGIC Investment Corp happened on April 11, 2023 when Compass Point raised their price target to $18. Compass Point previously had a neutral 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 April 4, 2024 so you should expect the next rating to be made available sometime around April 4, 2025.
Is the Analyst Rating MGIC Investment (MTG) correct?
While ratings are subjective and will change, the latest MGIC Investment (MTG) rating was a downgraded with a price target of $23.50 to $24.00. The current price MGIC Investment (MTG) is trading at is $19.58, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.