Enact Holdings Inc (ACT)

Enact Holdings, Inc. experienced several stock-related events in the past six months. The company reported its Q2 and Q3 2025 earnings, with Q3 adjusted operating income at $1.12 per diluted share. Enact returned capital to shareholders through share repurchases and dividends, increasing its expected capital returns to approximately $500 million for the year. Analysts raised their price target for Enact Holdings, citing stronger revenue growth projections. Enact Holdings announced reinsurance agreements to share risk for policies written in 2027. As of November 25, 2025, the share price was $39.10, representing an increase of 10.92% over the past year.

Enact Holdings, Inc.'s business is subject to seasonality, particularly in the purchase origination market. The demand for private mortgage insurance is influenced by broader housing market trends, including mortgage rates and home prices. Persistent demographic demand from millennials and Gen Z homebuyers, coupled with a supply-demand imbalance, is expected to support steady mortgage originations.

Enact Holdings, Inc. is a leading private mortgage insurance company operating through its subsidiary, Enact Mortgage Insurance Corporation. It protects lenders and investors against losses from nonpayment of residential real estate loans, facilitating the sale of mortgages to the secondary market. The company operates within the Financials sector, offering private mortgage insurance, contract underwriting services, and mortgage-related reinsurance products to a diverse client base of mortgage originators.

Enact Holdings, Inc. operates across the entire United States, serving all 50 states and the District of Columbia. The company is headquartered in Raleigh, North Carolina.

Enact Holdings maintains a positive brand reputation, evidenced by its recognition as one of the "best places to work by Triangle Business Journal" for the third consecutive year as of July 2025. The company emphasizes its commitment to helping people achieve homeownership and its reputation for strong underwriting, risk management, and customer service. Its 2024 Sustainability Report is available, indicating a focus on corporate responsibility.

Enact Holdings, Inc. has significant institutional ownership, including major holders like BlackRock, Inc., Vanguard Group Inc, and Dimensional Fund Advisors Lp. Genworth Financial, Inc. is a top institutional holder, owning 81.03% of the company.