Essent Group Company Profile (NYSE:ESNT)

About Essent Group (NYSE:ESNT)

Essent Group logoEssent Group Ltd. is a private mortgage insurance company. The Company is engaged in offering private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its products and services include mortgage insurance, contract underwriting, and Bermuda-based insurance and reinsurance. The Company's primary mortgage insurance is offered to customers on individual loans at the time of origination on a flow basis, but can also be written in bulk transactions. Its pool insurance provides additional credit enhancement for certain secondary market and other mortgage transactions. The primary mortgage insurance operations were conducted through Essent Guaranty, Inc. which is a mortgage insurer licensed to write mortgage insurance in all 50 states and the District of Columbia, as of December 31, 2016. It offers primary mortgage insurance, pool insurance and master policy. It provides contract underwriting services through CUW Solutions, LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: N/A
  • Symbol: NYSE:ESNT
  • CUSIP: N/A
  • Web:
  • Market Cap: $4.11 billion
  • Outstanding Shares: 93,423,000
Average Prices:
  • 50 Day Moving Avg: $39.18
  • 200 Day Moving Avg: $37.86
  • 52 Week Range: $25.84 - $44.07
  • Trailing P/E Ratio: 15.66
  • Foreward P/E Ratio: 12.29
  • P/E Growth: 0.84
Sales & Book Value:
  • Annual Revenue: $512.83 million
  • Price / Sales: 8.02
  • Book Value: $16.03 per share
  • Price / Book: 2.74
  • EBITDA: $362.45 million
  • Net Margins: 50.92%
  • Return on Equity: 18.77%
  • Return on Assets: 13.32%
  • Current Ratio: 0.43%
  • Quick Ratio: 0.43%
  • Average Volume: 703,778 shs.
  • Beta: 1.14
  • Short Ratio: 2.57

Frequently Asked Questions for Essent Group (NYSE:ESNT)

What is Essent Group's stock symbol?

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

How were Essent Group's earnings last quarter?

Essent Group Ltd. (NYSE:ESNT) issued its quarterly earnings results on Friday, August, 4th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.68 by $0.09. The business had revenue of $137.61 million for the quarter, compared to analysts' expectations of $131.99 million. Essent Group had a net margin of 50.92% and a return on equity of 18.77%. The business's quarterly revenue was up 27.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.57 earnings per share. View Essent Group's Earnings History.

When will Essent Group make its next earnings announcement?

Essent Group is scheduled to release their next quarterly earnings announcement on Friday, November, 3rd 2017. View Earnings Estimates for Essent Group.

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

7 equities research analysts have issued 1-year price targets for Essent Group's shares. Their forecasts range from $39.00 to $50.00. On average, they anticipate Essent Group's share price to reach $44.71 in the next year. View Analyst Ratings for Essent Group.

What are analysts saying about Essent Group stock?

Here are some recent quotes from research analysts about Essent Group stock:

  • 1. According to Zacks Investment Research, "Essent Group Ltd., through its subsidiaries, operates as a private mortgage insurance company. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. Essent Group Ltd. is based in Hamilton, Bermuda. " (10/10/2017)
  • 2. BTIG Research analysts commented, "Growth + Operating Leverage = Upside for ESNT We are upgrading Essent Group (ESNT) to Buy (from Neutral) with a price target of $44 based on 11x our FY19E earnings per share of $3.97. ESNT’s operating performance during 1H17 was significantly better than we had expected on several fronts, including 30% year-over-year growth in insurance-in-force (IIF) in each quarter, annualized ROE north of 19%, and a default rate of just 0.41% at June 30." (9/12/2017)

Who are some of Essent Group's key competitors?

Who are Essent Group's key executives?

Essent Group's management team includes the folowing people:

  • Mark A. Casale, Chairman of the Board, President, Chief Executive Officer
  • Lawrence E. McAlee CPA, Chief Financial Officer, Senior Vice President
  • Vijay Bhasin Ph.D., Senior Vice President, Chief Risk Officer
  • Mary Lourdes Gibbons, Senior Vice President, Chief Legal Officer and Assistant Secretary
  • Jeff R. Cashmer, Senior Vice President - Business Development
  • Joseph G. Hissong, Senior Vice President; President of Essent Reinsurance Ltd.
  • David B. Weinstock, Chief Accounting Officer, Vice President
  • William L. Spiegel, Lead Independent Director
  • Aditya K. Dutt, Independent Director
  • Robert E. Glanville, Independent Director

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.

What is Essent Group's stock price today?

One share of Essent Group stock can currently be purchased for approximately $44.00.

MarketBeat Community Rating for Essent Group (NYSE ESNT)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  185 (Vote Outperform)
Underperform Votes:  175 (Vote Underperform)
Total Votes:  360
MarketBeat's community ratings are surveys of what our community members think about Essent Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Essent Group (NYSE:ESNT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $44.71 (1.62% upside)
Consensus Price Target History for Essent Group (NYSE:ESNT)
Price Target History for Essent Group (NYSE:ESNT)
Analysts' Ratings History for Essent Group (NYSE:ESNT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017Keefe, Bruyette & WoodsReiterated RatingBuy$44.00N/AView Rating Details
10/11/2017Compass PointReiterated RatingNeutral -> Buy$38.00 -> $50.00N/AView Rating Details
9/12/2017BTIG ResearchUpgradeNeutral -> Buy$44.00HighView Rating Details
8/9/2017Barclays PLCReiterated RatingBuyLowView Rating Details
8/8/2017Deutsche Bank AGBoost Price TargetBuy$42.00 -> $48.00HighView Rating Details
5/9/2017Bank of America CorporationUpgradeUnderperform -> Buy$38.00 -> $43.00HighView Rating Details
4/21/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$39.00LowView Rating Details
8/8/2016Credit Suisse GroupReiterated RatingHoldN/AView Rating Details
2/16/2016MKM PartnersLower Price TargetNeutral$28.00 -> $18.00N/AView Rating Details
1/13/2016Goldman Sachs Group, Inc. (The)Lower Price Target$29.00 -> $27.00N/AView Rating Details
(Data available from 10/18/2015 forward)


Earnings History for Essent Group (NYSE:ESNT)
Earnings by Quarter for Essent Group (NYSE:ESNT)
Earnings History by Quarter for Essent Group (NYSE ESNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.79N/AView Earnings Details
8/4/2017Q2 2017$0.68$0.77$131.99 million$137.61 millionViewN/AView Earnings Details
5/5/2017Q1 2017$0.69$0.72$126.70 million$127.60 millionViewN/AView Earnings Details
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$71.18 million$72.74 millionViewN/AView Earnings Details
11/6/2014Q314$0.26$0.29$60.50 million$64.60 millionViewN/AView Earnings Details
8/8/2014Q214$0.20$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)


Earnings Estimates for Essent Group (NYSE:ESNT)
Current Year EPS Consensus Estimate: $3.04 EPS
Next Year EPS Consensus Estimate: $3.58 EPS


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

Insider Trades

Insider Trading and Institutional Ownership History for Essent Group (NYSE:ESNT)
Insider Ownership Percentage: 18.10%
Institutional Ownership Percentage: 81.40%
Insider Trades by Quarter for Essent Group (NYSE:ESNT)
Institutional Ownership by Quarter for Essent Group (NYSE:ESNT)
Insider Trades by Quarter for Essent Group (NYSE:ESNT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/16/2017David B WeinstockVPSell3,000$41.71$125,130.00View SEC Filing  
10/16/2017Mary Lourdes GibbonsSVPSell4,836$42.04$203,305.44View SEC Filing  
9/14/2017David B WeinstockVPSell2,000$38.91$77,820.00View SEC Filing  
8/14/2017David B WeinstockVPSell2,000$38.95$77,900.00View SEC Filing  
8/7/2017Mary Lourdes GibbonsSVPSell4,600$41.04$188,784.00View SEC Filing  
8/4/2017Lawrence E Mcalee JrCFOSell3,118$40.00$124,720.00View SEC Filing  
8/4/2017Mary Lourdes GibbonsSVPSell4,600$40.01$184,046.00View SEC Filing  
7/18/2017Mary Lourdes GibbonsSVPSell393$39.00$15,327.00View SEC Filing  
7/17/2017Mary Lourdes GibbonsSVPSell4,207$39.00$164,073.00View SEC Filing  
7/14/2017David B. WeinstockVPSell2,000$38.51$77,020.00View SEC Filing  
7/7/2017Lawrence E Mcalee JrCFOSell2,000$39.02$78,040.00View SEC Filing  
7/3/2017Lawrence E Mcalee JrCFOSell2,000$38.01$76,020.00View SEC Filing  
6/30/2017Lawrence E Mcalee JrCFOSell7,000$36.99$258,930.00View SEC Filing  
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)


Headline Trends for Essent Group (NYSE:ESNT)
Latest Headlines for Essent Group (NYSE:ESNT)
DateHeadline logoMary Lourdes Gibbons Sells 4,836 Shares of Essent Group Ltd. (ESNT) Stock - October 18 at 8:10 PM logoDavid B. Weinstock Sells 3,000 Shares of Essent Group Ltd. (ESNT) Stock - October 18 at 8:10 PM logoFinancial Comparison: The Navigators Group (NAVG) & Essent Group (ESNT) - October 16 at 8:30 PM logoKeefe, Bruyette & Woods Reaffirms "Buy" Rating for Essent Group Ltd. (ESNT) - October 15 at 7:40 PM logoEssent Group's (ESNT) "Buy" Rating Reaffirmed at Compass Point - October 12 at 12:58 AM logoZacks Investment Research Lowers Essent Group Ltd. (ESNT) to Hold - October 10 at 7:40 PM logo$0.75 EPS Expected for Essent Group Ltd. (ESNT) This Quarter - October 10 at 2:12 PM logoEssent Group Ltd. (ESNT) Stock Rating Upgraded by Zacks Investment Research - October 9 at 7:34 PM logoThese 5 Leading Bermuda Stocks Are Basing Or Near Buy Points - October 6 at 6:50 PM logoWill The Second Time Be The Charm For This Sector Leader? - October 6 at 6:50 PM logoEssent Group Ltd. (ESNT) Given Average Recommendation of "Buy" by Analysts - October 1 at 2:40 PM logoReviewing RLI Corp. (RLI) and Essent Group (ESNT) - September 25 at 8:58 AM logoEssent Clears Key Benchmark, Hitting 80-Plus RS Rating - September 22 at 5:29 PM logoEssent Group (ESNT) versus Berkshire Hathaway (BRK.B) Head to Head Review - September 21 at 2:48 PM logoFirst Week of November 17th Options Trading For Essent Group (ESNT) - September 19 at 6:24 PM logoDavid B. Weinstock Sells 2,000 Shares of Essent Group Ltd. (ESNT) Stock - September 18 at 8:08 PM logoFinancial Analysis: Essent Group (ESNT) vs. Berkshire Hathaway (BRK.A) - September 15 at 8:46 PM logoEssent Clears Key Benchmark, Hitting 80-Plus RS Rating - September 13 at 7:49 PM logoBenzinga's Top Upgrades, Downgrades For September 12, 2017 ... - Benzinga - September 12 at 7:13 PM logoEssent Group Ltd. (ESNT) Receives Consensus Rating of "Buy" from Brokerages - September 6 at 2:36 PM logoEssent Group Ltd. breached its 50 day moving average in a Bullish Manner : ESNT-US : September 4, 2017 - September 4 at 5:58 PM logoValidea John Neff Strategy Daily Upgrade Report - 8/29/2017 - Nasdaq - August 29 at 4:13 AM logoEssent Group Ltd. breached its 50 day moving average in a Bullish Manner : ESNT-US : August 23, 2017 - August 23 at 10:55 PM logoETFs with exposure to Essent Group Ltd. : August 21, 2017 - August 23 at 12:01 AM logoSee what the IHS Markit Score report has to say about Essent Group Ltd. - August 17 at 7:42 PM logoEssent Group Ltd. (ESNT) VP Sells $77,900.00 in Stock - August 16 at 9:14 PM logoEssent Group Ltd (ESNT) Given Consensus Recommendation of "Buy" by Brokerages - August 12 at 2:50 PM logoEssent Group Ltd. breached its 50 day moving average in a Bearish Manner : ESNT-US : August 11, 2017 - August 11 at 6:51 PM logoIHS Markit Score downgrades Essent Group Ltd to 62 out of 100, ranking positively in two out of three available IHS Markit categories. - August 10 at 7:43 PM logoEssent Group Ltd. :ESNT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017 - August 10 at 7:43 PM logoInsider Selling: Essent Group Ltd. (NYSE:ESNT) SVP Sells 4,600 Shares of Stock - August 9 at 10:20 PM logoEssent Group Ltd. (ESNT) Receives Buy Rating from Barclays PLC - August 9 at 1:32 PM logoEssent Group Ltd. Prices Public Offering of Common Stock - August 8 at 6:09 PM logoEssent Group Ltd. (NYSE:ESNT) Price Target Raised to $48.00 - August 8 at 11:10 AM logoEssent Group Ltd. Announces Launch of Public Offering - Business Wire (press release) - August 7 at 11:40 PM logoEssent Group (ESNT) Launches 5M Offering of Common Shares - August 7 at 6:37 PM logoEssent Group Ltd. Announces Launch of Public Offering - August 7 at 6:37 PM logoBarclays PLC Increases Essent Group Ltd. (ESNT) Price Target to $45.00 - August 7 at 3:38 PM logoEssent Group Ltd. (ESNT) SVP Mary Lourdes Gibbons Sells 4,600 Shares - August 7 at 1:20 PM logoLawrence E. Mcalee, Jr. Sells 3,118 Shares of Essent Group Ltd. (ESNT) Stock - August 7 at 10:32 AM logoEdited Transcript of ESNT earnings conference call or presentation 4-Aug-17 2:00pm GMT - August 5 at 4:48 AM logoEssent Group Ltd. (ESNT) Posts Earnings Results, Beats Estimates By $0.07 EPS - August 4 at 8:38 PM logoEssent's (ESNT) CEO Mark Casale on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha - August 4 at 6:42 PM logoEssent Group Ltd. Reports Second Quarter 2017 Results - August 4 at 6:42 PM logoInvestor Network: Essent Group Ltd. to Host Earnings Call - August 4 at 6:42 PM logoEssent Group beats 2Q profit forecasts - August 4 at 6:41 PM logoEssent Group Ltd. (NYSE:ESNT) Scheduled to Post Earnings on Friday - July 28 at 1:05 AM logoMary Lourdes Gibbons Sells 393 Shares of Essent Group Ltd. (ESNT) Stock - July 20 at 8:02 PM logoEssent Group Ltd. (NYSE:ESNT) VP Sells $77,020.00 in Stock - July 18 at 7:52 PM logoEssent Group Ltd. (ESNT) SVP Mary Lourdes Gibbons Sells 4,207 Shares - July 18 at 7:24 PM



Essent Group (ESNT) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by Staff

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