earnings
confidence high
sentiment positive
materiality 0.75
Enact reports Q4 net income $163M ($1.05 EPS); declares $0.185 quarterly dividend
Enact Holdings, Inc.
2024-FY EPS reported
$4.37
revenue$1,201,774,000
- GAAP net income $163M ($1.05/share); adjusted operating income $169M ($1.09/share) for Q4 2024.
- Record primary insurance in-force $269B, up 2% YoY; PMIERs sufficiency 167% or $2.05B.
- Loss ratio increased to 10% in Q4 from 5% in Q3 due to lower reserve release and higher new delinquencies.
- Returned $354M to shareholders in 2024; Board declares $0.185/share quarterly dividend payable March 14.
- Fitch upgraded EMICO insurer financial strength rating to A from A- in January 2025.