MGIC Investment Corp [NYSE: MTG] price surged by 1.79 percent to reach at $0.5.
A sum of 4176450 shares traded at recent session while its average daily volume was at 2.17M shares. MGIC Investment Corp shares reached a high of $29.01 and dropped to a low of $28.07 until finishing in the latest session at $28.5.
The one-year MTG stock forecast points to a potential downside of -4.28. The average equity rating for MTG stock is currently 3.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on MGIC Investment Corp [MTG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MTG shares is $27.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MTG stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Compass Point have made an estimate for MGIC Investment Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 05, 2025. The new note on the price target was released on December 10, 2024, representing the official price target for MGIC Investment Corp stock. Previously, the target price had yet another raise to $25, while BofA Securities analysts kept a Underperform rating on MTG stock. On June 03, 2024, analysts increased their price target for MTG shares from 24 to 25.
The Price to Book ratio for the last quarter was 1.29. Price to Free Cash Flow for MTG in the course of the last twelve months was 8.52.
MTG Stock Performance Analysis:
MGIC Investment Corp [MTG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.45. With this latest performance, MTG shares gained by 3.79% in over the last four-week period, additionally plugging by 21.74% over the last 6 months – not to mention a rise of 20.20% in the past year of trading.
Insight into MGIC Investment Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and MGIC Investment Corp [MTG] shares currently have an operating margin of 82.50%. MGIC Investment Corp’s Net Margin is presently recorded at 62.58%.
MGIC Investment Corp (MTG) Capital Structure & Debt Analysis
According to recent financial data for MGIC Investment Corp. ( MTG), the Return on Equity (ROE) stands at 14.85%, reflecting robust shareholder value creation. The Return on Assets (ROA) is 11.76%, reflecting the company’s efficiency in generating profits from its assets. Additionally, MGIC Investment Corp’s Return on Invested Capital (ROIC) is 13.15%, showcasing its effectiveness in deploying capital for earnings.
MGIC Investment Corp (MTG) Efficiency & Liquidity Metrics
Based on MGIC Investment Corp’s (MTG) latest financial statements, the Debt-to-Equity Ratio is 0.13%, indicating its reliance on debt financing relative to shareholder equity.
MGIC Investment Corp (MTG) Efficiency & Liquidity Metrics
MTG Stock EPS
With the latest financial reports released by the company, MGIC Investment Corp posted 0.77/share EPS, while the average EPS was predicted by analysts to be reported at 0.67/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.1. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MTG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for MGIC Investment Corp go to 4.31%.
MGIC Investment Corp [MTG] Institutonal Ownership Details
There are presently around $102.51%, or 104.33%% of MTG stock, in the hands of institutional investors. The top three institutional holders of MTG stocks are: VANGUARD GROUP INC with ownership of 36.59 million shares, which is approximately 13.7928%. BLACKROCK INC., holding 24.49 million shares of the stock with an approximate value of $$527.72 million in MTG stocks shares; and BLACKROCK INC., currently with $$351.8 million in MTG stock with ownership which is approximately 6.1531%.
