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Essent Group Ltd ESNT

Morningstar Rating
$53.46 +0.79 (1.50%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ESNT is trading at a 8% discount.
Price
$52.92
Fair Value
$37.35
Uncertainty
High
1-Star Price
$23.64
5-Star Price
$72.84
Economic Moat
Fvlx
Capital Allocation
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News

Trading Information

Previous Close Price
$52.67
Day Range
$52.6953.49
52-Week Range
$40.3359.90
Bid/Ask
$52.95 / $53.86
Market Cap
$5.71 Bil
Volume/Avg
534,602 / 552,373

Key Statistics

Price/Earnings (Normalized)
8.05
Price/Sales
5.03
Dividend Yield (Trailing)
1.96%
Dividend Yield (Forward)
2.13%
Total Yield
3.21%

Company Profile

Essent Group Ltd serves the housing finance industry by providing private mortgage insurance, reinsurance, risk management products and title insurance and settlement services to mortgage lenders, borrowers, and investors to support homeownership. It provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.
Sector
Financial Services
Industry
Insurance - Specialty
Stock Style Box
Small Value
Total Number of Employees
536

Comparables

Valuation

Metric
ESNT
AGO
ACT
Price/Earnings (Normalized)
8.057.007.16
Price/Book Value
1.100.751.01
Price/Sales
5.034.394.14
Price/Cash Flow
7.567.466.88
Price/Earnings
ESNT
AGO
ACT

Financial Strength

Metric
ESNT
AGO
ACT
Quick Ratio
Current Ratio
Interest Coverage
28.318.4217.42
Quick Ratio
No chart available

Profitability

Metric
ESNT
AGO
ACT
Return on Assets (Normalized)
11.81%4.32%11.40%
Return on Equity (Normalized)
14.99%12.22%15.47%
Return on Invested Capital (Normalized)
14.26%10.35%14.01%
Return on Assets
ESNT
AGO
ACT
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Insurance - Specialty Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
FNF
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AIZ
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MDBPF
Medibank Private LtdNpsrd$6.5 Bil
RYAN
Ryan Specialty Holdings Inc Class AMfknz$6.0 Bil
FAF
First American Financial CorpStbgbqpzCmjgs$5.7 Bil
BZLYF
Beazley PLCPfvpjf$5.5 Bil
MTG
MGIC Investment CorpZtxcbbnkpPpbv$5.3 Bil
AXS
Axis Capital Holdings LtdBtnss$5.2 Bil
ACT
Enact Holdings IncTqxb$4.7 Bil

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