ACT Stock Overview
Operates as a private mortgage insurance company in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
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Enact Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$33.92 |
| 52 Week High | US$37.42 |
| 52 Week Low | US$26.13 |
| Beta | 0.56 |
| 1 Month Change | -0.32% |
| 3 Month Change | -7.42% |
| 1 Year Change | 17.17% |
| 3 Year Change | 73.06% |
| 5 Year Change | n/a |
| Change since IPO | 65.54% |
Recent News & Updates
Investors Don't See Light At End Of Enact Holdings, Inc.'s (NASDAQ:ACT) Tunnel
Nov 08
Enact Holdings Has Firm Footings, But The Housing Market Is Softening
Oct 28Recent updates
Investors Don't See Light At End Of Enact Holdings, Inc.'s (NASDAQ:ACT) Tunnel
Nov 08Enact Holdings Has Firm Footings, But The Housing Market Is Softening
Oct 28Enact Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 07Enact Holdings (NASDAQ:ACT) Will Pay A Larger Dividend Than Last Year At $0.185
May 07Enact Holdings, Inc. (NASDAQ:ACT) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 09Enact 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 18Gator Capital Management - Enact Holdings: Ignored Stock
Mar 15Enact Holdings: ACT And Buy
Nov 30Shareholder Returns
| ACT | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | -0.8% | 0.07% | 0.1% |
| 1Y | 17.2% | 25.1% | 26.1% |
Return vs Industry: ACT underperformed the US Diversified Financial industry which returned 26.1% over the past year.
Return vs Market: ACT underperformed the US Market which returned 27.3% over the past year.
Price Volatility
| ACT volatility | |
|---|---|
| ACT Average Weekly Movement | 2.8% |
| Diversified Financial Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.1% |
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
| 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
| ACT fundamental statistics | |
|---|---|
| Market cap | US$5.27b |
| Earnings (TTM) | US$682.64m |
| Revenue (TTM) | US$1.20b |
7.6x
P/E Ratio4.4x
P/S RatioIs ACT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ACT 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 ACT perform over the long term?
See historical performance and comparisonDividends
4.3%
Current Dividend Yield16%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 09:29 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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 |