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Enact Holdings NasdaqGS:ACT Stock Report

Last Price

US$30.96

Market Cap

US$4.9b

7D

1.6%

1Y

36.7%

Updated

27 Mar, 2024

Data

Company Financials +

ACT Stock Overview

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

ACT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends4/6

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$30.96
52 Week HighUS$30.96
52 Week LowUS$20.84
Beta0.51
1 Month Change15.82%
3 Month Change5.92%
1 Year Change36.69%
3 Year Changen/a
5 Year Changen/a
Change since IPO51.10%

Recent News & Updates

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?

Recent updates

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
7D1.6%-0.7%0.4%
1Y36.7%32.0%28.8%

Return vs Industry: ACT exceeded the US Diversified Financial industry which returned 33.2% over the past year.

Return vs Market: ACT exceeded the US Market which returned 29.5% 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 Movement5.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
1981465Rohit Guptahttps://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

How do Enact Holdings's earnings and revenue compare to its market cap?
ACT fundamental statistics
Market capUS$4.93b
Earnings (TTM)US$665.51m
Revenue (TTM)US$1.15b

7.4x

P/E Ratio

4.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACT income statement (TTM)
RevenueUS$1.15b
Cost of RevenueUS$250.44m
Gross ProfitUS$903.25m
Other ExpensesUS$237.73m
EarningsUS$665.51m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)4.18
Gross Margin78.29%
Net Profit Margin57.69%
Debt/Equity Ratio16.1%

How did ACT perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

15%

Payout Ratio
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