ESNT vs. MTG, RDN, NMIH, ORI, HLNE, ZION, WTFC, FG, BPOP, and FRHC
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), NMI (NMIH), Old Republic International (ORI), Hamilton Lane (HLNE), Zions Bancorporation, National Association (ZION), Wintrust Financial (WTFC), F&G Annuities & Life (FG), Popular (BPOP), and Freedom (FRHC). 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 superior business? We will contrast the two companies based on the strength of their risk, community ranking, earnings, media sentiment, profitability, analyst recommendations, institutional ownership, valuation and dividends.
MGIC Investment pays an annual dividend of $0.46 per share and has a dividend yield of 2.5%. Essent Group pays an annual dividend of $1.00 per share and has a dividend yield of 2.0%. MGIC Investment pays out 18.6% of its earnings in the form of a dividend. Essent Group pays out 16.1% 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 4 consecutive years.
MGIC Investment presently has a consensus price target of $18.88, indicating a potential upside of 4.40%. Essent Group has a consensus price target of $56.38, indicating a potential upside of 13.98%. 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 4 more articles in the media than Essent Group. MarketBeat recorded 11 mentions for MGIC Investment and 7 mentions for Essent Group. MGIC Investment's average media sentiment score of 0.84 beat Essent Group's score of 0.75 indicating that Essent Group is being referred to more favorably in the news media.
MGIC Investment received 53 more outperform votes than Essent Group when rated by MarketBeat users. Likewise, 67.42% of users gave MGIC Investment an outperform vote while only 66.10% of users gave Essent Group an outperform vote.
Essent Group has a net margin of 64.11% compared to Essent Group's net margin of 61.88%. Essent Group's return on equity of 15.28% beat MGIC Investment's return on equity.
MGIC Investment has a beta of 1.27, meaning that its stock price is 27% more volatile than the S&P 500. Comparatively, Essent Group has a beta of 1.09, meaning that its stock price is 9% more volatile than the S&P 500.
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.
93.4% of MGIC Investment shares are held by institutional investors. Comparatively, 91.8% of Essent Group shares are held by institutional investors. 1.1% of MGIC Investment shares are held by insiders. Comparatively, 2.9% of Essent Group shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Summary
Essent Group beats MGIC Investment on 11 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.
Skip ChartThis 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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