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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Surety insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:ESNT
Previous Symbol
CUSIPN/A
Phone441-297-9901
Debt
Debt-to-Equity RatioN/A
Current Ratio0.46
Quick Ratio0.69
Price-To-Earnings
Trailing P/E Ratio13.15
Forward P/E Ratio8.84
P/E Growth0.88
Sales & Book Value
Annual Sales$576.51 million
Price / Sales6.94
Cash Flow$3.1687 per share
Price / Cash12.86
Book Value$22.57 per share
Price / Book1.81
Profitability
EPS (Most Recent Fiscal Year)$3.10
Net Income$379.74 million
Net Margins72.96%
Return on Equity20.18%
Return on Assets14.79%
Miscellaneous
Employees397
Outstanding Shares98,140,000
Market Cap$3.98 billion
OptionableOptionable
Essent Group (NYSE:ESNT) Frequently Asked Questions
What is Essent Group's stock symbol?
Essent Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESNT."
How were Essent Group's earnings last quarter?
Essent Group Ltd (NYSE:ESNT) announced its quarterly earnings data on Friday, November, 9th. The financial services provider reported $1.18 EPS for the quarter, beating the consensus estimate of $1.12 by $0.06. The financial services provider had revenue of $185 million for the quarter, compared to analyst estimates of $181.40 million. Essent Group had a return on equity of 20.18% and a net margin of 72.96%. The company's revenue was up 23.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.82 EPS. View Essent Group's Earnings History.
When is Essent Group's next earnings date?
What price target have analysts set for ESNT?
11 Wall Street analysts have issued twelve-month target prices for Essent Group's stock. Their predictions range from $38.00 to $62.00. On average, they anticipate Essent Group's stock price to reach $51.3750 in the next twelve months. This suggests a possible upside of 26.0% from the stock's current price. View Analyst Price Targets for Essent Group.
What is the consensus analysts' recommendation for Essent Group?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Essent Group.
What are Wall Street analysts saying about Essent Group stock?
Here are some recent quotes from research analysts about Essent Group stock:
- 1. According to Zacks Investment Research, "Essent Group Ltd., through its subsidiaries, operates as a private mortgage insurance company. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. Essent Group Ltd. is based in Hamilton, Bermuda. " (10/25/2018)
- 2. Wells Fargo & Co analysts commented, "Wells Fargo Securities, LLC’s research analysts receive compensation that is based upon and impacted by the overall profitability and revenue of the firm, which includes, but is not limited to investment banking revenue." (5/4/2018)
Has Essent Group been receiving favorable news coverage?
News stories about ESNT stock have been trending neutral this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Essent Group earned a media sentiment score of 0.3 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the stock's share price in the near term.
Who are some of Essent Group's key competitors?
Who are Essent Group's key executives?
Essent Group's management team includes the folowing people:
- Mr. Mark Anthony Casale, Chairman, CEO & Pres (Age 53)
- Mr. Lawrence Edmond McAlee Jr., CPA, Sr. VP & CFO (Age 54)
- Ms. Mary Lourdes Gibbons, Chief Legal Officer, Sr. VP & Assistant Sec. (Age 56)
- Mr. Vijay Bhasin, Chief Risk Officer & Sr. VP (Age 53)
- Mr. Jeffrey Robert Cashmer, Sr. VP of Bus. Devel. (Age 47)
Who are Essent Group's major shareholders?
Essent Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Capital Research Global Investors (9.31%), FMR LLC (8.80%), BlackRock Inc. (7.62%), Alliancebernstein L.P. (3.00%), Macquarie Group Ltd. (1.90%) and Man Group plc (1.40%). Company insiders that own Essent Group stock include (Cayman) Co Pbra, Andrew Turnbull, David B Weinstock, Jeff Cashmer, Lawrence E Mcalee Jr, Mark Casale, Mary Lourdes Gibbons, Robert Glanville 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., Deutsche Bank AG, Renaissance Technologies LLC, Wells Fargo & Company MN, Allianz Asset Management GmbH, Capital Fund Management S.A., Robeco Institutional Asset Management B.V. and Bank of Montreal Can. Company insiders that have sold Essent Group company stock in the last year include Andrew Turnbull, David B Weinstock, Jeff Cashmer, Lawrence E Mcalee Jr, Mark Casale, Mary Lourdes Gibbons, Robert Glanville and Vijay Bhasin. View Insider Buying and Selling 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 FMR LLC, Capital Research Global Investors, Schroder Investment Management Group, Rothschild & Co. Asset Management US Inc., Bank of New York Mellon Corp, Alliancebernstein L.P., Macquarie Group Ltd. and The Manufacturers Life Insurance Company . View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Essent Group's stock price today?
One share of ESNT stock can currently be purchased for approximately $40.78.
How big of a company is Essent Group?
Essent Group has a market capitalization of $3.98 billion and generates $576.51 million in revenue each year. The financial services provider earns $379.74 million in net income (profit) each year or $3.10 on an earnings per share basis. Essent Group employs 397 workers across the globe.
What is Essent Group's official website?
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]
MarketBeat Community Rating for Essent Group (NYSE ESNT)
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.
