Enact Holdings Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Enact Holdings stock have an average target of 36.25, with a low estimate of 33 and a high estimate of 38. The average target predicts an increase of 6.26% from the current stock price of 34.12.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$33	$36.25	$37	$38
Change	-3.27%	+6.26%	+8.46%	+11.39%

* Price targets were last updated on Oct 7, 2024.

Analyst Ratings

The average analyst rating for Enact Holdings stock from 4 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	2	2	2	1
Buy	1	1	1	1	1	1
Hold	3	3	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Richard Shane JP Morgan	JP Morgan	Hold Maintains $36 → $38	Hold	Maintains	$36 → $38	+11.39%	Oct 7, 2024
Ryan Gilbert BTIG	BTIG	Strong Buy Maintains $33 → $37	Strong Buy	Maintains	$33 → $37	+8.46%	Aug 5, 2024
Douglas Harter UBS	UBS	Hold Maintains $31 → $33	Hold	Maintains	$31 → $33	-3.27%	May 22, 2024
Bose George Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $35 → $37	Buy	Maintains	$35 → $37	+8.46%	Apr 4, 2024
Richard Shane JP Morgan	JP Morgan	Hold Maintains $30 → $31	Hold	Maintains	$30 → $31	-9.13%	Apr 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.22B

Revenue Next Year

1.28B

from 1.22B

4.91%

from 1.22B

EPS This Year

4.41

from 4.11

7.20%

from 4.11

EPS Next Year

4.24

from 4.41

-3.80%

from 4.41

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	1.22B	1.28B	1.34B
Revenue Growth	16.38%	13.04%	1.03%	-2.04%	5.36%	-	4.91%	4.45%
EPS	4.16	2.27	3.36	4.31	4.11	4.41	4.24	4.48
EPS Growth	-	-45.43%	47.89%	28.38%	-4.64%	7.20%	-3.80%	5.66%
Forward PE	-	-	-	-	-	7.74	8.05	7.62
No. Analysts	-	-	-	-	-	7	7	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	1.3B	1.4B	1.4B
Avg	1.2B	1.3B	1.3B
Low	1.2B	1.2B	1.3B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	11.5%	12.7%
Avg	-	4.9%	4.4%
Low	-	0.1%	-0.8%

EPS Forecast

EPS	2024	2025	2026
High	4.86	4.65	5.00
Avg	4.41	4.24	4.48
Low	3.90	3.63	3.92

EPS Growth

EPS Growth	2024	2025	2026
High	18.3%	5.6%	17.9%
Avg	7.2%	-3.8%	5.7%
Low	-5.1%	-17.7%	-7.5%

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.