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Essent Group Ltd. (ESNT)

NYSE - Nasdaq Real Time Price. Currency in USD
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47.54+0.09 (+0.19%)
As of 3:04PM EDT. Market open.
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  • M
    Mothra
    Only negative out there causing today's drop is Barclay lowered its target price to $64........They are Bullish.

    The way I see it:
    Refinancing is drying up so people are NOT getting out of their pmi with that maneuver as Rates go up some here.......That's a Big plus since New home sales are staying strong due to supply/demand.
  • c
    charles
    My next Pure Earnings play is going to be ESNT. Later today I will be Covering my TRIP Short Sell play, hopefully in the Green, and immediately jumping into ESNT. This one looks very good to deliver a strong and solid ER, and to go up in price as an immediate response. This stock looks the best for Thursday AH/Friday PM, and so I am going with it. Because Pure Earnings is a game of odds, it makes logical sense to try to find the single play that looks best, most likely to succeed, and going with that play. Although of course this is a subjective determination, and no matter how good the odds may be, there is always a significant chance the play will not go your way.

    Here is my short-style analysis of ESNT:

    ESNT: Very likely to beat on both EPS and Revenue consensus estimates. Excellent earnings history. Absolutely perfect revenue growth history. Smallish but very good stock price reactions to ER's. Safe and attractive sector, no foreign exposure and healthy business trends for as long as USA economy stays strong. Analysts bullish with good upside potential on PT's. Company has EXCELLENT financials on all primary parameters upon a detailed analysis. Company is SIGNIFICANTLY UNDERVALUED at current stock price, based upon a comprehensive analysis. I see excellent 3-6% upside potential here, with very limited downside risk. I am willing to sacrifice some upside potential on this date, in exchange for the better risk/reward ratio this play offers.

    Market is closed on Monday, so later today I will be analyzing all available Pure Earnings plays for Tuesday PM. At first glance, nothing is really grabbing my attention. WMT looks too over-valued right now, for my tastes. Gotta dig deeper to try to find my Gem. :-)

    Best Wishes to All!
    Bullish
  • S
    Steven
    Forward PE sitting at 7.5, even at 52 W high.
  • c
    charles
    Still Long 1500 shares of ESNT at $51.95. Decided I didn't want to take this loss on Friday. so hanging in through the long weekend and will see what happens on Tuesday. Therefore, no FLR Short Sell play for me for Tuesday PM. If I could have gotten out of ESNT with even a little profit, I would definitely have Shorted FLR, that play is still looking really good to me, but it doesn't hurt to wait one more day with ESNT, and then definitely closing the position on Tuesday and doing Tuesday AH/Wed PM as my next Pure Earnings play.

    Good Luck to All! :-)
    Bullish
  • p
    princegorge
    ESNT dropped 10% today after they issued 11 million shares of stock a 10% increase on 98 million shares and an equal amount of dilution of share value. In one fell swoop the company devalued out stock by 10% and the price duly reflects that. Thank you management
  • J
    Jim
    Investors Business Daily has Essent rated 99 Composite; 94 Relative Strength and 99 EPS with an A- Accumulation/Distribution rating, indicating strong institutional buying. You don’t get much better than that.
  • B
    Brian
    Beat. This is a solid stock. Has been consolidated for a while now, but maybe this’ll provide jolt to get ESNT moving up and to the right.
    Bullish
  • s
    stevemont64
    This is a company that is under valued and patience will pay
  • c
    charles
    Went Long 1500 shares of ESNT at $51.95 a few hours ago. Stock is looking very good as far as delivering a fine ER tomorrow PM, and then going up nicely in share price. But of course nobody knows if that will actually happen. None of us are psychic. But my research and analysis showed me that this play offered the best odds, the best chance, for success and for a decent upside pop, at least 4% and hopefully 7+%, to make the risk of the trade worthwhile. That is my choice and my conclusion, that the risk I am taking is outweighed by the likelihood of a significant reward. Your mileage should vary, so I suggest you do your own Due Diligence on all trades you choose to make. :-)

    Best Wishes to All!
    Bullish
  • P
    P
    Accepted to s&p midcap 400. I don't know enough about whether that can have a dramatic impact on a stock, but it seems to have spurred the after hrs gain
  • P
    P
    This has really taken off after Ivy Zellman's recommendation. Not sure how much that has had to do with the stock's rise, but she thankfully inspired me to buy. Good start, at least
  • 8
    808
    I got in at $51 today. The fundamentals look strong and growing like a weed. Should be interesting to see if they start giving mortgages to everyone and there mother just like pre 2008. Either way Essent is going higher into 2020.
  • C
    Christopher
    Very surprised to see this pps. So I added. Look at their financials and long-term chart!
  • B
    Brian
    After an initial drop, this came back strong. Has done fantastic the last month. Hoping the momentum keeps up; I see no reason why it wouldn’t.
    Bullish
  • B
    Brian
    ESNT gets little to no attention, but this is a good stock, folks.
    Bullish
  • A
    ABC
    It’s a beat
  • c
    charles
    Sold ESNT at $49.40 for an unfortunate loss of just over $3.8k. Immediately jumped into DVN at $22.23, Long 3200 shares. Stock popped up quite nicely immediately after its ER, but has since pulled back. I'm staying in until at least noontime ET tomorrow. DVN beat very nicely on EPS, but missed rather badly on Revenue consensus estimates. A mixed ER, but I sure hope traders and investors choose to focus on the positive aspects tomorrow, because I need a winning play. :-)

    Best Wishes to All! :-)
    Neutral
  • A
    Anonymous
    CEO buys 50,000 shares on offering. Wow.
  • F
    Freddy
    What's going on? I can't find any news about ESNT.
  • D
    DOGE LIGHTNING
    I promise you on my grandmothers grave. This is heading up. Look at the revenue charts. Look at the profit charts. Look at the market cap to annual revenue ratio. This has only one place to go and its up.