NYSE:ESNTEssent Group Stock Price, Forecast & News

Essent Group's stock was trading at $37.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ESNT stock has decreased by 5.1% and is now trading at $35.89. View which stocks have been most impacted by Coronavirus.

9 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Essent Group.

Essent Group is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Essent Group.

Essent Group Ltd (NYSE:ESNT) announced its quarterly earnings data on Friday, May, 8th. The financial services provider reported $1.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.23 by $0.29. The financial services provider had revenue of $228.80 million for the quarter, compared to the consensus estimate of $231.08 million. Essent Group had a net margin of 64.46% and a return on equity of 19.83%. The firm's revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.30 earnings per share. View Essent Group's earnings history.

Essent Group announced a quarterly dividend on Friday, May 8th. Shareholders of record on Tuesday, June 2nd will be paid a dividend of $0.16 per share on Friday, June 12th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend is Monday, June 1st. View Essent Group's dividend history.

9 equities research analysts have issued 1-year target prices for Essent Group's shares. Their forecasts range from $36.00 to $60.00. On average, they anticipate Essent Group's stock price to reach $47.67 in the next year. This suggests a possible upside of 32.8% from the stock's current price. View analysts' price targets for Essent Group.

News articles about ESNT stock have trended negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Essent Group earned a news impact score of -2.6 on InfoTrie's scale. They also assigned press coverage 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 company's share price in the near future. View the latest news aboutEssent Group.

Essent Group saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,630,000 shares, an increase of 60.4% from the April 30th total of 1,640,000 shares. Based on an average daily volume of 1,380,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.8% of the company's stock are short sold. View Essent Group's Current Options Chain.

Some companies that are related to Essent Group include Old Republic International (ORI), Radian Group (RDN), MGIC Investment (MTG), Assured Guaranty (AGO), NMI (NMIH), Ambac Financial Group (AMBC), MBIA (MBI) and Syncora (SYCRF). View all competitors.

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), Intel (INTC), Applied Materials (AMAT) and Procter & Gamble (PG).

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

Essent Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Capital Research Global Investors (7.90%), BlackRock Inc. (7.20%), Alliancebernstein L.P. (4.78%), State Street Corp (2.43%), APG Asset Management N.V. (1.99%) and Geode Capital Management LLC (1.93%). 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 APG Asset Management N.V., APG Asset Management N.V., Capital Research Global Investors, BlackRock Inc., Wellington Management Group LLP, Federated Hermes Inc., UBS Group AG, and Nuveen Asset Management LLC. Company insiders that have sold Essent Group company stock in the last year include David B Weinstock, Joseph Hissong, Lawrence E Mcalee Jr, Mary Lourdes Gibbons, Roy James Kasmar, and Vijay Bhasin. View insider buying and selling activity for Essent Group.

ESNT stock was purchased by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Senvest Management LLC, Bank of New York Mellon Corp, Wells Fargo & Company MN, JPMorgan Chase & Co., Russell Investments Group Ltd., Schroder Investment Management Group, and Parametric Portfolio Associates LLC. 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.

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.

One share of ESNT stock can currently be purchased for approximately $35.89.

Essent Group has a market capitalization of $3.54 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.

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]