ACT: Enact Holdings, Inc. - Summary | Jitta

Enact Holdings, Inc.

NASDAQ:ACT

Price
$27.62
Loss Chance
44.3%
4.81JITTA SCORE
46.98%Under Jitta Line
Jitta Ranking
632 / 752
2,927 / 5,069
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (60)
Recent Business Performance (68)
Financial Strength (73)
Return to Shareholders (43)
Competitive Advantage (38)
Jitta Signs
Recent Business PerformanceEarning Growth Last Year
Debt LevelLow Liabilities
CapExVery Low
SG&A to SalesDecreasing Every Year
Cash Conversion CycleLess than 30 days
Recent IPOLess than 3 years
Operating MarginInconsistent
SG&A to SalesIncreasing Every Year
Key Stats
Jitta Score
Jitta Line
4.81
46.98%
4.88
126.19%
Commercial and Residential Mortgage Finance
5.09
25.19%
3.60
57.02%
6.20
61.84%
COMPANY DESCRIPTION
Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. It is involved in writing and assuming residential mortgage guaranty insurance. The company offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and contract underwriting services for mortgage lenders. It primarily serves residential mortgage loan originators. 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. operates as a subsidiary of Genworth Holdings Inc.