Essent Group Statistics
Total Valuation
Essent Group has a market cap or net worth of $5.77 billion. The enterprise value is $6.05 billion.
| Market Cap | 5.77B |
| Enterprise Value | 6.05B |
Important Dates
The next confirmed earnings date is Friday, May 3, 2024, before market open.
| Earnings Date | May 3, 2024 |
| Ex-Dividend Date | Mar 12, 2024 |
Share Statistics
Essent Group has 106.87 million shares outstanding. The number of shares has decreased by -0.49% in one year.
| Shares Outstanding | 106.87M |
| Shares Change (YoY) | -0.49% |
| Shares Change (QoQ) | -0.19% |
| Owned by Insiders (%) | 3.18% |
| Owned by Institutions (%) | 95.78% |
| Float | 103.39M |
Valuation Ratios
The trailing PE ratio is 8.30 and the forward PE ratio is 8.00. Essent Group's PEG ratio is 0.84.
| PE Ratio | 8.30 |
| Forward PE | 8.00 |
| PS Ratio | 5.20 |
| Forward PS | 4.58 |
| PB Ratio | 1.13 |
| P/FCF Ratio | 7.60 |
| PEG Ratio | 0.84 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.05, with an EV/FCF ratio of 7.97.
| EV / Earnings | 8.69 |
| EV / Sales | 5.45 |
| EV / EBITDA | 7.05 |
| EV / EBIT | 7.09 |
| EV / FCF | 7.97 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.08 |
| Debt / EBITDA | 0.49 |
| Debt / FCF | 0.56 |
| Interest Coverage | 28.31 |
Financial Efficiency
Return on equity (ROE) is 14.40% and return on invested capital (ROIC) is 13.07%.
| Return on Equity (ROE) | 14.40% |
| Return on Assets (ROA) | 11.40% |
| Return on Capital (ROIC) | 13.07% |
| Revenue Per Employee | $2.07M |
| Profits Per Employee | $1.30M |
| Employee Count | 536 |
| Asset Turnover | 0.18 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Essent Group has paid $126.61 million in taxes.
| Income Tax | 126.61M |
| Effective Tax Rate | 15.38% |
Stock Price Statistics
The stock price has increased by +32.69% in the last 52 weeks. The beta is 1.03, so Essent Group's price volatility has been similar to the market average.
| Beta (1Y) | 1.03 |
| 52-Week Price Change | +32.69% |
| 50-Day Moving Average | 54.89 |
| 200-Day Moving Average | 51.44 |
| Relative Strength Index (RSI) | 44.39 |
| Average Volume (30 Days) | 536,191 |
Short Selling Information
The latest short interest is 1.04 million, so 0.97% of the outstanding shares have been sold short.
| Short Interest | 1.04M |
| Short Previous Month | 712,174 |
| Short % of Shares Out | 0.97% |
| Short % of Float | 1.00% |
| Short Ratio (days to cover) | 1.81 |
Income Statement
In the last 12 months, Essent Group had revenue of $1.11 billion and earned $696.39 million in profits. Earnings per share was $6.50.
| Revenue | 1.11B |
| Gross Profit | 1.08B |
| Operating Income | 853.14M |
| Pretax Income | 823.00M |
| Net Income | 696.39M |
| EBITDA | 857.66M |
| EBIT | 853.14M |
| Earnings Per Share (EPS) | $6.50 |
Balance Sheet
The company has $141.79 million in cash and $421.92 million in debt, giving a net cash position of -$280.13 million or -$2.62 per share.
| Cash & Cash Equivalents | 141.79M |
| Total Debt | 421.92M |
| Net Cash | -280.13M |
| Net Cash Per Share | -$2.62 |
| Equity / Book Value | 5.10B |
| Book Value Per Share | 47.74 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $763.00 million and capital expenditures -$4.00 million, giving a free cash flow of $759.00 million.
| Operating Cash Flow | 763.00M |
| Capital Expenditures | -4.00M |
| Free Cash Flow | 759.00M |
| FCF Per Share | $7.15 |
Margins
Gross margin is 97.16%, with operating and profit margins of 76.88% and 62.75%.
| Gross Margin | 97.16% |
| Operating Margin | 76.88% |
| Pretax Margin | 74.16% |
| Profit Margin | 62.75% |
| EBITDA Margin | 77.28% |
| EBIT Margin | 76.88% |
| FCF Margin | 68.39% |
Dividends & Yields
This stock pays an annual dividend of $1.12, which amounts to a dividend yield of 2.08%.
| Dividend Per Share | $1.12 |
| Dividend Yield | 2.08% |
| Dividend Growth (YoY) | 13.19% |
| Years of Dividend Growth | 5 |
| Payout Ratio | 17.23% |
| Buyback Yield | 0.49% |
| Shareholder Yield | 2.56% |
| Earnings Yield | 12.07% |
| FCF Yield | 13.16% |
Analyst Forecast
The average price target for Essent Group is $58.38, which is 8.15% higher than the current price. The consensus rating is "Buy".
| Price Target | $58.38 |
| Price Target Difference | 8.15% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 |