Essent Group Company Profile (NYSE:ESNT)

About Essent Group

Essent Group logoEssent Group Ltd. is a private mortgage insurance company. The Company is engaged in serving the United States housing finance industry. It offers private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The primary mortgage insurance operations are conducted through Essent Guaranty, Inc. (Essent Guaranty), a subsidiary of the company, which maintains operations centers and operates additional underwriting and service centers in Winston-Salem, North Carolina and Irvine, California. Essent Guaranty is a mortgage insurer and is licensed to write mortgage insurance in all 50 states and the District of Columbia. The Company offers primary and pool private mortgage insurance. Primary mortgage insurance provides protection on individual loans at specified coverage percentages. Pool insurance is used to provide additional credit for certain secondary market and other mortgage transactions.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Mortgage Investment
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: ESNT
  • CUSIP:
Key Metrics:
  • Previous Close: $34.40
  • 50 Day Moving Average: $34.34
  • 200 Day Moving Average: $29.87
  • 52-Week Range: $19.12 - $38.10
  • Trailing P/E Ratio: 14.27
  • Foreward P/E Ratio: 10.21
  • P/E Growth: 0.63
  • Market Cap: $3.21B
  • Outstanding Shares: 93,390,000
  • Beta: 1.19
Profitability:
  • Net Margins: 48.58%
  • Return on Equity: 17.85%
  • Return on Assets: 13.25%
Debt:
  • Current Ratio: 0.61%
  • Quick Ratio: 0.61%
Additional Links:
Companies Related to Essent Group:

Analyst Ratings

Consensus Ratings for Essent Group (NYSE:ESNT) (?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $30.36 (11.75% downside)

Analysts' Ratings History for Essent Group (NYSE:ESNT)
Show:
DateFirmActionRatingPrice TargetDetails
2/12/2017BTIG ResearchReiterated RatingHoldView Rating Details
1/20/2017Deutsche Bank AGInitiated CoverageBuy$38.00View Rating Details
1/8/2017Barclays PLCSet Price TargetBuy$40.00View Rating Details
10/27/2016Bank of America CorpDowngradeNeutral -> Underperform$29.00View Rating Details
8/8/2016Credit Suisse GroupReiterated RatingHoldView Rating Details
8/5/2016J P Morgan Chase & CoBoost Price TargetOverweight$26.50 -> $29.00View Rating Details
8/5/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$26.00 -> $26.50View Rating Details
8/5/2016Compass PointBoost Price TargetNeutral$24.00 -> $26.00View Rating Details
2/16/2016MKM PartnersLower Price TargetNeutral$28.00 -> $18.00View Rating Details
1/13/2016Goldman Sachs Group, Inc. (The)Lower Price Target$29.00 -> $27.00View Rating Details
10/8/2015MacquarieLower Price TargetOutperform$33.00 -> $31.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Essent Group (NYSE:ESNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
2/10/2017Q416$0.63$0.68$121.50 million$126.37 millionViewN/AView Earnings Details
11/4/2016Q316$0.58$0.65$112.13 million$121.25 millionViewN/AView Earnings Details
8/4/2016Q216$0.53$0.57$105.30 million$108.50 millionViewN/AView Earnings Details
5/5/2016Q116$0.50$0.52$100.27 million$102.46 millionViewN/AView Earnings Details
2/12/2016Q415$0.47$0.48$96.30 million$97.50 millionViewListenView Earnings Details
11/5/2015Q315$0.44$0.44$90.21 million$91.70 millionViewN/AView Earnings Details
8/7/2015Q215$0.40$0.41$84.33 million$84.10 millionViewN/AView Earnings Details
5/8/2015Q115$0.35$0.38$78.80 million$80.00 millionViewN/AView Earnings Details
2/13/2015Q414$0.31$0.33$69.55 millionViewN/AView Earnings Details
11/6/2014Q314$0.26$0.29$60.50 million$64.60 millionViewN/AView Earnings Details
8/8/2014Q214$0.21$0.23$53.51 million$54.30 millionViewN/AView Earnings Details
5/8/2014Q114$0.18$0.18$48.09 million$47.82 millionViewN/AView Earnings Details
2/28/2014Q413$0.23$0.23$36.40 million$42.35 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Essent Group (NYSE:ESNT)
Current Year EPS Consensus Estimate: $2.92 EPS
Next Year EPS Consensus Estimate: $3.37 EPS

Dividends

Dividend History for Essent Group (NYSE:ESNT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Essent Group (NYSE:ESNT)
Insider Ownership Percentage: 20.70%
Institutional Ownership Percentage: 85.37%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/25/2017Vijay BhasinSVPSell13,131$34.06$447,241.86View SEC Filing  
1/18/2017Vijay BhasinSVPSell10,000$32.02$320,200.00View SEC Filing  
1/4/2017Mark CasaleCEOSell250,000$32.59$8,147,500.00View SEC Filing  
12/15/2016(Cayman) Co PbraInsiderSell101,550$32.23$3,272,956.50View SEC Filing  
12/12/2016Robert GlanvilleDirectorSell3,000$33.73$101,190.00View SEC Filing  
11/11/2016Lawrence E Mcalee JrCFOSell7,404$29.80$220,639.20View SEC Filing  
10/19/2016Lawrence E Mcalee JrCFOSell3,000$28.50$85,500.00View SEC Filing  
10/12/2016Lawrence E Mcalee JrCFOSell2,000$27.50$55,000.00View SEC Filing  
9/21/2016Lawrence E Mcalee JrCFOSell6,020$27.17$163,563.40View SEC Filing  
9/19/2016Mary Lourdes GibbonsSVPSell7,500$27.83$208,725.00View SEC Filing  
8/16/2016Jeff CashmerSVPSell24,000$26.15$627,600.00View SEC Filing  
7/6/2016Andrew TurnbullDirectorBuy36,353$21.33$775,409.49View SEC Filing  
5/19/2016(Cayman) Co PbraInsiderBuy15,534$19.64$305,087.76View SEC Filing  
5/16/2016Jeff CashmerSVPSell24,000$20.15$483,600.00View SEC Filing  
3/15/2016(Cayman) Co PbraInsiderBuy265,017$19.56$5,183,732.52View SEC Filing  
3/10/2016(Cayman) Co PbraInsiderBuy143,097$19.50$2,790,391.50View SEC Filing  
3/9/2016(Cayman) Co PbraInsiderBuy289,838$19.42$5,628,653.96View SEC Filing  
3/8/2016Robert GlanvilleDirectorBuy1,000$19.31$19,310.00View SEC Filing  
2/24/2016(Cayman) Co PbraInsiderBuy264,436$19.10$5,050,727.60View SEC Filing  
2/23/2016(Cayman) Co PbraMajor ShareholderBuy95,000$19.29$1,832,550.00View SEC Filing  
2/22/2016(Cayman) Co PbraMajor ShareholderBuy119,397$19.40$2,316,301.80View SEC Filing  
2/18/2016(Cayman) Co PbraInsiderBuy68,572$18.14$1,243,896.08View SEC Filing  
11/16/2015Robert GlanvilleDirectorBuy1,000$23.10$23,100.00View SEC Filing  
8/18/2015Robert GlanvilleDirectorBuy1,000$27.65$27,650.00View SEC Filing  
8/14/2015(Cayman) Co PbraInsiderSell2,600,000$27.25$70,850,000.00View SEC Filing  
8/12/2015Robert GlanvilleDirectorBuy1,000$27.53$27,530.00View SEC Filing  
6/15/2015Lawrence E Mcalee JrCFOSell4,000$26.75$107,000.00View SEC Filing  
6/15/2015Mary Lourdes GibbonsSVPSell8,000$27.00$216,000.00View SEC Filing  
6/9/2015Robert GlanvilleDirectorBuy1,000$24.81$24,810.00View SEC Filing  
6/4/2015Robert GlanvilleDirectorBuy1,000$25.45$25,450.00View SEC Filing  
6/2/2015Robert GlanvilleDirectorBuy1,000$25.55$25,550.00View SEC Filing  
5/8/2015Lawrence E Mcalee JrCFOSell2,000$26.00$52,000.00View SEC Filing  
5/8/2015Mary Lourdes GibbonsSVPSell3,900$26.00$101,400.00View SEC Filing  
4/27/2015Mary Lourdes GibbonsSVPSell100$26.00$2,600.00View SEC Filing  
4/15/2015Lawrence E Mcalee JrCFOSell2,000$25.00$50,000.00View SEC Filing  
4/15/2015Mary Lourdes GibbonsSVPSell4,000$25.00$100,000.00View SEC Filing  
2/20/2015Adolfo MarzolEVPSell100,000$23.66$2,366,000.00View SEC Filing  
11/26/2014Goldman Sachs Group IncMajor ShareholderBuy40,000$24.60$984,000.00View SEC Filing  
11/25/2014(Cayman) Co PbraInsiderSell2,514,662$22.25$55,951,229.50View SEC Filing  
11/25/2014Adolfo MarzolEVPSell73,240$22.25$1,629,590.00View SEC Filing  
11/25/2014Goldman Sachs Group IncMajor ShareholderSell732,402$21.25$15,563,542.50View SEC Filing  
11/24/2014Goldman Sachs Group IncMajor ShareholderBuy45,000$23.92$1,076,400.00View SEC Filing  
11/21/2014Goldman Sachs Group IncMajor ShareholderBuy20,000$24.04$480,800.00View SEC Filing  
8/27/2014Adolfo MarzolEVPSell50,000$21.05$1,052,500.00View SEC Filing  
11/5/2013(Cayman) Co PbraInsiderBuy1,000,000$17.00$17,000,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Essent Group (NYSE:ESNT)
DateHeadline
finance.yahoo.com logoWhy You Should Buy MarketAxess Holdings (MKTX) Stock Now (NYSE:ESNT)
au.finance.yahoo.com - February 22 at 5:18 PM
capitalcube.com logoEssent Group Ltd. :ESNT-US: Earnings Analysis: 2016 By the Numbers : February 14, 2017 (NYSE:ESNT)
www.capitalcube.com - February 14 at 5:59 PM
capitalcube.com logoEssent Group Ltd. :ESNT-US: Earnings Analysis: Q4, 2016 By the Numbers : February 13, 2017 (NYSE:ESNT)
www.capitalcube.com - February 13 at 5:52 PM
finance.yahoo.com logoEdited Transcript of ESNT earnings conference call or presentation 10-Feb-17 3:00pm GMT (NYSE:ESNT)
finance.yahoo.com - February 10 at 10:36 PM
finance.yahoo.com logoEssent Group Ltd. Reports Fourth Quarter and Full Year 2016 Results (NYSE:ESNT)
in.finance.yahoo.com - February 10 at 5:34 PM
sg.finance.yahoo.com logoEssent Group beats 4Q profit forecasts (NYSE:ESNT)
sg.finance.yahoo.com - February 10 at 5:34 PM
biz.yahoo.com logoQ4 2016 Essent Group Ltd Earnings Release - Before Market Open (NYSE:ESNT)
biz.yahoo.com - February 10 at 5:34 PM
finance.yahoo.com logoEssent Guaranty Announces Enhanced Integration with Mortgage Cadence’s Enterprise Lending Center Loan Origination System (NYSE:ESNT)
finance.yahoo.com - February 7 at 6:16 PM
investors.com logoWhat Do Facebook, Mobileye Have In Common With Essent? (NYSE:ESNT)
www.investors.com - January 24 at 5:42 PM
us.rd.yahoo.com logoCoverage initiated on Essent Group by Deutsche Bank (NYSE:ESNT)
us.rd.yahoo.com - January 21 at 4:59 PM
finance.yahoo.com logoEssent Group Ltd. Schedules Fourth Quarter Earnings Conference Call on February 10, 2017 (NYSE:ESNT)
finance.yahoo.com - January 18 at 5:29 PM
finance.yahoo.com logoEssent Group Ltd. Schedules Fourth Quarter Earnings Conference Call on February 10, 2017 (NYSE:ESNT)
finance.yahoo.com - January 18 at 5:29 PM
marketexclusive.com logoInsider Trading Activity Essent Group Ltd. (NYSE:ESNT) – CEO Sold 250,000 shares of Stock (NYSE:ESNT)
marketexclusive.com - January 5 at 5:52 PM
finance.yahoo.com logoEssent Group Ltd (ESNT) Chairman, CEO and President Mark Casale Sold $8.1 million of Shares (NYSE:ESNT)
finance.yahoo.com - January 5 at 4:15 AM
stocksdaily.net logoYearly EPS Estimated Of Essent Group Ltd. (NYSE:ESNT) At $2.59 (NYSE:ESNT)
www.stocksdaily.net - January 3 at 12:13 PM
finance.yahoo.com logoEssent and PCLender Team-Up to Provide Streamlined MI Origination and Quotes through LOS (NYSE:ESNT)
finance.yahoo.com - December 15 at 5:37 PM
finance.yahoo.com logoWill Essent Group (ESNT) Continue to Surge Higher? (NYSE:ESNT)
finance.yahoo.com - December 9 at 9:16 AM
stocksdaily.net logoEssent Group Ltd. (NYSE:ESNT) Ratings in Focus (NYSE:ESNT)
www.stocksdaily.net - December 8 at 1:29 AM
finance.yahoo.com logoEssent Group Ltd. CEO to Present at the J.P. Morgan 2016 FinTech & Specialty Finance Forum (NYSE:ESNT)
finance.yahoo.com - November 23 at 4:45 PM
zacks.com logoEssent Group (ESNT): Strong Industry, Solid Earnings Estimate Revisions (NYSE:ESNT)
www.zacks.com - November 14 at 8:48 AM
finance.yahoo.com logoIs Essent Group (ESNT) a Great Growth Stock? (NYSE:ESNT)
finance.yahoo.com - November 10 at 12:51 PM
capitalcube.com logoETF’s with exposure to Essent Group Ltd. : November 10, 2016 (NYSE:ESNT)
www.capitalcube.com - November 10 at 12:51 PM
capitalcube.com logoEssent Group Ltd. :ESNT-US: Earnings Analysis: Q3, 2016 By the Numbers : November 9, 2016 (NYSE:ESNT)
www.capitalcube.com - November 9 at 1:32 PM
seekingalpha.com logoEssent's (ESNT) CEO Mark Casale on Q3 2016 Results - Earnings Call Transcript (NYSE:ESNT)
seekingalpha.com - November 4 at 9:53 PM
marketexclusive.com logoEssent Group Ltd. (NYSE:ESNT) Files An 8-K Reports Third Quarter 2016 Results (NYSE:ESNT)
marketexclusive.com - November 4 at 3:49 PM
sg.finance.yahoo.com logoEssent Group beats 3Q profit forecasts (NYSE:ESNT)
sg.finance.yahoo.com - November 4 at 8:56 AM
publicnow.com logoEssent Group Ltd. Reports Third Quarter 2016 Results (NYSE:ESNT)
www.publicnow.com - November 4 at 8:56 AM
biz.yahoo.com logoQ3 2016 Essent Group Ltd Earnings Release - Before Market Open (NYSE:ESNT)
biz.yahoo.com - November 4 at 8:56 AM
finance.yahoo.com logoJerome Dodson Comments on Essent Group (NYSE:ESNT)
finance.yahoo.com - November 1 at 5:04 PM
capitalcube.com logoEssent Group Ltd. breached its 50 day moving average in a Bearish Manner : ESNT-US : October 28, 2016 (NYSE:ESNT)
www.capitalcube.com - October 28 at 4:41 PM
investors.com logoCan This Top Mortgage Insurance Stock Find Shelter From The Storm? (NYSE:ESNT)
www.investors.com - October 28 at 4:41 PM
investors.com logoCan This IBD 50 Stock Insure Itself Against A Struggling Market? (NYSE:ESNT)
www.investors.com - October 27 at 4:57 PM
stocksdaily.net logoYearly EPS Estimate Of Essent Group Ltd. (NYSE:ESNT) At $2.51 (NYSE:ESNT)
www.stocksdaily.net - October 20 at 10:21 AM
finance.yahoo.com logoJerome Dodson Trims Essent Group (NYSE:ESNT)
finance.yahoo.com - October 20 at 10:21 AM
News IconUpdate on Essent Group Ltd. (NYSE:ESNT) for the day (NYSE:ESNT)
twincountynews.com - October 15 at 9:42 AM
News IconSVP & Chief Financial Officer of Essent Group Ltd (NYSE:ESNT), Mcalee Lawrence E Jr, sells 2,000 shares worth $55,000 (NYSE:ESNT)
empowerednews.net - October 15 at 9:42 AM
publicnow.com logoEssent Group Ltd. Schedules Third Quarter Earnings Conference Call on November 4, 2016 (NYSE:ESNT)
www.publicnow.com - October 13 at 12:34 PM
investors.com logoWhy Top Stocks Hold Above The 10-Week Moving Average During An Ascent (NYSE:ESNT)
www.investors.com - September 29 at 4:51 PM
finance.yahoo.com logoEssent Group downgraded by BofA/Merrill (NYSE:ESNT)
finance.yahoo.com - September 28 at 4:44 PM
4-traders.com logoEssent : Lawrence Mcalee, SVP & Chief Financial Officer of Essent Group Ltd Just Sold Shares (NYSE:ESNT)
www.4-traders.com - September 24 at 9:30 AM
4-traders.com logoEssent : Pine Brook Road Advisors LP Increased Essent Group LTD by $24.91 Million as Shares Declined (NYSE:ESNT)
www.4-traders.com - September 23 at 9:54 AM
News IconSVP and Chief Legal Officer of Essent Group Ltd (NYSE:ESNT), Gibbons Mary Lourdes, sells 7,500 shares worth $208,725 (NYSE:ESNT)
empowerednews.net - September 22 at 10:28 AM
4-traders.com logoEssent Group Limited (NYSE:ESNT) Shorts Decreased by 18.96% After Short Covering (NYSE:ESNT)
www.4-traders.com - September 20 at 8:39 AM
4-traders.com logoEssent : Robertson Opportunity Capital adds Essent Group Ltd (ESNT) to its portfolio (NYSE:ESNT)
www.4-traders.com - September 16 at 8:36 AM
News IconEssent Group Ltd. (NYSE:ESNT) From The Analysts Point of View (NYSE:ESNT)
www.nationaldailypress.com - September 9 at 9:43 AM
finance.yahoo.com logoWhy Essent Group (ESNT) Stock Might be a Great Pick (NYSE:ESNT)
finance.yahoo.com - August 26 at 4:47 PM
capitalcube.com logoETF’s with exposure to Essent Group Ltd. : August 23, 2016 (NYSE:ESNT)
www.capitalcube.com - August 23 at 4:58 PM
News IconSVP & Chief Business Officer of Essent Group Ltd (NYSE:ESNT), Cashmer Jeff, sells 24,000 shares worth $627,600 (NYSE:ESNT)
empowerednews.net - August 19 at 6:55 AM
stocksdaily.net logoEssent Group Ltd. (NYSE:ESNT) Boasts Rating Of 2.14 (NYSE:ESNT)
www.stocksdaily.net - August 9 at 3:35 PM
capitalcube.com logoEssent Group Ltd. :ESNT-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:ESNT)
www.capitalcube.com - August 8 at 5:02 PM

Social

What is Essent Group's stock symbol?

Essent Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESNT."

Where is Essent Group's stock going? Where will Essent Group's stock price be in 2017?

8 analysts have issued 12-month price objectives for Essent Group's stock. Their forecasts range from $24.00 to $40.00. On average, they anticipate Essent Group's stock price to reach $30.36 in the next year.

When will Essent Group announce their earnings?

Essent Group is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

Who owns Essent Group stock?

Essent Group's stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (8.99%), Pine Brook Road Advisors LP (8.94%), State Street Corp (2.30%), Skyline Asset Management LP (0.89%), Renaissance Technologies LLC (0.77%) and Loomis Sayles & Co. L P (0.65%). Company insiders that own Essent Group stock include (Cayman) Co Pbra, Andrew Turnbull, Jeff Cashmer, Lawrence E Mcalee Jr, Mark Casale, Mary Lourdes Gibbons, Robert Glanville and Vijay Bhasin.

Who sold Essent Group stock? Who is selling Essent Group stock?

Essent Group's stock was sold by a variety of institutional investors in the last quarter, including Pine Brook Road Advisors LP, Loomis Sayles & Co. L P, Renaissance Technologies LLC, Numeric Investors LLC, GSA Capital Partners LLP, Thrivent Financial for Lutherans, Basswood Capital Management L.L.C. and Skyline Asset Management LP. Company insiders that have sold Essent Group stock in the last year include (Cayman) Co Pbra, Jeff Cashmer, Lawrence E Mcalee Jr, Mark Casale, Mary Lourdes Gibbons, Robert Glanville and Vijay Bhasin.

Who bought Essent Group stock? Who is buying Essent Group stock?

Essent Group's stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Dimensional Fund Advisors LP, Investec Asset Management LTD, Two Sigma Investments LP, Russell Investments Group Ltd., Clark Capital Management Group Inc., Federated Investors Inc. PA and Bowling Portfolio Management LLC. Company insiders that have bought Essent Group stock in the last two years include (Cayman) Co Pbra, Andrew Turnbull and Robert Glanville.

How do I buy Essent Group stock?

Shares of Essent Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Essent Group stock cost?

One share of Essent Group stock can currently be purchased for approximately $34.40.

Essent Group (NYSE:ESNT) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Essent Group (NYSE:ESNT)

Earnings History Chart

Earnings by Quarter for Essent Group (NYSE:ESNT)

Dividend History Chart

Dividend Payments by Quarter for Essent Group (NYSE:ESNT)

Last Updated on 2/24/2017 by MarketBeat.com Staff