Enact Holdings achieved a Zacks Rank #1 designation after its consensus earnings estimate for the current year increased by 5% over the past 60 days, reflecting growing analyst confidence in its mortgage insurance business.

Following these estimate upgrades, Enact’s shares rose 10.5% in the last three months while the S&P 500 fell 1.7%, and the company’s Momentum Score of B signals strong momentum relative to peers but room for further acceleration.