Enact Q3 2024 net income rises to $181 million from $164 million a year earlier
Enact Holdings reported third quarter 2024 GAAP net income of $181 million, or $1.15 per diluted share, up from $164 million, or $1.02 per share, a year earlier but slightly below the second quarter's $184 million. Adjusted operating income was $182 million, or $1.16 per share, down from $201 million in the second quarter, and the company expects full-year capital return at the higher end of its $300 million to $350 million range.
Key points
- Net income $181 million ($1.15 diluted EPS) vs. $184 million ($1.16) in Q2 2024 and $164 million ($1.02) in Q3 2023
- Adjusted operating income $182 million ($1.16 per diluted share) vs. $201 million ($1.27) in Q2 2024
- Record primary insurance in-force of $268 billion, up 2% from Q3 2023; new insurance written about $14 billion, down 6% year over year
- Quarterly dividend of $0.185 per share payable December 5, 2024; full-year capital return expected at the higher end of $300 million to $350 million
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.