individually underwritten residential mortgage loans
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Enact Holdings, Inc. (NASDAQ: ACT) Overview: Stability and Growth Prospects
Financial Modeling Prep· 2026-02-03 02:00
Core Viewpoint - Enact Holdings, Inc. is a private mortgage insurance company with a stable target price of $42.50, indicating steady analyst outlook despite a lower target from BTIG at $27, while recent upgrades suggest optimism about earnings prospects [2][3][6] Group 1: Company Overview - Enact Holdings, Inc. is based in Raleigh, North Carolina, providing insurance products for prime-based, individually underwritten residential mortgage loans and contract underwriting services [1] Group 2: Analyst Insights - The consensus target price for Enact Holdings has remained stable at $42.50 over the past year, reflecting a steady outlook from analysts [2][6] - Analysts from BTIG have set a lower price target of $27, indicating a potential divergence in expectations [2] - The recent upgrade to a Zacks Rank 2 (Buy) suggests growing optimism about Enact Holdings' earnings prospects [3][6] Group 3: Earnings Expectations - Enact Holdings is anticipated to surpass earnings estimates in its upcoming fourth-quarter report, with expectations for positive outcomes based on favorable factors [4][6] - Investors are preparing for potential positive outcomes as the earnings release approaches [4] Group 4: Upcoming Events - The upcoming earnings report and conference call on February 3 and 4, 2026, will provide insights into the company's performance and future outlook [5]