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Enact Holdings, Inc. (NASDAQ:ACT) is included among the 14 Best Up and Coming Dividend Stocks to Buy.
JPMorgan’s Richard Shane trimmed his price target on Enact Holdings, Inc. (NASDAQ:ACT) to $39 from $40 on November 7, keeping a Neutral view after the company’s third-quarter update, according to a report by The Fly.
For Q3 2025, Enact Holdings, Inc. (NASDAQ:ACT) posted $ 311.4 million in total revenue, slightly higher than the $309.5 million recorded a year earlier. Premiums came in at $244.6 million, compared with $249 million in the same period last year. As of September 30, the company was holding $339 million in cash and cash equivalents and another $311 million in invested assets. Management suggested that the combined figure was basically unchanged from the previous quarter, noting that buybacks and the regular dividend largely offset the contribution from its EMICO subsidiary.
New insurance written reached $14 billion for the quarter, a 6% increase from Q2 2025 and 3% higher than the same period in 2024. Of that volume, monthly premium policies made up 97%, while purchase originations accounted for 93%. Primary insurance in force edged up to $272 billion, compared with $270 billion in the prior quarter and $268 billion a year ago. Enact Holdings, Inc. (NASDAQ:ACT) continued to emphasize shareholder returns, distributing $31 million in dividends during the period.
Enact Holdings, Inc. (NASDAQ:ACT) is known as a major private mortgage insurer in the US, supporting lenders by backing mortgage loans and helping more borrowers access homeownership.
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READ NEXT: 15 Best Boring Dividend Stocks to Buy and 15 Best Stocks to Buy for Medium Term.
Disclosure: None.
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