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42.89000 USD
1.06
2.53%
Last update Apr 17, 3:59 PM EDT
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Day range
41.82500
43.37000
Previous close
41.83000
Open
41.97000
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Enact Holdings, Inc.
42.89
1.06
2.53%

Overview

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Description

Enact Holdings, Inc. is a leading private mortgage insurance company operating in the United States housing finance market. The company specializes in writing and assuming residential mortgage guaranty insurance, primarily serving originators of residential mortgage loans. Enact's product portfolio includes private mortgage insurance for prime-based, individually underwritten residential mortgage loans, pool mortgage insurance, contract underwriting services for mortgage lenders, and mortgage-related reinsurance products. The company's insurance subsidiaries provide coverage that protects lenders and investors against potential losses from borrower defaults on residential mortgages. Enact serves as an essential component of the U.S. housing finance system, enabling lenders to originate mortgages with lower down payments by transferring credit risk through insurance protection. The company operates in the financial services sector, specifically within the specialty insurance industry, and maintains a diversified credit risk transfer program including reinsurance agreements with third-party providers. Founded in Raleigh, North Carolina, Enact supports the accessibility and stability of the residential mortgage market through its underwriting expertise and risk management solutions.

About

CEO
Mr. Rohit Gupta
Employees
421
Address
8325 Six Forks Road
Raleigh, 27615, NC
United States
Phone
919 846 4100
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Insurance - Specialty
Country
United States
MIC code
XNGS
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Latest press releases

Apr 9, 2025
Enact Holdings Set to Join S&P SmallCap 600

NEW YORK, April 9, 2025 /PRNewswire/ -- Enact Holdings Inc. (NASD: ACT) will replace SolarWinds Corp. (NYSE: SWI) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, April 16. Turn/River Capital is acquiring SolarWinds in a deal expected to close soon, pending final closing conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name

Action

Company Name

Ticker

GICS Sector

April 16, 2025

S&P SmallCap 600

Addition

Enact Holdings

ACT

Financials

April 16, 2025

S&P SmallCap 600

Deletion

SolarWinds

SWI

Information Technology

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Market closed

Pre-market opens in 1 day 6 hours 32 minutes
Main market opens in 1 day 12 hours 2 minutes

21:27
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).