RALEIGH, N.C., Jan. 08, 2026 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its fourth quarter earnings release after the market closes on February 3, 2026. Enact will host a conference call to review fourth quarter 2025 financial results on February 4, 2026 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 ...

Did you buy or sell a home in 2025? There’s a lot to think about, especially for first-time buyers or sellers. And with so many changes to tax laws and other financial matters during the course of the year, you may want a refresher even if you’re not a first-timer. Read on for all kinds of considerations, no matter which side of the deal you were on in 2025. 2025 tax tips if you bought a home If you bought your first home during 2025 using a mortgage, you’re probably going to get a hand at tax time. Unl ...

Third Quarter 2025 Financial Results November 5, 2025 Cautionary Note Regarding Forward-Looking Statements Unless otherwise noted, all references in this presentation to net income (loss), net income (loss) per share, adjusted operating income (loss) and adjusted operating income (loss) per share should be read as net income (loss) income (loss) available to Enact's common stockholders per diluted share, respectively. 2 1 U.S. Generally Accepted Accounting Principles Third Quarter Key Takeaways Insurance in ...

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 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 Viewpoint - MGIC Investment Corporation received upgrades from Moody's Ratings, reflecting its strong performance and financial stability [1][2]. Group 1: Ratings Upgrade - Moody's upgraded MGIC's senior unsecured debt rating to Baa2 from Baa3 [1]. - The insurance financial strength rating of MGIC's principal operating subsidiary, Mortgage Guaranty Insurance Corporation, was upgraded to A2 from A3 [1]. - The outlook for both ratings is stable [1]. Group 2: Rationale for Upgrade - The upgrades were based on MGIC's consistent performance, good net capital generation, and robust profitability and capital adequacy [2]. Group 3: Company Positioning - The CEO of MGIC expressed satisfaction with the upgrades, highlighting the company's market leadership and disciplined approach [3]. - MGIC aims to continue executing its business strategies and creating long-term value for stakeholders [3].

Core Viewpoint - Enact Holdings, Inc. has received a credit rating upgrade from Moody's Investor Service, reflecting the company's strong performance and stability in the private mortgage insurance sector [1][2]. Company Overview - Enact Holdings, Inc. operates primarily through its subsidiary, Enact Mortgage Insurance Corporation, which has been in operation since 1981 and is a leading provider of private mortgage insurance in the U.S. [3]. - The company aims to assist more individuals in achieving homeownership by partnering with lenders to provide top-tier service, underwriting expertise, and risk management [3]. Rating Upgrade Details - Moody's upgraded the insurance financial strength rating of Enact Mortgage Insurance Corporation from A3 to A2 and the long-term issuer rating and senior unsecured debt rating of Enact Holdings, Inc. from Baa3 to Baa2, with a stable outlook for these ratings [1]. - This marks the fourth upgrade from Moody's since Enact's IPO in 2021, indicating consistent execution and strong results [2].

Financial Data and Key Metrics Changes - In Q2 2025, total revenue reached a record $173.8 million, with adjusted net income of $96.5 million or $1.22 per diluted share, and an adjusted return on equity of 16.3% [8][12] - The company generated $12.5 billion of new insurance written (NIW) and ended the period with a record $214.7 billion of primary insurance in force, reflecting a 2% increase from Q1 and a 5% increase year-over-year [5][12] - The expense ratio was a record low of 19.8%, indicating significant operating leverage and efficiency in managing costs [14] Business Line Data and Key Metrics Changes - Net premiums earned in Q2 were $149.1 million, slightly down from $149.4 million in Q1 but up from $141.2 million in Q2 2024 [13] - The core yield increased to 34.2 basis points from 34.1 basis points in the previous quarter, while the net yield for the quarter was 28 basis points [13] Market Data and Key Metrics Changes - The twelve-month persistency rate was 84.1%, slightly down from 84.3% in Q1 [12] - The company reported 6,709 defaults at the end of Q2, down from 6,859 at the end of Q1, with a default rate of 1% [14] Company Strategy and Development Direction - The company aims to continue serving customers and their borrowers, investing in employee success, and driving growth in its high-quality insured portfolio [11][16] - The management emphasized a proactive approach to pricing, risk selection, and reinsurance, maintaining discipline in capital return strategies [10][21] Management's Comments on Operating Environment and Future Outlook - The macro environment remains resilient despite elevated interest rates, with strong demand for down payment support from lenders and borrowers [9][10] - Management expressed confidence in the company's ability to navigate market changes and maintain strong credit performance, citing a favorable economic backdrop [28][42] Other Important Information - The company was recognized as a great place to work for the tenth consecutive year, highlighting the importance of team quality and workplace culture as competitive advantages [6][7] - The company has repurchased $23.2 million of common stock in Q2, with a total of $294 million repurchased to date [15] Q&A Session Summary Question: Capital return pacing in light of economic resilience - Management indicated a consistent approach to capital return, with an expectation of approximately $25 million per quarter, while remaining flexible to adjust based on market conditions [19][21] Question: Impact of rising home supply and pricing on underwriting - Management noted that while there are regional differences in the housing market, the overall economic growth and job market remain strong, allowing for proactive management of underwriting and risk [25][28] Question: Competitive environment and pricing relative to peers - Management described the industry pricing as balanced and constructive, with strong unit economics on new business [36] Question: Default trends and recovery drivers - Management highlighted the favorable credit performance of the portfolio, with borrowers benefiting from a strong labor market and embedded equity, aiding in recovery from defaults [41][42] Question: Regulatory impacts from FHFA proposals - Management stated that proposed changes to equitable housing programs are not expected to have a significant impact on the business or market [48][49]