MGIC Investment Corp (NYSE:MTG) shares, rose in value, with the stock price down by -1.45% to the previous day’s close as strong demand from buyers drove the stock to $25.5.
Actively observing the price movement in the recent trading, the stock is buoying the session at $25.87, falling within a range of $25.385 and $25.795. The value of beta (5-year monthly) is 0.887 whereas the PE ratio is 8.48 over 12-month period. Referring to stock’s 52-week performance, its high was $28.67, and the low was $21.81. On the whole, MTG has fluctuated by -2.80% over the past month.
With the market capitalization of MGIC Investment Corp currently standing at about $6.05 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-30. The company’s Forward Dividend Ratio is 0.52, with its dividend yield at 2.04%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.23B, with a low estimate of 305.9M and a high estimate of 306.41M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 306.25M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MTG’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.27, with the price of MTG currently trading nearly -6.39% and -4.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.37, while the 7-day volatility ratio is showing 2.72% which for the 30-day chart, stands at 2.06%. Furthermore, MGIC Investment Corp (MTG)’s beta value is 0.90.
A comparison of MGIC Investment Corp (MTG) with its peers suggests the former has fared considerably weaker in the market. MTG showed an intraday change of -1.45% in today’s session so far, and over the past year, it grew by 7.53%%.
Data on historical trading for MGIC Investment Corp (NYSE:MTG) indicates that the trading volumes over the past 10 days have averaged 2.68 and over the past 3 months, they’ve averaged 1.99 million. According to company’s latest data on outstanding shares, there are 240.19 million shares outstanding.
Nearly 2.12% of MGIC Investment Corp’s shares belong to company insiders and institutional investors own 97.86% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.18 million shares as on 2025-06-13, resulting in a short ratio of 4.08. According to the data, the short interest in MGIC Investment Corp (MTG) stood at 366.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 9.0 million. The stock has risen by 19.14% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MTG stock heading into the next quarter.
