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. $39.42 +0.03 (+0.08%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$38.96▼$39.5650-Day Range$36.78▼$44.3152-Week Range$34.27▼$45.01Volume354,290 shsAverage Volume544,525 shsMarket Capitalization$4.26 billionP/E Ratio5.11Dividend Yield2.54%Price Target$46.20 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Essent Group MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside17.2% Upside$46.20 Price TargetShort InterestHealthy1.32% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews Sentiment0.55Based on 3 Articles This WeekInsider TradingSelling Shares$156,965 Sold Last QuarterProj. Earnings Growth11.60%From $6.12 to $6.83 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.2.74 out of 5 starsFinance Sector293rd out of 891 stocksSurety Insurance Industry2nd out of 8 stocks 2.3 Analyst's Opinion Consensus RatingEssent Group has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $46.20, Essent Group has a forecasted upside of 17.2% from its current price of $39.42.Amount of Analyst CoverageEssent Group has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.32% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month Previous Next 2.5 Dividend Strength Dividend YieldEssent Group pays a meaningful dividend of 2.57%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEssent Group has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Essent Group is 12.97%. 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 14.64% 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 2.0 News and Social Media Coverage News SentimentEssent Group has a news sentiment score of 0.55. 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 3 news articles for Essent Group this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for ESNT on MarketBeat in the last 30 days. This is a decrease of -93% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Essent Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 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 $156,965.00 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 4.4 Earnings and Valuation Earnings GrowthEarnings for Essent Group are expected to grow by 11.60% in the coming year, from $6.12 to $6.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Essent Group is 5.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Essent Group is 5.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.21.Price to Earnings Growth RatioEssent Group has a PEG Ratio of 0.64. 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 0.95. P/B Ratios below 1 indicate that a company could be undervalued 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 HeadlinesMarch 27, 2023 | americanbankingnews.comEssent Group Ltd. (NYSE:ESNT) Given Average Rating of "Moderate Buy" by BrokeragesMarch 20, 2023 | americanbankingnews.comEssent Group (NYSE:ESNT) Receives New Coverage from Analysts at StockNews.comMarch 29, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 15, 2023 | businesswire.comEssent Group Ltd. Announces the Promotion of David B. Weinstock to Chief Financial OfficerMarch 4, 2023 | finance.yahoo.comThere's A Lot To Like About Essent Group's (NYSE:ESNT) Upcoming US$0.25 DividendFebruary 21, 2023 | realmoney.thestreet.comEssent Group Ltd: An Under-Followed Way to Bet on a Housing ReboundFebruary 21, 2023 | realmoney.thestreet.comAn Under-Followed Way to Bet on a Housing ReboundFebruary 12, 2023 | finance.yahoo.comEssent Group Ltd. (NYSE:ESNT) Q4 2022 Earnings Call TranscriptMarch 29, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!February 10, 2023 | msn.comEssent Group GAAP EPS of $1.37 misses by $0.13, revenue of $230.04M misses by $17.98MFebruary 10, 2023 | marketwatch.comEssent Group Raises Quarterly Dividend by 8.7% >ESNTFebruary 10, 2023 | finance.yahoo.comEssent Group Ltd. Announces Fourth Quarter & Full Year 2022 Results and Increases Quarterly DividendFebruary 10, 2023 | finance.yahoo.comEssent Group (ESNT) Q4 Earnings and Revenues Lag EstimatesFebruary 3, 2023 | finance.yahoo.comEarnings Preview: Essent Group (ESNT) Q4 Earnings Expected to DeclineFebruary 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, 2023January 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 TranscriptSee 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 Earnings2/10/2023Ex-Dividend for 3/20 Dividend3/09/2023Dividend Payable3/20/2023Today3/28/2023Next Earnings (Estimated)5/05/2023Fiscal 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 Founded2008Price Target and Rating Average Stock Price Forecast$46.20 High Stock Price Forecast$50.00 Low Stock Price Forecast$43.00 Forecasted Upside/Downside+17.5%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$7.71 Trailing P/E Ratio5.10 Forward P/E Ratio6.42 P/E Growth0.64Net Income$831.35 million Net Margins83.07% Pretax Margin98.74% Return on Equity19.28% Return on Assets14.85% Debt Debt-to-Equity RatioN/A Current Ratio0.47 Quick Ratio0.47 Sales & Book Value Annual Sales$1.00 billion Price / Sales4.25 Cash Flow$7.99 per share Price / Cash Flow4.92 Book Value$41.43 per share Price / Book0.95Miscellaneous Outstanding Shares108,100,000Free Float104,961,000Market Cap$4.25 billion OptionableOptionable Beta1.19 Key ExecutivesMark A. CasaleChairman, Co-President & Chief Executive OfficerDavid B. WeinstockVP, Chief Financial & Accounting OfficerAnthony David ShoreChief Compliance Officer & Vice PresidentMary Lourdes GibbonsChief Legal Officer, SVP & Assistant SecretaryVijay BhasinChief Risk Officer & Senior Vice PresidentKey CompetitorsMGIC InvestmentNYSE:MTGRadian GroupNYSE:RDNAssured GuarantyNYSE:AGONMINASDAQ:NMIHOld Republic InternationalNYSE:ORIView All CompetitorsInsiders & InstitutionsETF Managers Group LLCBought 8,559 shares on 3/23/2023Ownership: 0.008%Voya Investment Management LLCSold 107,231 shares on 2/28/2023Ownership: 0.140%Teachers Retirement System of The State of KentuckySold 2,100 shares on 2/22/2023Ownership: 0.016%Macquarie Group Ltd.Bought 70,005 shares on 2/21/2023Ownership: 3.611%Alliancebernstein L.P.Bought 266 shares on 2/16/2023Ownership: 0.308%View All Insider TransactionsView All Institutional Transactions ESNT Stock - Frequently Asked Questions Should I buy or sell Essent Group stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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? 5 brokerages have issued 12 month target prices for Essent Group's stock. Their ESNT share price forecasts range from $43.00 to $50.00. On average, they expect the company's share price to reach $46.20 in the next year. This suggests a possible upside of 17.2% 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 on January 1st, 2023. Since then, ESNT stock has increased by 1.4% and is now trading at $39.42. View the best growth stocks for 2023 here. Are investors shorting Essent Group? Essent Group saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 1,380,000 shares, an increase of 31.4% from the February 13th total of 1,050,000 shares. Based on an average daily trading volume, of 436,400 shares, the short-interest ratio is presently 3.2 days. Approximately 1.3% of the shares of the company are short sold. 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, May 5th 2023. View our ESNT earnings forecast. How were Essent Group's earnings last quarter? Essent Group Ltd. (NYSE:ESNT) issued its quarterly earnings data on Friday, February, 10th. The financial services provider reported $1.37 earnings per share for the quarter, missing analysts' consensus estimates of $1.59 by $0.22. The financial services provider earned $230 million during the quarter, compared to analysts' expectations of $245.56 million. Essent Group had a net margin of 83.07% and a trailing twelve-month return on equity of 19.28%. The company's quarterly revenue was down 10.5% on a year-over-year basis. During the same quarter last year, the business posted $1.64 EPS. How often does Essent Group pay dividends? What is the dividend yield for Essent Group? Essent Group announced a quarterly dividend on Friday, February 10th. Investors of record on Friday, March 10th will be paid a dividend of $0.25 per share on Monday, March 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date is Thursday, March 9th. This is an increase from the stock's previous quarterly dividend of $0.23. Read our dividend analysis for ESNT. What ETFs hold Essent Group's stock? ETFs with the largest weight of Essent Group (NYSE:ESNT) stock in their portfolio include Global X Founder-Run Companies ETF (BOSS), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Fidelity U.S. Multifactor ETF (FLRG), SPDR S&P Bank ETF (KBE), Invesco S&P MidCap Quality ETF (XMHQ), First Trust Mid Cap Value AlphaDEX Fund (FNK), Principal U.S. Small-Cap Multi-Factor ETF (PSC) and Fidelity Quality Factor ETF (FQAL). Is Essent Group a good dividend stock? Essent Group (NYSE:ESNT) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.57%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESNT will have a dividend payout ratio of 14.64% 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 Honeywell International (HON). 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 retail and institutional investors. Top institutional investors include Cooke & Bieler LP (3.67%), Macquarie Group Ltd. (3.61%), Dimensional Fund Advisors LP (2.54%), Geode Capital Management LLC (1.94%), Charles Schwab Investment Management Inc. (1.31%) and T. Rowe Price Investment Management Inc. (1.07%). 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 $39.42. How much money does Essent Group make? Essent Group (NYSE:ESNT) has a market capitalization of $4.26 billion and generates $1.00 billion in revenue each year. The financial services provider earns $831.35 million in net income (profit) each year or $7.71 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 3/29/2023 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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