Core Insights - The article discusses reliable dividend stocks, emphasizing that companies with consistent dividend growth are often financially stable and less volatile than the broader market [1][2] - The S&P 500 Dividend Aristocrats Index has returned 10.68% annually since 2005, outperforming the S&P 500's 10.05% return, while also exhibiting lower volatility [2] - Companies with high dividend yields may face greater risks during downturns, whereas dividend growth stocks have shown resilience and higher yields on cost over time [3] Dividend Growth Stocks - The article identifies several top dividend growth stocks, highlighting their average annual dividend growth rates over the past five years [4][6] Levi Strauss & Co. (NYSE:LEVI) - Levi Strauss has achieved a 5-year dividend growth rate of 11.32% and is a leader in the denim market [8][9] - BTIG initiated coverage with a Buy rating and a price target of $27, citing strong brand performance and gross profit margins of 61.38% [10] - The company distributed $151 million to investors, a 118% increase year-over-year, with a quarterly dividend of $0.14 per share and a yield of 2.77% [12] Essent Group Ltd. (NYSE:ESNT) - Essent Group has a 5-year dividend growth rate of 13.94% and plays a crucial role in the US housing finance system [13][16] - Keefe Bruyette raised the price target from $67 to $71 while maintaining a Market Perform rating [14] - The company has consistently raised dividends for five years, with a quarterly payout of $0.31 per share and a yield of 2.04% [16] Patrick Industries, Inc. (NASDAQ:PATK) - Patrick Industries boasts a 5-year dividend growth rate of 19.14% and supplies components for various industries [17][19] - Truist raised the price target from $105 to $114 while maintaining a Buy rating [18] - The company returned $55 million to shareholders in FY24, with quarterly dividends increasing from $0.25 to $0.40 per share, yielding 1.59% [19]

Core Insights - Enact Holdings, Inc. has secured approximately $170 million in excess of loss reinsurance coverage from a panel of third-party reinsurance providers, effective January 1, 2027, for new insurance written in the 2027 book year [1] - The reinsurance coverage is part of the company's credit risk transfer strategy, which aims to manage risk effectively while delivering value to stakeholders [2] - Enact operates primarily through its subsidiary, Enact Mortgage Insurance Corporation, and is committed to supporting homeownership in the U.S. through private mortgage insurance [3] Company Overview - Enact Holdings, Inc. is a leading provider of private mortgage insurance in the U.S., operating since 1981 [3] - The company focuses on partnering with lenders to provide superior service, underwriting expertise, and risk management [3] - Enact is headquartered in Raleigh, North Carolina, and aims to positively impact communities by helping more people achieve homeownership [3]

Core Insights - MGIC Investment Corporation reported a net income of $191.1 million or $0.83 per diluted share for the third quarter of 2025, reflecting a slight decrease from $192.5 million in the previous quarter [1][2] - The adjusted net operating income for the same period was $190.8 million, also at $0.83 per diluted share, indicating a stable performance compared to $194.0 million in Q2 2025 [1][2] - The company emphasized the strength of its business model and effective risk management strategies, aiming for sustainable long-term value for shareholders [2] Financial Metrics - Net income for Q3 2025 was $191.1 million, down from $192.5 million in Q2 2025 [2] - Adjusted net operating income was $190.8 million, compared to $194.0 million in Q2 2025 [2] - New insurance written (NIW) increased to $16.5 billion from $16.4 billion in the previous quarter [2] - Net premiums earned were $241.8 million, a decrease from $244.3 million in Q2 2025 [2] - The annual persistency rate improved to 85.0% from 84.7% in Q2 2025 [2] Loss and Delinquency Statistics - Losses incurred, net, were reported at $10.9 million, a significant increase from a net gain of $2.8 million in Q2 2025 [2] - The primary delinquency inventory rose to 25,747 from 24,444 in the previous quarter, with a delinquency rate of 2.32% compared to 2.21% [2][20] - The loss ratio for the quarter was 4.5%, up from a negative 1.2% in Q2 2025 [2] Capital and Liquidity - As of September 30, 2025, the PMIERs available were $5.9 billion, an increase from $5.7 billion in June 2025 [2] - The company repurchased 7.0 million shares for $187.9 million and declared a dividend of $0.15 per common share [14] - The tangible book value per share increased to $23.58 from $22.99 in the previous quarter [2] Insurance Portfolio - The total primary insurance in force reached $300.8 billion, up from $297.0 billion in Q2 2025 [2][18] - The average loan size of insurance in force was $270.6 thousand, compared to $268.2 thousand in the previous quarter [18] - The company reported a total of 1,111,855 loans in force, an increase from 1,107,526 in Q2 2025 [18]

Core Insights - MGIC Investment Corporation has elected Martin P. Klein and Daniela A. O'Leary-Gill to its Board of Directors, enhancing its governance and strategic oversight [1][2][3] Group 1: Board Appointments - Martin P. Klein will serve on the Risk Management and Securities Investment Committees, while Daniela A. O'Leary-Gill will be part of the Audit and Business Transformation and Technology Committees [1] - Klein has extensive experience, having served as Executive Vice President and CFO at Athene Holdings and Genworth Financial, and currently holds a position at Apollo Global Management [2] - O'Leary-Gill has over 25 years of leadership experience in finance and strategy, previously serving as COO for BMO U.S. and on the Board of Discover Financial Services [3] Group 2: Company Overview - MGIC Investment Corporation, through its subsidiary MGIC, provides private mortgage insurance to facilitate affordable low-down-payment mortgages, aiding families in achieving homeownership [3]

Core Points - NMI Holdings, Inc. will report its third quarter results for the period ending September 30, 2025, after market close on November 4, 2025 [1] - A conference call and live webcast will be held on the same day at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time [2] - The webcast will be accessible on the company's website, and a replay along with the earnings press release and supplemental information will also be available [2] Company Overview - NMI Holdings, Inc. is the parent company of National Mortgage Insurance Corporation, a private mortgage insurance company in the U.S. [3] - The company enables low-down-payment borrowers to achieve home ownership while providing protection to lenders and investors against losses from borrower defaults [3]

Core Viewpoint - Enact Holdings, Inc. is set to release its third quarter earnings on November 5, 2025, followed by a conference call on November 6, 2025, to discuss the financial results [1]. Company Overview - Enact Holdings, Inc. operates primarily through its subsidiary, Enact Mortgage Insurance Corporation, and has been a key player in the U.S. private mortgage insurance sector since 1981 [4]. - The company aims to assist individuals in achieving homeownership by partnering with lenders to provide superior service, underwriting expertise, and risk management [4]. - Enact is headquartered in Raleigh, North Carolina, and focuses on positively impacting communities through its services [4]. Conference Call Details - Participants interested in the live Q&A session must pre-register to obtain a dial-in number and unique PIN, with a recommendation to join at least 15 minutes early [2]. - A live webcast of the conference call will be available on the company's website, and the event will be archived for one year [3].

Core Insights - Three stocks are highlighted with a buy rank and strong income characteristics for investors to consider on October 7th [1] Group 1: MGIC Investment Corporation (MTG) - MGIC Investment Corporation is a mortgage insurance company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 10.1% over the last 60 days [1] - The company offers a dividend yield of 3.2%, significantly higher than the industry average of 0.0% [1] Group 2: Phibro Animal Health Corporation (PAHC) - Phibro Animal Health Corporation operates in animal health and mineral nutrition with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has risen by 10% over the last 60 days [2] - The company has a dividend yield of 1.3%, compared to the industry average of 0.0% [2] Group 3: International Consolidated Airlines Group S.A. (ICAGY) - International Consolidated Airlines Group S.A. provides passenger and cargo transportation services and holds a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 11.8% over the last 60 days [3] - The company has a dividend yield of 1.1%, which is lower than the industry average of 2.8% [3]

Core Points - Enact Holdings, Inc. has announced a new $435 million five-year senior unsecured revolving credit facility, effective September 30, 2025, replacing the previous $200 million facility [1][2] - The new credit facility enhances borrowing capacity and extends the maturity profile, providing greater financial flexibility and liquidity for operations [2] - Borrowings will accrue interest at a floating rate tied to a short-term borrowing index plus a margin currently set at 125 basis points [2] - The facility was arranged with a syndicate of eight banks, with JPMorgan Chase Bank, N.A. as the Administrative Agent and Joint Lead Arranger [3] Company Overview - Enact Holdings, Inc. operates primarily through its subsidiary, Enact Mortgage Insurance Corporation, and is a leading private mortgage insurance provider in the U.S. [5] - The company aims to help more individuals achieve homeownership by partnering with lenders to provide service, underwriting expertise, and risk management [5] - Enact is headquartered in Raleigh, North Carolina, and has been in operation since 1981 [5]

Core Viewpoint - AM Best has revised the outlooks for Enact Holdings, Inc. and its subsidiaries to positive from stable, affirming their Financial Strength Rating (FSR) of A- (Excellent) and Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-" (Excellent) [1] Group 1 - The outlook revision indicates improved financial stability and performance expectations for Enact Holdings, Inc. and its subsidiaries [1] - The affirmed ratings reflect the strong operational performance and risk management practices of Enact Mortgage Insurance Corporation and its North Carolina subsidiary [1]

Core Insights - Gary Gordon has extensive experience as a stock analyst in the housing, mortgage, and consumer finance industries, primarily at PaineWebber and UBS [1] - He is now retired and serves as an adjunct professor teaching economics and math, including financial literacy seminars [1] Company and Industry Summary - Gordon's career included roles as a U.S. investment strategist and portfolio manager, indicating a strong background in investment analysis [1] - His educational contributions extend to teaching in prisons, highlighting a commitment to financial education and literacy [1] - Gordon holds degrees in philosophy and finance, which may influence his analytical approach in the finance sector [1]