Essent Group Ltd Company Profile (NYSE:ESNT)

About Essent Group Ltd (NYSE:ESNT)

Essent Group Ltd 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:
  • Industry: Mortgage Investment
  • Sub-Industry: N/A
  • Symbol: NYSE:ESNT
  • CUSIP: N/A
  • Web: www.essentgroup.com
Capitalization:
  • Market Cap: $3.44 billion
  • Outstanding Shares: 93,379,000
Average Prices:
  • 50 Day Moving Avg: $37.02
  • 200 Day Moving Avg: $34.34
  • 52 Week Range: $19.89 - $39.50
P/E:
  • Trailing P/E Ratio: 14.13
  • Foreward P/E Ratio: 10.85
  • P/E Growth: 0.78
Sales & Book Value:
  • Annual Revenue: $483.38 million
  • Price / Sales: 7.13
  • Book Value: $15.13 per share
  • Price / Book: 2.44
Profitability:
  • EBIDTA: $336.17 million
  • Net Margins: 48.58%
  • Return on Equity: 17.85%
  • Return on Assets: 13.25%
Debt:
  • Current Ratio: 0.61%
  • Quick Ratio: 0.61%
Misc:
  • Average Volume: 649,252 shs.
  • Beta: 1.19
  • Short Ratio: 2.23
 

Frequently Asked Questions for Essent Group Ltd (NYSE:ESNT)

What is Essent Group Ltd's stock symbol?

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

How were Essent Group Ltd's earnings last quarter?

Essent Group Ltd (NYSE:ESNT) issued its quarterly earnings results on Friday, May, 5th. The company reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.03. The company earned $127.60 million during the quarter, compared to analyst estimates of $126.70 million. Essent Group Ltd had a net margin of 48.58% and a return on equity of 17.85%. The business's revenue for the quarter was up 24.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.52 EPS. View Essent Group Ltd's Earnings History.

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

8 brokerages have issued 12-month price objectives for Essent Group Ltd's stock. Their predictions range from $26.00 to $43.00. On average, they expect Essent Group Ltd's share price to reach $38.17 in the next twelve months. View Analyst Ratings for Essent Group Ltd.

Who are some of Essent Group Ltd's key competitors?

Who are Essent Group Ltd's key executives?

Essent Group Ltd'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
  • Adolfo F. Marzol, Director
  • Aditya K. Dutt, Independent Director

Who owns Essent Group Ltd stock?

Essent Group Ltd's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (8.98%), Vanguard Group Inc. (7.68%), BlackRock Inc. (6.26%), Alliancebernstein L.P. (3.39%), American Century Companies Inc. (2.81%) and State Street Corp (2.67%). Company insiders that own Essent Group Ltd stock include (Cayman) Co Pbra, Andrew Turnbull, Jeff Cashmer, Lawrence E Mcalee Jr, Mark Casale, Mary Lourdes Gibbons, Robert Glanville and Vijay Bhasin. View Institutional Ownership Trends for Essent Group Ltd.

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

Essent Group Ltd's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Goldman Sachs Group Inc., Victory Capital Management Inc., Next Century Growth Investors LLC, Renaissance Technologies LLC, Morgan Stanley, Alliancebernstein L.P. and UBS Group AG. Company insiders that have sold Essent Group Ltd 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. View Insider Buying and Selling for Essent Group Ltd.

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

Essent Group Ltd's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Westfield Capital Management Co. LP, Vanguard Group Inc., American Century Companies Inc., South Texas Money Management Ltd., Bank of New York Mellon Corp, OppenheimerFunds Inc. and State Street Corp. Company insiders that have bought Essent Group Ltd stock in the last two years include (Cayman) Co Pbra, Andrew Turnbull and Robert Glanville. View Insider Buying and Selling for Essent Group Ltd.

How do I buy Essent Group Ltd stock?

Shares of Essent Group Ltd 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 Ltd's stock price today?

One share of Essent Group Ltd stock can currently be purchased for approximately $36.89.


MarketBeat Community Rating for Essent Group Ltd (NYSE ESNT)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  132 (Vote Outperform)
Underperform Votes:  123 (Vote Underperform)
Total Votes:  255
MarketBeat's community ratings are surveys of what our community members think about Essent Group Ltd 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 Ltd (NYSE:ESNT) (?)
Ratings Breakdown: 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $38.17 (3.46% upside)

Analysts' Ratings History for Essent Group Ltd (NYSE:ESNT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Barclays PLCBoost Price TargetOverweight$40.00 -> $43.00N/AView Rating Details
5/9/2017Bank of America CorpUpgradeUnderperform -> Buy$38.00 -> $43.00HighView Rating Details
4/28/2017Keefe, Bruyette & WoodsReiterated RatingHold$40.00LowView Rating Details
4/21/2017JPMorgan Chase & Co.DowngradeOverweight -> Neutral$39.00LowView Rating Details
2/12/2017BTIG ResearchReiterated RatingHoldN/AView Rating Details
1/20/2017Deutsche Bank AGInitiated CoverageBuy$38.00N/AView Rating Details
8/8/2016Credit Suisse Group AGReiterated RatingHoldN/AView Rating Details
8/5/2016Compass PointBoost Price TargetNeutral$24.00 -> $26.00N/AView Rating Details
2/16/2016MKM PartnersLower Price TargetNeutral$28.00 -> $18.00N/AView Rating Details
1/13/2016Goldman Sachs Group IncLower Price Target$29.00 -> $27.00N/AView Rating Details
10/8/2015MacquarieLower Price TargetOutperform$33.00 -> $31.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Essent Group Ltd (NYSE:ESNT)
Earnings by Quarter for Essent Group Ltd (NYSE:ESNT)
Earnings History by Quarter for Essent Group Ltd (NYSE ESNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)

Estimates

Earnings Estimates for Essent Group Ltd (NYSE:ESNT)
Current Year EPS Consensus Estimate: $2.94 EPS
Next Year EPS Consensus Estimate: $3.40 EPS

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for Essent Group Ltd (NYSE:ESNT)
Insider Ownership Percentage: 20.70%
Institutional Ownership Percentage: 85.37%
Insider Trades by Quarter for Essent Group Ltd (NYSE:ESNT)
Institutional Ownership by Quarter for Essent Group Ltd (NYSE:ESNT)
Insider Trades by Quarter for Essent Group Ltd (NYSE:ESNT)
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

Headline Trends for Essent Group Ltd (NYSE:ESNT)
Latest Headlines for Essent Group Ltd (NYSE:ESNT)
Source:
DateHeadline
americanbankingnews.com logoEssent Group Ltd (ESNT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - May 29 at 12:46 PM
finance.yahoo.com logoEssent Group Ltd. breached its 50 day moving average in a Bullish Manner : ESNT-US : May 29, 2017
finance.yahoo.com - May 29 at 10:45 AM
businesswire.com logoEssent Group Ltd. Announces Amended and Extended $375 Million Credit Facility - Business Wire (press release)
www.businesswire.com - May 19 at 5:19 AM
finance.yahoo.com logoEssent Group Ltd. Announces Amended and Extended $375 Million Credit Facility
finance.yahoo.com - May 19 at 5:19 AM
americanbankingnews.com logoZacks: Analysts Expect Essent Group Ltd (ESNT) Will Announce Earnings of $0.69 Per Share
www.americanbankingnews.com - May 12 at 12:30 PM
americanbankingnews.com logoEssent Group Ltd (ESNT) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - May 10 at 11:54 PM
streetinsider.com logoEssent Group (ESNT) Confirms Resignation of Adolfo Marzol from ... - StreetInsider.com
www.streetinsider.com - May 10 at 7:55 AM
finance.yahoo.com logoEdited Transcript of ESNT earnings conference call or presentation 5-May-17 2:00pm GMT
finance.yahoo.com - May 10 at 7:55 AM
finance.yahoo.com logoEssent Group Ltd. Announces Resignation of Adolfo Marzol from Board of Directors
finance.yahoo.com - May 9 at 4:57 PM
americanbankingnews.com logoEssent Group Ltd (ESNT) Price Target Raised to $43.00
www.americanbankingnews.com - May 8 at 1:36 PM
finance.yahoo.com logoEssent Group Ltd. breached its 50 day moving average in a Bearish Manner : ESNT-US : May 8, 2017
finance.yahoo.com - May 8 at 9:09 AM
seekingalpha.com logoEssent's (ESNT) CEO Mark Casale on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 5:14 PM
finance.yahoo.com logoEssent Group Ltd. Reports First Quarter 2017 Results
finance.yahoo.com - May 5 at 5:14 PM
finance.yahoo.com logoEssent Group beats 1Q profit forecasts
finance.yahoo.com - May 5 at 5:14 PM
americanbankingnews.com logoEssent Group Ltd (ESNT) Issues Earnings Results
www.americanbankingnews.com - May 5 at 4:19 PM
americanbankingnews.com logoEssent Group Ltd (ESNT) Set to Announce Earnings on Friday
www.americanbankingnews.com - May 3 at 9:08 AM
americanbankingnews.com logoEssent Group (ESNT) Earns Daily Media Impact Rating of 0.51
www.americanbankingnews.com - May 2 at 10:00 PM
americanbankingnews.com logoEssent Group Ltd (ESNT) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 2 at 2:26 PM
americanbankingnews.com logoEssent Group (ESNT) Getting Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 29 at 10:58 AM
americanbankingnews.com logoEssent Group's (ESNT) Hold Rating Reiterated at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 28 at 2:58 PM
americanbankingnews.com logoEssent Group (ESNT) Earns Daily Media Impact Rating of 0.15
www.americanbankingnews.com - April 27 at 1:09 AM
americanbankingnews.com logoEssent Group (ESNT) Getting Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 23 at 4:21 PM
americanbankingnews.com logoEssent Group Ltd (ESNT) Cut to "Neutral" at JPMorgan Chase & Co.
www.americanbankingnews.com - April 21 at 11:06 PM
americanbankingnews.com logoZacks: Brokerages Expect Essent Group Ltd (ESNT) to Announce $0.69 Earnings Per Share
www.americanbankingnews.com - April 21 at 7:30 PM
americanbankingnews.com logoEssent Group (ESNT) Earns Daily News Impact Rating of 0.57
www.americanbankingnews.com - April 20 at 11:50 AM
finance.yahoo.com logoEssent Group Ltd. Schedules First Quarter Earnings Conference Call on May 5, 2017
finance.yahoo.com - April 12 at 10:07 AM
americanbankingnews.com logoEssent Group Ltd (ESNT) Given a $38.00 Price Target at Keefe, Bruyette & Woods
www.americanbankingnews.com - March 23 at 7:20 AM
us.rd.yahoo.com logoWhy Are Top Fund Managers Buying The No. 8 IBD 50 Stock?
us.rd.yahoo.com - March 17 at 5:20 PM
finance.yahoo.com logoEssent EssentIQ™ Wins 2017 HW TECH100™ Award
finance.yahoo.com - March 6 at 9:51 AM
seekingalpha.com logoIn A Crowded Industry Essent Presents Great Growth
seekingalpha.com - February 27 at 7:24 PM
finance.yahoo.com logoWhy You Should Buy MarketAxess Holdings (MKTX) Stock Now
au.finance.yahoo.com - February 22 at 5:18 PM
finance.yahoo.com logoEdited Transcript of ESNT earnings conference call or presentation 10-Feb-17 3:00pm GMT
finance.yahoo.com - February 10 at 10:36 PM
biz.yahoo.com logoQ4 2016 Essent Group Ltd Earnings Release - Before Market Open
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
finance.yahoo.com - February 7 at 6:16 PM
us.rd.yahoo.com logoCoverage initiated on Essent Group by Deutsche Bank
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
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
finance.yahoo.com - January 18 at 5:29 PM
finance.yahoo.com logoEssent Group Ltd (ESNT) Chairman, CEO and President Mark Casale Sold $8.1 million of Shares
finance.yahoo.com - January 5 at 4:15 AM
finance.yahoo.com logoEssent and PCLender Team-Up to Provide Streamlined MI Origination and Quotes through LOS
finance.yahoo.com - December 15 at 5:37 PM
finance.yahoo.com logoWill Essent Group (ESNT) Continue to Surge Higher?
finance.yahoo.com - December 9 at 9:16 AM
finance.yahoo.com logoEssent Group Ltd. CEO to Present at the J.P. Morgan 2016 FinTech & Specialty Finance Forum
finance.yahoo.com - November 23 at 4:45 PM
zacks.com logoEssent Group (ESNT): Strong Industry, Solid Earnings Estimate Revisions
www.zacks.com - November 14 at 8:48 AM
finance.yahoo.com logoIs Essent Group (ESNT) a Great Growth Stock?
finance.yahoo.com - November 10 at 12:51 PM
seekingalpha.com logoEssent's (ESNT) CEO Mark Casale on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 4 at 9:53 PM
biz.yahoo.com logoQ3 2016 Essent Group Ltd Earnings Release - Before Market Open
biz.yahoo.com - November 4 at 8:56 AM
finance.yahoo.com logoJerome Dodson Comments on Essent Group
finance.yahoo.com - November 1 at 5:04 PM
finance.yahoo.com logoJerome Dodson Trims Essent Group
finance.yahoo.com - October 20 at 10:21 AM
finance.yahoo.com logoEssent Group downgraded by BofA/Merrill
finance.yahoo.com - September 28 at 4:44 PM
finance.yahoo.com logoWhy Essent Group (ESNT) Stock Might be a Great Pick
finance.yahoo.com - August 26 at 4:47 PM

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Chart

Essent Group Ltd (ESNT) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff