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 : 7/10

vs
industry
vs
history
Cash-to-Debt 0.16
ESNT's Cash-to-Debt is ranked lower than
90% of the 1645 Companies
in the Global Specialty Finance industry.

( Industry Median: 2.48 vs. ESNT: 0.16 )
Ranked among companies with meaningful Cash-to-Debt only.
ESNT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16  Med: No Debt Max: No Debt
Current: 0.16
Equity-to-Asset 0.71
ESNT's Equity-to-Asset is ranked higher than
98% of the 1610 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.10 vs. ESNT: 0.71 )
Ranked among companies with meaningful Equity-to-Asset only.
ESNT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71  Med: 0.77 Max: 0.85
Current: 0.71
0.71
0.85
Interest Coverage 462.83
ESNT's Interest Coverage is ranked higher than
94% of the 1690 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.68 vs. ESNT: 462.83 )
Ranked among companies with meaningful Interest Coverage only.
ESNT' s Interest Coverage Range Over the Past 10 Years
Min: 462.83  Med: No Debt Max: No Debt
Current: 462.83
WACC vs ROIC
10.26%
19.92%
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 % 68.56
ESNT's Operating Margin % is ranked higher than
95% of the 1651 Companies
in the Global Specialty Finance industry.

( Industry Median: 31.66 vs. ESNT: 68.56 )
Ranked among companies with meaningful Operating Margin % only.
ESNT' s Operating Margin % Range Over the Past 10 Years
Min: -438.54  Med: 44.16 Max: 68.56
Current: 68.56
-438.54
68.56
Net Margin % 49.91
ESNT's Net Margin % is ranked higher than
92% of the 1653 Companies
in the Global Specialty Finance industry.

( Industry Median: 22.93 vs. ESNT: 49.91 )
Ranked among companies with meaningful Net Margin % only.
ESNT' s Net Margin % Range Over the Past 10 Years
Min: -437.68  Med: 36.96 Max: 49.91
Current: 49.91
-437.68
49.91
ROE % 18.57
ESNT's ROE % is ranked higher than
89% of the 1652 Companies
in the Global Specialty Finance industry.

( Industry Median: 8.55 vs. ESNT: 18.57 )
Ranked among companies with meaningful ROE % only.
ESNT' s ROE % Range Over the Past 10 Years
Min: -38.12  Med: 6.63 Max: 18.57
Current: 18.57
-38.12
18.57
ROA % 13.53
ESNT's ROA % is ranked higher than
99% of the 1657 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.91 vs. ESNT: 13.53 )
Ranked among companies with meaningful ROA % only.
ESNT' s ROA % Range Over the Past 10 Years
Min: -31.95  Med: 10.1 Max: 13.53
Current: 13.53
-31.95
13.53
3-Year Revenue Growth Rate -11.90
ESNT's 3-Year Revenue Growth Rate is ranked lower than
92% of the 1392 Companies
in the Global Specialty Finance industry.

( Industry Median: 4.30 vs. ESNT: -11.90 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
ESNT' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: -5.95 Max: 44.9
Current: -11.9
0
44.9
3-Year EBITDA Growth Rate 0.90
ESNT's 3-Year EBITDA Growth Rate is ranked lower than
68% of the 1295 Companies
in the Global Specialty Finance industry.

( Industry Median: 6.80 vs. ESNT: 0.90 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
ESNT' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0.45 Max: 324.5
Current: 0.9
0
324.5
3-Year EPS without NRI Growth Rate 51.00
ESNT's 3-Year EPS without NRI Growth Rate is ranked higher than
95% of the 1256 Companies
in the Global Specialty Finance industry.

( Industry Median: 7.30 vs. ESNT: 51.00 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
ESNT' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0 Max: 51
Current: 51
0
51
GuruFocus has detected 3 Warning Signs with Essent Group Ltd $ESNT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» ESNT's 30-Y Financials

Financials (Next Earnings Date: 2017-08-05 Est.)


Revenue & Net Income
Equity & Asset
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q2 2016

ESNT Guru Trades in Q2 2016

Jeremy Grantham 387,961 sh (+102.59%)
Jim Simons 666,800 sh (+9.28%)
George Soros 1,481,278 sh (unchged)
Jerome Dodson 800,000 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

Paul Tudor Jones 14,848 sh (New)
Ron Baron 604,274 sh (New)
Jim Simons 841,200 sh (+26.15%)
Joel Greenblatt 10,271 sh (+2.56%)
George Soros Sold Out
Signature Select Canadian Fund Sold Out
Jeremy Grantham 290,789 sh (-25.05%)
Jerome Dodson 550,000 sh (-31.25%)
» More
Q4 2016

ESNT Guru Trades in Q4 2016

Joel Greenblatt 10,542 sh (+2.64%)
Ron Baron 597,174 sh (-1.17%)
Jerome Dodson 500,000 sh (-9.09%)
Jim Simons 721,200 sh (-14.27%)
Jeremy Grantham 238,490 sh (-17.99%)
Paul Tudor Jones 10,406 sh (-29.92%)
» More
Q1 2017

ESNT Guru Trades in Q1 2017

Jerome Dodson 500,000 sh (unchged)
Ron Baron 597,174 sh (unchged)
Paul Tudor Jones Sold Out
Joel Greenblatt 9,339 sh (-11.41%)
Jeremy Grantham 178,746 sh (-25.05%)
Jim Simons 482,800 sh (-33.06%)
» 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:OTCPK:FNMA, NYSE:SC, NYSE:HTH, NAS:TREE, NYSE:NSM, OTCPK:FMCC, NYSE:WD, NYSE:KREF, NYSE:HTGC, NYSE:GSBD, NYSE:PHH, NYSE:EFC, OTCPK:HMCBF, NYSE:PFSI, NAS:ATAX, NYSE:AI, NYSE:OCN, AMEX:IMH, NAS:MRLN, NAS:MRCC » details
Traded in other countries:EG0.Germany,
Headquarter Location:Bermuda
Essent Group Ltd is a private mortgage insurance company. It 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. It 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
PE Ratio 14.13
ESNT's PE Ratio is ranked higher than
51% of the 1664 Companies
in the Global Specialty Finance industry.

( Industry Median: 14.29 vs. ESNT: 14.13 )
Ranked among companies with meaningful PE Ratio only.
ESNT' s PE Ratio Range Over the Past 10 Years
Min: 9.97  Med: 15.14 Max: 1053
Current: 14.13
9.97
1053
Forward PE Ratio 12.99
ESNT's Forward PE Ratio is ranked higher than
67% of the 451 Companies
in the Global Specialty Finance industry.

( Industry Median: 15.46 vs. ESNT: 12.99 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 14.13
ESNT's PE Ratio without NRI is ranked higher than
54% of the 1569 Companies
in the Global Specialty Finance industry.

( Industry Median: 14.61 vs. ESNT: 14.13 )
Ranked among companies with meaningful PE Ratio without NRI only.
ESNT' s PE Ratio without NRI Range Over the Past 10 Years
Min: 9.97  Med: 15.14 Max: 1053
Current: 14.13
9.97
1053
Price-to-Owner-Earnings 13.48
ESNT's Price-to-Owner-Earnings is ranked higher than
53% of the 910 Companies
in the Global Specialty Finance industry.

( Industry Median: 13.67 vs. ESNT: 13.48 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
ESNT' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 9.79  Med: 12.1 Max: 13.74
Current: 13.48
9.79
13.74
PB Ratio 2.44
ESNT's PB Ratio is ranked lower than
91% of the 1707 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.19 vs. ESNT: 2.44 )
Ranked among companies with meaningful PB Ratio only.
ESNT' s PB Ratio Range Over the Past 10 Years
Min: 1.42  Med: 2.3 Max: 3.01
Current: 2.44
1.42
3.01
PS Ratio 7.06
ESNT's PS Ratio is ranked lower than
90% of the 1684 Companies
in the Global Specialty Finance industry.

( Industry Median: 3.41 vs. ESNT: 7.06 )
Ranked among companies with meaningful PS Ratio only.
ESNT' s PS Ratio Range Over the Past 10 Years
Min: 4.45  Med: 7.44 Max: 10.94
Current: 7.06
4.45
10.94
Price-to-Free-Cash-Flow 12.20
ESNT's Price-to-Free-Cash-Flow is ranked lower than
55% of the 924 Companies
in the Global Specialty Finance industry.

( Industry Median: 11.10 vs. ESNT: 12.20 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
ESNT' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 7.18  Med: 11.6 Max: 16.78
Current: 12.2
7.18
16.78
Price-to-Operating-Cash-Flow 12.08
ESNT's Price-to-Operating-Cash-Flow is ranked lower than
61% of the 1013 Companies
in the Global Specialty Finance industry.

( Industry Median: 9.83 vs. ESNT: 12.08 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
ESNT' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 7.02  Med: 11.37 Max: 16.36
Current: 12.08
7.02
16.36
EV-to-EBIT 10.35
ESNT's EV-to-EBIT is ranked higher than
57% of the 1395 Companies
in the Global Specialty Finance industry.

( Industry Median: 11.92 vs. ESNT: 10.35 )
Ranked among companies with meaningful EV-to-EBIT only.
ESNT' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.4  Med: 11.4 Max: 28.9
Current: 10.35
6.4
28.9
EV-to-EBITDA 10.23
ESNT's EV-to-EBITDA is ranked higher than
53% of the 1399 Companies
in the Global Specialty Finance industry.

( Industry Median: 10.86 vs. ESNT: 10.23 )
Ranked among companies with meaningful EV-to-EBITDA only.
ESNT' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.3  Med: 11.2 Max: 27.9
Current: 10.23
6.3
27.9

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -2.50
ESNT's 3-Year Average Share Buyback Ratio is ranked lower than
53% of the 1073 Companies
in the Global Specialty Finance industry.

( Industry Median: -2.00 vs. ESNT: -2.50 )
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: -1.25 Max: 0
Current: -2.5
-34.1
0

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 2.44
ESNT's Price-to-Tangible-Book is ranked lower than
86% of the 1722 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.29 vs. ESNT: 2.44 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
ESNT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.63  Med: 2.25 Max: 2.88
Current: 2.44
1.63
2.88
Price-to-Median-PS-Value 0.95
ESNT's Price-to-Median-PS-Value is ranked higher than
76% of the 1632 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.14 vs. ESNT: 0.95 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
ESNT' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.67  Med: 0.99 Max: 1.41
Current: 0.95
0.67
1.41
Price-to-Graham-Number 1.24
ESNT's Price-to-Graham-Number is ranked lower than
70% of the 1545 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.97 vs. ESNT: 1.24 )
Ranked among companies with meaningful Price-to-Graham-Number only.
ESNT' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.88  Med: 1.22 Max: 10.05
Current: 1.24
0.88
10.05
Earnings Yield (Greenblatt) % 9.66
ESNT's Earnings Yield (Greenblatt) % is ranked higher than
67% of the 1832 Companies
in the Global Specialty Finance industry.

( Industry Median: 6.18 vs. ESNT: 9.66 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
ESNT' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 3.5  Med: 8.8 Max: 15.6
Current: 9.66
3.5
15.6

More Statistics

Revenue (TTM) (Mil) $483.4
EPS (TTM) $ 2.61
Beta1.36
Short Percentage of Float2.41%
52-Week Range $19.89 - 39.50
Shares Outstanding (Mil)93.38

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 538 637
EPS ($) 2.84 3.35 4.00
EPS without NRI ($) 2.84 3.35 4.00
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)
» More Articles for ESNT

Headlines

Articles On GuruFocus.com
Insiders Roundup: Southern National Bancorp of Virginia Tops List Jan 06 2017 
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
Essent Group Ltd. breached its 50 day moving average in a Bullish Manner : ESNT-US : May 29, 2017 May 29 2017
Essent Group Ltd. Announces Amended and Extended $375 Million Credit Facility May 18 2017
Edited Transcript of ESNT earnings conference call or presentation 5-May-17 2:00pm GMT May 09 2017
Essent Group Ltd. Announces Resignation of Adolfo Marzol from Board of Directors May 09 2017
Essent Group Ltd. breached its 50 day moving average in a Bearish Manner : ESNT-US : May 8, 2017 May 08 2017
Essent Group beats 1Q profit forecasts May 05 2017
Essent Group Ltd. Reports First Quarter 2017 Results May 05 2017
Essent Group Ltd. Schedules First Quarter Earnings Conference Call on May 5, 2017 Apr 12 2017
Trader's Daily Notebook: Another Day Without Direction Apr 11 2017
New Strong Buy Stocks Going Up for April 6th Apr 06 2017
Stocks Pare Gains On Oil Data; McDonald's, Caterpillar Lift Dow; Essent Breaks Out Apr 05 2017
Essent Group Ltd. breached its 50 day moving average in a Bearish Manner : ESNT-US : March 23, 2017 Mar 23 2017
Why Are Top Fund Managers Buying The No. 8 IBD 50 Stock? Mar 17 2017
Top Funds' New Stock Buys: Broadcom, Essent, Banks Mar 06 2017
Essent EssentIQ™ Wins 2017 HW TECH100™ Award Mar 06 2017
Top Ranked Momentum Stocks to Buy for February 28th Feb 28 2017
Essent Group (ESNT): Strong Industry, Solid Earnings Estimate Revisions Feb 22 2017
Ocwen Reaches $225M Accord over Loan Servicing Practices Feb 20 2017
Essent Group Ltd. :ESNT-US: Earnings Analysis: 2016 By the Numbers : February 14, 2017 Feb 14 2017
Edited Transcript of ESNT earnings conference call or presentation 10-Feb-17 3:00pm GMT Feb 10 2017

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)