Enact Holdings, Inc. (NASDAQ:ACT) Q4 2023 Earnings Conference Call February 7, 2024 8:00 AM ET Company Participants Daniel Kohl - VP, IR Rohit Gupta - President & CEO Dean Mitchell - EVP & CFO Conference Call Participants Richard Shane - JPMorgan Mihir Bhatia - Bank of America Merrill Lynch Geoffrey Dunn - Dowling Partners Jake Fuller - BTIG Arren Cyganovich - Citi Operator Hello, and welcome to Enact's Fourth Quarter Earnings Call. Please be advised that today's conference is being recorded. I would now li ...

Enact Holdings, Inc. (NASDAQ:ACT) Q4 2023 Earnings Conference Call February 7, 2024 8:00 AM ET Company Participants Daniel Kohl - VP, IR Rohit Gupta - President & CEO Dean Mitchell - EVP & CFO Conference Call Participants Richard Shane - JPMorgan Mihir Bhatia - Bank of America Merrill Lynch Geoffrey Dunn - Dowling Partners Jake Fuller - BTIG Arren Cyganovich - Citi Operator Hello, and welcome to Enact's Fourth Quarter Earnings Call. Please be advised that today's conference is being recorded. I would now li ...

Enact Holdings, Inc. (ACT) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.89%. A quarter ago, it was expected that this company would post earnings of $0.86 per share when it actually produced earnings of $1.02, delivering a surprise of 18.60%.Over the last four quarters, the compa ...

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 ...