Enact Holdings Inc ACT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Enact to Host First Quarter 2024 Earnings Call May 2nd
-
Enact Integrated with PMI Rate Pro for Seamless Ordering
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Enact Releases 2023 Environmental, Social, and Governance (ESG) Report
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Enact Announces Quarterly Dividend
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Enact Reports Fourth Quarter and Full Year 2023 Results
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Enact Completes Forward XOL Reinsurance Transaction as Part of its Diversified Credit Risk Transfer Program
Trading Information
- Previous Close Price
- $30.00
- Day Range
- $29.76–30.03
- 52-Week Range
- $21.81–31.26
- Bid/Ask
- $29.98 / $30.01
- Market Cap
- $4.74 Bil
- Volume/Avg
- 169,436 / 267,487
Key Statistics
- Price/Earnings (Normalized)
- 7.23
- Price/Sales
- 4.18
- Dividend Yield (Trailing)
- 2.13%
- Dividend Yield (Forward)
- 2.13%
- Total Yield
- 3.98%
Company Profile
Enact Holdings Inc is a private mortgage insurance company serving the United States housing finance market. The principal mortgage insurance customers are originators of residential mortgage loans who determine which mortgage insurer or insurers they will use for the placement of mortgage insurance written on loans they originate. The company is engaged in the business of writing and assuming residential mortgage guaranty insurance.
- Sector
- Financial Services
- Industry
- Insurance - Specialty
- Stock Style Box
- Small Value
- Total Number of Employees
- 465
- Website
- https://www.enactmi.com
Comparables
Valuation
|
Metric
|
ACT
|
NMIH
|
ESNT
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.23 | 8.01 | 8.28 |
Price/Book Value | 1.02 | 1.29 | 1.13 |
Price/Sales | 4.18 | 4.46 | 5.18 |
Price/Cash Flow | 6.95 | 5.82 | 7.77 |
Price/Earnings
ACT
NMIH
ESNT
Financial Strength
|
Metric
|
ACT
|
NMIH
|
ESNT
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 17.42 | 13.81 | 28.31 |
Quick Ratio
No chart available
Profitability
|
Metric
|
ACT
|
NMIH
|
ESNT
|
|---|---|---|---|
Return on Assets (Normalized) | 11.40% | 11.89% | 11.81% |
Return on Equity (Normalized) | 15.47% | 18.33% | 14.99% |
Return on Invested Capital (Normalized) | 14.01% | 16.11% | 14.26% |
Return on Assets
ACT
NMIH
ESNT
Insurance - Specialty Industry Comparables
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Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
FNF
| Fidelity National Financial Inc | Lbxkg | Cff | $13.5 Bil | |
AIZ
| Assurant Inc | Stqjshql | Rbng | $9.2 Bil | |
MDBPF
| Medibank Private Ltd | — | Flhtx | $6.5 Bil | |
RYAN
| Ryan Specialty Holdings Inc Class A | — | Sycvzsj | $6.1 Bil | |
FAF
| First American Financial Corp | Ysjdzytg | Zsygz | $6.0 Bil | |
ESNT
| Essent Group Ltd | — | Khdb | $5.8 Bil | |
BZLYF
| Beazley PLC | — | Ttks | $5.4 Bil | |
MTG
| MGIC Investment Corp | Cmmjdtlyg | Bdvx | $5.4 Bil | |
AXS
| Axis Capital Holdings Ltd | — | Xwpr | $5.3 Bil |