MGIC Investment (NYSE:MTG) Price Target Cut to $28.00 by Analysts at Barclays

MGIC Investment (NYSE:MTG) had its target price lowered by Barclays from $30.00 to $28.00 in a research note issued to investors on Wednesday,Benzinga reports. Barclays currently has an equal weight rating on the insurance provider’s stock.

Other equities research analysts have also recently issued reports about the company. Keefe, Bruyette & Woods lifted their target price on MGIC Investment from $27.00 to $28.00 and gave the stock a “market perform” rating in a report on Thursday, December 18th. Weiss Ratings reaffirmed a “buy (a-)” rating on shares of MGIC Investment in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $27.50.

MGIC Investment Trading Up 1.8%

Shares of MTG opened at $26.60 on Wednesday. The firm has a market cap of $5.95 billion, a P/E ratio of 8.47, a price-to-earnings-growth ratio of 1.47 and a beta of 0.83. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.78 and a quick ratio of 1.48. MGIC Investment has a 1 year low of $21.94 and a 1 year high of $29.97. The company has a 50 day simple moving average of $28.13 and a two-hundred day simple moving average of $27.73.

MGIC Investment (NYSE:MTG) last issued its earnings results on Monday, February 2nd. The insurance provider reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.02. The firm had revenue of $298.65 million during the quarter, compared to analyst estimates of $308.19 million. MGIC Investment had a net margin of 60.84% and a return on equity of 14.33%. MGIC Investment’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.72 earnings per share. On average, equities analysts expect that MGIC Investment will post 2.71 earnings per share for the current fiscal year.

MGIC Investment Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Tuesday, February 17th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, February 17th. MGIC Investment’s dividend payout ratio is currently 19.11%.

Insider Buying and Selling at MGIC Investment

In other news, CEO Timothy J. Mattke sold 139,203 shares of the business’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $26.51, for a total value of $3,690,271.53. Following the completion of the sale, the chief executive officer owned 822,588 shares in the company, valued at approximately $21,806,807.88. The trade was a 14.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Salvatore A. Miosi sold 30,000 shares of MGIC Investment stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $27.27, for a total transaction of $818,100.00. Following the transaction, the chief operating officer directly owned 454,245 shares in the company, valued at approximately $12,387,261.15. The trade was a 6.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.05% of the company’s stock.

Institutional Trading of MGIC Investment

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Lingohr Asset Management GmbH raised its position in MGIC Investment by 1,625.5% during the 3rd quarter. Lingohr Asset Management GmbH now owns 233,534 shares of the insurance provider’s stock worth $6,625,000 after buying an additional 220,000 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in MGIC Investment in the 2nd quarter worth approximately $568,000. Moody Aldrich Partners LLC acquired a new stake in shares of MGIC Investment during the 3rd quarter worth approximately $4,648,000. North Star Asset Management Inc. purchased a new position in shares of MGIC Investment during the 2nd quarter valued at approximately $375,000. Finally, WINTON GROUP Ltd purchased a new position in shares of MGIC Investment during the 2nd quarter valued at approximately $6,797,000. Institutional investors own 95.58% of the company’s stock.

MGIC Investment News Summary

Here are the key news stories impacting MGIC Investment this week:

• Positive Sentiment: Management set clear 2026 targets: MGIC expects insurance‑in‑force to be broadly stable, is targeting $190M–$200M in operating expenses and said it is strengthening reinsurance — actions that reduce volatility to capital and earnings. MGIC outlines 2026 insurance in force stability and targets $190M–$200M
• Positive Sentiment: Q4 EPS beat and strong profitability metrics: MGIC reported $0.75 EPS (above consensus) and delivered solid full‑year net income, high net margin and ROE — underlining earnings power even as revenue slipped. MGIC Q4 Earnings Beat Estimates, Revenues Miss
• Positive Sentiment: Dividend maintained/announced: MGIC set a quarterly dividend (offsetting some investor income concerns and signaling capital confidence). Q4 Results / Dividend Announcement
• Neutral Sentiment: Earnings call/transcript available for detail: Management provided slides and a transcript that explain loss‑ratio drivers and reserve positions — read if you need nuance on sustainability. Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst repositioning: Barclays adjusted its price target to $28 and keeps an equal‑weight rating — a modestly tempered outlook that still implies limited upside. Barclays price target update
• Negative Sentiment: Top‑line miss and margin pressure: Revenue came in below consensus (~$298.7M vs. ~$308M expected) and commentary flagged a higher year‑over‑year loss ratio, which pressures near‑term underwriting margins. Topline miss and loss ratio increase
• Negative Sentiment: Insider sale: COO Salvatore Miosi sold 30,000 shares (reducing his stake ~6.2%), a signal some investors treat negatively even if for personal/liquidity reasons. Insider sale: Salvatore Miosi

About MGIC Investment

MGIC Investment Corporation (NYSE: MTG) is a leading provider of private mortgage insurance in the United States. Established in 1957 as the nation’s first private mortgage insurer, MGIC helps lenders manage credit risk and facilitates homeownership by protecting mortgage loans against default. Headquartered in Milwaukee, Wisconsin, the company operates through its principal subsidiary, Mortgage Guaranty Insurance Corporation, and maintains relationships with a broad network of originators and servicers nationwide.

The company’s primary business activity involves issuing mortgage insurance policies that enable borrowers to purchase homes with down payments below traditional lending thresholds.