Enact Holdings, Inc. (ACT)
NASDAQ: ACT · IEX Real-Time Price · USD
31.51
-0.02 (-0.06%)
May 17, 2024, 4:00 PM EDT - Market closed
Enact Holdings Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Enact Holdings stock have an average target of 31.2, with a low estimate of 29 and a high estimate of 37. The average target predicts a decrease of -0.98% from the current stock price of 31.51.
Analyst Consensus: Buy
* Price targets were last updated on Apr 4, 2024.
Analyst Ratings
The average analyst rating for Enact Holdings stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $35 → $37 | Buy | Maintains | $35 → $37 | +17.42% | Apr 4, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $30 → $31 | Hold | Maintains | $30 → $31 | -1.62% | Apr 3, 2024 |
| UBS | UBS | Hold Initiates $29 | Hold | Initiates | $29 | -7.97% | Dec 6, 2023 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $30 | Hold → Strong Buy | Upgrades | $30 | -4.79% | Nov 13, 2023 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $26 → $29 | Hold | Maintains | $26 → $29 | -7.97% | Aug 3, 2023 |
Financial Forecast
Revenue This Year
1.22B
from 1.15B
Increased by 5.92%
Revenue Next Year
1.31B
from 1.22B
Increased by 7.12%
EPS This Year
3.82
from 4.11
Decreased by -6.97%
EPS Next Year
3.96
from 3.82
Increased by 3.55%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.3B | 1.4B | 1.5B |
| Avg | 1.2B | 1.3B | 1.4B |
| Low | 1.2B | 1.3B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.3% | 12.8% | 12.8% |
| Avg | 5.9% | 7.1% | 6.5% |
| Low | 2.5% | 3.0% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.10 | 4.34 | 4.57 |
| Avg | 3.82 | 3.96 | 4.30 |
| Low | 3.48 | 3.63 | 4.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.4% | 13.4% | 15.4% |
| Avg | -7.0% | 3.5% | 8.7% |
| Low | -15.4% | -5.2% | 3.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.