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S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
Modern Day Options Trading For Beginners! (Ad)pixel
3 Small Financial Software Makers Showing Strong Chart Action
Roku And The 20% Rally That’s About To Start 
Modern Day Options Trading For Beginners! (Ad)pixel
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Don't Be Fooled by These 3 Value Traps
Modern Day Options Trading For Beginners! (Ad)pixel
The Bottom Is In For McCormick & Company
Interactive Brokers: A Better Bet Than Schwab Post-SVB?
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
Modern Day Options Trading For Beginners! (Ad)pixel
3 Small Financial Software Makers Showing Strong Chart Action
Roku And The 20% Rally That’s About To Start 
Modern Day Options Trading For Beginners! (Ad)pixel
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Don't Be Fooled by These 3 Value Traps
Modern Day Options Trading For Beginners! (Ad)pixel
The Bottom Is In For McCormick & Company
Interactive Brokers: A Better Bet Than Schwab Post-SVB?
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
Modern Day Options Trading For Beginners! (Ad)pixel
3 Small Financial Software Makers Showing Strong Chart Action
Roku And The 20% Rally That’s About To Start 
Modern Day Options Trading For Beginners! (Ad)pixel
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Don't Be Fooled by These 3 Value Traps
Modern Day Options Trading For Beginners! (Ad)pixel
The Bottom Is In For McCormick & Company
Interactive Brokers: A Better Bet Than Schwab Post-SVB?
NYSE:ESNT

Essent Group - ESNT Stock Forecast, Price & News

$39.42
+0.03 (+0.08%)
(As of 03/28/2023 12:00 AM ET)
Add
Compare
Today's Range
$38.96
$39.56
50-Day Range
$36.78
$44.31
52-Week Range
$34.27
$45.01
Volume
354,290 shs
Average Volume
544,525 shs
Market Capitalization
$4.26 billion
P/E Ratio
5.11
Dividend Yield
2.54%
Price Target
$46.20

Essent Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
17.2% Upside
$46.20 Price Target
Short Interest
Healthy
1.32% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.45
Upright™ Environmental Score
News Sentiment
0.55mentions of Essent Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$156,965 Sold Last Quarter
Proj. Earnings Growth
11.60%
From $6.12 to $6.83 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.74 out of 5 stars

Finance Sector

293rd out of 891 stocks

Surety Insurance Industry

2nd out of 8 stocks


ESNT stock logo

About Essent Group (NYSE:ESNT) Stock

Essent Group Ltd. is a holding company, which engages in the provision of banking services. It offers mortgage insurance, reinsurance, and risk management products. The company was founded by Mark A. Casale on July 1, 2008 and is headquartered in Hamilton, Bermuda.

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ESNT Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Essent Group Ltd: An Under-Followed Way to Bet on a Housing Rebound
An Under-Followed Way to Bet on a Housing Rebound
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Essent Group Raises Quarterly Dividend by 8.7% >ESNT
Essent Group (ESNT) Q4 Earnings and Revenues Lag Estimates
ESNT Essent Group Ltd.
What 4 Analyst Ratings Have To Say About Essent Gr
See More Headlines
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ESNT Company Calendar

Last Earnings
2/10/2023
Ex-Dividend for 3/20 Dividend
3/09/2023
Dividend Payable
3/20/2023
Today
3/28/2023
Next Earnings (Estimated)
5/05/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Surety insurance
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
343
Year Founded
2008

Price Target and Rating

Average Stock Price Forecast
$46.20
High Stock Price Forecast
$50.00
Low Stock Price Forecast
$43.00
Forecasted Upside/Downside
+17.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$831.35 million
Pretax Margin
98.74%

Debt

Sales & Book Value

Annual Sales
$1.00 billion
Cash Flow
$7.99 per share
Book Value
$41.43 per share

Miscellaneous

Free Float
104,961,000
Market Cap
$4.25 billion
Optionable
Optionable
Beta
1.19

Key Executives

  • Mark A. CasaleMark A. Casale
    Chairman, Co-President & Chief Executive Officer
  • David B. Weinstock
    VP, Chief Financial & Accounting Officer
  • Anthony David Shore
    Chief Compliance Officer & Vice President
  • Mary Lourdes GibbonsMary Lourdes Gibbons
    Chief Legal Officer, SVP & Assistant Secretary
  • Vijay BhasinVijay Bhasin
    Chief Risk Officer & Senior Vice President













ESNT Stock - Frequently Asked Questions

Should I buy or sell Essent Group stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ESNT shares.
View ESNT analyst ratings
or view top-rated stocks.

What is Essent Group's stock price forecast for 2023?

5 brokerages have issued 12 month target prices for Essent Group's stock. Their ESNT share price forecasts range from $43.00 to $50.00. On average, they expect the company's share price to reach $46.20 in the next year. This suggests a possible upside of 17.2% from the stock's current price.
View analysts price targets for ESNT
or view top-rated stocks among Wall Street analysts.

How have ESNT shares performed in 2023?

Essent Group's stock was trading at $38.88 on January 1st, 2023. Since then, ESNT stock has increased by 1.4% and is now trading at $39.42.
View the best growth stocks for 2023 here
.

Are investors shorting Essent Group?

Essent Group saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 1,380,000 shares, an increase of 31.4% from the February 13th total of 1,050,000 shares. Based on an average daily trading volume, of 436,400 shares, the short-interest ratio is presently 3.2 days. Approximately 1.3% of the shares of the company are short sold.
View Essent Group's Short Interest
.

When is Essent Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our ESNT earnings forecast
.

How were Essent Group's earnings last quarter?

Essent Group Ltd. (NYSE:ESNT) issued its quarterly earnings data on Friday, February, 10th. The financial services provider reported $1.37 earnings per share for the quarter, missing analysts' consensus estimates of $1.59 by $0.22. The financial services provider earned $230 million during the quarter, compared to analysts' expectations of $245.56 million. Essent Group had a net margin of 83.07% and a trailing twelve-month return on equity of 19.28%. The company's quarterly revenue was down 10.5% on a year-over-year basis. During the same quarter last year, the business posted $1.64 EPS.

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

Essent Group announced a quarterly dividend on Friday, February 10th. Investors of record on Friday, March 10th will be paid a dividend of $0.25 per share on Monday, March 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date is Thursday, March 9th. This is an increase from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for ESNT
.

Is Essent Group a good dividend stock?

Essent Group (NYSE:ESNT) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.57%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESNT will have a dividend payout ratio of 14.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESNT.

What is Mark A. Casale's approval rating as Essent Group's CEO?

6 employees have rated Essent Group Chief Executive Officer Mark A. Casale on Glassdoor.com. Mark A. Casale has an approval rating of 100% among the company's employees. This puts Mark A. Casale in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 Honeywell International (HON).

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 retail and institutional investors. Top institutional investors include Cooke & Bieler LP (3.67%), Macquarie Group Ltd. (3.61%), Dimensional Fund Advisors LP (2.54%), Geode Capital Management LLC (1.94%), Charles Schwab Investment Management Inc. (1.31%) and T. Rowe Price Investment Management Inc. (1.07%). Insiders that own company stock include Aditya Dutt, David B Weinstock, David B Weinstock, Douglas J Pauls, Lawrence E Mcalee Jr, Mark Casale, Mary Lourdes Gibbons, Robert Glanville, Roy James Kasmar, Vijay Bhasin and William Spiegel.
View institutional ownership trends
.

How do I buy shares of Essent Group?

Shares of ESNT stock 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.
Compare Top Brokerages Here.

What is Essent Group's stock price today?

One share of ESNT stock can currently be purchased for approximately $39.42.

How much money does Essent Group make?

Essent Group (NYSE:ESNT) has a market capitalization of $4.26 billion and generates $1.00 billion in revenue each year. The financial services provider earns $831.35 million in net income (profit) each year or $7.71 on an earnings per share basis.

How many employees does Essent Group have?

The company employs 343 workers across the globe.

How can I contact Essent Group?

Essent Group's mailing address is 2 CHURCH STREET, HAMILTON D0, HM 11. The official website for the company is www.essentgroup.com. The financial services provider can be reached via phone at (441) 297-9901 or via email at ir@essentgroup.com.

This page (NYSE:ESNT) was last updated on 3/29/2023 by MarketBeat.com Staff