23.82
price up icon0.59%   0.14
 
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Mgic Investment Corp Stock (MTG) Forecast

The Mgic Investment Corp (MTG) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $21.06, representing a -11.59% decrease from the current price of $23.82. The highest analyst price target is $21.30, and the lowest is $20.82.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month MTG Price Target
Average 16.70 (-29.91% Downside)
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Is Mgic Investment Corp (MTG) A Buy Now?

Oscillators
Name Value Action
RSI(14) 38.80 Neutral
STOCH(9,6) 19.19 Buy
STOCHRSI(14) 35.23 Neutral
MACD(12,26) -0.4217 Sell
ADX(14) 23.77 Neutral
William %R -70.52 Neutral
CCI(14) -53.50 Neutral
Buy: 1 Sell: 1 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
24.11
Sell
24.08
Sell
MA20
24.88
Sell
24.48
Sell
MA50
24.98
Sell
24.79
Sell
MA100
24.90
Sell
24.46
Sell
MA200
23.16
Buy
23.17
Buy
Buy: 2 Sell: 8 Neutral: 0
Summary: Sell
According to our latest analysis, MTG could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 9 signaling Sell signals and 5 Neutral signals. This might not be a good time to consider opening new positions on MTG, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 38.8 indicates that MTG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 19.19 indicates that MTG is oversold. This indicates that MTG price is at or near the lowest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 35.23 indicates that MTG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 23.77 suggests that there may be some movement in price, but it lacks strength or conviction.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -53.5 indicates that MTG is still oversold but not to an extreme extent.

Long-term MTG price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Mgic Investment Corp financial reports and earnings history, Mgic Investment Corp (MTG) stock could reach $27.40 by 2030, $41.25 by 2040 and $55.73 by 2050. See the projected annual prices until 2050 of the Mgic Investment Corp stock below:

  • Mgic Investment Corp (MTG) is expected to reach an average price of $35.88 in 2035, with a high prediction of $36.16 and a low estimate of $34.62. This indicates an $50.63% rise from the last recorded price of $23.82.
  • Mgic Investment Corp (MTG) stock is projected to chart a bullish course in 2040, with an average price target of $41.18, representing an $72.87% surge from its current level. The forecast ranges from a conservative $39.33 to a sky-high $41.25.
  • Our analysts predict Mgic Investment Corp (MTG) to jump 96.40% by 2045, soaring from $46.40 to an average price of $46.78, potentially reaching $48.38. While $46.40 is the low estimate, the potential upside is significant.
  • Mgic Investment Corp (MTG) stock is expected to climb by 2050, reaching an average of $54.65, a $129.42% jump from its current level. However, a wide range of estimates exists, with high and low targets of $55.73 and $54.13, respectively, highlighting the market's uncertainty.

Mgic Investment Corp Stock (MTG) Year by Year Forecast

Mgic Investment Corp Stock (MTG) Price Forecast for 2025

Mgic Investment Corp Stock (MTG) is expected to reach an average price of $16.70 in 2025, with a high prediction of $22.12 and a low estimate of $11.28. This indicates an -29.91% fall from the last recorded price of $23.82.
Month Average Low High Change from today's price
January, 2025 $20.87 $20.82 $21.30 -12.40%
February, 2025 $20.67 $20.42 $21.01 -13.22%
March, 2025 $18.76 $18.76 $22.12 -21.26%
April, 2025 $13.32 $11.28 $20.05 -44.08%
May, 2025 $12.81 $11.93 $14.48 -46.24%
June, 2025 $13.75 $13.08 $14.98 -42.29%
July, 2025 $15.36 $13.87 $17.49 -35.51%
August, 2025 $14.63 $14.14 $15.82 -38.60%
September, 2025 $15.77 $14.41 $15.82 -33.81%
October, 2025 $16.66 $15.63 $16.97 -30.07%
November, 2025 $16.12 $15.54 $17.04 -32.34%
December, 2025 $17.37 $16.07 $18.11 -27.09%

Mgic Investment Corp Stock (MTG) Price Forecast for 2026

The predicted value for Mgic Investment Corp (MTG) in 2026 is set at an average of $20.33. Estimates vary from a peak of $23.30 to a trough of $17.36, indicating an -14.65% surge from the present price of $23.82.
Month Average Low High Change from today's price
January, 2026 $19.45 $17.36 $19.97 -18.36%
February, 2026 $19.76 $19.26 $20.07 -17.06%
March, 2026 $20.84 $19.30 $21.10 -12.52%
April, 2026 $20.15 $19.01 $21.27 -15.42%
May, 2026 $20.51 $19.32 $21.41 -13.91%
June, 2026 $21.88 $19.71 $21.88 -8.16%
July, 2026 $21.87 $20.91 $23.27 -8.20%
August, 2026 $22.14 $21.55 $22.54 -7.07%
September, 2026 $21.35 $20.95 $22.42 -10.38%
October, 2026 $22.16 $20.75 $22.27 -6.98%
November, 2026 $23.05 $22.04 $23.30 -3.24%
December, 2026 $22.78 $22.29 $23.24 -4.38%

Mgic Investment Corp Stock (MTG) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Mgic Investment Corp (MTG) is $22.24, with a high forecast of $24.84 and a low forecast of $19.63. This indicates an -6.64% decrease from the last price of $23.82.
Month Average Low High Change from today's price
January, 2027 $24.35 $22.87 $24.48 +2.23%
February, 2027 $22.89 $22.69 $24.55 -3.92%
March, 2027 $21.86 $21.73 $23.28 -8.24%
April, 2027 $24.46 $21.09 $24.84 +2.68%
May, 2027 $23.50 $22.58 $24.50 -1.35%
June, 2027 $22.71 $22.45 $24.46 -4.67%
July, 2027 $21.68 $21.67 $22.65 -8.99%
August, 2027 $21.38 $20.96 $22.20 -10.25%
September, 2027 $21.97 $20.80 $22.28 -7.78%
October, 2027 $20.01 $19.63 $22.53 -16.00%
November, 2027 $21.23 $19.74 $21.42 -10.88%
December, 2027 $23.47 $21.09 $23.48 -1.48%

Mgic Investment Corp Stock (MTG) Price Forecast for 2028

In 2028, Mgic Investment Corp (MTG) is projected to reach an average price of $22.74, with a high projection of $24.91 and a low estimate of $20.58. This indicates an -4.52% fall from the last price of $23.82.
Month Average Low High Change from today's price
January, 2028 $22.38 $22.21 $24.12 -6.05%
February, 2028 $21.25 $21.11 $23.16 -10.80%
March, 2028 $22.13 $20.58 $22.37 -7.10%
April, 2028 $22.11 $21.51 $22.68 -7.19%
May, 2028 $21.50 $21.14 $22.48 -9.75%
June, 2028 $22.33 $20.91 $22.43 -6.26%
July, 2028 $22.57 $22.22 $23.33 -5.25%
August, 2028 $21.60 $21.40 $22.95 -9.33%
September, 2028 $21.99 $20.86 $22.27 -7.69%
October, 2028 $23.55 $21.86 $23.77 -1.14%
November, 2028 $24.39 $23.30 $24.46 +2.39%
December, 2028 $24.66 $23.88 $24.91 +3.52%

Mgic Investment Corp Stock (MTG) Price Forecast for 2029

The 2029 price forecast for Mgic Investment Corp Stock (MTG) is $27.91 on average, with a high prediction of $31.75 and a low estimate of $24.07. This represents an +17.17% increase from the previous price of $23.82.
Month Average Low High Change from today's price
January, 2029 $25.66 $24.07 $25.98 +7.72%
February, 2029 $26.29 $25.56 $27.19 +10.37%
March, 2029 $26.28 $26.01 $26.85 +10.32%
April, 2029 $26.21 $25.33 $26.68 +10.03%
May, 2029 $26.78 $25.38 $26.98 +12.42%
June, 2029 $26.86 $26.35 $27.06 +12.76%
July, 2029 $28.46 $26.56 $28.79 +19.48%
August, 2029 $29.06 $28.18 $29.48 +22.00%
September, 2029 $28.55 $27.92 $29.26 +19.86%
October, 2029 $31.10 $28.42 $31.32 +30.56%
November, 2029 $29.18 $28.61 $31.75 +22.50%
December, 2029 $27.00 $26.64 $30.16 +13.33%

Mgic Investment Corp Stock (MTG) Price Forecast for 2030

Mgic Investment Corp Stock (MTG) is expected to reach an average price of $23.60 in 2030, with a high forecast of $28.99 and a low forecast of $18.21. This signifies an -0.92% decrease from the last price of $23.82.
Month Average Low High Change from today's price
January, 2030 $26.81 $26.27 $27.40 +12.53%
February, 2030 $26.83 $25.95 $27.01 +12.64%
March, 2030 $25.89 $25.56 $26.92 +8.67%
April, 2030 $25.85 $25.04 $26.03 +8.50%
May, 2030 $25.95 $25.76 $26.54 +8.92%
June, 2030 $27.57 $25.72 $27.86 +15.73%
July, 2030 $27.59 $27.10 $27.79 +15.81%
August, 2030 $27.96 $27.36 $28.10 +17.36%
September, 2030 $27.54 $27.50 $27.97 +15.62%
October, 2030 $27.42 $27.28 $28.99 +15.10%
November, 2030 $23.43 $23.15 $27.58 -1.65%
December, 2030 $18.94 $18.21 $22.82 -20.48%
$53.84
price up icon 0.82%
insurance_specialty FAF
$63.52
price up icon 1.65%
insurance_specialty ACT
$32.77
price up icon 0.77%
insurance_specialty RDN
$31.93
price up icon 0.31%
insurance_specialty AXS
$89.98
price up icon 0.13%
Cap:     |  Volume (24h):