MGIC INVESTMENT CORP stock forecast: up to 12.63 USD MTG stock price prognosis


Forecast for Fri 19 May 2023 price 12.66

MGIC INVESTMENT CORP stock price forecast for further price development up to 0.16% (time horizon: 1 day) and price target of 12.63 USD. Short-term (time horizon: 2 weeks) MGIC INVESTMENT CORP share price prediction for 2023-05-19 with daily closed price projections

Key Facts

Symbol MTG 

ISIN US5528481030 

CUSIP 552848103

Currency USD

Category Surety Insurance

Forecast price change %

Finance numbers

Revenue 1,190,210,000.0

Earnings per share 1.30

Dividends 0.24

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

In 2020, our total revenues were $1.2 billion and our primary NIW was $112.1 billion. Positioned employees to continue to succeed and provide continuing high service levels. The impact of the Plan on private mortgage insurance is unclear. The timing and impact on our business of any resulting changes is uncertain. MGIC is in compliance with the PMIERs and eligible to insure loans purchased by the GSEs. As a result, such modifications or new loans are not included in our NIW. Premium rates cannot be changed after the issuance of coverage. The SMOC seeks to maintain an enterprise-wide view of risk. Risk Identification and Assessment. Delinquencies that are not cured result in a claim to us. Wells Fargo & Company39,018 9. Met Life Global Funding37,748 10. We refer to these requirements as the "State Capital Requirements." Our actual results could be affected by the risk factors below. We believe substantially all of the reported forbearance plans are COVID-19-related. Approximately 20% of our NIW in 2020 was on loans with DTI ratios greater than 43%. In addition, we continue to further automate our underwriting processes. This represents a conversion price of approximately $13.23 per share.

Summerized Form 10-K with GPT-2
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 52.08/100
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
American Portfolios Advisors 2022-03-31 915
American Portfolios Advisors 2022-09-30 800
AdvisorNet Financial, Inc 2022-09-30 784

Fund ownership list is based on filling form information

Fund name Date Amount Profile
SPDR SERIES TRUST 2022-12-31 37587 Long
SPDR SERIES TRUST 2022-12-31 8109 Long
SPDR SERIES TRUST 2022-12-31 668 Long
SPDR SERIES TRUST 2022-12-31 52549 Long

Bollinger Bollinger Bands for MGIC INVESTMENT CORP can provide the information where the market is moving based on price information.

MGIC INVESTMENT CORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns MGIC INVESTMENT CORP.

On-Balance Volume information for MGIC INVESTMENT CORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for MGIC INVESTMENT CORP. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for MGIC INVESTMENT CORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for MGIC INVESTMENT CORP. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for MGIC INVESTMENT CORP. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for MGIC INVESTMENT CORP. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for MGIC INVESTMENT CORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

52W High 52W Low Market Cap

Similar shares



Figure below show the stock predictions.
Date Closing price Prediction was updated
2023-04-05 12.63 2023-03-25 03:04
2023-04-07 12.63 2023-03-25 03:04
2023-04-24 12.63 2023-03-25 03:04
2023-04-25 12.63 2023-03-25 03:04
2023-05-08 12.64 2023-03-25 03:04
2023-05-09 12.64 2023-03-25 03:04
2023-05-10 12.65 2023-03-25 03:04
2023-04-26 12.63 2023-03-25 03:04
2023-04-27 12.63 2023-03-25 03:04
2023-04-28 12.64 2023-03-25 03:04
2023-05-01 12.63 2023-03-25 03:04
2023-05-02 12.63 2023-03-25 03:04
2023-05-03 12.64 2023-03-25 03:04
2023-05-04 12.64 2023-03-25 03:04
2023-05-05 12.64 2023-03-25 03:04
2023-05-11 12.65 2023-03-25 03:04
2023-05-12 12.65 2023-03-25 03:04
2023-05-15 12.65 2023-03-25 03:04
2023-05-16 12.65 2023-03-25 03:04
2023-05-19 12.66 2023-03-25 03:04
2023-05-17 12.66 2023-03-25 03:04
2023-05-18 12.66 2023-03-25 03:04
2023-03-27 12.78 2023-03-25 03:04
2023-03-28 12.78 2023-03-25 03:04
2023-03-29 12.73 2023-03-25 03:04
2023-03-30 12.68 2023-03-25 03:04
2023-03-31 12.70 2023-03-25 03:04
2023-04-03 12.69 2023-03-25 03:04
2023-04-04 12.67 2023-03-25 03:04
2023-04-06 12.66 2023-03-25 03:04
2023-04-10 12.59 2023-03-25 03:04
2023-04-11 12.62 2023-03-25 03:04
2023-04-12 12.62 2023-03-25 03:04
2023-04-13 12.61 2023-03-25 03:04
2023-04-14 12.62 2023-03-25 03:04
2023-04-17 12.63 2023-03-25 03:04
2023-04-18 12.62 2023-03-25 03:04
2023-04-19 12.62 2023-03-25 03:04
2023-04-20 12.63 2023-03-25 03:04
2023-04-21 12.63 2023-03-25 03:04

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.