Analyst Price Target is $26.00
▲ +11.02% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for MGIC Investment in the last 3 months. The average price target is $26.00, with a high forecast of $30.00 and a low forecast of $22.00. The average price target represents a 11.02% upside from the last price of $23.42.
Current Consensus is
Hold
The current consensus among 7 investment analysts is to hold stock in MGIC Investment. This rating changed within the last month from a Moderate Buy consensus rating.
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides pool insurance for secondary market mortgage transactions; and contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
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