Enact (ACT)

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Enact (ACT) - 2023 Q4 - Annual Report
2024-02-28 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 001-40399 Enact Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 46-1579166 (State or other juri ...
Best Value Stocks to Buy for February 14th
Zacks Investment Research· 2024-02-14 10:11
Here are three stocks with buy rank and strong value characteristics for investors to consider today, February 14:Enact Holdings, Inc. (ACT) : This private mortgage insurance company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.1% over the last 60 days.Enact Holdings has a price-to-earnings ratio (P/E) of 7.37 compared with 22.60 for the industry. The company possesses a Value Score of B.Camden National Corporation (CAC) : This bank holdi ...
Enact (ACT) - 2023 Q4 - Earnings Call Presentation
2024-02-07 21:29
Fourth Quarter 2023 Financial Results ...
Enact Holdings, Inc. (ACT) Q4 2023 Earnings Conference Call Transcript
Seeking Alpha· 2024-02-07 21:29
Enact Holdings, Inc. (NASDAQ:ACT) Q4 2023 Earnings Conference Call February 7, 2024 8:00 AM ET Company Participants Daniel Kohl - VP, IR Rohit Gupta - President & CEO Dean Mitchell - EVP & CFO Conference Call Participants Richard Shane - JPMorgan Mihir Bhatia - Bank of America Merrill Lynch Geoffrey Dunn - Dowling Partners Jake Fuller - BTIG Arren Cyganovich - Citi Operator Hello, and welcome to Enact's Fourth Quarter Earnings Call. Please be advised that today's conference is being recorded. I would now li ...
Enact (ACT) - 2023 Q4 - Earnings Call Transcript
2024-02-07 21:29
Enact Holdings, Inc. (NASDAQ:ACT) Q4 2023 Earnings Conference Call February 7, 2024 8:00 AM ET Company Participants Daniel Kohl - VP, IR Rohit Gupta - President & CEO Dean Mitchell - EVP & CFO Conference Call Participants Richard Shane - JPMorgan Mihir Bhatia - Bank of America Merrill Lynch Geoffrey Dunn - Dowling Partners Jake Fuller - BTIG Arren Cyganovich - Citi Operator Hello, and welcome to Enact's Fourth Quarter Earnings Call. Please be advised that today's conference is being recorded. I would now li ...
Enact Holdings, Inc. (ACT) Beats Q4 Earnings Estimates
Zacks Investment Research· 2024-02-07 00:20
分组1 - Enact Holdings, Inc. reported quarterly earnings of $0.98 per share, exceeding the Zacks Consensus Estimate of $0.90 per share, and showing an increase from $0.90 per share a year ago, representing an earnings surprise of 8.89% [1] - The company posted revenues of $296.19 million for the quarter ended December 2023, which was below the Zacks Consensus Estimate by 2.43%, but an increase from $276.84 million in the same quarter last year [1] - Over the last four quarters, Enact Holdings has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [1] 分组2 - The stock has underperformed the market, losing about 4% since the beginning of the year compared to the S&P 500's gain of 3.6% [2] - The current consensus EPS estimate for the upcoming quarter is $0.90 on revenues of $306.09 million, and for the current fiscal year, it is $3.65 on revenues of $1.26 billion [4] - The Zacks Industry Rank for Insurance - Multi line is in the top 42% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [5]
Enact Completes Forward XOL Reinsurance Transaction as Part of its Diversified Credit Risk Transfer Program
Newsfilter· 2024-02-01 21:20
RALEIGH, N.C., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its flagship legal entity, Enact Mortgage Insurance Corporation, has secured approximately $255 million of additional excess of loss (XOL) reinsurance coverage. This credit risk transfer (CRT) transaction covers a portion of expected new insurance written for the 2024 book year (policies written from January 1, 2 ...
Enact Holdings, Inc. (ACT) Reports Next Week: What Awaits?
Zacks Investment Research· 2024-01-30 16:06
Enact Holdings, Inc. (ACT) is expected to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 6, 2024, might help the stock move higher if these key numbe ...
Enact Receives Ratings Upgrade from S&P Global Ratings
Newsfilter· 2024-01-09 13:00
RALEIGH, N.C., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that S&P Global Ratings upgraded the long-term financial strength and issuer credit ratings for our flagship insurance subsidiary, Enact Mortgage Insurance Corporation, to A- from BBB+. S&P also announced they raised the long-term issuer credit rating on Enact Holdings Inc. to ‘BBB-' from ‘BB+'. The outlook for the rat ...
Enact to Host Fourth Quarter 2023 Earnings Call February 7th
GlobeNewsWire· 2024-01-04 21:15
RALEIGH, N.C., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its fourth quarter earnings release after the market closes on February 6, 2024. Enact will host a conference call to review fourth quarter 2023 financial results on February 7, 2024 at 8:00 a.m. (ET). Enact’s earnings release, summary presentation and financial supplement will be available through the company's website, https://ir.enactmi.com/, at the time of their release to the public. Part ...