Essent Group Statistics
Total Valuation
Essent Group has a market cap or net worth of $5.71 billion. The enterprise value is $6.10 billion.
Important Dates
The last earnings date was Friday, November 1, 2024, before market open.
| Earnings Date | Nov 1, 2024 |
| Ex-Dividend Date | Dec 2, 2024 |
Share Statistics
Essent Group has 106.25 million shares outstanding. The number of shares has decreased by -0.51% in one year.
| Shares Outstanding | 106.25M |
| Shares Change (YoY) | -0.51% |
| Shares Change (QoQ) | -0.21% |
| Owned by Insiders (%) | 3.16% |
| Owned by Institutions (%) | 95.65% |
| Float | 102.83M |
Valuation Ratios
The trailing PE ratio is 7.79 and the forward PE ratio is 7.68. Essent Group's PEG ratio is 1.76.
| PE Ratio | 7.79 |
| Forward PE | 7.68 |
| PS Ratio | 4.79 |
| Forward PS | 4.38 |
| PB Ratio | 1.01 |
| P/FCF Ratio | n/a |
| PEG Ratio | 1.76 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 8.27 |
| EV / Sales | 5.15 |
| EV / EBITDA | 6.71 |
| EV / EBIT | 6.75 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.98, with a Debt / Equity ratio of 0.09.
| Current Ratio | 2.98 |
| Quick Ratio | 2.06 |
| Debt / Equity | 0.09 |
| Debt / EBITDA | 0.54 |
| Debt / FCF | n/a |
| Interest Coverage | 25.71 |
Financial Efficiency
Return on equity (ROE) is 14.10% and return on invested capital (ROIC) is 9.93%.
| Return on Equity (ROE) | 14.10% |
| Return on Assets (ROA) | 8.54% |
| Return on Capital (ROIC) | 9.93% |
| Revenue Per Employee | $2.21M |
| Profits Per Employee | $1.37M |
| Employee Count | 536 |
| Asset Turnover | 0.18 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Essent Group has paid $126.63 million in taxes.
| Income Tax | 126.63M |
| Effective Tax Rate | 14.66% |
Stock Price Statistics
The stock price has increased by +13.82% in the last 52 weeks. The beta is 1.12, so Essent Group's price volatility has been higher than the market average.
| Beta (5Y) | 1.12 |
| 52-Week Price Change | +13.82% |
| 50-Day Moving Average | 62.91 |
| 200-Day Moving Average | 57.97 |
| Relative Strength Index (RSI) | 18.57 |
| Average Volume (20 Days) | 557,872 |
Short Selling Information
The latest short interest is 810,265, so 0.76% of the outstanding shares have been sold short.
| Short Interest | 810,265 |
| Short Previous Month | 587,428 |
| Short % of Shares Out | 0.76% |
| Short % of Float | 0.79% |
| Short Ratio (days to cover) | 1.83 |
Income Statement
In the last 12 months, Essent Group had revenue of $1.18 billion and earned $736.87 million in profits. Earnings per share was $6.90.
| Revenue | 1.18B |
| Gross Profit | 1.04B |
| Operating Income | 903.12M |
| Pretax Income | 865.37M |
| Net Income | 736.87M |
| EBITDA | 908.87M |
| EBIT | 903.12M |
| Earnings Per Share (EPS) | $6.90 |
Full Income StatementBalance Sheet
The company has $1.14 billion in cash and $493.67 million in debt, giving a net cash position of -$384.37 million or -$3.62 per share.
| Cash & Cash Equivalents | 1.14B |
| Total Debt | 493.67M |
| Net Cash | -384.37M |
| Net Cash Per Share | -$3.62 |
| Equity (Book Value) | 5.64B |
| Book Value Per Share | 53.11 |
| Working Capital | 1.15B |
Full Balance SheetCash Flow
| Operating Cash Flow | n/a |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
Gross margin is 87.56%, with operating and profit margins of 76.25% and 62.22%.
| Gross Margin | 87.56% |
| Operating Margin | 76.25% |
| Pretax Margin | 72.91% |
| Profit Margin | 62.22% |
| EBITDA Margin | 76.74% |
| EBIT Margin | 76.25% |
| FCF Margin | 67.02% |