image
Financial Services - Insurance - Specialty - NASDAQ - US
$ 34.03
-0.322 %
$ 5.23 B
Market Cap
7.93
P/E
1. INTRINSIC VALUE

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company is involved in writing and assuming residential mortgage guaranty insurance. It offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and contract underwriting services for mortgage lenders. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc. is a subsidiary of Genworth Holdings, Inc.[ Read More ]

The intrinsic value of one ACT stock under the base case scenario is HIDDEN Compared to the current market price of 34 USD, Enact Holdings, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ACT

image
FINANCIALS
1.15 B REVENUE
5.36%
1.15 B OPERATING INCOME
21.45%
666 M NET INCOME
-5.49%
632 M OPERATING CASH FLOW
12.76%
-229 M INVESTING CASH FLOW
-4.15%
-301 M FINANCING CASH FLOW
-19.19%
310 M REVENUE
3.60%
256 M OPERATING INCOME
11.79%
181 M NET INCOME
-1.64%
188 M OPERATING CASH FLOW
30.02%
-102 M INVESTING CASH FLOW
-317.83%
-111 M FINANCING CASH FLOW
-20.90%
Balance Sheet Decomposition Enact Holdings, Inc.
image
Current Assets 5.88 B
Cash & Short-Term Investments 5.88 B
Receivables 0
Other Current Assets 0
Non-Current Assets 5.11 B
Long-Term Investments 5.29 B
PP&E 11.3 M
Other Non-Current Assets -190 M
Current Liabilities 0
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 0
Non-Current Liabilities 1.56 B
Long-Term Debt 745 M
Other Non-Current Liabilities 813 M
EFFICIENCY
Earnings Waterfall Enact Holdings, Inc.
image
Revenue 1.15 B
Cost Of Revenue 0
Gross Profit 1.15 B
Operating Expenses 212 M
Operating Income 1.15 B
Other Expenses 488 M
Net Income 666 M
RATIOS
100.00% GROSS MARGIN
100.00%
100.00% OPERATING MARGIN
100.00%
57.69% NET MARGIN
57.69%
14.37% ROE
14.37%
10.75% ROA
10.75%
16.77% ROIC
16.77%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Enact Holdings, Inc.
image
Net Income 666 M
Depreciation & Amortization 4.12 M
Capital Expenditures 0
Stock-Based Compensation 15.3 M
Change in Working Capital -61.5 M
Others -51 M
Free Cash Flow 632 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Enact Holdings, Inc.
image
Wall Street analysts predict an average 1-year price target for ACT of $30.7 , with forecasts ranging from a low of $25 to a high of $33 .
ACT Lowest Price Target Wall Street Target
25 USD -26.54%
ACT Average Price Target Wall Street Target
30.7 USD -9.88%
ACT Highest Price Target Wall Street Target
33 USD -3.03%
4. DIVIDEND ANALYSIS
0.51% DIVIDEND YIELD
0.185 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Enact Holdings, Inc.
image
Sold
0-3 MONTHS
72.1 M USD 1
3-6 MONTHS
39.9 M USD 1
6-9 MONTHS
47 M USD 1
9-12 MONTHS
11.2 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
270 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 weeks ago
Oct 31, 2024
Sell 24.5 M USD
Genworth Holdings, Inc.
10 percent owner
- 682729
35.8992 USD
1 month ago
Sep 30, 2024
Sell 24.2 M USD
Genworth Holdings, Inc.
10 percent owner
- 673037
35.9971 USD
2 months ago
Aug 30, 2024
Sell 23.4 M USD
Genworth Holdings, Inc.
10 percent owner
- 697093
33.5709 USD
3 months ago
Jul 31, 2024
Sell 10.5 M USD
Genworth Holdings, Inc.
10 percent owner
- 337312
31.0111 USD
4 months ago
Jun 28, 2024
Sell 16.3 M USD
Genworth Holdings, Inc.
10 percent owner
- 540034
30.1755 USD
5 months ago
May 31, 2024
Sell 13.1 M USD
Genworth Holdings, Inc.
10 percent owner
- 422870
31.0336 USD
6 months ago
Apr 30, 2024
Sell 10.1 M USD
Genworth Holdings, Inc.
10 percent owner
- 336266
30.068 USD
7 months ago
Mar 28, 2024
Sell 7.94 M USD
Genworth Holdings, Inc.
10 percent owner
- 274903
28.8978 USD
8 months ago
Feb 29, 2024
Sell 29 M USD
Genworth Holdings, Inc.
10 percent owner
- 1067671
27.1263 USD
8 months ago
Feb 23, 2024
Bought 270 K USD
Gupta Rohit
President and CEO
+ 10000
26.969 USD
9 months ago
Jan 30, 2024
Sell 3.02 M USD
Genworth Holdings, Inc.
10 percent owner
- 108721
27.7466 USD
11 months ago
Nov 29, 2023
Sell 8.16 M USD
Genworth Holdings, Inc.
10 percent owner
- 294653
27.6892 USD
1 year ago
Oct 30, 2023
Sell 6.52 M USD
Genworth Holdings, Inc.
10 percent owner
- 240502
27.1255 USD
1 year ago
Jul 31, 2023
Sell 5.12 M USD
Genworth Holdings, Inc.
10 percent owner
- 197332
25.9607 USD
1 year ago
Jun 29, 2023
Sell 8.35 M USD
Genworth Holdings, Inc.
10 percent owner
- 332166
25.1501 USD
1 year ago
May 31, 2023
Sell 18.4 M USD
Genworth Holdings, Inc.
10 percent owner
- 772596
23.8504 USD
1 year ago
Apr 28, 2023
Sell 6.78 M USD
Genworth Holdings, Inc.
10 percent owner
- 285980
23.725 USD
1 year ago
Mar 16, 2023
Sell 4.35 M USD
Genworth Holdings, Inc.
10 percent owner
- 181668
23.9408 USD
1 year ago
Mar 10, 2023
Bought 118 K USD
Gupta Rohit
President and CEO
+ 5206
22.6075 USD
1 year ago
Feb 28, 2023
Sell 8.75 M USD
Genworth Holdings, Inc.
10 percent owner
- 359299
24.3461 USD
1 year ago
Jan 31, 2023
Sell 4.99 M USD
Genworth Holdings, Inc.
10 percent owner
- 207007
24.1258 USD
1 year ago
Dec 16, 2022
Sell 459 K USD
Genworth Holdings, Inc.
Director
- 19174
23.9382 USD
1 year ago
Nov 30, 2022
Sell 791 K USD
Genworth Holdings, Inc.
Director
- 32699
24.1985 USD
2 years ago
May 10, 2022
Bought 110 K USD
BLESS MICHAEL A
director:
+ 5000
22.036 USD
2 years ago
May 10, 2022
Bought 110 K USD
BLESS MICHAEL A
Director
+ 5000
22.036 USD
2 years ago
Mar 08, 2022
Bought 99.7 K USD
Gould Brian
EVP & Chief Operations Officer
+ 5000
19.931 USD
2 years ago
Feb 07, 2022
Bought 101 K USD
Gupta Rohit
President and CEO
+ 4750
21.352 USD
2 years ago
Feb 07, 2022
Bought 101 K USD
Gupta Rohit
President and CEO
+ 4750
21.352 USD
3 years ago
Sep 20, 2021
Sell 535 M USD
Genworth Holdings, Inc.
10 percent owner
- 29962560
17.86 USD
3 years ago
Sep 20, 2021
Sell 535 M USD
Genworth Holdings, Inc.
10 percent owner
- 29962560
17.86 USD
3 years ago
Sep 20, 2021
Bought 95 K USD
Waleski Anne G
Director
+ 5000
19 USD
3 years ago
Sep 20, 2021
Bought 95 K USD
Waleski Anne G
Director
+ 5000
19 USD
3 years ago
Sep 20, 2021
Bought 95 K USD
THOMPSON WESTLEY V
Director
+ 5000
19 USD
3 years ago
Sep 20, 2021
Bought 95 K USD
THOMPSON WESTLEY V
Director
+ 5000
19 USD
3 years ago
Sep 20, 2021
Bought 95 K USD
STILL DEBRA
Director
+ 5000
19 USD
3 years ago
Sep 20, 2021
Bought 95 K USD
STILL DEBRA
Director
+ 5000
19 USD
3 years ago
Sep 20, 2021
Bought 950 K USD
Sheehan Daniel J IV
Director
+ 50000
19 USD
3 years ago
Sep 20, 2021
Bought 950 K USD
Sheehan Daniel J IV
Director
+ 50000
19 USD
3 years ago
Sep 20, 2021
Bought 475 K USD
RESTREPO ROBERT P JR
Director
+ 25000
19 USD
3 years ago
Sep 20, 2021
Bought 475 K USD
RESTREPO ROBERT P JR
Director
+ 25000
19 USD
3 years ago
Sep 20, 2021
Bought 380 K USD
Mitchell Hardin Dean
EVP, CFO and Treasurer
+ 20000
19 USD
3 years ago
Sep 20, 2021
Bought 380 K USD
Mitchell Hardin Dean
EVP, CFO and Treasurer
+ 20000
19 USD
3 years ago
Sep 20, 2021
Bought 608 K USD
Gupta Rohit
President and CEO
+ 32000
19 USD
3 years ago
Sep 20, 2021
Bought 608 K USD
Gupta Rohit
President and CEO
+ 32000
19 USD
3 years ago
Sep 20, 2021
Bought 19 K USD
Gould Brian
EVP & Chief Operations Officer
+ 1000
19 USD
3 years ago
Sep 20, 2021
Bought 19 K USD
Gould Brian
EVP & Chief Operations Officer
+ 1000
19 USD
3 years ago
Sep 20, 2021
Bought 114 K USD
FISK JOHN D
Director
+ 6000
19 USD
3 years ago
Sep 20, 2021
Bought 114 K USD
FISK JOHN D
Director
+ 6000
19 USD
3 years ago
Sep 20, 2021
Bought 19 K USD
Derstine Michael
EVP and Chief Risk Officer
+ 1000
19 USD
3 years ago
Sep 20, 2021
Bought 19 K USD
Derstine Michael
EVP and Chief Risk Officer
+ 1000
19 USD
3 years ago
Sep 20, 2021
Bought 190 K USD
Addesso Dominic James
Director
+ 10000
19 USD
3 years ago
Sep 20, 2021
Bought 190 K USD
Addesso Dominic James
Director
+ 10000
19 USD
7. News
Aduro Clean Technologies Announces Closing of US$4 Million Uplisting to Nasdaq LONDON, Ontario, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today announced the closing of its underwritten U.S. public offering (the “Offering”) of 941,177 common shares at a public offering price of US$4.25 per common share. The common shares commenced trading on the Nasdaq Capital Market on November 7, 2024, under the ticker symbol “ADUR. globenewswire.com - 1 week ago
Enact Holdings, Inc. (ACT) Q3 2024 Earnings Call Transcript Enact Holdings, Inc. (NASDAQ:ACT ) Q3 2024 Earnings Conference Call November 7, 2024 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 Doug Harter - UBS Mihir Bhatia - Bank of America Bose George - KBW Richard Shane - JPMorgan Operator Good day and welcome to the Enact Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. seekingalpha.com - 1 week ago
Aduro Clean Technologies Announces Pricing of US$4 Million Uplisting to Nasdaq LONDON, Ontario, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today announced the pricing of its underwritten U.S. public offering of 941,177 common shares at a public offering price of US$4.25 per common share for aggregate gross proceeds of approximately US$4 million, prior to deducting underwriting discounts and offering expenses (the “Offering”). In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 141,176 common shares at the public offering price, less underwriting discounts to cover over-allotments, if any. globenewswire.com - 1 week ago
Enact Holdings, Inc. (ACT) Q3 Earnings and Revenues Top Estimates Enact Holdings, Inc. (ACT) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $1.02 per share a year ago. zacks.com - 1 week ago
Enact Reports Third Quarter 2024 Results And Announces Quarterly Dividend GAAP Net Income of $181 million, or $1.15 per diluted share Adjusted Operating Income of $182 million, or $1.16 per diluted share Return on Equity of 14.7% and Adjusted Operating Return on Equity of 14.8% Record Primary insurance in-force of $268 billion, a 2% increase from third quarter 2023 PMIERs Sufficiency of 173% or $2,190 million Book Value Per Share of $32.61 and Book Value Per Share excluding AOCI of $33.27 Announces quarterly cash dividend of $0.185 per common share globenewswire.com - 1 week ago
Enact Holdings, Inc. (ACT) Expected to Beat Earnings Estimates: Should You Buy? Enact Holdings (ACT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago
Why Enact Holdings (ACT) Could Beat Earnings Estimates Again Enact Holdings (ACT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. zacks.com - 1 month ago
Strategist discusses ACT's raised $47 billion bid for 7-Eleven owner Seven & i Nicholas Smith, Japan strategist at CLSA, says Seven & i's restructuring plans may be a case of "too little too late." youtube.com - 1 month ago
Enact to Host Third Quarter 2024 Earnings Call November 7th RALEIGH, N.C., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its third quarter earnings release after the market closes on November 6, 2024. Enact will host a conference call to review third quarter 2024 financial results on November 7, 2024 at 8:00 a.m. (ET). globenewswire.com - 1 month ago
Is Enact Holdings (ACT) Outperforming Other Finance Stocks This Year? Here is how Enact Holdings, Inc. (ACT) and Arch Capital Group (ACGL) have performed compared to their sector so far this year. zacks.com - 1 month ago
7-Eleven owner rejects $38bn takeover bid as it ‘grossly undervalues' business 7-Eleven's Japanese owner Seven & i has formally rejected a takeover bid tabled by Canadian convenience store giant Alimentation Couche-Tard Inc (TSX:ATD.B) (ACT). ACT, which owns the Circle K chain, announced the surprise $38 billion bid in August, in what would have been the largest takeover of a Japanese corporate in history. proactiveinvestors.co.uk - 2 months ago
8. Profile Summary

Enact Holdings, Inc. ACT

image
COUNTRY US
INDUSTRY Insurance - Specialty
MARKET CAP $ 5.23 B
Dividend Yield 0.51%
Description Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company is involved in writing and assuming residential mortgage guaranty insurance. It offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and contract underwriting services for mortgage lenders. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc. is a subsidiary of Genworth Holdings, Inc.
Contact 8325 Six Forks Road, Raleigh, NC, 27615 https://www.enactmi.com
IPO Date Sept. 16, 2021
Employees 465
Officers Ms. Susan Gumm Sullivan Senior Vice President & Chief Human Resources Officer Mr. Matthew Robert Young Senior Vice President of Sales Mr. Hardin Dean Mitchell Executive Vice President, Chief Financial Officer & Treasurer Ms. Neenu Sohi Kainth Senior Vice President & Chief Customer Experience Officer Mr. James Robert McMullen Vice President, Controller & Principal Accounting Officer Mr. Daniel Kohl Vice President of Investor Relations Mr. Evan Scott Stolove Executive Vice President, General Counsel & Secretary Mr. Rohit Gupta President, Chief Executive Officer & Director Mr. Brian Michael Gould EVice President & Chief Operating Officer Mr. Michael Paul Derstine Executive Vice President & Chief Risk Officer