Latest news with #EssentGroup
Yahoo
a day ago
- Business
- Yahoo
Why Are Essent Group (ESNT) Shares Soaring Today
What Happened? Shares of mortgage insurance provider Essent Group (NYSE:ESNT) jumped 6.2% in the afternoon session after the company reported decent second-quarter results that saw earnings beat expectations while a key revenue component fell short. The mortgage insurance provider posted earnings per share of $1.93, comfortably surpassing analyst estimates of $1.71. Total revenue also edged past forecasts, coming in at $319.1 million against an expected $316.8 million. However, this positive news was tempered by a 1.2% year-over-year decline in net premiums earned, a core metric for insurers, which also missed Wall Street's consensus. Is now the time to buy Essent Group? Access our full analysis report here, it's free. What Is The Market Telling Us Essent Group's shares are not very volatile and have only had 2 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. Essent Group is up 11.4% since the beginning of the year, and at $60.68 per share, it is trading close to its 52-week high of $64.90 from October 2024. Investors who bought $1,000 worth of Essent Group's shares 5 years ago would now be looking at an investment worth $1,617. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Essent Group (ESNT) Reports Earnings Tomorrow: What To Expect
Mortgage insurance provider Essent Group (NYSE:ESNT) will be announcing earnings results this Friday before market hours. Here's what you need to know. Essent Group beat analysts' revenue expectations by 2.1% last quarter, reporting revenues of $317.6 million, up 6.4% year on year. It was a mixed quarter for the company, with net premiums earned in line with analysts' estimates but EPS in line with analysts' estimates. Is Essent Group a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Essent Group's revenue to grow 1.2% year on year to $316.8 million, slowing from the 20.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.71 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Essent Group has missed Wall Street's revenue estimates three times over the last two years. Looking at Essent Group's peers in the property & casualty insurance segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Root delivered year-on-year revenue growth of 32.4%, beating analysts' expectations by 7.5%, and Mercury General reported revenues up 13.2%, topping estimates by 2%. Mercury General's stock price was unchanged following the results. Read our full analysis of Root's results here and Mercury General's results here. Investors in the property & casualty insurance segment have had fairly steady hands going into earnings, with share prices down 1% on average over the last month. Essent Group is down 2.9% during the same time and is heading into earnings with an average analyst price target of $65 (compared to the current share price of $57.85). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
30-07-2025
- Business
- Yahoo
Essent Group (ESNT): Buy, Sell, or Hold Post Q1 Earnings?
Essent Group has been treading water for the past six months, recording a small loss of 4.2% while holding steady at $56.54. The stock also fell short of the S&P 500's 5% gain during that period. Is now the time to buy Essent Group, or should you be careful about including it in your portfolio? Get the full breakdown from our expert analysts, it's free. Why Is Essent Group Not Exciting? We're swiping left on Essent Group for now. Here are three reasons why you should be careful with ESNT and a stock we'd rather own. 1. Net Premiums Earned Points to Soft Demand While insurers generate revenue from multiple sources, investors view net premiums earned as the cornerstone - its direct link to core operations stands in sharp contrast to the unpredictability of investment returns and fees. Essent Group's net premiums earned has grown at a 4.2% annualized rate over the last five years, worse than the broader insurance industry and slower than its total revenue. 2. Deteriorating Pre-tax Profit Margin Revenue growth is one major determinant of business quality, and the efficiency of operations is another. For insurance companies, we look at pre-tax profit rather than the operating margin that defines sectors such as consumer, tech, and industrials. Insurance companies are balance sheet businesses, where assets and liabilities define the economics. Interest income and expense should therefore be factored into the definition of profit but taxes - which are largely out of a company's control - should not. This is pre-tax profit by definition. Over the last four years, Essent Group's pre-tax profit margin has risen by 17.7 percentage points, clocking in at 67.2% for the past 12 months. Said differently, the company's expenses have grown at a slower rate than revenue, which is always a positive sign. 3. EPS Barely Growing Analyzing the long-term change in earnings per share (EPS) shows whether a company's incremental sales were profitable – for example, revenue could be inflated through excessive spending on advertising and promotions. Essent Group's EPS grew at a weak 1.9% compounded annual growth rate over the last five years, lower than its 7.1% annualized revenue growth. This tells us the company became less profitable on a per-share basis as it expanded. Final Judgment Essent Group's business quality ultimately falls short of our standards. With its shares trailing the market in recent months, the stock trades at 0.9× forward P/B (or $56.54 per share). This valuation multiple is fair, but we don't have much faith in the company. We're fairly confident there are better stocks to buy right now. Let us point you toward a top digital advertising platform riding the creator economy. High-Quality Stocks for All Market Conditions Donald Trump's April 2024 "Liberation Day" tariffs sent markets into a tailspin, but stocks have since rebounded strongly, proving that knee-jerk reactions often create the best buying opportunities. The smart money is already positioning for the next leg up. Don't miss out on the recovery - check out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
18-07-2025
- Business
- Yahoo
Essent Group Ltd. Schedules Second Quarter Earnings Conference Call for August 8, 2025
HAMILTON, Bermuda, July 18, 2025--(BUSINESS WIRE)--Essent Group Ltd. (NYSE: ESNT) today announced that it will hold a conference call on Friday, August 8, 2025, at 10:00 a.m. Eastern Time to discuss the Company's second quarter 2025 results, which will be announced prior to the market open on the same day. The conference call will be broadcast live over the Internet at The call may also be accessed by dialing 888-330-2384 inside the U.S., or 240-789-2701 for international callers, using passcode 9824537 or by referencing Essent. A replay of the webcast will be available on the Essent website approximately two hours after the live broadcast ends for a period of one year. A replay of the conference call will be available approximately two hours after the call ends for a period of two weeks, using the following dial-in numbers and passcode: 800-770-2030 inside the U.S., or 647-362-9199 for international callers, passcode 9824537. In addition to the information provided in the Company's earnings news release, other statistical and financial information, which may be referred to during the conference call, will be available on Essent's website at About the Company Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company (collectively with its subsidiaries, "Essent") offering private mortgage insurance, reinsurance, and title insurance and settlement services to serve the housing finance industry. Additional information regarding Essent may be found at Source: Essent Group Ltd. View source version on Contacts Media Contact 610.230.0556media@ Investor Relations Contact Philip StefanoVice President, Investor Relations855-809-ESNTir@ Inicia sesión para acceder a tu cartera de valores
Yahoo
09-07-2025
- Business
- Yahoo
Why Essent Group (ESNT) is a Great Dividend Stock Right Now
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Based in Hamilton, Essent Group (ESNT) is in the Finance sector, and so far this year, shares have seen a price change of 9.39%. Currently paying a dividend of $0.31 per share, the company has a dividend yield of 2.08%. In comparison, the Insurance - Property and Casualty industry's yield is 0.58%, while the S&P 500's yield is 1.53%. Looking at dividend growth, the company's current annualized dividend of $1.24 is up 10.7% from last year. Over the last 5 years, Essent Group has increased its dividend 5 times on a year-over-year basis for an average annual increase of 16.21%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Essent Group's current payout ratio is 18%, meaning it paid out 18% of its trailing 12-month EPS as dividend. Looking at this fiscal year, ESNT expects solid earnings growth. The Zacks Consensus Estimate for 2025 is $6.87 per share, representing a year-over-year earnings growth rate of 0.29%. Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. But, not every company offers a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, ESNT presents a compelling investment opportunity; it's not only an attractive dividend play, but the stock also boasts a strong Zacks Rank of #2 (Buy). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Essent Group Ltd. (ESNT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
