ACT: Enact Holdings, Inc. - Summary | Jitta

Enact Holdings, Inc.

NASDAQ:ACT

Price
$43.13
Loss Chance
47.5%
5.75JITTA SCORE
43.67%Over Jitta Line
Jitta Ranking
492 / 701
1,840 / 4,223
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (40)
Recent Business Performance (31)
Financial Strength (84)
Return to Shareholders (71)
Competitive Advantage (47)
Jitta Signs
Revenue and EarningConsistent
Debt LevelLow Liabilities
Return on EquityConsistently High
Dividend PayoutIncreasing Every Year
Share RepurchaseEvery Year
CapExVery Low
Interest Coverage RatioVery Good
Cash Conversion CycleLess than 30 days
Key Stats
Jitta Score
Jitta Line
5.75
43.67%
5.48
84.00%
Commercial and Residential Mortgage Finance
2.83
100.00%
6.11
28.92%
5.87
28.95%
COMPANY DESCRIPTION
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.