Enact Holdings, Inc. (ACT)
$
34.75
+0.35 (1.01%)
Key metrics
Financial statements
Free cash flow per share
4.4697
Market cap
5.3 Billion
Price to sales ratio
4.3811
Debt to equity
0.1487
Current ratio
0
Income quality
0.9974
Average inventory
0
ROE
0.1406
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Enact Holdings, Inc. operates as a private mortgage insurance company in the United States, specializing in writing and assuming residential mortgage guaranty insurance. The company focuses on offering private mortgage insurance products that primarily insure prime-based, individually underwritten residential mortgage loans, alongside contract underwriting services for mortgage lenders. With a commitment to efficiency, the gross profit ratio is 1.00 reflecting the effectiveness of the company’s production and sales operations. In managing its financial obligations, the company incurred an interest expense of $51,157,000.00 which underscores its debt servicing responsibilities. The income before tax ratio stands at 0.73 indicating a robust pre-tax margin. Furthermore, the company incurred an income tax expense of $189,993,000.00 which highlights its tax obligations. Operationally, Enact Holdings reported selling, general, and administrative expenses of $0.00 reflecting the underlying costs associated with its overhead. In the investment landscape, Enact Holdings presents an attractive opportunity as the stock is affordable at $34.53 making it suitable for budget-conscious investors. The stock also shows a low average trading volume of 267,633.00 which indicates a level of lower market activity that may appeal to certain investors. With a mid-range market capitalization of $5,277,899,500.00 the company has established itself as a steady performer in a competitive environment. Enact Holdings is recognized as a key player in the Insurance - Specialty industry, significantly contributing to the overall market landscape. Furthermore, it operates within the Financial Services sector, consistently driving innovation and growth while maintaining its commitment to its core business of mortgage insurance.
Analysts predict Enact Holdings, Inc. stock to fluctuate between $28.98 (low) and $37.42 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-04-01, Enact Holdings, Inc.'s market cap is $5,277,899,500, based on 151,882,000 outstanding shares.
Compared to Meta Platforms, Inc. Class A Common Stock, Enact Holdings, Inc. has a Lower Market-Cap, indicating a difference in performance.
To buy Enact Holdings, Inc. (ACT) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for ACT. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
Revenue: $1,201,774,000 | EPS: $4.40 | Growth: 6.28%.
Visit https://www.enactmi.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $37.42 (2024-10-18) | All-time low: $18.76 (2021-12-17).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
globenewswire.com
RALEIGH, N.C., March 28, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced the release of its 2024 Sustainability Report covering the calendar year 2024.
zacks.com
Here is how Enact Holdings, Inc. (ACT) and Erie Indemnity (ERIE) have performed compared to their sector so far this year.
globenewswire.com
RALEIGH, N.C., March 11, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced that it has appointed H.
reuters.com
Japan's Seven & i Holdings said on Monday that talks have begun with Canada's Alimentation Couche-Tard (ACT) over a store sale plan that would set the stage for ACT's $47 billion takeover bid.
zacks.com
Investors with an interest in Insurance - Multi line stocks have likely encountered both Enact Holdings, Inc. (ACT) and Goosehead Insurance (GSHD). But which of these two stocks is more attractive to value investors?
globenewswire.com
DALLAS, Feb. 10, 2025 (GLOBE NEWSWIRE) -- ACT-ion Battery Technologies, a startup in the field of lithium ion battery cathode active materials (CAM), announced today the successful closing of its Pre-Series A funding round. Founded in 2019, ACT-ion has developed both an efficient and cost-effective means to produce single crystalline cathode active materials.
seekingalpha.com
Enact Holdings, Inc. (NASDAQ:ACT ) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Daniel Kohl - Vice President, Finance & Investor Relations Rohit Gupta - President & Chief Executive Officer Dean Mitchell - Chief Financial Officer & Treasurer Conference Call Participants Bose George - KBW Doug Harter - UBS Operator Hello, and welcome to Enact's Fourth Quarter Earnings Call. Please be advised that today's conference is being recorded.
zacks.com
Enact Holdings, Inc. (ACT) came out with quarterly earnings of $1.09 per share, missing the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $0.98 per share a year ago.
globenewswire.com
GAAP Net Income of $163 million , or $1.05 per diluted share Adjusted Operating Income of $169 million , or $1.09 per diluted share Return on Equity of 13.0% and Adjusted Operating Return on Equity of 13.5% Record Primary insurance in-force of $269 billion , a 2% increase from fourth quarter 2023 PMIERs Sufficiency of 167% or $2,052 million Book Value Per Share of $32.80 and Book Value Per Share excluding AOCI of $34.16 Returned over $350 million of capital to shareholders in 2024 Announces quarterly cash dividend of $0.185 per common share
prnewswire.com
TSXV: ITR; NYSE American: ITRG www.integraresources.com VANCOUVER, BC , Jan. 30, 2025 /PRNewswire/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is pleased to offer its strong support for Idaho Governor Brad Little's Executive Order 2025-02, the Strategic Permitting, Efficiency, and Economic Development Act (the "SPEED Act" or the "Act"). The recently signed executive order creates a SPEED Council, comprised of Idaho state agency directors, to streamline collaboration across state agencies and expedite the review of state permits for development projects across all sectors in a coordinated manner.
See all news