MGIC Investment (MTG)
(Delayed Data from NYSE)
$25.38 USD
-0.33 (-1.28%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $25.38 0.00 (0.00%) 7:58 PM ET
1-Strong Buy of 5 1
C Value F Growth B Momentum D VGM
MGIC Investment (MTG) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$25.56 | $30.00 | $23.00 | -0.58% |
Price Target
Based on short-term price targets offered by eight analysts, the average price target for MGIC Investment comes to $25.56. The forecasts range from a low of $23.00 to a high of $30.00. The average price target represents a decline of 0.58% from the last closing price of $25.71.
Analyst Price Targets (8 )
Broker Rating
MGIC Investment currently has an average brokerage recommendation (ABR) of 2.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by nine brokerage firms. The current ABR compares to an ABR of 2.00 a month ago based on nine recommendations.
Of the nine recommendations deriving the current ABR, four are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 44.44% and 11.11% of all recommendations. A month ago, Strong Buy made up 44.44%, while Buy represented 11.11%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 4 | 4 | 4 | 4 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.00 | 2.00 | 2.00 | 2.00 | 1.88 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/18/2024 | Not Identified | Not Identified | Hold | Hold |
9/3/2024 | Compass Point Research & Trading | Giuliano Bologna | Strong Buy | Strong Buy |
8/5/2024 | BTIG | Eric J Hagen | Strong Buy | Strong Buy |
8/2/2024 | Roth Capital Partners | Harry Fong | Strong Buy | Strong Buy |
7/9/2024 | Dowling & Partners | Geoffrey M Dunn | Not Available | Hold |
7/9/2024 | Not Identified | Not Identified | Hold | Hold |
6/3/2024 | Keefe Bruyette & Woods | Bose T George | Hold | Moderate Buy |
5/22/2024 | UBS | Douglas Harter | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.00 |
ABR (Last week) | 2.00 |
# of Recs in ABR | 9 |
Average Target Price | $25.81 |
LT Growth Rate | 6.80% |
Industry | Insurance - Multi line |
Industry Rank by ABR | 36 of 253 |
Current Quarter EPS Est: | 0.67 |
MTG FAQs
MGIC Investment Corporation (MTG) currently has an average brokerage recommendation (ABR) of 2.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 9 brokerage firms.
The average price target for MGIC Investment Corporation (MTG) is $25.81. The current on short-term price targets is based on 3 reports.
The forecasts for MGIC Investment Corporation (MTG) range from a low of $23 to a high of $30. The average price target represents a increase of $1.69 from the last closing price of $25.38.
The current UPSIDE for MGIC Investment Corporation (MTG) is 1.69%
Based on short-term price targets offered by eight analysts, the average price target for MGIC Investment comes to $25.56. The forecasts range from a low of $23.00 to a high of $30.00. The average price target represents a decline of 0.58% from the last closing price of $25.71.