Essent Group Ltd ESNT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Essent Group Ltd. Prices $500 Million Senior Unsecured Notes Offering
-
Essent Announces Enhanced Integration with PMI Rate Pro to Support EssentEDGE Pricing
-
Essent Group Ltd. Announces First Quarter 2024 Results and Declares Quarterly Dividend
-
Essent Group Ltd. Schedules First Quarter Earnings Conference Call for May 3, 2024
Trading Information
- Previous Close Price
- $55.93
- Day Range
- $55.40–55.97
- 52-Week Range
- $44.96–59.90
- Bid/Ask
- $54.88 / $55.83
- Market Cap
- $5.91 Bil
- Volume/Avg
- 332,964 / 478,776
Key Statistics
- Price/Earnings (Normalized)
- 8.31
- Price/Sales
- 5.10
- Dividend Yield (Trailing)
- 1.91%
- Dividend Yield (Forward)
- 2.02%
- Total Yield
- 2.98%
Company Profile
Essent Group Ltd serves the housing finance industry by providing private mortgage insurance, reinsurance, risk management products and title insurance and settlement services to mortgage lenders, borrowers, and investors to support homeownership. It provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.
- Sector
- Financial Services
- Industry
- Insurance - Specialty
- Stock Style Box
- Small Value
- Total Number of Employees
- 526
- Website
- https://ir.essentgroup.com
Comparables
Valuation
|
Metric
|
ESNT
|
AGO
|
NMIH
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.31 | 6.49 | 8.41 |
Price/Book Value | 1.13 | 0.75 | 1.38 |
Price/Sales | 5.10 | 4.34 | 4.72 |
Price/Cash Flow | 7.85 | 58.45 | 6.13 |
Price/Earnings
ESNT
AGO
NMIH
Financial Strength
|
Metric
|
ESNT
|
AGO
|
NMIH
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 27.90 | 8.52 | 14.38 |
Quick Ratio
No chart available
Profitability
|
Metric
|
ESNT
|
AGO
|
NMIH
|
|---|---|---|---|
Return on Assets (Normalized) | 11.68% | 4.93% | 12.00% |
Return on Equity (Normalized) | 14.77% | 12.79% | 18.40% |
Return on Invested Capital (Normalized) | 14.10% | 10.89% | 16.24% |
Return on Assets
ESNT
AGO
NMIH
Insurance - Specialty Industry Comparables
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1-Day Chart
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