Enact Holdings Inc's fundamentals are relatively very weak, and its growth potential is significant.Its valuation is considered fairly valued, ranking 76/117 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 40.60.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Enact Holdings Inc's Score
Industry at a Glance
Industry Ranking
76 / 117
Overall Ranking
300 / 4560
Industry
Insurance
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Hold
Current Rating
40.600
Target Price
+7.21%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Enact Holdings Inc Highlights
StrengthsRisks
Enact Holdings, Inc. operates principally through its wholly owned subsidiary, Enact Mortgage Insurance Corporation, a private mortgage insurance provider. The Company 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 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. Fannie Mae and Freddie Mac are government-sponsored enterprises.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 16.24%.
Overvalued
The company’s latest PE is 9.05, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 31.36M shares, decreasing 0.00% quarter-over-quarter.
Enact Holdings, Inc. operates principally through its wholly owned subsidiary, Enact Mortgage Insurance Corporation, a private mortgage insurance provider. The Company 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 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. Fannie Mae and Freddie Mac are government-sponsored enterprises.
Ticker SymbolACT
CompanyEnact Holdings Inc
CEOGupta (Rohit)
Websitehttps://enactmi.com/
FAQs
What is the current price of Enact Holdings Inc (ACT)?
The current price of Enact Holdings Inc (ACT) is 39.640.
What is the symbol of Enact Holdings Inc?
The ticker symbol of Enact Holdings Inc is ACT.
What is the 52-week high of Enact Holdings Inc?
The 52-week high of Enact Holdings Inc is 40.885.
What is the 52-week low of Enact Holdings Inc?
The 52-week low of Enact Holdings Inc is 30.790.
What is the market capitalization of Enact Holdings Inc?
The market capitalization of Enact Holdings Inc is 5.77B.
What is the net income of Enact Holdings Inc?
The net income of Enact Holdings Inc is 688.07M.
Is Enact Holdings Inc (ACT) currently rated as Buy, Hold, or Sell?
According to analysts, Enact Holdings Inc (ACT) has an overall rating of Hold, with a price target of 40.600.
What is the Earnings Per Share (EPS TTM) of Enact Holdings Inc (ACT)?
The Earnings Per Share (EPS TTM) of Enact Holdings Inc (ACT) is 4.381.