Should I buy or sell Enact stock right now?

0 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Enact in the last year. There are currently for the stock. The consensus among Wall Street research analysts is that investors should "n/a" ACT shares. View ACT analyst ratings or view top-rated stocks .

What is Enact's stock price target for 2024?

0 Wall Street analysts have issued 12-month target prices for Enact's stock. Their ACT share price targets range from $0.00 to $0.00. On average, they predict the company's share price to reach $0.00 in the next year. This suggests that the stock has a possible downside of 100.0%. View analysts price targets for ACT or view top-rated stocks among Wall Street analysts .

How have ACT shares performed in 2024?

Enact's stock was trading at $28.89 at the beginning of 2024. Since then, ACT stock has increased by 5.8% and is now trading at $30.58. View the best growth stocks for 2024 here .

Are investors shorting Enact?

Enact saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 884,300 shares, a drop of 13.3% from the March 31st total of 1,020,000 shares. Based on an average trading volume of 281,400 shares, the short-interest ratio is presently 3.1 days. Currently, 2.9% of the shares of the company are sold short. View Enact's Short Interest .

When is Enact's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our ACT earnings forecast .

How were Enact's earnings last quarter?

Enact Holdings, Inc. (NASDAQ:ACT) released its quarterly earnings results on Wednesday, May, 1st. The company reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.05. The firm had revenue of $291.58 million for the quarter, compared to analysts' expectations of $307.29 million. Enact had a trailing twelve-month return on equity of 14.86% and a net margin of 55.87%. During the same period in the prior year, the company earned $1.08 earnings per share.

How often does Enact pay dividends? What is the dividend yield for Enact?

Enact announced a quarterly dividend on Wednesday, May 1st. Stockholders of record on Wednesday, May 29th will be given a dividend of $0.185 per share on Thursday, June 13th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Wednesday, May 29th. This is a positive change from the stock's previous quarterly dividend of $0.16. Read our dividend analysis for ACT .

What does ACT invest in?

Enact is a equity fund issued by AdvisorShares. ACT focuses on theme investments. The fund's investments total to approximately $12.40 million assets under management.

What is the management fee for Enact?

Enact's management fee is 0.60% and has other expenses of 0.31%. However, ACT has a fee waiver of -0.16% to reimburse the expenses. The net expense ratio for ACT is 0.75%.

What is Dave Page's approval rating as Enact's CEO?

12 employees have rated Enact Chief Executive Officer Dave Page on Glassdoor.com . Dave Page has an approval rating of 100% among the company's employees. This puts Dave Page in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Enact own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Enact investors own include Cara Therapeutics (CARA) , Cronos Group (CRON) , Innovative Industrial Properties (IIPR) , Amplify Alternative Harvest ETF (MJ) , Organigram (OGI) , Tilray (TLRY) , Zynerba Pharmaceuticals (ZYNE) and

Enact (ACT) raised $253 million in an initial public offering (IPO) on Thursday, September 16th 2021. The company issued 13,310,400 shares at a price of $19.00 per share.

Who are Enact's major shareholders?

Enact's stock is owned by a number of retail and institutional investors. Top institutional investors include Denali Advisors LLC (0.11%), Principal Financial Group Inc. (0.02%), Measured Wealth Private Client Group LLC (0.02%), Renaissance Capital LLC (0.01%), Regent Peak Wealth Advisors LLC (0.01%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Anne G Waleski , Brian Gould , Dominic James Addesso , Genworth Holdings, Inc, Hardin Dean Mitchell and Rohit Gupta . View institutional ownership trends .

How do I buy shares of Enact?

Shares of ACT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:ACT

Enact (ACT) Price, Holdings, & News

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Free ACT Stock Alerts

$30.58

+0.59 (+1.97%)

(As of 05/3/2024 ET)

Compare

Today's Range: $29.90
▼
$30.77
50-Day Range: $26.73
▼
$31.18
52-Week Range: $21.81
▼
$31.26

Volume: 330,981 shs
Average Volume: 200,552 shs
Market Capitalization: $4.83 billion

Assets Under Management: $12.40 million
Dividend Yield: 2.09%
Net Expense Ratio: 0.75%

Stock Analysis Chart Dividend Headlines Ownership SEC Filings Short Interest Social Media

Get Enact alerts:

About Enact (NASDAQ:ACT)

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. It engages in writing and assuming residential mortgage guaranty insurance. The company also offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; contract underwriting services for mortgage lenders; and mortgage-related reinsurance products. It primarily serves originators of residential mortgage loans. 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. operates as a subsidiary of Genworth Holdings Inc.

ACT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ACT ETF News Headlines

May 5, 2024 | msn.com

Enact Holdings, Inc. (NASDAQ:ACT) Q1 2024 Earnings Call Transcript

May 4, 2024 | finance.yahoo.com

Here's What Analysts Are Forecasting For Enact Holdings, Inc. (NASDAQ:ACT) After Its First-Quarter Results

May 5, 2024 | Banyan Hill Publishing (Ad)

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May 4, 2024 | msn.com

Owner of dog killed by snare wants P.E.I. to enact tougher penalties

May 3, 2024 | finance.yahoo.com

Enact Holdings First Quarter 2024 Earnings: EPS Beats Expectations

May 3, 2024 | msn.com

Erie School District to enact tax increase for upcoming school year

May 3, 2024 | finance.yahoo.com

Enact Holdings Inc (ACT) (Q1 2024) Earnings Call Transcript Highlights: Strong Start with ...

May 2, 2024 | finance.yahoo.com

Q1 2024 Enact Holdings Inc Earnings Call

May 5, 2024 | Banyan Hill Publishing (Ad)

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May 2, 2024 | investorplace.com

ACT Stock Earnings: Enact Holdings Beats EPS, Misses Revenue for Q1 2024

See More Headlines

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Fund Details

Issuer: AdvisorShares
Fund Name: AdvisorShares Vice ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NASDAQ
Current Symbol: NASDAQ:ACT
Inception Date: 12/12/2017
Fund Manager: Dan S. Ahrens, Robert M. Parker
Web: new.mortgageinsurance.genworth.com
Phone: 919-846-4100

Fund Focus

Asset Class: Equity
Benchmark: N/A
Category: Strategy
Focus: Theme
Development Level: Developed Markets
Region: North America
Number of Holdings: 0

Fund Statistics

Assets Under Management: $12.40 million
Average Daily Volume: $1,652.50
Discount/Premium: 0.00%

Administrator, Advisor and Custodian

Administrator: The Bank of New York Mellon Corporation
Advisor: AdvisorShares Investments, LLC
Custodian: The Bank of New York Mellon Corporation
Distributor: Foreside Fund Services, LLC
Transfer Agent: The Bank of New York Mellon Corporation
Trustee: N/A
Lead Market Maker: N/A

Miscellaneous

Outstanding Shares: 158,000,000
Beta: 0.60

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Enact Expenses

Type	ACT	Theme ETFs	Equity ETFs	NASDAQ ETFs	All ETFs
Management Fee	0.60%	0.57%	0.54%	0.48%	0.51%
Other Expenses	0.31%	0.72%	0.54%	0.34%	0.58%
Total Expense	0.91%	0.72%	0.70%	0.58%	0.70%
Fee Waiver	-0.16%	-0.76%	-0.55%	-0.22%	-0.57%
Net Expense	0.75%	0.59%	0.60%	0.54%	0.58%

Enact (ACT) Exposure

ACT Sector Exposure

ACT Industry Exposure

Full Holdings Details

Key Executives

Mr. Rohit Gupta (Age 49)
President, CEO & Director
Comp: $3.81M
Mr. Hardin Dean Mitchell (Age 53)
Executive VP, CFO & Treasurer
Comp: $1.68M
Mr. Brian Michael Gould (Age 52)
EVP & COO
Comp: $861.25k
Mr. Evan Scott Stolove (Age 54)
Executive VP, General Counsel & Secretary
Comp: $1.23M
Mr. Michael Paul Derstine (Age 53)
Executive VP & Chief Risk Officer
Comp: $880.21k
Mr. James Robert McMullen
VP, Controller & Principal Accounting Officer
Mr. Daniel Kohl
Vice President of Investor Relations
Ms. Neenu Sohi Kainth
Chief Customer Experience Officer

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Insiders & Institutions

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ACT ETF - Frequently Asked Questions

Should I buy or sell Enact stock right now?: 0 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Enact in the last year. There are currently for the stock. The consensus among Wall Street research analysts is that investors should "n/a" ACT shares.
View ACT analyst ratings or view top-rated stocks.
What is Enact's stock price target for 2024?: 0 Wall Street analysts have issued 12-month target prices for Enact's stock. Their ACT share price targets range from $0.00 to $0.00. On average, they predict the company's share price to reach $0.00 in the next year. This suggests that the stock has a possible downside of 100.0%.
View analysts price targets for ACT or view top-rated stocks among Wall Street analysts.
How have ACT shares performed in 2024?: Enact's stock was trading at $28.89 at the beginning of 2024. Since then, ACT stock has increased by 5.8% and is now trading at $30.58.
View the best growth stocks for 2024 here.
Are investors shorting Enact?: Enact saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 884,300 shares, a drop of 13.3% from the March 31st total of 1,020,000 shares. Based on an average trading volume of 281,400 shares, the short-interest ratio is presently 3.1 days. Currently, 2.9% of the shares of the company are sold short.
View Enact's Short Interest.
When is Enact's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our ACT earnings forecast.
How were Enact's earnings last quarter?: Enact Holdings, Inc. (NASDAQ:ACT) released its quarterly earnings results on Wednesday, May, 1st. The company reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.05. The firm had revenue of $291.58 million for the quarter, compared to analysts' expectations of $307.29 million. Enact had a trailing twelve-month return on equity of 14.86% and a net margin of 55.87%. During the same period in the prior year, the company earned $1.08 earnings per share.
How often does Enact pay dividends? What is the dividend yield for Enact?: Enact announced a quarterly dividend on Wednesday, May 1st. Stockholders of record on Wednesday, May 29th will be given a dividend of $0.185 per share on Thursday, June 13th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Wednesday, May 29th. This is a positive change from the stock's previous quarterly dividend of $0.16.
Read our dividend analysis for ACT.
What does ACT invest in?: Enact is a equity fund issued by AdvisorShares. ACT focuses on theme investments. The fund's investments total to approximately $12.40 million assets under management.

What is the management fee for Enact?: Enact's management fee is 0.60% and has other expenses of 0.31%. However, ACT has a fee waiver of -0.16% to reimburse the expenses. The net expense ratio for ACT is 0.75%.
What is Dave Page's approval rating as Enact's CEO?: 12 employees have rated Enact Chief Executive Officer Dave Page on Glassdoor.com. Dave Page has an approval rating of 100% among the company's employees. This puts Dave Page in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Enact own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Enact investors own include Cara Therapeutics (CARA), Cronos Group (CRON), Innovative Industrial Properties (IIPR), Amplify Alternative Harvest ETF (MJ), Organigram (OGI), Tilray (TLRY), Zynerba Pharmaceuticals (ZYNE) and
When did Enact IPO?: Enact (ACT) raised $253 million in an initial public offering (IPO) on Thursday, September 16th 2021. The company issued 13,310,400 shares at a price of $19.00 per share.
Who are Enact's major shareholders?: Enact's stock is owned by a number of retail and institutional investors. Top institutional investors include Denali Advisors LLC (0.11%), Principal Financial Group Inc. (0.02%), Measured Wealth Private Client Group LLC (0.02%), Renaissance Capital LLC (0.01%), Regent Peak Wealth Advisors LLC (0.01%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Anne G Waleski, Brian Gould, Dominic James Addesso, Genworth Holdings, Inc, Hardin Dean Mitchell and Rohit Gupta.
View institutional ownership trends.
How do I buy shares of Enact?: Shares of ACT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ACT) was last updated on 5/5/2024 by MarketBeat.com Staff

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