61W Stock Overview

Operates as a private mortgage insurance company in the United States. More details

61W fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	3/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 66.7% below our estimate of its fair value

Earnings grew by 4.7% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 1.6% per year for the next 3 years

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Enact Holdings, Inc. Competitors

Deutsche Pfandbriefbank

XTRA:PBB

€646.8m

DWS Group GmbH KGaA

XTRA:DWS

€8.2b

Hypoport

XTRA:HYQ

€1.1b

flatexDEGIRO

XTRA:FTK

€1.7b

Price History & Performance

Summary of share price highs, lows and changes for Enact Holdings
Historical stock prices
Current Share Price	US$32.00
52 Week High	US$33.80
52 Week Low	US$26.54
Beta	0.56
1 Month Change	0.63%
3 Month Change	-0.62%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	19.40%

Recent updates

Shareholder Returns

	61W	DE Diversified Financial	DE Market
7D	0.6%	-1.6%	-1.1%
1Y	n/a	-13.1%	8.1%

Return vs Industry: Insufficient data to determine how 61W performed against the German Diversified Financial industry.

Return vs Market: Insufficient data to determine how 61W performed against the German Market.

Price Volatility

Is 61W's price volatile compared to industry and market?
61W volatility
61W Average Weekly Movement	3.4%
Diversified Financial Industry Average Movement	3.6%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.8%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: 61W has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 61W's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1981	465	Rohit Gupta	enactmi.com

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. It engages in writing and assuming residential mortgage guaranty insurance. The company 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.

Enact Holdings, Inc. Fundamentals Summary

How do Enact Holdings's earnings and revenue compare to its market cap?
61W fundamental statistics
Market cap	€5.02b
Earnings (TTM)	€650.90m
Revenue (TTM)	€1.14b

7.6x

P/E Ratio

4.4x

P/S Ratio

Is 61W overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
61W income statement (TTM)
Revenue	US$1.20b
Cost of Revenue	US$258.82m
Gross Profit	US$937.37m
Other Expenses	US$254.74m
Earnings	US$682.64m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	4.44
Gross Margin	78.36%
Net Profit Margin	57.07%
Debt/Equity Ratio	14.7%

How did 61W perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

16%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/17 17:21
End of Day Share Price	2024/12/17 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Enact Holdings, Inc. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mihir Bhatia	BofA Global Research
Eric Hagen	BTIG
Arren Cyganovich	Citigroup Inc