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Enact Holdings (ACT)
NASDAQ:ACT
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.12Last Year’s EPS
1.27Same Quarter Last Year
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 0.95%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance, capital allocation, and favorable insurance metrics. However, challenges such as decreased new insurance written and an increase in losses were noted. The sentiment is balanced between positive financial results and market challenges.Company Guidance
During the first quarter of 2025, Enact reported strong financial and operational results, showcasing a robust adjusted operating income of $169 million, marking a 2% increase year-over-year. The company achieved an adjusted earnings per share of $1.10, up by 6% from the previous year, and an adjusted return on equity of 13.4%. Enact's insurance in-force reached $268 billion, reflecting a 2% rise year-over-year. The PMIER Sufficiency ratio remained strong at 165%, indicating a solid capital foundation. The company noted a favorable delinquency trend, with total delinquencies improving by 5% sequentially and new delinquencies decreasing by 11%. This performance facilitated a reserve release of $47 million, leading to a loss ratio of 12%. Enact's strategic capital allocation included a new $350 million share repurchase program and a 14% increase in the dividend to $0.21 per share. The company maintained a disciplined approach to expense management, achieving a 9% sequential reduction in expenses, and reaffirmed its 2025 expense guidance range of $220 million to $225 million.Strong Financial and Operational Results
Enact delivered strong financial and operational results in Q1 2025 with adjusted operating income of $169 million, up 2% year-over-year, and adjusted earnings per share of $1.10, up 6% year-over-year.
Capital Allocation and Shareholder Returns
Enact announced a new $350 million share repurchase program and a 14% increase in dividends, returning over $94 million through share buybacks and quarterly dividends in Q1 2025.
Stable Insurance Metrics
Insurance in-force was $268 billion, up 2% year-over-year. The persistency rate was 84%, with a PMIER Sufficiency ratio of 165%, indicating a strong capital foundation.
Favorable Delinquency and Cure Performance
Total delinquencies improved and were down 5% sequentially, with new delinquencies decreasing by 11%. A reserve release of $47 million was achieved due to a cure rate of 56%.
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ACT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ACT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 30, 2025 | $35.79 | $36.57 | +2.18% |
| Feb 04, 2025 | $33.42 | $33.91 | +1.47% |
| Nov 06, 2024 | $33.66 | $33.10 | -1.66% |
| Jul 31, 2024 | $33.48 | $32.95 | -1.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Enact Holdings (ACT) report earnings?
Enact Holdings (ACT) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Enact Holdings (ACT) earnings time?
Enact Holdings (ACT) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACT EPS forecast?
ACT EPS forecast for the fiscal quarter 2025 (Q2) is 1.12.
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