earnings
confidence high
sentiment neutral
materiality 0.75
Enact Holdings Q3 net income $163M ($1.10/sh), raises 2025 capital return target to ~$500M
Enact Holdings, Inc.
2025-Q3 EPS reported
$3.30
revenue$923,121,000
- GAAP net income $163M ($1.10/sh) vs $181M ($1.15/sh) YoY; adjusted operating income $166M ($1.12/sh).
- Primary IIF $272B (+2% YoY); PMIERs sufficiency 162% (~$1.9B above requirements).
- 2025 capital return guidance raised to ~$500M; quarterly dividend $0.21/sh payable Dec 11.
- Repurchased 2.8M shares at avg $37.23 in Q3; new $435M revolver replaced $200M facility.
- Loss ratio 15% (vs 5% YoY); net premiums earned flat at $245M; Moody's/A.M. Best upgrades.