|Bid||0.00 x 800|
|Ask||48.38 x 1000|
|Day's Range||48.19 - 48.94|
|52 Week Range||31.08 - 52.03|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||9.33|
|Earnings Date||Nov 7, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||0.60 (1.25%)|
|1y Target Est||57.59|
Strong looking breakout on Sept. 20 for Essent Group but in weak markets you have to be more careful. Today saw a drop below the 50-day moving average line. We often like to wait for the end of the week to act but that's usually when we have cushion. For Essent, if you bought over 50 on the day it broke out you were probably looking at a 7% to 8% loss. That rule trumps all.
Stock indexes reversed lower Friday afternoon, as the market for a second straight day seemed unable to hold early advances. The S&P; 500 today and other indexes fell sharply at 1:15 p.m. ET.
A broader market rally that stretched from Wednesday afternoon into Thursday morning was, in the end, nothing more than the high end of "more sideways." Trading volume dwindled at both of New York's major exchanges. Speaking to individuals whom I consider to be smart people on Thursday afternoon down at the trading floor of the New York Stock Exchange, I heard those two opinions argued in precisely that manner. In recent days here at Market Recon, we have profiled with mixed results several names that appeared poised to at least approach pivot and possibly break out, such as Microsoft Corp. , Northrop Grumman Corp. and ZTO Express Inc. .
Essent Group, featured in today's IBD 50 Stocks To Watch, could benefit from the Fed's rate cut. The leading growth stock is also close to a buy point.
Essent Group Ltd. (NYSE:ESNT), operating in the financial services industry based in Bermuda, saw significant share...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Essent Guaranty, Inc. New York, August 20, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Essent Guaranty, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you're interested in Essent Group Ltd. (NYSE:ESNT), then you might want to consider its beta (a measure of share...
Essent Group Ltd. (ESNT) announced today that its wholly owned subsidiary, Essent Guaranty, Inc., has obtained $333.8 million of fully collateralized excess of loss reinsurance coverage on mortgage insurance policies written by Essent in 2015 and 2016 from Radnor Re 2019-2 Ltd., a newly formed Bermuda special purpose insurer. Radnor Re 2019-2 Ltd. is not a subsidiary or an affiliate of Essent Group Ltd.
Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won't accept your savings unless you commit at least $5 million) by pinpointing […]
Involvement in strategic growth initiatives and efforts to diversify sources of revenues bode well for LendingTree (TREE). However, rising costs pose a concern.
Investors seeking financial stocks that can outperform amid the market's crosscurrents in 2019 might consider eight financial services companies in industries such as exchanges, property insurance, alternative asset management, and mortgages. While banks are currently rebounding in the latest rally, their profits are likely to be pressured by an inverted yield curve that will squeeze earnings.