Mgic (MTG) Stock
Leading US private mortgage insurer for home loans. Here's the price, business snapshot, and what's worth knowing about Mgic in October 2026.
MGIC Investment Corp. (MTG) is a leading US private mortgage insurer that helps lenders manage credit risk on mortgage loans. The company earns premiums from mortgage insurance policies and invests premium proceeds, while paying claims when insured borrowers default. Its financial performance is tied closely to the US housing market, borrower credit profiles, unemployment and interest-rate trends. MGIC’s capital levels, underwriting standards and loss reserves are key indicators investors watch, as are regulatory developments affecting mortgage lending. The business can be cyclical: stronger home prices and employment generally reduce claims, while downturns can increase losses. This summary is for general educational purposes only and is not personal financial advice. Mortgage-insurance stocks can be volatile and suitability depends on an investor’s objectives, time horizon and risk tolerance; consult a qualified adviser before making investment decisions.
Mgic (MTG) Stock Forecast
Analyst price target, next 12 months
$27.00
+0.2% vs today's $26.95
Price range over the last 12 months
In the middle of its 12-month range
Analysts covering Mgic have a consensus 12-month target of $27.00, above the current price of $26.95.
Analyst targets are opinions, not guarantees. Capital at risk. Data as of 5 Oct 2026.
Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.
Sixth Month Growth Performance
Stock Performance Snapshot
Analyst Rating
Analysts suggest holding MGIC's stock with a target price of $27, indicating slight potential growth.
Financial Health
MGIC is performing well with strong revenue, cash flow, and profitability, indicating solid financial health.
Dividend
MGIC's dividend yield of 2.23% is reasonable for investors seeking dividends. If you invested $1000 you would be paid $22.30 a year in dividends (based on the last 12 months).
Why You’ll Want to Watch This Stock
Housing-cycle exposure
MTG’s results closely track US house prices and employment: stronger housing markets tend to lower claims, though downturns can raise losses.
Underwriting & reserves
Underwriting standards and reserve levels drive resilience after stress; investors watch capital adequacy and loss-development trends, with outcomes that may vary.
Regulation and policy
Mortgage rules and regulatory capital requirements influence MGIC’s business model and profitability, so policy shifts are worth monitoring.
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
