NYSE:ESNT - Essent Group Stock Price, Price Target & More

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$37.23 -0.32 (-0.85 %)
(As of 06/24/2018 03:18 AM ET)
Previous Close$37.23
Today's Range$36.97 - $37.84
52-Week Range$32.73 - $50.08
Volume2.91 million shs
Average Volume661,821 shs
Market Capitalization$3.68 billion
P/E Ratio12.01
Dividend YieldN/A
Beta1.21
Essent Group logoEssent 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. The company was founded in 2008 and is based in Hamilton, Bermuda.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio0.78
Quick Ratio0.78

Price-To-Earnings

Trailing P/E Ratio12.01
Forward P/E Ratio8.48
P/E Growth0.78

Sales & Book Value

Annual Sales$576.51 million
Price / Sales6.34
Cash Flow$3.1286 per share
Price / Cash11.90
Book Value$19.71 per share
Price / Book1.89

Profitability

EPS (Most Recent Fiscal Year)$3.10
Net Income$379.74 million
Net Margins68.82%
Return on Equity18.80%
Return on Assets13.49%

Miscellaneous

Employees397
Outstanding Shares98,110,000

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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 were Essent Group's earnings last quarter?

Essent Group Ltd (NYSE:ESNT) released its quarterly earnings data on Friday, May, 4th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.10 by $0.03. The financial services provider had revenue of $167.50 million for the quarter, compared to analysts' expectations of $165.81 million. Essent Group had a return on equity of 18.80% and a net margin of 68.82%. Essent Group's quarterly revenue was up 31.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.72 earnings per share. 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, August, 3rd 2018. View Earnings Estimates for Essent Group.

What price target have analysts set for ESNT?

10 brokerages have issued 1-year price targets for Essent Group's stock. Their predictions range from $38.00 to $62.00. On average, they anticipate Essent Group's share price to reach $51.75 in the next twelve months. View Analyst Ratings for Essent Group.

What are Wall Street 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. " (6/19/2018)
  • 2. Wells Fargo & Co analysts commented, "Wells Fargo Securities, LLC’s research analysts receive compensation that is based upon and impacted by the overall profitability and revenue of the firm, which includes, but is not limited to investment banking revenue." (5/4/2018)

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 totalling 1,486,923 shares, an increase of 51.2% from the April 30th total of 983,697 shares. Based on an average daily trading volume, of 855,121 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.7% of the company's stock are sold short. View Essent Group's Current Options Chain.

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:
  • Mr. Mark Anthony Casale, Chairman, CEO & Pres (Age 53)
  • Mr. Lawrence Edmond McAlee Jr., CPA, Sr. VP & CFO (Age 54)
  • Ms. Mary Lourdes Gibbons, Chief Legal Officer, Sr. VP & Assistant Sec. (Age 56)
  • Mr. Vijay Bhasin, Chief Risk Officer & Sr. VP (Age 53)
  • Mr. Jeffrey Robert Cashmer, Sr. VP of Bus. Devel. (Age 47)

Has Essent Group been receiving favorable news coverage?

Headlines about ESNT stock have been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Essent Group earned a coverage optimism score of 0.08 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 47.97 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

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 BlackRock Inc. (7.98%), Boston Partners (2.41%), Victory Capital Management Inc. (1.88%), Westfield Capital Management Co. LP (1.44%), Old Mutual Global Investors UK Ltd. (1.10%) and Schwab Charles Investment Management Inc. (0.95%). Company insiders that own Essent Group stock include (Cayman) Co Pbra, Andrew Turnbull, David B Weinstock, Jeff Cashmer, Lawrence E Mcalee Jr, Mark Casale, Mary Lourdes Gibbons, Robert Glanville and Vijay Bhasin. View Institutional Ownership Trends for Essent Group.

Which institutional investors are selling Essent Group stock?

ESNT stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Vaughan Nelson Investment Management L.P., Victory Capital Management Inc., JPMorgan Chase & Co., Wells Fargo & Company MN, Mckinley Capital Management LLC Delaware, Westfield Capital Management Co. LP and BlackRock Inc.. Company insiders that have sold Essent Group company stock in the last year include Andrew Turnbull, David B Weinstock, Lawrence E Mcalee Jr, Mark Casale, Mary Lourdes Gibbons and Robert Glanville. View Insider Buying and Selling for Essent Group.

Which institutional investors are buying Essent Group stock?

ESNT stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Point72 Asset Management L.P., Old Mutual Global Investors UK Ltd., Millennium Management LLC, Russell Investments Group Ltd., FIL Ltd, Waterstone Capital Management L.P. and Hsbc Holdings PLC. 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, Scottrade, Fidelity and Charles Schwab.

What is Essent Group's stock price today?

One share of ESNT stock can currently be purchased for approximately $37.23.

How big of a company is Essent Group?

Essent Group has a market capitalization of $3.68 billion and generates $576.51 million in revenue each year. The financial services provider earns $379.74 million in net income (profit) each year or $3.10 on an earnings per share basis. Essent Group employs 397 workers across the globe.

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 (ESNT)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  257 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  491
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 6/24/2018 by MarketBeat.com Staff

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