MGIC Investment (MTG)
(Delayed Data from NYSE)
$23.59 USD
+0.19 (0.81%)
Updated Jul 22, 2024 04:00 PM ET
After-Market: $23.60 +0.01 (0.04%) 7:58 PM ET
2-Buy of 5 2
B Value B Growth D Momentum B VGM
MGIC Investment (MTG) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$22.64 | $25.00 | $21.00 | -3.25% |
Price Target
Based on short-term price targets offered by seven analysts, the average price target for MGIC Investment comes to $22.64. The forecasts range from a low of $21.00 to a high of $25.00. The average price target represents a decline of 3.25% from the last closing price of $23.40.
Analyst Price Targets (7 )
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 1.88 a month ago based on eight 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 50%, while Buy represented 12.5%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/MTG.png)
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 | 0 | 0 |
Hold | 4 | 3 | 3 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.00 | 1.88 | 1.88 | 2.00 | 2.00 |
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 |
---|---|---|---|---|
7/9/2024 | Not Identified | Not Identified | Hold | Hold |
7/9/2024 | Dowling & Partners | Geoffrey M Dunn | Not Available | Hold |
6/3/2024 | Keefe Bruyette & Woods | Bose T George | Hold | Moderate Buy |
5/22/2024 | UBS | Douglas Harter | Hold | Hold |
3/15/2024 | Compass Point Research & Trading | Giuliano Bologna | Strong Buy | Strong Buy |
2/2/2024 | Roth Capital Partners | Harry Fong | Strong Buy | Strong Buy |
2/2/2024 | Not Identified | Not Identified | Hold | Hold |
1/7/2024 | BTIG | Eric J Hagen | Not Available | Strong Buy |
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) | 1.88 |
# of Recs in ABR | 9 |
Average Target Price | $22.64 |
LT Growth Rate | 1.20% |
Industry | Insurance - Multi line |
Industry Rank by ABR | 184 of 252 |
Current Quarter EPS Est: | 0.62 |