UBS Group Cuts MGIC Investment Price Target

Analysts lower price target on mortgage insurance provider to $28.00

Mar. 12, 2026 at 9:07pm

UBS Group reduced their price target on MGIC Investment (NYSE:MTG) from $29.50 to $28.00 and maintained a "neutral" rating on the stock. The analysts cited ongoing market conditions and economic factors in their decision to lower the price target on the insurance provider.

Why it matters

MGIC Investment is one of the largest private mortgage insurance providers in the United States. The company's stock performance and analyst ratings can signal broader trends in the housing and mortgage finance markets.

The details

In a research report, UBS Group analysts lowered their price target on MGIC Investment from $29.50 to $28.00, while keeping a "neutral" rating on the stock. The analysts noted that the revised target price still represents a potential upside of 7.17% from the company's current trading price.

  • The price target cut was issued on Thursday, March 12, 2026.

The players

UBS Group

A global financial services firm that provides investment banking, asset management, and wealth management services.

MGIC Investment

A leading provider of private mortgage insurance in the United States, headquartered in Milwaukee, Wisconsin.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The price target cut by UBS Group reflects ongoing challenges and uncertainty in the mortgage insurance market, which could impact MGIC Investment's financial performance and stock price in the near term.