Enact Holdings, Inc. (ACT)
NASDAQ: ACT · IEX Real-Time Price · USD
33.40
0.00 (0.00%)
At close: Jul 19, 2024, 4:00 PM
33.33
-0.07 (-0.21%)
Pre-market: Jul 20, 2024, 9:27 AM EDT
Enact Holdings Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Enact Holdings stock have an average target of 32, with a low estimate of 29 and a high estimate of 37. The average target predicts a decrease of -4.19% from the current stock price of 33.40.
Analyst Consensus: Buy
* Price targets were last updated on May 22, 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 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 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $31 → $33 | Hold | Maintains | $31 → $33 | -1.20% | May 22, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $35 → $37 | Buy | Maintains | $35 → $37 | +10.78% | Apr 4, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $30 → $31 | Hold | Maintains | $30 → $31 | -7.19% | Apr 3, 2024 |
| UBS | UBS | Hold Initiates $29 | Hold | Initiates | $29 | -13.17% | Dec 6, 2023 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $30 | Hold → Strong Buy | Upgrades | $30 | -10.18% | Nov 13, 2023 |
Financial Forecast
Revenue This Year
1.22B
from 1.15B
Increased by 5.57%
Revenue Next Year
1.29B
from 1.22B
Increased by 6.08%
EPS This Year
3.91
from 4.11
Decreased by -4.94%
EPS Next Year
4.02
from 3.91
Increased by 2.89%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.3B | 1.4B | 1.5B |
| Avg | 1.2B | 1.3B | 1.4B |
| Low | 1.2B | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.0% | 12.8% | 15.0% |
| Avg | 5.6% | 6.1% | 7.7% |
| Low | 2.3% | 1.1% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.33 | 4.33 | 4.67 |
| Avg | 3.91 | 4.02 | 4.29 |
| Low | 3.57 | 3.63 | 3.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.3% | 10.7% | 16.2% |
| Avg | -4.9% | 2.9% | 6.7% |
| Low | -13.2% | -7.2% | -4.9% |
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.