Enact ACT
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Enact (ACT) Business Model and Operations Summary
Enact Holdings Inc is a private mortgage insurance company serving the United States housing finance market. The principal mortgage insurance customers are originators of residential mortgage loans who determine which mortgage insurer or insurers will be used for the placement of mortgage insurance written on loans originated. The company is engaged in writing and assuming residential mortgage guaranty insurance.
Key Insights
Enact (ACT) Core Market Data and Business Metrics
Latest Closing Price
$35.41Market Cap
$5.36 BillionPrice-Earnings Ratio
8.10Total Outstanding Shares
151.88 Million SharesTotal Employees
421Dividend
$0.18 Per Share QuarterlyIPO Date
September 16, 2021SIC Description
Insurance Agents, Brokers & ServicePrimary Exchange
NASDAQHeadquarters
8325 Six Forks Road, Raleigh, NC, 27615
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 220,454 Shares | 7.21 | 3/14/2025 | 1,589,990 Shares |
| 266,717 Shares | 5.92 | 2/28/2025 | 1,578,611 Shares |
| 273,793 Shares | 5.37 | 2/14/2025 | 1,471,162 Shares |
| 315,342 Shares | 5.82 | 1/31/2025 | 1,834,357 Shares |
| 323,901 Shares | 4.9 | 1/15/2025 | 1,587,392 Shares |
| 207,686 Shares | 8.05 | 12/31/2024 | 1,671,731 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow | $-16.25 Million |
| Net Cash Flow From Financing Activities, Continuing | $-382.00 Million |
| Net Cash Flow From Financing Activities | $-382.00 Million |
| Net Cash Flow, Continuing | $-16.25 Million |
| Net Cash Flow From Operating Activities, Continuing | $686.26 Million |
| Net Cash Flow From Investing Activities, Continuing | $-320.51 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Costs And Expenses | $323.71 Million |
| Common Stock Dividends | $0.72 |
| Benefits Costs and Expenses | $323.71 Million |
| Income Tax Expense/Benefit | $189.99 Million |
| Preferred Stock Dividends And Other Adjustments | $0 |
| Interest Expense, Operating | $51.16 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $711.01 Million |
| Comprehensive Income/Loss | $711.01 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $22.95 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $711.01 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Noncurrent Assets | $0 |
| Liabilities And Equity | $6.52 Billion |
| Equity Attributable To Parent | $5.00 Billion |
| Long-term Debt | $743.05 Million |
| Current Assets | $6.52 Billion |
| Equity Attributable To Noncontrolling Interest | $0 |
Historical Dividends
Current dividend: $0.18 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 4, 2025 | Mar 14, 2025 | Feb 21, 2025 | $0.185 | Quarterly |
| Nov 6, 2024 | Dec 5, 2024 | Nov 18, 2024 | $0.185 | Quarterly |
| Jul 31, 2024 | Sep 9, 2024 | Aug 28, 2024 | $0.185 | Quarterly |
| May 1, 2024 | Jun 13, 2024 | May 29, 2024 | $0.185 | Quarterly |
| Feb 20, 2024 | Mar 13, 2024 | Feb 28, 2024 | $0.16 | Quarterly |
| Nov 1, 2023 | Dec 5, 2023 | Nov 16, 2023 | $0.16 | Quarterly |