Enact Holdings, Inc. (ACT) Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company engages in writing and assuming residential mortgage guaranty insurance. It also offers private mortgage insurance products insuring prime-based, individually underwritten residential mortgage loans; pool mortgage insurance; contract underwriting services; and mortgage-related reinsurance products. The company serves large money center banks, non-bank lenders, national and local mortgage bankers, community banks, and credit unions. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc. is a subsidiary of Genworth Holdings Inc.
Sector: Insurance Agents, Brokers & Service
Industry: Insurance - Specialty
Enact Holdings Inc. NASDAQ:ACT Financial Services · Insurance - Specialty
Mkt Cap $6.34B
Div Yield 1.94%
Prev close $46.43 -0.20%Open $46.34 -0.51%Now $46.10 VOL 6K $ Vol $272K RVOL 0.01x
Mkt Cap $6.34B
VOL 6K sh
$ Vol $272K
RVOL 0.01×
Div Yield 1.94%
Press Release ● Major ⚠ 4
Enact Reports Third Quarter 2026 Results; Announces $0.24 Quarterly Dividend
Enact reported 3Q26 GAAP net income of $159 million ($1.15 diluted EPS) and adjusted operating income of $164 million ($1.19), with ROE of 12.0% and adjusted operating ROE of 12.4%.
Credit metrics deteriorated: the loss ratio rose to 20% from 14% sequentially as losses hit $47 million, and NIW of $14 billion was down 7% QoQ on lower refinance activity, though primary IIF grew ~1% YoY to $275 billion.
The board declared a $0.24 quarterly dividend and Enact raised full-year 2026 capital return guidance to approximately $600 million; the company repurchased $118 million of stock in the quarter with ~$200 million left on the $500 million authorization.
AM Best upgraded the insurance subsidiaries to A and the holding company to bbb on stable outlook, while PMIERs sufficiency eased to 158% primarily due to the $200 million EMICO dividend to the holding company.
• 4d ago AI analysis › Press Release
ACT Government City and Environment Directorate Builds on Seven Years of Smart Lighting Success with Itron and Omexom
globenewswire.com • 6d ago Press Release
Genworth Financial Announces Leadership Transition
Genworth Financial (NYSE: GNW), the majority owner of Enact Holdings (Nasdaq: ACT), announced that CEO Thomas J. McInerney will retire as President & CEO and leave the board effective December 31, 2026.
CFO Jerome Upton, with the company since 1998, will become President and CEO on January 1, 2027, with Angela Simmons succeeding him as CFO.
The announcement concerns Genworth's corporate leadership, not Enact's management; the direct effect on ACT is limited, though investors may monitor the new CEO's posture toward Enact ownership and strategy.
• 10d ago AI analysis › Press Release
Enact to Host Third Quarter 2026 Earnings Call November 5th
Enact Holdings (Nasdaq: ACT) will issue its Q3 2026 earnings release after market close on November 4, 2026.
A conference call to review results is scheduled for November 5, 2026 at 8:00 a.m. ET, with Q&A access via pre-registration and a live webcast on the company's investor relations site.
This is a scheduling notice only; no financial results are contained in the release.
• 1mo ago AI analysis › Press Release
Genworth Financial Schedules Earnings Conference Call for November 5
Genworth Financial (GNW) announced it will issue third quarter 2026 results after market close on November 4, with a conference call November 5 at 10:00 a.m. ET.
Enact Holdings (ACT), Genworth's majority-owned mortgage insurance subsidiary, will hold its own Q3 call the same day at 8:00 a.m. ET, with pre-registration required for the Q&A session.
This is a scheduling notice only; no financial results or guidance are included.
• 1mo ago AI analysis › Press Release
Enact Mortgage Insurance Enters Into a Forward Quota Share Reinsurance Transaction as Part of its Diversified Credit Risk Transfer Program
Enact Holdings (Nasdaq: ACT) announced that Enact Mortgage Insurance Corporation entered into a forward quota share reinsurance agreement with a panel of reinsurers rated 'A-' or better (S&P/A.M. Best) or 'A3' or better (Moody's).
Under the agreement, Enact will cede approximately 35% of a portion of expected new insurance written for calendar year 2028, subject to certain conditions.
The deal is part of Enact's diversified credit risk transfer (CRT) program, which management framed as strengthening portfolio resilience while supporting long-term shareholder value.
• 1mo ago AI analysis › Press Release
Enact Receives Ratings Upgrade from AM Best
AM Best upgraded the insurance financial strength rating of Enact's flagship subsidiary Enact Mortgage Insurance Corporation and its operating subsidiary Enact Mortgage Insurance Corporation of North Carolina to A from A-.
AM Best also raised Enact Holdings' long-term issuer rating to bbb from bbb-, with a stable outlook on all ratings.
This is Enact's first upgrade from AM Best since the agency initiated coverage in 2023, which CEO Rohit Gupta attributed to consistent execution and strong performance.
• 1mo ago AI analysis › Press Release
AM Best Upgrades Credit Ratings of Enact Holdings, Inc. and Certain Operating Subsidiaries
businesswire.com • 1mo ago Press Release ⚠ 3
Genworth Issues Statement on Court of Appeal Ruling Against AXA in UK Payment Protection Insurance Case
Genworth Financial, the majority owner of filer Enact Holdings (ACT), said the UK Court of Appeal ruled against AXA in the payment protection insurance case, setting aside the trial judgment that had favored AXA and finding Santander not liable for the vast majority of AXA's losses.
The disputed policies were underwritten by two companies AXA acquired from Genworth in 2015 and were sold by a company Santander bought in 2009.
Genworth CEO Tom McInerney said the company is disappointed, is evaluating next steps including possible further appeals, and has not factored any recoveries from the case into its capital allocation plans.
The statement was issued by parent Genworth (GNW); Enact, the filer, is named only in boilerplate and no direct financial impact on ACT's mortgage insurance business is disclosed.
• 1mo ago AI analysis › Press Release ● Major ⚠ 1
Enact Reports Second Quarter 2026 Results; Announces $0.24 Quarterly Dividend
Enact reported Q2 2026 net income of $175 million, or $1.25 per share, with adjusted operating income reaching $177 million and an annualized ROE of 13.0%.
The company raised its full-year capital return guidance to a range of $550 million to $600 million, supported by $93 million in share repurchases during the quarter and the declaration of a $0.24 quarterly dividend.
New insurance written surged 15% year-over-year to $15 billion, while primary insurance in-force grew 2% to $274 billion, though the loss ratio ticked up to 14% from 10% in the prior year.
• 3mo ago AI analysis › Press Release ● Major
Decoy Therapeutics Expands Intellectual Property Portfolio Covering Designable Multi-Antivirals and the IMP³ACT™ Platform
prnewswire.com • 3mo ago Press Release
Enact to Host Second Quarter 2026 Earnings Call August 6th
Enact Holdings announced it will issue its second quarter 2026 earnings release after the market closes on August 5, 2026.
The company will host a conference call to review the financial results on August 6, 2026, at 8:00 a.m. Eastern Time.
Participants wishing to join the live question-and-answer session must pre-register to receive a dial-in number and unique PIN.
• 4mo ago AI analysis › Press Release ● Critical
Aduro Clean Technologies Announces Pricing of US$15.64 Million Underwritten Public Offering and Concurrent Private Placement of up to US$7.17 Million
globenewswire.com • 4mo ago Press Release
Aduro Clean Technologies to Commence Trading on the Toronto Stock Exchange
Aduro Clean Technologies received final approval to list its common shares on the Toronto Stock Exchange (TSX) under the symbol ACT, commencing trading on May 27, 2026.
The company will concurrently delist from the Canadian Securities Exchange (CSE), where it was previously included in the CSE25 Index. No action is required by shareholders as the CUSIP remains unchanged.
Aduro will continue to trade on the Nasdaq Capital Market (ADUR) and Frankfurt Stock Exchange (9D5). The move to the TSX is intended to enhance institutional access, market visibility, and index eligibility in Canada.
• 5mo ago AI analysis › Press Release
Aduro Clean Technologies to List on the Toronto Stock Exchange
globenewswire.com • 5mo ago Press Release ● Major
Enact Reports First Quarter 2026 Results
Enact reported Q1 net income of $168 million ($1.18 diluted EPS) and adjusted operating income of $172 million ($1.21 adjusted EPS), with an adjusted operating return on equity of 12.9%.
New insurance written grew 30% year-over-year to $13 billion, while book value per share increased to $38.09.
The company announced a 14% dividend increase to $0.24 per share and repurchased $93 million of stock, leaving $438 million remaining on its authorization.
• 6mo ago AI analysis › Press Release
Enact Announces 14% Increase to Quarterly Dividend
Enact Holdings increased its quarterly dividend by 14% to $0.24 per share, payable June 18 to shareholders of record May 28.
CEO Rohit Gupta cited the company's continued financial strength and confidence in its long-term outlook as drivers of the decision.
The hike underscores a commitment to shareholder returns while maintaining flexibility for investment and growth.
• 6mo ago AI analysis ›