NYSE:ESNTEssent Group Stock Price, Forecast & News

Essent Group's stock was trading at $37.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ESNT shares have decreased by 10.7% and is now trading at $33.75. View which stocks have been most impacted by Coronavirus.

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

Essent Group is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Essent Group.

Essent Group Ltd (NYSE:ESNT) released its quarterly earnings data on Friday, May, 8th. The financial services provider reported $1.52 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.23 by $0.29. The financial services provider had revenue of $228.80 million for the quarter, compared to analysts' expectations of $231.08 million. Essent Group had a return on equity of 19.83% and a net margin of 64.46%. The company's revenue for the quarter was up 14.1% on a year-over-year basis. During the same period last year, the business posted $1.30 EPS. View Essent Group's earnings history.

Essent Group announced a quarterly dividend on Friday, May 8th. Shareholders of record on Tuesday, June 2nd will be given a dividend of $0.16 per share on Friday, June 12th. This represents a $0.64 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Monday, June 1st. View Essent Group's dividend history.

6 equities research analysts have issued twelve-month price objectives for Essent Group's shares. Their forecasts range from $36.00 to $60.00. On average, they expect Essent Group's stock price to reach $49.17 in the next year. This suggests a possible upside of 45.7% from the stock's current price. View analysts' price targets for Essent Group.

News stories about ESNT stock have trended negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Essent Group earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media 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.

Essent Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,630,000 shares, an increase of 60.4% from the April 30th total of 1,640,000 shares. Based on an average trading volume of 1,380,000 shares, the short-interest ratio is presently 1.9 days. Approximately 2.8% of the company's shares are sold short. View Essent Group's Current Options Chain.

Some companies that are related to Essent Group include Old Republic International (ORI), MGIC Investment (MTG), Radian Group (RDN), Assured Guaranty (AGO), NMI (NMIH), Ambac Financial Group (AMBC), MBIA (MBI) and Syncora (SYCRF). View all competitors.

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), Intel (INTC), Applied Materials (AMAT) and Procter & Gamble (PG).

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

Essent Group's stock is owned by many different institutional and retail investors. Top institutional investors include Capital Research Global Investors (7.90%), BlackRock Inc. (7.20%), Alliancebernstein L.P. (4.78%), State Street Corp (2.43%), APG Asset Management N.V. (1.99%) and Geode Capital Management LLC (1.93%). 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.

ESNT stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., Capital Research Global Investors, BlackRock Inc., Wellington Management Group LLP, Federated Hermes Inc., UBS Group AG, and Nuveen Asset Management LLC. Company insiders that have sold Essent Group company stock in the last year include David B Weinstock, Joseph Hissong, Lawrence E Mcalee Jr, Mary Lourdes Gibbons, Roy James Kasmar, and Vijay Bhasin. View insider buying and selling activity for Essent Group.

ESNT stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Senvest Management LLC, Bank of New York Mellon Corp, Wells Fargo & Company MN, JPMorgan Chase & Co., Russell Investments Group Ltd., Schroder Investment Management Group, and Parametric Portfolio Associates LLC. View insider buying and selling activity for 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.

One share of ESNT stock can currently be purchased for approximately $33.75.

Essent Group has a market capitalization of $3.33 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.

The official website for Essent Group is www.essentgroup.com.

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]