ACT Stock Overview
Operates as a private mortgage insurance company in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Enact Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$34.04 |
| 52 Week High | US$35.41 |
| 52 Week Low | US$26.13 |
| Beta | 0.55 |
| 11 Month Change | 1.92% |
| 3 Month Change | 8.27% |
| 1 Year Change | 19.56% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 66.13% |
Recent News & Updates
Recent updates
Enact Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 07
Enact 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 09Here's Why We Think Enact Holdings (NASDAQ:ACT) Might Deserve Your Attention Today
Jun 05Earnings 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 | 2.1% | 4.2% | 4.9% |
| 1Y | 19.6% | 21.7% | 25.6% |
Return vs Industry: ACT underperformed the US Diversified Financial industry which returned 21.7% over the past year.
Return vs Market: ACT underperformed the US Market which returned 25.6% over the past year.
Price Volatility
| ACT volatility | |
|---|---|
| ACT Average Weekly Movement | 2.6% |
| Diversified Financial Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.2% |
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
| 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$5.36b |
| Earnings (TTM) | US$666.16m |
| Revenue (TTM) | US$1.19b |
8.0x
P/E Ratio4.5x
P/S RatioIs ACT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ACT income statement (TTM) | |
|---|---|
| Revenue | US$1.19b |
| Cost of Revenue | US$264.81m |
| Gross Profit | US$920.83m |
| Other Expenses | US$254.66m |
| Earnings | US$666.16m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.28 |
| Gross Margin | 77.67% |
| Net Profit Margin | 56.19% |
| Debt/Equity Ratio | 15.4% |
How did ACT perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield16%
Payout RatioDoes ACT pay a reliable dividends?
See ACT dividend history and benchmarks| Enact Holdings dividend dates | |
|---|---|
| Ex Dividend Date | Aug 28 2024 |
| Dividend Pay Date | Sep 09 2024 |
| Days until Ex dividend | 7 days |
| Days until Dividend pay date | 19 days |
Does ACT pay a reliable dividends?
See ACT dividend history and benchmarks