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ESNT

Essent Group Ltd

ESNT

49.38USD+0.52 (+1.06%)Delayed as of 08 Dec 2023, 10:04 am
Watchlist

Market Summary

USD49.38+0.52
Delayedas of 08 Dec 2023, 10:04 am
1.06%

ESNT Stock Price

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ESNT RSI Chart

ESNT Valuation

Market Cap

5.2B

Price/Earnings (Trailing)

7.81

Price/Sales (Trailing)

5.01

EV/EBITDA

6.21

Price/Free Cashflow

7.29

ESNT Price/Sales (Trailing)

ESNT Profitability

EBT Margin

78.81%

Return on Equity

14.12%

Return on Assets

11.17%

Free Cashflow Yield

13.72%

ESNT Fundamentals

ESNT Revenue

Revenue (TTM)

1.0B

Revenue Y/Y

13.12%

Revenue Q/Q

13.83%

ESNT Earnings

Earnings (TTM)

668.4M

Earnings Y/Y

-0.05%

Earnings Q/Q

3.32%

Price Action

52 Week Range

36.5353.66
(Low)(High)

Last 7 days

1.1%

Last 30 days

0.4%

Last 90 days

-1.5%

Trailing 12 Months

29.6%

How does ESNT drawdown profile look like?

ESNT Financial Health

ESNT Investor Care

Dividend Yield

1.96%

Buy Backs (1Y)

0.75%

Diluted EPS (TTM)

6.24

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023992.5M1.0B1.0B0
20221.0B1.0B1.0B1.0B
2021971.1M978.3M1.0B1.0B
2020895.9M920.1M936.7M955.2M
2019752.4M790.5M831.9M867.6M
2018616.4M652.5M687.3M719.4M
2017483.4M512.8M541.8M576.5M
2016375.7M399.8M429.4M458.3M
2015271.7M301.4M328.6M353.3M
2014156.2M180.9M209.1M239.5M
201369.4M90.1M110.7M131.4M
201200048.7M
Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for ESNT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Sep 27, 2023
weinstock david b
sold
-96,400
48.2
-2,000
svp and cfo
Aug 23, 2023
gibbons mary lourdes
sold
-747,000
49.8
-15,000
svp and chief legal officer
Aug 16, 2023
weinstock david b
sold
-103,760
51.88
-2,000
svp and cfo
Aug 02, 2023
bhasin vijay
sold
-134,567
50.57
-2,661
svp and chief risk officer
Jul 28, 2023
bhasin vijay
sold
-67,654
50.04
-1,352
svp and chief risk officer
Jul 27, 2023
bhasin vijay
sold
-125,325
50.09
-2,502
svp and chief risk officer
Jul 26, 2023
bhasin vijay
sold
-195,667
50.03
-3,911
svp and chief risk officer
Jul 25, 2023
bhasin vijay
sold
-184,124
50.02
-3,681
svp and chief risk officer
May 18, 2023
pauls douglas j
gifted
-
-
-2,445
-
May 18, 2023
pauls douglas j
gifted
-
-
2,445
-

1–10 of 50

Which funds bought or sold ESNT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-88.3
-2,905,470
389,434
 -%
Nov 27, 2023
USA FINANCIAL FORMULAS
new
-
473
473
 -%
Nov 24, 2023
DEUTSCHE BANK AG\
added
5.42
653,409
10,671,700
 0.01%
Nov 22, 2023
Polar Capital Holdings Plc
reduced
-9.77
-10,992,000
113,496,000
 0.84%
Nov 22, 2023
Graham Capital Management, L.P.
new
-
275,038
275,038
 0.01%
Nov 21, 2023
Walleye Trading LLC
added
447
828,590
1,011,390
 -%
Nov 21, 2023
Walleye Capital LLC
added
0.1
48,754
4,307,840
 0.01%
Nov 16, 2023
Financial Gravity Asset Management, Inc.
sold off
-100
-405
-
 -%
Nov 15, 2023
MANUFACTURERS LIFE INSURANCE COMPANY, THE
added
7.94
495,345
5,954,280
 -%
Nov 15, 2023
MORGAN STANLEY
added
14.2
3,601,980
26,994,800
 -%

1–10 of 46

Latest Funds Activity

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

Schedule 13G FIlings of Essent Group Ltd

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 11, 2022
capital world investors
7.2%
7,965,990
SC 13G
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Jan 27, 2022
blackrock inc.
13.5%
14,924,293
SC 13G/A
Jan 26, 2022
blackrock inc.
13.5%
14,924,293
SC 13G/A

Recent SEC filings of Essent Group Ltd

View All Filings
Date Filed Form Type Document
Nov 07, 2023
10-Q
Quarterly Report
Nov 02, 2023
8-K
Current Report
Sep 28, 2023
4
Insider Trading
Sep 13, 2023
4
Insider Trading
Sep 13, 2023
4
Insider Trading
Sep 13, 2023
4
Insider Trading
Sep 13, 2023
4
Insider Trading
Sep 13, 2023
4
Insider Trading
Sep 13, 2023
4
Insider Trading
Sep 13, 2023
4
Insider Trading

Peers (Alternatives to Essent Group Ltd)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
AJG
52.0B
9.7B
 -1.22% 24.63%
45.73
5.38
 13.81% 5.58%
AFL
49.3B
19.0B
 1.26% 15.85%
10.79
2.59
 -8.29% -10.06%
AIG
47.5B
49.4B
 3.65% 6.68%
11.85
0.96
 -13.81% -70.07%
TRV
41.5B
40.1B
 7.01% -2.27%
19.02
1.04
 10.52% -34.92%
ACGL
28.9B
12.8B
 -8.28% 30.24%
9.73
2.26
 66.43% 139.35%
MID-CAP
AFG
9.7B
7.7B
 3.71% -13.39%
11.22
1.26
 11.70% -11.46%
UNM
9.2B
12.2B
 -2.31% 3.80%
6.51
0.77
 2.39% 4.64%
AIZ
8.8B
10.8B
 5.34% 30.64%
16.74
0.82
 6.78% 60.32%
AEL
4.4B
2.4B
 2.94% 41.87%
3.98
1.8
 30.04% -43.02%
LNC
4.1B
14.8B
 5.86% -28.38%
3.2
0.28
 -26.79% 3.19%
SMALL-CAP
BRP
1.2B
1.2B
 -12.21% -28.42%
-11.16
0.98
 32.00% -553.83%
ARGO
1.1B
1.5B
 0.60% 15.65%
-5.62
0.73
 -24.08% -3.53%
AMSF
912.8M
306.5M
 -6.65% -6.54%
14.33
2.98
 4.48% 66.05%
AMBC
677.4M
413.5M
 20.11% -7.13%
3.47
1.64
 22.34% -40.00%
AAME
39.2M
185.3M
 11.63% -28.89%
12.62
0.21
 -3.68% -1.30%

Essent Group Ltd News

Latest updates
MarketBeat • 07 Dec 2023 • 11:52 am • 27 hours ago
Essent Group Ltd. (NYSE:ESNT) Shares Sold by BlackRock Inc.
Nasdaq • 06 Dec 2023 • 04:39 pm • 46 hours ago
UBS Initiates Coverage of Essent Group (ESNT) with Neutral ...
Nasdaq • 06 Dec 2023 • 03:00 pm • 2 days ago
Validea's Top Financial Stocks Based On Warren Buffett - 12/6/2023
Best Stocks • 06 Dec 2023 • 01:12 pm • 2 days ago
Impressive Third Quarter Results for Ollies Bargain Outlet
MarketBeat • 02 Dec 2023 • 09:45 am • 6 days ago
Short Interest in Essent Group Ltd. (NYSE:ESNT) Expands By 14.2%
Simply Wall St • 28 Nov 2023 • 10:34 am • 10 days ago
Insiders At Essent Group Sold US$1.8m In Stock, Alluding To Potential Weakness
Defense World • 27 Nov 2023 • 10:44 am • 11 days ago
BNP Paribas Arbitrage SNC Sells 32591 Shares of Essent Group ...
Defense World • 26 Nov 2023 • 10:16 am • 12 days ago
TD Asset Management Inc Has $1.09 Million Stock Position in ...
Yahoo Finance • 05 Nov 2023 • 07:00 am • 33 days ago
Essent Group Ltd. (NYSE:ESNT) Q3 2023 Earnings Call Transcript
Seeking Alpha • 03 Nov 2023 • 07:00 am • 35 days ago
Rocket Companies rises 7% after earnings, but stock downgraded at ...
Barchart • 02 Nov 2023 • 02:30 pm • 36 days ago
The White House Has Proposed Cracking Down On Junk Fees ...
Clayton County Register • 02 Nov 2023 • 02:10 pm • 36 days ago
The History and Growth of Adamis Pharmaceuticals Corporation
Zonebourse.com • 02 Nov 2023 • 12:34 pm • 36 days ago
Essent Group Ltd. déclare un dividende trimestriel en espèces ...
Nasdaq • 02 Nov 2023 • 07:00 am • 36 days ago
Stock Index Futures Climb on Hopes of End to Fed Rate Hikes ...
Business Wire • 24 Oct 2023 • 07:00 am • 45 days ago
Essent Announces Integration with Mortgage Cadence's Loan ...

Financials for Essent Group Ltd

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue13.8%296260256230262244265257284243245247243236229229226212201193185
EBITDA Margin-100.0%-0.82*0.89*1.01*1.02*1.03*0.95*0.81*0.75*0.68*0.51*0.53*0.57*0.60*0.78*0.78*-----
Interest Expenses6.2%8.007.007.006.004.003.002.002.002.002.002.002.002.003.002.002.003.003.003.003.003.00
Income Taxes-15.1%31.0037.0030.0026.0033.0044.0054.0036.0041.0031.0033.0023.0024.003.0027.0027.0028.0026.0022.0024.0024.00
Earnings Before Taxes0.1%20920920117321127632821724719016814614819.00177174172163150152140
EBT Margin-100.0%-0.79*0.87*0.99*1.00*1.02*0.94*0.80*0.74*0.67*0.50*0.51*0.55*0.59*0.77*0.76*-----
Net Income3.3%17817217114717823227418120516013612412515.00150147145136128129116
Net Income Margin-100.0%-0.66*0.73*0.83*0.84*0.85*0.78*0.66*0.61*0.56*0.41*0.43*0.47*0.50*0.64*0.64*-----
Free Cashflow-100.0%-16718417117262.00180190177152187178202182163164-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.9%6,0945,9835,9285,7245,5575,5215,5865,7225,5905,5225,3325,2035,1074,9004,1873,8733,7223,5403,3533,1502,993
    Cash Equivalents42.1%97.0068.0069.0081.0079.0078.0020481.0066.0014281.0010311973.0031.0071.0050.0025.0040.0065.0030.00
  Net PPE30.0%41.0031.0019.0020.0020.0021.0020.0012.0012.0013.0014.0015.0015.0015.0016.0017.0017.0017.0018.008.007.00
Liabilities2.9%1,2861,2501,2791,2611,2631,2491,3711,4861,4221,4371,4111,3401,3611,2771,080889867836825784778
Shareholder's Equity1.6%4,8084,7334,6494,4624,2944,2724,2154,2364,1684,0853,9213,8633,7473,6233,1072,9852,8552,7042,5282,3662,215
  Retained Earnings4.0%3,9333,7823,6373,4933,3713,2163,0072,7552,5952,4102,2692,1522,0461,9401,9421,8091,6761,5471,4101,2821,154
  Additional Paid-In Capital0.0%1,3101,3101,3351,3501,3461,3411,3591,4291,4931,5581,5711,5711,5661,5621,1171,1191,1151,1111,1071,1111,107
Accumulated Depreciation1.8%70.0069.0068.0067.0067.0066.0065.0064.0064.0063.0062.0061.0060.0059.0059.0058.0057.0056.0055.0054.0053.00
Shares Outstanding-0.1%10710710810810810710810911111211211211210398.0098.0098.0098.0098.0098.0097.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations16.3%195,048167,711184,789172,361172,55863,269180,629191,089178,372152,024187,771179,425202,721182,654163,131165,269159,095126,802138,682139,367143,298
  Share Based Compensation2.9%4,4794,3545,1064,6744,7024,1984,8074,7695,5115,3855,1794,5474,5674,5684,7804,0964,1704,2224,1003,8043,837
Cashflow From Investing-20.2%-134,835-112,165-149,342-145,862-147,413-144,49038,893-179,755-163,896-53,257-186,259-71,100-138,424-563,467-381,426-128,662-119,479-141,896-155,039-103,944-138,094
Cashflow From Financing43.8%-31,535-56,078-48,054-24,726-23,530-44,772-97,1684,332-90,791-37,649-23,320-124,186-18,393422,545178,000-14,839-15,289-140-8,100-274-71.00
  Dividend Payments-0.1%26,49626,52626,77524,58223,51222,44221,59220,77819,93019,07317,94317,90617,90517,90515,69414,67514,673----
  Buy Backs-82.9%5,03929,55221,27914418.0022,33075,42269,04170,86118,5765,377--48.006,3061646161258,10021079.00

ESNT Income Statement

2023-09-30
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:    
Net premiums written$ 240,574$ 209,230$ 656,095$ 619,303
Decrease in unearned premiums6,231(1,296)15,19715,972
Net premiums earned246,805207,934671,292635,275
Net investment income47,07232,594135,55886,613
Realized investment losses, net(235)175(2,312)(7,648)
(Loss) income from other invested assets(3,143)9,617(10,697)36,275
Other income5,60911,44718,64120,272
Total revenues296,108261,767812,482770,787
Losses and expenses:    
Provision (benefit) for losses and LAE10,8224,25211,902(178,805)
Other underwriting and operating expenses54,81442,144145,183124,838
Premiums retained by agents13,175013,1750
Interest expense7,8544,45022,1849,563
Total losses and expenses86,66550,846192,444(44,404)
Income before income taxes209,443210,921620,038815,191
Income tax expense31,48432,87099,019131,204
Net income$ 177,959$ 178,051$ 521,019$ 683,987
Earnings per share:    
Basic (in dollars per share)$ 1.68$ 1.67$ 4.90$ 6.37
Diluted (in dollars per share)$ 1.66$ 1.66$ 4.86$ 6.35
Weighted average shares outstanding:    
Basic (in shares)105,979106,870106,387107,314
Diluted (in shares)107,025107,337107,232107,732
Net income$ 177,959$ 178,051$ 521,019$ 683,987
Other comprehensive income loss:    
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of ($12,800) and ($22,000) in the three months ended September 30, 2023 and 2022 and $(8,418) and ($82,132) in the nine months ended September 30, 2023 and 2022.(76,248)(137,010)(53,593)(474,284)
Total other comprehensive income loss(76,248)(137,010)(53,593)(474,284)
Comprehensive income$ 101,711$ 41,041$ 467,426$ 209,703

ESNT Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Investments  
Total investments available for sale$ 4,997,688$ 4,741,625
Other invested assets272,619257,941
Total investments5,270,3074,999,566
Cash96,77981,240
Accrued investment income36,65133,162
Accounts receivable68,33257,399
Deferred policy acquisition costs9,3759,910
Property and equipment (at cost, less accumulated depreciation of $70,011 in 2023 and $67,352 in 2022)40,71019,571
Prepaid federal income tax461,386418,460
Goodwill and intangible assets, net64,2710
Other assets46,389104,489
Total assets6,094,2005,723,797
Liabilities  
Reserve for losses and LAE241,333216,464
Unearned premium reserve147,712162,887
Net deferred tax liability329,721356,810
Credit facility borrowings (at carrying value, less unamortized deferred costs of $3,344 in 2023 and $4,136 in 2022)421,656420,864
Other accrued liabilities145,771104,463
Total liabilities1,286,1931,261,488
Commitments and contingencies (see Note 7)
Stockholders’ Equity  
Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 106,887 shares in 2023 and 107,683 shares in 20221,6031,615
Additional paid-in capital1,309,7171,350,377
Accumulated other comprehensive loss(436,383)(382,790)
Retained earnings3,933,0703,493,107
Total stockholders’ equity4,808,0074,462,309
Total liabilities and stockholders’ equity6,094,2005,723,797
Fixed maturities  
Investments  
Total investments available for sale4,241,7574,489,598
Short-term investments  
Investments  
Total investments available for sale$ 755,931$ 252,027

About Essent Group Ltd

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. 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
 WEBSITEwww.essentgroup.com
 EMPLOYEES347

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 Thu Dec 07 2023, market cap of Essent Group Ltd is 5.22 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. 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 Thu Dec 07 2023, ESNT's PE ratio (Price to Earnings) is 7.81 and Price to Sales (PS) ratio is 5.01. 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 0.088 (multiply by 100 for percentage) rate of return.