Essent Group Ltd. (ESNT) Analysts See $1.04 EPS

July 12, 2018 - By Christine McCrea

Investors sentiment decreased to 1.15 in Q1 2018. Its down 0.36, from 1.51 in 2017Q4. It fall, as 27 investors sold Essent Group Ltd. shares while 81 reduced holdings. 37 funds opened positions while 87 raised stakes. 84.45 million shares or 0.84% more from 83.75 million shares in 2017Q4 were reported.
Avalon Advsrs Llc invested in 41,256 shares. The Massachusetts-based Eaton Vance Management has invested 0.04% in Essent Group Ltd. (NYSE:ESNT). Boston Advsr Limited Co holds 130,210 shares or 0.14% of its portfolio. Skyline Asset Mgmt L P accumulated 1.82% or 528,550 shares. Mufg Americas Holdings holds 964 shares or 0% of its portfolio. New York State Teachers Retirement Sys reported 7,300 shares. 165,294 are held by Credit Suisse Ag. Finemark Retail Bank And Tru holds 0.03% or 10,783 shares in its portfolio. Lazard Asset Mngmt Limited Co has invested 0% of its portfolio in Essent Group Ltd. (NYSE:ESNT). Jane Street Gru Ltd Liability owns 10,382 shares for 0% of their portfolio. 126,436 are owned by Thrivent Financial For Lutherans. Element Mngmt Limited Liability Corp owns 5,684 shares or 0.01% of their US portfolio. Yorktown Mgmt Communication Inc has 7,800 shares. Prudential Fincl Inc stated it has 189,250 shares. 281,039 are held by Bain Cap Public Equity Management Limited Liability Company.

Since January 24, 2018, it had 0 insider purchases, and 2 selling transactions for $22.32 million activity. CASALE MARK sold 500,000 shares worth $22.31 million.

Analysts expect Essent Group Ltd. (NYSE:ESNT) to report $1.04 EPS on August, 3.They anticipate $0.27 EPS change or 35.06 % from last quarter’s $0.77 EPS. ESNT’s profit would be $102.04M giving it 8.69 P/E if the $1.04 EPS is correct. After having $1.13 EPS previously, Essent Group Ltd.’s analysts see -7.96 % EPS growth. The stock decreased 1.47% or $0.54 during the last trading session, reaching $36.15. About 57,979 shares traded. Essent Group Ltd. (NYSE:ESNT) has declined 4.69% since July 12, 2017 and is downtrending. It has underperformed by 17.26% the S&P500.

Essent Group Ltd. (NYSE:ESNT) Ratings Coverage

Among 9 analysts covering Essent Group (NYSE:ESNT), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Essent Group had 13 analyst reports since February 9, 2018 according to SRatingsIntel. As per Tuesday, April 10, the company rating was maintained by Keefe Bruyette & Woods. The stock of Essent Group Ltd. (NYSE:ESNT) earned “Buy” rating by Compass Point on Monday, February 12. The stock of Essent Group Ltd. (NYSE:ESNT) has “Overweight” rating given on Wednesday, April 11 by Barclays Capital. Wells Fargo downgraded the stock to “Market Perform” rating in Thursday, April 19 report. Deutsche Bank maintained it with “Buy” rating and $55 target in Tuesday, April 10 report. The rating was maintained by RBC Capital Markets on Tuesday, April 10 with “Buy”. Susquehanna maintained Essent Group Ltd. (NYSE:ESNT) on Friday, February 9 with “Buy” rating. On Tuesday, April 10 the stock rating was maintained by Susquehanna with “Buy”. Wells Fargo maintained the stock with “Buy” rating in Tuesday, March 13 report. The stock has “Buy” rating by RBC Capital Markets on Friday, February 9.

Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The company has market cap of $3.55 billion. The firm also provides information technology maintenance and development services; customer support-related services; and contract underwriting services. It has a 8.23 P/E ratio. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders.

Essent Group Ltd. (NYSE:ESNT) Ratings Chart

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