MGIC Investment Corp. MTG
$
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.
Key Insights
MGIC Investment Corp. (MTG) Core Market Data and Business Metrics
Latest Closing Price
$25.55Price-Earnings Ratio
8.84Total Outstanding Shares
242.53 Million SharesDividend
$0.13 Per Share QuarterlySIC Description
Surety InsurancePrimary Exchange
New York Stock ExchangeHeadquarters
250 East Kilbourn Avenue, Milwaukee, WI, 53202
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 |
|---|---|---|---|
| 2,060,969 Shares | 5.56 | 3/14/2025 | 11,466,458 Shares |
| 1,915,610 Shares | 6.09 | 2/28/2025 | 11,657,980 Shares |
| 1,885,874 Shares | 5.25 | 2/14/2025 | 9,895,392 Shares |
| 1,443,068 Shares | 6.79 | 1/31/2025 | 9,803,878 Shares |
| 1,705,353 Shares | 5.93 | 1/15/2025 | 10,114,711 Shares |
| 1,697,079 Shares | 6.11 | 12/31/2024 | 10,375,159 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $-136.02 Million |
| Net Cash Flow From Operating Activities, Continuing | $725.03 Million |
| Net Cash Flow From Operating Activities | $725.03 Million |
| Net Cash Flow From Financing Activities, Continuing | $-719.04 Million |
| Net Cash Flow From Financing Activities | $-719.04 Million |
| Net Cash Flow | $-136.02 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Available To Common Stockholders, Basic | $762.99 Million |
| Basic Average Shares | $261.68 Million |
| Operating Expenses | $239.02 Million |
| Diluted Earnings Per Share | $2.89 |
| Diluted Average Shares | $264.00 Million |
| Benefits Costs and Expenses | $239.02 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss Attributable To Parent | $28.12 Million |
| Other Comprehensive Income/Loss | $791.11 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $791.11 Million |
| Comprehensive Income/Loss Attributable To Parent | $791.11 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Fixed Assets | $35.68 Million |
| Equity | $5.17 Billion |
| Equity Attributable To Noncontrolling Interest | $0 |
| Noncurrent Liabilities | $0 |
| Current Assets | $6.55 Billion |
| Equity Attributable To Parent | $5.17 Billion |
Historical Dividends
Current dividend: $0.13 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 28, 2025 | Mar 5, 2025 | Feb 18, 2025 | $0.13 | Quarterly |
| Oct 24, 2024 | Nov 21, 2024 | Nov 7, 2024 | $0.13 | Quarterly |
| Jul 25, 2024 | Aug 22, 2024 | Aug 8, 2024 | $0.13 | Quarterly |
| Apr 25, 2024 | May 21, 2024 | May 9, 2024 | $0.115 | Quarterly |
| Jan 23, 2024 | Mar 5, 2024 | Feb 15, 2024 | $0.115 | Quarterly |
| Oct 26, 2023 | Nov 28, 2023 | Nov 9, 2023 | $0.115 | Quarterly |