Streetbeat News

ACT

Enact Holdings, Inc.

https://www.enactmi.com

Industry

Insurance - Specialty

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company is involved in writing and assuming residential mortgage guaranty insurance. It offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and contract underwriting services for mortgage lenders. 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.

Open

32.77

Mkt cap

Volume

74K

High

33.09

P/E Ratio

7.64

52-wk high

37.42

Low

32.60

Div yield

0.02

52-wk low

26.13

Aduro Clean Technologies announced a second partial exercise of the over-allotment option in its U.S. public offering, selling an additional 22,470 shares at $4.25 each, totaling 1,063,647 shares for $4.52 million in gross proceeds.

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December 11, 2024 | 10:30 pm

The Newport News Education Foundation has been awarded a $500,000 ACT Grant to support the Newport News Public Schools' New Teacher Institute program. This initiative is backed by the BayPort Foundation, Ferguson, Newport News Shipbuilding (a division of HII), and Virginia Natural Gas.

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December 11, 2024 | 7:30 pm

Aduro Clean Technologies announced a partial exercise of the over-allotment option in its U.S. public offering, selling an additional 100,000 shares at $4.25 each, resulting in total gross proceeds of approximately $4.43 million.

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December 03, 2024 | 10:00 pm

Enact Mortgage Insurance has entered into two quota share reinsurance agreements, securing 27% of forward quota share reinsurance coverage from third-party providers.

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December 03, 2024 | 9:30 pm

Aduro Clean Technologies Inc. announced the successful election of its directors at the 2023/2024 annual general meeting. All nominees were elected, indicating stability in the company's leadership.

Portfolio Pulse from

December 02, 2024 | 9:15 pm

Aduro Clean Technologies has successfully closed a $4 million public offering and commenced trading on the Nasdaq under the symbol ADUR.

Portfolio Pulse from

November 08, 2024 | 9:15 pm

Enact Holdings, Inc. (NASDAQ:ACT) held its Q3 2024 earnings conference call on November 7, 2024. Key company participants included Daniel Kohl, Rohit Gupta, and Dean Mitchell. Analysts from UBS, Bank of America, KBW, and JPMorgan participated in the call.

Portfolio Pulse from

November 08, 2024 | 5:30 pm

Aduro Clean Technologies has announced the pricing of its US$4 million uplisting to Nasdaq, offering 941,177 common shares at US$4.25 each. The company has also granted underwriters a 45-day option to purchase additional shares.

Portfolio Pulse from

November 07, 2024 | 2:45 pm

Enact Holdings, Inc. (ACT) reported Q3 earnings of $1.16 per share, surpassing the Zacks Consensus Estimate of $1.01 per share. This marks an improvement from $1.02 per share a year ago.

Portfolio Pulse from

November 07, 2024 | 1:15 am

Enact Holdings reported strong third-quarter 2024 results with a GAAP net income of $181 million and announced a quarterly dividend of $0.185 per share. The company showed a 2% increase in primary insurance in-force and a return on equity of 14.7%.

Portfolio Pulse from

November 06, 2024 | 9:30 pm

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