Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate MGIC Investment Corporation before investing.

In this article, we go over a few key elements for understanding MGIC Investment Corporation’s stock price such as:

• MGIC Investment Corporation’s current stock price and volume
• Why MGIC Investment Corporation’s stock price changed recently
• Upgrades and downgrades for MTG from analysts
• MTG’s stock price momentum as measured by its relative strength

About MGIC Investment Corporation (MTG)

Before we jump into MGIC Investment Corporation’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services in the United States, the District of Columbia, Puerto Rico, and Guam. The company offers primary insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure on the mortgage or sale of the underlying property. It also provides contract underwriting services, as well as reinsurance services. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

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MGIC Investment Corporation’s Stock Price as of Market Close

As of October 02, 2026, 4:00 PM, CST, MGIC Investment Corporation’s stock price was $26.950.

MGIC Investment Corporation is up 2.2% from its previous closing price of $26.370.

During the last market session, MGIC Investment Corporation’s stock traded between $26.330 and $27.270. Currently, there are approximately 209.92 million shares outstanding for MGIC Investment Corporation.

MGIC Investment Corporation’s price-earnings (P/E) ratio is currently at 8.4, which is low compared to the Financial Services industry median of 16.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

MGIC Investment Corporation Stock Price History

MGIC Investment Corporation’s (MTG) price is currently up 4.3% so far this month.

During the month of October, MGIC Investment Corporation’s stock price has reached a high of $27.270 and a low of $25.700.

Over the last year, MGIC Investment Corporation has hit prices as high as $31.890 and as low as $24.690. Year to date, MGIC Investment Corporation’s stock is down 7.77%.

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What Caused MGIC Investment Corporation Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of October 02, 2026, there were 0 analysts who downgraded MGIC Investment Corporation’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate MGIC Investment Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on MGIC Investment Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

MGIC Investment Corporation’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about MGIC Investment Corporation (MTG) by visiting AAII Stock Evaluator.

Relative Price Strength of MGIC Investment Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of October 02, 2026, MGIC Investment Corporation has a weighted four-quarter relative price strength of -4.65%, which translates to a Momentum Score of 44 and is considered to be Average.

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MGIC Investment Corporation Stock Price: Bottom Line

As of October 2, 2026, MGIC Investment Corporation’s stock price is $26.950, which is up 2.2% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like MGIC Investment Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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