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Essent Group Ltd. (ESNT)

Stock Price: $39.85 USD 0.31 (0.78%)
Updated Oct 30, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 4.48B
Revenue (ttm) 920.07M
Net Income (ttm) 456.49M
Shares Out 112.42M
EPS (ttm) 4.60
PE Ratio 8.66
Forward PE 8.21
Dividend $0.64
Dividend Yield 1.61%

Stock Quote

Trading Day Oct 30, 2020
Last Price $39.85
Previous Close $39.54
Change ($) 0.31
Change (%) 0.78%
Day's Open 39.35
Day's Range 38.80 - 40.12
Day's Volume 736,772
52-Week Range 17.52 - 55.84

More Stats

Market Cap 4.48B
Enterprise Value 4.83B
Earnings Date (est) Nov 6, 2020
Ex-Dividend Date Aug 28, 2020
Shares Outstanding 112.42M
Float 109.53M
EPS (basic) 4.66
EPS (diluted) 4.60
FCF / Share 6.51
Dividend $0.64
Dividend Yield 1.61%
Earnings Yield 11.54%
FCF Yield 14.90%
Payout Ratio 13.30%
Shares Short 5.54M
Short Ratio 8.17
Short % of Float 5.06%
Beta 1.36
PE Ratio 8.66
Forward PE 8.21
P/FCF Ratio 6.71
PS Ratio 4.87
PB Ratio 1.20
Revenue 920.07M
Operating Income 551.62M
Net Income 456.49M
Free Cash Flow 667.58M
Net Cash -351.74M
Net Cash / Share -3.13
Gross Margin 84.82%
Operating Margin 59.95%
Profit Margin 49.60%
FCF Margin 72.56%
ROA 8.17%
ROE 14.43%
ROIC 12.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (13)

Buy 11
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$47.21*
(18.47% upside)
Low
39.0
Current: $39.85
High
59.0
Target: 47.21
*Average 12-month price target from 12 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201620152014201320122011
Revenue86871957745835323913148.7214.39
Revenue Growth20.6%24.78%25.8%29.71%47.53%82.24%169.73%238.59%-
Gross Profit83570854944334123312947.2514.33
Operating Income66955740431222813658.03-13.88-34.45
Net Income55646738022315788.5065.41-13.54-33.56
Shares Outstanding97.7697.4093.3390.9190.3583.9914.0427.4524.15
Earnings Per Share5.664.773.992.411.721.030.70-0.49-1.39
EPS Growth18.66%19.55%65.56%40.12%66.99%47.14%---
Dividend Per Share0.30--------
Operating Cash Flow59062536927522715411936.64-8.25
Capital Expenditures-3.41-4.05-2.78-3.16-4.96-3.89-2.67-2.70-1.27
Free Cash Flow58662136627122215011633.94-9.51
Cash & Equivalents71.3564.9543.5227.5324.6124.4147822.32-
Total Debt224224249100-----
Net Cash / Debt-153-159-205-72.4724.6124.4147822.32-
Assets3,8733,1502,6741,8831,4691,181854283-
Liabilities88978473453935022613264.21-
Book Value2,9852,3661,9401,3441,119956722219-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Essent Group Ltd.
Country Bermuda
Employees 389
CEO Mark A. Casale

Stock Information

Ticker Symbol ESNT
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Mortgage Finance
Unique Identifier NYSE: ESNT
IPO Date October 31, 2013

Description

Essent Group, through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its mortgage insurance products include primary, pool, and master policy. The company also provides information technology maintenance and development services; customer support-related services; and contract underwriting services. It serves the 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.