ESNT vs. MTG, RDN, AGO, ORI, NMIH, TRNO, BNRE, OMF, FAF, and PB
Should you be buying Essent Group stock or one of its competitors? The main competitors of Essent Group include MGIC Investment (MTG), Radian Group (RDN), Assured Guaranty (AGO), Old Republic International (ORI), NMI (NMIH), Terreno Realty (TRNO), Brookfield Reinsurance (BNRE), OneMain (OMF), First American Financial (FAF), and Prosperity Bancshares (PB). These companies are all part of the "finance" sector.
MGIC Investment (NYSE:MTG) and Essent Group (NYSE:ESNT) are both mid-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, profitability, risk, community ranking, institutional ownership, earnings, analyst recommendations, valuation and dividends.
MGIC Investment currently has a consensus price target of $21.08, indicating a potential upside of 4.17%. Essent Group has a consensus price target of $58.38, indicating a potential upside of 7.52%. Given MGIC Investment's stronger consensus rating and higher probable upside, analysts plainly believe Essent Group is more favorable than MGIC Investment.
In the previous week, MGIC Investment had 3 more articles in the media than Essent Group. MarketBeat recorded 5 mentions for MGIC Investment and 2 mentions for Essent Group. MGIC Investment's average media sentiment score of 1.48 beat Essent Group's score of 1.46 indicating that Essent Group is being referred to more favorably in the news media.
MGIC Investment has higher revenue and earnings than Essent Group. MGIC Investment is trading at a lower price-to-earnings ratio than Essent Group, indicating that it is currently the more affordable of the two stocks.
Essent Group has a net margin of 62.75% compared to Essent Group's net margin of 61.72%. Essent Group's return on equity of 14.82% beat MGIC Investment's return on equity.
95.6% of MGIC Investment shares are held by institutional investors. Comparatively, 93.0% of Essent Group shares are held by institutional investors. 1.6% of MGIC Investment shares are held by company insiders. Comparatively, 3.2% of Essent Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
MGIC Investment pays an annual dividend of $0.46 per share and has a dividend yield of 2.3%. Essent Group pays an annual dividend of $1.12 per share and has a dividend yield of 2.1%. MGIC Investment pays out 18.5% of its earnings in the form of a dividend. Essent Group pays out 17.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. MGIC Investment has raised its dividend for 3 consecutive years and Essent Group has raised its dividend for 5 consecutive years.
MGIC Investment has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500. Comparatively, Essent Group has a beta of 1.04, indicating that its share price is 4% more volatile than the S&P 500.
MGIC Investment received 50 more outperform votes than Essent Group when rated by MarketBeat users. Likewise, 67.27% of users gave MGIC Investment an outperform vote while only 65.70% of users gave Essent Group an outperform vote.
Summary
Essent Group beats MGIC Investment on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ESNT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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