DOWLING & PARTN Comments on MGIC Investment FY2026 Earnings

MGIC Investment Corporation (NYSE:MTG) – Stock analysts at DOWLING & PARTN upped their FY2026 earnings estimates for shares of MGIC Investment in a note issued to investors on Tuesday, November 10th. DOWLING & PARTN analyst G. Dunn now anticipates that the insurance provider will post earnings of $3.22 per share for the year, up from their prior forecast of $3.12. The consensus estimate for MGIC Investment’s current full-year earnings is $3.21 per share. DOWLING & PARTN also issued estimates for MGIC Investment’s FY2027 earnings at $3.20 EPS and FY2028 earnings at $3.30 EPS.

MGIC Investment (NYSE:MTG) last released its earnings results on Wednesday, November 4th. The insurance provider reported $0.85 EPS for the quarter, beating the consensus estimate of $0.81 by $0.04. The business had revenue of $299.08 million during the quarter, compared to analyst estimates of $298.66 million. MGIC Investment had a net margin of 58.12% and a return on equity of 13.81%. The business’s quarterly revenue was down 1.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.83 earnings per share.

Several other research analysts have also recently issued reports on MTG. Weiss Ratings raised MGIC Investment from a “buy (b+)” rating to a “buy (a-)” rating in a report on Wednesday, August 19th. Keefe, Bruyette & Woods raised their price objective on MGIC Investment from $29.00 to $30.00 and gave the stock a “market perform” rating in a research note on Friday, July 31st. Zacks Research cut MGIC Investment from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. BTIG Research began coverage on MGIC Investment in a research report on Tuesday, September 22nd. They set a “hold” rating on the stock. Finally, Royal Bank Of Canada upped their target price on MGIC Investment from $28.00 to $32.00 and gave the company a “sector perform” rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, MGIC Investment has a consensus rating of “Hold” and a consensus target price of $31.00.

MGIC Investment Trading Down 0.5%

MGIC Investment stock opened at $27.73 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.28 and a current ratio of 1.28. The firm has a market cap of $5.52 billion, a price-to-earnings ratio of 8.61, a price-to-earnings-growth ratio of 1.42 and a beta of 0.64. MGIC Investment has a 1 year low of $24.69 and a 1 year high of $31.89. The firm’s 50 day moving average price is $28.59 and its two-hundred day moving average price is $27.84.

MGIC Investment Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 23rd. Stockholders of record on Thursday, November 12th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, November 12th. MGIC Investment’s dividend payout ratio (DPR) is 21.12%.

Insider Activity at MGIC Investment

In other news, COO Salvatore Miosi sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $26.06, for a total transaction of $781,800.00. Following the sale, the chief operating officer owned 440,951 shares in the company, valued at $11,491,183.06. The trade was a 6.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy Mattke sold 137,114 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $26.23, for a total transaction of $3,596,500.22. Following the completion of the sale, the chief executive officer owned 843,778 shares of the company’s stock, valued at approximately $22,132,296.94. This trade represents a 13.98% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 197,114 shares of company stock worth $5,300,200. 1.34% of the stock is currently owned by insiders.

Institutional Trading of MGIC Investment

A number of hedge funds have recently modified their holdings of MTG. Ethic Inc. boosted its position in shares of MGIC Investment by 3.9% in the third quarter. Ethic Inc. now owns 9,402 shares of the insurance provider’s stock worth $243,000 after buying an additional 351 shares during the period. Baird Financial Group Inc. raised its position in MGIC Investment by 3.1% during the second quarter. Baird Financial Group Inc. now owns 13,092 shares of the insurance provider’s stock valued at $369,000 after buying an additional 392 shares during the period. Compound Planning Inc. raised its position in MGIC Investment by 4.3% during the first quarter. Compound Planning Inc. now owns 10,392 shares of the insurance provider’s stock valued at $273,000 after buying an additional 433 shares during the period. Versant Capital Management Inc lifted its stake in MGIC Investment by 9.4% in the 3rd quarter. Versant Capital Management Inc now owns 5,917 shares of the insurance provider’s stock worth $153,000 after acquiring an additional 508 shares in the last quarter. Finally, Lido Advisors LLC lifted its stake in MGIC Investment by 2.4% in the 1st quarter. Lido Advisors LLC now owns 24,373 shares of the insurance provider’s stock worth $640,000 after acquiring an additional 574 shares in the last quarter. Hedge funds and other institutional investors own 95.58% of the company’s stock.

About MGIC Investment

MGIC Investment Corporation is a mortgage insurance company whose principal subsidiary, Mortgage Guaranty Insurance Corporation (MGIC), provides private mortgage insurance to lenders. Its coverage helps protect lenders from losses if borrowers default on their mortgages and can help qualified borrowers purchase homes with smaller down payments. Founded in 1957 by Max H. Karl, MGIC is widely recognized as a pioneer in the private mortgage insurance industry. The company serves mortgage lenders and borrowers across the United States.