Brief: Enact Holdings Q2 EPS USD 1.11

Enact Holdings

30/07/2025 21:16

Overview

Enact Holdings Q2 revenue missed analyst expectations, per LSEG data

Adjusted diluted operating income per share beat estimates, per LSEG data

Company increased full-year capital return guidance to about $400 mln

Outlook

Enact Holdings raises full-year capital return guidance to $400 mln

Company confident in housing market fundamentals

Enact Holdings focuses on risk and expense management

Company invests in business amid evolving market conditions

Result Drivers

INSURANCE IN-FORCE - Primary insurance in-force increased by 1% from Q1 2025, reaching $270 bln

LOSS RATIO IMPROVEMENT - Loss ratio improved to 10% from 12% in Q1 2025, attributed to a $48 mln reserve release from favorable cure performance and loss mitigation activities

INVESTMENT INCOME - Net investment income rose to $66 mln in Q2 from $63 mln in Q1, contributing to the adjusted operating income of $174 mln

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$304.89 mln
$307.60 mln (3 Analysts)
Q2 Adj. Diluted Operating Income per share
Beat
$1.15
$1.1 (6 Analysts)
Q2 EPS
$1.11
Q2 Net Income
$168 mln
Q2 Adjusted Operating Income
$174 mln
Q2 Expense Ratio
22.0%
Q2 ROE
13.0%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy"

Wall Street's median 12-month price target for Enact Holdings Inc is $40.00, about 11.9% above its July 29 closing price of $35.26

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNX1TbCqG

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)