Enact Holdings, Inc. (ACT)
| Market Cap | 5.53B |
| Revenue (ttm) | 1.22B |
| Net Income (ttm) | 692.86M |
| Shares Out | 150.07M |
| EPS (ttm) | 4.44 |
| PE Ratio | 8.29 |
| Forward PE | 8.22 |
| Dividend | $0.84 (2.28%) |
| Ex-Dividend Date | May 19, 2025 |
| Volume | 83,270 |
| Open | 36.85 |
| Previous Close | 36.85 |
| Day's Range | 36.75 - 37.18 |
| 52-Week Range | 29.99 - 37.86 |
| Beta | 0.53 |
| Analysts | Buy |
| Price Target | 37.75 (+2.44%) |
| Earnings Date | Jul 30, 2025 |
About ACT
Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company engages in writing and assuming residential mortgage guaranty insurance. It also offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; contract underwriting services for mortgage lenders; and mortgage-related reinsurance products. The company primarily serves originators of residential mortgage loans. The company was formerly known as Genworth Mortgage Holdings, Inc. a... [Read more]
Financial Performance
In 2024, Enact Holdings's revenue was $1.20 billion, an increase of 4.17% compared to the previous year's $1.15 billion. Earnings were $688.07 million, an increase of 3.39%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for ACT stock is "Buy." The 12-month stock price forecast is $37.75, which is an increase of 2.44% from the latest price.
News
Enact Holdings Earned An Upgrade, And I'm Staying Long
Enact Holdings is undervalued, trading at less than 8x earnings despite strong profitability, disciplined capital use, and resilient credit performance in a tough mortgage market. Operational excellen...
Enact Holdings, Inc. (ACT) Q1 2025 Earnings Call Transcript
Enact Holdings, Inc. (NASDAQ:ACT) Q1 2025 Earnings Conference Call May 1, 2025 8:00 AM ET Company Participants Daniel Kohl - Vice President of Investor Relations Rohit Gupta - President and Chief Exe...
Enact Reports First Quarter 2025 Results
GAAP Net Income of $166 million , or $1.08 per diluted share Adjusted Operating Income of $169 million , or $1.10 per diluted share Return on Equity of 13.1% and Adjusted Operating Return on Equity of...
Enact Announces 14% Increase to Quarterly Dividend and New $350 Million Share Repurchase Program
RALEIGH, N.C., April 30, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) announced that its Board of Directors declared a quarterly dividend of $0.21 per common share, an increase of 14% f...
Enact to Host First Quarter 2025 Earnings Call May 1st
RALEIGH, N.C., April 10, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its first quarter earnings release after the market closes on April 30, 2025. Enact...
Enact Holdings Set to Join S&P SmallCap 600
NEW YORK , April 9, 2025 /PRNewswire/ -- Enact Holdings Inc. (NASD: ACT) will replace SolarWinds Corp. (NYSE: SWI) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, April...
Enact Releases 2024 Sustainability Report
RALEIGH, N.C., March 28, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced the release of its 2024 Sustainability Report covering the calendar year 2024.
Enact Announces Changes to its Board of Directors
RALEIGH, N.C., March 11, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced that it has appointed H.
Enact Holdings, Inc. (ACT) Q4 2024 Earnings Conference Call Transcript
Enact Holdings, Inc. (NASDAQ:ACT) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Daniel Kohl - Vice President, Finance & Investor Relations Rohit Gupta - President ...
Enact Reports Fourth Quarter and Full Year 2024 Results and Announces Quarterly Dividend
GAAP Net Income of $163 million , or $1.05 per diluted share Adjusted Operating Income of $169 million , or $1.09 per diluted share Return on Equity of 13.0% and Adjusted Operating Return on Equity of...
Enact Mortgage Insurance Enters into Two Forward XOL Reinsurance Transactions as Part of its Diversified Credit Risk Transfer Program
Secures approximately $225 million and $260 million of excess of loss reinsurance coverage from a panel of third-party reinsurance providers Secures approximately $225 million and $260 million of exce...
Enact Receives Ratings Upgrades from Fitch Ratings
RALEIGH, N.C., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that F...
Enact to Host Fourth Quarter 2024 Earnings Call February 5th
RALEIGH, N.C., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its fourth quarter earnings release after the market closes on February 4, 2025. Ena...
Enact Mortgage Insurance Enters into Two Quota Share Reinsurance Agreements
Secures 27% of forward quota share reinsurance coverage from a panel of third-party reinsurance providers Secures 27% of forward quota share reinsurance coverage from a panel of third-party reinsuranc...
Enact Holdings, Inc. (ACT) Q3 2024 Earnings Call Transcript
Enact Holdings, Inc. (NASDAQ:ACT) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Daniel Kohl - Vice President, Finance & Investor Relations Rohit Gupta - President ...
Enact Reports Third Quarter 2024 Results And Announces Quarterly Dividend
GAAP Net Income of $181 million, or $1.15 per diluted share Adjusted Operating Income of $182 million, or $1.16 per diluted share Return on Equity of 14.7% and Adjusted Operating Return on Equity of 1...
Enact to Host Third Quarter 2024 Earnings Call November 7th
RALEIGH, N.C., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its third quarter earnings release after the market closes on November 6, 2024. Enac...
Enact Provides Update on Capital Position Under New PMIERs Available Asset Guidelines
RALEIGH, N.C., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today addressed the up...
Enact Re, Ltd. Receives A- Rating from S&P Global Ratings
First Rating Assigned to Enact Re by S&P and Second Rating Since Launch Underscores Continued Strong Performance First Rating Assigned to Enact Re by S&P and Second Rating Since Launch Underscores Con...
Enact Holdings, Inc. (ACT) Q2 2024 Earnings Call Transcript
Enact Holdings, Inc. (ACT) Q2 2024 Earnings Call Transcript
Enact Reports Second Quarter 2024 Results and Announces Quarterly Dividend
GAAP Net Income of $184 million , or $1.16 per diluted share Adjusted Operating Income of $201 million , or $1.27 per diluted share Return on Equity of 15.4% and Adjusted Operating Return on Equity of...
Enact Holdings: Defensive Play In A Corner Of The Housing Market
Enact Holdings, a mortgage insurance company, has outperformed the S&P 500 index over a two-year period in spite of low mortgage originations. However, the pace of gains has slowed, and the companies ...
Enact to Host Second Quarter 2024 Earnings Call August 1st
RALEIGH, N.C., July 09, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its second quarter earnings release after the market closes on July 31, 2024. Enact ...
Enact Completes XOL Reinsurance Transaction as Part of its Diversified Credit Risk Transfer Program
Secures approximately $90 million of excess of loss reinsurance coverage from panel of reinsurers Secures approximately $90 million of excess of loss reinsurance coverage from panel of reinsurers
Enact to Participate at the 2024 TD Financial Services and Fintech Summit
RALEIGH, N.C., June 04, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced that the company's President and Chief Executive Officer, Rohit Gupta, will participate in a...