MGIC Investment Corp (MTG) concluded trading on Thursday at a closing price of $25.87, with 3.84 million shares of worth about $99.45 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.41% during that period and on July 10, 2025 the price saw a loss of about -2.67%. Currently the company’s common shares owned by public are about 240.19M shares, out of which, 232.40M shares are available for trading.
Stock saw a price change of -7.31% in past 5 days and over the past one month there was a price change of -0.69%. Year-to-date (YTD), MTG shares are showing a performance of 21.51% which increased to 9.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $21.47 but also hit the highest price of $28.67 during that period. The average intraday trading volume for MGIC Investment Corp shares is 1.99 million. The stock is currently trading -5.20% below its 20-day simple moving average (SMA20), while that difference is down -2.82% for SMA50 and it goes to 3.14% higher than SMA200.
MGIC Investment Corp (NYSE: MTG) currently have 240.19M outstanding shares and institutions hold larger chunk of about 97.86% of that.
The stock has a current market capitalization of $6.14B and its 3Y-monthly beta is at 0.90. PE ratio of stock for trailing 12 months is 8.60, while it has posted earnings per share of $3.01 in the same period. Its PEG reads 2.30 while making debt-to-equity ratio of 0.13. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MTG, volatility over the week remained 2.72% while standing at 2.06% over the month.
Stock’s fiscal year EPS is expected to rise by 0.30% while it is estimated to increase by 3.74% in next year. EPS is likely to shrink at an annualized rate of 3.74% for next 5-years, compared to annual growth of 9.32% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Compass Point on February 05, 2025 offering a Neutral rating for the stock and assigned a target price range of between $24 and $27 to it. Coverage by Keefe Bruyette stated MGIC Investment Corp (MTG) stock as a Mkt perform in their note to investors on December 10, 2024, suggesting a price target of $29 for the stock. On December 09, 2024, BofA Securities Downgrade their recommendations, while on June 03, 2024, Keefe Bruyette Upgrade their ratings for the stock with a price target of $25. Stock get a Mkt perform rating from Keefe Bruyette on April 04, 2024.
