Barclays holds USD 29.00 target for MGIC Investment stock

Published on 10/17/2026 at 20:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MGIC Investment posted a P/E of 8.70 on October 16, 2026. MGIC Investment stock cost USD 27.85 at 4:00 p.m. ET, up 0.87 percent on the NYSE.

Analyst coverage and calendar

Barclays set a USD 29.00 target on October 5, 2026, while keeping an Equal Weight rating.
MGIC Investment had a P/E ratio of 8.70 on October 16, 2026.
MGIC Investment stock cost USD 27.85 at 4:00 p.m. ET on October 16, 2026, up 0.87 percent on the NYSE.
MGIC Investment is scheduled to report third-quarter results on November 4, 2026.

MTG, US5528481030, Illustration mit AI erstellt.

Barclays set a USD 29.00 price target for MGIC Investment on October 5, 2026, after raising it from USD 28.00 while retaining an Equal Weight rating, according to Markets Insider. MGIC Investment Corporation (ISIN US5528481030) last traded at USD 27.85 on the NYSE on October 16, 2026 at 4:00 p.m. ET, up 0.87 percent from the prior close.

Valuation stays below the peer group

MGIC Investment finished October 16, 2026, at a trailing P/E ratio of 8.70. Its market capitalization stood at USD 5.7 billion, while the stock remained 12.67 percent below its 52-week high of USD 31.89 and 12.80 percent above its 52-week low of USD 24.69. The year-to-date performance was minus 4.69 percent.

Mortgage insurance peers moved higher

Trading activity placed MGIC Investment between two listed mortgage insurance peers on October 16, 2026. The comparison uses the same day's market figures and shows a stronger daily move for both peers.

Comparison with peers

MGIC Investment: plus 0.87 percent, P/E 8.70, market capitalization USD 5.7 billion
NMI Holdings (NASDAQ, USD): plus 1.52 percent, P/E 8.01, market capitalization USD 3.1 billion
Essent Group (NYSE, USD): plus 1.47 percent, P/E 9.02, market capitalization USD 5.8 billion

Valuation and November 4 date

MGIC Investment is scheduled to report its third-quarter results on November 4, 2026, according to Yahoo Finance. The date gives investors the next scheduled checkpoint after the October 16 close. Barclays' USD 29.00 target stands USD 1.15 above the latest NYSE price, or 4.13 percent, while the broader one-year target estimate cited by Yahoo Finance was USD 31.40.

Next scheduled market checkpoint

The stock's valuation sits below Essent Group's P/E ratio but above NMI Holdings' ratio. The next company-specific date is November 4, 2026, when MGIC Investment is scheduled to report third-quarter results. MGIC Investment last traded at USD 27.85 on the NYSE on October 16, 2026 at 4:00 p.m. ET, up 0.87 percent from the prior close.