Vijay Bhasin - Essent Senior Vice President, Chief Risk Officer
| ESNT Stock | USD 54.17 0.02 0.04% |
President
Mr. Vijay Bhasin, Ph.D. is Senior Vice President and Chief Risk Officer of Essent Group, Ltd. Mr. Bhasin has significant mortgage finance industry expertise, including multiple senior management positions specializing in mortgage risk. From 2006 to 2008, Mr. Bhasin served as a managing director of Countrywide Financial Corporation and Bank of America, with responsibility for economic capital assessment, asset liability management, counterparty credit risk measurement and structured credit analytics. Earlier in his career, Mr. Bhasin held management positions with the Federal Home Loan Mortgage Corporation, including serving as vice president overseeing development and implementation of a variety of mortgage credit and prepayment models. He has also held research positions with the Federal National Mortgage Association and the Board of Governors of the Federal Reserve System since 2009.
| Age | 59 |
| Tenure | 15 years |
| Professional Marks | MBA |
| Address | Clarendon House, Hamilton, Bermuda |
| Phone | 441 297 9901 |
| Web | https://www.essentgroup.com |
Latest Insider Transactions
Bhasin holds a BS in mechanical engineering from the National Institute of Technology, Kurukshetra, India, an MBA in finance and marketing from Southern Illinois University, and a PhD in finance from Indiana University, Bloomington.Essent Management Efficiency
The company has return on total asset (ROA) of 0.0882 % which means that it generated a profit of $0.0882 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1456 %, meaning that it created $0.1456 on every $100 dollars invested by stockholders. Essent's management efficiency ratios could be used to measure how well Essent manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.07 in 2024. Return On Capital Employed is likely to drop to 0.1 in 2024. Non Current Liabilities Total is likely to gain to about 1.1 B in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 3.3 B in 2024.Similar Executives
| Showing other executives | PRESIDENT Age | ||
| John Nelson | Employers Holdings | 55 | |
| Edward Hoffman | Radian Group | 50 | |
| Paula Maggio | MGIC Investment Corp | 55 | |
| J Hall | Radian Group | 51 | |
| Lori Brown | Employers Holdings | 58 | |
| William Fine | Investors Title | 57 | |
| Adam Pollitzer | NMI Holdings | 44 | |
| Robert Myron | James River Group | 49 | |
| Bryan Ware | Employers Holdings | N/A | |
| Derek Brummer | Radian Group | 53 | |
| Catherine Jackson | Radian Group | 54 | |
| Edward Chaplin | MBIA Inc | 58 | |
| Henry Lestage | AMERISAFE | 57 | |
| Nathaniel Colson | MGIC Investment Corp | 40 | |
| Robert Quigley | Radian Group | 51 | |
| John Swenson | NMI Holdings | N/A | |
| Adam Bergonzi | MBIA Inc | 61 | |
| Barbra McCrary | AMERISAFE | 49 | |
| Tracey Berg | Employers Holdings | 49 | |
| Richard Altman | Radian Group | 48 | |
| Richard Hallman | Employers Holdings | 50 | |
Management Performance
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0882 |
Essent Group Leadership Team
Elected by the shareholders, the Essent's board of directors comprises two types of representatives: Essent inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Essent. The board's role is to monitor Essent's management team and ensure that shareholders' interests are well served. Essent's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Essent's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Vijay Bhasin, Senior Vice President, Chief Risk Officer | ||
| Mark Casale, Chairman, CEO and President and Member of Plan Admin. Committee | ||
| Wei Ding, Senior Development | ||
| David Weinstock, Chief Accounting Officer, Vice President | ||
| Allan Levine, Independent Director | ||
| CPA McAlee, Special Advisor | ||
| Aditya Dutt, Independent Director | ||
| ARe ARm, President Ltd | ||
| Roy Kasmar, Independent Director | ||
| Joseph Hissong, Senior Vice President; President of Essent Reinsurance Ltd. | ||
| Angela Heise, Independent Director | ||
| Douglas Pauls, Independent Director | ||
| Robert Glanville, Independent Director | ||
| Adolfo Marzol, Executive VP | ||
| Paul Wollmann, Senior Vice President | ||
| Lawrence McAlee, Chief Financial Officer, Senior Vice President | ||
| Vipul Tandon, Independent Director | ||
| William Higgins, Senior Ventures | ||
| William Kaiser, Senior COO | ||
| Jane Chwick, Independent Director | ||
| Jeff Cashmer, Senior Vice President, Chief Business Officer of Essent Guaranty | ||
| Mary Gibbons, Senior Vice President, Chief Legal Officer and Assistant Secretary | ||
| Philip Stefano, Vice Relations | ||
| Theodore Gray, Senior Officer | ||
| Andrew Turnbull, Independent Director | ||
| William Spiegel, Lead Independent Director | ||
| Christopher Curran, Senior Vice President - Corporate Development |
Essent Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Essent a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0882 | ||||
| Profit Margin | 0.64 % | ||||
| Operating Margin | 0.74 % | ||||
| Current Valuation | 5.18 B | ||||
| Shares Outstanding | 106.75 M | ||||
| Shares Owned By Insiders | 3.17 % | ||||
| Shares Owned By Institutions | 95.77 % | ||||
| Number Of Shares Shorted | 1.04 M | ||||
| Price To Earning | 10.05 X |
Pair Trading with Essent
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Essent position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Essent will appreciate offsetting losses from the drop in the long position's value.Moving together with Essent Stock
| 0.82 | ACT | Enact Holdings Earnings Call This Week | PairCorr |
Moving against Essent Stock
| 0.5 | JRVR | James River Group Earnings Call This Week | PairCorr |
| 0.41 | PPHI | Positive Physicians | PairCorr |
The ability to find closely correlated positions to Essent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Essent when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Essent - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Essent Group to buy it.
The correlation of Essent is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Essent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Essent Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Essent can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |
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 0.199 | Dividend Share 1 | Earnings Share 6.5 | Revenue Per Share 10.215 | Quarterly Revenue Growth 0.242 |
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.