MGIC InvestmentMTG
MTG
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
56% more call options, than puts
Call options by funds: $1.44M | Put options by funds: $925K
11% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 47
0% less funds holding
Funds holding: 406 [Q3] → 405 (-1) [Q4]
10% less repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 151
2.41% less ownership
Funds ownership: 97.92% [Q3] → 95.5% (-2.41%) [Q4]
12% less capital invested
Capital invested by funds: $6.5B [Q3] → $5.74B (-$761M) [Q4]
43% less funds holding in top 10
Funds holding in top 10: 7 [Q3] → 4 (-3) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$26
3%
upside
Avg. target
$27
6%
upside
High target
$28
11%
upside
4 analyst ratings
0 positive
0%
4 neutral
100%
0 negative
0%
UBS Douglas Harter 64% 1-year accuracy 18 / 28 met price target | 3%upside $26 | Neutral Maintained | 19 Feb 2025 |
Barclays Terry Ma 52% 1-year accuracy 11 / 21 met price target | 3%upside $26 | Equal-Weight Maintained | 5 Feb 2025 |
Compass Point Giuliano Bologna 43% 1-year accuracy 6 / 14 met price target | 7%upside $27 | Neutral Downgraded | 5 Feb 2025 |
Keefe, Bruyette & Woods Bose George 68% 1-year accuracy 28 / 41 met price target | 11%upside $28 | Market Perform Maintained | 8 Jan 2025 |
Financial journalist opinion
Based on 3 articles about MTG published over the past 30 days
Positive
Zacks Investment Research
5 days ago
MGIC Investment (MTG) Is Up 1.95% in One Week: What You Should Know
Does MGIC Investment (MTG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Positive
Zacks Investment Research
1 week ago
MGIC (MTG) Upgraded to Buy: Here's What You Should Know
MGIC (MTG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Negative
Zacks Investment Research
2 weeks ago
MTG Stock Lags Industry, Trades at a Discount: Should You Buy or Wait?
Given the U.S. housing market expected to grow at a slow rate, downward pressure on home prices and intense competition, it is wise to stay cautious on MTG.
Negative
Seeking Alpha
1 month ago
MGIC Investment: A Junk Bond Earnings Yield With Growth
MGIC Investment: A Junk Bond Earnings Yield With Growth
Positive
Zacks Investment Research
1 month ago
MGIC Investment Q4 Earnings Beat, Revenues Miss Estimates
MTG's fourth quarter results higher new insurance written, improved net investment income, and higher insurance in force.
Neutral
Seeking Alpha
1 month ago
MGIC Investment Corporation (MTG) Q4 2024 Earnings Call Transcript
MGIC Investment Corporation (NYSE:MTG ) Q4 2024 Earnings Conference Call February 4, 2025 10:00 AM ET Company Participants Dianna Higgins - Head of Investor Relations Tim Mattke - Chief Executive Officer Nathan Colson - Chief Financial Officer and Chief Risk Officer Conference Call Participants Terry Ma - Barclays Mihir Bhatia - Bank of America Bose George - KBW Douglas Harter - UBS Scott Heleniak - RBC Capital Markets Geoffrey Dunn - Dowling & Partners Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Q4 2024 MGIC Investment Corporation Earnings Conference Call.
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, MGIC (MTG) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for MGIC (MTG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 month ago
MGIC Investment (MTG) Q4 Earnings Top Estimates
MGIC Investment (MTG) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.67 per share a year ago.
Neutral
PRNewsWire
1 month ago
MGIC Investment Corporation Reports Fourth Quarter 2024 Results
Fourth Quarter 2024 Net Income of $184.7 million or $0.72 per Diluted Share Fourth Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $184.5 million or $0.72 per Diluted Share Full Year 2024 Net Income of $763.0 million or $2.89 per Diluted Share Full Year 2024 Adjusted Net Operating Income (Non-GAAP) of $768.5 million or $2.91 per Diluted Share MILWAUKEE , Feb. 3, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the fourth quarter of 2024. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "As we close another year on a high note with strong financial results in the fourth quarter while returning meaningful capital to our shareholders, I am looking forward to the opportunities that lie before us in the new year.
Neutral
PRNewsWire
2 months ago
MGIC Investment Corporation Announces Quarterly Dividend of $0.13 Per Share
MILWAUKEE , Jan. 28, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share, payable on March 5, 2025, to shareholders of record as of February 18, 2025. About MGIC Mortgage Guaranty Insurance Corporation ("MGIC") (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance.
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