Enact Holdings, Inc.

ACT

US29249E1091

Property & Casualty Insurance

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
29.95 ^USD	+0.03%		+0.60%	+3.67%

Apr. 11	Enact Holdings Files Mixed Shelf	MT
Apr. 03	Enact Holdings, Inc. Integrated with PMI Rate Pro for Seamless Ordering	CI

Enact Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2023

November 01, 2023 at 04:16 pm EDT

Enact Holdings, Inc. reported earnings results for the third quarter ended September 30, 2023. For the third quarter, the company reported revenue was USD 299.04 million compared to USD 275.08 million a year ago. Net income was USD 164.2 million compared to USD 190.99 million a year ago.

Basic earnings per share from continuing operations was USD 1.03 compared to USD 1.17 a year ago. Diluted earnings per share from continuing operations was USD 1.02 compared to USD 1.17 a year ago.

Latest news about Enact Holdings, Inc.

Enact Holdings Files Mixed Shelf	Apr. 11	MT
Enact Holdings, Inc. Integrated with PMI Rate Pro for Seamless Ordering	Apr. 03	CI
JPMorgan Adjusts Enact Holdings Price Target to $31 From $30, Maintains Neutral Rating	Apr. 03	MT
Enact Holdings Insider Bought Shares Worth $269,690, According to a Recent SEC Filing	Feb. 27	MT
Enact Holdings to Pay Quarterly Dividend of $0.16 a Share, Payable March 13 to Holders of Record Feb. 28	Feb. 20	MT
Enact Holdings, Inc. Announces Quarterly Dividend, Payable on March 13, 2024	Feb. 20	CI
Transcript : Enact Holdings, Inc., Q4 2023 Earnings Call, Feb 07, 2024	Feb. 07
Enact Holdings' Q4 Adjusted Earnings, Revenue Rise	Feb. 07	MT
Earnings Flash (ACT) ENACT HOLDINGS Posts Q4 Revenue $296.2M, vs. Street Est of $297.4M	Feb. 06	MT
Earnings Flash (ACT) ENACT HOLDINGS Posts Q4 EPS $0.98, vs. Street Est of $0.95	Feb. 06	MT
Tranche Update on Enact Holdings, Inc.'s Equity Buyback Plan announced on August 1, 2023.	Feb. 06	CI
Enact Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 06	CI
Enact Mortgage Insurance Signs Quota Share Reinsurance Deal	Jan. 03	MT
UBS Initiates Coverage on Enact With Neutral Rating, $29 Price Target	Dec. 06	MT
North American Morning Briefing : Caution -2-	Nov. 14	DJ
BofA Securities Upgrades Enact Holdings to Buy From Neutral on 'Attractive' Credit Profile, Capital Return Potential; Price Target is $30	Nov. 13	MT
Tranche Update on Enact Holdings, Inc.'s Equity Buyback Plan announced on November 1, 2022.	Nov. 02	CI
Tranche Update on Enact Holdings, Inc.'s Equity Buyback Plan announced on November 1, 2022.	Nov. 02	CI
Transcript : Enact Holdings, Inc., Q3 2023 Earnings Call, Nov 02, 2023	Nov. 02
Tranche Update on Enact Holdings, Inc.'s Equity Buyback Plan announced on August 1, 2023.	Nov. 01	CI
Earnings Flash (ACT) ENACT HOLDINGS Posts Q3 EPS $1.02, vs. Street Est of $0.90	Nov. 01	MT
Earnings Flash (ACT) ENACT HOLDINGS Reports Q3 Revenue $299M, vs. Street Est of $291.4M	Nov. 01	MT
Enact Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2023	Nov. 01	CI
Enact Holdings, Inc. Declares a Special Cash Dividend, Payable on December 5, 2023	Nov. 01	CI
Enact Holdings, Inc. Declares Quarterly Dividend, Payable on December 5, 2023	Nov. 01	CI

Chart Enact Holdings, Inc.

Duration

Period

More charts

Company Profile

Enact Holdings, Inc. is a private mortgage insurance company. The Company operates principally through its wholly owned subsidiary, Enact Mortgage Insurance Corporation. It is engaged in the business of writing and assuming residential mortgage guaranty insurance. The insurance protects lenders and investors against certain losses resulting from nonpayment of loans secured by mortgages, deeds of trust or other instruments constituting a first lien on residential real estate. It facilitates the sale of mortgages to the secondary market, including to private investors, as well as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). It has a diverse customer base and maintains enduring relationships across the mortgage origination market, including with national banks, non-bank mortgage lenders, local mortgage bankers, community banks and credit unions.

Sector

Property & Casualty Insurance

Calendar

2024-04-30 - Q1 2024 Earnings Release

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Enact Holdings, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

29.95 USD

Average target price

33.17 USD

Spread / Average Target

+10.74%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Property & Casualty Insurance

	1st Jan change	Capi.
ENACT HOLDINGS, INC.	+3.67%	4.73B
TOKIO MARINE HOLDINGS, INC.	+38.91%	61.52B
AMERICAN INTERNATIONAL GROUP, INC.	+10.01%	50.24B
THE TRAVELERS COMPANIES	+12.05%	48.88B
THE ALLSTATE CORPORATION	+21.50%	44.86B
ARCH CAPITAL GROUP LTD.	+22.39%	33.96B
INTACT FINANCIAL CORPORATION	+10.03%	29.23B
MS&AD INSURANCE GROUP HOLDINGS, INC.	+50.11%	27.95B
FAIRFAX FINANCIAL HOLDINGS LIMITED	+21.57%	24.78B
SAMPO OYJ	-3.96%	20.38B

Other Property & Casualty Insurance