Essent Group Stock Analysis

Essent Stock Analysis Notes

About 96.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.12. Some equities with similar Price to Book (P/B) outperform the market in the long run. Essent Group has Price/Earnings To Growth (PEG) ratio of 0.84. The entity recorded earning per share (EPS) of 6.5. The firm last dividend was issued on the 12th of March 2024. 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. It employs 349 people. To learn more about Essent Group call Mark Casale at 441 297 9901 or check out https://www.essentgroup.com.

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Essent Thematic Classifications

Essent Stock Institutional Investors

Note, although Essent's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Essent Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.73 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 Profitablity

The company has Profit Margin (PM) of 0.64 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.74 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.74.

Management Efficiency

Essent Group 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.

Technical Drivers

As of the 16th of April 2024, Essent shows the Mean Deviation of 1.09, downside deviation of 1.47, and Coefficient Of Variation of 6419.86. Essent Group technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Essent Group, which can be compared to its peers. Please confirm Essent Group variance and potential upside to decide if Essent Group is priced favorably, providing market reflects its regular price of 53.28 per share. Given that Essent has jensen alpha of (0.06), we urge you to verify Essent Group's prevailing market performance to make sure the company can sustain itself at a future point.

Essent Group Price Movement Analysis

Essent Group Insider Trading Activities

Essent Predictive Daily Indicators

Essent Corporate Filings

Essent Forecast Models

Essent's time-series forecasting models are one of many Essent's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Essent's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Essent prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Essent shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Essent. By using and applying Essent Stock analysis, traders can create a robust methodology for identifying Essent entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Essent analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Essent analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Essent Group stock analysis indicators help investors evaluate how Essent stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Essent shares will generate the highest return on investment. By understating and applying Essent stock analysis, traders can identify Essent position entry and exit signals to maximize returns.

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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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.

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.

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.