NASDAQ$ACT
Enact Holdings Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported strong second quarter results driven by disciplined growth and a resilient business model.
Enact Holdings reported a strong second quarter with a net income of $205 million, or $1.25 per diluted share, and an adjusted operating income of $205 million, or $1.26 per diluted share. The company's Insurance-In-Force reached a record $238 billion, a 9% increase year-over-year, and persistency improved to 80%.
- Net income for the second quarter of 2022 was $205 million, or $1.25 per diluted share.
- New insurance written (NIW) was $17 billion.
- Primary Insurance-In-Force was $238 billion, up 9% compared to the second quarter of 2021.
- Persistency for the second quarter of 2022 was 80%.
Headline financials
Revenue & EPS history
Enact · Revenue · Quarterly
$274M
Revenue by segment
Enact · $273M total across 2 segments · Q2 2022
- Premiums$237M-2.1%86.9%
- Net Investment Income$35.8M+3.1%13.1%
Forward guidance
While economic uncertainty has increased and mortgage rates have come off historically low levels, overall market conditions and the longer-term drivers of demand remain constructive, and we believe we are well positioned to execute on our strategy in a dynamic environment. Going forward, we remain committed to our goal of increasing the accessibility and affordability of home ownership and to driving value creation for all stakeholders.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.2%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+1.8%
Avg return
30 days after
61%
14 / 23 earnings
Positive
+8.9%
Q4 2025
Best reaction
-8.3%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.3% | +1.3% | -1.3% | |
| Q4 2025 | +8.9% | +5.1% | +2.8% | |
| Q3 2025 | +2.2% | +4.7% | +5.7% | |
| Q2 2025 | +1.0% | +4.3% | +9.4% | |
| Q1 2025 | +2.2% | +1.3% | -1.1% | |
| Q4 2024 | +1.5% | +1.0% | +1.4% | |
| Q3 2024 | +2.1% | +5.2% | +7.0% | |
| Q1 2024 | +0.9% | +5.3% | +3.3% | |
| Q4 2023 | -4.6% | -2.1% | +3.2% | |
| Q3 2023 | +1.2% | +1.4% | +1.2% | |
| Q2 2023 | +3.6% | +6.6% | +5.4% | |
| Q1 2023 | -7.7% | -0.8% | +4.9% | |
| Q4 2022 | -8.3% | -3.0% | -2.4% | |
| Q3 2022 | +1.8% | +0.4% | -3.3% | |
| Q2 2021 | +4.5% | +3.9% | -1.0% | |
| Q2 2022 | +7.9% | +12.8% | +6.2% | |
| Q1 2021 | -4.4% | -8.9% | +2.4% | |
| Q1 2022 | +5.8% | +1.2% | +7.1% | |
| Q4 2020 | -5.1% | -4.7% | +6.1% | |
| Q4 2019 | -5.1% | -4.7% | +6.1% | |
| Q4 2021 | -1.1% | -3.8% | -5.6% | |
| Q3 2020 | -0.6% | -3.9% | -9.4% | |
| Q3 2021 | +1.1% | +0.6% | -7.5% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — |
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