Enact Holdings, Inc. (ACT)
NASDAQ: ACT · Real-Time Price · USD
32.54
+0.16 (0.49%)
Nov 4, 2024, 12:59 PM EST - Market open

Enact Holdings Statistics

Total Valuation

Enact Holdings has a market cap or net worth of $5.07 billion. The enterprise value is $5.08 billion.

Market Cap 5.07B
Enterprise Value 5.08B

Important Dates

The next confirmed earnings date is Wednesday, November 6, 2024, after market close.

Earnings Date Nov 6, 2024
Ex-Dividend Date Aug 28, 2024

Share Statistics

Enact Holdings has 155.70 million shares outstanding. The number of shares has decreased by -1.77% in one year.

Shares Outstanding 155.70M
Shares Change (YoY) -1.77%
Shares Change (QoQ) -0.95%
Owned by Insiders (%) 0.28%
Owned by Institutions (%) 18.51%
Float 30.45M

Valuation Ratios

The trailing PE ratio is 7.82 and the forward PE ratio is 7.56. Enact Holdings's PEG ratio is 2.97.

PE Ratio 7.82
Forward PE 7.56
PS Ratio 4.34
Forward PS 4.02
PB Ratio 1.05
P/FCF Ratio 7.45
PEG Ratio 2.97
Financial Ratio History

Enterprise Valuation

EV / Earnings 7.63
EV / Sales 4.29
EV / EBITDA n/a
EV / EBIT 5.52
EV / FCF 7.51

Financial Position

The company has a current ratio of 1.26, with a Debt / Equity ratio of 0.15.

Current Ratio 1.26
Quick Ratio 1.19
Debt / Equity 0.15
Debt / EBITDA 0.80
Debt / FCF 1.10
Interest Coverage 17.54

Financial Efficiency

Return on equity (ROE) is 14.48% and return on invested capital (ROIC) is 10.77%.

Return on Equity (ROE) 14.48%
Return on Assets (ROA) 9.38%
Return on Capital (ROIC) 10.77%
Revenue Per Employee $2.55M
Profits Per Employee $1.43M
Employee Count 465
Asset Turnover 0.19
Inventory Turnover n/a

Taxes

In the past 12 months, Enact Holdings has paid $187.44 million in taxes.

Income Tax 187.44M
Effective Tax Rate 21.96%

Stock Price Statistics

The stock price has increased by +15.27% in the last 52 weeks. The beta is 0.57, so Enact Holdings's price volatility has been lower than the market average.

Beta (5Y) 0.57
52-Week Price Change +15.27%
50-Day Moving Average 35.69
200-Day Moving Average 31.77
Relative Strength Index (RSI) 24.68
Average Volume (20 Days) 472,920

Short Selling Information

The latest short interest is 960,875, so 0.62% of the outstanding shares have been sold short.

Short Interest 960,875
Short Previous Month 1.32M
Short % of Shares Out 0.62%
Short % of Float 3.16%
Short Ratio (days to cover) 3.29

Income Statement

In the last 12 months, Enact Holdings had revenue of $1.19 billion and earned $666.16 million in profits. Earnings per share was $4.16.

Revenue 1.19B
Gross Profit 920.83M
Operating Income 920.83M
Pretax Income 853.60M
Net Income 666.16M
EBITDA n/a
EBIT 920.83M
Earnings Per Share (EPS) $4.16
Full Income Statement

Balance Sheet

The company has $711.35 million in cash and $742.37 million in debt, giving a net cash position of -$43.33 million or -$0.28 per share.

Cash & Cash Equivalents 711.35M
Total Debt 742.37M
Net Cash -43.33M
Net Cash Per Share -$0.28
Equity (Book Value) 4.83B
Book Value Per Share 30.91
Working Capital 167.36M
Full Balance Sheet

Cash Flow

Operating Cash Flow 676.85M
Capital Expenditures n/a
Free Cash Flow 676.85M
FCF Per Share $4.35
Full Cash Flow Statement

Margins

Gross margin is 77.67%, with operating and profit margins of 77.67% and 56.19%.

Gross Margin 77.67%
Operating Margin 77.67%
Pretax Margin 72.00%
Profit Margin 56.19%
EBITDA Margin n/a
EBIT Margin 77.67%
FCF Margin 57.09%

Dividends & Yields

This stock pays an annual dividend of $0.74, which amounts to a dividend yield of 2.27%.

Dividend Per Share $0.74
Dividend Yield 2.27%
Dividend Growth (YoY) -4.59%
Years of Dividend Growth 2
Payout Ratio 17.79%
Buyback Yield 1.77%
Shareholder Yield 4.06%
Earnings Yield 13.21%
FCF Yield 13.43%
Dividend Details

Analyst Forecast

The average price target for Enact Holdings is $35.00, which is 7.56% higher than the current price. The consensus rating is "Buy".

Price Target $35.00
Price Target Difference 7.56%
Analyst Consensus Buy
Analyst Count 5
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 7