Essent Stock Quote Today

ESNT
 Stock
  

USD 35.51  0.23  0.65%   

Market Performance
0 of 100
Odds Of Distress
Less than 9
Essent is selling for under 35.51 as of the 29th of September 2022; that is 0.65 percent up since the beginning of the trading day. The stock's last reported lowest price was 34.33. Essent has less than a 9 % chance of experiencing financial distress in 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 30th of August 2022 and ending today, the 29th of September 2022. Click here to learn more.
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 110.43 M outstanding shares of which 1.65 M shares are currently shorted by private and institutional investors with about 3.02 trading days to cover. More on Essent Group

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Essent Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Essent's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Essent or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Essent Group generated a negative expected return over the last 90 days
Over 98.0% of the company shares are held by institutions such as insurance companies
On 12th of September 2022 Essent paid $ 0.22 per share dividend to its current shareholders
Latest headline from www.marketscreener.com: Acquisition by Karna Anu of tradable shares of Essent subject to Rule 16b-3
ChairmanMark Casale
Average Analyst Recommendation
Analysts covering Essent report their recommendations after researching Essent's financial statements, talking to executives and customers, or listening in on Essent's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Essent Group. The Essent consensus assessment is calculated by taking the average forecast from all of the analysts covering Essent.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Essent's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Essent Group (ESNT) is traded on New York Stock Exchange in USA and employs 347 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 3.98 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 these looking for more risk prefer small-cap and mid-cap equities. Essent Group conducts business under Financial Services sector and is part of Insurance—Specialty industry. The entity has 110.43 M outstanding shares of which 1.65 M shares are currently shorted by private and institutional investors with about 3.02 trading days to cover. Essent Group currently holds about 721.21 M in cash with 702.11 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.7.
Check Essent Probability Of Bankruptcy
Ownership
Essent holds a total of one hundred ten million four hundred thirty thousand 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 about to change at the company. Also note that almost one million one hundred four thousand three hundred invesors are currently shorting Essent expressing very little confidence in its future performance.

Ownership Allocation (%)

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Essent Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Essent jumping above the current price in 90 days from now is about 99.0%. The Essent Group probability density function shows the probability of Essent stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Essent has a beta of 0.9679 suggesting Essent Group market returns are related to returns on the market. As the market goes up or down, Essent is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Essent Group is significantly underperforming DOW.
  Odds Below 35.51HorizonTargetOdds Above 35.51
1.45%90 days
 35.51 
98.53%
Based on a normal probability distribution, the odds of Essent to move above the current price in 90 days from now is about 99.0 (This Essent Group probability density function shows the probability of Essent Stock to fall within a particular range of prices over 90 days) .

Essent Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Essent that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Essent's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Essent's value.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares14.6 M568 M
Vanguard Group IncCommon Shares10.9 M424 M
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Essent Group Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Essent market risk premium is the additional return an investor will receive from holding Essent long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Essent. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Essent's alpha and beta are two of the key measurements used to evaluate Essent's performance over the market, the standard measures of volatility play an important role as well.

Essent Stock Against Markets

Picking the right benchmark for Essent stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Essent stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Essent is critical whether you are bullish or bearish towards Essent Group at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Essent without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Essent Corporate Directors

Essent corporate directors refer to members of an Essent board of directors. The board of directors generally takes responsibility for the Essent's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Essent's board members must vote for the resolution. The Essent board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Vipul Tandon - Independent DirectorProfile
Allan Levine - Independent DirectorProfile
Jane Chwick - Independent DirectorProfile
Aditya Dutt - Independent DirectorProfile

Invested in Essent Group?

The danger of trading Essent Group is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Essent is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Essent. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Essent Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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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.
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 Essent value 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.