Enact Holdings Inc ACT

Morningstar Rating
$36.26 +0.49 (1.37%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ACT is trading at a 826% premium.
Price
$35.62
Fair Value
$81.67
Uncertainty
High
1-Star Price
$23.43
5-Star Price
$88.54
Economic Moat
Djyj
Capital Allocation

News

Trading Information

Previous Close Price
$35.77
Day Range
$35.9336.33
52-Week Range
$26.1337.09
Bid/Ask
$35.98 / $36.51
Market Cap
$5.65 Bil
Volume/Avg
309,222 / 237,815

Key Statistics

Price/Earnings (Normalized)
8.44
Price/Sales
4.83
Dividend Yield (Trailing)
1.93%
Dividend Yield (Forward)
2.07%
Total Yield
4.13%

Company Profile

Enact Holdings Inc is a private mortgage insurance company serving the United States housing finance market. The principal mortgage insurance customers are originators of residential mortgage loans who determine which mortgage insurer or insurers they will use for the placement of mortgage insurance written on loans they originate. The company is engaged in the business of writing and assuming residential mortgage guaranty insurance.
Sector
Financial Services
Industry
Insurance - Specialty
Stock Style Box
Small Value
Total Number of Employees
465

Comparables

Valuation

Metric
ACT
NMIH
RDN
Price/Earnings (Normalized)
8.449.568.51
Price/Book Value
1.161.601.15
Price/Sales
4.835.474.20
Price/Cash Flow
8.107.0029.24
Price/Earnings
ACT
NMIH
RDN

Financial Strength

Metric
ACT
NMIH
RDN
Quick Ratio
Current Ratio
Interest Coverage
17.2612.478.94
Quick Ratio
No chart available

Profitability

Metric
ACT
NMIH
RDN
Return on Assets (Normalized)
11.21%12.21%8.08%
Return on Equity (Normalized)
14.99%18.65%14.25%
Return on Invested Capital (Normalized)
13.67%16.71%11.22%
Return on Assets
ACT
NMIH
RDN

Insurance - Specialty Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Fidelity National Financial Inc
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Ryan Specialty Holdings Inc Class A
RYAN
Pzmws$8.5 Bil
Essent Group Ltd
ESNT
Xsgm$6.7 Bil
First American Financial Corp
FAF
SxqmrhvwWrs$6.7 Bil
Axis Capital Holdings Ltd
AXS
Hjt$6.7 Bil
MGIC Investment Corp
MTG
DzkrrvypqLtgv$6.6 Bil
Beazley PLC
BZLYF
Lpvblk$6.3 Bil
Radian Group Inc
RDN
WnwbwktPgxdw$5.1 Bil
Assured Guaranty Ltd
AGO
QbxtjfmjjQdtg$4.2 Bil

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