NYSE:ESNT Essent Group Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Essent Group Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $37.21 -0.18 (-0.48 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$36.70Now: $37.21▼$37.8450-Day Range$34.78MA: $36.44▼$38.5652-Week Range$17.52Now: $37.21▼$55.84Volume34,305 shsAverage Volume1.30 million shsMarket Capitalization$4.18 billionP/E Ratio8.04Dividend Yield1.72%Beta1.42 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingEssent Group has received a consensus rating of Buy. The company's average rating score is 2.55, and is based on 7 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $46.82, Essent Group has a forecasted upside of 25.8% from its current price of $37.21.Amount of Analyst CoverageEssent Group has only been the subject of 1 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesEssent Group has received 392 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEssent Group has received 363 “underperform” votes. (Add your “underperform” vote.)Community SentimentEssent Group has received 51.92% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldEssent Group pays a meaningful dividend of 1.72%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEssent Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Essent Group is 11.31%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Essent Group will have a dividend payout ratio of 14.04% next year. This indicates that Essent Group will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Essent Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.90% of the stock of Essent Group is held by insiders.Percentage Held by Institutions93.33% of the stock of Essent Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Essent Group are expected to grow by 38.18% in the coming year, from $3.30 to $4.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Essent Group is 8.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Essent Group is 8.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.67.Price to Book Value per Share RatioEssent Group has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.6Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.37 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Surety insurance Sub-IndustryN/A SectorFinance Current SymbolNYSE:ESNT Previous Symbol CUSIPN/A CIK1448893 Webwww.essentgroup.com Phone441-297-9901Debt Debt-to-Equity RatioN/A Current Ratio1.26 Quick Ratio1.26Price-To-Earnings Trailing P/E Ratio8.04 Forward P/E Ratio11.28 P/E GrowthN/A Sales & Book Value Annual Sales$867.57 million Price / Sales4.82 Cash Flow$5.68 per share Price / Cash Flow6.55 Book Value$30.34 per share Price / Book1.23Profitability EPS (Most Recent Fiscal Year)$5.66 Net Income$555.71 million Net Margins49.62% Return on Equity14.53% Return on Assets10.94%Miscellaneous EmployeesN/A Outstanding Shares112,423,000Market Cap$4.18 billion Next Earnings Date11/13/2020 (Estimated) OptionableOptionable $37.21 -0.18 (-0.48 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ESNT News and Ratings via Email Sign-up to receive the latest news and ratings for ESNT and its competitors with MarketBeat's FREE daily newsletter. Essent Group (NYSE:ESNT) Frequently Asked Questions How has Essent Group's stock been impacted by Coronavirus (COVID-19)? 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. Since then, ESNT shares have decreased by 1.6% and is now trading at $37.21. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Essent Group? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last year. There are currently 1 sell rating, 3 hold ratings and 7 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, November 13th 2020. View our earnings forecast for Essent Group. How were Essent Group's earnings last quarter? Essent Group Ltd (NYSE:ESNT) announced its earnings results on Friday, August, 7th. The financial services provider reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.01. The financial services provider earned $236.08 million during the quarter, compared to analyst estimates of $227.31 million. Essent Group had a net margin of 49.62% and a return on equity of 14.53%. Essent Group's revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.39 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 announced a quarterly dividend on Friday, August 7th. Stockholders of record on Monday, August 31st will be given a dividend of $0.16 per share on Thursday, September 10th. This represents a $0.64 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Friday, August 28th. View Essent Group's dividend history. What price target have analysts set for ESNT? 11 Wall Street analysts have issued 1 year target prices for Essent Group's stock. Their forecasts range from $36.00 to $60.00. On average, they expect Essent Group's share price to reach $46.82 in the next year. This suggests a possible upside of 25.8% from the stock's current price. View analysts' price targets for Essent Group. Who are some of Essent Group's key competitors? Some companies that are related to Essent Group include Old Republic International (ORI), MGIC Investment (MTG), Radian Group (RDN), NMI (NMIH), Assured Guaranty (AGO), Ambac Financial Group (AMBC), Ambac Financial Group (AMBC), MBIA (MBI), Syncora (SYCRF), ACMAT (ACMTA) and American Overseas Group (AOREF). View all 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), QUALCOMM (QCOM), Walt Disney (DIS), Intel (INTC), Home Depot (HD), CVS Health (CVS), Procter & Gamble (PG) and Applied Materials (AMAT). 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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.10%), FMR LLC (8.83%), Goldman Sachs Group Inc. (4.35%), Bank of New York Mellon Corp (2.18%), Macquarie Group Ltd. (1.78%) and Russell Investments Group Ltd. (1.26%). Company insiders that own Essent Group stock include David B Weinstock, Jeff Cashmer, Joseph Hissong, Lawrence E Mcalee Jr, Mark Casale, 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 Victory Capital Management Inc., Man Group plc, APG Asset Management N.V., Schonfeld Strategic Advisors LLC, Grantham Mayo Van Otterloo & Co. LLC, First Quadrant L P CA, Point72 Asset Management L.P., and Prudential Financial Inc.. Company insiders that have sold Essent Group company stock in the last year include David B Weinstock, 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 acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., FMR LLC, LSV Asset Management, Vanguard Group Inc., Bank of New York Mellon Corp, Russell Investments Group Ltd., Principal Financial Group Inc., and Principal Financial Group Inc.. Company insiders that have bought Essent Group stock in the last two years include Mark Casale, and Robert Glanville. 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 $37.21. How big of a company is Essent Group? Essent Group has a market capitalization of $4.18 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. What is Essent Group's official website? The official website for Essent Group is 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] This page was last updated on 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
