Enact Holdings stock hits all-time high at 37.86 USD

Enact Holdings Inc (NASDAQ:ACT) stock reached an all-time high of 37.86 USD, marking a significant milestone for the $5.67 billion market cap company. InvestingPro data shows the company maintains a GREAT financial health score, with an attractive P/E ratio of 8.35 and a dividend yield of 2.26%. This peak reflects a notable 21.04% increase over the past year, underscoring the company’s strong performance and investor confidence. The stock’s ascent to this new high highlights Enact Holdings’ resilience and growth in the market, with revenue growing at 4.52% year-over-year. While current analysis suggests the stock is slightly overvalued, investors will be closely watching to see if this upward trend persists in the coming months. For deeper insights and additional ProTips about Enact Holdings, including comprehensive valuation analysis, check out the full Pro Research Report on InvestingPro.

In other recent news, Enact Holdings Inc. reported its first quarter 2025 earnings, aligning with analysts’ expectations with an earnings per share (EPS) of $1.08 and revenue of $306.8 million. The company saw a 2% year-over-year growth in adjusted operating income, reaching $169 million, and a 6% increase in adjusted EPS. Enact Holdings introduced the Rate 360 pricing engine, showcasing its commitment to innovation. The company maintains a robust capital position with a PMIERs sufficiency ratio of 165. Analysts noted that Enact Holdings’ earnings results indicate stability in its financial operations. The company’s stock was upgraded by analysts at Bank of America, reflecting positive sentiment. Enact Holdings continues to focus on serving first-time homebuyers and anticipates stable base premium rates despite high mortgage rates.

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