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NASDAQ: ACT
Enact Holdings Inc Stock

$29.94+0.17 (+0.57%)
Updated Apr 22, 2024
ACT Price
$29.94
Fair Value Price
$61.41
Market Cap
$4.76B
52 Week Low
$21.81
52 Week High
$31.26
P/E
7.23x
P/B
1.03x
P/S
4.03x
PEG
N/A
Dividend Yield
2.06%
Revenue
$1.15B
Earnings
$665.51M
Gross Margin
97.6%
Operating Margin
78.3%
Profit Margin
57.7%
Debt to Equity
0.34
Operating Cash Flow
$632M
Beta
0.72
Next Earnings
May 2, 2024
Ex-Dividend
N/A
Next Dividend
N/A

ACT Overview

Enact Holdings, Inc., a subsidiary of Genworth Holdings, Inc., is a private mortgage insurance company in the U.S. It offers residential mortgage insurance products and contract underwriting services for mortgage lenders. Enact was known as Genworth Mortgage Holdings, Inc. until it changed its name to Enact Holdings, Inc. in 2021/05. The company was founded in 1981 and is headquartered in Raleigh, NC.

Zen Score

–
Industry Average (33)
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Due Diligence Checks

ACT ($29.94) is undervalued by 51.24% relative to our estimate of its Fair Value price of $61.41 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
ACT ($29.94) is significantly undervalued by 51.24% relative to our estimate of its Fair Value price of $61.41 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
ACT is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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ACT News

Valuation

ACT fair value

Fair Value of ACT stock based on Discounted Cash Flow (DCF)
Price
$29.94
Fair Value
$61.41
Undervalued by
51.24%
ACT ($29.94) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
ACT ($29.94) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
ACT is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

ACT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
7.23x
Industry
28.97x
Market
41x
ACT is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ACT is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

ACT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.03x
Industry
1.54x
ACT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ACT's financial health

Profit margin

Revenue
$296.2M
Net Income
$157.3M
Profit Margin
53.1%
ACT's Earnings (EBIT) of $903.38M... subscribe to Premium to read more.
Interest Coverage Financials
ACT's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$6.2B
Liabilities
$1.6B
Debt to equity
0.34
ACT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$190.1M
Investing
-$95.4M
Financing
-$156.9M
ACT's operating cash flow ($632.04M)... subscribe to Premium to read more.
Debt Coverage Financials

ACT vs Specialty Insurance Stocks

TickerMarket Cap1d %P/EP/B
ACT$4.76B+0.57%7.23x1.03x
RDN$4.53B+0.88%7.85x1.03x
AGO$4.31B+0.32%6.20x0.75x
AXS$5.25B-0.46%15.32x1.00x
MTG$5.39B+0.71%7.96x1.06x

Enact Holdings Stock FAQ

What is Enact Holdings's quote symbol?

(NASDAQ: ACT) Enact Holdings trades on the NASDAQ under the ticker symbol ACT. Enact Holdings stock quotes can also be displayed as NASDAQ: ACT.

If you're new to stock investing, here's how to buy Enact Holdings stock.

What is the 52 week high and low for Enact Holdings (NASDAQ: ACT)?

(NASDAQ: ACT) Enact Holdings's 52-week high was $31.26, and its 52-week low was $21.81. It is currently -4.22% from its 52-week high and 37.28% from its 52-week low.

How much is Enact Holdings stock worth today?

(NASDAQ: ACT) Enact Holdings currently has 159,108,759 outstanding shares. With Enact Holdings stock trading at $29.94 per share, the total value of Enact Holdings stock (market capitalization) is $4.76B.

Enact Holdings stock was originally listed at a price of $20.49 in Sep 16, 2021. If you had invested in Enact Holdings stock at $20.49, your return over the last 2 years would have been 46.12%, for an annualized return of 20.88% (not including any dividends or dividend reinvestments).

How much is Enact Holdings's stock price per share?

(NASDAQ: ACT) Enact Holdings stock price per share is $29.94 today (as of Apr 22, 2024).

What is Enact Holdings's Market Cap?

(NASDAQ: ACT) Enact Holdings's market cap is $4.76B, as of Apr 23, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Enact Holdings's market cap is calculated by multiplying ACT's current stock price of $29.94 by ACT's total outstanding shares of 159,108,759.
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