MGIC Investment Corporation (MTG) Social Stream
Mgic Investment Corp (MTG) Price Targets From Analysts
Use the tables below to see what analysts covering Mgic Investment Corp think about its future price and what recommendations they have for investors and traders.
| 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 | $13.55 | 28.41% |
| 2021-11-17 | 5 | $19 | $16 | $17.5 | $13.55 | 29.15% |
| 2022-02-02 | 5 | $23 | $16 | $18.3 | $13.55 | 35.06% |
| 2022-03-04 | 5 | $23 | $16 | $18.5 | $13.55 | 36.53% |
The Trend in the Analyst Price Target
Over the past 45 weeks, MTG's average price target has gone up $2.45.
Over the past 48 weeks, MTG's average upside potential has been 16.56%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-06-26 | 6 | 18 | 15 | 16.65 | 14.17 | 17.5% |
| 2021-07-03 | 6 | 18 | 15 | 16.65 | 14.06 | 18.42% |
| 2021-07-10 | 6 | 18 | 15 | 16.75 | 13.65 | 22.71% |
| 2021-07-17 | 6 | 18 | 15 | 16.75 | 13.61 | 23.07% |
| 2021-08-01 | 6 | 18 | 15 | 16.75 | 13.84 | 21.03% |
MTG Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.8 | 3 | 0 | 2 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
MTG's average broker recommendation rating improved by 0 over the prior 28 days.
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 average analyst price target is greater than 79.68% of them.
- In the context of Insurance stocks, Mgic Investment Corp's variance in analysts' estimates is lower than -92.32% of them.
- Mgic Investment Corp's number of analysts covering the stock is greater than 102.96% of stocks in the mid market cap category.
- In the context of Financial Services stocks, Mgic Investment Corp's upside potential (average analyst target price relative to current price) is greater than 289.42% of them.
Stocks similar to Mgic Investment Corp in the Insurance industry regarding analyst recommendations and price targets are MBI, ESNT, and AGO.
Make investment decisions regarding MTG using the data that counts. Try POWR Ratings for free.