NASDAQ$ACT
Enact Holdings Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Enact reported a strong Q4 2023, driven by record insurance in-force and expense discipline.
Enact Holdings reported a net income of $157 million, or $0.98 per diluted share, and an adjusted operating income of $158 million, or $0.98 per diluted share, for the fourth quarter of 2023. The company ended the year with record insurance in-force and returned over $300 million of capital to shareholders in 2023.
- Net income was $157 million, or $0.98 per diluted share.
- Adjusted operating income was $158 million, or $0.98 per diluted share.
- New insurance written (NIW) was $10 billion.
- Primary insurance in-force was a record $263 billion, up 6% from the prior year.
Headline financials
Revenue & EPS history
Enact · Revenue · Quarterly
$296M
Revenue by segment
Enact · $278M total across 2 segments · Q4 2022
- Premiums$233M-1.8%83.8%
- Net Investment Income$44.9M+28.3%16.2%
Forward guidance
Enact is well positioned to continue to deliver responsible insurance in-force growth, invest in our platform, support our policyholders, and continue generating value for our shareholders.
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 Q4 2023
+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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