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ACT

Enact Holdings NasdaqGS:ACT Stock Report

Last Price

US$24.69

Market Cap

US$4.0b

7D

1.4%

1Y

15.8%

Updated

05 Dec, 2022

Data

Company Financials +
ACT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health1/6
Dividends4/6

ACT Stock Overview

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States.

Enact Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Enact Holdings
Historical stock prices
Current Share PriceUS$24.69
52 Week HighUS$28.37
52 Week LowUS$18.76
Beta0
1 Month Change-4.08%
3 Month Change0.53%
1 Year Change15.75%
3 Year Changen/a
5 Year Changen/a
Change since IPO20.50%

Recent News & Updates

Do Enact Holdings' (NASDAQ:ACT) Earnings Warrant Your Attention?

Oct 05
Do Enact Holdings' (NASDAQ:ACT) Earnings Warrant Your Attention?

Recent updates

Do Enact Holdings' (NASDAQ:ACT) Earnings Warrant Your Attention?

Oct 05
Do Enact Holdings' (NASDAQ:ACT) Earnings Warrant Your Attention?

Earnings Beat: Enact Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

May 06
Earnings Beat: Enact Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Shareholder Returns

ACTUS MortgageUS Market
7D1.4%1.0%1.1%
1Y15.8%-26.7%-17.6%

Return vs Industry: ACT exceeded the US Mortgage industry which returned -24.2% over the past year.

Return vs Market: ACT exceeded the US Market which returned -14.9% over the past year.

Price Volatility

Is ACT's price volatile compared to industry and market?
ACT volatility
ACT Average Weekly Movement4.4%
Mortgage Industry Average Movement3.9%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: ACT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ACT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981503Rohit Guptahttps://www.enactmi.com

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company is involved in writing and assuming residential mortgage guaranty insurance. It offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and contract underwriting services for mortgage lenders.

Enact Holdings, Inc. Fundamentals Summary

How do Enact Holdings's earnings and revenue compare to its market cap?
ACT fundamental statistics
Market CapUS$4.02b
Earnings (TTM)US$713.89m
Revenue (TTM)US$1.09b

5.6x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ACT income statement (TTM)
RevenueUS$1.09b
Cost of RevenueUS$126.78m
Gross ProfitUS$964.26m
Other ExpensesUS$250.38m
EarningsUS$713.89m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.38
Gross Margin88.38%
Net Profit Margin65.43%
Debt/Equity Ratio18.0%

How did ACT perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

6%

Payout Ratio