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 Second Quarter 2024 Earnings Call August 1st
-
Enact Completes XOL Reinsurance Transaction as Part of its Diversified Credit Risk Transfer Program
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Enact to Participate at the 2024 TD Financial Services and Fintech Summit
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Enact Holdings, Inc. Prices $750 Million of Senior Notes
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Enact Reports First Quarter 2024 Results
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Enact Announces 16% Increase to Quarterly Dividend and New $250 Million Share Repurchase Program
Trading Information
- Previous Close Price
- $34.20
- Day Range
- $34.02–34.70
- 52-Week Range
- $26.13–34.70
- Bid/Ask
- $34.27 / $34.73
- Market Cap
- $5.43 Bil
- Volume/Avg
- 213,739 / 190,462
Key Statistics
- Price/Earnings (Normalized)
- 8.54
- Price/Sales
- 4.78
- Dividend Yield (Trailing)
- 1.92%
- Dividend Yield (Forward)
- 2.14%
- Total Yield
- 4.05%
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
|
TIPT
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.54 | 9.75 | 13.49 |
Price/Book Value | 1.16 | 1.60 | 1.66 |
Price/Sales | 4.78 | 5.47 | 0.41 |
Price/Cash Flow | 8.14 | 7.10 | 0.72 |
Price/Earnings
ACT
NMIH
TIPT
Financial Strength
|
Metric
|
ACT
|
NMIH
|
TIPT
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 17.09 | 14.38 | 4.54 |
Quick Ratio
No chart available
Profitability
|
Metric
|
ACT
|
NMIH
|
TIPT
|
|---|---|---|---|
Return on Assets (Normalized) | 11.02% | 12.00% | 1.85% |
Return on Equity (Normalized) | 14.84% | 18.40% | 21.88% |
Return on Invested Capital (Normalized) | 13.50% | 16.24% | 11.46% |
Return on Assets
ACT
NMIH
TIPT
Insurance - Specialty Industry Comparables
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1-Day Chart
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