S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
NYSE:ESNT

Essent Group (ESNT) Stock Price, News & Analysis

$59.03
+1.44 (+2.50%)
(As of 03/27/2024 ET)
Today's Range
$57.87
$59.10
50-Day Range
$51.74
$58.44
52-Week Range
$38.84
$59.10
Volume
433,924 shs
Average Volume
542,067 shs
Market Capitalization
$6.31 billion
P/E Ratio
9.08
Dividend Yield
1.90%
Price Target
$56.25

Essent Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
4.7% Downside
$56.25 Price Target
Short Interest
Healthy
0.74% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.45
Upright™ Environmental Score
News Sentiment
0.53mentions of Essent Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$275,000 Sold Last Quarter
Proj. Earnings Growth
8.52%
From $6.57 to $7.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.47 out of 5 stars

Finance Sector

155th out of 844 stocks

Surety Insurance Industry

2nd out of 7 stocks

ESNT stock logo

About Essent Group Stock (NYSE: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, as well as risk management products and title insurance and settlement services. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. Essent Group Ltd. was incorporated in 2008 and is based in Hamilton, Bermuda.

ESNT Stock Price History

ESNT Stock News Headlines

Essent Group Ltd's Dividend Analysis
4x Better than Bitcoin
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
ESNT Jul 2024 45.000 put
Essent Group (ESNT) Receives a Rating Update from a Top Analyst
Major Elon Musk Crypto Leak Revealed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
Essent Group Ltd. Q4 Profit Advances, Beats estimates
What Wall Street expects from Essent Group's earnings
Preview: Essent Group's Earnings
Essent Group Q4 2023 Earnings Preview
Essent: Still Worried About Unemployment
See More Headlines
Receive ESNT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Essent Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/09/2024
Ex-Dividend for 3/22 Dividend
3/12/2024
Dividend Payable
3/22/2024
Today
3/27/2024
Next Earnings (Estimated)
5/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Surety insurance
Sub-Industry
N/A
Fax
N/A
Employees
536
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$56.25
High Stock Price Target
$60.00
Low Stock Price Target
$50.00
Potential Upside/Downside
-4.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$696.39 million
Pretax Margin
74.16%

Debt

Sales & Book Value

Annual Sales
$1.11 billion
Cash Flow
$6.83 per share
Book Value
$47.79 per share

Miscellaneous

Free Float
103,560,000
Market Cap
$6.31 billion
Optionable
Optionable
Beta
1.03
7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

ESNT Stock Analysis - Frequently Asked Questions

Should I buy or sell Essent Group stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ESNT shares.
View ESNT analyst ratings
or view top-rated stocks.

What is Essent Group's stock price target for 2024?

7 Wall Street analysts have issued 12 month price targets for Essent Group's stock. Their ESNT share price targets range from $50.00 to $60.00. On average, they anticipate the company's stock price to reach $56.25 in the next twelve months. This suggests that the stock has a possible downside of 4.7%.
View analysts price targets for ESNT
or view top-rated stocks among Wall Street analysts.

How have ESNT shares performed in 2024?

Essent Group's stock was trading at $52.74 at the beginning of the year. Since then, ESNT shares have increased by 11.9% and is now trading at $59.03.
View the best growth stocks for 2024 here
.

Are investors shorting Essent Group?

Essent Group saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 764,000 shares, an increase of 7.3% from the February 29th total of 712,200 shares. Based on an average daily volume of 524,000 shares, the short-interest ratio is currently 1.5 days. Approximately 0.7% of the company's shares are short sold.
View Essent Group's Short Interest
.

When is Essent Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our ESNT earnings forecast
.

How were Essent Group's earnings last quarter?

Essent Group Ltd. (NYSE:ESNT) announced its quarterly earnings data on Friday, February, 9th. The financial services provider reported $1.64 EPS for the quarter, topping analysts' consensus estimates of $1.59 by $0.05. The financial services provider earned $297.30 million during the quarter, compared to analyst estimates of $286.18 million. Essent Group had a trailing twelve-month return on equity of 14.44% and a net margin of 62.75%. Essent Group's revenue for the quarter was up 29.3% compared to the same quarter last year. During the same period last year, the company posted $1.37 earnings per share.

How often does Essent Group pay dividends? What is the dividend yield for Essent Group?

Essent Group announced a quarterly dividend on Friday, February 9th. Stockholders of record on Wednesday, March 13th will be given a dividend of $0.28 per share on Friday, March 22nd. This represents a $1.12 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend is Tuesday, March 12th. This is a positive change from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for ESNT
.

Is Essent Group a good dividend stock?

Essent Group (NYSE:ESNT) pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.93%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 17.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ESNT will have a dividend payout ratio of 15.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ESNT.

What is Mark A. Casale's approval rating as Essent Group's CEO?

6 employees have rated Essent Group Chief Executive Officer Mark A. Casale on Glassdoor.com. Mark A. Casale has an approval rating of 100% among the company's employees. This puts Mark A. Casale in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Essent Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Essent Group investors own include Alibaba Group (BABA), NVIDIA (NVDA), Verizon Communications (VZ), QUALCOMM (QCOM), Walt Disney (DIS), Intel (INTC), Home Depot (HD), CVS Health (CVS), Procter & Gamble (PG) and

Who are Essent Group's major shareholders?

Essent Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.75%), Vanguard Group Inc. (10.74%), Dimensional Fund Advisors LP (3.77%), Cooke & Bieler LP (2.56%), Northern Trust Corp (1.41%) and Charles Schwab Investment Management Inc. (1.40%). Insiders that own company stock include Aditya Dutt, David B Weinstock, David B Weinstock, Douglas J Pauls, Lawrence E Mcalee Jr, Mark Casale, Mary Lourdes Gibbons, Robert Glanville, Roy James Kasmar, Vijay Bhasin and William Spiegel.
View institutional ownership trends
.

How do I buy shares of Essent Group?

Shares of ESNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ESNT) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners