ESNT - Essent Group Ltd Stock Price, Fair Value and News

54.11USD+0.65 (+1.22%)Delayed as of 22 Apr 2024, 03:03 pm ET

Market Summary

USD54.11+0.65

Delayedas of 22 Apr 2024, 03:03 pm

1.22%

ESNT Stock Price

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ESNT RSI Chart

ESNT Valuation

Market Cap

5.7B

Price/Earnings (Trailing)

8.2

Price/Sales (Trailing)

5.15

EV/EBITDA

6.5

Price/Free Cashflow

7.53

ESNT Price/Sales (Trailing)

ESNT Profitability

EBT Margin

74.16%

Return on Equity

13.65%

Return on Assets

10.84%

Free Cashflow Yield

13.28%

ESNT Fundamentals

ESNT Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

29.23%

Rev. Growth (Qtr)

0.39%

ESNT Earnings

Earnings (TTM)

696.4M

Earnings Growth (Yr)

19%

Earnings Growth (Qtr)

-1.46%

Breaking Down ESNT Revenue

52 Week Range

40.3354.13

(Low)(High)

Last 7 days

-0.4%

Last 30 days

-7.9%

Last 90 days

-3.2%

Trailing 12 Months

27.7%

How does ESNT drawdown profile look like?

ESNT Financial Health

ESNT Investor Care

Buy Backs (1Y)

1.13%

Diluted EPS (TTM)

6.5

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	992.5M	1.0B	1.0B	1.1B
2022	1.0B	1.0B	1.0B	1.0B
2021	971.1M	978.3M	1.0B	1.0B
2020	895.9M	920.1M	936.7M	955.2M
2019	752.4M	790.5M	831.9M	867.6M
2018	616.4M	652.5M	687.3M	719.4M
2017	483.4M	512.8M	541.8M	576.5M
2016	375.7M	399.8M	429.4M	458.3M
2015	271.7M	301.4M	328.6M	353.3M
2014	156.2M	180.9M	209.1M	239.5M
2013	69.4M	90.1M	110.7M	131.4M
2012	0	0	0	48.7M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Essent Group Ltd

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	casale mark	acquired	-	-	6,976	chairman, ceo and president
Mar 01, 2024	bhasin vijay	sold (taxes)	-556,592	53.57	-10,390	svp and chief risk officer
Mar 01, 2024	casale mark	sold (taxes)	-3,018,830	53.57	-56,353	chairman, ceo and president
Mar 01, 2024	weinstock david b	acquired	-	-	4,249	svp and cfo
Mar 01, 2024	weinstock david b	sold (taxes)	-62,623	53.57	-1,169	svp and cfo
Mar 01, 2024	curran christopher g	sold (taxes)	-701,767	53.57	-13,100	pres., essent guaranty, inc.
Mar 01, 2024	bhasin vijay	acquired	-	-	1,261	svp and chief risk officer
Mar 01, 2024	gibbons mary lourdes	sold (taxes)	-614,716	53.57	-11,475	svp and chief legal officer
Mar 01, 2024	curran christopher g	acquired	-	-	1,471	pres., essent guaranty, inc.
Mar 01, 2024	gibbons mary lourdes	acquired	-	-	1,399	svp and chief legal officer

Which funds bought or sold ESNT recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	Diversified Trust Co	sold off	-100	-381,310	-	-%
Apr 18, 2024	SJS Investment Consulting Inc.	unchanged	-	217	1,905	-%
Apr 18, 2024	STATE OF MICHIGAN RETIREMENT SYSTEM	added	1.95	203,291	1,555,180	0.01%
Apr 18, 2024	Measured Wealth Private Client Group, LLC	added	4.08	113,985	767,381	0.27%
Apr 18, 2024	AlphaMark Advisors, LLC	added	13.2	75,000	344,000	0.12%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	reduced	-9.95	299,890	18,928,600	0.03%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	318	2,797	-%
Apr 17, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	added	6.36	-196,000	964,000	0.04%
Apr 16, 2024	Financial Management Professionals, Inc.	unchanged	-	-	1,000	-%
Apr 15, 2024	Ellsworth Advisors, LLC	added	6.26	36,172	481,992	0.14%

Are Funds Buying or Selling ESNT?

Are funds buying ESNT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ESNT

No. of Funds

Unveiling Essent Group Ltd's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.75%	11,477,434	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 09, 2024	capital world investors	9.9%	10,517,798	SC 13G/A
Jan 23, 2024	blackrock inc.	12.3%	13,181,317	SC 13G/A
Feb 13, 2023	capital world investors	9.7%	10,490,811	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	10.67%	11,496,701	SC 13G/A
Jan 26, 2023	blackrock inc.	15.5%	16,667,268	SC 13G/A
Jan 20, 2023	blackrock inc.	15.5%	16,667,268	SC 13G/A
Jun 09, 2022	vanguard group inc	10.00%	10,760,075	SC 13G/A

Recent SEC filings of Essent Group Ltd

View All Filings

Date Filed	Form Type	Document
Mar 29, 2024	ARS	ARS
Mar 29, 2024	DEF 14A	DEF 14A
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading

Peers (Alternatives to Essent Group Ltd)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	-3.05%	3151.62%	-4.8K	761.86	-10.27%	-34.69%
AJG	51.3B	10.1B	-7.49%	13.87%	52.89	5.1	17.79%	-12.97%
AIG	50.5B	46.8B	-3.27%	41.82%	13.88	1.08	-14.05%	-64.38%
TRV	49.0B	42.9B	-4.90%	19.36%	15.61	1.14	13.52%	12.15%
AFL	48.0B	18.7B	-2.07%	25.18%	10.31	2.57	-2.30%	5.45%
ACGL	34.8B	13.6B	0.75%	28.72%	7.82	2.55	41.83%	201.02%
AFG	10.7B	7.8B	-3.82%	3.93%	12.56	1.37	11.18%	-5.12%
MID-CAP
UNM	9.8B	12.4B	-3.13%	24.50%	7.66	0.79	3.35%	-8.77%
AIZ	9.0B	11.1B	-3.74%	48.68%	14.06	0.81	9.21%	132.28%
LNC	4.7B	11.6B	-1.85%	31.29%	-6.24	0.4	-38.09%	-155.38%
AEL	4.4B	2.8B	-1.37%	46.21%	20.89	1.55	100.59%	-89.04%
SMALL-CAP
BRP	1.7B	1.2B	-8.74%	8.08%	-18.38	1.36	24.25%	-115.79%
AMSF	973.6M	306.9M	0.75%	-4.63%	15.68	3.17	4.11%	11.70%
AMBC	650.8M	269.0M	-4.95%	-5.02%	144.63	2.42	-46.68%	-99.14%
AAME	40.0M	186.8M	-29.75%	-16.24%	-233.85	0.21	-0.56%	-111.21%

Essent Group Ltd News

Latest updates

Essent Group Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.4%	297	296	260	256	230	262	244	265	257	284	243	245	247	243	236	229	229	226	212	201	193
EBITDA Margin	-2.4%	0.77*	0.79*	0.82*	0.89*	1.01*	1.02*	1.03*	0.95*	0.81*	0.75*	0.68*	0.51*	-	-	-	-	-	-	-	-	-
Interest Expenses	1.3%	8.00	8.00	7.00	7.00	6.00	4.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	3.00	2.00	2.00	3.00	3.00	3.00	3.00
Income Taxes	-12.4%	28.00	31.00	37.00	30.00	26.00	33.00	44.00	54.00	36.00	41.00	31.00	33.00	23.00	24.00	3.00	27.00	27.00	28.00	26.00	22.00	24.00
Earnings Before Taxes	-3.1%	203	209	209	201	173	211	276	328	217	247	190	168	146	148	19.00	177	174	172	163	150	152
EBT Margin	-2.5%	0.74*	0.76*	0.79*	0.87*	0.99*	1.00*	1.02*	0.94*	0.80*	0.74*	0.67*	0.50*	-	-	-	-	-	-	-	-	-
Net Income	-1.5%	175	178	172	171	147	178	232	274	181	205	160	136	124	125	15.00	150	147	145	136	128	129
Net Income Margin	-2.1%	0.63*	0.64*	0.66*	0.73*	0.83*	0.84*	0.85*	0.78*	0.66*	0.61*	0.56*	0.41*	-	-	-	-	-	-	-	-	-
Free Cashflow	9.9%	213	194	167	184	171	172	62.00	180	190	177	152	187	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	5.5%	6,427	6,094	5,983	5,928	5,724	5,557	5,521	5,586	5,722	5,590	5,522	5,332	5,203	5,107	4,900	4,187	3,873	3,722	3,540	3,353	3,150
Cash Equivalents	46.5%	142	97.00	68.00	69.00	81.00	79.00	78.00	204	81.00	66.00	142	81.00	103	119	73.00	31.00	71.00	50.00	25.00	40.00	65.00
Net PPE	1.5%	41.00	41.00	31.00	19.00	20.00	20.00	21.00	20.00	12.00	12.00	13.00	14.00	15.00	15.00	15.00	16.00	17.00	17.00	17.00	18.00	8.00
Liabilities	2.9%	1,324	1,286	1,250	1,279	1,261	1,263	1,249	1,371	1,486	1,422	1,437	1,411	1,340	1,361	1,277	1,080	889	867	836	825	784
Shareholder's Equity	6.1%	5,103	4,808	3,782	3,637	4,462	4,294	4,272	4,215	4,236	4,168	4,085	2,269	3,863	3,747	1,940	1,942	56.00	2,855	2,704	9.00	1,111
Retained Earnings	3.8%	4,082	3,933	3,782	3,637	3,493	3,371	3,216	3,007	2,755	2,595	2,410	2,269	2,152	2,046	1,940	1,942	1,809	1,676	1,547	1,410	1,282
Additional Paid-In Capital	-0.8%	1,300	1,310	1,310	1,335	1,350	1,346	1,341	1,359	1,429	1,493	1,558	1,571	1,571	1,566	1,562	1,117	1,119	1,115	1,111	1,107	1,111
Accumulated Depreciation	1.7%	71.00	70.00	69.00	68.00	67.00	67.00	66.00	65.00	64.00	64.00	63.00	62.00	61.00	60.00	59.00	59.00	58.00	57.00	56.00	55.00	54.00
Shares Outstanding	-0.3%	107	107	107	108	108	107	107	108	111	111	112	112	-	-	-	-	-	-	-	-	-
Float	-	-	-	4,854	-	-	-	4,077	-	-	-	4,920	-	-	-	3,977	-	-	-	4,489	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	10.5%	215,453	195,048	167,711	184,789	172,361	172,558	63,269	180,629	191,089	178,372	152,024	187,771	179,425	202,721	182,654	163,131	165,269	159,095	126,802	138,682	139,367
Share Based Compensation	0.6%	4,507	4,479	4,354	5,106	4,674	4,702	4,198	4,807	4,769	5,511	5,385	5,179	4,547	4,567	4,568	4,780	4,096	4,170	4,222	4,100	3,804
Cashflow From Investing	4.2%	-129,227	-134,835	-112,165	-149,342	-145,862	-147,413	-144,490	38,893	-179,755	-163,896	-53,257	-186,259	-71,100	-138,424	-563,467	-381,426	-128,662	-119,479	-141,896	-155,039	-103,944
Cashflow From Financing	-30.7%	-41,218	-31,535	-56,078	-48,054	-24,726	-23,530	-44,772	-97,168	4,332	-90,791	-37,649	-23,320	-124,186	-18,393	422,545	178,000	-14,839	-15,289	-140	-8,100	-274
Dividend Payments	-0.3%	26,418	26,496	26,526	26,775	24,582	23,512	22,442	21,592	20,778	19,930	19,073	17,943	17,906	17,905	17,905	15,694	14,675	14,673	-	-	-
Buy Backs	193.7%	14,800	5,039	29,552	21,279	144	18.00	22,330	75,422	69,041	70,861	18,576	5,377	-	-	48.00	6,306	164	616	125	8,100	210

ESNT Income Statement

2023-12-31

Consolidated Statements of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Net premiums written	$ 894,282	$ 820,029	$ 807,492
Decrease in unearned premiums	22,624	22,498	65,051
Net premiums earned	916,906	842,527	872,543
Net investment income	186,139	124,409	88,765
Realized investment (losses) gains, net	(7,204)	(13,172)	418
Income (loss) from other invested assets	(11,118)	28,676	56,386
Other income	25,036	18,384	10,398
Total revenues	1,109,759	1,000,824	1,028,510
Losses and expenses:
(Benefit) provision for losses and LAE	31,542	(174,704)	31,057
Other underwriting and operating expenses	200,431	171,733	166,857
Premiums retained by agents	24,650	0	0
Interest expense	30,137	15,608	8,282
Total losses and expenses	286,760	12,637	206,196
Income before income taxes	822,999	988,187	822,314
Income tax expense	126,613	156,834	140,531
Net income	$ 696,386	$ 831,353	$ 681,783
Earnings per share:
Basic (in dollars per share)	$ 6.56	$ 7.75	$ 6.13
Diluted (in dollars per share)	$ 6.50	$ 7.72	$ 6.11
Weighted average shares outstanding:
Basic (in shares)	106,222	107,205	111,164
Diluted (in shares)	107,129	107,653	111,555
Net income	$ 696,386	$ 831,353	$ 681,783
Other comprehensive income (loss):
Change in unrealized (depreciation) appreciation of investments, net of tax (benefit) expense of $17,944 in 2023, $(75,013) in 2022 and $(15,477) in 2021	102,294	(433,497)	(87,567)
Total other comprehensive income (loss)	102,294	(433,497)	(87,567)
Comprehensive income	$ 798,680	$ 397,856	$ 594,216

ESNT Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Investments
Total investments available for sale	$ 5,263,739	$ 4,741,625
Other invested assets	277,226	257,941
Total investments	5,540,965	4,999,566
Cash	141,787	81,240
Accrued investment income	35,689	33,162
Accounts receivable	63,266	57,399
Deferred policy acquisition costs	9,139	9,910
Property and equipment (at cost, less accumulated depreciation of $71,168 in 2023 and $67,352 in 2022)	41,304	19,571
Prepaid federal income tax	470,646	418,460
Goodwill and intangible assets, net	72,826	0
Other assets	51,051	104,489
Total assets	6,426,673	5,723,797
Liabilities
Reserve for losses and LAE	260,095	216,464
Unearned premium reserve	140,285	162,887
Net deferred tax liability	362,753	356,810
Credit facility borrowings (at carrying value, less unamortized deferred costs of $3,080 in 2023 and $4,136 in 2022)	421,920	420,864
Other accrued liabilities	139,070	104,463
Total liabilities	1,324,123	1,261,488
Commitments and contingencies (see Note 8)
Stockholders' Equity
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 106,597 shares in 2023 and 109,377 shares in 2022	1,599	1,615
Additional paid-in capital	1,299,869	1,350,377
Accumulated other comprehensive income (loss)	(280,496)	(382,790)
Retained earnings	4,081,578	3,493,107
Total stockholders' equity	5,102,550	4,462,309
Total liabilities and stockholders' equity	6,426,673	5,723,797
Fixed maturities
Investments
Total investments available for sale	4,335,008	4,489,598
Short-term investments
Investments
Total investments available for sale	$ 928,731	$ 252,027

About Essent Group Ltd

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. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. Essent Group Ltd. was founded in 2008 and is based in Hamilton, Bermuda.

CEO	Mr. Mark Anthony Casale
WEBSITE	essentgroup.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	347

Essent Group Ltd Frequently Asked Questions

What is the ticker symbol for Essent Group Ltd? What does ESNT stand for in stocks?

ESNT is the stock ticker symbol of Essent Group Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Essent Group Ltd (ESNT)?

As of Fri Apr 19 2024, market cap of Essent Group Ltd is 5.71 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ESNT stock?

You can check ESNT's fair value in chart for subscribers.

What is the fair value of ESNT stock?

You can check ESNT's fair value in chart for subscribers. The fair value of Essent Group Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Essent Group Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ESNT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Essent Group Ltd a good stock to buy?

The fair value guage provides a quick view whether ESNT is over valued or under valued. Whether Essent Group Ltd is cheap or expensive depends on the assumptions which impact Essent Group Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ESNT.

What is Essent Group Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, ESNT's PE ratio (Price to Earnings) is 8.2 and Price to Sales (PS) ratio is 5.15. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ESNT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Essent Group Ltd's stock?

In the past 10 years, Essent Group Ltd has provided 0.104 (multiply by 100 for percentage) rate of return.