Essent Group Stock Analysis
ESNT Stock | USD 53.91 0.45 0.84% |
Essent Group is fairly valued with Real Value of 55.92 and Target Price of 57.13. The main objective of Essent stock analysis is to determine its intrinsic value, which is an estimate of what Essent Group is worth, separate from its market price. There are two main types of Essent's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Essent's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Essent's stock to identify patterns and trends that may indicate its future price movements.
The Essent stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Essent is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Essent Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Essent's ongoing operational relationships across important fundamental and technical indicators.
Essent |
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.Essent Quarterly Total Revenue |
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Essent Group Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Essent's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Essent Group or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Essent Group generated a negative expected return over the last 90 days | |
Essent Group has a poor financial position based on the latest SEC disclosures | |
Over 96.0% of the company shares are held by institutions such as insurance companies | |
On 22nd of March 2024 Essent paid $ 0.28 per share dividend to its current shareholders | |
Latest headline from zacks.com: Why Essent Group is Poised to Beat Earnings Estimates Again |
Essent Group Upcoming and Recent Events
Earnings reports are used by Essent to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Essent previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
9th of February 2024 Upcoming Quarterly Report | View | |
3rd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
9th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Essent Largest EPS Surprises
Earnings surprises can significantly impact Essent's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2014-02-19 | 2013-12-31 | 0.2 | 0.22 | 0.02 | 10 | ||
2014-11-06 | 2014-09-30 | 0.26 | 0.29 | 0.03 | 11 | ||
2016-11-04 | 2016-09-30 | 0.59 | 0.65 | 0.06 | 10 |
Essent Thematic Classifications
In addition to having Essent stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
InsuranceUSA Equities from Insurance industry as classified by Fama & French |
Essent Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Essent is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Essent Group backward and forwards among themselves. Essent's institutional investor refers to the entity that pools money to purchase Essent's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Bank Of New York Mellon Corp | 2.1 M | Capital Research Global Investors | 2023-12-31 | 1.7 M | Amvescap Plc. | 2023-12-31 | 1.7 M | Northern Trust Corp | 2023-12-31 | 1.5 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.5 M | Ameriprise Financial Inc | 2023-12-31 | 1.3 M | Norges Bank | 2023-12-31 | 1.2 M | Goldman Sachs Group Inc | 2023-12-31 | 1.2 M | Principal Financial Group Inc | 2023-12-31 | 1.1 M | Blackrock Inc | 2023-12-31 | 13.2 M | Vanguard Group Inc | 2023-12-31 | 11.5 M |
Essent Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.71 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
Essent's profitability indicators refer to fundamental financial ratios that showcase Essent's ability to generate income relative to its revenue or operating costs. If, let's say, Essent is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Essent's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Essent's profitability requires more research than a typical breakdown of Essent's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
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. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.11 | 0.07 | |
Return On Capital Employed | 0.17 | 0.1 | |
Return On Assets | 0.11 | 0.06 | |
Return On Equity | 0.14 | 0.09 |
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.Last Reported | Projected for Next Year | ||
Book Value Per Share | 48.04 | 50.44 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 48.04 | 50.44 | |
Enterprise Value Over EBITDA | 1.3 K | 1.4 K | |
Price Book Value Ratio | 1.10 | 2.08 | |
Enterprise Value Multiple | 1.3 K | 1.4 K | |
Price Fair Value | 1.10 | 2.08 | |
Enterprise Value | 0.00 | 0.00 |
The analysis of Essent's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Essent's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Essent Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.021 | Forward Dividend Yield 0.021 | Forward Dividend Rate 1.12 | Beta 1.029 |
Technical Drivers
As of the 23rd of April, Essent shows the Coefficient Of Variation of 3921.82, mean deviation of 1.1, and Downside Deviation of 1.46. 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 53.91 per share. Given that Essent has jensen alpha of (0.08), 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
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Essent middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Essent Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Essent Group Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Essent insiders, such as employees or executives, is commonly permitted as long as it does not rely on Essent's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Essent insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Essent Predictive Daily Indicators
Essent intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Essent stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 5751.89 | |||
Daily Balance Of Power | 0.5 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 53.68 | |||
Day Typical Price | 53.76 | |||
Price Action Indicator | 0.45 | |||
Period Momentum Indicator | 0.45 |
Essent Corporate Filings
29th of March 2024 Other Reports | ViewVerify | |
F4 | 26th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 5th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
ASR | 22nd of February 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
10K | 16th of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 9th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 7th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 23rd of January 2024 An amended filing to the original Schedule 13G | ViewVerify |
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.About Essent Stock Analysis
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.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.75 | 0.79 | |
Operating Profit Margin | 0.95 | 0.99 | |
Net Profit Margin | 0.64 | 0.67 | |
Gross Profit Margin | 0.82 | 0.59 |
Current Essent Analysis - Recommendations
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.
Target Price | Advice | # of Analysts | |
57.13 | Buy | 10 | Odds |
Most Essent analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Essent stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Essent Group, talking to its executives and customers, or listening to Essent conference calls.
Essent Stock Analysis Indicators
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.
Begin Period Cash Flow | 81.2 M | |
Common Stock Shares Outstanding | 107.1 M | |
Total Stockholder Equity | 5.1 B | |
Tax Provision | 126.6 M | |
Quarterly Earnings Growth Y O Y | 0.199 | |
Property Plant And Equipment Net | 41.3 M | |
Cash And Short Term Investments | 5.4 B | |
Cash | 141.8 M | |
Net Debt | 318.1 M | |
50 Day M A | 54.7222 | |
Total Current Liabilities | 366.5 M | |
Other Operating Expenses | 275.7 M | |
Non Current Assets Total | 4 B | |
Forward Price Earnings | 8.0386 | |
Non Currrent Assets Other | 3.6 B | |
Stock Based Compensation | 18.4 M |
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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |
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.