KBW analyst Bose George maintained a Buy rating on Enact Holdings (ACT – Research Report) yesterday and set a price target of $37.00. The company’s shares closed yesterday at $30.00.
George covers the Financial sector, focusing on stocks such as First American Financial, Stewart Information Services, and Fidelity National Financial. According to TipRanks, George has an average return of 14.5% and a 71.47% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Enact Holdings with a $33.33 average price target.
ACT market cap is currently $4.73B and has a P/E ratio of 7.23.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ACT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Enact Holdings (ACT) Company Description:
Enact Holdings Inc is a private mortgage insurance provider. It is committed towards helping more people to achieve the dream of homeownership.
Read More on ACT:
- Enact Announces 16% Increase to Quarterly Dividend and New $250 Million Share Repurchase Program
- Enact Holdings files automatic mixed securities shelf
- Enact to Host First Quarter 2024 Earnings Call May 2nd
- Enact Integrated with PMI Rate Pro for Seamless Ordering
- Enact Holdings price target raised to $31 from $30 at JPMorgan
