MGIC Investment Corp (MTG) Stock AnalysisMTGMGIC Investment Corp

MGIC Investment Corporation, through its principal subsidiary, Mortgage Guaranty Insurance Corporation, serves lenders throughout the United States. The Company provides private mortgage insurance, other mortgage credit risk management solutions and ancillary services. Its mortgage insurance includes primary insurance, and CRT and pool insurance. Primary insurance provides mortgage default protection on individual loans and covers a percentage of the unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. In connection with the GSEs' credit risk transfer programs, it provides insurance and reinsurance covering portions of the credit risk related to certain reference pools of mortgages acquired by the GSEs. Its non-insurance subsidiary provides contract underwriting services for lenders, pursuant to which loans are underwritten to conform to prescribed guidelines. It operates in the Financials sector (SURETY INSURANCE industry).

MGIC Investment Corp (MTG) is currently priced at $27.43, which is below the average analyst price target of $30.67. The company has shown a solid EPS growth of 6.1% year-over-year, reaching $0.87 in Q2 2026, which exceeded market expectations by 17.57%. However, the stock has a relatively low RSI of 45.564, indicating it is neither overbought nor oversold, and insider selling has increased by 354.70% over the last month, which raises concerns about future performance. Given these factors, it may be prudent to hold rather than buy at this moment.

12 analysts cover MTG: 10 rate it Buy, 2 Hold and 0 Sell. The average price target is 29.33.