What is William Blair’s Estimate for MGIC Q1 Earnings?

Magic Software Enterprises Ltd. (NASDAQ:MGIC) – Equities research analysts at William Blair lowered their Q1 2026 earnings estimates for shares of Magic Software Enterprises in a research report issued to clients and investors on Tuesday, November 18th. William Blair analyst M. Nolan now forecasts that the software maker will earn $0.28 per share for the quarter, down from their previous forecast of $0.29. The consensus estimate for Magic Software Enterprises’ current full-year earnings is $0.95 per share. William Blair also issued estimates for Magic Software Enterprises’ Q2 2026 earnings at $0.29 EPS, Q3 2026 earnings at $0.30 EPS and Q4 2026 earnings at $0.29 EPS.

MGIC has been the subject of several other reports. Wall Street Zen downgraded Magic Software Enterprises from a “buy” rating to a “hold” rating in a research note on Saturday, August 16th. Barclays increased their target price on shares of Magic Software Enterprises from $16.00 to $18.00 and gave the company an “overweight” rating in a research report on Wednesday, August 13th. Zacks Research downgraded shares of Magic Software Enterprises from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Finally, Weiss Ratings started coverage on shares of Magic Software Enterprises in a research note on Monday, November 10th. They set a “hold (c)” rating for the company. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $18.00.

Magic Software Enterprises Stock Performance

NASDAQ MGIC opened at $22.64 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.61 and a quick ratio of 1.61. The stock’s 50 day simple moving average is $20.87 and its 200-day simple moving average is $19.33. The company has a market cap of $1.11 billion, a PE ratio of 29.03 and a beta of 0.90. Magic Software Enterprises has a 1-year low of $10.83 and a 1-year high of $24.94.

Magic Software Enterprises (NASDAQ:MGIC) last posted its quarterly earnings data on Tuesday, November 18th. The software maker reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.04). Magic Software Enterprises had a return on equity of 15.85% and a net margin of 6.58%.The firm had revenue of $161.70 million during the quarter, compared to analyst estimates of $154.80 million. Magic Software Enterprises has set its FY 2025 guidance at EPS.

Hedge Funds Weigh In On Magic Software Enterprises

Several large investors have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new stake in shares of Magic Software Enterprises during the 2nd quarter worth about $33,000. Quent Capital LLC acquired a new stake in Magic Software Enterprises in the 3rd quarter valued at approximately $41,000. State of Tennessee Department of Treasury acquired a new position in Magic Software Enterprises during the second quarter worth $46,000. CWM LLC boosted its position in shares of Magic Software Enterprises by 1,045.5% during the third quarter. CWM LLC now owns 2,291 shares of the software maker’s stock worth $47,000 after buying an additional 2,091 shares during the period. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Magic Software Enterprises in the third quarter valued at $62,000. Institutional investors and hedge funds own 24.70% of the company’s stock.

Magic Software Enterprises Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th will be paid a dividend of $0.151 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a $0.60 annualized dividend and a yield of 2.7%. Magic Software Enterprises’s dividend payout ratio (DPR) is 75.64%.

About Magic Software Enterprises

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