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NASDAQ: ACT
Enact Holdings Inc Stock Forecast, Predictions & Price Target

Analyst price target for ACT

Based on 3 analysts offering 12 month price targets for Enact Holdings Inc.
Min Forecast
$31.00-6.63%
Avg Forecast
$33.67+1.41%
Max Forecast
$37.00+11.45%

Should I buy or sell ACT stock?

Based on 3 analysts offering ratings for Enact Holdings Inc.
Hold
Strong Buy
0 analysts 0%
Buy
1 analysts 33.33%
Hold
2 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ACT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-22
lockedlocked$00.00+00.00%2024-04-04
lockedlocked$00.00+00.00%2024-04-03

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Forecast return on equity

Is ACT forecast to generate an efficient return?
Company
14.25%
Industry
10.96%
Market
63.13%
ACT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ACT forecast to generate an efficient return on assets?
Company
10.65%
Industry
5.26%
ACT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ACT earnings per share forecast

What is ACT's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$4.02-1.35%
Avg 2 year Forecast
$4.01-1.47%
Avg 3 year Forecast
$4.27+4.91%
ACT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ACT revenue forecast

What is ACT's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$1.2B+5.9%
Avg 2 year Forecast
$1.3B+11.65%
Avg 3 year Forecast
$1.3B+15.15%
ACT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ACT earnings growth forecast

How is ACT forecast to perform vs Insurance - Specialty companies and vs the US market?
Company
0.19%
Industry
34.52%
Market
20.52%
ACT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ACT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ACT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ACT revenue growth forecast

How is ACT forecast to perform vs Insurance - Specialty companies and vs the US market?
Company
5.31%
Industry
8.04%
Market
10.87%
ACT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ACT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ACT vs Specialty Insurance Stocks

TickerPricePrice TargetUp/downsideConsensus
ACT$33.20$33.67+1.41%Hold
RDN$34.55$33.75-2.32%Buy
AGO$82.00$101.33+23.58%Buy
FAF$58.48$63.33+8.30%Buy
AXS$72.21$78.00+8.02%Buy

Enact Holdings Stock Forecast FAQ

Is Enact Holdings Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: ACT) stock is to Hold ACT stock.

Out of 3 analysts, 0 (0%) are recommending ACT as a Strong Buy, 1 (33.33%) are recommending ACT as a Buy, 2 (66.67%) are recommending ACT as a Hold, 0 (0%) are recommending ACT as a Sell, and 0 (0%) are recommending ACT as a Strong Sell.

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

What is ACT's earnings growth forecast for 2024-2026?

(NASDAQ: ACT) Enact Holdings's forecast annual earnings growth rate of 0.19% is not forecast to beat the US Insurance - Specialty industry's average forecast earnings growth rate of 34.52%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.52%.

Enact Holdings's earnings in 2024 is $650,511,000.On average, 2 Wall Street analysts forecast ACT's earnings for 2024 to be $631,528,689, with the lowest ACT earnings forecast at $611,867,148, and the highest ACT earnings forecast at $651,190,230. On average, 2 Wall Street analysts forecast ACT's earnings for 2025 to be $630,742,227, with the lowest ACT earnings forecast at $615,012,995, and the highest ACT earnings forecast at $646,471,460.

In 2026, ACT is forecast to generate $671,638,232 in earnings, with the lowest earnings forecast at $671,638,232 and the highest earnings forecast at $671,638,232.

What is ACT's revenue growth forecast for 2024-2026?

(NASDAQ: ACT) Enact Holdings's forecast annual revenue growth rate of 5.31% is not forecast to beat the US Insurance - Specialty industry's average forecast revenue growth rate of 8.04%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.87%.

Enact Holdings's revenue in 2024 is $1,164,323,000.On average, 1 Wall Street analysts forecast ACT's revenue for 2024 to be $193,936,719,188, with the lowest ACT revenue forecast at $193,936,719,188, and the highest ACT revenue forecast at $193,936,719,188. On average, 1 Wall Street analysts forecast ACT's revenue for 2025 to be $204,470,586,260, with the lowest ACT revenue forecast at $204,470,586,260, and the highest ACT revenue forecast at $204,470,586,260.

In 2026, ACT is forecast to generate $210,880,248,545 in revenue, with the lowest revenue forecast at $210,880,248,545 and the highest revenue forecast at $210,880,248,545.

What is ACT's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: ACT) forecast ROA is 10.65%, which is higher than the forecast US Insurance - Specialty industry average of 5.26%.

What is ACT's Price Target?

According to 3 Wall Street analysts that have issued a 1 year ACT price target, the average ACT price target is $33.67, with the highest ACT stock price forecast at $37.00 and the lowest ACT stock price forecast at $31.00.

On average, Wall Street analysts predict that Enact Holdings's share price could reach $33.67 by May 22, 2025. The average Enact Holdings stock price prediction forecasts a potential upside of 1.41% from the current ACT share price of $33.20.

What is ACT's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: ACT) Enact Holdings's current Earnings Per Share (EPS) is $4.07. On average, analysts forecast that ACT's EPS will be $4.02 for 2024, with the lowest EPS forecast at $3.89, and the highest EPS forecast at $4.14. On average, analysts forecast that ACT's EPS will be $4.01 for 2025, with the lowest EPS forecast at $3.91, and the highest EPS forecast at $4.11. In 2026, ACT's EPS is forecast to hit $4.27 (min: $4.27, max: $4.27).

What is ACT's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: ACT) forecast ROE is 14.25%, which is considered weak.
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