ACT
Financial ServicesEnact Holdings, Inc. · Insurance - Specialty · $6B
What is Enact Holdings, Inc.?
Enact Holdings is a leading private mortgage insurance provider operating exclusively in the United States. Headquartered in Raleigh, North Carolina, the company helps lenders and borrowers navigate the residential mortgage market through risk protection products.
Enact generates revenue by writing private mortgage insurance on prime-based residential mortgage loans, protecting lenders against borrower default. When a homebuyer puts down less than twenty percent, lenders typically require this coverage. Enact also offers contract underwriting services, reviewing loan files on behalf of mortgage lenders. As a subsidiary of Genworth Holdings, it operates with a focused, single-market business model centered on U.S. residential credit risk.
Enact Holdings adopted its current name in May 2021 and is headquartered in Raleigh, North Carolina.
- Private mortgage insurance for residential loans
- Contract underwriting services for mortgage lenders
- Residential mortgage guaranty insurance products
- Risk management solutions for prime-based loan portfolios
Is ACT a Good Stock to Buy?
UQS Score rates ACT as Good overall, reflecting a balanced profile with notable strengths and one clear area of concern.
Enact's Quality and Risk pillars both register as Strong, suggesting the business generates reliable earnings relative to its risk exposure and maintains a sound financial foundation. The Valuation pillar is rated Attractive, meaning the stock does not appear expensive relative to its fundamentals.
The Growth pillar is rated Weak, indicating limited near-term expansion momentum — a meaningful consideration for investors seeking capital appreciation.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does ACT pay dividends?
Yes — Enact Holdings, Inc. pays a dividend.
Enact Holdings pays a regular dividend, which aligns with its position as a mature, cash-generating insurance business. For income-oriented investors, this cadence can be appealing. The company's Strong Quality and Risk ratings support its ability to sustain distributions over time. Check Enact's investor relations page for the most current dividend details.
When does ACT report earnings?
Enact Holdings reports earnings on a quarterly cadence, typical for U.S.-listed financial services companies.
The company's Strong Quality and Risk pillar ratings suggest consistent operational execution relative to sector peers. Growth, however, has been more subdued, reflecting the cyclical nature of the private mortgage insurance market.
For the most recent quarter's results and guidance, visit Enact Holdings' investor relations page directly.
ACT Price History
+144.7% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Enact Holdings, Inc.?
Based on Enact Holdings, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
ACT Long-term Outlook
Enact's fundamental outlook is shaped by its Strong Risk profile and Attractive Valuation, which together suggest a degree of downside protection. However, the Weak Growth pillar points to limited near-term revenue expansion, likely tied to broader housing market conditions. The Neutral Moat rating indicates competitive pressures remain a factor in the private mortgage insurance space.
Growth drivers
- Sustained demand for private mortgage insurance as homeownership rates remain elevated
- Potential expansion of contract underwriting services to additional lender clients
- Disciplined underwriting standards supporting long-term portfolio quality
Key risks
- Housing market downturns that reduce mortgage origination volumes
- Rising default rates that could pressure claims and profitability
- Competitive pricing dynamics among private mortgage insurers
ACT vs Peers
Enact operates in a concentrated private mortgage insurance market alongside a small group of specialized peers.
MGIC is one of the oldest and largest private mortgage insurers in the U.S., with a broad lender network built over decades.
Essent entered the market after the financial crisis and has grown rapidly with a technology-forward underwriting approach.
First American is a diversified title insurance and settlement services company, competing more broadly across the real estate transaction lifecycle.
Frequently Asked Questions
What does Enact Holdings do?
Enact Holdings provides private mortgage insurance on residential mortgage loans in the United States. When borrowers put down less than twenty percent on a home, lenders typically require this insurance to protect against default risk. Enact also offers contract underwriting services to mortgage lenders.
Does ACT pay dividends?
Yes, Enact Holdings pays a regular dividend. The company's mature, cash-generating business model in private mortgage insurance supports consistent distributions. For the current dividend amount and schedule, refer to Enact's investor relations page.
When does ACT report earnings?
Enact Holdings reports financial results on a quarterly basis, consistent with standard practice for U.S.-listed companies. For the exact dates of upcoming earnings releases, visit the company's investor relations page.
Is ACT a good stock to buy?
ACT carries a Good overall UQS Score, with Strong ratings in Quality and Risk and an Attractive Valuation. The main concern is a Weak Growth rating. Whether it fits your portfolio depends on your goals — see the full pillar breakdown on UQS Score for a complete picture.
Is ACT overvalued?
The UQS Valuation pillar for ACT is rated Attractive, suggesting the stock is not expensive relative to its fundamentals. This is a positive signal for value-conscious investors, though it should be considered alongside the Weak Growth profile.
How does ACT compare to its competitors?
Enact competes primarily with MGIC Investment Corporation and Essent Group in the private mortgage insurance space, and more broadly with diversified financial firms like First American Financial. Each competitor has a distinct scale, history, and strategic focus within residential real estate finance.
What is ACT's market cap bracket?
Enact Holdings is classified as a mid-cap company. This places it in a range that typically offers more stability than small-caps while retaining some growth optionality compared to large-cap peers in the financial services sector.
Who founded Enact Holdings?
The business traces its roots to 1981 as part of Genworth's mortgage insurance operations. The company rebranded as Enact Holdings in May 2021 following its separation. Founding leadership details are publicly available through the company's official history and filings.
Is ACT a long-term quality stock?
As a long-term quality indicator, ACT's Strong Quality and Risk pillar ratings are encouraging, pointing to financial discipline and resilience. The Weak Growth rating is worth monitoring over time. Pro members can access the complete UQS analysis to assess long-term fit.
What is the main competitive advantage of Enact Holdings?
Enact's Moat pillar is rated Neutral, reflecting a business with established lender relationships and underwriting expertise but operating in a competitive market with several well-resourced peers. Its Strong Risk rating suggests disciplined portfolio management as a key operational strength.
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Pro Analysis
ACT — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 60.1 | 90.9 | 42.0 | 15.9 | 63.6 | 94.4 | +0.1 |
| May 22, 2026 | 60.0 | 90.9 | 42.0 | 15.9 | 63.6 | 94.0 | -0.1 |
| May 21, 2026 | 60.1 | 90.9 | 42.0 | 15.9 | 63.6 | 94.1 | 0.0 |
| May 20, 2026 | 60.1 | 90.9 | 42.0 | 15.9 | 63.6 | 94.6 | 0.0 |
| May 17, 2026 | 60.1 | 90.9 | 42.0 | 15.9 | 63.6 | 94.3 | -0.1 |
| May 16, 2026 | 60.2 | 90.9 | 42.0 | 16.0 | 63.6 | 94.7 | 0.0 |
| May 14, 2026 | 60.2 | 90.9 | 42.0 | 16.0 | 63.6 | 94.6 | -0.1 |
| May 12, 2026 | 60.3 | 90.9 | 42.0 | 16.6 | 63.6 | 94.6 | -0.1 |
| May 11, 2026 | 60.4 | 90.9 | 42.0 | 17.3 | 63.6 | 94.1 | -5.9 |
| May 4, 2026 | 66.3 | 91.0 | 42.0 | 18.3 | 100.0 | 95.7 | +0.1 |
ACT — Pillar Breakdown
Quality
— 90.9/100 (25%)Enact Holdings, Inc. demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 15.9/100 (20%)Enact Holdings, Inc. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 63.6/100 (15%)Enact Holdings, Inc. maintains a reasonable risk profile with manageable debt levels.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 95.4/100 (15%)Enact Holdings, Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 42/100 (25%)Enact Holdings, Inc. possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for ACT.
Score Composition
Financial Data
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How is the ACT UQS Score Calculated?
The UQS (Unified Quality Score) for Enact Holdings, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Enact Holdings, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Enact Holdings, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.