Essent Group

Essent Group Ltd. is a holding company, which engages in the provision of banking services. It offers mortgage insurance, reinsurance, and risk management products. The company was founded by Mark A. Casale on July 1, 2008 and is headquartered in Hamilton, Bermuda.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Essent Group reports robust Q4 earnings, eyes strategic acquisitions

Essent Group delivered a strong performance in Q4 2022, driven by solid financial results and strategic initiatives across its business units. With a focus on capital distribution, operational efficiency, and potential acquisitions, Essent is poised for continued growth and value creation. The company's prudent financial management and commitment to shareholder returns underscore its resilience and strategic foresight.

Essent Group reports Q1 net income decline but eyes reinsurance growth opportunities

Essent Group's Q1 2023 performance saw a decrease in net income but a significant increase in insurance in force, backed by a strong cash position and focus on long-term growth.
Despite challenges in market dynamics and credit risk management, the company remains confident in its operating model and capital management strategies.
Opportunities lie in leveraging reinsurance options efficiently, anticipating ILN market growth, and capitalizing on reinsurers' interest in quota share treaties for better pricing.

Essent Group reports Q2 net income decline but showcases resilience

Essent Group's Q2 2023 performance reflected a decrease in net income but growth in insurance in force and solid cash reserves.
The company showcased strengths in executing reinsurance strategies, capital deployment, and completing strategic acquisitions.
Challenges include managing pricing dynamics amidst changing market conditions and addressing analyst inquiries on various operational aspects.
Opportunities exist in strategic capital deployment, technology utilization, and maintaining strong credit considerations in pricing decisions.

Essent Group (ESNT) reports robust Q3 earnings, plans shareholder returns

Essent Group's Q3 2023 performance reflects strong financial health and growth potential, supported by robust credit quality and revenue growth. While facing challenges in certain segments, the company's strategic initiatives and financial position position it well for future opportunities and shareholder returns.

Essent Group (ESNT) reports robust Q4 earnings and growth prospects

Essent Group (ESNT) delivered a strong financial performance in Q4 2023, marked by robust earnings, credit quality, and investment income growth, supported by a solid capital position and liquidity.
While facing challenges such as market dynamics and operational efficiency, the company's upgraded financial strength ratings and increased dividend reflect confidence in its stability and growth potential.
Strategic opportunities lie in exploring new markets, optimizing investment strategies, and enhancing operational efficiency to drive sustained growth and value creation for Essent Group and its stakeholders.

Essent Group reports robust Q1 earnings and strengthens financial position

Essent Group's Q1 performance reflects strength in mortgage insurance and financial stability, supported by upgraded ratings and strong underwriting practices.
While challenges in capital distribution and risk management persist, the company's focus on credit quality and consistent earnings positions it well for future growth.
Opportunities in lender activation, M&A, and credit management present avenues for Essent to further enhance its market position and financial performance.

Essent Group reports robust Q3 earnings, eyes growth opportunities ahead

Essent Group delivered strong financial results in Q3 2024, maintaining a solid financial position and emphasizing long-term strategy execution. While challenges in managing expenses and market uncertainties exist, the company remains focused on growth opportunities and financial discipline. Essent Group's performance reflects resilience and strategic planning in a dynamic market environment.

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Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?

Essent Group (ESNT) Now Trades Above Golden Cross: Time to Buy?

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Schedules Third Quarter Earnings Conference Call for November 5, 2021

Essent Group Ltd. Schedules Third Quarter Earnings Conference Call for November 5, 2021

RADNOR, Pa.--(BUSINESS WIRE)--Essent Announces Launch of the Next Generation of EssentEDGE®

Essent Announces Launch of the Next Generation of EssentEDGE®

ESNT's record in excess capital, which reached $1.28 billion, is to be redeployed in the core business and reward shareholders through share buybacks of $250 million through 2022 and dividends. The company's book keeps improving with curing default rates down to 2.96%, almost half since pandemic's peak.

Essent Group: Don't Be Fooled By The Market

Essent Group Ltd. (ESNT) CEO Mark Casale on Q2 2021 Results - Earnings Call Transcript

Shares of Essent Gr (NYSE:ESNT) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share rose 846.67% year over year to $1.42, which beat the estimate of $1.26.

Essent Group: Q2 Earnings Insights

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces Second Quarter 2021 Results & Increases Quarterly Dividend

Essent Group Ltd. Announces Second Quarter 2021 Results & Increases Quarterly Dividend

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Mortgage insurer stocks are dazzlingly cheap, at about a third of the market P/E. The new MI business model creates low earnings risk and lots of cash flow to shareholders.

Mortgage Insurers: Could They Be U.S. Stock Market's Cheapest Value Stocks? There's A Good Chance

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces Adolfo Marzol to Serve as Special Advisor to the Chairman and CEO

Essent Group Ltd. Announces Adolfo Marzol to Serve as Special Advisor to the Chairman and CEO

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Schedules Second Quarter Earnings Conference Call for August 6, 2021

Essent Group Ltd. Schedules Second Quarter Earnings Conference Call for August 6, 2021

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HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces Closing of $557.9 Million Reinsurance Transaction and Related Mortgage Insurance-Linked Notes

Essent Group Ltd. Announces Closing of $557.9 Million Reinsurance Transaction and Related Mortgage Insurance-Linked Notes

Essent Group Ltd. continued writing high-quality policies and maintained its excellent portfolio characteristics in Q1-2021.

Essent Group: A Solid Leader Of The PMI Market At A Fair Price

Essent Group's (ESNT) first-quarter results indicate rise in revenues stemming from higher net premiums earned, partly offset by escalated losses and expenses.

Essent Group's (ESNT) Q1 Earnings Miss, Revenues Improve Y/Y

Essent Group's (ESNT) CEO Mark Casale on Q1 2021 Results - Earnings Call Transcript

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces First Quarter 2021 Results, Increase of Quarterly Dividend, and Board Authorization of $250 Million Share Repurchase Plan

Essent Group Ltd. Announces First Quarter 2021 Results, Increase of Quarterly Dividend, and Board Authorization of $250 Million Share Repurchase Plan

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Schedules First Quarter Earnings Conference Call For May 7, 2021

Essent Group Ltd. Schedules First Quarter Earnings Conference Call For May 7, 2021

I wrote recently that a surge in home mortgage defaults is increasingly unlikely, now due to Fed-induced home price inflation. As a result, the four mortgage insurers - MGIC, Radian, Essent and National Mortgage - already have lots of excess capital.

Private Mortgage Insurers: The Coming Dividend And Stock Buyback Bonanza

The stocks of mortgage insurance companies MGIC, Radian, Essent, and National Mortgage are trading as if a mortgage default disaster is right around the corner. I've been arguing that is unlikely because of a housing shortage and more than a decade of conservative mortgage lending practices.

The Fed's Money Printing Bonanza Makes Me Like The Mortgage Insurers Even More

The Private Mortgage Insurance Industry is selling at a 50% discount. It is essentially buy one get one free. This discount is a relic from the 2007-2009 recession which the industry barely survived.

The Private Mortgage Insurance Industry Is BOGO

Low interest rates, an economic recovery, and a shift towards work-from-home culture will make homes more affordable for first-time buyers. These positive trends will drive revenues. Revenue growth will likely decelerate this year because of a decline in mortgage refinancing activity.

Essent Group To Benefit From Strong Industry Fundamentals

Essent Group Ltd. (ESNT) CEO Mark Casale on Q4 2020 Results - Earnings Call Transcript

Shares of Essent Group (NYSE:ESNT) rose 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 26.17% over the past year to $1.10, which missed the estimate of $1.22.

Recap: Essent Q4 Earnings

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces Fourth Quarter & Full Year 2020 Results; Declares Quarterly Dividend

Essent Group Ltd. Announces Fourth Quarter & Full Year 2020 Results; Declares Quarterly Dividend

Essent Gr (NYSE:ESNT) announces its next round of earnings this Friday, February 19. Here is Benzinga's everything-that-matters guide for this Friday's Q4 earnings announcement.

News for Essent Group Stock (ESNT)