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Essent Group Stock Price, Forecast & Analysis (NYSE:ESNT)

$53.73
-0.62 (-1.14 %)
(As of 11/18/2019 09:06 AM ET)
Today's Range
$53.67
Now: $53.73
$54.64
50-Day Range
$46.43
MA: $50.65
$54.21
52-Week Range
$31.08
Now: $53.73
$54.44
Volume306,518 shs
Average Volume467,139 shs
Market Capitalization$5.29 billion
P/E Ratio11.08
Dividend Yield1.10%
Beta1.22
Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The company also provides information technology maintenance and development services; customer support-related services; and contract underwriting services. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. Read More…

Industry, Sector and Symbol

Industry Surety insurance
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone441-297-9901

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$719.35 million
Cash Flow$4.97 per share
Book Value$29.02 per share

Profitability

Net Income$467.36 million

Miscellaneous

EmployeesN/A
Market Cap$5.29 billion
Next Earnings Date2/14/2020 (Estimated)
OptionableOptionable

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Essent Group (NYSE:ESNT) Frequently Asked Questions

What is Essent Group's stock symbol?

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

How often does Essent Group pay dividends? What is the dividend yield for Essent Group?

Essent Group declared a quarterly dividend on Friday, November 8th. Investors of record on Wednesday, December 4th will be given a dividend of $0.15 per share on Monday, December 16th. This represents a $0.60 annualized dividend and a yield of 1.12%. The ex-dividend date is Tuesday, December 3rd. View Essent Group's Dividend History.

How were Essent Group's earnings last quarter?

Essent Group Ltd (NYSE:ESNT) posted its earnings results on Friday, November, 8th. The financial services provider reported $1.47 EPS for the quarter, beating the Zacks' consensus estimate of $1.38 by $0.09. The financial services provider earned $226.39 million during the quarter, compared to the consensus estimate of $216.35 million. Essent Group had a net margin of 64.58% and a return on equity of 20.86%. The firm's revenue was up 22.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.18 EPS. View Essent Group's Earnings History.

When is Essent Group's next earnings date?

Essent Group is scheduled to release their next quarterly earnings announcement on Friday, February 14th 2020. View Earnings Estimates for Essent Group.

What price target have analysts set for ESNT?

4 brokers have issued 12 month price objectives for Essent Group's stock. Their forecasts range from $54.00 to $58.00. On average, they anticipate Essent Group's stock price to reach $56.00 in the next year. This suggests a possible upside of 4.2% from the stock's current price. View Analyst Price Targets for Essent Group.

What is the consensus analysts' recommendation for Essent Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Essent Group.

Has Essent Group been receiving favorable news coverage?

Headlines about ESNT stock have trended very negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Essent Group earned a news impact score of -3.0 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term. View News Stories for Essent Group.

Are investors shorting Essent Group?

Essent Group saw a drop in short interest during the month of October. As of October 15th, there was short interest totalling 846,100 shares, a drop of 22.4% from the September 15th total of 1,090,000 shares. Based on an average daily trading volume, of 555,300 shares, the short-interest ratio is currently 1.5 days. Currently, 0.9% of the company's stock are sold short. View Essent Group's Current Options Chain.

Who are some of Essent Group's key competitors?

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), CVS Health (CVS), Home Depot (HD), QUALCOMM (QCOM), Veeva Systems (VEEV), Paypal (PYPL), Adobe (ADBE), Applied Materials (AMAT) and Cisco Systems (CSCO).

Who are Essent Group's key executives?

Essent Group's management team includes the folowing people:
  • Mr. Mark Anthony Casale, Chairman, CEO & Pres (Age 54)
  • Mr. Lawrence Edmond McAlee Jr., CPA, Sr. VP & CFO (Age 55)
  • Ms. Mary Lourdes Gibbons, Chief Legal Officer, Sr. VP & Assistant Sec. (Age 57)
  • Mr. Vijay Bhasin, Chief Risk Officer & Sr. VP (Age 54)
  • Mr. Jeffrey Robert Cashmer, Sr. VP of Bus. Devel. (Age 48)

Who are Essent Group's major shareholders?

Essent Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.69%), Russell Investments Group Ltd. (0.45%), California Public Employees Retirement System (0.24%), Skyline Asset Management LP (0.23%), Chicago Equity Partners LLC (0.22%) and First Quadrant L P CA (0.22%). Company insiders that own Essent Group stock include Andrew Turnbull, David B Weinstock, Jeff Cashmer, Joseph Hissong, Lawrence E Mcalee Jr, Mark Casale, Mary Lourdes Gibbons, Robert Glanville and Vijay Bhasin. View Institutional Ownership Trends for Essent Group.

Which major investors are selling Essent Group stock?

ESNT stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, SG Americas Securities LLC, Chicago Equity Partners LLC, Unigestion Holding SA, Origin Asset Management LLP, Skyline Asset Management LP, First Trust Advisors LP and Garrison Bradford & Associates Inc.. Company insiders that have sold Essent Group company stock in the last year include David B Weinstock, Jeff Cashmer, Joseph Hissong, Lawrence E Mcalee Jr, Mary Lourdes Gibbons and Vijay Bhasin. View Insider Buying and Selling for Essent Group.

Which major investors are buying Essent Group stock?

ESNT stock was bought by a variety of institutional investors in the last quarter, including First Quadrant L P CA, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Dupont Capital Management Corp, Strs Ohio, Boston Advisors LLC, Beach Point Capital Management LP and Russell Investments Group Ltd.. View Insider Buying and Selling for Essent Group.

How do I buy shares of Essent Group?

Shares of ESNT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Essent Group's stock price today?

One share of ESNT stock can currently be purchased for approximately $53.73.

How big of a company is Essent Group?

Essent Group has a market capitalization of $5.29 billion and generates $719.35 million in revenue each year. The financial services provider earns $467.36 million in net income (profit) each year or $4.85 on an earnings per share basis. View Additional Information About Essent Group.

What is Essent Group's official website?

The official website for Essent Group is http://www.essentgroup.com/.

How can I contact Essent Group?

Essent Group's mailing address is 2 CHURCH STREET, HAMILTON D0, HM 11. The financial services provider can be reached via phone at 441-297-9901 or via email at [email protected]


MarketBeat Community Rating for Essent Group (NYSE ESNT)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  363 (Vote Outperform)
Underperform Votes:  323 (Vote Underperform)
Total Votes:  686
MarketBeat's community ratings are surveys of what our community members think about Essent Group and other stocks. Vote "Outperform" if you believe ESNT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ESNT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2019 by MarketBeat.com Staff

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