Essent Group Ltd

Company Profile

Essent Group Ltd had its IPO on 2013-10-31 under the ticker symbol ESNT.

The company operates in the Financial Services sector and Insurance-Specialty industry. Essent Group Ltd has a staff strength of 337 employees.

Stock update

Shares of Essent Group Ltd opened at $49.62 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $49.59 - $50, and closed at $49.72.

This is a +0.34% increase from the previous day's closing price.

A total volume of 298,670 shares were traded at the close of the day’s session.

In the last one week, shares of Essent Group Ltd have slipped by -2.05%.

Essent Group Ltd's Key Ratios

Essent Group Ltd has a market cap of $4.83 billion, indicating a price to book ratio of 0.9466 and a price to sales ratio of 3.993.

In the last 12-months Essent Group Ltd’s revenue was $992.46 million with a gross profit of $1.12 billion and an EBITDA of $887.72 million. The EBITDA ratio measures Essent Group Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Essent Group Ltd’s operating margin was 89.15% while its return on assets stood at 9.6% with a return of equity of 16.43%.

In Q1, Essent Group Ltd’s quarterly earnings growth was a negative -36.9% while revenue growth was a negative 3.2%.

Essent Group Ltd’s PE and PEG Ratio

Forward PE

6.0386

Trailing PE

6.6303

PEG

0.84

Its diluted EPS in the last 12-months stands at $6.79 per share while it has a forward price to earnings multiple of 6.0386 and a PEG multiple of 0.84. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Essent Group Ltd’s profitability.

Essent Group Ltd stock is trading at a EV to sales ratio of 4.5124 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.993.

Essent Group Ltd stock pays annual dividends of $0.91 per share, indicating a yield of 2.22% and a payout ratio of 14.01%.

Balance sheet and cash flow metrics

Total Assets

$5.93 billion

Total Liabilities

$418.46 million

Operating Cash Flow

$-149342000.00

Capital Expenditure

$390000

Dividend Payout Ratio

14.01%

Essent Group Ltd ended 2024 with $5.93 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.93 billion while shareholder equity stood at $4.65 billion.

Essent Group Ltd ended 2024 with $383.12 million in deferred long-term liabilities, $418.46 million in other current liabilities, 1615000.00 in common stock, $3.64 billion in retained earnings and $0 in goodwill. Its cash balance stood at $68.63 million and cash and short-term investments were $5.02 billion. The company’s total short-term debt was $421,128,000 while long-term debt stood at $0.

Essent Group Ltd’s total current assets stands at $477.67 million while long-term investments were $4.95 billion and short-term investments were $4.95 billion. Its net receivables were $61.28 million compared to accounts payable of $100.77 million and inventory worth $0.

In 2024, Essent Group Ltd's operating cash flow was $-149342000.00 while its capital expenditure stood at $390000.

Comparatively, Essent Group Ltd paid $0.14 in dividends in 2024.

Other key metrics

Current Trading Price

$49.72

52-Week High

$46.46

52-Week Low

$33.6842

Analyst Target Price

$48.56

Essent Group Ltd stock is currently trading at $49.72 per share. It touched a 52-week high of $46.46 and a 52-week low of $46.46. Analysts tracking the stock have a 12-month average target price of $48.56.

Its 50-day moving average was $49.57 and 200-day moving average was $43.28 The short ratio stood at 4.32 indicating a short percent outstanding of 0%.

Around 304.5% of the company’s stock are held by insiders while 9564.6% are held by institutions.