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Enact Holdings posts strong Q1 2026 revenue and net income despite low home sales activity

Company Fundamentals
09 May 2026
Seeking Alpha
View Source
Bullish
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Enact Holdings reported Q1 2026 revenue of $312.1 million, driven mainly by premiums (78%) and a significant rise in investment income year-over-year. The company achieved a net income of $167.8 million, with earnings per share increasing due to substantial share buybacks. Despite a slow housing market, Enact Holdings has maintained strong total returns compared to peers and the broader market. Genworth Financial continues to hold an 80% stake in ACT, which remains a key contributor to Genworth's financial results.

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