MGIC Investment Corporation (MTG) Social Stream



MGIC Investment Corporation (MTG): $22.41

0.11 (+0.49%)

POWR Rating

Component Grades

Momentum

A

Stability

C

Sentiment

Quality

C

MGIC INVESTMENT CORP (MTG) Price Targets From Analysts

The tables below show price targets and recommendations from analysts covering MGIC INVESTMENT CORP.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-11 5 $19 $16 $17.4 $19.21 -9.42%
2021-11-17 5 $19 $16 $17.5 $19.21 -8.9%
2022-02-02 5 $23 $16 $18.3 $19.21 -4.74%
2022-04-12 5 $23 $16 $18.5 $19.21 -3.7%
2022-05-05 3 $23 $16 $18.375 $19.21 -4.35%
2022-05-11 3 $23 $16 $18.5 $19.21 -3.7%
2022-08-04 3 $23 $16 $18.5 $19.21 -3.7%
2022-08-13 2 $23 $16 $18.5 $19.21 -3.7%
2022-09-17 2 $23 $16 $18.5 $19.21 -3.7%
2022-11-03 4 $18 $16 $16.75 $19.21 -12.81%
2022-11-17 4 $18 $14.5 $16.3 $19.21 -15.15%
2023-01-27 4 $18 $14 $15.9 $19.21 -17.23%
2023-03-18 5 $18 $14 $16.083 $19.21 -16.28%
2023-04-11 5 $18 $14 $16.6 $19.21 -13.59%
2023-05-09 6 $18 $14 $16.6 $19.21 -13.59%
2023-06-06 6 $18 $14 $17.2 $19.21 -10.46%
2023-07-28 6 $18 $14 $16.95 $19.21 -11.76%
2023-08-03 6 $21 $14 $17.45 $19.21 -9.16%
2023-10-06 6 $21 $14 $18.333 $19.21 -4.57%
2023-11-12 6 $21 $14 $18.571 $19.21 -3.33%
2023-11-15 7 $21 $18 $19.285 $19.21 0.39%
2023-12-06 7 $21 $18 $19.187 $19.21 -0.12%

The Trend in the Analyst Price Target


Over the past 42 months, MTG's average price target has gone up $6.99.

MTG reports an average of 9.33% for its upside potential over the past 45 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-02-08 5 18 14 16.083 13.96 15.21%
2023-06-06 6 18 14 17.000 15.87 7.12%
2023-07-28 6 18 14 16.950 16.87 0.47%
2023-11-12 6 21 14 18.571 17.69 4.98%
2023-11-15 6 21 18 19.285 17.85 8.04%

MTG Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2 3 1 3 0 0 7

The Trend in the Broker Recommendations


Over the past 31 weeks, MTG's average broker recommendation rating worsened by 0.33.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for MTG as an investment opportunity.

  • To contextualize these metrics, consider that out of all US stocks, MGIC INVESTMENT CORP's upside potential (average analyst target price relative to current price) is higher than 475.14% of them.
  • In terms of how MGIC INVESTMENT CORP fares relative to Insurance stocks, note that its average analyst price target is greater than 275.73% of that group.
  • To contextualize these metrics, consider that out of Insurance stocks, MGIC INVESTMENT CORP's number of analysts covering the stock is higher than 519.2% of them.
  • MTG has a lower variance in analysts' estimates than -987.41% of Insurance stocks.

In terms of price targets and recommendations offered by analysts, the stocks in the Insurance industry with the ratings most similar to MGIC INVESTMENT CORP are MBI, ORI, and FAF.

What is the outlook for MTG? Use POWR Ratings for clearer insight into price direction.


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