Enact Holdings, Inc. (ACT)
NASDAQ: ACT · Real-Time Price · USD
32.72
+0.12 (0.37%)
Dec 20, 2024, 4:00 PM EST - Market closed

Enact Holdings Statistics

Total Valuation

Enact Holdings has a market cap or net worth of $5.03 billion. The enterprise value is $5.09 billion.

Market Cap 5.03B
Enterprise Value 5.09B

Important Dates

The next estimated earnings date is Tuesday, February 4, 2025, after market close.

Earnings Date Feb 4, 2025
Ex-Dividend Date Nov 18, 2024

Share Statistics

Enact Holdings has 153.59 million shares outstanding. The number of shares has decreased by -2.07% in one year.

Current Share Class 153.59M
Shares Outstanding 153.59M
Shares Change (YoY) -2.07%
Shares Change (QoQ) -0.98%
Owned by Insiders (%) 0.28%
Owned by Institutions (%) 19.09%
Float 29.02M

Valuation Ratios

The trailing PE ratio is 7.63 and the forward PE ratio is 7.53. Enact Holdings's PEG ratio is 2.23.

PE Ratio 7.63
Forward PE 7.53
PS Ratio 4.32
Forward PS 3.96
PB Ratio 1.00
P/TBV Ratio 1.00
P/FCF Ratio 7.08
P/OCF Ratio 7.08
PEG Ratio 2.23
Financial Ratio History

Enterprise Valuation

EV / Earnings 7.46
EV / Sales 4.26
EV / EBITDA n/a
EV / EBIT 5.44
EV / FCF 7.17

Financial Position

The company has a current ratio of 1.22, with a Debt / Equity ratio of 0.15.

Current Ratio 1.22
Quick Ratio 1.15
Debt / Equity 0.15
Debt / EBITDA 0.79
Debt / FCF 1.05
Interest Coverage 18.08

Financial Efficiency

Return on equity (ROE) is 14.38% and return on invested capital (ROIC) is 10.67%.

Return on Equity (ROE) 14.38%
Return on Assets (ROA) 9.30%
Return on Capital (ROIC) 10.67%
Revenue Per Employee $2.57M
Profits Per Employee $1.47M
Employee Count 465
Asset Turnover 0.19
Inventory Turnover n/a

Taxes

In the past 12 months, Enact Holdings has paid $187.31 million in taxes.

Income Tax 187.31M
Effective Tax Rate 21.53%

Stock Price Statistics

The stock price has increased by +13.02% in the last 52 weeks. The beta is 0.56, so Enact Holdings's price volatility has been lower than the market average.

Beta (5Y) 0.56
52-Week Price Change +13.02%
50-Day Moving Average 34.62
200-Day Moving Average 32.86
Relative Strength Index (RSI) 31.55
Average Volume (20 Days) 275,591

Short Selling Information

The latest short interest is 1.46 million, so 0.95% of the outstanding shares have been sold short.

Short Interest 1.46M
Short Previous Month 1.34M
Short % of Shares Out 0.95%
Short % of Float 5.02%
Short Ratio (days to cover) 3.13

Income Statement

In the last 12 months, Enact Holdings had revenue of $1.20 billion and earned $682.64 million in profits. Earnings per share was $4.29.

Revenue 1.20B
Gross Profit 937.37M
Operating Income 937.37M
Pretax Income 853.60M
Net Income 682.64M
EBITDA n/a
EBIT 937.37M
Earnings Per Share (EPS) $4.29
Full Income Statement

Balance Sheet

The company has $674.91 million in cash and $742.71 million in debt, giving a net cash position of -$69.34 million or -$0.45 per share.

Cash & Cash Equivalents 674.91M
Total Debt 742.71M
Net Cash -69.34M
Net Cash Per Share -$0.45
Equity (Book Value) 5.04B
Book Value Per Share 32.61
Working Capital 137.92M
Full Balance Sheet

Cash Flow

Operating Cash Flow 710.19M
Capital Expenditures n/a
Free Cash Flow 710.19M
FCF Per Share $4.62
Full Cash Flow Statement

Margins

Gross margin is 78.36%, with operating and profit margins of 78.36% and 57.07%.

Gross Margin 78.36%
Operating Margin 78.36%
Pretax Margin 72.73%
Profit Margin 57.07%
EBITDA Margin n/a
EBIT Margin 78.36%
FCF Margin 59.37%

Dividends & Yields

This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 2.19%.

Dividend Per Share $0.72
Dividend Yield 2.19%
Dividend Growth (YoY) -28.95%
Years of Dividend Growth 2
Payout Ratio 16.67%
Buyback Yield 2.07%
Shareholder Yield 4.25%
Earnings Yield 13.58%
FCF Yield 14.13%
Dividend Details

Analyst Forecast

The average price target for Enact Holdings is $37.25, which is 13.85% higher than the current price. The consensus rating is "Buy".

Price Target $37.25
Price Target Difference 13.85%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6