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ACT

Enact Holdings NasdaqGS:ACT Stock Report

Last Price

US$27.62

Market Cap

US$4.4b

7D

0.1%

1Y

22.6%

Updated

23 Sep, 2023

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$27.62
52 Week HighUS$29.74
52 Week LowUS$20.84
Beta0.59
1 Month Change-4.33%
3 Month Change11.24%
1 Year Change22.59%
3 Year Changen/a
5 Year Changen/a
Change since IPO34.80%

Recent News & Updates

Recent updates

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
7D0.1%-3.1%-3.1%
1Y22.6%24.2%15.1%

Return vs Industry: ACT underperformed the US Diversified Financial industry which returned 25% over the past year.

Return vs Market: ACT exceeded the US Market which returned 15.3% over the past year.

Price Volatility

Is ACT's price volatile compared to industry and market?
ACT volatility
ACT Average Weekly Movement2.7%
Diversified Financial Industry Average Movement5.3%
Market Average Movement5.5%
10% most volatile stocks in US Market14.2%
10% least volatile stocks in US Market2.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
1981496Rohit Guptahttps://www.enactmi.com

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. It is involved in writing and assuming residential mortgage guaranty insurance. The company 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$4.42b
Earnings (TTM)US$678.80m
Revenue (TTM)US$1.11b

6.5x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ACT income statement (TTM)
RevenueUS$1.11b
Cost of RevenueUS$189.58m
Gross ProfitUS$920.80m
Other ExpensesUS$242.00m
EarningsUS$678.80m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)4.24
Gross Margin82.93%
Net Profit Margin61.13%
Debt/Equity Ratio17.0%

How did ACT perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

14%

Payout Ratio