ENACT HOLDINGS INC (ACT) Stock Price, Forecast & Analysis
NASDAQ:ACT • US29249E1091
ACT Key Statistics, Chart & Performance
The current stock price of ACT is 41.84 USD. In the past month the price increased by 4.24%. In the past year, price increased by 21.7%.
ACT Technical Analysis
ChartMill assigns a technical rating of 10 / 10 to ACT. When comparing the yearly performance of all stocks, ACT is one of the better performing stocks in the market, outperforming 73.17% of all stocks.
ACT Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to ACT. Both the profitability and the financial health of ACT get a neutral evaluation. Nothing too spectacular is happening here.
ACT Financial Highlights
Over the last trailing twelve months ACT reported a non-GAAP Earnings per Share(EPS) of 4.6. The EPS increased by 0.88% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 53.87% | ||
| ROA | 9.6% | ||
| ROE | 12.41% | ||
| Debt/Equity | 0.14 |
ACT Forecast & Estimates
9 analysts have analysed ACT and the average price target is 46.67 USD. This implies a price increase of 11.53% is expected in the next year compared to the current price of 41.84.
For the next year, analysts expect an EPS growth of 1.99% and a revenue growth 2.39% for ACT
ACT Ownership
ACT Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| RKT | ROCKET COS INC-CLASS A | 22.26 | 51.221B | ||
| UWMC | UWM HOLDINGS CORP | 9.37 | 7.056B | ||
| MTG | MGIC INVESTMENT CORP | 8.28 | 5.82B | ||
| PFSI | PENNYMAC FINANCIAL SERVICES | 7.32 | 4.786B | ||
| RDN | RADIAN GROUP INC | 7.54 | 4.677B | ||
| NMIH | NMI HOLDINGS INC | 7.55 | 3.022B | ||
| MBIN | MERCHANTS BANCORP/IN | 8.05 | 1.94B | ||
| AGM | FEDERAL AGRIC MTG CORP-CL C | 8.11 | 1.718B | ||
| WD | WALKER & DUNLOP INC | 9.85 | 1.567B |
Related stock screener links
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About ACT
Company Profile
Enact Holdings, Inc. is a holding company, which engages in the provision of mortgage insurance services. The company is headquartered in Raleigh, North Carolina. The company went IPO on 2021-05-13. The firm 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. The company 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). The company 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.
Company Info
ENACT HOLDINGS INC
8325 Six Forks Road
Raleigh NORTH CAROLINA Dublin 2 US
CEO: Rohit Gupta
Employees: 421
Phone: 19198464100
ENACT HOLDINGS INC / ACT FAQ
Can you describe the business of ENACT HOLDINGS INC?
Enact Holdings, Inc. is a holding company, which engages in the provision of mortgage insurance services. The company is headquartered in Raleigh, North Carolina. The company went IPO on 2021-05-13. The firm 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. The company 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). The company 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.
What is the current price of ACT stock?
The current stock price of ACT is 41.84 USD. The price decreased by -1.71% in the last trading session.
What is the dividend status of ENACT HOLDINGS INC?
ENACT HOLDINGS INC (ACT) has a dividend yield of 1.97%. The yearly dividend amount is currently 0.72.
What is the ChartMill technical and fundamental rating of ACT stock?
ACT has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
Where is ENACT HOLDINGS INC (ACT) stock traded?
ACT stock is listed on the Nasdaq exchange.
Would investing in ENACT HOLDINGS INC be a good decision?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on ACT.
Can you provide the ownership details for ACT stock?
You can find the ownership structure of ENACT HOLDINGS INC (ACT) on the Ownership tab.