For Q1 FY2026 ended March 31, 2026, Enact Holdings reported revenue of $312.1 million, up 1.7% year-over-year. Net income was $204.7 million (from a prior period), and diluted EPS was $1.18, up 9.3% year-over-year. The company had $549.0 million in cash, $5.34 billion in equity, and $744.9 million in long-term debt.
•Revenue increased 1.7% YoY to $312.1 million.
•Diluted EPS rose 9.3% to $1.18.
•Cash stood at $549.0 million with long-term debt of $744.9 million.
•Equity totaled $5.34 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Founded 1981Raleigh, North CarolinaSubsidiary of Genworth Holdings Inc
Enact is a private mortgage insurance company in the United States. The company engages in writing and assuming residential mortgage guaranty insurance private mortgage insurance products insuring prime-based, individually underwritten residential mortgage loans.
Its portfolio also includes pool mortgage insurance, contract underwriting services, and mortgage-related reinsurance products. The company serves large money center banks, non-bank lenders, national and local mortgage bankers, community banks, and credit unions.
Founded in 1981 and headquartered in Raleigh, North Carolina, Enact was formerly known as Genworth Mortgage Holdings, Inc. before rebranding in May 2021. Enact Holdings, Inc. is a subsidiary of Genworth Holdings Inc.
Enact Holdings, Inc. is a private mortgage insurance company operating in the United States. The company primarily writes and assumes residential mortgage guaranty insurance, along with private mortgage insurance products that insure prime-based, individually underwritten residential mortgage loans. Its portfolio also includes pool mortgage insurance, contract underwriting services, and mortgage-related reinsurance products. Enact serves a broad range of clients, including large money center banks, non-bank lenders, national and local mortgage bankers, community banks, and credit unions. Founded in 1981 and headquartered in Raleigh, North Carolina, the company was formerly known as Genworth Mortgage Holdings, Inc. before rebranding in May 2021. Enact is a subsidiary of Genworth Holdings Inc.
On which stock exchange is Enact Holdings (ACT) listed and in what currency?
Enact Holdings, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol ACT. The company trades in U.S. dollars (USD), reflecting its operations and primary market in the United States. As a Nasdaq-listed company, Enact is subject to the exchange's listing requirements and reporting standards, providing investors with transparency and liquidity. The use of USD as the trading currency aligns with the company's domestic focus and the currency of its financial reporting.
What sector and industry does Enact Holdings (ACT) belong to?
Enact Holdings, Inc. operates in the Financial Services sector and is classified under the Insurance - Specialty industry. This means the company provides specialized insurance products rather than general life or property insurance. Specifically, Enact focuses on mortgage insurance, which protects lenders against borrower default on residential mortgage loans. As a specialty insurer, it underwrites risk associated with prime-based mortgages and offers related services such as pool mortgage insurance and reinsurance. This niche within the insurance industry requires expertise in housing markets and credit risk assessment.
Where is Enact Holdings headquartered and what markets does it serve?
Enact Holdings, Inc. is headquartered in Raleigh, North Carolina, United States. The company serves the U.S. residential mortgage market exclusively, providing mortgage insurance and related services to a diverse client base. Its customers include large money center banks, non-bank lenders, national and local mortgage bankers, community banks, and credit unions. By focusing on the United States, Enact leverages its deep understanding of the domestic housing finance system and regulatory environment. The company's operations are centered on prime-based, individually underwritten residential mortgage loans, which are a core segment of the U.S. housing market.
How does Enact Holdings make money?
Enact Holdings generates revenue primarily through premiums earned from writing and assuming residential mortgage guaranty insurance and private mortgage insurance (PMI) policies. These premiums are paid by lenders or borrowers to insure against default on residential mortgage loans. Additionally, the company earns income from pool mortgage insurance, which covers pools of loans, and from contract underwriting services provided to mortgage originators. Enact also participates in mortgage-related reinsurance, where it assumes risk from other insurers in exchange for a share of premiums. Its business model relies on assessing and pricing credit risk effectively, maintaining a diversified portfolio of insured loans, and managing claims and loss reserves. The company serves a wide range of financial institutions, from large banks to community lenders, enabling it to capture a broad share of the U.S. mortgage insurance market.