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Essent Group Ltd. (ESNT)

NYSE - Nasdaq Real Time Price. Currency in USD
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43.08+1.85 (+4.49%)
As of 12:51PM EST. Market open.
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Previous Close41.23
Open42.13
Bid43.02 x 900
Ask43.12 x 800
Day's Range42.04 - 43.21
52 Week Range17.52 - 49.53
Volume505,087
Avg. Volume779,593
Market Cap4.843B
Beta (5Y Monthly)1.29
PE Ratio (TTM)11.10
EPS (TTM)3.88
Earnings DateMay 06, 2021 - May 10, 2021
Forward Dividend & Yield0.64 (1.55%)
Ex-Dividend DateMar 09, 2021
1y Target Est55.64
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
79% Est. Return
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  • Did You Miss Essent Group's (NYSE:ESNT) Impressive 125% Share Price Gain?
    Simply Wall St.

    Did You Miss Essent Group's (NYSE:ESNT) Impressive 125% Share Price Gain?

    When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...

  • Essent Group Misses 4Q Earnings Estimates; Street Stays Bullish
    SmarterAnalyst

    Essent Group Misses 4Q Earnings Estimates; Street Stays Bullish

    Essent Group Ltd. reported lower-than-expected fourth-quarter results. However, shares of the private mortgage insurance services provider closed 1.9% higher on Friday as its CEO, Mark A. Casale, remains optimistic about 2021. Casale said, “During 2020, we were also pleased with housing’s resilience, which remains the bright spot in the economy entering 2021 as supply-demand imbalances and favorable first-time home buying trends persist which are positive for our franchise.” Essent Group (ESNT) reported adjusted earnings of $1.10 per share in the fourth quarter, which missed analysts’ estimates of $1.22 per share and declined 26.2% year-over-year. Its revenues of $247.2 million grew 8.1% year-over-year but lagged the consensus estimates of $252.1 million. The company’s net premiums earned rose 7% year-over-year, while premiums written grew 9% over the same period. Combined ratio (percentage of premiums paid out as claims and expenses) increased to 44.5% in the fourth quarter from 25.1% in the prior-year period. Essent’s policies-in-force at the end of the quarter were 21.3% higher than in the year-ago period. (See Essent Group stock analysis on TipRanks) On Jan. 19, J.P. Morgan analyst Richard Shane downgraded Essent Group to Hold from Buy, as the analyst is "increasingly cautious" on the mortgage sector. In a note to investors, Shane said that a rise in interest rates might hurt volume and margins amid stiff competition. Meanwhile, Shane raised the stock’s price target to $52 (17.6% upside potential) from $50, as he is "increasingly constructive" on consumer finance in 2021. Overall, the rest of the Street has a bullish outlook on the stock, with a Strong Buy consensus rating based on 4 Buys and 1 Hold. The average analyst price target of $56 implies upside potential of about 27% from current levels. Shares have declined by about 9% over the past year. Related News:Progressive’s Profit Soars 82% in January; Street Says HoldHumana Ramps Up Dividend By 12%; Street Sees 26% UpsideApplied Materials Posts Blowout Quarter; Shares Gain 5% More recent articles from Smarter Analyst: AG Mortgage Spikes 18% After 4Q Sales Crush Estimates eHealth Spikes 6.3% After Hudson Executive Shores Up Stake To 5.8% Novavax Inks Gavi Supply Agreement For 1.1B COVID-19 Vaccine Doses Motosport Snaps Up KartKraft; Street Sees 41% Upside

  • Essent Group Ltd (ESNT) Q4 2020 Earnings Call Transcript
    Motley Fool

    Essent Group Ltd (ESNT) Q4 2020 Earnings Call Transcript

    Image source: The Motley Fool. Essent Group Ltd (NYSE: ESNT)Q4 2020 Earnings CallFeb 19, 2021, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorThank you for standing by and welcome to the Essent Group Ltd.