Essent Group Ltd. (ESNT)
NYSE: ESNT · IEX Real-Time Price · USD
53.98
+0.12 (0.22%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Essent Group Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Essent Group stock have an average target of 58.38, with a low estimate of 54 and a high estimate of 64. The average target predicts an increase of 8.15% from the current stock price of 53.98.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Essent Group stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 4 | 4 | 3 |
| Hold | 3 | 4 | 4 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $62 → $64 | Hold | Maintains | $62 → $64 | +18.56% | Apr 4, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $58 → $61 | Buy → Hold | Downgrades | $58 → $61 | +13.00% | Apr 3, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $56 → $58 | Buy | Maintains | $56 → $58 | +7.45% | Feb 12, 2024 |
| UBS | UBS | Hold Initiates $54 | Hold | Initiates | $54 | +0.04% | Dec 6, 2023 |
| Barclays | Barclays | Buy Initiates $60 | Buy | Initiates | $60 | +11.15% | Nov 15, 2023 |
Financial Forecast
Revenue This Year
1.26B
from 1.11B
Increased by 13.45%
Revenue Next Year
1.35B
from 1.26B
Increased by 6.91%
EPS This Year
6.74
from 6.50
Increased by 3.77%
EPS Next Year
7.19
from 6.74
Increased by 6.63%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.3B | 1.4B | 1.5B |
| Avg | 1.3B | 1.3B | 1.5B |
| Low | 1.2B | 1.2B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.0% | 13.2% | 11.1% |
| Avg | 13.4% | 6.9% | 7.7% |
| Low | 4.1% | -3.0% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.31 | 7.63 | 7.90 |
| Avg | 6.74 | 7.19 | 7.63 |
| Low | 6.22 | 6.65 | 7.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.4% | 13.2% | 9.8% |
| Avg | 3.8% | 6.6% | 6.2% |
| Low | -4.3% | -1.3% | 1.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.