YOLFTbeta
Essent Group Ltd

Essent Group Ltd

ESNT · NYSE · Financial Services / Insurance - Specialty

64.58USD-0.31 (-0.48%)

Price History

Full chart

Market Stats

Previous Close64.89
Open65.33
Day Range64.32 – 65.33
52-Week Range55.06 – 71.84
Volume348.60K
Market Cap5.63B
P/E (TTM)8.66
Forward P/E7.77
EPS7.32
Dividend Yield2.21%
Beta0.69
50-Day Avg65.57
200-Day Avg63.08

About

Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance, and title insurance and settlement services to mortgage lenders, borrowers, and investors in the United States. It operates through two segments, Mortgage Insurance and Reinsurance. The company's mortgage insurance products include primary, pool, and master policy. It also provides information technology maintenance and development services; customer support-related services; underwriting consulting services to third-party reinsurers; and contract underwriting services, as well as credit risk management products. In addition, the company offers title insurance and settlement services; and title insurance underwriting services. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. Essent Group Ltd. was founded in 2008 and is headquartered in Hamilton, Bermuda.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Specialty
  • CEOMr. Mark Anthony Casale
  • Employees518
  • HeadquartersClarendon House, Hamilton, Bermuda, HM11, USA
  • Websitehttps://ir.essentgroup.com

Leadership

  • Mr. Mark Anthony CasaleFounder, Chairman, CEO & President · b. 1965
  • Mr. David Bruce WeinstockCFO & Senior VP · b. 1966
  • Ms. Mary Lourdes Gibbons J.D.Senior VP, Chief Legal Officer & Assistant Secretary · b. 1962
  • Mr. Vijay Bhasin Ph.D.Chief Risk Officer & Senior VP · b. 1965
  • Mr. Christopher G. CurranPresident of Essent Guaranty, Inc.
  • Theodore GraySenior VP & Chief Information Officer
  • Mr. Philip Michael StefanoVice President of Investor Relations
  • Mr. Wei DingSenior Vice President of Corporate Development
  • Mr. Paul C. Wollmann ARe, ARm, C.P.C.U., M.B.A.President & Chief Underwriting Officer of Essent Reinsurance Ltd · b. 1967
  • Mr. William P. HigginsPresident of Essent Title Insurance Inc

Financials

Income Statement

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue6.30M14.39M48.72M131.40M239.47M353.29M458.26M576.51M719.35M867.57M955.15M1.03B1.02B1.13B1.27B1.26B
Growth (%)-+128.38%+238.59%+169.73%+82.24%+47.53%+29.71%+25.80%+24.78%+20.60%+10.10%+7.68%-0.99%+11.07%+12.03%-0.49%
Cost of Revenue-35.12M47.30M2.32M6.31M112.99M130.85M27.23M11.57M32.99M301.29M31.06M-174.70M31.54M81.22M149.34M
Gross Profit6.30M14.39M48.72M129.08M233.16M353.29M458.26M549.28M707.78M834.58M653.86M997.45M1.19B1.10B1.19B1.11B
Gross Margin100.00%100.00%100.00%98.23%97.37%100.00%100.00%95.28%98.39%96.20%68.46%96.98%117.16%97.21%93.59%88.16%
Operating Expense33.93M48.84M62.59M71.06M97.23M124.89M146.38M150.71M161.08M175.52M163.76M175.14M204.85M276.54M330.44M289.74M
Operating Income-27.63M-34.45M-13.88M58.03M135.93M228.40M311.88M398.57M546.70M659.06M490.10M822.31M988.19M823.00M855.49M821.86M
Operating Margin-438.54%-239.44%-28.48%44.16%56.76%64.65%68.06%69.13%76.00%75.97%51.31%79.95%97.04%72.76%67.51%65.18%
EBITDA-27.63M-34.45M-13.88M60.28M138.39M231.62M316.37M407.67M560.28M672.98M502.50M833.98M1.01B857.66M896.59M859.79M
EBITDA Margin-438.54%-239.44%-28.48%45.87%57.79%65.56%69.04%70.71%77.89%77.57%52.61%81.09%98.87%75.83%70.76%68.19%
Net Income-27.57M-33.55M-13.54M65.41M88.50M157.33M222.61M379.75M467.36M555.71M413.04M681.78M831.35M696.39M729.40M689.97M
Net Income Margin-437.68%-233.22%-27.80%49.78%36.96%44.53%48.58%65.87%64.97%64.05%43.24%66.29%81.64%61.57%57.56%54.72%
R&D----00000-------
R&D as % of Total Revenue----0.00%0.00%0.00%0.00%0.00%-------
Interest Expense000000426.00K5.18M10.18M10.15M9.07M8.28M15.61M30.14M35.32M32.70M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.09%0.90%1.42%1.17%0.95%0.81%1.53%2.66%2.79%2.59%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-210.07M283.33M853.97M1.18B1.47B1.88B2.67B3.15B3.87B5.20B5.72B5.72B6.43B7.11B7.44B
Total Liabilities-34.01M64.21M131.83M225.72M349.86M539.23M733.93M784.25M888.58M1.34B1.49B1.26B1.32B1.51B1.68B
Total Equity-176.06M219.12M722.14M955.74M1.12B1.34B1.94B2.37B2.98B3.86B4.24B4.46B5.10B5.60B5.76B
Cash-18.50M22.32M477.65M24.41M24.61M27.53M43.52M64.95M71.35M102.83M81.49M81.24M141.79M131.48M123.05M
Total Debt------100.00M248.59M223.66M224.24M321.72M419.82M420.86M421.92M493.96M495.30M
Net Debt--18.50M-22.32M-477.65M-24.41M-24.61M72.47M205.07M158.72M152.89M218.89M338.33M339.62M280.13M362.48M372.25M

Cash Flow

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-21.73M-8.24M36.64M119.01M153.70M224.14M273.48M368.57M625.32M589.85M727.93M709.26M588.82M763.00M861.53M856.05M
Investing Cash Flow17.16M-9.15M-79.73M-96.76M-727.70M-220.71M-365.32M-690.14M-546.90M-545.08M-1.15B-583.17M-398.87M-525.57M-706.93M-154.74M
Financing Cash Flow6.83M20.39M46.90M433.09M120.75M-3.23M94.77M337.56M-56.99M-38.37M457.97M-147.43M-190.20M-176.88M-164.91M-709.75M
Capital Expenditure2.06M1.27M2.70M2.67M3.89M4.96M3.16M2.78M4.05M3.41M2.45M2.50M3.98M4.00M6.77M7.36M
Free Cash Flow-23.79M-9.51M33.94M116.34M149.81M219.18M270.31M365.79M621.27M586.44M725.49M706.76M584.84M759.00M854.77M848.69M
Dividends Paid1.77M---0029.35M200.00M29.35M29.35M69.41M77.72M92.13M106.22M118.04M122.07M
FCF to OCF109.47%115.35%92.63%97.76%97.47%97.79%98.84%99.24%99.35%99.42%99.66%99.65%99.32%99.48%99.21%99.14%
Dividend Paid to FCF-7.44%---0.00%0.00%10.86%54.68%4.72%5.00%9.57%11.00%15.75%13.99%13.81%14.38%

Earnings

Report DateNov 27, 2013Feb 19, 2014May 8, 2014Aug 8, 2014Nov 6, 2014Feb 13, 2015May 8, 2015Aug 7, 2015Nov 5, 2015Feb 12, 2016May 5, 2016Aug 4, 2016Nov 4, 2016Feb 10, 2017May 5, 2017Aug 4, 2017Nov 9, 2017Feb 9, 2018May 4, 2018Aug 3, 2018Nov 9, 2018Feb 8, 2019May 3, 2019Aug 2, 2019Nov 8, 2019Feb 14, 2020May 8, 2020Aug 7, 2020Nov 6, 2020Feb 19, 2021May 7, 2021Aug 6, 2021Nov 5, 2021Feb 11, 2022May 6, 2022Aug 5, 2022Nov 4, 2022Feb 10, 2023May 5, 2023Aug 4, 2023Nov 2, 2023Feb 9, 2024May 3, 2024Aug 2, 2024Nov 1, 2024Feb 14, 2025May 9, 2025Aug 8, 2025Nov 7, 2025Feb 13, 2026May 8, 2026Aug 7, 2026Nov 6, 2026
EPS Estimate-0.220.180.210.260.310.350.390.430.470.490.530.580.630.690.700.770.801.031.061.141.191.261.311.381.431.370.390.951.221.211.261.351.401.471.511.511.491.441.491.561.591.591.681.741.651.651.711.771.741.751.771.88
EPS Actual0.180.220.180.230.290.330.380.410.440.480.520.570.650.680.720.770.820.791.131.141.181.311.301.391.471.491.520.151.111.101.211.421.471.552.522.161.661.371.591.611.661.641.701.911.651.581.691.931.671.601.822.081.82
Surprise-0.00%0.00%9.52%11.54%6.45%8.57%5.13%2.33%2.13%6.12%7.55%12.07%7.94%4.35%10.00%6.49%-1.25%9.71%7.55%3.51%10.08%3.17%6.11%6.52%4.20%10.95%-61.54%16.84%-9.84%0.00%12.70%8.89%10.71%71.43%43.05%9.93%-8.05%10.42%8.05%6.41%3.14%6.92%13.69%-5.17%-4.24%2.42%12.87%-5.65%-8.05%4.00%17.51%-3.19%
Timing-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap5.63B
Enterprise Value6.12B
Trailing P/E8.66
Forward P/E7.77
PEG Ratio0.84
Price / Sales4.06
Price / Book1.01
EPS7.32
Book Value62.58
Revenue (TTM)1.39B
Gross Profit (TTM)1.01B
EBITDA858.74M
Profit Margin49.08%
Operating Margin55.38%
Return on Equity12.04%
Return on Assets7.15%
Shares Outstanding88.77M
Shares Float84.79M
Beta0.69
Dividend Yield2.21%
Dividend Rate1.40
Payout Ratio19.13%

Analyst Ratings

Buy
Based on 9 analystsTarget 72.13
  • Strong Buy
    2
  • Buy
    1
  • Hold
    6

Ownership Breakdown

Institutions
97.91%
Insiders
5.50%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    12.43M13.83%
  • Vanguard Portfolio Management, LLC
    7.58M8.43%
  • Dimensional Fund Advisors, Inc.
    5.48M6.10%
  • Capital World Investors
    4.54M5.05%
  • Vanguard Capital Management, LLC
    3.99M4.44%
  • State Street Corp
    3.91M4.35%
  • FMR Inc
    2.92M3.24%
  • Geode Capital Management, LLC
    2.85M3.17%
  • NORGES BANK
    2.65M2.95%
  • American Century Companies Inc
    2.65M2.94%
  • Polar Capital Holdings PLC
    2.38M2.65%

Top Fund Holders

  • American Funds SMALLCAP World A
    4.75M5.29%
  • iShares Core S&P Mid-Cap ETF
    3.23M3.59%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.70M3.00%
  • Avantis US Small Cap Value ETF
    2.68M2.98%
  • Polar Capital Global Ins A Inc
    2.30M2.56%
  • iShares Russell 2000 ETF
    2.23M2.48%
  • Vanguard Equity-Income Inv
    2.06M2.29%
  • Vanguard Small Cap Index
    1.92M2.14%
  • DFA U.S. Small Cap Value I
    1.70M1.89%

Dividends

20263×
0.35Aug 31, 20260.35Jun 1, 20260.35Mar 13, 2026
20254×
0.31Dec 1, 20250.31Aug 29, 20250.31May 30, 20250.31Mar 14, 2025
20244×
0.28Dec 2, 20240.28Aug 30, 20240.28May 31, 20240.28Mar 12, 2024
20234×
0.25Nov 30, 20230.25Aug 31, 20230.25May 31, 20230.25Mar 9, 2023
20224×
0.23Nov 30, 20220.22Aug 31, 20220.21May 31, 20220.20Mar 9, 2022
20214×
0.19Nov 30, 20210.18Aug 31, 20210.17May 28, 20210.16Mar 9, 2021
20201×
0.16Nov 30, 2020