RALEIGH, N.C., May 22, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact), today announced that it has priced a registered public offering of $750 million of its 6.25% Senior Notes due 2029 (the “2029 Notes”). The expected settlement date for the offering is May 28, 2024, subject to the satisfaction of customary closing conditions. The 2029 Notes will pay interest semi-annually on May 28 and November 28, beginning November 28, 2024, at a rate of 6.250% per year, maturing May 28, 2029. Enact ...

Enact Holdings, Inc. (NASDAQ:ACT) Q1 2024 Earnings Conference Call May 2, 2024 8:00 AM ET Corporate Participants Daniel Kohl - VP, Investor Relations Rohit Gupta - President and Chief Executive Officer Dean Mitchell - Chief Financial Officer Conference Call Participants Doug Harter - UBS Mihir Bhatia - Bank of America Bose George - KBW Rick Shane - JPMorgan Soham Bhonsle - BTIG Operator Good day and thank you for standing by. Welcome to Enact's First Quarter 2024 Earnings Call. At this time all participants ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-40399 Enact Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 46-1579166 (State or other jurisdiction o ...

Enact Holdings, Inc. (ACT) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.05%. A quarter ago, it was expected that this company would post earnings of $0.90 per share when it actually produced earnings of $0.98, delivering a surprise of 8.89%. Over the last four quarters, the comp ...

Exhibit 99.1 ENACT REPORTS FIRST QUARTER 2024 RESULTS _______________________________________ GAAP Net Income of $161 million, or $1.01 per diluted share Adjusted Operating Income of $166 million, or $1.04 per diluted share Return on Equity of 13.8% and Adjusted Operating Return on Equity of 14.2% Record Primary insurance in-force of $264 billion, a 4% increase from first quarter 2023 PMIERs Sufficiency of 163% or $1,883 million Book Value Per Share of $29.89 and Book Value Per Share excluding AOCI of $31.4 ...

RALEIGH, N.C., May 01, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors declared a quarterly dividend of $0.185 per common share, an increase of 16% from the prior quarter's dividend. This dividend will be payable on June 13, 2024, to shareholders of record on May 29, 2024. Future dividends will be subject to Board approval. Additionally, Enact announced that its ...

Investors are always looking for stocks that are poised to beat at earnings season and Enact Holdings, Inc. (ACT) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Enact Holdings is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a prett ...

Root, Inc. (ROOT) is slated to report first-quarter 2024 earnings on Apr 30, after market close. The company delivered an earnings surprise of 34.1% in the last reported quarter. Factors at Play The first-quarter performance of Root, an auto insurer with a focus on the personal line, is likely to have benefited from better pricing and underwriting technology as well as prudent cost management. Its reinsurance strategy, driving higher retention and reduction in reinsurance costs, is likely to have added to t ...

American International Group, Inc. (AIG) is set to report its first-quarter 2024 results on May 1, after the closing bell. What Do the Estimates Say? The Zacks Consensus Estimate for first-quarter earnings per share of $1.66 declined by 2 cents over the past week. The estimate is indicative of a 1.8% increase from the year-ago quarter’s reported earnings of $1.63 per share. However, the Zacks Consensus Estimate for revenues is pegged at around $12 billion, suggesting a decline of 2.7% from the year-ago quar ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Enact Holdings, Inc. (ACT) , which belongs to the Zacks Insurance - Multi line industry, could be a great candidate to consider. This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 13.75%. For the most recent quarte ...