-0.65%
4.20%
-1.03%
-0.85%
18.43%
54.20%
64.66%
AI Spotlight on ACT
Company Description
Enact Holdings, Inc.operates as a private mortgage insurance company in the United States.The company is involved in writing and assuming residential mortgage guaranty insurance.
It offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and contract underwriting services for mortgage lenders.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.
Market Data
| Last Price | 33.74 |
| Change Percentage | -0.65% |
| Open | 33.88 |
| Previous Close | 33.96 |
| Market Cap ( Millions) | 5182 |
| Volume | 222933 |
| Year High | 37.42 |
| Year Low | 26.13 |
| M A 50 | 33.52 |
| M A 200 | 33.15 |
Financial Ratios
| FCF Yield | 13.70% |
| Dividend Yield | 2.12% |
| ROE | 14.22% |
| Debt / Equity | 14.75% |
| Net Debt / EBIDTA | 0.00% |
| Price To Book | 1.04 |
| Price Earnings Ratio | 7.69 |
| Price To FCF | 7.3 |
| Price To sales | 4.33 |
| EV / EBITDA | 0 |
News
- Jan -30 - INTEGRA HIGHLIGHTS IDAHO'S SPEED ACT TO SUPPORT PERMITTING EFFICIENCY, NEW FEDERAL INITIATIVES, AND REITERATES COMMITMENT TO ADVANCING PERMITTING AT DELAMAR
- Jan -27 - Enact Mortgage Insurance Enters into Two Forward XOL Reinsurance Transactions as Part of its Diversified Credit Risk Transfer Program
- Jan -21 - Enact Receives Ratings Upgrades from Fitch Ratings
- Jan -09 - Enact to Host Fourth Quarter 2024 Earnings Call February 5th
- Jan -09 - Aduro Clean Technologies to Host Virtual Fireside Chat on Thursday, January 23rd, 2025
- Dec -31 - The New Year May Not Be Kind To Radian Group
- Dec -24 - Here's Why Enact Holdings (ACT) is Poised for a Turnaround After Losing -8.06% in 4 Weeks
- Dec -11 - Aduro Clean Technologies Announces Second Partial Exercise of Over-Allotment Option
- Dec -11 - $500,000 ACT Grant Awarded to Fund Newport News Public Schools' New Teacher Institute Program
- Dec -03 - Aduro Clean Technologies Announces Partial Exercise of Over-Allotment Option
- Dec -03 - Enact Mortgage Insurance Enters into Two Quota Share Reinsurance Agreements
- Dec -02 - Aduro Clean Technologies Announces Voting Results for Election of Directors
- Nov -08 - Aduro Clean Technologies Announces Closing of US$4 Million Uplisting to Nasdaq
- Nov -08 - Enact Holdings, Inc. (ACT) Q3 2024 Earnings Call Transcript
- Nov -07 - Aduro Clean Technologies Announces Pricing of US$4 Million Uplisting to Nasdaq
- Nov -07 - Enact Holdings, Inc. (ACT) Q3 Earnings and Revenues Top Estimates
- Nov -06 - Enact Reports Third Quarter 2024 Results And Announces Quarterly Dividend
- Oct -10 - Strategist discusses ACT's raised $47 billion bid for 7-Eleven owner Seven & i
- Oct -08 - Enact to Host Third Quarter 2024 Earnings Call November 7th
- Sep -25 - Is Enact Holdings (ACT) Outperforming Other Finance Stocks This Year?
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Private Mortgage Insurance
Expected Growth : 5.0 %
What the company do ?
Private Mortgage Insurance (PMI) from Enact Holdings, Inc. helps borrowers with less than 20% down payment, protecting lenders from default, and allowing borrowers to qualify for mortgages with lower credit scores.
Why we expect these perspectives ?
Enact Holdings, Inc.'s Private Mortgage Insurance growth of 5.0% is driven by increasing demand for mortgage insurance, expansion into new markets, and strategic partnerships. Additionally, the company's focus on digital transformation, improved underwriting capabilities, and competitive pricing also contribute to its growth.
Enact Holdings, Inc. Products
| Product Range | What is it ? |
|---|---|
| Title Insurance | Enact Holdings, Inc. provides title insurance policies that protect homeowners and lenders from title defects and other issues that may arise during the homebuying process. |
| Settlement Services | Enact Holdings, Inc. offers settlement services that facilitate the homebuying process, including closing and escrow services, document preparation, and notary services. |
| Appraisal and Valuation Services | Enact Holdings, Inc. provides appraisal and valuation services that help lenders and investors determine the value of properties. |
| Default Services | Enact Holdings, Inc. offers default services that help lenders and servicers manage delinquent loans, including foreclosure, bankruptcy, and REO services. |
| Data and Analytics | Enact Holdings, Inc. provides data and analytics services that help lenders and investors make informed decisions, including property data, valuation models, and risk analytics. |
Enact Holdings, Inc.'s Porter Forces
Threat Of Substitutes
Enact Holdings, Inc. operates in a highly competitive industry, but the threat of substitutes is mitigated by the company's strong brand recognition and customer loyalty.
Bargaining Power Of Customers
Enact Holdings, Inc. has a large customer base, but the bargaining power of customers is high due to the availability of alternative products and services.
Bargaining Power Of Suppliers
Enact Holdings, Inc. has a diversified supplier base, which reduces the bargaining power of suppliers.
Threat Of New Entrants
The threat of new entrants is moderate due to the high barriers to entry in the industry, but Enact Holdings, Inc. must continue to innovate to stay ahead of potential competitors.
Intensity Of Rivalry
The intensity of rivalry in the industry is high due to the presence of several established players, and Enact Holdings, Inc. must focus on differentiating itself to maintain its market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 13.92% |
| Debt Cost | 6.74% |
| Equity Weight | 86.08% |
| Equity Cost | 6.74% |
| WACC | 6.74% |
| Leverage | 16.17% |
Enact Holdings, Inc. : Quality Control
Enact Holdings, Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| MTG | MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto … |
| RDN | Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. Its Mortgage segment offers credit-related insurance coverage primarily through private … |
| AIZ | Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company … |
| FNF | Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title … |
| NMIH | NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; and outsourced loan review services to mortgage loan originators. It serves … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Enact Holdings
A-Score
1-Year Total Return ->
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MGIC
A-Score
1-Year Total Return ->
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Fidelity National Financial
A-Score
1-Year Total Return ->
4
Radian Group
A-Score
1-Year Total Return ->
5
NMI Holdings
A-Score
1-Year Total Return ->
6
