MGIC Investment Corp Hits 52-Week High on Upgrade
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 10 Dec 25
Source: 144
MGIC Investment Corp's stock rose by 4.55% and reached a 52-week high today.
The increase follows a recent upgrade to a Buy rating by Zacks, reflecting a positive outlook on the company's earnings estimates. Analysts have raised their earnings estimates for MGIC by 3.7% over the past three months, indicating an improving business outlook.
This upgrade positions MGIC favorably in the market, suggesting potential for continued growth as investor confidence strengthens in light of the positive analyst sentiment.
Analyst Views on MTG
Wall Street analysts forecast MTG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTG is 29.33 USD with a low forecast of 28.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 26.430
Low
28.00
Averages
29.33
High
30.00
Current: 26.430
Low
28.00
Averages
29.33
High
30.00
About MTG
MGIC Investment Corporation, through its principal subsidiary, Mortgage Guaranty Insurance Corporation, serves lenders throughout the United States. The Company provides private mortgage insurance, other mortgage credit risk management solutions and ancillary services. Its mortgage insurance includes primary insurance, and CRT and pool insurance. Primary insurance provides mortgage default protection on individual loans and covers a percentage of the unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. In connection with the GSEs' credit risk transfer programs, it provides insurance and reinsurance covering portions of the credit risk related to certain reference pools of mortgages acquired by the GSEs. Its non-insurance subsidiary provides contract underwriting services for lenders, pursuant to which loans are underwritten to conform to prescribed guidelines.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
