Financial Services -
Insurance - Specialty - NASDAQ - US
$ 34.99
-1.82 %
$ 5.3 B
Market Cap
7.91
P/E
1. INTRINSIC VALUE
Balance Sheet
Enact Holdings, Inc.
| Current Assets | 6.22 B |
| Cash & Short-Term Investments | 6.22 B |
| Receivables | 53 M |
| Other Current Assets | -53 M |
| Non-Current Assets | 65 M |
| Long-Term Investments | 3.37 M |
| PP&E | 0 |
| Other Non-Current Assets | 61.6 M |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 743 M |
| Long-Term Debt | 743 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Enact Holdings, Inc.
| Revenue | 1.2 B |
| Cost Of Revenue | 0 |
| Gross Profit | 1.2 B |
| Operating Expenses | 213 M |
| Operating Income | 988 M |
| Other Expenses | 300 M |
| Net Income | 688 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Enact Holdings, Inc.
| Net Income | 688 M |
| Depreciation & Amortization | -1.94 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 18.8 M |
| Change in Working Capital | -53 M |
| Others | -23.1 M |
| Free Cash Flow | 686 M |
Wall Street Analysts Price Targets
Enact Holdings, Inc.
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
-28.55%
ACT Average Price Target
Wall Street Target
30.7 USD
-12.36%
ACT Highest Price Target
Wall Street Target
33 USD
-5.69%
4. DIVIDEND
ANALYSIS
0.57%
DIVIDEND YIELD
0.185 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Enact Holdings, Inc.
Sold
0-3 MONTHS
54 M USD 4
3-6 MONTHS
60.3 M USD 1
6-9 MONTHS
58.1 M USD 1
9-12 MONTHS
39.5 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Electrovaya to Showcase New Battery Products at the Advanced Clean Transportation (ACT) Expo 2025
Electrovaya's Latest Battery Modules and Battery Systems that will be Manufactured in the USA will be on display at the ACT EXPO from April 28-30th at the Anaheim Convention Center TORONTO, ON / ACCESS Newswire / April 22, 2025 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that that it will be exhibiting at the Advanced Clean Transportation ("ACT") Expo2025, taking place on April 28 - April 30, 2025, at the Anaheim Convention Center in California, USA. Electrovaya will be exhibiting at Booth #3421 , where it will be showcasing its latest lithium ion battery cells, modules and battery systems which will be manufactured at scale at its gigafactory in Jamestown, New York.
accessnewswire.com
- 1 week ago
Phoenix Motors To Participate in the Advanced Clean Transportation (ACT) Expo at Anaheim Convention Center
ANAHEIM, CA / ACCESS Newswire / April 16, 2025 / Phoenix Motor Inc. dba PhoenixEV (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, is excited to announce its participation in the Advanced Clean Transportation (ACT) Expo, taking place from April 28 to May 1 at the Anaheim Convention Center. This prestigious event brings together industry leaders, innovators, and key stakeholders dedicated to advancing transportation solutions that prioritize sustainability and environmental responsibility.
accessnewswire.com
- 2 weeks 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).
globenewswire.com
- 3 weeks 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.
prnewswire.com
- 3 weeks ago
Tritium CEO Announces Revolutionary DC Fast Charging Solution to be Unveiled at ACT Expo
Arcady Sosinov, appointed Tritium CEO in December 2024, announces a next-generation ultra-scaling EV charging solution that will be revealed April 28, 2025 at ACT Expo in Anaheim, Calif. Arcady Sosinov, appointed Tritium CEO in December 2024, announces a next-generation ultra-scaling EV charging solution that will be revealed April 28, 2025 at ACT Expo in Anaheim, Calif.
globenewswire.com
- 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.
globenewswire.com
- 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.
zacks.com
- 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.
globenewswire.com
- 1 month ago
Seven & i in talks with Couche-Tard over store sales for merger deal
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.
reuters.com
- 1 month ago
Aduro Clean Technologies Appoints Vice President of Finance
LONDON, Ontario, Feb. 27, 2025 (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 appointment of Neha Nisar (“Neha”) as Vice President of Finance.
globenewswire.com
- 2 months ago
Aduro Clean Technologies to Participate in Key Industry Conferences
LONDON, Ontario, Feb. 18, 2025 (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, is pleased to announce its participation in a series of key industry conferences. With the expected commissioning of the Company's Next Generation Process (“NGP”) Pilot Plant in the third quarter of 2025, Aduro will take advantage of the opportunity to present the unique features of the process and share its plans with key stakeholders.
globenewswire.com
- 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?
zacks.com
- 2 months ago
8. Profile
Summary
Enact Holdings, Inc. ACT
COUNTRY
US
INDUSTRY
Insurance - Specialty
MARKET CAP
$ 5.3 B
Dividend Yield
0.57%
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
421
Officers
Mr. Michael Paul Derstine
Executive Vice President & Chief Risk Officer
Mr. Hardin Dean Mitchell
Executive Vice President, Chief Financial Officer & Treasurer
Mr. Brian Michael Gould
EVice President & Chief Operating Officer
Mr. Evan Scott Stolove
Executive Vice President, General Counsel & Secretary
Mr. Daniel Kohl
Vice President of Investor Relations
Mr. Matthew Robert Young
Senior Vice President of Sales
Mr. Rohit Gupta
President, Chief Executive Officer & Director
Ms. Susan Gumm Sullivan
Senior Vice President & Chief Human Resources Officer
Ms. Neenu Sohi Kainth
Senior Vice President & Chief Customer Experience Officer
Mr. James Robert McMullen
Vice President, Controller & Principal Accounting Officer