Essent Group Stock Price, News & Analysis (NYSE:ESNT) $48.17 -0.34 (-0.70%) (As of 12/6/2023 ET) Add Compare Share Share Today's Range$48.08▼$49.2750-Day Range$46.02▼$49.5152-Week Range$36.53▼$53.66Volume396,345 shsAverage Volume457,651 shsMarket Capitalization$5.14 billionP/E Ratio7.73Dividend Yield2.08%Price Target$56.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Essent Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside17.0% Upside$56.38 Price TargetShort InterestHealthy0.68% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews Sentiment0.96Based on 5 Articles This WeekInsider TradingSelling Shares$96,400 Sold Last QuarterProj. Earnings Growth3.41%From $6.45 to $6.67 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.2.57 out of 5 starsFinance Sector148th out of 717 stocksSurety Insurance Industry1st 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 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $56.38, Essent Group has a forecasted upside of 17.0% from its current price of $48.17.Amount of Analyst CoverageEssent Group has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.68% 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 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Essent Group has recently increased by 14.20%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldEssent Group pays a meaningful dividend of 2.04%, 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 14.99% 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 2.8 News and Social Media Coverage News SentimentEssent Group has a news sentiment score of 0.96. 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 is a higher news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Essent Group this week, compared to 3 articles on an average week. 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 $96,400.00 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 3.41% in the coming year, from $6.45 to $6.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Essent Group is 7.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Essent Group is 7.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.14.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 1.16. 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 Stock (NYSE:ESNT)Essent 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ESNT Stock News HeadlinesDecember 4, 2023 | americanbankingnews.comEssent Group Ltd. (NYSE:ESNT) Short Interest UpdateNovember 29, 2023 | americanbankingnews.comEssent Group (NYSE:ESNT) Upgraded by StockNews.com to BuyDecember 7, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 27, 2023 | americanbankingnews.comEssent Group Ltd. (NYSE:ESNT) Receives Consensus Rating of "Moderate Buy" from BrokeragesNovember 16, 2023 | msn.comBarclays Initiates Coverage of Essent Group (ESNT) with Overweight RecommendationNovember 9, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Victory Capital Holdings (VCTR), UBS Group AG (UBS) and Essent Group (ESNT)November 7, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Essent Group (ESNT) and American International Group (AIG)November 5, 2023 | insidermonkey.comEssent Group Ltd. (NYSE:ESNT) Q3 2023 Earnings Call TranscriptDecember 7, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 2, 2023 | msn.comEssent Group GAAP EPS of $1.66 beats by $0.11, revenue of $296.11M beats by $30.53MNovember 2, 2023 | msn.comEssent Group declares $0.25 dividendNovember 2, 2023 | finance.yahoo.comEssent Group Ltd. Announces Third Quarter 2023 Results and Declares Quarterly DividendNovember 2, 2023 | finance.yahoo.comEssent Group Ltd (ESNT) Reports Q3 2023 Earnings, Declares Quarterly DividendNovember 1, 2023 | msn.comEssent Group Q3 2023 Earnings PreviewOctober 24, 2023 | tmcnet.comEssent Announces Integration with Mortgage Cadence's Loan Fulfillment CenterOctober 18, 2023 | finance.yahoo.comIs Essent Group (ESNT) a Good Pick for Value Investors?October 5, 2023 | finance.yahoo.comEssent Group Ltd. Schedules Third Quarter Earnings Conference Call for November 2, 2023September 26, 2023 | msn.comRBC Capital Reiterates Essent Group (ESNT) Outperform RecommendationSeptember 25, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Essent GroupAugust 26, 2023 | seekingalpha.comEssent Group: Insurances Grow And So Does The Buy CaseAugust 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 TranscriptAugust 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 DividendSee 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 Company Calendar Ex-Dividend for 9/11 Dividend8/31/2023Dividend Payable9/11/2023Last Earnings11/02/2023Ex-Dividend for 12/11 Dividend11/30/2023Today12/06/2023Dividend Payable12/11/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/09/2024Get 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/AEmployees589Year Founded2008Price Target and Rating Average Stock Price Target$56.38 High Stock Price Target$60.00 Low Stock Price Target$50.00 Potential Upside/Downside+17.0%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$6.23 Trailing P/E Ratio7.73 Forward P/E Ratio7.47 P/E Growth0.76Net Income$831.35 million Net Margins64.11% Pretax Margin76.07% Return on Equity14.33% Return on Assets11.27% Debt Debt-to-Equity RatioN/A Current Ratio1.00 Quick Ratio1.00 Sales & Book Value Annual Sales$1.00 billion Price / Sales5.14 Cash Flow$7.77 per share Price / Cash Flow6.20 Book Value$41.43 per share Price / Book1.16Miscellaneous Outstanding Shares106,760,000Free Float103,450,000Market Cap$5.14 billion OptionableOptionable Beta1.09 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Mark Anthony Casale (Age 58)Chairman, CEO & President Comp: $4.5MMr. David Bruce Weinstock (Age 57)CFO & Senior VP Comp: $866.34kMs. Mary Lourdes Gibbons (Age 61)Senior VP, Chief Legal Officer & Assistant Secretary Comp: $1.42MMr. Vijay Bhasin (Age 58)Chief Risk Officer & Senior VP Comp: $1.24MMr. Christopher G. CurranPresident of Essent Guaranty, Inc.Mr. William Daniel KaiserSenior VP & COOTheodore GraySenior VP & Chief Information OfficerMr. Philip Michael StefanoVice President of Investor RelationsWei DingSenior Vice President of Corporate DevelopmentWilliam P. HigginsSenior Vice President of Essent VenturesMore ExecutivesKey CompetitorsMGIC InvestmentNYSE:MTGAssured GuarantyNYSE:AGORadian GroupNYSE:RDNNMINASDAQ:NMIHOld Republic InternationalNYSE:ORIView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 62,169 shares on 12/6/2023Ownership: 0.008%American Century Companies Inc.Sold 49,729 shares on 11/30/2023Ownership: 0.859%Deutsche Bank AGBought 11,599 shares on 11/24/2023Ownership: 0.211%Polar Capital Holdings PlcSold 260,000 shares on 11/22/2023Ownership: 2.248%Graham Capital Management L.P.Bought 5,816 shares on 11/22/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions ESNT Stock Analysis - Frequently Asked Questions Should I buy or sell Essent Group stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research 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 target for 2024? 8 Wall Street analysts have issued twelve-month price objectives for Essent Group's shares. Their ESNT share price targets range from $50.00 to $60.00. On average, they predict the company's stock price to reach $56.38 in the next year. This suggests a possible upside of 17.0% 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 at the beginning of 2023. Since then, ESNT shares have increased by 23.9% and is now trading at $48.17. View the best growth stocks for 2023 here. Are investors shorting Essent Group? Essent Group saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 699,500 shares, an increase of 14.2% from the October 31st total of 612,500 shares. Based on an average trading volume of 435,600 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.7% of the shares of the company 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, February 9th 2024. View our ESNT earnings forecast. How were Essent Group's earnings last quarter? Essent Group Ltd. (NYSE:ESNT) posted its quarterly earnings results on Thursday, November, 2nd. The financial services provider reported $1.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.57 by $0.09. The financial services provider earned $296.11 million during the quarter, compared to the consensus estimate of $262.26 million. Essent Group had a trailing twelve-month return on equity of 14.33% and a net margin of 64.11%. How often does Essent Group pay dividends? What is the dividend yield for Essent Group? Essent Group announced a quarterly dividend on Thursday, November 2nd. Stockholders of record on Friday, December 1st will be paid a dividend of $0.25 per share on Monday, December 11th. This represents a $1.00 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date is Thursday, November 30th. Read our dividend analysis for ESNT. 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 2.04%. 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 14.99% next year. This indicates that the company will be able to sustain or increase its dividend. 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). 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 Who are Essent Group's major shareholders? Essent Group's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (8.74%), Polar Capital Holdings Plc (2.25%), Bank of New York Mellon Corp (2.08%), Charles Schwab Investment Management Inc. (1.38%), Ameriprise Financial Inc. (1.36%) and Northern Trust Corp (1.32%). 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. This page (NYSE:ESNT) was last updated on 12/7/2023 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. Adding Essent Group Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. 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