Full-Time
Posted on 9/9/2025
Provides mortgage insurance for lenders
No salary listed
Raleigh, NC, USA
Hybrid
Hybrid role; in-office Tuesdays through Thursdays at Raleigh HQ.
Enact Mortgage Insurance provides mortgage insurance through its subsidiaries, Enact Mortgage Insurance Corporation and Enact Mortgage Insurance Corporation of North Carolina, to help lenders approve more home loans and keep borrowers in their homes. Its product works by offering insurance coverage on mortgage loans, typically enabling lenders to offer loans with lower down payments or better terms while transferring default risk to the insurer. Enact differentiates itself through its deep expertise, insightful offerings, and dedicated service that aims to support lenders and borrowers, including a regional presence via its North Carolina affiliate. The company’s goal is to help lenders put more people in homes and maintain home ownership for as long as possible.
Company Size
201-500
Company Stage
IPO
Headquarters
Raleigh, North Carolina
Founded
1981
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Hybrid Work Options
Unlimited Paid Time Off
Paid Family Leave
401(k) Company Match
Tuition Reimbursement
Student Loan Assistance
Fitness and Emotional Wellness Reimbursements
40 Hours of Volunteer Time Off
Enact Holdings has authorised a new $500 million share repurchase programme and approved a quarterly dividend of $0.21, whilst entering a stock buyback agreement with shareholder Genworth Financial. The announcement follows the company's fourth quarter revenue of $312.71 million and net income of $177.16 million. The mortgage insurance provider's shares currently trade at $40.33, having delivered returns of 22.7% over one year and 92.5% over three years. Management described the moves as part of a disciplined capital management strategy, signalling confidence in the company's balance sheet and operational performance. However, analysts have flagged risks including expectations for declining earnings over the next three years, which could limit buyback benefits. The mortgage insurance sector remains exposed to housing and credit cycles.
Mortgage insurance provider Enact Holdings missed Wall Street revenue expectations in Q4 2025, reporting sales of $312.7 million versus analyst estimates of $315.7 million. Revenue grew 1.2% year on year, representing a 0.9% miss. The company's adjusted earnings per share of $1.23 beat analyst expectations of $1.10 by 11.9%. Pre-tax profit reached $223.1 million with a 71.3% margin, whilst book value per share grew 14.8% year on year to $37.66. Enact provides private mortgage insurance enabling lenders to offer home loans with lower down payments. Over the past five years, the company's revenue has grown at a 2.4% compound annual growth rate, though two-year annualised growth improved to 3.4%. Net premiums earned comprise 82.7% of total revenue.
Enact Holdings reported fourth quarter 2025 net income of $177 million, or $1.22 per diluted share, up from $163 million in both the third quarter of 2025 and fourth quarter of 2024. Adjusted operating income was $179 million, or $1.23 per diluted share. The mortgage insurer's primary insurance in-force reached $273 billion, a 2% year-over-year increase. New insurance written totalled $14 billion, up 8% from the prior year quarter. The loss ratio improved to 7%, driven by a $60 million net reserve release reflecting favourable cure performance. Enact maintained a PMIERs sufficiency of 166%, or approximately $1.9 billion, and returned over $500 million to shareholders during 2025. Annualised return on equity was 13.3% for the quarter. Book value per share excluding accumulated other comprehensive income stood at $25.31.
Enact Holdings's 15min chart sees KDJ Golden Cross, Bullish Marubozu. Enact Holdings' 15-minute chart has triggered a KDJ Golden Cross and Bullish Marubozu at 10:15 on December 26, 2025. This indicates a shift in the stock price's momentum towards the upside, with potential for further increase. Buyers currently dominate the market, and the bullish momentum is likely to continue. Ask Aime: What's the outlook for Enact's stock following the KDJ Golden Cross and Bullish Marubozu on December 26, 2025? Or continue with others.
Mortgage insurer Enact Holdings secures $435M revolving credit facility, replacing $200M line. 5-year term includes 125bps margin, enhancing liquidity with no immediate draws.