Enact Holdings' low P/E ratio is due to predicted earnings drop. Shareholders accept this, acknowledging future earnings may not be positive. The share price is unlikely to rise significantly soon. The P/E could fall further if profitability doesn't improve.
Enact CEO is confident in the company's performance and capital position, enabling the declaration of a special cash dividend. Enact is committed to a balanced approach to capital allocation, striving for business investment, and shareholder value.
Captain moo
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Enact Holdings has applied to raise US$259 million in an initial public offering. Estimated IPO pricing date: September 15, 2021 Eastern Time; Stock code: ACT. The company provides mortgage insurance products for residential mortgage loans in the United States. ACT grew significantly during the pandemic, leading to a surge in refinancing activities, but its IPO did not look so attractive.$Enact Holdings (ACT.US)$
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phLz
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From their financial point of view, the net income is uneven
Enact Holdings Stock Forum
Estimated IPO pricing date: September 15, 2021 Eastern Time; Stock code: ACT.
The company provides mortgage insurance products for residential mortgage loans in the United States.
ACT grew significantly during the pandemic, leading to a surge in refinancing activities, but its IPO did not look so attractive. $Enact Holdings (ACT.US)$
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