Enact Holdings Inc (ACT)

In the past six months, Enact Holdings experienced several stock-related events. In Q1 2026, the company reported adjusted operating earnings per share of $1.21, exceeding analyst estimates, and announced a 14% increase in its quarterly dividend to $0.24 per share, along with continued share repurchases. S&P Global Ratings revised its outlook on Enact Holdings to positive from stable, while affirming its 'A-' issuer credit and financial strength ratings. Fitch Ratings upgraded the Insurer Financial Strength rating for Enact Mortgage Insurance Corp. to A from A- and Enact's senior debt rating to BBB in April 2025.

Demand for Enact Holdings' products and services is influenced by seasonal dynamics in the housing market. New insurance written (NIW) can be affected by seasonal factors in the purchase origination market, and new delinquencies tend to follow expected seasonal trends. Persistency rate is influenced by mortgage rates, with elevated persistency observed when borrowers are locked into lower rates.

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States, providing credit protection to mortgage lenders and investors against losses from loan nonpayment. The company offers private mortgage insurance products, pool mortgage insurance, contract underwriting services, and mortgage-related reinsurance products, serving a diverse customer base including large banks, non-bank lenders, and credit unions. Enact Holdings is majority-owned by Genworth Financial, Inc.

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

Enact Holdings maintains a substantive franchise within the U.S. mortgage insurance sector, benefiting from strong customer relationships and service offerings. The company has a reputation for excellent customer service and is a partner of choice for over 1,800 lenders. Positive outlook revisions from S&P Global Ratings and upgrades from Fitch Ratings have enhanced its brand reputation.

Enact Holdings, Inc. has 242 institutional owners and shareholders, including BlackRock, Inc., Vanguard Group Inc, and Dimensional Fund Advisors Lp. Genworth Holdings Inc. is the largest individual shareholder, owning 113.37 million shares, representing 80.11% of the company.