NYSE:ESNT Essent Group - ESNT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Essent Group Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. $42.92 -1.26 (-2.85%) (As of 02/6/2023 12:00 AM ET) Add Compare Share Share Today's Range$42.90▼$43.9750-Day Range$37.45▼$44.3152-Week Range$34.27▼$47.26Volume582,290 shsAverage Volume442,195 shsMarket Capitalization$4.62 billionP/E Ratio5.38Dividend Yield2.08%Price Target$45.60 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Essent Group MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside6.2% Upside$45.60 Price TargetShort InterestHealthy1.29% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews Sentiment0.60Based on 11 Articles This WeekInsider TradingSelling Shares$283,620 Sold Last QuarterProj. Earnings Growth-19.42%From $7.93 to $6.39 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.16 out of 5 starsFinance Sector437th out of 850 stocksSurety Insurance Industry5th out of 8 stocks 1.3 Analyst's Opinion Consensus RatingEssent Group has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $45.60, Essent Group has a forecasted upside of 6.2% from its current price of $42.92.Amount of Analyst CoverageEssent Group has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.29% of the float of Essent Group has been sold short.Short Interest Ratio / Days to CoverEssent Group has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Essent Group has recently increased by 11.57%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldEssent Group pays a meaningful dividend of 2.08%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEssent Group has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Essent Group is 11.53%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Essent Group will have a dividend payout ratio of 14.40% next year. This indicates that Essent Group will be able to sustain or increase its dividend. Previous Next 1.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEssent Group has received a -10.62% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "Societal stability & understanding among people", and "GHG emissions". The negative contribution in the "Societal stability & understanding among people" impact category seems to be driven mostly by its "Subprime mortgages" and "Mortgages" products. See details.Environmental SustainabilityThe Environmental Impact score for Essent Group is -0.45. Previous Next 3.1 News and Social Media Coverage News SentimentEssent Group has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Essent Group this week, compared to 1 article on an average week.Search Interest2 people have searched for ESNT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added Essent Group to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Essent Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $283,620.00 in company stock.Percentage Held by InsidersOnly 2.90% of the stock of Essent Group is held by insiders.Percentage Held by Institutions92.07% of the stock of Essent Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Essent Group are expected to decrease by -19.42% in the coming year, from $7.93 to $6.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Essent Group is 5.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Essent Group is 5.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 186.32.Price to Earnings Growth RatioEssent Group has a PEG Ratio of 0.69. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioEssent Group has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Essent Group (NYSE:ESNT) StockEssent 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.Read More Receive ESNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Essent Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ESNT Stock News HeadlinesFebruary 5, 2023 | americanbankingnews.comEssent Group Ltd. (NYSE:ESNT) Given Consensus Recommendation of "Hold" by AnalystsFebruary 3, 2023 | finance.yahoo.comEarnings Preview: Essent Group (ESNT) Q4 Earnings Expected to DeclineFebruary 6, 2023 | Investing Trends (Ad)Profit From the Commercial Solar Boom?Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered. February 2, 2023 | finance.yahoo.comEssent Group to buy title insurance businesses from Finance of America subsidiary for $100MFebruary 2, 2023 | msn.comEssent Enters to acquire Title Insurance OperationsFebruary 2, 2023 | finance.yahoo.comEssent Enters into Agreement to Acquire Title Insurance OperationsJanuary 29, 2023 | finance.yahoo.comPositive earnings growth hasn't been enough to get Essent Group (NYSE:ESNT) shareholders a favorable return over the last three yearsJanuary 19, 2023 | finance.yahoo.comEssent Group Ltd. Schedules Fourth Quarter Earnings Conference Call for February 10, 2023February 6, 2023 | Investing Trends (Ad)Profit From the Commercial Solar Boom?Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered. January 13, 2023 | nasdaq.comBullish Two Hundred Day Moving Average Cross - ESNTDecember 22, 2022 | seekingalpha.comESNT Essent Group Ltd.December 17, 2022 | thestreet.comEssent Group (ESNT) Stock Closed Higher on Q4 ResultsNovember 9, 2022 | finance.yahoo.comEssent Group Third Quarter 2022 Earnings: Beats ExpectationsNovember 7, 2022 | markets.businessinsider.comWhat 4 Analyst Ratings Have To Say About Essent GrNovember 7, 2022 | finance.yahoo.comEssent Group (NYSE:ESNT) Is Increasing Its Dividend To $0.23November 4, 2022 | nasdaq.comEssent Group Q3 Profit Tops Estimates; Increases DividendNovember 4, 2022 | seekingalpha.comEssent Group Ltd. (ESNT) Q3 2022 Earnings Call TranscriptNovember 4, 2022 | finance.yahoo.comEssent Group (ESNT) Q3 Earnings and Revenues Top EstimatesNovember 4, 2022 | finance.yahoo.comVelocity Financial (VEL) Matches Q3 Earnings EstimatesNovember 4, 2022 | finance.yahoo.comEssent Group Ltd. Announces Third Quarter 2022 Results and Increases Quarterly DividendOctober 13, 2022 | finance.yahoo.comEssent Group Ltd. Schedules Third Quarter Earnings Conference Call for November 4, 2022September 22, 2022 | nz.finance.yahoo.comEssent Group Ltd. Announces Closing of $237.9 Million Reinsurance Transaction and Related Mortgage Insurance-Linked NotesSeptember 15, 2022 | finance.yahoo.comEssent Group Ltd. Announces Anu (Henna) A. Karna Has Joined Board of DirectorsAugust 30, 2022 | finance.yahoo.comTriCo Bancshares (TCBK) Hikes Dividend by 20%: Worth a Look?August 26, 2022 | fool.comEssent Group (NYSE: ESNT)August 26, 2022 | nasdaq.comEssent Group (NYSE:ESNT) Has Announced That It Will Be Increasing Its Dividend To $0.22August 18, 2022 | finance.yahoo.comStock Yards Bancorp (SYBT) Hikes Dividend by 3.6%: Worth a Look?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ESNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Essent Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ESNT Company Calendar Last Earnings11/05/2021Ex-Dividend for 12/12 Dividend11/30/2022Dividend Payable12/12/2022Today2/06/2023Next Earnings (Confirmed)2/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Surety insurance Sub-IndustryN/A SectorFinance Current SymbolNYSE:ESNT CUSIPN/A CIK1448893 Webwww.essentgroup.com Phone(441) 297-9901FaxN/AEmployees343Year FoundedN/APrice Target and Rating Average Stock Price Forecast$45.60 High Stock Price Forecast$50.00 Low Stock Price Forecast$43.00 Forecasted Upside/Downside+6.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$7.98 Trailing P/E Ratio5.38 Forward P/E Ratio5.41 P/E Growth0.69Net Income$681.78 million Net Margins84.17% Pretax Margin100.44% Return on Equity20.33% Return on Assets15.45% Debt Debt-to-Equity RatioN/A Current Ratio0.54 Quick Ratio0.54 Sales & Book Value Annual Sales$1.03 billion Price / Sales4.49 Cash Flow$6.32 per share Price / Cash Flow6.79 Book Value$38.36 per share Price / Book1.12Miscellaneous Outstanding Shares107,710,000Free Float104,583,000Market Cap$4.62 billion OptionableOptionable Beta1.18 Key ExecutivesMark A. CasaleChairman, Co-President & Chief Executive OfficerPaul C. WollmannCo-President & Chief Underwriting OfficerDavid B. WeinstockVP, Chief Financial & Accounting OfficerAnthony David ShoreChief Compliance Officer & Vice PresidentMary Lourdes GibbonsChief Legal Officer, SVP & Assistant SecretaryKey CompetitorsMGIC InvestmentNYSE:MTGAssured GuarantyNYSE:AGORadian GroupNYSE:RDNNMINASDAQ:NMIHOld Republic InternationalNYSE:ORIView All CompetitorsInsiders & InstitutionsRetirement Systems of AlabamaBought 966 shares on 2/6/2023Ownership: 0.132%Los Angeles Capital Management LLCSold 1,300 shares on 2/6/2023Ownership: 0.034%Pacer Advisors Inc.Bought 25,542 shares on 2/6/2023Ownership: 0.024%Fiducient Advisors LLCBought 6,475 shares on 2/3/2023Ownership: 0.006%SG Americas Securities LLCBought 3,530 shares on 2/2/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions ESNT Stock - Frequently Asked Questions Should I buy or sell Essent Group stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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? 4 Wall Street analysts have issued twelve-month price targets for Essent Group's shares. Their ESNT share price forecasts range from $43.00 to $50.00. On average, they expect the company's stock price to reach $45.60 in the next twelve months. This suggests a possible upside of 6.2% 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 at the start of the year. Since then, ESNT stock has increased by 10.4% and is now trading at $42.92. View the best growth stocks for 2023 here. Are investors shorting Essent Group? Essent Group saw a increase in short interest in December. As of December 30th, there was short interest totaling 1,210,000 shares, an increase of 8.0% from the December 15th total of 1,120,000 shares. Based on an average daily trading volume, of 432,400 shares, the short-interest ratio is presently 2.8 days. Currently, 1.2% of the company's stock are sold short. 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, February 10th 2023. View our ESNT earnings forecast. How can I listen to Essent Group's earnings call? Essent Group will be holding an earnings conference call on Friday, February 10th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "9824537". How were Essent Group's earnings last quarter? Essent Group Ltd. (NYSE:ESNT) announced its quarterly earnings data on Friday, November, 5th. The financial services provider reported $1.84 EPS for the quarter, beating analysts' consensus estimates of $1.35 by $0.49. The financial services provider had revenue of $283.50 million for the quarter, compared to analyst estimates of $242.69 million. Essent Group had a trailing twelve-month return on equity of 20.33% and a net margin of 84.17%. Essent Group's revenue was up 16.7% compared to the same quarter last year. During the same period last year, the company posted $1.11 EPS. How often does Essent Group pay dividends? What is the dividend yield for Essent Group? Essent Group declared a quarterly dividend on Friday, November 4th. Shareholders of record on Thursday, December 1st will be given a dividend of $0.23 per share on Monday, December 12th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date is Wednesday, November 30th. This is a positive change from the stock's previous quarterly dividend of $0.22. Read our dividend analysis for ESNT. Is Essent Group a good dividend stock? Essent Group (NYSE:ESNT) pays an annual dividend of $0.92 per share and currently has a dividend yield of 2.08%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 11.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESNT will have a dividend payout ratio of 14.40% 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 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 institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.38%), Peregrine Capital Management LLC (0.27%), Retirement Systems of Alabama (0.13%), New York State Teachers Retirement System (0.11%), New York State Common Retirement Fund (0.07%) and Comerica Bank (0.04%). 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 $42.92. How much money does Essent Group make? Essent Group (NYSE:ESNT) has a market capitalization of $4.62 billion and generates $1.03 billion in revenue each year. The financial services provider earns $681.78 million in net income (profit) each year or $7.98 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 2/6/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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