Mark Casale - Essent Chairman

ESNT Stock  USD 59.51  0.47  0.80%   

Chairman

Mr. Mark A. Casale is Chairman of the Board, President, Chief Executive Officer of the Company. He is our founder and has served as our Chief Executive Officer and as a member of our board of directors since 2008, including as its Chairman since 2013. Mr. Casale has more than 25 years of financial services management experience, with senior roles in the areas of mortgage banking, mortgage insurance, bond insurance and capital markets. From 2001 to 2007, Mr. Casale held various senior management positions with Radian Group Inc., including most recently serving as the president of its mortgage insurance subsidiary, Radian Guaranty Inc. Prior to that, Mr. Casale oversaw capital markets and strategic investments for Radian and managed its joint venture businesses. Mr. Casale also held various management positions with Advanta Corporationration, a financial services company, including serving as its senior vice president of corporate finance services. Mr. Casale holds a BS in accounting from St. Joseph University and an MBA in finance from New York University. Mr. Casale current serves on the Board of Trustees of St. Joseph University. since 2013.
Age 58
Tenure 11 years
Professional MarksMBA
Address Clarendon House, Hamilton, Bermuda
Phone441 297 9901
Webhttps://www.essentgroup.com
Casale holds a BS in accounting from St. Joseph University and an MBA in finance from New York University.

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 Capital Employed is likely to drop to 0.1 in 2024. Return On Assets is likely to drop to 0.06 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.
The company currently holds 459.9 M in liabilities with Debt to Equity (D/E) ratio of 0.1, which may suggest the company is not taking enough advantage from borrowing. Essent Group has a current ratio of 1.84, which is within standard range for the sector. Debt can assist Essent until it has trouble settling it off, either with new capital or with free cash flow. So, Essent's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Essent Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Essent to invest in growth at high rates of return. When we think about Essent's use of debt, we should always consider it together with cash and equity.

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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. Essent Group (ESNT) is traded on New York Stock Exchange in USA. It is located in Clarendon House, Hamilton, Bermuda and employs 536 people. Essent is listed under Thrifts & Mortgage Finance category by Fama And French industry classification.

Management Performance

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.

Essent Investors Sentiment

The influence of Essent's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Essent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Essent's public news can be used to forecast risks associated with an investment in Essent. The trend in average sentiment can be used to explain how an investor holding Essent can time the market purely based on public headlines and social activities around Essent Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Essent's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Essent's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Essent's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Essent.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Essent in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Essent's short interest history, or implied volatility extrapolated from Essent options trading.

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

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Moving against Essent Stock

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  0.42AMBC Ambac Financial Group Financial Report 14th of May 2024 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.
Pair CorrelationCorrelation Matching
When determining whether Essent Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Essent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Essent Group Stock. Highlighted below are key reports to facilitate an investment decision about Essent Group Stock:
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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.
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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.