NYSE:ESNT - Essent Group Stock Price, News, & Analysis

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$37.54 -0.10 (-0.27 %)
(As of 01/17/2019 09:53 AM ET)
Previous Close$37.64
Today's Range$37.5223 - $37.91
52-Week Range$31.08 - $50.08
Volume5,841 shs
Average Volume497,492 shs
Market Capitalization$3.65 billion
P/E Ratio12.11
Dividend YieldN/A
Beta1.27
Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The company also provides information technology maintenance and development services; customer support-related services; and contract underwriting services. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. The company was founded in 2008 and is based in Hamilton, Bermuda.

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Industry, Sector and Symbol

Industry Surety insurance
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone441-297-9901

Debt

Current Ratio0.46
Quick Ratio0.46

Price-To-Earnings

Sales & Book Value

Annual Sales$576.51 million
Price / Sales6.39
Cash Flow$3.1868 per share
Price / Cash Flow11.78
Book Value$19.71 per share
Price / Book1.90

Profitability

Net Income$379.74 million
Net Margins72.96%
Return on Assets14.79%

Miscellaneous

Employees397
Market Cap$3.65 billion
OptionableOptionable

Essent Group (NYSE:ESNT) Frequently Asked Questions

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) issued its earnings results on Friday, November, 9th. The financial services provider reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.06. The financial services provider earned $185 million during the quarter, compared to the consensus estimate of $181.40 million. Essent Group had a net margin of 72.96% and a return on equity of 20.18%. Essent Group's quarterly revenue was up 23.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.82 EPS. View Essent Group's Earnings History.

When is Essent Group's next earnings date?

Essent Group is scheduled to release their next quarterly earnings announcement on Friday, February 8th 2019. View Earnings Estimates for Essent Group.

What price target have analysts set for ESNT?

10 equities research analysts have issued 1-year price targets for Essent Group's stock. Their forecasts range from $38.00 to $62.00. On average, they anticipate Essent Group's stock price to reach $50.9722 in the next twelve months. This suggests a possible upside of 34.5% from the stock's current price. View Analyst Price Targets for Essent Group.

What is the consensus analysts' recommendation for Essent Group?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Essent Group.

What are Wall Street analysts saying about Essent Group stock?

Here are some recent quotes from research analysts about Essent Group stock:
  • 1. According to Zacks Investment Research, "Essent Group Ltd., through its subsidiaries, operates as a private mortgage insurance company. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. Essent Group Ltd. is based in Hamilton, Bermuda. " (1/9/2019)
  • 2. Wells Fargo & Co analysts commented, "Wells Fargo Securities, LLC’s research analysts receive compensation that is based upon and impacted by the overall profitability and revenue of the firm, which includes, but is not limited to investment banking revenue." (5/4/2018)

Has Essent Group been receiving favorable news coverage?

News stories about ESNT stock have been trending somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Essent Group earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

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:
  • Mr. Mark Anthony Casale, Chairman, CEO & Pres (Age 53)
  • Mr. Lawrence Edmond McAlee Jr., CPA, Sr. VP & CFO (Age 54)
  • Ms. Mary Lourdes Gibbons, Chief Legal Officer, Sr. VP & Assistant Sec. (Age 56)
  • Mr. Vijay Bhasin, Chief Risk Officer & Sr. VP (Age 53)
  • Mr. Jeffrey Robert Cashmer, Sr. VP of Bus. Devel. (Age 47)

Who are Essent Group's major shareholders?

Essent Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Skyline Asset Management LP (0.54%), Boston Advisors LLC (0.06%), Navellier & Associates Inc (0.02%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Essent Group stock include 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.

Which institutional investors are selling Essent Group stock?

ESNT stock was sold by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, Boston Advisors LLC and Navellier & Associates Inc. Company insiders that have sold Essent Group company stock in the last year include David B Weinstock, Jeff Cashmer, Lawrence E Mcalee Jr, Mark Casale, Mary Lourdes Gibbons and Vijay Bhasin. View Insider Buying and Selling for Essent Group.

Which institutional investors are buying Essent Group stock?

ESNT stock was purchased by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C.. View Insider Buying and Selling for Essent Group.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Essent Group's stock price today?

One share of ESNT stock can currently be purchased for approximately $37.91.

How big of a company is Essent Group?

Essent Group has a market capitalization of $3.65 billion and generates $576.51 million in revenue each year. The financial services provider earns $379.74 million in net income (profit) each year or $3.10 on an earnings per share basis. Essent Group employs 397 workers across the globe.

What is Essent Group's official website?

The official website for Essent Group is http://www.essentgroup.com.

How can I contact Essent Group?

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]


MarketBeat Community Rating for Essent Group (NYSE ESNT)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  305 (Vote Outperform)
Underperform Votes:  273 (Vote Underperform)
Total Votes:  578
MarketBeat's community ratings are surveys of what our community members think about Essent Group and other stocks. Vote "Outperform" if you believe ESNT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ESNT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/17/2019 by MarketBeat.com Staff

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