Essent Group Ltd. (ESNT)
NYSE: ESNT · Real-Time Price · USD
55.71
-0.08 (-0.14%)
Nov 20, 2024, 4:00 PM EST - Market closed

Essent Group Statistics

Total Valuation

Essent Group has a market cap or net worth of $5.92 billion. The enterprise value is $6.30 billion.

Market Cap 5.92B
Enterprise Value 6.30B

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 106.21 million shares outstanding. The number of shares has decreased by -0.51% in one year.

Current Share Class 106.21M
Shares Outstanding 106.21M
Shares Change (YoY) -0.51%
Shares Change (QoQ) -0.21%
Owned by Insiders (%) 3.17%
Owned by Institutions (%) 95.18%
Float 102.80M

Valuation Ratios

The trailing PE ratio is 8.07 and the forward PE ratio is 8.07. Essent Group's PEG ratio is 2.62.

PE Ratio 8.07
Forward PE 8.07
PS Ratio 4.97
Forward PS 4.49
PB Ratio 1.05
P/TBV Ratio 1.06
P/FCF Ratio 7.03
P/OCF Ratio 6.96
PEG Ratio 2.62
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.97, with an EV/FCF ratio of 7.48.

EV / Earnings 8.55
EV / Sales 5.32
EV / EBITDA 6.97
EV / EBIT 7.01
EV / FCF 7.48

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 0.59
Interest Coverage 25.59

Financial Efficiency

Return on equity (ROE) is 14.10% and return on invested capital (ROIC) is 9.89%.

Return on Equity (ROE) 14.10%
Return on Assets (ROA) 8.50%
Return on Capital (ROIC) 9.89%
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 +15.13% 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 +15.13%
50-Day Moving Average 60.95
200-Day Moving Average 58.01
Relative Strength Index (RSI) 38.04
Average Volume (20 Days) 905,464

Short Selling Information

The latest short interest is 1.08 million, so 1.02% of the outstanding shares have been sold short.

Short Interest 1.08M
Short Previous Month 615,848
Short % of Shares Out 1.02%
Short % of Float 1.06%
Short Ratio (days to cover) 2.33

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 1.06B
Operating Income 898.72M
Pretax Income 865.37M
Net Income 736.87M
EBITDA 904.42M
EBIT 898.72M
Earnings Per Share (EPS) $6.90
Full Income Statement

Balance 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 Sheet

Cash Flow

In the last 12 months, operating cash flow was $850.28 million and capital expenditures -$8.20 million, giving a free cash flow of $842.08 million.

Operating Cash Flow 850.28M
Capital Expenditures -8.20M
Free Cash Flow 842.08M
FCF Per Share $7.93
Full Cash Flow Statement

Margins

Gross margin is 89.14%, with operating and profit margins of 75.88% and 62.22%.

Gross Margin 89.14%
Operating Margin 75.88%
Pretax Margin 72.91%
Profit Margin 62.22%
EBITDA Margin 76.36%
EBIT Margin 75.88%
FCF Margin 67.02%

Dividends & Yields

This stock pays an annual dividend of $1.12, which amounts to a dividend yield of 2.01%.

Dividend Per Share $1.12
Dividend Yield 2.01%
Dividend Growth (YoY) 12.00%
Years of Dividend Growth 5
Payout Ratio 16.23%
Buyback Yield 0.51%
Shareholder Yield 2.52%
Earnings Yield 12.45%
FCF Yield 14.23%
Dividend Details

Analyst Forecast

The average price target for Essent Group is $65.00, which is 16.68% higher than the current price. The consensus rating is "Buy".

Price Target $65.00
Price Target Difference 16.68%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6