Essent Group Company Profile (NYSE:ESNT)

About Essent Group (NYSE:ESNT)

Essent Group logoEssent Group Ltd. is a private mortgage insurance company. The Company is engaged in offering private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its products and services include mortgage insurance, contract underwriting, and Bermuda-based insurance and reinsurance. The Company's primary mortgage insurance is offered to customers on individual loans at the time of origination on a flow basis, but can also be written in bulk transactions. Its pool insurance provides additional credit enhancement for certain secondary market and other mortgage transactions. The primary mortgage insurance operations were conducted through Essent Guaranty, Inc. which is a mortgage insurer licensed to write mortgage insurance in all 50 states and the District of Columbia, as of December 31, 2016. It offers primary mortgage insurance, pool insurance and master policy. It provides contract underwriting services through CUW Solutions, LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:ESNT
  • CUSIP: N/A
  • Web:
  • Market Cap: $3.55683 billion
  • Outstanding Shares: 93,379,000
Average Prices:
  • 50 Day Moving Avg: $37.31
  • 200 Day Moving Avg: $36.11
  • 52 Week Range: $23.38 - $39.61
  • Trailing P/E Ratio: 14.69
  • Foreward P/E Ratio: 11.73
  • P/E Growth: 0.82
Sales & Book Value:
  • Annual Revenue: $483.38 million
  • Price / Sales: 7.41
  • Book Value: $15.13 per share
  • Price / Book: 2.53
  • EBIDTA: $336.17 million
  • Net Margins: 49.91%
  • Return on Equity: 18.16%
  • Return on Assets: 13.14%
  • Current Ratio: 0.42%
  • Quick Ratio: 0.42%
  • Average Volume: 495,089 shs.
  • Beta: 1.14
  • Short Ratio: 2.79
Frequently Asked Questions for Essent Group (NYSE:ESNT)

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) posted its quarterly earnings data on Friday, May, 5th. The company reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.03. The company earned $127.60 million during the quarter, compared to analysts' expectations of $126.70 million. Essent Group had a return on equity of 18.16% and a net margin of 49.91%. The firm's revenue for the quarter was up 24.5% on a year-over-year basis. During the same period last year, the firm earned $0.52 EPS. View Essent Group's Earnings History.

When will Essent Group make its next earnings announcement?

Essent Group is scheduled to release their next quarterly earnings announcement on Friday, August, 4th 2017. View Earnings Estimates for Essent Group.

Where is Essent Group's stock going? Where will Essent Group's stock price be in 2017?

8 equities research analysts have issued 1-year price targets for Essent Group's shares. Their forecasts range from $26.00 to $43.00. On average, they anticipate Essent Group's stock price to reach $38.17 in the next twelve months. View Analyst Ratings for Essent Group.

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:

  • Mark A. Casale, Chairman of the Board, President, Chief Executive Officer
  • Lawrence E. McAlee CPA, Chief Financial Officer, Senior Vice President
  • Vijay Bhasin Ph.D., Senior Vice President, Chief Risk Officer
  • Mary Lourdes Gibbons, Senior Vice President, Chief Legal Officer and Assistant Secretary
  • Jeff R. Cashmer, Senior Vice President - Business Development
  • Joseph G. Hissong, Senior Vice President; President of Essent Reinsurance Ltd.
  • David B. Weinstock, Chief Accounting Officer, Vice President
  • William L. Spiegel, Lead Independent Director
  • Aditya K. Dutt, Independent Director
  • Robert E. Glanville, Independent Director

Who owns Essent Group stock?

Essent Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.95%), Vaughan Nelson Investment Management L.P. (0.56%), Hartford Investment Management Co. (0.19%), Riggs Asset Managment Co. Inc. (0.06%), Russell Investments Group Ltd. (0.04%) and Strs Ohio (0.04%). 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.

Who sold Essent Group stock? Who is selling Essent Group stock?

Essent Group's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Meeder Asset Management Inc., Peregrine Capital Management LLC, Breton Hill Capital Ltd., Sheets Smith Wealth Management, Affinity Investment Advisors LLC, Hartford Investment Management Co. and US Bancorp DE. Company insiders that have sold Essent Group stock in the last year include (Cayman) Co Pbra, 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.

Who bought Essent Group stock? Who is buying Essent Group stock?

Essent Group's stock was bought by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., James Investment Research Inc., Quantitative Systematic Strategies LLC, Campbell & CO Investment Adviser LLC, Dixon Hubard Feinour & Brown Inc. VA, Strs Ohio and Riggs Asset Managment Co. Inc.. Company insiders that have bought Essent Group stock in the last two years include (Cayman) Co Pbra, Andrew Turnbull and Robert Glanville. View Insider Buying and Selling for Essent Group.

How do I buy Essent Group stock?

Shares of Essent Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Essent Group's stock price today?

One share of Essent Group stock can currently be purchased for approximately $38.35.

MarketBeat Community Rating for Essent Group (NYSE ESNT)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  149 (Vote Outperform)
Underperform Votes:  141 (Vote Underperform)
Total Votes:  290
MarketBeat's community ratings are surveys of what our community members think about Essent Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Essent Group (NYSE:ESNT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $38.17 (0.48% downside)

Analysts' Ratings History for Essent Group (NYSE:ESNT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/30/2017Keefe, Bruyette & WoodsReiterated RatingHold$40.00MediumView Rating Details
5/15/2017Barclays PLCBoost Price TargetOverweight$40.00 -> $43.00N/AView Rating Details
5/9/2017Bank of America CorporationUpgradeUnderperform -> Buy$38.00 -> $43.00HighView Rating Details
4/21/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$39.00LowView Rating Details
2/12/2017BTIG ResearchReiterated RatingHoldN/AView Rating Details
1/20/2017Deutsche Bank AGInitiated CoverageBuy$38.00N/AView Rating Details
8/8/2016Credit Suisse GroupReiterated RatingHoldN/AView Rating Details
8/5/2016Compass PointBoost Price TargetNeutral$24.00 -> $26.00N/AView Rating Details
2/16/2016MKM PartnersLower Price TargetNeutral$28.00 -> $18.00N/AView Rating Details
1/13/2016Goldman Sachs Group, Inc. (The)Lower Price Target$29.00 -> $27.00N/AView Rating Details
10/8/2015MacquarieLower Price TargetOutperform$33.00 -> $31.00N/AView Rating Details
(Data available from 7/26/2015 forward)


Earnings History for Essent Group (NYSE:ESNT)
Earnings by Quarter for Essent Group (NYSE:ESNT)
Earnings History by Quarter for Essent Group (NYSE ESNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/4/2017$0.70N/AView Earnings Details
5/5/2017Q1 2017$0.69$0.72$126.70 million$127.60 millionViewN/AView Earnings Details
2/10/2017Q416$0.63$0.68$121.50 million$126.37 millionViewN/AView Earnings Details
11/4/2016Q316$0.58$0.65$112.13 million$121.25 millionViewN/AView Earnings Details
8/4/2016Q216$0.53$0.57$105.30 million$108.50 millionViewN/AView Earnings Details
5/5/2016Q116$0.50$0.52$100.27 million$102.46 millionViewN/AView Earnings Details
2/12/2016Q415$0.47$0.48$96.30 million$97.50 millionViewListenView Earnings Details
11/5/2015Q315$0.44$0.44$90.21 million$91.70 millionViewN/AView Earnings Details
8/7/2015Q215$0.40$0.41$84.33 million$84.10 millionViewN/AView Earnings Details
5/8/2015Q115$0.35$0.38$78.80 million$80.00 millionViewN/AView Earnings Details
2/13/2015Q414$0.31$0.33$71.18 million$72.74 millionViewN/AView Earnings Details
11/6/2014Q314$0.26$0.29$60.50 million$64.60 millionViewN/AView Earnings Details
8/8/2014Q214$0.20$0.23$53.51 million$54.30 millionViewN/AView Earnings Details
5/8/2014Q114$0.18$0.18$48.09 million$47.82 millionViewN/AView Earnings Details
2/28/2014Q413$0.23$0.23$36.40 million$42.35 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Essent Group (NYSE:ESNT)
Current Year EPS Consensus Estimate: $2.88 EPS
Next Year EPS Consensus Estimate: $3.27 EPS


Dividend History for Essent Group (NYSE:ESNT)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Essent Group (NYSE:ESNT)
Insider Ownership Percentage: 18.10%
Institutional Ownership Percentage: 86.22%
Insider Trades by Quarter for Essent Group (NYSE:ESNT)
Institutional Ownership by Quarter for Essent Group (NYSE:ESNT)
Insider Trades by Quarter for Essent Group (NYSE:ESNT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/18/2017Mary Lourdes GibbonsSVPSell393$39.00$15,327.00View SEC Filing  
7/17/2017Mary Lourdes GibbonsSVPSell4,207$39.00$164,073.00View SEC Filing  
7/14/2017David B. WeinstockVPSell2,000$38.51$77,020.00View SEC Filing  
7/7/2017Lawrence E Mcalee JrCFOSell2,000$39.02$78,040.00View SEC Filing  
7/3/2017Lawrence E Mcalee JrCFOSell2,000$38.01$76,020.00View SEC Filing  
6/30/2017Lawrence E Mcalee JrCFOSell7,000$36.99$258,930.00View SEC Filing  
1/25/2017Vijay BhasinSVPSell13,131$34.06$447,241.86View SEC Filing  
1/18/2017Vijay BhasinSVPSell10,000$32.02$320,200.00View SEC Filing  
1/4/2017Mark CasaleCEOSell250,000$32.59$8,147,500.00View SEC Filing  
12/15/2016(Cayman) Co PbraInsiderSell101,550$32.23$3,272,956.50View SEC Filing  
12/12/2016Robert GlanvilleDirectorSell3,000$33.73$101,190.00View SEC Filing  
11/11/2016Lawrence E Mcalee JrCFOSell7,404$29.80$220,639.20View SEC Filing  
10/19/2016Lawrence E Mcalee JrCFOSell3,000$28.50$85,500.00View SEC Filing  
10/12/2016Lawrence E Mcalee JrCFOSell2,000$27.50$55,000.00View SEC Filing  
9/21/2016Lawrence E Mcalee JrCFOSell6,020$27.17$163,563.40View SEC Filing  
9/19/2016Mary Lourdes GibbonsSVPSell7,500$27.83$208,725.00View SEC Filing  
8/16/2016Jeff CashmerSVPSell24,000$26.15$627,600.00View SEC Filing  
7/6/2016Andrew TurnbullDirectorBuy36,353$21.33$775,409.49View SEC Filing  
5/19/2016(Cayman) Co PbraInsiderBuy15,534$19.64$305,087.76View SEC Filing  
5/16/2016Jeff CashmerSVPSell24,000$20.15$483,600.00View SEC Filing  
3/15/2016(Cayman) Co PbraInsiderBuy265,017$19.56$5,183,732.52View SEC Filing  
3/10/2016(Cayman) Co PbraInsiderBuy143,097$19.50$2,790,391.50View SEC Filing  
3/9/2016(Cayman) Co PbraInsiderBuy289,838$19.42$5,628,653.96View SEC Filing  
3/8/2016Robert GlanvilleDirectorBuy1,000$19.31$19,310.00View SEC Filing  
2/24/2016(Cayman) Co PbraInsiderBuy264,436$19.10$5,050,727.60View SEC Filing  
2/23/2016(Cayman) Co PbraMajor ShareholderBuy95,000$19.29$1,832,550.00View SEC Filing  
2/22/2016(Cayman) Co PbraMajor ShareholderBuy119,397$19.40$2,316,301.80View SEC Filing  
2/18/2016(Cayman) Co PbraInsiderBuy68,572$18.14$1,243,896.08View SEC Filing  
11/16/2015Robert GlanvilleDirectorBuy1,000$23.10$23,100.00View SEC Filing  
8/18/2015Robert GlanvilleDirectorBuy1,000$27.65$27,650.00View SEC Filing  
8/14/2015(Cayman) Co PbraInsiderSell2,600,000$27.25$70,850,000.00View SEC Filing  
8/12/2015Robert GlanvilleDirectorBuy1,000$27.53$27,530.00View SEC Filing  
6/15/2015Lawrence E Mcalee JrCFOSell4,000$26.75$107,000.00View SEC Filing  
6/15/2015Mary Lourdes GibbonsSVPSell8,000$27.00$216,000.00View SEC Filing  
6/9/2015Robert GlanvilleDirectorBuy1,000$24.81$24,810.00View SEC Filing  
6/4/2015Robert GlanvilleDirectorBuy1,000$25.45$25,450.00View SEC Filing  
6/2/2015Robert GlanvilleDirectorBuy1,000$25.55$25,550.00View SEC Filing  
5/8/2015Lawrence E Mcalee JrCFOSell2,000$26.00$52,000.00View SEC Filing  
5/8/2015Mary Lourdes GibbonsSVPSell3,900$26.00$101,400.00View SEC Filing  
4/27/2015Mary Lourdes GibbonsSVPSell100$26.00$2,600.00View SEC Filing  
4/15/2015Lawrence E Mcalee JrCFOSell2,000$25.00$50,000.00View SEC Filing  
4/15/2015Mary Lourdes GibbonsSVPSell4,000$25.00$100,000.00View SEC Filing  
2/20/2015Adolfo MarzolEVPSell100,000$23.66$2,366,000.00View SEC Filing  
11/26/2014Goldman Sachs Group IncMajor ShareholderBuy40,000$24.60$984,000.00View SEC Filing  
11/25/2014(Cayman) Co PbraInsiderSell2,514,662$22.25$55,951,229.50View SEC Filing  
11/25/2014Adolfo MarzolEVPSell73,240$22.25$1,629,590.00View SEC Filing  
11/25/2014Goldman Sachs Group IncMajor ShareholderSell732,402$21.25$15,563,542.50View SEC Filing  
11/24/2014Goldman Sachs Group IncMajor ShareholderBuy45,000$23.92$1,076,400.00View SEC Filing  
11/21/2014Goldman Sachs Group IncMajor ShareholderBuy20,000$24.04$480,800.00View SEC Filing  
8/27/2014Adolfo MarzolEVPSell50,000$21.05$1,052,500.00View SEC Filing  
11/5/2013(Cayman) Co PbraInsiderBuy1,000,000$17.00$17,000,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Essent Group (NYSE:ESNT)
Latest Headlines for Essent Group (NYSE:ESNT)
DateHeadline logoMary Lourdes Gibbons Sells 393 Shares of Essent Group Ltd. (ESNT) Stock - July 20 at 8:02 PM logoEssent Group Ltd. (NYSE:ESNT) VP Sells $77,020.00 in Stock - July 18 at 7:52 PM logoEssent Group Ltd. (ESNT) SVP Mary Lourdes Gibbons Sells 4,207 Shares - July 18 at 7:24 PM logoEssent Group Ltd. (NYSE:ESNT) Receives Average Recommendation of "Buy" from Brokerages - July 18 at 2:42 PM logoEssent Group Ltd. (ESNT) Rating Lowered to Hold at Zacks Investment Research - July 12 at 12:04 AM logoEssent Group Ltd. (NYSE:ESNT) CFO Lawrence E. Mcalee, Jr. Sells 2,000 Shares - July 11 at 8:20 PM logoETFs with exposure to Essent Group Ltd. : July 10, 2017 - July 10 at 11:20 PM logoEssent Group Ltd. (NYSE:ESNT) Raised to "Buy" at Zacks Investment Research - July 10 at 7:14 PM logoMiss Alibaba's Big Move? This Other Sector Leader May Be Next - July 8 at 10:33 AM logoIBD 50 Stock With 68% Profit Margin, 51% EPS Growth Nears Breakout - July 6 at 7:40 PM logoInsider Selling: Essent Group Ltd. (ESNT) CFO Sells 2,000 Shares of Stock - July 5 at 7:44 PM logoEssent Group Ltd. (ESNT) CFO Lawrence E. Mcalee, Jr. Sells 7,000 Shares - July 5 at 7:26 PM logoZacks: Analysts Expect Essent Group Ltd. (NYSE:ESNT) Will Announce Earnings of $0.68 Per Share - July 4 at 2:20 PM logoEssent Group Ltd. breached its 50 day moving average in a Bullish Manner : ESNT-US : June 30, 2017 - June 30 at 6:42 PM logoETFs with exposure to Essent Group Ltd. : June 28, 2017 - June 28 at 6:06 PM logoEssent Group Ltd. (ESNT) Given Average Recommendation of "Buy" by Brokerages - June 23 at 12:34 PM logoEssent Group Ltd. breached its 50 day moving average in a Bullish Manner : ESNT-US : June 14, 2017 - June 14 at 6:14 PM logoEssent Group Ltd (ESNT) Stock Rating Upgraded by ValuEngine - June 9 at 3:58 PM logoAnalysts Forecast 12% Gains Ahead For The Holdings of KBE - June 8 at 6:02 PM logoETFs with exposure to Essent Group Ltd. : June 8, 2017 - June 8 at 6:02 PM logoZacks: Analysts Anticipate Essent Group Ltd (ESNT) to Announce $0.69 Earnings Per Share - June 8 at 12:24 PM logoEssent Group Ltd. :ESNT-US: Earnings Analysis: Q1, 2017 By the Numbers : June 6, 2017 - June 6 at 5:27 PM logoThe Cycles in Mortgage Insurance - May 31 at 10:03 PM logoEssent Group's (ESNT) "Hold" Rating Reaffirmed at Keefe, Bruyette & Woods - May 30 at 7:52 AM logoEssent Group Ltd (ESNT) Receives Consensus Rating of "Hold" from Analysts - May 29 at 12:46 PM logoEssent Group Ltd. breached its 50 day moving average in a Bullish Manner : ESNT-US : May 29, 2017 - May 29 at 10:45 AM logoEssent Group Ltd. Announces Amended and Extended $375 Million Credit Facility - Business Wire (press release) - May 19 at 5:19 AM logoEssent Group Ltd. Announces Amended and Extended $375 Million Credit Facility - May 19 at 5:19 AM logoZacks: Analysts Expect Essent Group Ltd (ESNT) Will Announce Earnings of $0.69 Per Share - May 12 at 12:30 PM logoEssent Group Ltd (ESNT) Downgraded by Zacks Investment Research to "Hold" - May 10 at 11:54 PM logoEssent Group (ESNT) Confirms Resignation of Adolfo Marzol from ... - - May 10 at 7:55 AM logoEdited Transcript of ESNT earnings conference call or presentation 5-May-17 2:00pm GMT - May 10 at 7:55 AM logoEssent Group Ltd. Announces Resignation of Adolfo Marzol from Board of Directors - May 9 at 4:57 PM logoEssent Group Ltd (ESNT) Price Target Raised to $43.00 - May 8 at 1:36 PM logoEssent Group Ltd. breached its 50 day moving average in a Bearish Manner : ESNT-US : May 8, 2017 - May 8 at 9:09 AM logoEssent's (ESNT) CEO Mark Casale on Q1 2017 Results - Earnings Call Transcript - May 5 at 5:14 PM logoEssent Group Ltd. Reports First Quarter 2017 Results - May 5 at 5:14 PM logoEssent Group beats 1Q profit forecasts - May 5 at 5:14 PM logoEssent Group Ltd (ESNT) Issues Earnings Results - May 5 at 4:19 PM logoEssent Group Ltd (ESNT) Set to Announce Earnings on Friday - May 3 at 9:08 AM logoEssent Group (ESNT) Earns Daily Media Impact Rating of 0.51 - May 2 at 10:00 PM logoEssent Group Ltd (ESNT) Receives Average Recommendation of "Hold" from Analysts - May 2 at 2:26 PM logoEssent Group (ESNT) Getting Favorable Media Coverage, Study Finds - April 29 at 10:58 AM logoEssent Group's (ESNT) Hold Rating Reiterated at Keefe, Bruyette & Woods - April 28 at 2:58 PM logoEssent Group (ESNT) Earns Daily Media Impact Rating of 0.15 - April 27 at 1:09 AM logoEssent Group (ESNT) Getting Favorable News Coverage, AlphaOne Reports - April 23 at 4:21 PM logoEssent Group Ltd (ESNT) Cut to "Neutral" at JPMorgan Chase & Co. - April 21 at 11:06 PM logoZacks: Brokerages Expect Essent Group Ltd (ESNT) to Announce $0.69 Earnings Per Share - April 21 at 7:30 PM logoEssent Group (ESNT) Earns Daily News Impact Rating of 0.57 - April 20 at 11:50 AM logoEssent Group Ltd. Schedules First Quarter Earnings Conference Call on May 5, 2017 - April 12 at 10:07 AM



Essent Group (ESNT) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by Staff