secwatch.observer — SEC 8-K summary
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Issuer:     Enact Holdings, Inc. (ACT)
CIK:        0001823529
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001823529-24-000209
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enact Q3 net income $181M, $1.15 EPS; record IIF $268B; announces $0.185 dividend
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- GAAP net income $181M ($1.15 diluted), vs $184M ($1.16) in Q2 2024 and $164M ($1.02) in Q3 2023.
- Adjusted operating income $182M ($1.16 diluted), down from $201M in Q2 on higher losses and lower reserve release.
- Record primary insurance in-force $268B, up 2% YoY; NIW flat at $14B but down 6% YoY on estimated lower market share.
- PMIERs sufficiency 173% ($2.19B above requirements); share repurchases $71M in Q3, $30M through Oct 31; $137M remaining authorization.
- Quarterly dividend of $0.185/share declared, payable Dec 5 to holders of record Nov 18; FY capital return expected at high end of $300-350M range.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823529/000182352924000209/0001823529-24-000209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823529/000182352924000209/act-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001823529-24-000209

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