Stocks · Financial Services · Insurance - Specialty
Enact Holdings Inc. ACT
$45.26 +2.51% Close, Oct 2, 2026 · NASDAQ · Market cap $6.32B
High quality
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 9.5× trailing earnings, higher than 95% of the company's own readings over the past five years.
- The diluted share count fell 6.9% in a year, mainly through buybacks.
- Revenue over the last four quarters was $1.25B, up 2.4% from a year earlier.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 34%
- EPS growth (TTM, YoY)Bottom 36%
- FCF growth (TTM, YoY)Bottom 36%
- Revenue growth, 3-year CAGRBottom 14%
- Revenue growth accelerationTop 41%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 13%
- Gross marginTop 8%
- Operating marginTop 3%
- Cash conversion (OCF / net income)Bottom 42%
- Accruals (lower is better)Top 41%
- Net debt / EBITDA (lower is better)Top 36%
- Interest coverTop 9%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 14%
- Free-cash-flow yieldTop 28%
- EBITDA / enterprise valueTop 15%
- Sales / enterprise valueBottom 22%
- P/E vs own 5-year history (lower is better)Bottom 7%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 25%
- 6-month returnTop 41%
- 1-year return vs S&P 500Top 32%
- Distance from 52-week highTop 50%
- Trend checklist (0–4)Top 48%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 49%
- Consecutive EPS beatsBottom 43%
- Share of analysts rating BuyBottom 30%
- Upside to consensus price targetBottom 14%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 40%
- Maximum drawdown, 3 yearsTop 22%
- Beta vs S&P 500 (lower is better)Top 34%
- Net debt / EBITDA (lower is better)Top 36%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 1.8% | 2.4% | ↑ |
| EPS growth (YoY) | 3.8% | 8.2% | ↑ |
| Gross margin | 74.6% | 85.9% | ↑ |
| Operating margin | 70.6% | 69.2% | ↓ |
| FCF margin | 57.3% | 57.6% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 2.4% | 1.8% | ↑ | Bottom 34% |
| EPS growth (TTM, YoY) | 8.2% | 3.8% | ↑ | Bottom 36% |
| Gross margin | 85.9% | 74.6% | ↑ | Top 8% |
| Operating margin | 69.2% | 70.6% | ↓ | Top 3% |
| Net margin | 54.6% | 55.4% | ↓ | — |
| Free-cash-flow margin | 57.6% | 57.3% | ↑ | — |
| Return on invested capital | 10.4% | — | Top 13% | |
| Revenue growth, 3-year CAGR | 4.0% | — | Bottom 14% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.05×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.7%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +48.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.32×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 17.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.97%
- Net buyback yield (TTM)
- 6.63%
- Shareholder yield
- 8.60%
- Share count change, 1 year
- -6.9%
- Share count change, 3-year CAGR
- -4.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +4.7%
- Average 2-day reaction, last 8
- +0.1%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $46.00
- Target vs current price
- +1.6%
- Analysts with a rating
- 9
- Share rating Buy or Strong Buy
- 33%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +5.9% | -0.1% | +2.6% | +1.1% | — |
| May 5, 2026 | +0.0% | -0.2% | +1.1% | -2.9% | +12.0% |
| Feb 3, 2026 | +12.8% | -0.3% | +4.8% | +3.6% | +9.2% |
| Nov 5, 2025 | +0.0% | -1.5% | +3.1% | +5.8% | +10.9% |
| Jul 30, 2025 | +3.6% | -2.4% | +1.8% | +8.1% | +3.3% |
| Apr 30, 2025 | -1.8% | +0.8% | +2.1% | -0.1% | -0.8% |
| Feb 4, 2025 | +6.9% | +0.6% | +1.6% | +1.3% | +7.2% |
| Nov 6, 2024 | +15.0% | +3.8% | +5.6% | +7.6% | +2.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $1.26 | $1.19 | +5.9% | $317.3M |
| May 5, 2026 | $1.21 | $1.21 | +0.0% | $312.1M |
| Feb 3, 2026 | $1.23 | $1.09 | +12.8% | $312.7M |
| Nov 5, 2025 | $1.12 | $1.12 | +0.0% | $311.5M |
| Jul 30, 2025 | $1.15 | $1.11 | +3.6% | $304.6M |
| Apr 30, 2025 | $1.10 | $1.12 | -1.8% | $306.9M |
| Feb 4, 2025 | $1.09 | $1.02 | +6.9% | $301.8M |
| Nov 6, 2024 | $1.15 | $1.00 | +15.0% | $309.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 9.5× | 7.5× | 95th | Top 14% |
| P/E (forward) | 9.4× | — | — | — |
| EV / EBITDA | 7.2× | — | — | Top 15% |
| EV / Sales | 5.28× | — | — | Bottom 22% |
| Free-cash-flow yield | 11.41% | — | — | Top 28% |
| Earnings yield | 10.49% | — | — | Top 14% |
P/E over the past five years
Range 5.4× – 10.3× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +19.5%
- Earnings per share growth (TTM)
- +8.2%
- Change in P/E multiple
- +28.1%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 2
- 50-day average slope (20 days)
- +1.9%
- 200-day average slope (20 days)
- +2.2%
- Distance from 50-day average
- -6.4%
- Distance from 200-day average
- +3.6%
- RSI (14)
- 36.2
- Relative volume
- 0.90×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 22.9%
- Volatility vs own 5-year history
- 56th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.50
- Correlation with S&P 500
- 0.35
- Current drawdown from 1-year high
- -9.6%
- Maximum drawdown, 3 years
- -15.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Aug 17, 2022 | Mar 13, 2023 | -21.9% | 142 days | 98 days (Aug 2, 2023) |
| Nov 4, 2021 | Dec 17, 2021 | -17.9% | 30 days | 83 days (Apr 19, 2022) |
| Jun 3, 2022 | Jun 22, 2022 | -16.3% | 12 days | 29 days (Aug 3, 2022) |
| Sep 19, 2024 | Jan 10, 2025 | -15.8% | 77 days | 77 days (May 2, 2025) |
| Sep 14, 2026 | Sep 30, 2026 | -13.6% | 12 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $6.32B
- P/E (TTM)
- 9.5
- EPS, diluted (TTM)
- $4.75
- Revenue (TTM)
- $1.25B
- Dividend yield
- 1.99%
- 52-week range
- $34.64 – $50.56
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.12B | $1.09B | $1.15B | $1.20B | $1.23B |
| Gross profit | $748.6M | $949.7M | $903.4M | $940.3M | $1.12B |
| Operating income | $695.2M | $898.2M | $851.5M | $878.1M | $858.8M |
| Net income | $546.7M | $704.2M | $665.5M | $688.1M | $674.2M |
| EPS (diluted) | $3.36 | $4.31 | $4.11 | $4.37 | $4.52 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $309.6M | $301.9M | $306.9M | $304.6M | $311.5M | $311.5M | $312.1M | $317.3M |
| Net income | $180.7M | $162.7M | $165.8M | $167.8M | $163.5M | $177.2M | $167.8M | $174.8M |
| EPS (diluted) | $1.15 | $1.05 | $1.08 | $1.11 | $1.10 | $1.22 | $1.18 | $1.25 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $572.1M | $560.5M | $632.0M | $686.3M | $724.5M |
| Capital expenditure | -$685.7M | $6.6M | $0 | $0 | $0 |
| Free cash flow | -$113.5M | $567.1M | $632.0M | $686.3M | $724.5M |
| Dividends paid | -$200.3M | -$250.8M | -$213.0M | -$111.7M | -$120.8M |
| Net share buybacks | $0 | -$1.5M | -$87.8M | -$244.0M | -$382.4M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $6.61B
- Total assets
- $6.96B
- Total liabilities
- $1.56B
- Total debt
- $744.9M
- Net debt
- $296.4M
- Shareholders’ equity
- $5.40B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 20, 2026 | $0.24 | Sep 17, 2026 |
| May 28, 2026 | $0.24 | Jun 18, 2026 |
| Feb 26, 2026 | $0.21 | Mar 19, 2026 |
| Nov 21, 2025 | $0.21 | Dec 11, 2025 |
| Aug 18, 2025 | $0.21 | Sep 8, 2025 |
| May 19, 2025 | $0.21 | Jun 11, 2025 |
| Feb 21, 2025 | $0.19 | Mar 14, 2025 |
| Nov 18, 2024 | $0.19 | Dec 5, 2024 |
Short interest
- Shares sold short
- 2,751,139
- Days to cover
- 5.95
- Change vs previous report
- -11.8%
FINRA short interest, settlement date Sep 15, 2026.