Enact Holdings, Inc. (ACT)
NASDAQ: ACT · IEX Real-Time Price · USD
30.42
+0.10 (0.33%)
Jun 21, 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 32, with a low estimate of 29 and a high estimate of 37. The average target predicts an increase of 5.19% from the current stock price of 30.42.

Analyst Consensus: Buy
Target Low Average Median High
Price $29 $32 $31 $37
Change -4.67% +5.19% +1.91% +21.63%
* 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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 222211
Buy 111111
Hold 333333
Sell 000000
Strong Sell 000000
Total 666655

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Maintains
$31$33
Hold Maintains $31$33 +8.48% May 22, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Maintains
$35$37
Buy Maintains $35$37 +21.63% Apr 4, 2024
JP Morgan
JP Morgan
Hold
Maintains
$30$31
Hold Maintains $30$31 +1.91% Apr 3, 2024
UBS
UBS
Hold
Initiates
$29
Hold Initiates $29 -4.67% Dec 6, 2023
B of A Securities
B of A Securities
Strong Buy
Upgrades
$30
Strong Buy Upgrades $30 -1.38% Nov 13, 2023
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
978.85M1.11B1.12B1.10B1.15B1.22B1.29B1.39B
Revenue Growth
-13.04%1.03%-2.04%5.36%5.57%6.08%7.66%
EPS
4.162.273.364.314.113.914.024.29
EPS Growth
--45.43%48.02%28.27%-4.64%-4.94%2.89%6.70%
Forward PE
-----7.797.577.09
No. Analysts -----874
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
10.0%
12.8%
15.0%
Avg
5.6%
6.1%
7.7%
Low
2.3%
1.1%
1.5%

EPS Forecast

EPS 202420252026
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 202420252026
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.