A Look at MGIC Investment Corp (MTG) Shares in the Recent Past Indicates Growth

With 1.86 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.43 million shares. During the session, the Insurance – Specialty company that operates in wider Financial sector, reached to the highest price of $24.265 whereas the lowest price it dropped to was $23.59. The 52-week range on MTG shows that it touched its highest point at $26.56 and its lowest point at $19.81 during that stretch. It currently has a 1-year price target of $26.67. With its current market cap of 5.87 billion, MTG has annualized dividend of $0.51 while the current yield stands at 2.09%. MTG paid its most recent dividend on 1739836800, while the ex-dividend date for that was 1739836800. Beta for the stock currently stands at 0.90.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MTG was down-trending over the past week, with a drop of -0.41%, but this was up by 2.76% over a month. Three-month performance dropped to -1.47% while six-month performance fell -8.30%. The stock gained 23.60% in the past year, while it has gained 2.07% so far this year. A look at the trailing 12-month EPS for MTG yields 2.89 with Next year EPS estimates of 2.96. For the next quarter, that number is 0.69. This implies an EPS growth rate of -3.19% for this year and 5.25% for next year. EPS is expected to grow by 4.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.32%.

Float and Shares Shorts:

At present, 248.45 million MTG shares are outstanding with a float of 237.85 million shares on hand for trading. On 2025-03-31, short shares totaled 8.02 million, which was 330.99998 higher than short shares on 1740700800. In addition to Mr. Timothy James Mattke CPA as the firm’s CEO & Director, Mr. Salvatore Antonino Miosi serves as its President & COO.

Institutional Ownership:

Through their ownership of 1.0138099 of MTG’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MTG since 6 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MTG analysts setting a high price target of 30.0 and a low target of 25.0, the average target price over the next 12 months is 26.66667. Based on these targets, MTG could surge 23.97% to reach the target high and rise by 3.31% to reach the target low. Reaching the average price target will result in a growth of 10.19% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.86875 being high and $2.84869 being low. For MTG, this leads to a yearly average estimate of $2.85872.