NYSE:ESNTEssent Group Stock Price, Forecast & News

Essent Group's stock was trading at $37.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ESNT shares have decreased by 14.2% and is now trading at $32.45. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last year. There are currently 1 sell rating, 3 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) issued its quarterly earnings results on Friday, May, 8th. The financial services provider reported $1.52 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.23 by $0.29. The financial services provider had revenue of $228.80 million for the quarter, compared to analysts' expectations 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 for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.30 EPS. View Essent Group's earnings history.

Essent Group announced a quarterly dividend on Friday, May 8th. Investors of record on Tuesday, June 2nd will be given 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 1.97%. The ex-dividend date is Monday, June 1st. View Essent Group's dividend history.

10 brokerages have issued 1-year price targets for Essent Group's stock. Their forecasts range from $36.00 to $60.00. On average, they anticipate Essent Group's stock price to reach $46.90 in the next year. This suggests a possible upside of 44.5% from the stock's current price. View analysts' price targets for Essent Group.

Headlines about ESNT stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring 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 positive five, with scores nearest to five being the most favorable. Essent Group earned a coverage optimism score of -1.2 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Essent Group.

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 many different institutional and retail investors. Top institutional shareholders include Skyline Asset Management LP (0.21%), Envestnet Asset Management Inc. (0.02%) and Groesbeck Investment Management Corp NJ (0.02%). 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 Envestnet Asset Management Inc.. Company insiders that have sold Essent Group company stock in the last year include David B Weinstock, 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 Skyline Asset Management LP, and Groesbeck Investment Management Corp NJ. 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 $32.45.

Essent Group has a market capitalization of $3.65 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]