Essent Group Stock Forecast, Price & News

Essent Group's stock was trading at $37.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ESNT shares have increased by 27.2% and is now trading at $48.10.
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11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last year. There are currently 1 sell rating, 2 hold ratings and 8 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, February 12th 2021.
View our earnings forecast for Essent Group.

Essent Group Ltd. (NYSE:ESNT) posted its quarterly earnings data on Friday, November, 6th. The financial services provider reported $1.11 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.99 by $0.12. The financial services provider earned $243 million during the quarter, compared to the consensus estimate of $240.48 million. Essent Group had a return on equity of 12.97% and a net margin of 46.59%. Essent Group's revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.47 EPS.
View Essent Group's earnings history.

Essent Group announced a quarterly dividend on Friday, November 6th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $0.16 per share on Thursday, December 10th. This represents a $0.64 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Monday, November 30th.
View Essent Group's dividend history.

Essent Group pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.33%. 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 brokerages have issued 12-month price targets for Essent Group's stock. Their forecasts range from $38.00 to $58.00. On average, they expect Essent Group's stock price to reach $47.36 in the next year. This suggests that the stock has a possible downside of 1.5%.
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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 State of Alaska Department of Revenue (0.02%), Crossmark Global Holdings Inc. (0.01%) and Diversified Trust Co (0.00%). 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 Crossmark Global Holdings Inc., and State of Alaska Department of Revenue. 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 purchased by a variety of institutional investors in the last quarter, including Diversified Trust Co. 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.

One share of ESNT stock can currently be purchased for approximately $48.10.

Essent Group has a market capitalization of $5.41 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'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]