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.
News
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Essent Group Ltd. Announces Closing of $363.4 Million Reinsurance Transaction and Related Mortgage Insurance-Linked Notes
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Essent Group Ltd. Comments on Updates to Private Mortgage Insurer Eligibility Requirements
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KBW analysts recommend these 11 financial stocks after the market sell-off
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Essent Group Ltd. Announces Second Quarter 2024 Results and Declares Quarterly Dividend
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Essent Group Ltd. Schedules Second Quarter Earnings Conference Call for August 2, 2024
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Essent Group Ltd. Closes $500 Million Senior Unsecured Notes Offering and $500 Million Unsecured Revolving Credit Facility
Trading Information
- Previous Close Price
- $63.26
- Day Range
- $63.59–64.51
- 52-Week Range
- $45.63–65.34
- Bid/Ask
- $63.67 / $64.63
- Market Cap
- $6.82 Bil
- Volume/Avg
- 333,367 / 464,928
Key Statistics
- Price/Earnings (Normalized)
- 9.07
- Price/Sales
- 5.61
- Dividend Yield (Trailing)
- 1.72%
- Dividend Yield (Forward)
- 1.77%
- Total Yield
- 2.55%
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
- 528
- Website
- https://ir.essentgroup.com
Comparables
Valuation
|
Metric
|
ESNT
|
AGO
|
NMIH
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.07 | 6.41 | 9.56 |
Price/Book Value | 1.25 | 0.77 | 1.60 |
Price/Sales | 5.61 | 5.36 | 5.47 |
Price/Cash Flow | 7.97 | 503.82 | 7.00 |
Price/Earnings
ESNT
AGO
NMIH
Financial Strength
|
Metric
|
ESNT
|
AGO
|
NMIH
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 28.46 | 7.90 | 12.47 |
Quick Ratio
No chart available
Profitability
|
Metric
|
ESNT
|
AGO
|
NMIH
|
|---|---|---|---|
Return on Assets (Normalized) | 11.93% | 5.62% | 12.21% |
Return on Equity (Normalized) | 15.01% | 13.45% | 18.65% |
Return on Invested Capital (Normalized) | 14.35% | 11.45% | 16.71% |
Return on Assets
ESNT
AGO
NMIH
Insurance - Specialty Industry Comparables
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1-Day Chart
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United States