Essent Group Stock Forecast, Price & News

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. The consensus among Wall Street analysts is that investors should "buy" Essent Group stock.
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Essent Group is scheduled to release its next quarterly earnings announcement on Friday, May 14th 2021.
View our earnings forecast for Essent Group.

Essent Group Ltd. (NYSE:ESNT) issued its quarterly earnings results on Thursday, February, 18th. The financial services provider reported $1.10 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.22 by $0.12. The financial services provider had revenue of $247.20 million for the quarter, compared to analysts' expectations of $253.03 million. Essent Group had a net margin of 46.59% and a trailing twelve-month return on equity of 12.97%. Essent Group's revenue was up 8.0% on a year-over-year basis. During the same period last year, the firm earned $1.49 EPS.
View Essent Group's earnings history.

Essent Group's stock was trading at $37.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ESNT shares have increased by 11.8% and is now trading at $42.27.
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Essent Group announced a quarterly dividend on Friday, February 19th. Stockholders of record on Wednesday, March 10th will be given a dividend of $0.16 per share on Friday, March 19th. This represents a $0.64 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Tuesday, March 9th.
View Essent Group's dividend history.

Essent Group pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.50%. Essent Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Essent Group is 11.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Essent Group will have a dividend payout ratio of 12.12% next year. This indicates that Essent Group will be able to sustain or increase its dividend.
View Essent Group's dividend history.

11 Wall Street analysts have issued 12-month target prices for Essent Group's stock. Their forecasts range from $38.00 to $58.00. On average, they anticipate Essent Group's stock price to reach $47.55 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price.
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6 employees have rated Essent Group CEO Mark A. Casale on Glassdoor.com. Mark A. Casale has an approval rating of 100% among Essent Group's employees. This puts Mark A. Casale in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Syncora (SYCRF), ACMAT (ACMTA), American Overseas Group (AOREF) and Triad Guaranty (TGIC).
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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), The Walt Disney (DIS), Intel (INTC), The Home Depot (HD), CVS Health (CVS), The Procter & Gamble (PG) and Honeywell International (HON).

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

Essent Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.57%), Boston Partners (3.26%), Bank of New York Mellon Corp (3.26%), Cooke & Bieler LP (2.85%), Alliancebernstein L.P. (2.52%) and Senvest Management LLC (2.27%). 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.

ESNT stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Alliancebernstein L.P., Cooke & Bieler LP, King Street Capital Management L.P., JPMorgan Chase & Co., Skyline Asset Management LP, Panagora Asset Management Inc., and Victory Capital Management Inc.. Company insiders that have sold Essent Group company stock in the last year include Lawrence E Mcalee Jr, and Mary Lourdes Gibbons.
View insider buying and selling activity for Essent Group or view top insider-selling stocks.

ESNT stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Morgan Stanley, Healthcare of Ontario Pension Plan Trust Fund, Healthcare of Ontario Pension Plan Trust Fund, Bank of New York Mellon Corp, Boston Partners, and Prana Capital Management LP. 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 or or view top insider-buying stocks.

Shares of ESNT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ESNT stock can currently be purchased for approximately $42.27.

Essent Group has a market capitalization of $4.77 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.

Essent Group employs 383 workers across the globe.

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

Essent Group is headquartered at 2 CHURCH STREET, HAMILTON D0, HM 11.

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]