Earnings Summary

Enact Holdings, Inc.’s revenue jumped 6.99% since last year same period to $296.19Mn in the Q4 2023. On a quarterly growth basis, Enact Holdings, Inc. has generated -0.95% fall in its revenue since last 3-months.

Enact Holdings, Inc.’s net profit jumped 9.39% since last year same period to $157.31Mn in the Q4 2023. On a quarterly growth basis, Enact Holdings, Inc. has generated -4.19% fall in its net profits since last 3-months.

Enact Holdings, Inc.’s net profit margin jumped 2.24% since last year same period to 53.11% in the Q4 2023. On a quarterly growth basis, Enact Holdings, Inc. has generated -3.27% fall in its net profit margins since last 3-months.

Enact Holdings, Inc.’s price-to-earnings ratio after this Q4 2023 earnings stands at 7.16.

Enact Holdings, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.96 - a 4.35% jump from last quarter’s estimates.

Enact Holdings, Inc.’s earning per share (EPS) estimates for the current year stand at 0.96.

Enact Holdings, Inc.’s earning per share (EPS) jumped 11.36% since last year same period to 0.98 in the Q4 2023. This indicates that the Enact Holdings, Inc. has generated 11.36% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Enact Holdings, Inc.’s return on assets (ROA) stands at 0.09.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Enact Holdings, Inc.’s return on equity (ROE) stands at 0.15.

Enact Holdings, Inc. declared 0.16 dividend per share during the earnings announcement for Q4 2023.