MGIC Investment Corporation

$27.85- (-)1Y +2.56%

As of Oct 16, 2026 close

Market cap: $5.82B
P/E (TTM): 8.23
Forward P/E: 9.31
Dividend yield: 2.25%
52-week range: $24.69$31.89
Volume (live): -
Avg. volume (3M): 2.43M

MGIC Investment Corporation (MTG) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for MGIC Investment Corporation stock.

Analyst Consensus Rating

Investment consensus from 7 professional research analysts

Consensus Rating

Hold

Based on 7 unique analysts

(10 total ratings in last 90 days)

Medium Confidence2.0:1 Buy/Sell

Average Price Target

$31.50

+13.11% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest MTG Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 9, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Buy	-
Oct 7, 2026	Bose George	KBW	Maintains	Hold	$30.00
Oct 5, 2026	Terry Ma	Barclays	Maintains	Hold	$28.00 → $29.00 +1.00 (+3.6%)
Sep 28, 2026	Douglas Harter	BTIG	Initiates	Hold	-
Sep 25, 2026	Bose George	KBW	Maintains	Hold	-
Sep 15, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Buy	-
Aug 3, 2026	Mihir Bhatia	BofA Securities	Maintains	Sell	-
Jul 31, 2026	Rowland Mayor	RBC Capital	Maintains	Hold	$28.00 → $32.00 +4.00 (+14.3%)
Jul 30, 2026	Harry Fong	Roth MKM	Maintains	Buy	$30.00 → $35.00 +5.00 (+16.7%)
Jul 30, 2026	Rowland Mayor	RBC Capital	Maintains	Hold	$28.00 → $32.00 +4.00 (+14.3%)

Zacks Equity Research

BuyInitiates Coverage

Oct 9

Bose George

KBW

HoldMaintains

$30.00

Oct 7

Terry Ma

Barclays

HoldMaintains

$28.00 → $29.00

Oct 5

Douglas Harter

BTIG

HoldInitiates

Sep 28

Bose George

KBW

HoldMaintains

Sep 25

Zacks Equity Research

BuyInitiates Coverage

Sep 15

Mihir Bhatia

BofA Securities

SellMaintains

Aug 3

Rowland Mayor

RBC Capital

HoldMaintains

$28.00 → $32.00

Jul 31

Harry Fong

Roth MKM

BuyMaintains

$30.00 → $35.00

Jul 30

Rowland Mayor

RBC Capital

HoldMaintains

$28.00 → $32.00

Jul 30

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 9, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for MTG?

The analyst consensus rating for MTG is Hold, based on the latest ratings from 7 analysts over the last 90 days.

What is the average price target for MTG?

The average 12-month price target for MTG is $31.50, representing an upside of 13.1% from the Oct 16, 2026 close of $27.85.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.