ACT Stock Recent News

Enact Holdings (ACT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Enact Holdings shareholders have seen a total return of 11.6% in the last six months, outperforming other mortgage insurers and the S&P. Industry analysts have upgraded Enact Holdings' select peers with positive outlooks for the mortgage insurance industry in 2024. Mortgage origination volumes are expected to remain low in 2024, with modest increases towards the end of the year and in 2025.

Enact Holdings is viewed as a relatively defensive position with well-managed risks and commitment to shareholder interests. Recommended as a "buy" for long-term investors. The capital allocation framework includes returning at least $250 million to shareholders this year through dividends and buybacks.

The PMI sector has risen to prominence, solidifying the bedrock upon which mortgage lending operates in the contemporary epoch of the American housing market. Enact Holdings is a leading presence in the American private mortgage insurance (PMI) market, specializing in residential mortgage guaranty insurance for prime-based, individual underwritten loans.

RALEIGH, N.C., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its fourth quarter earnings release after the market closes on February 6, 2023. Enact will host a conference call to review fourth quarter 2022 financial results on February 7, 2023 at 8:00 a.m. (ET).

RALEIGH, N.C., July 08, 2022 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced it will issue its second quarter earnings release after the market closes on August 1, 2022. Enact will host a conference call to review second quarter 2022 financial results on August 2, 2022 at 8:00 a.m. (ET).