ACT Stock Overview
Enact Holdings, Inc. operates as a private mortgage insurance company in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
Enact Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$27.62 |
| 52 Week High | US$29.74 |
| 52 Week Low | US$20.84 |
| Beta | 0.59 |
| 1 Month Change | -4.33% |
| 3 Month Change | 11.24% |
| 1 Year Change | 22.59% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 34.80% |
Recent News & Updates
Recent updates
Here's Why We Think Enact Holdings (NASDAQ:ACT) Might Deserve Your Attention Today
Jun 05
Earnings Working Against Enact Holdings, Inc.'s (NASDAQ:ACT) Share Price
Apr 12Do Enact Holdings' (NASDAQ:ACT) Earnings Warrant Your Attention?
Jan 25Do Enact Holdings' (NASDAQ:ACT) Earnings Warrant Your Attention?
Oct 05Enact Holdings completes XOL reinsurance transaction as part of CRT program
Sep 19Enact Holdings: Keeping The Shareholder Returns Coming
Sep 09Enact Holdings Q2 Non-GAAP EPS up Y/Y, revenue down
Aug 01Enact enters into $200M revolving credit facility
Jul 07Enact Holdings: A Little Slice Of The Mortgage Pie
Jun 18Earnings Beat: Enact Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 06Gator Capital Management - Enact Holdings: Ignored Stock
Mar 15Enact Holdings: ACT And Buy
Nov 30Shareholder Returns
| ACT | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | 0.1% | -3.1% | -3.1% |
| 1Y | 22.6% | 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
| ACT volatility | |
|---|---|
| ACT Average Weekly Movement | 2.7% |
| Diversified Financial Industry Average Movement | 5.3% |
| Market Average Movement | 5.5% |
| 10% most volatile stocks in US Market | 14.2% |
| 10% least volatile stocks in US Market | 2.5% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1981 | 496 | Rohit Gupta | https://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
| ACT fundamental statistics | |
|---|---|
| Market Cap | US$4.42b |
| Earnings (TTM) | US$678.80m |
| Revenue (TTM) | US$1.11b |
6.5x
P/E Ratio4.0x
P/S RatioIs ACT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ACT income statement (TTM) | |
|---|---|
| Revenue | US$1.11b |
| Cost of Revenue | US$189.58m |
| Gross Profit | US$920.80m |
| Other Expenses | US$242.00m |
| Earnings | US$678.80m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.24 |
| Gross Margin | 82.93% |
| Net Profit Margin | 61.13% |
| Debt/Equity Ratio | 17.0% |
How did ACT perform over the long term?
See historical performance and comparison