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How to buy Enact Holdings stock
Learn how to easily invest in Enact Holdings stock.
Enact Holdings Inc is an insurance-specialty business based in the US. Enact Holdings shares (ACT) are listed on the NASDAQ and all prices are listed in US Dollars. Enact Holdings employs 503 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Enact Holdings
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – ACT – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Enact Holdings stock price (NASDAQ: ACT)Use our graph to track the performance of ACT stocks over time.
Enact Holdings shares at a glance
|Latest market close||$21.48|
|52-week range||$18.11 - $25.86|
|50-day moving average||$23.15|
|200-day moving average||$21.98|
|Wall St. target price||$26.33|
|Dividend yield||$0 (2.64%)|
|Earnings per share (TTM)||$3.60|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Enact Holdings stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Enact Holdings price performance over time
|1 week (2022-06-24)||0.85%|
|1 month (2022-06-01)||-10.72%|
|3 months (2022-04-01)||-3.63%|
|6 months (2021-12-31)||3.92%|
|1 year (2021-06-27)||N/A|
|2 years (2020-06-27)||N/A|
|3 years (2019-06-27)||N/A|
|5 years (2017-06-27)||N/A|
Is Enact Holdings stock undervalued or overvalued?
Valuing Enact Holdings stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Enact Holdings's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Enact Holdings's P/E ratio
Enact Holdings's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Enact Holdings shares trade at around 6x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
However, Enact Holdings's P/E ratio is best considered in relation to those of others within the insurance-specialty industry or those of similar companies.
Enact Holdings financials
|Revenue TTM||$1.1 billion|
|Operating margin TTM||72.79%|
|Gross profit TTM||$749 million|
|Return on assets TTM||8.7%|
|Return on equity TTM||14.68%|
|Market capitalisation||$3.4 billion|
TTM: trailing 12 months
Enact Holdings share dividends
Dividend payout ratio: 49.1% of net profits
Recently Enact Holdings has paid out, on average, around 49.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.64% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Enact Holdings shareholders could enjoy a 2.64% return on their shares, in the form of dividend payments. In Enact Holdings's case, that would currently equate to about $0 per share.
While Enact Holdings's payout ratio might seem fairly standard, it's worth remembering that Enact Holdings may be investing much of the rest of its net profits in future growth.
Enact Holdings's most recent dividend payout was on 25 May 2022. The latest dividend was paid out to all shareholders who bought their shares by 5 May 2022 (the "ex-dividend date").
Enact Holdings's dividend payout ratio is perhaps best considered in relation to those of similar companies.
- Sunrun (RUN.US): 0.00% (does not pay dividend)
- NRG Energy (NRG.US): 12.12%
- SunPower Corporation (SPWR.US): 0.00% (does not pay dividend)
Enact Holdings overview
Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company is involved in writing and assuming residential mortgage guaranty insurance. It offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and contract underwriting services for mortgage lenders. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021.
Enact Holdings in the news
7 Value Stocks to Buy for Rising Rates
Frequently asked questionsWhat percentage of Enact Holdings is owned by insiders or institutions?
Currently 81.706% of Enact Holdings shares are held by insiders and 18.973% by institutions. How many people work for Enact Holdings?
Latest data suggests 503 work at Enact Holdings. When does the fiscal year end for Enact Holdings?
Enact Holdings's fiscal year ends in December. Where is Enact Holdings based?
Enact Holdings's address is: 8325 Six Forks Road, Raleigh, NC, United States, 27615 What is Enact Holdings's ISIN number?
Enact Holdings's international securities identification number is: US29249E1091
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