Enact Holdings, Inc. · NASDAQ (us_market)
Financial Services · Insurance - Specialty · United States
Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company engages in writing and assuming residential mortgage guaranty insurance. It also offers private mortgage insurance products insuring prime-based, individually underwritten residential mortgage loans; pool mortgage insurance; contract underwriting services; and mortgage-related reinsurance products. The company serves large money center banks, non-bank lenders, national and local mortgage bankers, community banks, and credit unions. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc. is a subsidiary of Genworth Holdings Inc.
| Event Period | Drawdown | Buy Point (Bottom) | Sell Point (Peak) | ticker.setupCols.buyScore | ticker.setupCols.sellScore | Max Return | Algo Return |
|---|---|---|---|---|---|---|---|
DROP2022-11-02$26.09 RISE2023-03-13$21.61 PEAK2023-06-07$26.16 217d | -17.2% 131d | Missed | Missed | — | — | +21.1% 86d | Missed |
DROP2022-08-17$27.66 RISE2022-09-27$21.94 PEAK2022-11-02$26.09 77d | -20.7% 41d | Missed | Missed | — | — | +18.9% 36d | Missed |
DROP2022-06-03$24.98 RISE2022-06-22$20.92 PEAK2022-08-17$27.66 75d | -16.3% 19d | Missed | Missed | — | — | +32.2% 56d | Missed |
DROP2021-11-04$23.52 RISE2022-03-07$19.50 PEAK2022-04-20$24.70 167d | -17.1% 123d | Missed | Missed | — | — | +26.7% 44d | Missed |
DROP2021-11-04$23.52 RISE2021-12-17$19.30 PEAK2022-02-10$22.66 98d | -17.9% 43d | Missed | Missed | — | — | +17.4% 55d | Missed |
MTG benefits from strong mortgage insurance growth, rising insurance in force and improving capital strength despite housing risks.
Enact Holdings’ first quarter results reflected steady execution despite ongoing volatility in mortgage rates. Management pointed to healthy credit trends, disciplined risk selection, and the company’s Rate360 pricing engine as core drivers. CEO Rohit Gupta highlighted, “Our dynamic risk-adjusted pricing engine, Rate360, is enabling us to prudently target the right risk for the right price at a granular level with changing market conditions.” The quarter also saw persistency remain elevated and
Enact Holdings’ first quarter results reflected steady execution despite ongoing volatility in mortgage rates. Management pointed to healthy credit trends, disciplined risk selection, and the company’s Rate360 pricing engine as core drivers. CEO Rohit Gupta highlighted, “Our dynamic risk-adjusted pricing engine, Rate360, is enabling us to prudently target the right risk for the right price at a granular level with changing market conditions.” The quarter also saw persistency remain elevated and
In the first quarter of 2026, Enact Holdings, Inc. reported revenue of US$312.07 million and net income of US$167.77 million, alongside basic and diluted earnings per share from continuing operations of US$1.18, all modestly higher than a year earlier. On the same day, Enact also announced a quarterly dividend of US$0.24 per share payable on June 18, 2026, reinforcing its emphasis on cash returns to shareholders alongside steady earnings. Next, we’ll examine how Enact’s higher quarterly...
In the first quarter of 2026, Enact Holdings, Inc. reported revenue of US$312.07 million and net income of US$167.77 million, alongside basic and diluted earnings per share from continuing operations of US$1.18, all modestly higher than a year earlier. On the same day, Enact also announced a quarterly dividend of US$0.24 per share payable on June 18, 2026, reinforcing its emphasis on cash returns to shareholders alongside steady earnings. Next, we’ll examine how Enact’s higher quarterly...
Enact Holdings has maintained strong total returns versus peers and the broader market despite low home sale activity. Read more on ACT stock here.
Rohit will provide an overview of our business performance and progress against our strategy. Dean will then discuss the details of our quarterly results before turning the call back to Rohit for closing remarks. Additionally, they are subject to risks and uncertainties, which may cause actual results to be materially different, and we undertake no obligation to update or revise such statements as a result of new information.
Rohit will provide an overview of our business performance and progress against our strategy. Dean will then discuss the details of our quarterly results before turning the call back to Rohit for closing remarks. Additionally, they are subject to risks and uncertainties, which may cause actual results to be materially different, and we undertake no obligation to update or revise such statements as a result of new information.
Moby summary of Enact Holdings, Inc.'s Q1 2026 earnings call
Moby summary of Enact Holdings, Inc.'s Q1 2026 earnings call
Presentation Operator MessageOperator Hello, and welcome to Enact's First Quarter Earnings Call. Please be advised that today's call -- conference call is being recorded. I would now like to hand
Enact Holdings (ACT) delivered earnings and revenue surprises of -3.59% and +1.80%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Enact Holdings (ACT) delivered earnings and revenue surprises of -3.59% and +1.80%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Enact Holdings beat Q1 earnings estimates, boosting dividends 14% and repurchasing $93M in shares. Strong capital returns offset muted market reaction amid mortgage rate concerns.
Mortgage insurance provider Enact Holdings (NASDAQ:ACT) missed Wall Street’s revenue expectations in Q1 CY2026, with sales flat year on year at $312.1 million. Its non-GAAP profit of $1.21 per share was 1.2% above analysts’ consensus estimates.
Mortgage insurance provider Enact Holdings (NASDAQ:ACT) missed Wall Street’s revenue expectations in Q1 CY2026, with sales flat year on year at $312.1 million. Its non-GAAP profit of $1.21 per share was 1.2% above analysts’ consensus estimates.
GAAP Net Income of $168 million, or $1.18 per diluted shareAdjusted Operating Income of $172 million, or $1.21 per diluted shareReturn on Equity of 12.5% and Adjusted Operating Return on Equity of 12.9%Primary Insurance in-force of $272 billion, a 2% year-over-year increasePMIERs Sufficiency of 162% or approximately $1.9 billionBook Value Per Share of $38.09 and Book Value Per Share excluding AOCI of $38.68 RALEIGH, N.C., May 05, 2026 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) today
| 30d | 90d | YTD | 1y | |
|---|---|---|---|---|
| ACT | -1.90% | -1.53% | +5.42% | +18.05% |
| XLF | -0.65% | +0.55% | -5.82% | +1.22% |
| Alpha (stock − sector) | -1.25% | -2.08% | +11.25% | +16.83% |
| Fund | Style | Shares | Value | % of Port | Change vs. last quarter | Period |
|---|---|---|---|---|---|---|
| StateStreet | passive | 1.21M | $49.22M | 0.00% | Added+6.2% | 2026-03-31 |
| TwoSigma | quant | 504.5K | $20.59M | 0.02% | Added+37.1% | 2026-03-31 |
| DEShaw | quant | 79.0K | $3.22M | 0.00% | Added+311.3% | 2026-03-31 |
| RenTech | quant | 11.2K | $457.07K | 0.00% | Trimmed-71.7% | 2026-03-31 |
| FidelityFMR | fundamental | 5.8K | $236.61K | 0.00% | Added+33.5% | 2026-03-31 |
| TRowePrice | fundamental | 28.6K | $1.17K | 0.00% | Added+32.9% | 2026-03-31 |
| Filed | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 2026-05-15 | RESTREPO ROBERT P JR | Director | A Grant / award(deriv) | 3,940 | — | +$0 |
| 2026-05-15 | BLESS MICHAEL A | Director | A Grant / award(deriv) | 3,940 | — | +$0 |
| 2026-05-15 | FISK JOHN D | Director | A Grant / award(deriv) | 3,940 | — | +$0 |
| 2026-05-15 | Addesso Dominic James | Chairperson of the Board | A Grant / award(deriv) | 6,721 | — | +$0 |
| 2026-05-15 | STILL DEBRA | Director | A Grant / award(deriv) | 3,940 | — | +$0 |
| 2026-05-15 | THOMPSON WESTLEY V | Director | A Grant / award(deriv) | 3,940 | — | +$0 |
| 2026-05-15 | Hooda Sheila | Director | A Grant / award(deriv) | 3,940 | — | +$0 |
| 2026-05-15 | Mitchell H Elizabeth | Director | A Grant / award(deriv) | 3,940 | — | +$0 |
| 2026-05-01 | Genworth Holdings, Inc. | 10% Owner | S Open-market sale | 560,453 | $42.55 | −$23.85M |
| 2026-04-03 | McMullen James | Controller | M Option exercise(deriv) | 594 | — | +$0 |
| 2026-04-03 | McMullen James | Controller | F Tax withholding | 169 | $40.57 | −$6.9K |
| 2026-04-03 | McMullen James | Controller | M Option exercise | 594 | — | — |
| 2026-04-01 | Genworth Holdings, Inc. | 10% Owner | S Open-market sale | 820,567 | $40.92 | −$33.58M |
| 2026-03-23 | BLESS MICHAEL A | Director | A Grant / award(deriv) | 139 | — | +$0 |
| 2026-03-23 | Mitchell H Elizabeth | Director | A Grant / award(deriv) | 30 | — | +$0 |
| 2026-03-23 | THOMPSON WESTLEY V | Director | A Grant / award(deriv) | 162 | — | +$0 |
| 2026-03-23 | Addesso Dominic James | Chairperson of the Board | A Grant / award(deriv) | 281 | — | +$0 |
| 2026-03-23 | Stolove Evan | EVP, Gen. Counsel & Secretary | A Grant / award(deriv) | 26 | — | +$0 |
| 2026-03-23 | Stolove Evan | EVP, Gen. Counsel & Secretary | A Grant / award(deriv) | 21 | — | +$0 |
| 2026-03-23 | Stolove Evan | EVP, Gen. Counsel & Secretary | A Grant / award(deriv) | 13 | — | +$0 |
| 2026-03-23 | Derstine Michael | EVP and Chief Risk Officer | A Grant / award(deriv) | 36 | — | +$0 |
| 2026-03-23 | Derstine Michael | EVP and Chief Risk Officer | A Grant / award(deriv) | 21 | — | +$0 |
| 2026-03-23 | Derstine Michael | EVP and Chief Risk Officer | A Grant / award(deriv) | 13 | — | +$0 |
| 2026-03-23 | STILL DEBRA | Director | A Grant / award(deriv) | 162 | — | +$0 |
| 2026-03-23 | RESTREPO ROBERT P JR | Director | A Grant / award(deriv) | 162 | — | +$0 |
| Report Date | EPS Estimate | EPS Actual | Surprise |
|---|---|---|---|
| 2026-07-29upcoming | 1.19 | — | — |
| 2026-05-05 | 1.20 | 1.21 | +1.16% |
| 2026-02-03 | 1.10 | 1.23 | +11.97% |
| 2025-11-05 | 1.11 | 1.12 | +0.88% |
| 2025-07-30 | 1.11 | 1.15 | +3.87% |
| 2025-04-30 | 1.09 | 1.10 | +0.93% |
| 2025-02-04 | 1.08 | 1.09 | +0.71% |
| 2024-11-06 | 1.09 | 1.16 | +6.76% |
| 2024-07-31 | 1.03 | 1.27 | +23.06% |
| 2024-05-01 | 0.97 | 1.04 | +6.76% |
| 2024-02-06 | 0.95 | 0.98 | +3.67% |
| 2023-11-01 | 0.90 | 1.02 | +12.92% |
| 2023-08-01 | 0.86 | 1.10 | +28.65% |
| 2023-05-03 | 0.83 | 1.08 | +30.12% |
| 2023-02-06 | 0.83 | 0.90 | +8.10% |
| 2022-11-01 | 0.87 | 1.17 | +34.41% |