|Bid||3.4800 x 36200|
|Ask||3.5200 x 4000|
|Day's Range||3.4500 - 3.6250|
|52 Week Range||2.5600 - 4.7600|
|Beta (5Y Monthly)||0.89|
|PE Ratio (TTM)||4.19|
|Earnings Date||Nov. 02, 2021 - Nov. 08, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Oct. 08, 2008|
|1y Target Est||N/A|
Shares of Enact Holdings Inc, the mortgage insurance unit of insurer Genworth Financial Inc , traded more than 5% higher in their Nasdaq debut on Thursday, giving it a valuation of $3.26 billion. The debut comes after parent Genworth revived Enact's IPO earlier in the week. It had deferred the offering in May, citing excessive market volatility.
Genworth Financial Inc on Monday revived plans for an initial public offering (IPO) of Enact Holdings, aiming for a valuation of more than $3 billion for its mortgage insurance unit, according to a regulatory filing. The company had deferred the IPO https://www.reuters.com/article/us-enact-ipo-idUSKBN2CU0ZR in May due to market volatility, with Chief Executive Officer Tom McInerney saying the market pricing did not accurately reflect the company's value. Enact's existing shareholders plan to raise as much as $266.21 million by selling about 13.31 million shares in the IPO, priced between $19 and $20 per share.
OLDWICK, N.J., September 09, 2021--AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICR of "bb+" (Fair) of Genworth Life and Annuity Insurance Company (GLAIC) (Richmond, VA). The outlook of the FSR is stable. Concurrently, AM Best has affirmed the FSR of C++ (Marginal) and the Long-Term ICRs of "b" (Marginal) of Genworth Life Insurance Company (GLIC) (Wilmi