NYSE:ESNT Essent Group (ESNT) Stock Forecast, Price & News $46.76 -0.51 (-1.08%) (As of 02:57 PM ET) Add Compare Share Share Today's Range$46.64▼$47.3050-Day Range$39.25▼$47.2652-Week Range$34.27▼$47.48Volume199,920 shsAverage Volume473,277 shsMarket Capitalization$5.02 billionP/E Ratio6.90Dividend Yield2.14%Price Target$45.80 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Essent Group MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside2.4% Downside$45.80 Price TargetShort InterestHealthy1.49% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews Sentiment0.42Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth10.05%From $6.17 to $6.79 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.2.17 out of 5 starsFinance Sector507th out of 862 stocksSurety Insurance Industry3rd out of 8 stocks 1.3 Analyst's Opinion Consensus RatingEssent Group has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $45.80, Essent Group has a forecasted downside of 2.4% from its current price of $46.93.Amount of Analyst CoverageEssent Group has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.49% 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 3.1, 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 13.14%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldEssent Group pays a meaningful dividend of 2.16%, 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 14.75%. 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 14.73% 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 1.3 News and Social Media Coverage News SentimentEssent Group has a news sentiment score of 0.42. 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 lower news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Essent Group this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 2 people have added Essent Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Essent Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.90% of the stock of Essent Group is held by insiders.Percentage Held by Institutions92.07% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Essent Group are expected to grow by 10.05% in the coming year, from $6.17 to $6.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Essent Group is 6.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Essent Group is 6.92, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 143.53.Price to Earnings Growth RatioEssent Group has a PEG Ratio of 0.75. 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 1.13. 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. is a holding company, which engages in the provision of banking services. It offers mortgage insurance, reinsurance, and risk management products. The company was founded by Mark A. Casale on July 1, 2008 and is headquartered in Hamilton, Bermuda.Read More 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 Stock News HeadlinesJune 8, 2023 | americanbankingnews.comAnalysts Set Essent Group Ltd. (NYSE:ESNT) Price Target at $45.80May 31, 2023 | americanbankingnews.comEssent Group Ltd. (NYSE:ESNT) Short Interest Up 13.1% in MayJune 8, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 29, 2023 | markets.businessinsider.comBTIG Sticks to Its Buy Rating for Essent Group (ESNT)May 29, 2023 | americanbankingnews.comEssent Group Ltd. (NYSE:ESNT) Plans Quarterly Dividend of $0.25May 18, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Essent Group (NYSE:ESNT)May 16, 2023 | americanbankingnews.comEssent Group Ltd. (NYSE:ESNT) Receives $45.80 Average PT from BrokeragesMay 10, 2023 | finance.yahoo.comClever Real Estate Secures $2 Million From Strategic InvestorsJune 8, 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.May 8, 2023 | msn.comKeefe, Bruyette & Woods Maintains Essent Group (ESNT) Outperform RecommendationMay 8, 2023 | msn.comRBC Capital Maintains Essent Group (ESNT) Outperform RecommendationMay 8, 2023 | americanbankingnews.comEssent Group (NYSE:ESNT) Issues Quarterly Earnings Results, Beats Expectations By $0.16 EPSMay 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 $5.63MMay 6, 2023 | msn.comEssent Group (ESNT) Declares $0.25 DividendMay 5, 2023 | seekingalpha.comEssent Group Ltd. (ESNT) Q1 2023 Earnings Call TranscriptMay 5, 2023 | finance.yahoo.comEssent Group (ESNT) Surpasses Q1 Earnings and Revenue EstimatesMay 5, 2023 | seekingalpha.comEssent Group Ltd. 2023 Q1 - Results - Earnings Call PresentationMay 5, 2023 | msn.comRecap: Essent Group Q1 EarningsMay 4, 2023 | msn.comA Preview Of Essent Group's EarningsMay 4, 2023 | americanbankingnews.comEssent Group (ESNT) to Release Earnings on FridayApril 27, 2023 | finance.yahoo.comPennyMac Financial (PFSI) Lags Q1 Earnings and Revenue EstimatesApril 21, 2023 | americanbankingnews.comEssent Group Ltd. (NYSE:ESNT) Receives $46.20 Average Price Target from AnalystsApril 19, 2023 | americanbankingnews.comEssent Group (NYSE:ESNT) Price Target Cut to $48.00 by Analysts at JPMorgan Chase & Co.April 17, 2023 | msn.comJP Morgan Maintains Essent Group (ESNT) Overweight RecommendationApril 13, 2023 | finance.yahoo.comEssent Group Ltd. Schedules First Quarter Earnings Conference Call for May 5, 2023March 31, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Essent Group (NYSE:ESNT) Presents An OpportunitySee More Headlines ESNT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ESNT Company Calendar Ex-Dividend for 3/20 Dividend3/09/2023Dividend Payable3/20/2023Last Earnings5/05/2023Ex-Dividend for 6/12 Dividend5/31/2023Today6/08/2023Dividend Payable6/12/2023Next Earnings (Estimated)8/04/2023Fiscal 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/AEmployees343Year Founded2008Price Target and Rating Average Stock Price Forecast$45.80 High Stock Price Forecast$49.00 Low Stock Price Forecast$43.00 Forecasted Upside/Downside-3.1%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$6.78 Trailing P/E Ratio6.97 Forward P/E Ratio7.66 P/E Growth0.73Net Income$831.35 million Net Margins73.35% Pretax Margin86.76% Return on Equity16.47% Return on Assets12.81% Debt Debt-to-Equity RatioN/A Current Ratio0.57 Quick Ratio0.57 Sales & Book Value Annual Sales$1.00 billion Price / Sales5.06 Cash Flow$8.31 per share Price / Cash Flow5.69 Book Value$41.43 per share Price / Book1.14Miscellaneous Outstanding Shares107,260,000Free Float103,934,000Market Cap$5.07 billion OptionableOptionable Beta1.16 Key ExecutivesMark A. CasaleChairman, Co-President & Chief Executive OfficerDavid B. WeinstockSenior VP, Chief Financial & Accounting OfficerAnthony David ShoreChief Compliance Officer & Vice PresidentMary Lourdes GibbonsChief Legal Officer, SVP & Assistant SecretaryVijay BhasinChief Risk Officer & Senior Vice PresidentKey CompetitorsMGIC InvestmentNYSE:MTGRadian GroupNYSE:RDNAssured GuarantyNYSE:AGOOld Republic InternationalNYSE:ORINMINASDAQ:NMIHView All CompetitorsInsiders & InstitutionsOntario Teachers Pension Plan BoardSold 5,720 shares on 6/1/2023Ownership: 0.014%ProShare Advisors LLCSold 9,613 shares on 5/26/2023Ownership: 0.018%Brandywine Global Investment Management LLCBought 125,844 shares on 5/25/2023Ownership: 0.485%Toroso Investments LLCBought 13,629 shares on 5/23/2023Ownership: 0.013%Putnam Investments LLCSold 2,470 shares on 5/22/2023Ownership: 0.054%View All Insider TransactionsView All Institutional Transactions ESNT Stock - Frequently Asked Questions Should I buy or sell Essent Group stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ESNT shares. View ESNT analyst ratings or view top-rated stocks. What is Essent Group's stock price forecast for 2023? 5 Wall Street research analysts have issued twelve-month target prices for Essent Group's shares. Their ESNT share price forecasts range from $43.00 to $49.00. On average, they anticipate the company's stock price to reach $45.80 in the next year. This suggests that the stock has a possible downside of 3.1%. 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 21.6% and is now trading at $47.26. 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 May. As of May 15th, there was short interest totaling 1,550,000 shares, an increase of 13.1% from the April 30th total of 1,370,000 shares. Based on an average daily trading volume, of 497,100 shares, the short-interest ratio is presently 3.1 days. Approximately 1.5% 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, August 4th 2023. View our ESNT earnings forecast. How were Essent Group's earnings last quarter? Essent Group Ltd. (NYSE:ESNT) posted its earnings results on Friday, May, 5th. The financial services provider reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.16. The financial services provider earned $256.30 million during the quarter, compared to analysts' expectations of $250.57 million. Essent Group had a trailing twelve-month return on equity of 16.47% and a net margin of 73.35%. The business's revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.52 EPS. How often does Essent Group pay dividends? What is the dividend yield for Essent Group? Essent Group announced a quarterly dividend on Friday, May 5th. Shareholders of record on Thursday, June 1st will be given a dividend of $0.25 per share on Monday, June 12th. This represents a $1.00 annualized dividend and a dividend yield of 2.12%. The ex-dividend date is Wednesday, May 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 Global X Founder-Run Companies ETF (BOSS), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), SPDR S&P Bank ETF (KBE), Invesco S&P MidCap Quality ETF (XMHQ), Fidelity U.S. Multifactor ETF (FLRG), First Trust Mid Cap Value AlphaDEX Fund (FNK), Fidelity Quality Factor ETF (FQAL) and Invesco S&P MidCap 400 Pure Value ETF (RFV). 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 2.22%. 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 14.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESNT will have a dividend payout ratio of 14.73% 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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.36%), FMR LLC (8.99%), State Street Corp (3.74%), Macquarie Group Ltd. (3.67%), Cooke & Bieler LP (3.60%) and Dimensional Fund Advisors LP (2.84%). 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 $47.26. How much money does Essent Group make? Essent Group (NYSE:ESNT) has a market capitalization of $5.07 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 $6.78 on an earnings per share basis. How many employees does Essent Group have? The company employs 343 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 6/8/2023 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. 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