NYSE:ESNTEssent Group Stock Price, Forecast & 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 $21.55 -2.49 (-10.36 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$20.90Now: $21.55▼$23.8250-Day Range$19.54MA: $38.89▼$52.0252-Week Range$17.52Now: $21.55▼$55.84Volume1.18 million shsAverage Volume1.65 million shsMarket Capitalization$2.12 billionP/E Ratio3.81Dividend Yield2.66%Beta1.61 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 3.4 Analyst's Opinion Consensus RatingEssent Group has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $52.60, Essent Group has a potential upside of 144.1% from its current price of $21.55.Amount of Analyst CoverageEssent Group has only been the subject of 4 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesEssent Group has received 386 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEssent Group has received 352 “underperform” votes. (Add your “underperform” vote.)Community SentimentEssent Group has received 52.30% “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 3.3 Dividend Strength Dividend LeadershipEssent Group is a leading dividend payer. It pays a dividend yield of 2.66%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEssent Group does not have a long track record of dividend growth.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 10.77 % next year. This indicates that Essent Group will be able to sustain or increase its dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Essent Group insiders have bought 24.66% more of their company's stock than they have sold. Specifically, they have bought $85,080.00 in company stock and sold $68,250.00 in company stock.Percentage Held by InsidersOnly 2.90% of the stock of Essent Group is held by insiders.Percentage Held by Institutions92.28% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Essent Group are expected to grow by 10.61% in the coming year, from $5.37 to $5.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Essent Group is 3.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 10.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Essent Group is 3.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.33.Price to Earnings Growth RatioEssent Group has a PEG Ratio of 0.45. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioEssent Group has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 3.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.22 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 Webhttp://www.essentgroup.com/ Phone441-297-9901Debt Debt-to-Equity RatioN/A Current Ratio0.70 Quick Ratio0.70Price-To-Earnings Trailing P/E Ratio3.81 Forward P/E Ratio4.01 P/E Growth0.45 Sales & Book Value Annual Sales$867.57 million Price / Sales2.45 Cash Flow$5.24 per share Price / Cash Flow4.11 Book Value$30.34 per share Price / Book0.71Profitability EPS (Most Recent Fiscal Year)$5.66 Net Income$555.71 million Net Margins64.05% Return on Equity20.08% Return on Assets15.34%Miscellaneous EmployeesN/A Outstanding Shares98,450,000Market Cap$2.12 billion Next Earnings Date5/1/2020 (Estimated) OptionableOptionable 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. ESNT Rates by TradingView 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 reached pandemic status according to the World Health Organization (WHO). Since then, ESNT stock has decreased by 43.0% and is now trading at $21.55. 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 quarterly earnings data on Friday, February, 14th. The financial services provider reported $1.49 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.46 by $0.03. The financial services provider earned $228.80 million during the quarter, compared to the consensus estimate 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 period last year, the company posted $1.31 EPS. 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 given a dividend of $0.16 per share on Friday, March 20th. This represents a $0.64 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date is Monday, March 9th. This is a positive change 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 twelve-month target prices for Essent Group's stock. 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 twelve months. This suggests a possible upside of 144.1% from the stock's current price. View analysts' price targets for Essent Group. Has Essent Group been receiving favorable news coverage? Media coverage about ESNT stock has been trending very negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Essent Group earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutEssent Group. Are investors shorting Essent Group? Essent Group saw a increase in short interest during 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 trading volume of 677,100 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.2% of the company's shares are short sold. View Essent Group's Current Options Chain. Who are some of Essent Group's key competitors? Some companies that are related to Essent Group include Old Republic International (ORI), Radian Group (RDN), Assured Guaranty (AGO), MGIC Investment (MTG), NMI (NMIH), Ambac Financial Group (AMBC), MBIA (MBI) and Syncora (SYCRF). 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 many different retail and institutional investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). 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 institutional investors are selling Essent Group stock? ESNT stock was sold by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. 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. 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 $21.55. How big of a company is Essent Group? Essent Group has a market capitalization of $2.12 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: Why does the United States have a lingering trade deficit?
