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Stock impact report

Enact Reports First Quarter 2024 Results [Yahoo! Finance]

Enact Holdings, Inc. (ACT) 
US:NYSE Investor Relations: advisorshares.com/fund/act
Company Research Source: Yahoo! Finance
Return on Equity of 13.8% and Adjusted Operating Return on Equity of 14.2% Record Primary insurance in-force of $264 billion, a 4% increase from first quarter 2023 PMIERs Sufficiency of 163% or $1,883 million Book Value Per Share of $29.89 and Book Value Per Share excluding AOCI of $31.40 RALEIGH, N.C., May 01, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) today announced financial results for the first quarter of 2024. “Our strong performance in the first quarter establishes a solid foundation for the rest of the year,” said Rohit Gupta, President and CEO of Enact. “During the quarter, we reported insurance-in-force growth, continued strong credit performance, and delivered on our commitment to expense discipline. Additionally, we continued to execute against our balanced capital allocation strategy, including returning capital to our shareholders through our recently increased quarterly dividend and share repurchases. Looking forward, we are confident in the Show less Read more
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