分组1 - Enact Holdings, Inc. reported quarterly earnings of $0.98 per share, exceeding the Zacks Consensus Estimate of $0.90 per share, and showing an increase from $0.90 per share a year ago, representing an earnings surprise of 8.89% [1] - The company posted revenues of $296.19 million for the quarter ended December 2023, which was below the Zacks Consensus Estimate by 2.43%, but an increase from $276.84 million in the same quarter last year [1] - Over the last four quarters, Enact Holdings has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [1] 分组2 - The stock has underperformed the market, losing about 4% since the beginning of the year compared to the S&P 500's gain of 3.6% [2] - The current consensus EPS estimate for the upcoming quarter is $0.90 on revenues of $306.09 million, and for the current fiscal year, it is $3.65 on revenues of $1.26 billion [4] - The Zacks Industry Rank for Insurance - Multi line is in the top 42% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [5]

RALEIGH, N.C., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its flagship legal entity, Enact Mortgage Insurance Corporation, has secured approximately $255 million of additional excess of loss (XOL) reinsurance coverage. This credit risk transfer (CRT) transaction covers a portion of expected new insurance written for the 2024 book year (policies written from January 1, 2 ...

Enact Holdings, Inc. (ACT) is expected to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 6, 2024, might help the stock move higher if these key numbe ...

RALEIGH, N.C., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that S&P Global Ratings upgraded the long-term financial strength and issuer credit ratings for our flagship insurance subsidiary, Enact Mortgage Insurance Corporation, to A- from BBB+. S&P also announced they raised the long-term issuer credit rating on Enact Holdings Inc. to ‘BBB-' from ‘BB+'. The outlook for the rat ...

RALEIGH, N.C., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its fourth quarter earnings release after the market closes on February 6, 2024. Enact will host a conference call to review fourth quarter 2023 financial results on February 7, 2024 at 8:00 a.m. (ET). Enact’s earnings release, summary presentation and financial supplement will be available through the company's website, https://ir.enactmi.com/, at the time of their release to the public. Part ...

RALEIGH, N.C., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its flagship legal entity, Enact Mortgage Insurance Corporation, has entered into a quota share reinsurance agreement with a broad panel of highly rated reinsurers. Under the agreement, and subject to certain conditions, Enact will cede approximately 21% of a portion of expected new insurance written for the peri ...

Enact Holdings, Inc. (NASDAQ:ACT) Q3 2023 Earnings Conference Call November 2, 2023 8:00 AM ET Company Participants Daniel Kohl - VP, IR Rohit Gupta - President and CEO Dean Mitchell - EVP and CFO Conference Call Participants Bose George - KBW Mihir Bhatia - Bank of America Merrill Lynch Richard Shane - JPMorgan Eric Hagen - BTIG Geoffrey Dunn - Dowling Partners Operator Good day, and thank you for standing by. Welcome to the Q3 2023 Enact Earnings Conference Call. At this time all participants are in a lis ...

CONFIDENTIAL Third Quarter 2023 Financial Results ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-40399 Enact Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 46-1579166 (State or other jurisdicti ...

Enact Holdings, Inc. (NASDAQ:ACT) Q2 2023 Earnings Conference Call August 2, 2023 8:00 AM ET Company Participants Daniel Kohl - Vice President-Investor Relations Rohit Gupta - President and Chief Executive Officer Dean Mitchell - Executive Vice President and Chief Financial Officer Conference Call Participants Mihir Bhatia - Bank of America Merrill Lynch Richard Shane - JPMorgan Eric Hagen - BTIG Geoffrey Dunn - Dowling Partners Operator Good day and thank you for standing by. Welcome to the Q2 2023 Enact's ...