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

$29.90
-1.10 (-3.55 %)
(As of 03/30/2020 08:36 AM ET)
Today's Range
$28.72
Now: $29.90
$30.91
50-Day Range
$19.54
MA: $41.88
$52.62
52-Week Range
$17.52
Now: $29.90
$55.84
Volume1.43 million shs
Average Volume1.63 million shs
Market Capitalization$2.94 billion
P/E Ratio5.29
Dividend Yield2.14%
Beta1.26
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. The company was founded in 2008 and is based in Hamilton, Bermuda.
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Essent Group logo

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$867.57 million
Cash Flow$5.85 per share
Book Value$30.34 per share

Profitability

Net Income$555.71 million

Miscellaneous

EmployeesN/A
Market Cap$2.94 billion
Next Earnings Date5/1/2020 (Estimated)
OptionableOptionable

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Essent Group (NYSE:ESNT) Frequently Asked Questions

How has Essent Group's stock been impacted by COVID-19 (Coronavirus)?

Essent Group's stock was trading at $37.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ESNT shares have decreased by 20.9% and is now trading at $29.90. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Essent Group?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Essent Group.

When is Essent Group's next earnings date?

Essent Group is scheduled to release its next quarterly earnings announcement on Friday, May 1st 2020. View our earnings forecast for Essent Group.

How were Essent Group's earnings last quarter?

Essent Group Ltd (NYSE:ESNT) issued its earnings results on Friday, February, 14th. The financial services provider reported $1.49 earnings per share for the quarter, beating analysts' consensus estimates of $1.46 by $0.03. The financial services provider had revenue of $228.80 million for the quarter, compared to analysts' expectations of $225.94 million. Essent Group had a return on equity of 20.08% and a net margin of 64.05%. The business's revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.31 earnings per share. View Essent Group's earnings history.

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

Essent Group declared a quarterly dividend on Friday, February 14th. Investors of record on Tuesday, March 10th will be paid a dividend of $0.16 per share on Friday, March 20th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend is Monday, March 9th. This is an increase from Essent Group's previous quarterly dividend of $0.15. View Essent Group's dividend history.

What price target have analysts set for ESNT?

5 equities research analysts have issued 1 year price objectives for Essent Group's shares. Their forecasts range from $36.00 to $67.00. On average, they expect Essent Group's share price to reach $52.60 in the next year. This suggests a possible upside of 75.9% from the stock's current price. View analysts' price targets for Essent Group.

Has Essent Group been receiving favorable news coverage?

Media headlines about ESNT stock have trended somewhat negative this week, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Essent Group earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutEssent Group.

Are investors shorting Essent Group?

Essent Group saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,181,000 shares, an increase of 5.4% from the February 27th total of 1,120,000 shares. Based on an average daily volume of 677,100 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.2% 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), Verizon Communications (VZ), Walt Disney (DIS), CVS Health (CVS), Home Depot (HD), QUALCOMM (QCOM), Mastercard (MA), Cisco Systems (CSCO) and Adobe (ADBE).

Who are Essent Group's key executives?

Essent Group's management team includes the following 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)

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 shareholders include Capital Research Global Investors (9.17%), FMR LLC (7.11%), Alliancebernstein L.P. (3.81%), State Street Corp (2.38%), Geode Capital Management LLC (1.89%) and Macquarie Group Ltd. (1.64%). Company insiders that own Essent Group stock include David B Weinstock, Jeff Cashmer, Joseph Hissong, Lawrence E Mcalee Jr, Mary Lourdes Gibbons, Robert Glanville, Roy James Kasmar 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 Rothschild & Co. Asset Management US Inc., Capital Research Global Investors, Westfield Capital Management Co. LP, FMR LLC, Boston Partners, Schonfeld Strategic Advisors LLC, Point72 Asset Management L.P., and Nicholas Investment Partners LP. 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, Roy James Kasmar, and Vijay Bhasin. View insider buying and selling activity for Essent Group.

Which major investors are buying Essent Group stock?

ESNT stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Alliancebernstein L.P., Pictet Asset Management Ltd., Clark Capital Management Group Inc., California Public Employees Retirement System, Victory Capital Management Inc., Bank of New York Mellon Corp, and Goldman Sachs Group Inc.. View insider buying and selling activity 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 $29.90.

How big of a company is Essent Group?

Essent Group has a market capitalization of $2.94 billion and generates $867.57 million in revenue each year. The financial services provider earns $555.71 million in net income (profit) each year or $5.66 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:  385 (Vote Outperform)
Underperform Votes:  351 (Vote Underperform)
Total Votes:  736
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 3/30/2020 by MarketBeat.com Staff

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