ESNT vs. MTG, RDN, AGO, ORI, NMIH, BOKF, AIRC, ADC, FAF, and SSB
Should you be buying Essent Group stock or one of its competitors? The main competitors of Essent Group include MGIC Investment (MTG), Radian Group (RDN), Assured Guaranty (AGO), Old Republic International (ORI), NMI (NMIH), BOK Financial (BOKF), Apartment Income REIT (AIRC), Agree Realty (ADC), First American Financial (FAF), and SouthState (SSB). These companies are all part of the "finance" sector.
MGIC Investment (NYSE:MTG) and Essent Group (NYSE:ESNT) are both mid-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, community ranking, earnings, dividends, analyst recommendations, valuation and media sentiment.
MGIC Investment received 50 more outperform votes than Essent Group when rated by MarketBeat users. Likewise, 67.27% of users gave MGIC Investment an outperform vote while only 65.70% of users gave Essent Group an outperform vote.
MGIC Investment has a net margin of 62.85% compared to MGIC Investment's net margin of 61.40%. Essent Group's return on equity of 15.00% beat MGIC Investment's return on equity.
MGIC Investment has higher revenue and earnings than Essent Group. MGIC Investment is trading at a lower price-to-earnings ratio than Essent Group, indicating that it is currently the more affordable of the two stocks.
In the previous week, MGIC Investment had 3 more articles in the media than Essent Group. MarketBeat recorded 17 mentions for MGIC Investment and 14 mentions for Essent Group. Essent Group's average media sentiment score of 0.87 beat MGIC Investment's score of 0.57 indicating that MGIC Investment is being referred to more favorably in the media.
95.6% of MGIC Investment shares are owned by institutional investors. Comparatively, 93.0% of Essent Group shares are owned by institutional investors. 1.6% of MGIC Investment shares are owned by insiders. Comparatively, 3.2% of Essent Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
MGIC Investment has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500. Comparatively, Essent Group has a beta of 1.05, indicating that its share price is 5% more volatile than the S&P 500.
MGIC Investment presently has a consensus price target of $21.08, indicating a potential upside of 0.40%. Essent Group has a consensus price target of $58.38, indicating a potential upside of 5.18%. Given MGIC Investment's stronger consensus rating and higher possible upside, analysts plainly believe Essent Group is more favorable than MGIC Investment.
MGIC Investment pays an annual dividend of $0.46 per share and has a dividend yield of 2.2%. Essent Group pays an annual dividend of $1.12 per share and has a dividend yield of 2.0%. MGIC Investment pays out 17.7% of its earnings in the form of a dividend. Essent Group pays out 16.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. MGIC Investment has raised its dividend for 3 consecutive years and Essent Group has raised its dividend for 5 consecutive years.
Summary
MGIC Investment beats Essent Group on 12 of the 21 factors compared between the two stocks.
Get Essent Group News Delivered to You Automatically
Sign up to receive the latest news and ratings for ESNT and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding ESNT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Essent Group Competitors List
Related Companies and Tools
