earnings
confidence high
sentiment neutral
materiality 0.65
Enact Q2 net income $168M ($1.11 EPS); raises 2025 capital return guidance to ~$400M
Enact Holdings, Inc.
2025-Q2 EPS reported
$2.20
revenue$611,666,000
- GAAP net income $168M ($1.11 diluted EPS) vs $184M ($1.16) a year ago; adjusted operating income $174M ($1.15).
- NIW $13B, up 35% QoQ but down modestly YoY; primary IIF $270B (+1% YoY); persistency 82%.
- Loss ratio 10% with $48M reserve release; expense ratio 22%; net investment income $66M.
- Repurchased 2.4M shares for ~$85M in Q2; remaining $262M under $350M authorization.
- Board declared $0.21/share dividend payable Sept 8; full-year 2025 capital return guidance raised to ~$400M.