Enact (ACT) Stock Forecast, Price Target & Predictions
ACT Stock Forecast
Enact stock forecast is as follows: an average price target of $30.33 (represents a -6.27% downside from ACT’s last price of $32.36) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
ACT Price Target
The average price target for Enact (ACT) is $30.33 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $33.00 to $25.00. This represents a potential -6.27% downside from ACT's last price of $32.36.
ACT Analyst Ratings
According to 10 Wall Street analysts, Enact's rating consensus is 'Buy'. The analyst rating breakdown for ACT stock is 0 'Strong Buy' (0.00%), 5 'Buy' (50.00%), 4 'Hold' (40.00%), 1 'Sell' (10.00%), and 0 'Strong Sell' (0.00%).
Enact Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 21, 2024 | Doug Harter | UBS | $33.00 | $31.08 | 6.18% | 1.98% |
| May 06, 2024 | Soham Bhonsle | BTIG | $33.00 | $31.31 | 5.40% | 1.98% |
| Feb 08, 2023 | J.P. Morgan | $25.00 | $23.02 | 8.60% | -22.74% | |
| Jul 08, 2022 | BTIG | $27.00 | $21.66 | 24.65% | -16.56% |
The latest Enact stock forecast, released on May 21, 2024 by Doug Harter from UBS, set a price target of $33.00, which represents a 6.18% increase from the stock price at the time of the forecast ($31.08), and a 1.98% increase from ACT last price ($32.36).
Enact Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $33.00 |
| Last Closing Price | $32.36 | $32.36 | $32.36 |
| Upside/Downside | -100.00% | -100.00% | 1.98% |
In the current month, the average price target of Enact stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Enact's last price of $32.36. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 05, 2024 | BTIG | Buy | Buy | Hold |
| May 21, 2024 | UBS | Neutral | Neutral | Hold |
| May 06, 2024 | BTIG | Buy | Buy | Hold |
| May 09, 2023 | Goldman Sachs | Neutral | Downgrade | |
| May 09, 2023 | Atlantic Equities | Neutral | Downgrade | |
| May 09, 2023 | Oppenheimer | Perform | Downgrade | |
| May 09, 2023 | New Street | Buy | Initialise | |
| May 09, 2023 | Barclays | Underweight | Downgrade | |
| May 09, 2023 | Guggenheim | Buy | Upgrade | |
| May 09, 2023 | Jefferies | Buy | Upgrade | |
| May 09, 2023 | Bank of America Securities | Neutral | Upgrade | |
| Feb 08, 2023 | Keefe, Bruyette & Woods | Outperform | Upgrade | |
| Jul 08, 2022 | BTIG | Buy | Buy | Hold |
Enact's last stock rating was published by BTIG on Aug 05, 2024. The company gave ACT a "Buy" rating, the same as its previous rate.
Enact Financial Forecast
Enact Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $296.19M | $299.04M | $277.52M | $280.94M | $276.84M | $275.07M | $273.54M | $173.00K | $272.88M | $280.44M |
| Avg Forecast | $337.34M | $332.34M | $326.82M | $323.09M | $323.11M | $321.41M | $314.10M | $309.27M | $309.37M | $305.79M | $299.40M | $294.12M | $276.83M | $259.87M | $251.44M | $226.17M | $237.97M | $238.05M | $235.93M | $272.33M | $279.53M | $280.01M |
| High Forecast | $340.04M | $335.01M | $329.44M | $325.68M | $325.70M | $323.99M | $316.62M | $311.75M | $311.85M | $305.83M | $299.40M | $294.12M | $279.05M | $263.72M | $253.46M | $227.98M | $239.88M | $238.05M | $235.93M | $272.33M | $279.53M | $280.01M |
| Low Forecast | $335.64M | $330.68M | $325.18M | $321.47M | $321.49M | $319.80M | $312.52M | $307.71M | $307.82M | $305.76M | $299.40M | $294.12M | $275.44M | $255.06M | $250.18M | $225.03M | $236.77M | $238.05M | $235.93M | $272.33M | $279.53M | $280.01M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.15% | 1.10% | 1.24% | 1.16% | 1.16% | 1.16% | 0.00% | 0.98% | 1.00% |
Enact's average Quarter revenue forecast for Mar 24 based on 1 analysts is $294.12M, with a low forecast of $294.12M, and a high forecast of $294.12M. ACT's average Quarter revenue forecast represents a -0.70% decrease compared to the company's last Quarter revenue of $296.19M (Dec 23).
Enact EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $213.10M | $213.06M | $237.58M | $196.04M | $257.52M | $273.67M | $222.68M | $207.64M | $187.37M |
| Avg Forecast | $28.47M | $28.04M | $27.58M | $27.26M | $27.27M | $27.12M | $26.51M | $26.10M | $26.11M | $25.80M | $25.26M | $24.82M | $23.36M | $21.93M | $21.22M | $19.09M | $20.08M | $128.97M | $127.82M | $177.62M | $151.44M | $178.00M |
| High Forecast | $28.69M | $28.27M | $27.80M | $27.48M | $27.48M | $27.34M | $26.72M | $26.31M | $26.32M | $25.81M | $25.26M | $24.82M | $23.55M | $22.25M | $21.39M | $19.24M | $20.24M | $128.97M | $127.82M | $213.14M | $151.44M | $213.60M |
| Low Forecast | $28.32M | $27.90M | $27.44M | $27.13M | $27.13M | $26.99M | $26.37M | $25.97M | $25.98M | $25.80M | $25.26M | $24.82M | $23.24M | $21.52M | $21.11M | $18.99M | $19.98M | $128.97M | $127.82M | $142.09M | $151.44M | $142.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.72% | 10.04% | 12.45% | 9.76% | 2.00% | 2.14% | 1.25% | 1.37% | 1.05% |
1 analysts predict ACT's average Quarter EBITDA for Dec 23 to be $23.36M, with a high of $23.55M and a low of $23.24M. This is -89.04% lower than Enact's previous annual EBITDA (Sep 23) of $213.10M.
Enact Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $157.31M | $164.19M | $168.02M | $175.99M | $143.81M | $190.99M | $204.74M | $164.63M | $153.53M | $137.21M |
| Avg Forecast | $179.84M | $181.25M | $182.27M | $172.96M | $160.68M | $165.80M | $173.19M | $166.16M | $162.53M | $156.69M | $157.20M | $150.14M | $144.17M | $139.66M | $131.19M | $125.79M | $132.14M | $137.78M | $138.64M | $131.31M | $131.26M | $130.35M |
| High Forecast | $181.72M | $183.14M | $184.17M | $174.77M | $162.35M | $167.53M | $175.00M | $167.89M | $171.31M | $156.84M | $157.21M | $150.15M | $145.68M | $152.21M | $132.55M | $127.11M | $133.52M | $137.78M | $138.64M | $157.57M | $131.26M | $156.42M |
| Low Forecast | $178.67M | $180.07M | $181.08M | $171.84M | $159.63M | $164.72M | $172.06M | $165.07M | $152.28M | $156.54M | $157.19M | $150.12M | $143.23M | $125.54M | $130.33M | $124.97M | $131.28M | $137.78M | $138.64M | $105.05M | $131.26M | $104.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.18% | 1.28% | 1.40% | 1.09% | 1.39% | 1.48% | 1.25% | 1.17% | 1.05% |
Enact's average Quarter net income forecast for Mar 24 is $150.14M, with a range of $150.12M to $150.15M. ACT's average Quarter net income forecast represents a -4.56% decrease compared to the company's last Quarter net income of $157.31M (Dec 23).
Enact SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| High Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Low Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Enact's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to ACT last annual SG&A of $NaN (undefined).
Enact EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.98 | $1.03 | $1.04 | $1.08 | $0.88 | $1.17 | $1.26 | $1.01 | $0.94 | $0.84 |
| Avg Forecast | $1.15 | $1.15 | $1.16 | $1.10 | $1.02 | $1.06 | $1.10 | $1.06 | $1.04 | $1.00 | $1.00 | $0.96 | $0.92 | $0.89 | $0.84 | $0.80 | $0.84 | $0.87 | $0.87 | $0.84 | $0.83 | $0.80 |
| High Forecast | $1.16 | $1.17 | $1.17 | $1.11 | $1.03 | $1.07 | $1.11 | $1.07 | $1.09 | $1.00 | $1.00 | $0.96 | $0.93 | $0.97 | $0.84 | $0.81 | $0.85 | $0.87 | $0.87 | $0.84 | $0.83 | $0.80 |
| Low Forecast | $1.14 | $1.15 | $1.15 | $1.09 | $1.02 | $1.05 | $1.10 | $1.05 | $0.97 | $1.00 | $1.00 | $0.96 | $0.91 | $0.80 | $0.83 | $0.80 | $0.84 | $0.87 | $0.87 | $0.84 | $0.83 | $0.80 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.16% | 1.24% | 1.35% | 1.05% | 1.35% | 1.44% | 1.20% | 1.14% | 1.04% |
According to 1 Wall Street analysts, Enact's projected average Quarter EPS for Mar 24 is $0.96, with a low estimate of $0.96 and a high estimate of $0.96. This represents a -2.43% decrease compared to ACT previous annual EPS of $0.98 (Dec 23).
Enact Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| JRVR | James River Group | $4.84 | $11.50 | 137.60% | Buy |
| MBI | MBIA | $6.10 | $14.00 | 129.51% | Buy |
| ESNT | Essent Group | $54.06 | $98.50 | 82.20% | Buy |
| AMBC | Ambac Financial Group | $12.34 | $18.00 | 45.87% | Buy |
| NMIH | NMI | $36.72 | $46.00 | 25.27% | Buy |
| MTG | MGIC Investment | $23.69 | $23.00 | -2.91% | Buy |
| AGO | Assured Guaranty | $89.58 | $84.00 | -6.23% | Buy |
| ACT | Enact | $32.36 | $30.33 | -6.27% | Buy |
| RDN | Radian Group | $31.82 | $27.63 | -13.17% | Buy |