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Enact Holdings NasdaqGS:ACT Stock Report

Last Price

US$34.14

Market Cap

US$5.3b

7D

2.0%

1Y

24.5%

Updated

14 Nov, 2024

Data

Company Financials +

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$34.14
52 Week HighUS$37.42
52 Week LowUS$26.13
Beta0.57
11 Month Change-6.23%
3 Month Change0.029%
1 Year Change24.46%
33 Year Change47.41%
5 Year Changen/a
Change since IPO66.62%

Recent News & Updates

Investors Don't See Light At End Of Enact Holdings, Inc.'s (NASDAQ:ACT) Tunnel

Nov 08
Investors Don't See Light At End Of Enact Holdings, Inc.'s (NASDAQ:ACT) Tunnel

Enact Holdings Has Firm Footings, But The Housing Market Is Softening

Oct 28

Recent updates

Investors Don't See Light At End Of Enact Holdings, Inc.'s (NASDAQ:ACT) Tunnel

Nov 08
Investors Don't See Light At End Of Enact Holdings, Inc.'s (NASDAQ:ACT) Tunnel

Enact Holdings Has Firm Footings, But The Housing Market Is Softening

Oct 28

Enact Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Aug 07
Enact Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Enact Holdings (NASDAQ:ACT) Will Pay A Larger Dividend Than Last Year At $0.185

May 07
Enact Holdings (NASDAQ:ACT) Will Pay A Larger Dividend Than Last Year At $0.185

Enact Holdings, Inc. (NASDAQ:ACT) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?

Feb 09
Enact Holdings, Inc. (NASDAQ:ACT) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?

Here's Why We Think Enact Holdings (NASDAQ:ACT) Might Deserve Your Attention Today

Jun 05
Here's Why We Think Enact Holdings (NASDAQ:ACT) Might Deserve Your Attention Today

Earnings Working Against Enact Holdings, Inc.'s (NASDAQ:ACT) Share Price

Apr 12
Earnings Working Against Enact Holdings, Inc.'s (NASDAQ:ACT) Share Price

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

Jan 25
Do Enact Holdings' (NASDAQ:ACT) Earnings Warrant Your Attention?

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

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

Enact Holdings completes XOL reinsurance transaction as part of CRT program

Sep 19

Enact Holdings: Keeping The Shareholder Returns Coming

Sep 09

Enact Holdings Q2 Non-GAAP EPS up Y/Y, revenue down

Aug 01

Enact enters into $200M revolving credit facility

Jul 07

Enact Holdings: A Little Slice Of The Mortgage Pie

Jun 18

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

Gator Capital Management - Enact Holdings: Ignored Stock

Mar 15

Enact Holdings: ACT And Buy

Nov 30

Shareholder Returns

ACTUS Diversified FinancialUS Market
7D2.0%1.5%-0.5%
1Y24.5%32.8%32.3%

Return vs Industry: ACT underperformed the US Diversified Financial industry which returned 33.5% over the past year.

Return vs Market: ACT underperformed the US Market which returned 33.1% over the past year.

Price Volatility

Is ACT's price volatile compared to industry and market?
ACT volatility
ACT Average Weekly Movement2.9%
Diversified Financial Industry Average Movement5.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: ACT has not had significant price volatility in the past 3 months compared to the US market.

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

About the Company

FoundedEmployeesCEOWebsite
1981465Rohit Guptaenactmi.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?
ACT fundamental statistics
Market capUS$5.27b
Earnings (TTM)US$682.64m
Revenue (TTM)US$1.20b

7.7x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACT income statement (TTM)
RevenueUS$1.20b
Cost of RevenueUS$258.82m
Gross ProfitUS$937.37m
Other ExpensesUS$254.74m
EarningsUS$682.64m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.44
Gross Margin78.36%
Net Profit Margin57.07%
Debt/Equity Ratio14.7%

How did ACT perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

16%

Payout Ratio

Does ACT pay a reliable dividends?

See ACT dividend history and benchmarks
When do you need to buy ACT by to receive an upcoming dividend?
Enact Holdings dividend dates
Ex Dividend DateNov 18 2024
Dividend Pay DateDec 05 2024
Days until Ex dividend2 days
Days until Dividend pay date19 days

Does ACT pay a reliable dividends?

See ACT dividend history and benchmarks