Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.33
ESNT's Cash to Debt is ranked lower than
81% of the 1627 Companies
in the Global Specialty Finance industry.

( Industry Median: 2.02 vs. ESNT: 0.33 )
Ranked among companies with meaningful Cash to Debt only.
ESNT' s Cash to Debt Range Over the Past 10 Years
Min: 0.33  Med: No Debt Max: No Debt
Current: 0.33
Equity to Asset 0.72
ESNT's Equity to Asset is ranked higher than
97% of the 1649 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.10 vs. ESNT: 0.72 )
Ranked among companies with meaningful Equity to Asset only.
ESNT' s Equity to Asset Range Over the Past 10 Years
Min: 0.72  Med: 0.77 Max: 0.85
Current: 0.72
0.72
0.85
Interest Coverage N/A
ESNT's Interest Coverage is ranked higher than
95% of the 1751 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.64 vs. ESNT: N/A )
Ranked among companies with meaningful Interest Coverage only.
ESNT' s Interest Coverage Range Over the Past 10 Years
Min: N/A  Med: No Debt Max: No Debt
Current: N/A
N/A
No Debt
F-Score: 4
WACC vs ROIC
10.39%
19.24%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
Operating margin (%) 67.13
ESNT's Operating margin (%) is ranked higher than
96% of the 1672 Companies
in the Global Specialty Finance industry.

( Industry Median: 30.82 vs. ESNT: 67.13 )
Ranked among companies with meaningful Operating margin (%) only.
ESNT' s Operating margin (%) Range Over the Past 10 Years
Min: -438.54  Med: 7.84 Max: 67.13
Current: 67.13
-438.54
67.13
Net-margin (%) 47.61
ESNT's Net-margin (%) is ranked higher than
91% of the 1670 Companies
in the Global Specialty Finance industry.

( Industry Median: 22.17 vs. ESNT: 47.61 )
Ranked among companies with meaningful Net-margin (%) only.
ESNT' s Net-margin (%) Range Over the Past 10 Years
Min: -437.68  Med: 4.58 Max: 49.78
Current: 47.61
-437.68
49.78
ROE (%) 17.22
ESNT's ROE (%) is ranked higher than
87% of the 1670 Companies
in the Global Specialty Finance industry.

( Industry Median: 8.38 vs. ESNT: 17.22 )
Ranked among companies with meaningful ROE (%) only.
ESNT' s ROE (%) Range Over the Past 10 Years
Min: -38.12  Med: 2.7 Max: 17.22
Current: 17.22
-38.12
17.22
ROA (%) 12.90
ESNT's ROA (%) is ranked higher than
99% of the 1678 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.89 vs. ESNT: 12.90 )
Ranked among companies with meaningful ROA (%) only.
ESNT' s ROA (%) Range Over the Past 10 Years
Min: -31.95  Med: 8.7 Max: 12.9
Current: 12.9
-31.95
12.9
Revenue Growth (3Y)(%) 44.90
ESNT's Revenue Growth (3Y)(%) is ranked higher than
98% of the 1368 Companies
in the Global Specialty Finance industry.

( Industry Median: 3.20 vs. ESNT: 44.90 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
ESNT' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: 0 Max: 44.9
Current: 44.9
0
44.9
EBITDA Growth (3Y)(%) 324.50
ESNT's EBITDA Growth (3Y)(%) is ranked higher than
100% of the 1251 Companies
in the Global Specialty Finance industry.

( Industry Median: 5.80 vs. ESNT: 324.50 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
ESNT' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: 0 Max: 324.5
Current: 324.5
0
324.5
» ESNT's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q4 2015

ESNT Guru Trades in Q4 2015

Jerome Dodson 800,000 sh (New)
Louis Moore Bacon 50,000 sh (New)
Joel Greenblatt 10,543 sh (New)
Paul Tudor Jones 17,076 sh (+101.46%)
Jim Simons 311,400 sh (+37.91%)
Ron Baron 1,515,950 sh (-2.59%)
RS Investment Management 2,685,763 sh (-14.17%)
George Soros 1,481,278 sh (-50.31%)
» More
Q1 2016

ESNT Guru Trades in Q1 2016

Jeremy Grantham 191,500 sh (New)
Signature Select Canadian Fund 111,400 sh (New)
Jim Simons 610,200 sh (+95.95%)
Joel Greenblatt 12,195 sh (+15.67%)
RS Investment Management 2,689,712 sh (+0.15%)
Jerome Dodson 800,000 sh (unchged)
George Soros 1,481,278 sh (unchged)
Louis Moore Bacon Sold Out
Ron Baron Sold Out
Paul Tudor Jones Sold Out
» More
Q2 2016

ESNT Guru Trades in Q2 2016

Jeremy Grantham 387,961 sh (+102.59%)
Jim Simons 666,800 sh (+9.28%)
Jerome Dodson 800,000 sh (unchged)
George Soros 1,481,278 sh (unchged)
Joel Greenblatt 10,015 sh (-17.88%)
RS Investment Management 2,109,600 sh (-21.57%)
» More
Q3 2016

ESNT Guru Trades in Q3 2016

Ron Baron 604,274 sh (New)
Paul Tudor Jones 14,848 sh (New)
Jim Simons 841,200 sh (+26.15%)
Joel Greenblatt 10,271 sh (+2.56%)
George Soros Sold Out
Jeremy Grantham 290,789 sh (-25.05%)
Jerome Dodson 550,000 sh (-31.25%)
» More
» Details

Insider Trades

Latest Guru Trades with ESNT

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Banks » Specialty Finance
Compare:NYSE:HTH, OTCPK:FMCC, OTCPK:FNMA, NAS:TREE, OTCPK:FNLIF, NYSE:HTGC, NYSE:WD, NYSE:GSBD, OTCPK:EQGPF, NYSE:OCN, NYSE:EFC, NYSE:SC, NYSE:PFSI, NYSE:AI, NAS:ATAX, NAS:MRLN, NAS:MRCC, AMEX:IMH, NYSE:WAC, NAS:OXLC » details
Traded in other countries:EG0.Germany,
Essent Group Ltd provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage in the event of a default.

Essent Group Ltd was organized as a limited liability company under the laws of Bermuda on July 1, 2008. The Company is a private mortgage insurance company. The Company provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage in the event of a default. In doing so, it provides private capital to mitigate mortgage credit risk, allowing lenders to make additional mortgage financing available to prospective homeowners. The Company's products and services include Mortgage Insurance, Master Policy and Clarity of Coverage Endorsement, Contract Underwriting, and Triad Services. The Mortgage Insurance includes two principal types of private mortgage insurance, primary and pool. Primary Mortgage Insurance and Pool Insurance. Primary mortgage insurance provides protection on individual loans at specified coverage percentages. Primary mortgage insurance is typically offered to customers on individual loans at the time of origination on a flow basis. Substantially all of its policies are primary mortgage insurance. Pool insurance is typically used to provide additional credit enhancement for certain secondary market mortgage transactions. Pool insurance generally covers the excess of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage, if such loan has primary coverage, as well as the total loss on a defaulted mortgage loan that did not have primary coverage. The master policy sets forth the general terms and conditions of its mortgage insurance coverage, including loan eligibility requirements, coverage term, policy administration, payment processing, and exclusions or reductions in coverage. Mortgage insurance master policies generally protect mortgage insurers from the risk of material misrepresentations and fraud in the origination of an insured loan through remedies including the right to rescind coverage. Contract Underwriting includes assessing whether data provided by the customer relating to a mortgage application complies with the customer's loan underwriting guidelines. These services are provided for loans that require private mortgage insurance, as well as for loans that do not require private mortgage insurance. Triad Services include retaining the obligation for all risks insured under its existing insurance contracts and will continue to directly manage loss mitigation and claim activity on its insured business. Its customers consist of originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions and other lenders. The Company's competitors include CMG Mortgage Insurance Company, Genworth Financial Inc., Mortgage Guaranty Insurance Corporation, National Mortgage Insurance Corporation, Radian Guaranty Inc. and United Guaranty Corporation. The Company is subject to comprehensive, detailed regulation by Federal regulators and state insurance departments.

Guru Investment Theses on Essent Group Ltd

Jerome Dodson Comments on Essent Group - Nov 01, 2016

Mortgage-insurer Essent Group (NYSE:ESNT) gained 22.0% from $21.81 to $26.61, contributing 53 basis points to the Fund’s return. The stock rallied, as the company reported a 20% increase in new insurance written and a 40% surge in earnings per share. This growth was generated by low interest rates, which caused a pick-up in mortgage originations, and a healthy housing market, which helped loan losses decline.

From Jerome Dodson (Trades, Portfolio)'s Parnassus Fund third-quarter 2016 commentary.

Check out Jerome Dodson latest stock trades

Top Ranked Articles about Essent Group Ltd

Jerome Dodson Comments on Essent Group Guru stock highlight
Mortgage-insurer Essent Group (NYSE:ESNT) gained 22.0% from $21.81 to $26.61, contributing 53 basis points to the Fund’s return. The stock rallied, as the company reported a 20% increase in new insurance written and a 40% surge in earnings per share. This growth was generated by low interest rates, which caused a pick-up in mortgage originations, and a healthy housing market, which helped loan losses decline. Read more...
Jerome Dodson Trims Essent Group Company is close to its 3-year high in price
Guru Jerome Dodson (Trades, Portfolio) reduced his stake in the Essent Group (NYSE:ESNT), removing 250,000 shares from his portfolio at an average price of $25.34 per share during the third quarter. Dodson purchased his initial stake in the Essent Group during the fourth quarter of 2015. Since then, the company’s market price has gained an estimated 13%. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 13.98
ESNT's P/E(ttm) is ranked lower than
52% of the 2008 Companies
in the Global Specialty Finance industry.

( Industry Median: 13.10 vs. ESNT: 13.98 )
Ranked among companies with meaningful P/E(ttm) only.
ESNT' s P/E(ttm) Range Over the Past 10 Years
Min: 9.97  Med: 17.53 Max: 1053
Current: 13.98
9.97
1053
Forward P/E 11.47
ESNT's Forward P/E is ranked higher than
66% of the 561 Companies
in the Global Specialty Finance industry.

( Industry Median: 12.92 vs. ESNT: 11.47 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 13.98
ESNT's PE(NRI) is ranked higher than
55% of the 1604 Companies
in the Global Specialty Finance industry.

( Industry Median: 13.85 vs. ESNT: 13.98 )
Ranked among companies with meaningful PE(NRI) only.
ESNT' s PE(NRI) Range Over the Past 10 Years
Min: 9.97  Med: 17.53 Max: 1053
Current: 13.98
9.97
1053
P/B 2.24
ESNT's P/B is ranked lower than
86% of the 1990 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.11 vs. ESNT: 2.24 )
Ranked among companies with meaningful P/B only.
ESNT' s P/B Range Over the Past 10 Years
Min: 1.42  Med: 2.28 Max: 3.01
Current: 2.24
1.42
3.01
P/S 6.68
ESNT's P/S is ranked lower than
87% of the 2055 Companies
in the Global Specialty Finance industry.

( Industry Median: 3.18 vs. ESNT: 6.68 )
Ranked among companies with meaningful P/S only.
ESNT' s P/S Range Over the Past 10 Years
Min: 4.42  Med: 5.71 Max: 9.14
Current: 6.68
4.42
9.14
PFCF 11.02
ESNT's PFCF is ranked higher than
52% of the 982 Companies
in the Global Specialty Finance industry.

( Industry Median: 10.99 vs. ESNT: 11.02 )
Ranked among companies with meaningful PFCF only.
ESNT' s PFCF Range Over the Past 10 Years
Min: 6.22  Med: 8.7 Max: 14.62
Current: 11.02
6.22
14.62
POCF 10.86
ESNT's POCF is ranked lower than
53% of the 1130 Companies
in the Global Specialty Finance industry.

( Industry Median: 9.66 vs. ESNT: 10.86 )
Ranked among companies with meaningful POCF only.
ESNT' s POCF Range Over the Past 10 Years
Min: 6.08  Med: 8.52 Max: 14.25
Current: 10.86
6.08
14.25
EV-to-EBIT 9.81
ESNT's EV-to-EBIT is ranked higher than
58% of the 1615 Companies
in the Global Specialty Finance industry.

( Industry Median: 11.02 vs. ESNT: 9.81 )
Ranked among companies with meaningful EV-to-EBIT only.
ESNT' s EV-to-EBIT Range Over the Past 10 Years
Min: -1.8  Med: 11.4 Max: 23.4
Current: 9.81
-1.8
23.4
EV-to-EBITDA 9.69
ESNT's EV-to-EBITDA is ranked higher than
55% of the 1612 Companies
in the Global Specialty Finance industry.

( Industry Median: 10.08 vs. ESNT: 9.69 )
Ranked among companies with meaningful EV-to-EBITDA only.
ESNT' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1.7  Med: 11.2 Max: 22.7
Current: 9.69
-1.7
22.7

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -34.10
ESNT's 3-Year Average Share Buyback Ratio is ranked lower than
94% of the 1057 Companies
in the Global Specialty Finance industry.

( Industry Median: -1.90 vs. ESNT: -34.10 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
ESNT' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -34.1  Med: 0 Max: 0
Current: -34.1
-34.1
0

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.25
ESNT's Price/Tangible Book is ranked lower than
81% of the 2002 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.19 vs. ESNT: 2.25 )
Ranked among companies with meaningful Price/Tangible Book only.
ESNT' s Price/Tangible Book Range Over the Past 10 Years
Min: 1.63  Med: 2.24 Max: 2.88
Current: 2.25
1.63
2.88
Price/Median PS Value 1.19
ESNT's Price/Median PS Value is ranked lower than
55% of the 1898 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.09 vs. ESNT: 1.19 )
Ranked among companies with meaningful Price/Median PS Value only.
ESNT' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.87  Med: 1 Max: 1.6
Current: 1.19
0.87
1.6
Price/Graham Number 1.19
ESNT's Price/Graham Number is ranked lower than
67% of the 1743 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.88 vs. ESNT: 1.19 )
Ranked among companies with meaningful Price/Graham Number only.
ESNT' s Price/Graham Number Range Over the Past 10 Years
Min: 0.88  Med: 1.31 Max: 10.05
Current: 1.19
0.88
10.05
Earnings Yield (Greenblatt) (%) 10.20
ESNT's Earnings Yield (Greenblatt) (%) is ranked higher than
69% of the 2188 Companies
in the Global Specialty Finance industry.

( Industry Median: 6.00 vs. ESNT: 10.20 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
ESNT' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 4.3  Med: 7.9 Max: 15.6
Current: 10.2
4.3
15.6

More Statistics

Revenue (TTM) (Mil) $429.4
EPS (TTM) $ 2.23
Beta1.07
Short Percentage of Float2.51%
52-Week Range $16.49 - 31.50
Shares Outstanding (Mil)93.11

Analyst Estimate

Dec16 Dec17
Revenue (Mil $) 453 521
EPS ($) 2.38 2.73
EPS w/o NRI ($) 2.38 2.73
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
Dividends Per Share ($)
» More Articles for ESNT

Headlines

Articles On GuruFocus.com
Jerome Dodson Comments on Essent Group Nov 01 2016 
Jerome Dodson Trims Essent Group Oct 19 2016 
Insider Buys and Sells of the Week Jul 10 2016 
Kyle Bass Thinks that a Nonbank Mortgage Servicer Is More Effective than Banks Mar 17 2014 
Baron Funds Comments on Essent Group Ltd. Feb 24 2014 
Bearish George Soros' 5 New Large Positions of Quarter Four Feb 20 2014 

More From Other Websites
Is Essent Group (ESNT) a Great Growth Stock? Dec 01 2016
Essent Group Ltd. CEO to Present at the J.P. Morgan 2016 FinTech & Specialty Finance Forum Nov 23 2016
Essent Group (ESNT): Strong Industry, Solid Earnings Estimate Revisions Nov 14 2016
ESSENT GROUP LTD. Financials Nov 10 2016
ETF’s with exposure to Essent Group Ltd. : November 10, 2016 Nov 10 2016
Is Essent Group (ESNT) a Great Growth Stock? Nov 10 2016
Essent Group Ltd. :ESNT-US: Earnings Analysis: Q3, 2016 By the Numbers : November 9, 2016 Nov 09 2016
Ocwen Financial to Lay Off 54 Employees in Fort Washington Nov 09 2016
Stocks Eke Out Gains; Small Caps Lead; Big Quarter Lifts Stamps.com Nov 04 2016
Q3 2016 Essent Group Ltd Earnings Release - Before Market Open Nov 04 2016
Essent Group Ltd. Reports Third Quarter 2016 Results Nov 04 2016
Essent Group beats 3Q profit forecasts Nov 04 2016
Essent Group beats 3Q profit forecasts Nov 04 2016
ESSENT GROUP LTD. Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Nov 04 2016
Essent Group Ltd. Reports Third Quarter 2016 Results Nov 04 2016
Finance Stocks' Q3 Earnings to Watch Next: ESNT and LTS Nov 03 2016
Jerome Dodson Comments on Essent Group Nov 01 2016
Can This Top Mortgage Insurance Stock Find Shelter From The Storm? Oct 28 2016
Essent Group Ltd. breached its 50 day moving average in a Bearish Manner : ESNT-US : October 28,... Oct 28 2016
Can This IBD 50 Stock Insure Itself Against A Struggling Market? Oct 27 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)