Essent Group Ltd. (ESNT)

NYSE: ESNT · IEX Real-Time Price · USD
34.87
-0.41 (-1.16%)
Sep 30, 2022 4:00 PM EDT - Market closed
-1.16%
Market Cap 3.76B
Revenue (ttm) 1.05B
Net Income (ttm) 892.28M
Shares Out 107.70M
EPS (ttm) 8.17
PE Ratio 4.27
Forward PE 5.39
Dividend $0.82 (2.35%)
Ex-Dividend Date Aug 31, 2022
Volume 660,948
Open 35.48
Previous Close 35.28
Day's Range 34.77 - 35.67
52-Week Range 34.27 - 50.17
Beta 1.17
Analysts Buy
Price Target 56.61 (+62.3%)
Earnings Date Nov 3, 2022

About ESNT

Essent Group Ltd., 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; underwriting consulting; and contract underwriting services. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, cr... [Read more...]

Industry Thrifts & Mortgage Finance
IPO Date Oct 31, 2013
CEO Mark Casale
Employees 349
Stock Exchange NYSE
Ticker Symbol ESNT
Full Company Profile

Financial Performance

In 2021, Essent Group's revenue was $1.03 billion, an increase of 7.68% compared to the previous year's $955.15 million. Earnings were $681.78 million, an increase of 65.06%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for ESNT stock is "Buy." The 12-month stock price forecast is 56.61, which is an increase of 62.35% from the latest price.

Price Target
$56.61
(62.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Essent Group Ltd. Announces Closing of $237.9 Million Reinsurance Transaction and Related Mortgage Insurance-Linked N...

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces Closing of $237.9 Million Reinsurance Transaction and Related Mortgage Insurance-Linked Notes

1 week ago - Business Wire

Essent Group Ltd. Announces Anu (Henna) A.

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. announced today that Anu (Henna) A. Karna has joined its Board of Directors.

2 weeks ago - Business Wire

5 Stocks in Focus That Recently Hiked Their Dividends

Investors should consider stocks that have recently raised their dividend payments. These are: HRB, CHE, SU, OTEX, ESNT.

Other symbols: CHEHRBOTEXSU
1 month ago - Zacks Investment Research

Essent Group (ESNT) Announces Dividend Hike, Stock Down 1.7%

Essent Group's (ESNT) announcement of a 4.8% dividend hike cheers investors. This, along with the share repurchase program, will continue to drive shareholder value and boost confidence in the stock.

1 month ago - Zacks Investment Research

Essent Group Ltd. Announces Second Quarter 2022 Results and Increases Quarterly Dividend

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces Second Quarter 2022 Results and Increases Quarterly Dividend

1 month ago - Business Wire

Essent Group Ltd. Schedules Second Quarter Earnings Conference Call for August 5, 2022

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Schedules Second Quarter Earnings Conference Call for August 5, 2022

2 months ago - Business Wire

Essent Group (ESNT) Announces Dividend Hike, Share Repurchase

Essent Group (ESNT) is expected to continue boosting shareholder value through dividend hikes and repurchases based on its robust liquidity position.

4 months ago - Zacks Investment Research

Essent Group Ltd. Announces First Quarter 2022 Results and Increases Quarterly Dividend

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces First Quarter 2022 Results and Increases Quarterly Dividend

4 months ago - Business Wire

Essent Group Ltd. Schedules First Quarter Earnings Conference Call for May 6, 2022

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Schedules First Quarter Earnings Conference Call for May 6, 2022

5 months ago - Business Wire

Are Investors Undervaluing Essent Group (ESNT) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

6 months ago - Zacks Investment Research

3 Mortgage & Related Services Players Set to Brave Industry Woes

Despite a rise in mortgage rates and fading origination volumes, WD, ESNT and VEL are set to hold ground on expectations of higher housing demand and portfolio diversity.

Other symbols: VELWD
6 months ago - Zacks Investment Research

Essent Group (ESNT) Loses 15.6% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Essent Group (ESNT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revisin...

6 months ago - Zacks Investment Research

Is Essent Group (ESNT) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

6 months ago - Zacks Investment Research

How Much Upside is Left in Essent Group (ESNT)? Wall Street Analysts Think 28%

The average of price targets set by Wall Street analysts indicates a potential upside of 27.8% in Essent Group (ESNT). While the effectiveness of this highly sought-after metric is questionable, the pos...

7 months ago - Zacks Investment Research

Essent Group (ESNT) Q4 Earnings Beat, Rise Y/Y, Dividend Up

Essent Group (ESNT) Q4 results reflect higher revenues driven by an increase in income from other invested assets. However, new insurance written declines.

7 months ago - Zacks Investment Research

Essent Group Ltd. Announces Fourth Quarter & Full Year 2021 Results and Increases Quarterly Dividend

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces Fourth Quarter & Full Year 2021 Results and Increases Quarterly Dividend

7 months ago - Business Wire

Why Essent Group (ESNT) Might Surprise This Earnings Season

Essent Group (ESNT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

7 months ago - Zacks Investment Research

Why the Earnings Surprise Streak Could Continue for Essent Group (ESNT)

Essent Group (ESNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

8 months ago - Zacks Investment Research

Wall Street Analysts Predict a 28% Upside in Essent Group (ESNT): Here's What You Should Know

The mean of analysts' price targets for Essent Group (ESNT) points to a 27.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analy...

8 months ago - Zacks Investment Research

Essent Group Ltd. Schedules Fourth Quarter Earnings Conference Call for February 11, 2022

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Schedules Fourth Quarter Earnings Conference Call for February 11, 2022

8 months ago - Business Wire

Essent Group Ltd. Announces Amended and Extended $825 Million Credit Facility

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces Amended and Extended $825 Million Credit Facility

9 months ago - Business Wire

Essent Announces the Promotion of Christopher G. Curran to President of Essent Guaranty, Inc.

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Announces the Promotion of Christopher G. Curran to President of Essent Guaranty, Inc.

9 months ago - Business Wire

Essent Announces New Integration with OpenClose®

RADNOR, Pa.--(BUSINESS WIRE)--Essent Announces New Integration with OpenClose®

10 months ago - Business Wire

Essent Group Ltd. Announces Closing of $439.4 Million Reinsurance Transaction and Related Mortgage Insurance-Linked N...

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces Closing of $439.4 Million Reinsurance Transaction and Related Mortgage Insurance-Linked Notes

10 months ago - Business Wire

Essent Group Ltd. Announces Third Quarter 2021 Results & Increases Quarterly Dividend

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces Third Quarter 2021 Results & Increases Quarterly Dividend

10 months ago - Business Wire