NYSE:ESNT Essent Group (ESNT) Stock Forecast, Price & News $48.84 +0.45 (+0.93%) (As of 02:32 PM ET) Add Compare Share Share Today's Range$48.14▼$48.9250-Day Range$48.39▼$53.2152-Week Range$34.27▼$53.66Volume82,418 shsAverage Volume463,112 shsMarket Capitalization$5.23 billionP/E Ratio7.84Dividend Yield2.05%Price Target$54.29 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Essent Group MarketRank™ ForecastAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside11.8% Upside$54.29 Price TargetShort InterestHealthy0.74% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$1.29 M Sold Last QuarterProj. Earnings Growth5.64%From $6.38 to $6.74 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.55 out of 5 starsFinance Sector263rd out of 852 stocksSurety Insurance Industry3rd out of 8 stocks 2.3 Analyst's Opinion Consensus RatingEssent Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $54.29, Essent Group has a forecasted upside of 11.8% from its current price of $48.55.Amount of Analyst CoverageEssent Group has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.74% of the float of Essent Group has been sold short.Short Interest Ratio / Days to CoverEssent Group has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Essent Group has recently decreased by 4.16%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldEssent Group pays a meaningful dividend of 2.07%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEssent Group has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Essent Group is 16.05%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Essent Group will have a dividend payout ratio of 14.84% next year. This indicates that Essent Group will be able to sustain or increase its dividend. Previous Next 1.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEssent Group has received a -10.62% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "Societal stability & understanding among people", and "GHG emissions". The negative contribution in the "Societal stability & understanding among people" impact category seems to be driven mostly by its "Subprime mortgages" and "Mortgages" products. See details.Environmental SustainabilityThe Environmental Impact score for Essent Group is -0.45. Previous Next 1.6 News and Social Media Coverage News SentimentEssent Group has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Essent Group this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for ESNT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Essent Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Essent Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,294,776.00 in company stock.Percentage Held by InsidersOnly 3.10% of the stock of Essent Group is held by insiders.Percentage Held by Institutions91.77% of the stock of Essent Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Essent Group are expected to grow by 5.64% in the coming year, from $6.38 to $6.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Essent Group is 7.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Essent Group is 7.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 79.99.Price to Earnings Growth RatioEssent Group has a PEG Ratio of 0.76. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioEssent Group has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Essent Group (NYSE:ESNT) StockEssent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its mortgage insurance products include primary, pool, and master policy. The company also provides information technology maintenance and development services; customer support-related services; underwriting consulting; and contract underwriting services. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. Essent Group Ltd. was founded in 2008 and is based in Hamilton, Bermuda.Read More ESNT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ESNT Stock News HeadlinesSeptember 18, 2023 | americanbankingnews.comHead-To-Head Survey: Essent Group (NYSE:ESNT) & Trisura Group (OTCMKTS:TRRSF)August 26, 2023 | seekingalpha.comEssent Group: Insurances Grow And So Does The Buy CaseSeptember 25, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.August 11, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Credicorp (BAP) and Essent Group (ESNT)August 9, 2023 | finance.yahoo.comEssent Group Ltd. Announces Closing of $281.5 Million Reinsurance Transaction and Related Mortgage Insurance-Linked NotesAugust 8, 2023 | msn.comGoldman Sachs Maintains Essent Group (ESNT) Neutral RecommendationAugust 8, 2023 | markets.businessinsider.com5 Analysts Have This to Say About Essent GroupAugust 7, 2023 | finance.yahoo.comEssent Group Ltd. (NYSE:ESNT) Q2 2023 Earnings Call TranscriptSeptember 25, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.August 5, 2023 | msn.comBTIG Maintains Essent Group (ESNT) Buy RecommendationAugust 4, 2023 | finance.yahoo.comEssent Group Ltd. Announces Second Quarter 2023 Results and Declares Quarterly DividendAugust 4, 2023 | finance.yahoo.comEssent Group (ESNT) Tops Q2 Earnings and Revenue EstimatesAugust 3, 2023 | benzinga.comEarnings Preview For Essent GroupAugust 3, 2023 | markets.businessinsider.comHere's what Wall Street expects from Essent Group's earningsJuly 15, 2023 | markets.businessinsider.comEssent Group Ltd hosts conference call for investorsJuly 12, 2023 | finance.yahoo.comEssent Group Ltd. Schedules Second Quarter Earnings Conference Call for August 4, 2023July 10, 2023 | bizjournals.comEssent Group completes $100M acquisition of Finance of America mortgage insurance subsidiariesJuly 8, 2023 | finance.yahoo.comInvestors in Essent Group (NYSE:ESNT) have seen respectable returns of 50% over the past three yearsJuly 6, 2023 | finance.yahoo.com12 Best Extremely Profitable Stocks to BuyJuly 6, 2023 | businesswire.comFinance of America Issues Statement on the Sale of Incenter’s Title Insurance BusinessJune 13, 2023 | markets.businessinsider.comExpert Ratings for Essent GroupMay 29, 2023 | markets.businessinsider.comBTIG Sticks to Its Buy Rating for Essent Group (ESNT)May 10, 2023 | finance.yahoo.comClever Real Estate Secures $2 Million From Strategic InvestorsMay 8, 2023 | msn.comKeefe, Bruyette & Woods Maintains Essent Group (ESNT) Outperform RecommendationMay 8, 2023 | msn.comRBC Capital Maintains Essent Group (ESNT) Outperform RecommendationMay 7, 2023 | finance.yahoo.comEssent Group Ltd. (NYSE:ESNT) Q1 2023 Earnings Call TranscriptMay 6, 2023 | seekingalpha.comEssent Group GAAP EPS of $1.59 beats by $0.14, revenue of $256.2M beats by $5.63MSee More Headlines Receive ESNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Essent Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ESNT Company Calendar Last Earnings8/04/2023Ex-Dividend for 9/11 Dividend8/31/2023Dividend Payable9/11/2023Today9/25/2023Next Earnings (Estimated)11/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Surety insurance Sub-IndustryN/A SectorFinance Current SymbolNYSE:ESNT CUSIPN/A CIK1448893 Webwww.essentgroup.com Phone(441) 297-9901FaxN/AEmployees347Year Founded2008Price Target and Rating Average Stock Price Forecast$54.29 High Stock Price Forecast$59.00 Low Stock Price Forecast$43.00 Forecasted Upside/Downside+12.4%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$6.23 Trailing P/E Ratio7.75 Forward P/E Ratio7.57 P/E Growth0.76Net Income$831.35 million Net Margins66.31% Pretax Margin78.81% Return on Equity14.74% Return on Assets11.53% Debt Debt-to-Equity RatioN/A Current Ratio0.81 Quick Ratio0.81 Sales & Book Value Annual Sales$1.00 billion Price / Sales5.16 Cash Flow$7.91 per share Price / Cash Flow6.11 Book Value$41.43 per share Price / Book1.17Miscellaneous Outstanding Shares106,990,000Free Float103,671,000Market Cap$5.17 billion OptionableOptionable Beta1.13 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Mark Anthony Casale (Age 58)Chairman, CEO & Pres Comp: $4.5MMr. David Bruce Weinstock (Age 57)CFO & Sr. VP Comp: $866.34kMs. Mary Lourdes Gibbons (Age 61)Sr. VP, Chief Legal Officer & Assistant Sec. Comp: $1.42MMr. Vijay Bhasin (Age 58)Chief Risk Officer & Sr. VP Comp: $1.24MMr. Christopher G. CurranPres of Essent Guaranty, Inc.Mr. William Daniel KaiserSr. VP & COOTheodore GraySr. VP & Chief Information OfficerMr. Philip Michael StefanoVP of Investor RelationsWei DingSr. VP of Corp. Devel.William P. HigginsSr. VP of Essent VenturesMore ExecutivesKey CompetitorsMGIC InvestmentNYSE:MTGRadian GroupNYSE:RDNAssured GuarantyNYSE:AGOOld Republic InternationalNYSE:ORINMINASDAQ:NMIHView All CompetitorsInsiders & InstitutionsBarclays PLCSold 9,228 shares on 9/21/2023Ownership: 0.095%Mary Lourdes GibbonsSold 15,000 sharesTotal: $747,000.00 ($49.80/share)Virginia Retirement Systems ET ALBought 229,579 shares on 8/22/2023Ownership: 0.215%California State Teachers Retirement SystemSold 3,469 shares on 8/21/2023Ownership: 0.122%Teachers Retirement System of The State of KentuckyBought 1,774 shares on 8/21/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions ESNT Stock - Frequently Asked Questions Should I buy or sell Essent Group stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ESNT shares. View ESNT analyst ratings or view top-rated stocks. What is Essent Group's stock price forecast for 2023? 7 brokerages have issued twelve-month price targets for Essent Group's shares. Their ESNT share price forecasts range from $43.00 to $59.00. On average, they predict the company's share price to reach $54.29 in the next year. This suggests a possible upside of 12.4% from the stock's current price. View analysts price targets for ESNT or view top-rated stocks among Wall Street analysts. How have ESNT shares performed in 2023? Essent Group's stock was trading at $38.88 on January 1st, 2023. Since then, ESNT stock has increased by 24.2% and is now trading at $48.30. View the best growth stocks for 2023 here. Are investors shorting Essent Group? Essent Group saw a decrease in short interest in the month of August. As of August 15th, there was short interest totaling 800,400 shares, a decrease of 9.6% from the July 31st total of 885,500 shares. Based on an average daily volume of 454,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.8% of the company's stock are short sold. View Essent Group's Short Interest. When is Essent Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023. View our ESNT earnings forecast. How were Essent Group's earnings last quarter? Essent Group Ltd. (NYSE:ESNT) released its quarterly earnings data on Friday, August, 4th. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.51 by $0.10. The financial services provider had revenue of $260.10 million for the quarter, compared to analysts' expectations of $262.07 million. Essent Group had a trailing twelve-month return on equity of 14.74% and a net margin of 66.31%. The firm's quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.16 EPS. How often does Essent Group pay dividends? What is the dividend yield for Essent Group? Essent Group announced a quarterly dividend on Friday, August 4th. Investors of record on Friday, September 1st will be given a dividend of $0.25 per share on Monday, September 11th. This represents a $1.00 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend is Thursday, August 31st. Read our dividend analysis for ESNT. What ETFs hold Essent Group's stock? ETFs with the largest weight of Essent Group (NYSE:ESNT) stock in their portfolio include Invesco S&P MidCap Low Volatility ETF (XMLV), Invesco S&P MidCap Value with Momentum ETF (XMVM), Inspire Fidelis Multi Factor ETF (FDLS), Fidelity U.S. Multifactor ETF (FLRG), Global X Founder-Run Companies ETF (BOSS), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), First Trust Active Factor Mid Cap ETF (AFMC) and Fidelity Quality Factor ETF (FQAL). Is Essent Group a good dividend stock? Essent Group (NYSE:ESNT) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.07%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESNT will have a dividend payout ratio of 14.84% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ESNT. What is Mark A. Casale's approval rating as Essent Group's CEO? 6 employees have rated Essent Group Chief Executive Officer Mark A. Casale on Glassdoor.com. Mark A. Casale has an approval rating of 100% among the company's employees. This puts Mark A. Casale in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Essent Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Essent Group investors own include Alibaba Group (BABA), NVIDIA (NVDA), Verizon Communications (VZ), QUALCOMM (QCOM), Walt Disney (DIS), Intel (INTC), Home Depot (HD), CVS Health (CVS), Procter & Gamble (PG) and What is Essent Group's stock symbol? Essent Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESNT." Who are Essent Group's major shareholders? Essent Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.82%), State Street Corp (3.74%), Cooke & Bieler LP (3.51%), Dimensional Fund Advisors LP (3.19%), Polar Capital Holdings Plc (2.49%) and Geode Capital Management LLC (2.15%). Insiders that own company stock include Aditya Dutt, David B Weinstock, David B Weinstock, Douglas J Pauls, Lawrence E Mcalee Jr, Mark Casale, Mary Lourdes Gibbons, Robert Glanville, Roy James Kasmar, Vijay Bhasin and William Spiegel. View institutional ownership trends. How do I buy shares of Essent Group? Shares of ESNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Essent Group's stock price today? One share of ESNT stock can currently be purchased for approximately $48.30. How much money does Essent Group make? Essent Group (NYSE:ESNT) has a market capitalization of $5.17 billion and generates $1.00 billion in revenue each year. The financial services provider earns $831.35 million in net income (profit) each year or $6.23 on an earnings per share basis. How many employees does Essent Group have? The company employs 347 workers across the globe. How can I contact Essent Group? Essent Group's mailing address is 2 CHURCH STREET, HAMILTON D0, HM 11. The official website for the company is www.essentgroup.com. The financial services provider can be reached via phone at (441) 297-9901 or via email at ir@essentgroup.com. This page (NYSE:ESNT) was last updated on 9/25/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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