Magic Software Enterprises Ltd. (MGIC) Stock Price, Quote & News

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

Magic Software Enterprise... (MGIC)

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

12.21

0.36 (3.04%)

At close: Jan 14, 2025, 3:59 PM

12.34

1.06%

Pre-market Jan 15, 2025, 07:00 AM EST

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Bid	11.68
Market Cap	599.50M
Revenue (ttm)	-
Net Income (ttm)	-
EPS (ttm)	0.7
PE Ratio (ttm)	17.44
Forward PE	n/a
Analyst	Buy

Ask	12.62
Volume	35,300
Avg. Volume (20D)	44,949
Open	12.26
Previous Close	11.85
Day's Range	12.15 - 12.30
52-Week Range	9.51 - 13.40
Beta	undefined

About MGIC

Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Servi...

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Industry Information Technology Services

Sector Technology

IPO Date Aug 30, 1991

Employees 3,628

Stock Exchange NASDAQ

Ticker Symbol MGIC

Website https://www.magicsoftware.com

Analyst Forecast

According to 1 analyst ratings, the average rating for MGIC stock is "Buy." The 12-month stock price forecast is $15, which is an increase of 22.85% from the latest price.

Buy 100.00%

Hold 0.00%

Sell 0.00%

Stock Forecasts

Next Earnings Release

Magic Software Enterprises Ltd. is scheduled to release its earnings on Mar 12, 2025, before market opens.
Analysts project revenue of $137.00M, reflecting a 9.12% YoY growth and earnings per share of 0.24, making a 0.00% YoY.

Why Price Moved

8 months ago · Source

-9.01%

Magic Software Enterprises shares are trading lowe... Unlock content with Pro Subscription

News

1 month ago · zacks.com

MGIC Investment Stock Rises 35.3% YTD: More Room for Growth?

MTG stock rallies on the back of solid insurance in force, lower delinquency, better housing market fundamentals and solid growth projections.

1 month ago · seekingalpha.com

Magic Software Enterprises Ltd. (MGIC) Q3 2024 Earnings Call Transcript

Magic Software Enterprises Ltd. (NASDAQ:MGIC ) Q3 2024 Earnings Conference Call November 18, 2024 9:30 AM ET Company Participants Asaf Berenstin - CFO Guy Bernstein - CEO Conference Call Participants ...

1 month ago · zacks.com

Magic Software (MGIC) Misses Q3 Earnings Estimates

Magic Software (MGIC) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.21 per share a year ago.

2 months ago · zacks.com

MGIC Investment Q3 Earnings Surpass Estimates on Higher Revenues

MTG's third-quarter earnings reflect higher new insurance written and improved net investment income, partially offset by lower insurance in force.

2 months ago · seekingalpha.com

MGIC Investment Q3: Home Prices Limit Potential Losses, But Hold Due To Valuation Concerns

MGIC Investment shares have gained 34% over the past year, but recently pulled back 10% due to concerns over the US housing market. Q3 earnings report showed $0.77 in adjusted EPS and a 3% revenue inc...