Enact Holdings, Inc. (ACT)

Market Cap	5.20B
Revenue (ttm)	1.20B
Net Income (ttm)	682.64M
Shares Out	153.59M
EPS (ttm)	4.29
PE Ratio	7.90
Forward PE	7.76
Dividend	$0.72 (2.11%)
Ex-Dividend Date	Nov 18, 2024

Volume	204,011
Open	33.82
Previous Close	33.94
Day's Range	33.59 - 33.95
52-Week Range	26.13 - 37.42
Beta	0.57
Analysts	Buy
Price Target	36.25 (+7.06%)
Earnings Date	Nov 6, 2024

About ACT

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. It primarily serves originators of residential mortgage loans. The company was formerly known as Genworth Mortgage Holdings, Inc. and change...

• Industry: Insurance - Specialty
• Sector: Financials
• IPO Date: Sep 16, 2021
• Employees: 465
• Stock Exchange: NASDAQ
• Ticker Symbol: ACT
• Website: https://enactmi.com

Financial Performance

In 2023, Enact Holdings's revenue was $1.15 billion, an increase of 5.36% compared to the previous year's $1.10 billion. Earnings were $665.51 million, a decrease of -5.49%.

Analyst Forecast

According to 4 analysts, the average rating for ACT stock is "Buy." The 12-month stock price forecast is $36.25, which is an increase of 7.06% from the latest price.

Price Target

$36.25

(7.06% upside)

Analyst Consensus: Buy