Essent Group Stock Today

ESNT Stock  USD 57.74  0.01  0.02%   

Performance

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Odds Of Distress

Less than 6

 
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Essent is selling for under 57.74 as of the 28th of November 2024; that is 0.02 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 57.71. Essent has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Essent Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
31st of October 2013
Classification
Financials
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. The company has 106.21 M outstanding shares of which 1.48 M shares are currently shorted by private and institutional investors with about 1.81 trading days to cover. More on Essent Group

Moving together with Essent Stock

  0.89ACT Enact HoldingsPairCorr

Moving against Essent Stock

  0.86AMSF AMERISAFEPairCorr
  0.8HIPO Hippo HoldingsPairCorr
  0.79V Visa Class APairCorr
  0.79DIST Distoken AcquisitionPairCorr
  0.76TIPT TiptreePairCorr
  0.73EIG Employers HoldingsPairCorr

Essent Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanMark Casale
Thematic IdeaInsurance (View all Themes)
Business ConcentrationCommercial & Residential Mortgage Finance, Insurance - Specialty, Financial Services, NYSE Composite, SP Midcap 400, Insurance, Financials, Financial Services, Insurance—Specialty, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.150.1688
Fairly Down
Slightly volatile
Gross Profit Margin0.590.8205
Way Down
Slightly volatile
Total Current Liabilities372.3 M500.3 M
Way Down
Slightly volatile
Non Current Liabilities Total896.2 M853.5 M
Sufficiently Up
Slightly volatile
Total Assets3.3 B6.4 B
Way Down
Slightly volatile
Total Current Assets194.8 M205.1 M
Notably Down
Slightly volatile
Debt Levels
Essent can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Essent's financial leverage. It provides some insight into what part of Essent's total assets is financed by creditors.
Liquidity
Essent Group currently holds 421.92 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. Note, when we think about Essent's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

42.69 Million
Essent Group (ESNT) is traded on New York Stock Exchange in USA. It is located in Clarendon House, Hamilton, Bermuda and employs 602 people. Essent is listed under Commercial & Residential Mortgage Finance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.13 B. Essent Group conducts business under Financial Services sector and is part of Financials industry. The entity has 106.21 M outstanding shares of which 1.48 M shares are currently shorted by private and institutional investors with about 1.81 trading days to cover. Essent Group currently holds about 433.48 M in cash with 763 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.03.
Check Essent Probability Of Bankruptcy
Ownership Allocation
Essent holds a total of 106.21 Million outstanding shares. The majority of Essent Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Essent Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Essent. Please pay attention to any change in the institutional holdings of Essent Group as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Essent Ownership Details

Essent Stock Institutional Holders

InstituionRecorded OnShares
Amvescap Plc.2024-06-30
1.8 M
Morgan Stanley - Brokerage Accounts2024-06-30
1.6 M
Charles Schwab Investment Management Inc2024-09-30
1.6 M
Cooke & Bieler Lp2024-09-30
1.5 M
Ameriprise Financial Inc2024-06-30
1.5 M
Northern Trust Corp2024-09-30
1.3 M
Norges Bank2024-06-30
1.3 M
Principal Financial Group Inc2024-09-30
1.1 M
First Trust Advisors L.p.2024-06-30
993 K
Blackrock Inc2024-06-30
12.8 M
Vanguard Group Inc2024-09-30
11.9 M
View Essent Diagnostics

Essent Historical Income Statement

At this time, Essent's Interest Expense is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 149.2 M in 2024, whereas Total Revenue is likely to drop slightly above 581.4 M in 2024. View More Fundamentals

Essent Stock Against Markets

Essent Corporate Directors

Allan LevineIndependent DirectorProfile
Jane ChwickIndependent DirectorProfile
Aditya DuttIndependent DirectorProfile
Roy KasmarIndependent DirectorProfile

Additional 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.