NYSE:ESNT - Essent Group Stock Price, News, & Analysis

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$44.29 -0.30 (-0.67 %)
(As of 09/21/2018 02:30 AM ET)
Previous Close$44.59
Today's Range$44.21 - $45.14
52-Week Range$32.73 - $50.08
Volume520,000 shs
Average Volume806,942 shs
Market Capitalization$4.36 billion
P/E Ratio14.29
Dividend YieldN/A
Beta1.26
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

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

Debt

Debt-to-Equity RatioN/A
Current Ratio0.69
Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio14.29
Forward P/E Ratio9.76
P/E Growth0.98

Sales & Book Value

Annual Sales$576.51 million
Price / Sales7.54
Cash Flow$3.1456 per share
Price / Cash14.08
Book Value$19.71 per share
Price / Book2.25

Profitability

EPS (Most Recent Fiscal Year)$3.10
Net Income$379.74 million
Net Margins71.08%
Return on Equity19.37%
Return on Assets14.09%

Miscellaneous

Employees397
Outstanding Shares98,130,000
Market Cap$4.36 billion

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) issued its earnings results on Friday, August, 3rd. The financial services provider reported $1.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.06 by $0.08. The financial services provider had revenue of $173.77 million for the quarter, compared to analysts' expectations of $174.06 million. Essent Group had a net margin of 71.08% and a return on equity of 19.37%. The firm's quarterly revenue was up 26.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.77 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 Thursday, November, 8th 2018. View Earnings Estimates for Essent Group.

What price target have analysts set for ESNT?

11 brokers have issued 12-month price targets for Essent Group's stock. Their forecasts range from $38.00 to $62.00. On average, they anticipate Essent Group's share price to reach $50.0682 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price. View Analyst Price Targets for Essent Group.

What is the consensus analysts' recommendation for Essent Group?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (7/25/2018)
  • 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)

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?

News headlines about ESNT stock have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Essent Group earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Essent Group.

Who are Essent Group's major shareholders?

Essent Group's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.41%), FMR LLC (7.03%), Victory Capital Management Inc. (1.48%), Macquarie Group Ltd. (1.45%), Boston Partners (1.40%) and Dimensional Fund Advisors LP (1.31%). Company insiders that own Essent Group stock include (Cayman) Co Pbra, Andrew Turnbull, David B Weinstock, 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 FMR LLC, Boston Partners, BlackRock Inc., Point72 Asset Management L.P., Robeco Institutional Asset Management B.V., Victory Capital Management Inc., Millennium Management LLC and Schwab Charles Investment Management 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, Robert Glanville and Vijay Bhasin. View Insider Buying and Selling for Essent Group.

Which major investors are buying Essent Group stock?

ESNT stock was acquired by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Sapience Investments LLC, Dimensional Fund Advisors LP, Janus Henderson Group PLC, Renaissance Technologies LLC, Northern Trust Corp, Capital Fund Management S.A. and Macquarie 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, Scottrade, Fidelity and Charles Schwab.

What is Essent Group's stock price today?

One share of ESNT stock can currently be purchased for approximately $44.29.

How big of a company is Essent Group?

Essent Group has a market capitalization of $4.36 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 (NYSE ESNT)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  290 (Vote Outperform)
Underperform Votes:  260 (Vote Underperform)
Total Votes:  550
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 9/21/2018 by MarketBeat.com Staff

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