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ESNT - Essent Share Price

$31.83 -2.7  -7.9%

Last Trade - 07/07/20

Sector
Financials
Size
Large Cap
Market Cap £2.81bn
Enterprise Value £3.12bn
Revenue £714.4m
Position in Universe 1308th / 6320
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -14.3%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -43.0%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
239.5 353.3 458.3 576.5 719.4 867.6 907.8 962 +29.4%
+32.0 +65.9 +40.7 +28.2 +54.1 +18.6 -32.1 +27.6
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, Essent Group Ltd revenues increased 14% to $228.8M. Net income increased 17% to $149.5M. Revenues reflect Net premiums written increase of 8% to $191.7M, Gross investment income- Insurance increase of 4% to $21.7M. Net income benefited from Interest expense decrease of 20% to $2.1M (expense). Dividend per share totaled to $0.16.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

ESNT Dividend Yield Range Unlock ESNT Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
ESNT EPS Forecasts Unlock ESNT Revenue
Profile Summary

Essent Group Ltd. is a private mortgage insurance company. The Company is engaged in offering private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its products and services include mortgage insurance, contract underwriting, and Bermuda-based insurance and reinsurance. The Company's primary mortgage insurance is offered to customers on individual loans at the time of origination on a flow basis, but can also be written in bulk transactions. Its pool insurance provides additional credit enhancement for certain secondary market and other mortgage transactions. The primary mortgage insurance operations were conducted through Essent Guaranty, Inc. which is a mortgage insurer licensed to write mortgage insurance in all 50 states and the District of Columbia, as of December 31, 2016. It offers primary mortgage insurance, pool insurance and master policy. It provides contract underwriting services through CUW Solutions, LLC.

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated July 1, 2008
Public Since October 31, 2013
No. of Shareholders: 11
No. of Employees: 381
Sector Financials
Industry Insurance
Index
Exchange New York Stock Exchange
Shares in Issue 110,623,304
Free Float (0.0%)
Eligible for
ISAs
SIPPs
ESNT Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for ESNT
Upcoming Events for ESNT
Friday 31st July, 2020 Estimate
Q2 2020 Essent Group Ltd Earnings Release
Friday 6th November, 2020 Estimate
Q3 2020 Essent Group Ltd Earnings Release
Frequently Asked Questions for Essent
What is the Essent share price?

As of 07/07/20, shares in Essent are trading at $31.83, giving the company a market capitalisation of £2.81bn. This share price information is delayed by 15 minutes.

How has the Essent share price performed this year?

Shares in Essent are currently trading at $31.83 and the price has moved by -34.43% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Essent price has moved by -38.55% over the past year.

What are the analyst and broker recommendations for Essent?

Of the analysts with advisory recommendations for Essent, there are there are currently 4 "buy" , 2 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Essent is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Essent next release its financial results?

Essent is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Essent dividend yield?

The Essent dividend yield is 1.45% based on the trailing twelve month period.

Does Essent pay a dividend?

Last year, Essent paid a total dividend of 0.46, and it currently has a trailing dividend yield of 1.45%. Looking ahead, Essent has not announced an ex-dividend date yet.

When does Essent next pay dividends?

Essent has yet to annouce their ex-dividend date. The historic dividend yield on Essent shares is currently 1.45%.

How do I buy Essent shares?

To buy shares in Essent you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Essent?

Shares in Essent are currently trading at $31.83, giving the company a market capitalisation of £2.81bn.

Where are Essent shares listed? Where are Essent shares listed?

Here are the trading details for Essent:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: ESNT
What kind of share is Essent?

Based on an overall assessment of its quality, value and momentum, Essent is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Essent share price forecast 2020?

Shares in Essent are currently priced at $31.83. At that level they are trading at 35.72% discount to the analyst consensus target price of 0.00.

Analysts covering Essent currently have a consensus Earnings Per Share (EPS) forecast of 3.841 for the next financial year.

How can I tell whether the Essent share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Essent. Over the past six months, the relative strength of its shares against the market has been -35.77%. At the current price of $31.83, shares in Essent are trading at -25.11% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Essent PE Ratio?

The Essent PE ratio based on its reported earnings over the past 12 months is 5.42. The shares are currently trading at $31.83.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Essent?

Essent's management team is headed by:

Mark Casale - CHM
Lawrence McAlee - CFO
Vijay Bhasin - SVP
Mary Gibbons - SVP
David Weinstock - CAO
William Spiegel - LED
Robert Glanville - IND
Aditya Dutt - IND
Jeff Cashmer - SVP
Joseph Hissong - SVP
Jane Chwick - DRC
Angela Heise - DRC
Christopher Curran - SVP
Who are the major shareholders of Essent?

Here are the top five shareholders of Essent based on the size of their shareholding:

The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 8.38% (9.27m shares)
Capital Research Global Investors Investment Advisor
Percentage owned: 7.04% (7.79m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 5.66% (6.26m shares)
Fidelity Management & Research Company Investment Advisor
Percentage owned: 4.74% (5.25m shares)
AllianceBernstein L.P. Investment Advisor/Hedge Fund
Percentage owned: 4.27% (4.72m shares)
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