Enact Holdings, Inc. (ACT)

NASDAQ: ACT · IEX Real-Time Price · USD
21.19 0.21 (1.00%)
Jan 25, 2022 4:00 PM EST - Market closed
Market Cap3.45B
Revenue (ttm)1.10B
Net Income (ttm)369.61M
Shares Out162.84M
EPS (ttm)2.97
PE Ratio7.13
Forward PE6.20
Dividend$1.23 (5.80%)
Ex-Dividend DateNov 24, 2021
Volume133,791
Open20.93
Previous Close20.98
Day's Range20.48 - 21.73
52-Week Range18.76 - 24.00
Betan/a
AnalystsBuy
Price Target25.17 (+18.8%)
Earnings DateFeb 1, 2022

About ACT

Enact Holdings is a leading private mortgage insurance company serving the United States housing finance market since 1981 with a mission to help people buy a house and keep it their home. We operate in all 50 states and the District of Columbia and have a leading platform based on long-tenured customer relationships with mortgage lenders, underwriting excellence and prudent risk and capital management practices. As a private mortgage insurer, we play a critical role in the United States housing finance system. We provide credit protection to m...

IndustryInsurance-Specialty
IPO DateSep 16, 2021
CEORohit Gupta
Employees525
Stock ExchangeNASDAQ
Ticker SymbolACT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for Enact Holdings stock is "Buy." The 12-month stock price forecast is 25.17, which is an increase of 18.78% from the latest price.

Price Target
$25.17
(18.78% upside)
Analyst Consensus: Buy

News

Is Enact Holdings, Inc. (ACT) Outperforming Other Finance Stocks This Year?

Here is how Enact Holdings, Inc. (ACT) and AllianceBernstein (AB) have performed compared to their sector so far this year.

2 weeks ago - Zacks Investment Research

Enact to Host Fourth Quarter 2021 Earnings Call February 2nd

RALEIGH, N.C., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced it will issue its fourth quarter earnings release after the market closes on February 1, 2022....

2 weeks ago - GlobeNewsWire

Genworth Completes Redemption of Outstanding 2023 Senior Notes

RICHMOND, Va., Dec. 15, 2021 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) ("Genworth"), announced today that Genworth Holdings, Inc. ("Genworth Holdings"), its direct wholly-owned subsidiary, ha...

Other symbols:GNW
1 month ago - PRNewsWire

Enact Declares Special Cash Dividend of $1.23 Per Share

RALEIGH, N.C., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced that its Board of Directors declared a special cash dividend of $200 million, or $1.23 per com...

2 months ago - GlobeNewsWire

Enact Reports Third Quarter 2021 Results

GAAP Net Income of $137 million, or $0.84 per diluted share Adjusted Net Operating Income of $137 million, or $0.84 per diluted share 13.2% return on equity and 13.2% adjusted return on equity $25.80 bo...

2 months ago - GlobeNewsWire

Enact Releases Monthly Operating Statistics

RALEIGH, N.C., Oct. 13, 2021 /PRNewswire/ -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today released monthly operating statistics related to credit performance of their insurance portfolio for the mon...

3 months ago - PRNewsWire

Enact Mourns the Death of Board Member General Raymond T. Odierno

RALEIGH, N.C., Oct. 12, 2021 /PRNewswire/ -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) mourns the passing of its Board Member, General Raymond T.

3 months ago - PRNewsWire

Enact to Host Third Quarter 2021 Earnings Call November 3rd

RALEIGH, N.C., Oct. 8, 2021 /PRNewswire/ -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced it will issue its third quarter earnings release after the market closes on November 2, 2021.

3 months ago - PRNewsWire

Genworth Financial Schedules Earnings Conference Call For November 3rd

RICHMOND, Va., Oct. 8, 2021 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) today announced it would issue its earnings release containing third quarter results after the market closes on November ...

Other symbols:GNW
3 months ago - PRNewsWire

Enact Announces Board of Directors

RALEIGH, N.C., Sept. 29, 2021 /PRNewswire/ -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced the composition of the Board of Directors, recently formed with Enact's initial public offering, ...

3 months ago - PRNewsWire

Enact Receives Ratings Agencies Upgrades from Fitch, Moody's and S&P

RALEIGH, N.C., Sept. 27, 2021 /PRNewswire/ -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that ratings...

3 months ago - PRNewsWire

Enact Announces Closing of Initial Public Offering

RALEIGH, N.C., Sept. 20, 2021 /PRNewswire/ -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced the closing of its initial public offering (IPO).

4 months ago - PRNewsWire

AdvisorShares Vice ETF to Transfer Listing to NYSE Arca, Change Ticker to VICE

BETHESDA, Md., Oct. 13, 2020 /PRNewswire/ -- AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), today announced plans to transfer the listing of the AdvisorShares Vice ET...

Other symbols:VICE
1 year ago - PRNewsWire

10 Best ETFs for 2020: The Battle At the Top Tightens

Not all of the best ETFs this year will continue their monstrous climbs next year. But there are still plenty of winners here to keep your eyes on.

1 year ago - InvestorPlace

Best ETFs for 2020: The AdvisorShares Vice ETF Saved by SAM and TMO

This cannabis-focused ETF is currently being carried by alcohol and coronavirus plays. Here's how ACT did in the Best ETFs for 2020 contest.

1 year ago - InvestorPlace

7 Sin Stocks To Buy That Will Outperform the S&P 500

Each of these seven sin stocks has something unique to offer to long-term portfolio, plus juicy dividends and solid fundamentals.

Other symbols:BJKMJSTZSWBIVDCITA
1 year ago - InvestorPlace

First US Focused Marijuana ETF Launches

AdvisorShares' new ETF offers unique exposure to U.S. cannabis markets. 

Other symbols:MJYOLO
1 year ago - ETFcom

Here's how SPACs are changing the cannabis industry

Former Senate Majority Leader Tom Daschle and Kyler Detwiler, Clever Leaves CEO, join "Squawk Alley" to discuss cannabis regulation in the U.S. and pot stocks going public through SPACs.

1 year ago - CNBC Television

3 Charts That Suggest Sin Stocks Are Headed Higher

Spending on leisure and vice has remained high in recent months, making this sector one to watch during this period of uncertainty.

Other symbols:ABTTMO
1 year ago - Investopedia

Best ETFs for 2020: The AdvisorShares Vice ETF Bets Big on Booze

With the healthcare and alcohol sectors currently carrying ACT through 2020, ACT might improve its ranking in the Best ETFs contest later down the road. The post Best ETFs for 2020: The AdvisorShares Vi...

1 year ago - InvestorPlace

7 Vice ETFs That Are Bound to Deliver Sinful Returns

While some might overlook the vice stocks theme, there are reasons to take a closer look. Here are the best vice ETFs to buy.

Other symbols:BJKESPOIYEMJXAR
1 year ago - InvestorPlace

10 Best ETFs for 2020: An Unpredictable Turn Could Prove Profitable

It's difficult to find the ETFs to buy amidst a crisis such as the coronavirus outbreak. But some investment themes are more conducive to a comeback than others.

1 year ago - InvestorPlace

Best ETFs for 2020: The AdvisorShares Vice ETF

In a time of world-wide quarantine brought on by the coronavirus, some of the ACT ETF’s holdings might actually withstand the turmoil and widespread isolation.  The post Best ETFs for 2020: The AdvisorS...

1 year ago - InvestorPlace

10 Best ETFs for 2020: The Competition Is Stacked Full of Potential

Choosing the best ETF in 2020 won't be easy, but many of these funds stand a chance at being among the best ETFs to buy for next year. The post 10 Best ETFs for 2020: The Competition Is Stacked Full of...

2 years ago - InvestorPlace

Best ETFs for 2020: The AdvisorShares Vice ETF Is a Long-Term Winner

The ACT ETF has long-term durability with concentrated exposure to select companies related to alcohol, cannabis and tobacco.

2 years ago - InvestorPlace