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Enact (ACT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ACT Stock Forecast

Enact (ACT) stock forecast, based on 10 Wall Street analysts, predicts a 12-month average price target of $30.33, with a high of $33.00 and a low of $25.00. This represents a -10.58% decline from the last price of $33.92.

$25 $28 $31 $34 $37 $40 High: $33 Avg: $30.33 Low: $25 Last Closed Price: $33.92

ACT Stock Rating

Enact stock's rating consensus is Buy, based on 10 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (50.00%), 4 Hold (40.00%), 1 Sell (10.00%), and 0 Strong Sell (0.00%).

Buy
Total 10 0 1 4 5 Strong Sell Sell Hold Buy Strong Buy

ACT Forecast vs Benchmarks

TypeNameUpside
StockEnact-10.58%
SectorFinancial Services Stocks 2.38%
IndustrySpecialty Insurance Stocks11.27%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$33.00
Last Closing Price$33.92$33.92$33.92
Upside/Downside---2.71%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25113--5
Dec, 24113--5
Nov, 24313--7
Oct, 24313--7
Sep, 24323--8
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 21, 2024Doug HarterUBS$33.00$31.086.18%-2.71%
May 06, 2024Soham BhonsleBTIG$33.00$31.315.40%-2.71%
Feb 08, 2023J.P. Morgan$25.00$23.028.60%-26.30%
Jul 08, 2022BTIG$27.00$21.6624.65%-20.40%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Aug 05, 2024BTIGBuyBuyhold
May 21, 2024UBSNeutralNeutralhold
May 06, 2024BTIGBuyBuyhold
May 09, 2023Goldman SachsNeutraldowngrade
May 09, 2023Bank of America SecuritiesNeutralupgrade
Feb 08, 2023Keefe, Bruyette & WoodsOutperformupgrade
Jul 08, 2022BTIGBuyBuyhold

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$3.36$4.32$4.14----
Avg Forecast$3.26$4.28$4.09$4.45$4.26$4.35$4.59
High Forecast$3.24$4.25$4.06$4.41$4.25$4.23$4.55
Low Forecast$3.29$4.31$4.12$4.49$4.27$4.43$4.63
Surprise %3.07%0.93%1.22%----

Revenue Forecast

$900M $1B $1B $1B $1B $1B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.12B$1.10B$1.15B----
Avg Forecast$1.12B$944.90M$962.25M$1.21B$1.27B$1.33B$1.38B
High Forecast$1.11B$939.25M$955.50M$1.21B$1.26B$1.32B$1.37B
Low Forecast$1.12B$949.70M$968.42M$1.22B$1.28B$1.34B$1.39B
Surprise %0.29%15.89%19.89%----

Net Income Forecast

$500M $550M $600M $650M $700M $750M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$546.68M$704.16M$665.51M----
Avg Forecast$527.23M$692.68M$665.51M$720.35M$690.03M$700.55M$742.58M
High Forecast$524.49M$687.29M$656.74M$714.06M$688.43M$683.84M$736.10M
Low Forecast$531.98M$697.25M$666.49M$726.64M$691.62M$717.27M$749.07M
Surprise %3.69%1.66%-----

ACT Forecast FAQ

Is Enact stock a buy?

Enact stock has a consensus rating of Buy, based on 10 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 4 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Enact is a favorable investment for most analysts.

What is Enact's price target?

Enact's price target, set by 10 Wall Street analysts, averages $30.33 over the next 12 months. The price target range spans from $25 at the low end to $33 at the high end, suggesting a potential -10.58% change from the previous close price of $33.92.

How does Enact stock forecast compare to the average forecast of its sector, industry, and investment themes?

Enact stock forecast shows a -10.58% downside, underperforming the average forecast for the financial services stocks sector (2.38%) and underperforming the specialty insurance stocks industry (11.27%).

What is the breakdown of analyst ratings for Enact over the past three months?

  • January 2025: 20.00% Strong Buy, 20.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 20.00% Strong Buy, 20.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 42.86% Strong Buy, 14.29% Buy, 42.86% Hold, 0% Sell, 0% Strong Sell.

What is Enact’s EPS forecast?

Enact's average annual EPS forecast for its fiscal year ending in December is 4.45 for 2024, a 7.49% increase from the reported $4.14 in 2023. The prediction for 2025 is $4.26, $4.35 for 2026, and $4.59 for 2027.

What is Enact’s revenue forecast?

Enact's average annual revenue forecast for its fiscal year ending in December is $1.21B for 2024, a 5.23% increase from the reported $1.15B in 2023. The forecast for 2025 is $1.27B, $1.33B for 2026, and $1.38B for 2027.

What is Enact’s net income forecast?

For its fiscal year ending in December, Enact's average annual net income forecast is $720.35M for 2024, reflecting an 8.24% increase from the reported $665.51M in 2023. The projection for 2025 is $690.03M, $700.55M for 2026, and $742.58M for 2027.