Essent Group Stock Today
| ESNT Stock | USD 56.70 0.61 1.09% |
Performance6 of 100
| Odds Of DistressLess than 3
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Essent is selling for under 56.70 as of the 3rd of June 2024; that is 1.09% increase since the beginning of the trading day. The stock's last reported lowest price was 56.02. Essent has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Essent Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of March 2024 and ending today, the 3rd of June 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 31st of October 2013 | Classification Financials |
Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The company was founded in 2008 and is based in Hamilton, Bermuda. Essent operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. The company has 106.67 M outstanding shares of which 719.07 K shares are currently shorted by private and institutional investors with about 1.35 trading days to cover. More on Essent Group
Moving together with Essent Stock
| 0.69 | ACT | Enact Holdings | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores
Essent Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Essent's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Essent or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Essent's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Essent's managers, analysts, and investors.
Environmental | Governance | Social |
| Chairman | Mark Casale | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Insurance (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Commercial & Residential Mortgage Finance, Insurance - Specialty, Financial Services, NYSE Composite, SP Midcap 400, Insurance, Financials, Financial Services, Insurance—Specialty, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Essent report their recommendations after researching Essent's financial statements, talking to executives and customers, or listening in on Essent's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Essent Group. The Essent consensus assessment is calculated by taking the average forecast from all of the analysts covering Essent. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Essent's liquidity, profitability, solvency, and operating efficiency, Essent Group is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in July. Financial strength of Essent Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Essent's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Essent's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Essent's financial leverage. It provides some insight into what part of Essent's total assets is financed by creditors.
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Essent Group (ESNT) is traded on New York Stock Exchange in USA. It is located in Clarendon House, Hamilton, Bermuda and employs 526 people. Essent is listed under Commercial & Residential Mortgage Finance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.05 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Essent's market, we take the total number of its shares issued and multiply it by Essent's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Essent Group conducts business under Financial Services sector and is part of Financials industry. The entity has 106.67 M outstanding shares of which 719.07 K shares are currently shorted by private and institutional investors with about 1.35 trading days to cover.
Essent Group currently holds about 433.48 M in cash with 763 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.03.
Check Essent Probability Of Bankruptcy
Ownership AllocationEssent Group retains a total of 106.67 Million outstanding shares. The majority of Essent Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Essent Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Essent. Please pay attention to any change in the institutional holdings of Essent Group as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Essent Ownership Details
Essent Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Essent that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Essent's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Essent's value.| Instituion | Recorded On | Shares | |
| Capital Research & Mgmt Co - Division 3 | 2024-03-31 | 2.1 M | |
| Bank Of New York Mellon Corp | 2024-03-31 | 1.9 M | |
| Charles Schwab Investment Management Inc | 2024-03-31 | 1.5 M | |
| Ameriprise Financial Inc | 2024-03-31 | 1.5 M | |
| Northern Trust Corp | 2024-03-31 | 1.3 M | |
| Principal Financial Group Inc | 2024-03-31 | 1.2 M | |
| Norges Bank | 2023-12-31 | 1.2 M | |
| Jpmorgan Chase & Co | 2024-03-31 | 1.2 M | |
| American Century Companies Inc | 2024-03-31 | 923.4 K | |
| Blackrock Inc | 2024-03-31 | 12.7 M | |
| Vanguard Group Inc | 2024-03-31 | 11.9 M |
Essent Historical Income Statement
Essent Group Income Statement is one of the three primary financial statements used for reporting Essent's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Essent Group revenue and expense. Essent Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Essent's Interest Expense is comparatively stable compared to the past year. Operating Income is likely to gain to about 900.5 M in 2024, whereas Total Revenue is likely to drop slightly above 581.9 M in 2024. View More FundamentalsEssent Stock Against Markets
Picking the right benchmark for Essent stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Essent stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Essent is critical whether you are bullish or bearish towards Essent Group at a given time. Please also check how Essent's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Essent without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Essent Corporate Directors
Essent corporate directors refer to members of an Essent board of directors. The board of directors generally takes responsibility for the Essent's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Essent's board members must vote for the resolution. The Essent board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Allan Levine | Independent Director | Profile | |
| Jane Chwick | Independent Director | Profile | |
| Aditya Dutt | Independent Director | Profile | |
| Roy Kasmar | Independent Director | Profile |
How to buy Essent Stock?
Before investing in Essent, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Essent. To buy Essent stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Essent. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Essent stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Essent Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Essent Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Essent Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Essent Stock please use our How to Invest in Essent guide.
Already Invested in Essent Group?
The danger of trading Essent Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Essent is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Essent. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Essent Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Essent Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Essent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Essent Group Stock. Highlighted below are key reports to facilitate an investment decision about Essent Group Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essent Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Essent Stock analysis
When running Essent's price analysis, check to measure Essent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essent is operating at the current time. Most of Essent's value examination focuses on studying past and present price action to predict the probability of Essent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essent's price. Additionally, you may evaluate how the addition of Essent to your portfolios can decrease your overall portfolio volatility.
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Is Essent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Essent. If investors know Essent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Essent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.069 | Dividend Share 1.03 | Earnings Share 6.61 | Revenue Per Share 10.554 | Quarterly Revenue Growth 0.127 |
The market value of Essent Group is measured differently than its book value, which is the value of Essent that is recorded on the company's balance sheet. Investors also form their own opinion of Essent's value that differs from its market value or its book value, called intrinsic value, which is Essent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Essent's market value can be influenced by many factors that don't directly affect Essent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Essent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Essent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.