MGIC Investment Corporation (MTG) Stock Forecast

NYSE: MTGAnalyst ratings, price target and estimates.

MTG analyst forecast

as of October 18, 2026
Analyst consensus
Hold
3.17 / 5 from 6 analysts
Price target
$31.40
average of analyst targets
Upside to target
+12.7%
from the latest close
Next earnings
November 4, 2026
EPS estimate $0.78
52-week range
$24.86 – $31.47

MTG analyst ratings

6 analysts
Strong buy
117%
Buy
00%
Hold
467%
Sell
117%
Strong sell
00%

Number of analysts at each rating.

MTG price target

Price $27.85Target $31.40
52-week low $24.8652-week high $31.47

The average of analyst 12-month price targets compared with the latest close and the 52-week range.

MTG earnings per share estimates

MGIC Investment Corporation EPS estimates
PeriodAverageLowHighYear agoGrowthAnalysts
Current quarter (Sep '26)$0.82$0.79$0.87$0.83−1.0%6
Current fiscal year (2026)$3.27$3.22$3.36$3.14+4.3%6
Next fiscal year (2027)$3.48$3.27$3.84$3.27+6.4%6

Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.

MTG revenue estimates

MGIC Investment Corporation revenue estimates
PeriodAverageLowHighGrowthAnalysts
Current quarter (Sep '26)$298.7M$296.8M$301.1M−1.9%4
Current fiscal year (2026)$1.19B$1.19B$1.20B−1.8%4
Next fiscal year (2027)$1.20B$1.18B$1.24B+1.0%4

MTG EPS: reported and forecast

Reported EPSEstimate (average; low–high)

Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.

MTG revenue: reported and forecast

Reported revenueEstimate (average; low–high)

MTG EPS estimate revisions

MGIC Investment Corporation EPS estimate revisions
Period90 days ago60 days ago30 days ago7 days agoNowChange (90 d)Revisions (30 d)
Current quarter (Sep '26)$0.77$0.80$0.80$0.82$0.82+7.3%1 up · 0 down
Current fiscal year (2026)$3.07$3.25$3.25$3.28$3.27+6.8%1 up · 0 down
Next fiscal year (2027)$3.30$3.43$3.43$3.48$3.48+5.5%2 up · 0 down

How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.

MTG earnings surprises

Reported EPSEstimate

Reported EPS vs the consensus estimate for the last 12 quarters; MTG beat in 12 of 12.

What analysts expect from MTG

6 analysts cover MGIC Investment; their consensus rating is hold (3.17 on a 1–5 scale, where 5 is a strong buy). The average price target is $31.40, 12.7% above the latest close of $27.85. Analysts expect earnings of $3.27 per share for 2026, +4.3% from a year earlier. For 2027 the average estimate is $3.48 per share on revenue of $1.2 billion. MGIC Investment beat the EPS estimate in 12 of the last 12 quarters.

Related: MTG income statement, MTG key metrics, MTG chart. See the MTG stock overview for the latest quote and news.

MTG forecast FAQ

What is MGIC Investment's price target?

The average analyst price target for MGIC Investment is $31.40, 12.7% above the latest close of $27.85.

Is MGIC Investment a buy, hold or sell?

Of 6 analysts covering MGIC Investment, 1 rate it a strong buy, 0 a buy, 4 a hold, 1 a sell and 0 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.

What is MGIC Investment's EPS forecast?

Analysts forecast $3.27 per share for 2026 (range $3.22 to $3.36); for 2027 the estimate is $3.48.

What is MGIC Investment's revenue forecast?

The average revenue estimate for 2026 is $1.2 billion, growth of −1.8%; for 2027 it is $1.2 billion.

When does MGIC Investment report earnings?

MGIC Investment is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes; the EPS estimate is $0.78.

Does MGIC Investment usually beat earnings estimates?

MGIC Investment reported EPS at or above the analyst estimate in 12 of the last 12 quarters.

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