Enact Holdings, Inc. (ACT)
NASDAQFinancialsInsurance - SpecialtySnapshot 2026-09-04
$49.27-0.48%
Close 2026-09-04 · 1-day change
NASDAQFinancialsInsurance - SpecialtySnapshot 2026-09-04
QuarterlyIQ Insights · ACT
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance dropped from the top half to the bottom half of its industry over the past month — the reason to own it has weakened.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -26.2% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 1.5% |
Growth built into the price is above our model estimate.
The price assumes 27.7 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 11 industry peers · Company calendar date is not available
ACT — earnings in line
Dated 2025-11-05
of this Current Report on Form 8-K (including Exhibits 99.1 and 99.2) is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.…
Why it matters: Higher operating income shows the company can manage costs and grow profits.
Supportive ifOperating income is higher than Q1 2026 results.
Worry ifOperating income is lower or the same as Q1 2026 results.
Why it matters: If it drops below this level, it may show less profit. This could worry investors.
Worry ifReturn on equity is below 12%.
Less concerning ifReturn on equity remains at or above 12%.
Why it matters: This guidance shows management wants to give value to shareholders.
Supportive ifManagement plans to return $550-$600 million in capital for 2026.
Worry ifGuidance is lowered below $550 million. This shows possible financial trouble.
Why it matters: A drop in operating income suggests it may be hard to stay profitable.
Worry ifIn Q3, adjusted operating income was less than $177 million.
Less concerning ifIn Q3, adjusted operating income was more than $177 million.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$71 on $10,000 · ±0.7% | How much price usually moves either way. |
| Bad day | $198 loss on $10,000 · 2.0% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,096 loss on $10,000 · 11.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: A dividend increase shows strong finances. It also shows commitment to shareholders.
Supportive ifAnnouncement of a dividend increase beyond the current $0.24 per share.
Worry ifNo dividend increase or a decrease in the dividend amount.
Why it matters: A higher loss ratio shows worse credit performance and risk management problems.
Worry ifA loss ratio over 20% would show falling credit quality.
Less concerning ifLoss ratio is below 20%. This suggests stable credit performance.
Why it matters: Earnings results will show if the company can keep growing and making money. Investors will look at new insurance written and operating income.
Watch forEarnings per share exceeds $1.20, indicating strong performance and growth.
Also watch forEarnings per share is below $1.15. This suggests weaker performance and possible problems.
Why it matters: If new insurance written goes down, it shows weak demand and growth problems.
Worry ifNew insurance written (NIW) exceeds $13 billion in Q3 2026.
Less concerning ifNIW falls below $13 billion in Q3 2026.
Why it matters: A drop below $13 billion would signal a slowdown in growth for new insurance written.
Worry ifIn Q3, new insurance written is over $13 billion. This shows continued growth.
Less concerning ifQ3 new insurance written falls below $13 billion, suggesting a slowdown.
Why it matters: A loss ratio above 15% means rising claims and worries about profits.
Worry ifIn Q3, the loss ratio is below 15%. This shows stable claims performance.
Less concerning ifIn Q3, the loss ratio is above 15%. This signals issues with claims management.
Why it matters: If it drops below 160%, there will be worries about the company's capital.
Worry ifPMIERs sufficiency is above 160%. This shows a strong capital position.
Less concerning ifPMIERs sufficiency is below 160%. This may mean there are capital problems.