earnings
confidence high
sentiment positive
materiality 0.70
Enact Q1 net income $168M, EPS $1.18; NIW up 30% YoY; dividend raised 14% to $0.24
Enact Holdings, Inc.
2026-Q1 EPS reported
$1.18
revenue$312,069,000
- GAAP net income $168M ($1.18/dil); adjusted operating income $172M ($1.21/dil).
- New insurance written $13B, up 30% YoY; primary insurance in-force $272B, up 2% YoY.
- Loss ratio 15% vs 12% YoY; net reserve release $39M; operating expenses $49M, expense ratio 20%.
- Repurchased 2.3M shares for $93M in Q1; $438M remaining under $500M authorization.
- Quarterly dividend increased 14% to $0.24/share, payable June 18 to holders of record May 28; S&P upgraded outlook to positive.