Enact HoldingsACT
ACT
About: Enact Holdings Inc is a private mortgage insurance company serving the United States housing finance market. The principal mortgage insurance customers are originators of residential mortgage loans who determine which mortgage insurer or insurers will be used for the placement of mortgage insurance written on loans originated. The company is engaged in writing and assuming residential mortgage guaranty insurance.
Employees: 421
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
1,906% more call options, than puts
Call options by funds: $983K | Put options by funds: $49K
95% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 21
42% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 62
9% more funds holding
Funds holding: 194 [Q3] → 211 (+17) [Q4]
0.02% more ownership
Funds ownership: 18.36% [Q3] → 18.37% (+0.02%) [Q4]
12% less capital invested
Capital invested by funds: $1.04B [Q3] → $914M (-$124M) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$39
14%
upside
Avg. target
$39
14%
upside
High target
$39
14%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Bose George 48% 1-year accuracy 22 / 46 met price target | 14%upside $39 | Outperform Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 3 articles about ACT published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
Enact to Host First Quarter 2025 Earnings Call May 1st
RALEIGH, N.C., April 10, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its first quarter earnings release after the market closes on April 30, 2025. Enact will host a conference call to review first quarter 2025 financial results on May 1, 2025 at 8:00 a.m. (ET).
Neutral
PRNewsWire
1 week ago
Enact Holdings Set to Join S&P SmallCap 600
NEW YORK , April 9, 2025 /PRNewswire/ -- Enact Holdings Inc. (NASD: ACT) will replace SolarWinds Corp. (NYSE: SWI) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, April 16. Turn/River Capital is acquiring SolarWinds in a deal expected to close soon, pending final closing conditions.
Neutral
GlobeNewsWire
3 weeks ago
Enact Releases 2024 Sustainability Report
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.
Negative
Zacks Investment Research
1 month ago
Are Finance Stocks Lagging Enact Holdings (ACT) This Year?
Here is how Enact Holdings, Inc. (ACT) and Erie Indemnity (ERIE) have performed compared to their sector so far this year.
Neutral
GlobeNewsWire
1 month ago
Enact Announces Changes to its Board of Directors
RALEIGH, N.C., March 11, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced that it has appointed H.
Positive
Zacks Investment Research
2 months ago
ACT or GSHD: Which Is the Better Value Stock Right Now?
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?
Neutral
Seeking Alpha
2 months ago
Enact Holdings, Inc. (ACT) Q4 2024 Earnings Conference Call Transcript
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.
Negative
Zacks Investment Research
2 months ago
Enact Holdings, Inc. (ACT) Q4 Earnings and Revenues Lag Estimates
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.
Neutral
GlobeNewsWire
2 months ago
Enact Reports Fourth Quarter and Full Year 2024 Results and Announces Quarterly Dividend
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
Neutral
GlobeNewsWire
2 months ago
Enact Mortgage Insurance Enters into Two Forward XOL Reinsurance Transactions as Part of its Diversified Credit Risk Transfer Program
Secures approximately $225 million and $260 million of excess of loss reinsurance coverage from a panel of third-party reinsurance providers Secures approximately $225 million and $260 million of excess of loss reinsurance coverage from a panel of third-party reinsurance providers
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