MTG Initiated Coverage by RBC Capital -- Price Target Set at $28
RBC Capital has initiated coverage on MGIC Investment (MTG) with a 'Sector Perform' rating and a price target of $28.00. GuruFocus indicates MTG is undervalued by 7.4% at its current price of $26.05, aligning closely with both the analyst target and its GF Value™ of $28.15. Despite a strong GF Score™ of 89, recent insider selling of $4.8 million suggests caution for potential investors.
MGIC Investment Corporation (NYSE:MTG) Given Consensus Rating of "Hold" by Analysts
MGIC Investment Corporation (NYSE:MTG) has received an average "Hold" rating from analysts, with a consensus 1-year price target of $28.25. The company recently surpassed earnings expectations with an EPS of $0.76 but reported revenue below forecasts. MGIC announced a new $750 million share repurchase program and a quarterly dividend of $0.15 per share, indicating confidence in its valuation and commitment to shareholder returns.
RBC Capital initiates MGIC Investment stock at Sector Perform By Investing.com
RBC Capital has initiated coverage on MGIC Investment Corporation (NYSE:MTG) with a Sector Perform rating and a $28.00 price target. The firm notes that MGIC has effectively managed a housing slowdown through significant share buybacks and disciplined expense management, contributing to a 2.29% dividend yield. Despite its strong capital return strategy and market position as the largest player by Insurance In-Force, RBC Capital believes growth is likely limited by slow mortgage origination activity and potential credit deterioration.
Zacks Research Raises Earnings Estimates for MGIC Investment
Zacks Research has increased its FY2026 EPS estimate for MGIC Investment (NYSE:MTG) to $3.13 from $3.09, surpassing the current consensus of $3.06 per share, and also projected Q1 2027 EPS of $0.81. The insurance provider previously beat quarterly earnings expectations with $0.76 EPS, though revenue missed estimates. MGIC Investment is actively returning capital to shareholders through a $750 million share repurchase program and a quarterly dividend.
836,954 Shares in MGIC Investment Corporation $MTG Bought by Arbejdsmarkedets Tillaegspension
Arbejdsmarkedets Tillaegspension recently acquired 836,954 shares of MGIC Investment Corporation (NYSE:MTG), valued at approximately $24.5 million, making it their 24th largest holding. Despite this significant investment, analyst sentiment largely remains cautious with a "Hold" rating and a consensus price target of $28.25. MGIC reported strong Q1 earnings, a $0.15 quarterly dividend, and approved a $750 million share repurchase program, while company insiders made notable share sales.
JPMorgan (NYSE: MTG) discloses 11.2M shares, 5.2% stake in MGIC
JPMorgan Chase & Co. has filed an amendment (SCHEDULE 13G/A) reporting a beneficial ownership of 11,200,879 shares, equivalent to a 5.2% stake, in MGIC Investment Corp. The filing details specific voting powers, with sole voting power over 10,207,232 shares and sole dispositive power over 11,199,531 shares. Multiple JPMorgan subsidiaries are listed as acquiring entities, indicating managed or client positions across its affiliates.
NewEdge Wealth LLC Buys 57,962 Shares of MGIC Investment Corporation $MTG
NewEdge Wealth LLC increased its stake in MGIC Investment Corporation (NYSE:MTG) by 2.7% during Q4, acquiring an additional 57,962 shares to own a total of 2,183,602 shares valued at $63.8 million. The company reported solid quarterly earnings of $0.76 EPS, surpassing estimates, and authorized a new $750 million share buyback and a $0.15 quarterly dividend. Various other institutional investors also adjusted their holdings in MTG.
UBS Group AG Sells 263,459 Shares of MGIC Investment Corporation $MTG
UBS Group AG reduced its stake in MGIC Investment Corporation by 15.4% in the fourth quarter, selling 263,459 shares and now owning 1,447,994 shares valued at $42.31 million. Concurrently, MGIC's board approved a $750 million share buyback program and announced a quarterly dividend of $0.15, while insider activity showed sales from CEO and COO. The company beat Q1 EPS estimates but revenue declined year-over-year, leading to a consensus "Hold" rating from analysts with an average price target of $28.25.
JPMorgan Chase reports 11.2M-share stake in MGIC (MTG) — Schedule 13G/A
JPMorgan Chase & Co. has filed an Amendment No. 3 to a Schedule 13G/A, disclosing a beneficial ownership of 11,200,879 shares of MGIC Investment Corporation (MTG) common stock, which represents 5.2% of the class. The filing details the voting and dispositive powers, attributing most of the sole voting and sole dispositive power to JPMorgan entities, and lists several JPMorgan subsidiaries involved in the holdings. This is a routine institutional ownership disclosure and does not indicate future trading intentions.
MGIC Investment Corporation $MTG Shares Sold by Vanguard Group Inc.
Vanguard Group Inc. reduced its stake in MGIC Investment Corporation by 3.3%, selling over 1 million shares. Despite this, MGIC announced a $750 million share buyback and a quarterly dividend of $0.15, signaling a focus on shareholder returns. The company reported better-than-expected Q1 EPS of $0.76, though revenue declined year-over-year, leading analysts to maintain a "Hold" rating with a consensus price target of $28.25.
Analysts Offer Insights on Financial Companies: MGIC Investment (MTG), Banca Mediolanum SpA (OtherBNMDF) and Cullen/Frost Bankers (CFR)
This article provides an overview of recent analyst ratings for three financial companies: MGIC Investment (MTG), Banca Mediolanum SpA (BNMDF), and Cullen/Frost Bankers (CFR). Barclays maintained a Hold rating on MGIC Investment and Cullen/Frost Bankers, while Banca Mediolanum SpA received a Strong Buy consensus. The report details price targets and analyst success rates for each company.
MGIC Investment Corp Earnings Call Highlights Capital Strength
MGIC Investment Corp's Q1 earnings call showcased strong profitability with a 13% annualized ROE and a 10% increase in book value per share. The company reported a significant surge in new insurance written, hitting $14 billion, and reinforced its financial health with $6.0 billion in balance-sheet capital and a robust reinsurance program. Despite some normalization in credit metrics and softer persistency, management expressed confidence in their disciplined execution and shareholder-friendly capital return strategy.
MGIC Investment (NYSE:MTG) Given New $28.00 Price Target at Barclays
Barclays has lowered its price target for MGIC Investment (NYSE:MTG) to $28.00 from $29.00, maintaining an "equal weight" rating, aligning with the consensus "Hold" rating and average target of $28.25. This adjustment follows MGIC's Q1 earnings, where EPS beat estimates at $0.76 but revenue missed expectations, declining 3% year-over-year to $297.1 million. The company's board has authorized a $750 million share buyback, while recent insider activity shows net selling, with the CEO and EVP offloading a significant number of shares.
MGIC Investment Corporation 2026 Q1 - Results - Earnings Call Presentation (NYSE:MTG) 2026-05-01
MGIC Investment Corporation (NYSE:MTG) released its Q1 2026 earnings, reporting an EPS of $0.76, which beat estimates by $0.02. However, the company's revenue of $297.08 million missed expectations by $6.04 million, representing a 2.99% year-over-year decrease. The article highlights that the detailed presentation for these results was published in conjunction with their earnings call.
MGIC Investment Reports Q1 2026 Results: Full Earnings Call Transcript
MGIC Investment reported strong Q1 2026 results with a net income of $165 million, a 13% annualized return on equity, and a 41% increase in new insurance written. The company authorized an additional $750 million share repurchase program, emphasizing disciplined capital allocation and long-term shareholder value. Management also highlighted the strong capital structure, effective risk management, and the importance of private mortgage insurance in housing affordability, while anticipating continued strong credit performance.
Vanguard Capital Management holds 5.28% of MGIC (MTG) common stock
Vanguard Capital Management has reported a 5.28% beneficial ownership stake in MGIC Investment Corp (MTG), totaling 11,372,306 shares of common stock. This ownership is held across Vanguard funds and managed accounts, with Vanguard Capital Management exercising sole dispositive power over all these shares and sole voting power over 1,690,814 shares. The Schedule 13G filing indicates a passive investment intent and provides detailed figures on their holdings and powers.
MTG Reports Q1 Revenue of $297.08 Million, Exceeding Expectations
MGIC Investment Corp (MTG) reported Q1 revenue of $297.08 million, slightly missing analyst expectations but with the CEO expressing optimism due to strong execution. The company boasts a GF Score™ of 89/100, indicating robust overall performance, particularly in profitability and growth, despite recent insider selling activity totalling $6.2 million. Its P/E ratio suggests potential undervaluation, making it a point of interest for investors.
MGIC Investment (NYSE:MTG) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS
MGIC Investment (NYSE:MTG) reported Q1 EPS of $0.76, surpassing analyst estimates by $0.03, though revenue of $297.1M missed the forecast. The company also announced a $750 million stock repurchase program and declared a quarterly dividend of $0.15 per share. Analysts have a consensus "Hold" rating with an average target price of $28.50.
MGIC INVESTMENT|WI ($MTG) Releases Q1 2026 Earnings
MGIC Investment Corp. (MTG) announced its Q1 2026 earnings, reporting $0.76 per share, which met analyst estimates. However, the company's revenue of $297.25 million missed estimates by over $10 million. The report also detailed recent insider trading activity, primarily sales by executives, and institutional investor movements, with more institutions decreasing their positions than adding.
MGIC: Q1 Earnings Snapshot
MGIC Investment Corp. (MTG) announced first-quarter net income of $165.3 million, or 76 cents per share, surpassing Wall Street expectations. The mortgage insurance company reported adjusted revenue of $297.2 million. Analysts surveyed by Zacks Investment Research had predicted earnings of 73 cents per share.
MGIC Investment (NYSE: MTG) Q1 2026 earnings, capital return and new $750M buyback
MGIC Investment Corporation reported Q1 2026 net income of $165.3 million ($0.76 per diluted share) and adjusted net operating income of $165.1 million ($0.76 per diluted share), demonstrating solid profitability. The company wrote $14.4 billion in new primary insurance and authorized a new $750 million share buyback program through 2028, in addition to significant share repurchases already completed and a $0.15 per-share dividend. Despite slightly rising credit costs, MGIC maintains strong capital flexibility with $2.9 billion in PMIERs excess capital.
Mortgage insurer MGIC bought back 7.2M shares, kept $0.15 dividend
MGIC Investment Corporation reported Q1 2026 net income of $165.3 million ($0.76 per diluted share) and adjusted net operating income of $165.1 million ($0.76 per diluted share). The company repurchased 7.2 million shares for $192.6 million and announced an additional $750 million share buyback authorization, while also maintaining a $0.15 per-share dividend. MGIC also executed a $324 million excess-of-loss reinsurance agreement.
MGIC Investment earnings on deck as share buybacks signal confidence By Investing.com
MGIC Investment Corp. is set to announce first-quarter results, with analysts anticipating a slight decline in EPS despite a recent $750 million share repurchase authorization signaling confidence. Investors will be focused on the company's ability to maintain pricing power amid declining industry premium yields and its capital allocation strategy, especially after returning $915 million to shareholders in 2025. The mortgage insurer faces challenges from a subdued mortgage origination environment and muted revenue growth projections for 2026.
Zacks Research Lowers Earnings Estimates for MGIC Investment
Zacks Research has lowered its FY2026 earnings per share estimates for MGIC Investment (NYSE:MTG) to $3.09, down from $3.10. Several other analysts have also adjusted their ratings or price targets for the company. MGIC Investment recently declared a quarterly dividend of $0.15 per share and initiated a $750 million share buyback plan.
MGIC Investment Corp expected to post earnings of 75 cents a share - Earnings Preview
MGIC Investment Corp. is projected to report earnings of 75 cents per share. This financial forecast is an earnings preview provided by Refinitiv. The article is a brief news update regarding the expected performance of the company.
Universal Beteiligungs und Servicegesellschaft mbH Boosts Position in MGIC Investment Corporation $MTG
Universal Beteiligungs und Servicegesellschaft mbH increased its stake in MGIC Investment Corporation ($MTG) by 10.9% in the fourth quarter, now owning 0.33% of the company. Institutional investors collectively own 95.58% of the stock, while company insiders have recently sold shares totaling over $5.3 million. Analysts currently rate MGIC Investment a "Hold" with an average target price of $28.50.
Caprock Group LLC Has $2.85 Million Stock Position in MGIC Investment Corporation $MTG
Caprock Group LLC significantly increased its stake in MGIC Investment Corporation, boosting its holdings to $2.85 million. This comes amid active insider trading, with notable sales by the CEO and EVP, and the company announcing a substantial share buyback program and a quarterly dividend. Analysts maintain a "Hold" rating for MTG, with an average target price of $28.50.
MGIC Investment Corporation (NYSE:MTG) Plans Quarterly Dividend of $0.15
MGIC Investment Corporation (NYSE:MTG) has declared a quarterly dividend of $0.15 per share, representing an annualized dividend of $0.60 and a yield of 2.1%. The company also announced a $750 million share repurchase program, indicating management's belief that the stock may be undervalued. MGIC's dividend is well-covered by earnings, with a historical payout ratio of 19.7% and future analyst estimates suggesting a payout ratio near 17.8%.
State of Alaska Department of Revenue Sells 153,009 Shares of MGIC Investment Corporation $MTG
The State of Alaska Department of Revenue significantly reduced its stake in MGIC Investment Corporation, selling 153,009 shares in Q4, which decreased its holdings by 87.2%. Despite this, MGIC's board authorized a $750 million share buyback and approved a quarterly dividend of $0.15 per share, indicating management views the stock as potentially undervalued. While insiders have recently sold shares, institutional investors maintain a substantial 95.58% ownership, and analysts generally rate the stock as a "Hold" with an average price target of $28.50.
MGIC approves $750M buyback program, declares dividend By Investing.com
MGIC Investment Corporation has announced a new $750 million share repurchase program, extending through December 31, 2028, signaling a continuation of its capital return strategy. The company also declared a quarterly cash dividend of $0.15 per share, representing its seventh consecutive year of dividend increases. These moves come after the company's Q4 2025 earnings met EPS expectations but missed revenue projections.
MGIC (NYSE: MTG) investors back board, executive pay and PwC
MGIC Investment Corporation (NYSE: MTG) shareholders approved all ten nominated directors, executive compensation for 2025 on an advisory basis, and the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2026 at their annual meeting on April 23, 2026. The results indicate strong shareholder support for the company's current governance, executive pay practices, and auditor choice.
MGIC Investment approves up to $750M share repurchase program
MGIC Investment (MTG) has announced that its board of directors approved a new share repurchase program, authorizing the company to buy back up to $750 million of its common stock. This repurchase program is valid until December 31, 2028. Additionally, the company declared a quarterly cash dividend of 15 cents per share, payable on May 21 to shareholders of record as of May 6.
MGIC can buy back $750M in stock through 2028; dividend pays May 21
MGIC Investment Corporation announced an additional $750 million share repurchase program authorized through December 31, 2028, and a quarterly cash dividend of $0.15 per share payable on May 21, 2026. This move continues MGIC's multi-year strategy of combining significant repurchase authorizations with incremental dividend increases, a pattern that has historically garnered modestly positive market reactions. The company will also hold a conference call on April 30, 2026, to discuss its first-quarter 2026 results.
MGIC approves $750M buyback program, declares dividend By Investing.com
MGIC Investment Corporation announced a new share repurchase program of up to $750 million, extending through December 31, 2028, and indicating a continuation of its capital return strategy. The board also declared a quarterly cash dividend of $0.15 per share, payable on May 21, 2026, marking its seventh consecutive year of dividend increases. The company's stock is currently trading at an attractive valuation with a P/E ratio of 9.05, and InvestingPro's Fair Value analysis suggests it is undervalued.
MGIC Investment Corporation Announces Additional $750 Million Share Repurchase Program and Quarterly Dividend of $0.15 Per Share
MGIC Investment Corporation (NYSE: MTG) has announced an additional share repurchase program, authorizing the company to buy back up to $750 million of its common stock through December 31, 2028. Additionally, the board of directors declared a quarterly cash dividend of $0.15 per share, payable on May 21, 2026, to shareholders of record as of May 6, 2026. The company also confirmed it will hold a conference call on April 30, 2026, to discuss its first-quarter 2026 financial results.
MGIC approves $750M buyback program, declares dividend
MGIC Investment Corporation has authorized a share repurchase program of up to $750 million of its common stock, extending through December 31, 2028. The board also declared a quarterly cash dividend of $0.15 per share, payable on May 21, 2026, marking seven consecutive years of dividend increases. InvestingPro data suggests the stock is undervalued, trading at a P/E ratio of 9.05, despite a recent revenue miss in Q4 2025.
MGIC Investment (MTG) to Release Quarterly Earnings on Wednesday
MGIC Investment (NYSE:MTG) is scheduled to release its Q1 2026 earnings after the market closes on Wednesday, April 29th, with analysts expecting $0.73 EPS and $303.07 million in revenue. The company reported $0.75 EPS last quarter and maintains an annual dividend yield of approximately 2.1%. Recent insider selling by CEO Timothy J. Mattke and COO Salvatore A. Miosi has been noted, although institutional investors and hedge funds hold a significant portion of the stock.
Cwm LLC Has $6.57 Million Stock Position in MGIC Investment Corporation $MTG
Cwm LLC increased its stake in MGIC Investment Corporation (NYSE:MTG) by 41.6% in the fourth quarter, bringing its total holdings to 224,853 shares valued at approximately $6.57 million. Several other institutional investors also increased their positions, yet company insiders have been net sellers. Analysts currently rate MGIC Investment as a "Hold" with an average target price of $28.50.
MGIC Investment Corp stock (US5528481030): Why Google Discover changes matter more now
Google's 2026 Discover Core Update is revolutionizing how investors receive financial news, particularly for stocks like MGIC Investment Corp (MTG). This update prioritizes personalized, mobile-first delivery of content based on user activity, offering proactive insights on mortgage insurance trends and related economic data. This shift provides retail investors with a significant advantage by delivering timely information directly to their feeds, enabling quicker reactions to market catalysts and deeper understanding of niche sectors.
Assetmark Inc. Boosts Position in MGIC Investment Corporation $MTG
Assetmark Inc. has significantly increased its stake in MGIC Investment Corporation (NYSE:MTG) by 21.8% to over 2 million shares, valued at approximately $59.6 million. This move is part of a broader trend of institutional investors boosting their positions in MGIC, with hedge funds and institutions now owning over 95% of the stock. Despite this, there has been notable insider selling, with two executives selling a combined total of over $4 million in shares, bringing corporate insider ownership to 1.34%.
MGIC Investment Corporation $MTG Shares Sold by Robeco Institutional Asset Management B.V.
Robeco Institutional Asset Management B.V. reduced its stake in MGIC Investment Corporation (NYSE:MTG) by 4.2% in the fourth quarter, selling 55,793 shares. Insider selling also occurred, with CEO Timothy J. Mattke and COO Salvatore A. Miosi offloading a significant number of shares. The company maintains a consensus "Hold" rating from analysts with an average target price of $28.50.
MGIC Investment Corp stock (US5528481030): Why mortgage insurance strength matters more now for inve
MGIC Investment Corp (NYSE: MTG) plays a crucial role in enabling U.S. homeownership by providing mortgage insurance that protects lenders from borrower defaults. The company has a strong balance sheet, consistent profits, and a focus on capital returns, making it an attractive option for investors looking for stability in the financial sector. Its defensive qualities and position in the housing market, coupled with prudent management and shareholder-friendly policies, suggest it is a quality long-term investment.
MGIC Investment Corp stock (US5528481030): Why mortgage insurance strength matters more now for inve
MGIC Investment Corp (NYSE: MTG) is presented as a strong investment in the financial sector, benefiting from the resilience of the U.S. housing market as a leading private mortgage insurer. The article highlights its financial stability, consistent profitability, capital returns to shareholders, and its crucial role in enabling homeownership, especially through low-down-payment mortgages. It suggests that MGIC's defensive qualities, strong balance sheet, and efficient operations make it an attractive option for investors amidst fluctuating interest rates and housing demand.
MTG SEC Filings - Mgic Inv Cp 10-K, 10-Q, 8-K Forms
This page on StockTitan provides a comprehensive resource for investors to access Mgic Inv Cp (MTG) SEC filings, including 10-K, 10-Q, and 8-K forms, along with insider trading disclosures. The platform offers AI-assisted tools such as summaries, impact scoring, and sentiment analysis to help interpret detailed financial and corporate governance information. It serves as a central hub for tracking MTG's regulatory disclosures and understanding its mortgage insurance business.
Dimensional Fund Advisors (NYSE: MTG) holds 13.65M shares, 6.3% stake
Dimensional Fund Advisors has reported an amended Schedule 13G filing, indicating beneficial ownership of 13,654,046 shares of MGIC Investment Corp (MTG) common stock, which represents a 6.3% stake. Dimensional disclaims direct beneficial ownership as the shares are held by managed funds, but it possesses sole voting power over 13,460,722 shares and sole dispositive power over all 13,654,046 shares. This passive investment disclosure reflects the firm's significant holding in MGIC as of March 31, 2026.
Oak Thistle LLC Invests $2.60 Million in MGIC Investment Corporation $MTG
Oak Thistle LLC has initiated a new position in MGIC Investment Corporation (NYSE: MTG) by purchasing 88,792 shares valued at approximately $2.60 million. Despite significant insider selling totaling over $9 million, analysts generally maintain a "Hold" rating on MTG with a target price of $28.25. The company also recently paid a quarterly dividend of $0.15, resulting in an annualized yield of about 2.2%.
MGIC Investment (MTG) Gets a Hold from Barclays
Barclays analyst Terry Ma maintained a Hold rating on MGIC Investment (MTG) with a price target of $29.00. Ma has an average return of 2.7% and a 49.55% success rate. The Street's consensus also suggests a Hold rating with an average target of $28.75 for MGIC Investment, which recently reported a quarterly revenue of $298.65 million and a net profit of $169.31 million.
A Look At MGIC Investment’s (MTG) Valuation After Recent Mixed Share Price Performance
MGIC Investment (MTG) has experienced mixed share price performance recently but is estimated to be undervalued with a fair value of $28.17, slightly above its current trading price of $27.02. This valuation is largely supported by conservative capital management, including share buybacks and dividend increases, though potential risks like flat insurance in force and rising delinquencies could impact future margins and earnings. The article suggests investors review the full picture of rewards and warning signs for MGIC Investment.
Barclays Raises Price Target for MGIC Investment (MTG) to $29
Barclays has increased its price target for MGIC Investment (MTG) from $28.00 to $29.00 while maintaining an "Equal-Weight" rating. This adjustment provides investors with an updated perspective on the stock's valuation, considering previous analyst ratings from UBS, Keefe, Bruyette & Woods, and Barclays itself. The average analyst target price for MTG is $28.17, suggesting a 4.90% upside from its current price, with GuruFocus estimating a GF Value of $28.94.
MGIC Investment (NYSE:MTG) Price Target Raised to $29.00 at Barclays
Barclays has raised its price target for MGIC Investment (NYSE:MTG) to $29.00 from $28.00, maintaining an "equal weight" rating and suggesting an 8.03% upside. The report highlights significant insider selling activity over the past quarter, with executives selling shares totaling over $9 million. Despite this, the company holds an average analyst rating of "Hold" with a consensus price target of $28.25.
