Enact Holdings Inc (ACT) delivered better-than-expected financial results for the third quarter of fiscal 2025. The company reported earnings per share (EPS) of $1.12, surpassing Wall Street's consensus estimate of $1.10 by $0.02. Revenue matched expectations at $0.3 billion, indicating stable performance amid a competitive market.
The company, headquartered in Raleigh, North Carolina, engages in providing mortgage insurance services, protecting lenders and investors against losses from nonpayment of loans secured by residential properties. Enact has established relationships across the mortgage origination market, serving a diverse customer base that includes national banks, non-bank mortgage lenders, and government-sponsored enterprises like Fannie Mae and Freddie Mac.
Enact will host its earnings conference call at an unspecified time to discuss these results and provide further insights into its business performance. Investors are encouraged to review the full earnings release and management commentary for a comprehensive understanding of the quarter's performance and future outlook.
With a market capitalization of $5.46 billion and a price-to-earnings (P/E) ratio of 8.06, Enact Holdings is positioned within the financial services industry as a key player in mortgage insurance. The company is scheduled to report its next earnings on July 27, 2026, with an EPS estimate of 1.1783 and revenue expectation of $0.3 billion.