Essent Statistics

Share Statistics

Essent has 101.4M shares outstanding. The number of shares has increased by -4.56% in one year.

Shares Outstanding	101.4M
Shares Change (YoY)	-4.56%
Shares Change (QoQ)	-2.34%
Owned by Institutions (%)	94.52%
Shares Floating	97.92M
Failed to Deliver (FTD) Shares	1,500
FTD / Avg. Volume	0.21%

Short Selling Information

The latest short interest is 1.7M, so 1.67% of the outstanding shares have been sold short.

Short Interest	1.7M
Short % of Shares Out	1.67%
Short % of Float	2.06%
Short Ratio (days to cover)	2.22

Valuation Ratios

The PE ratio is 7.87 and the forward PE ratio is 8.35. Essent's PEG ratio is 1.43.

PE Ratio	7.87
Forward PE	8.35
PS Ratio	4.53
Forward PS	4.7
PB Ratio	1.02
P/FCF Ratio	6.71
PEG Ratio	1.43

Financial Ratio History

Enterprise Valuation

Essent has an Enterprise Value (EV) of 6.1B.

EV / Sales	4.81
EV / EBITDA	6.8
EV / EBIT	7.08
EV / FCF	7.14

Financial Position

The company has a current ratio of 1.06, with a Debt / Equity ratio of 0.09.

Current Ratio	1.06
Quick Ratio	1.06
Debt / Equity	0.09
Debt / EBITDA	0.55
Debt / FCF	0.58
Interest Coverage	24.22

Financial Efficiency

Return on Equity is 13.02% and Return on Invested Capital is 553.77%.

Return on Equity	13.02%
Return on Assets	10.26%
Return on Invested Capital	553.77%
Revenue Per Employee	$2.28M
Profits Per Employee	$1.31M
Employee Count	555
Asset Turnover	0.18
Inventory Turnover	n/a

Taxes

Income Tax	126.09M
Effective Tax Rate	14.74%

Stock Price Statistics

The stock price has increased by 4.87% in the last 52 weeks. The beta is 0.82, so Essent's price volatility has been higher than the market average.

Beta	0.82
52-Week Price Change	4.87%
50-Day Moving Average	58.1
200-Day Moving Average	57.04
Relative Strength Index (RSI)	64.83
Average Volume (20 Days)	703,027

Income Statement

In the last 12 months, Essent had revenue of 1.27B and earned 729.4M in profits. Earnings per share was 6.92.

Revenue	1.27B
Gross Profit	1.27B
Operating Income	855.49M
Net Income	729.4M
EBITDA	896.59M
EBIT	890.81M
Earnings Per Share (EPS)	6.92

Full Income Statement

Balance Sheet

The company has 131.48M in cash and 493.96M in debt, giving a net cash position of -362.48M.

Cash & Cash Equivalents	131.48M
Total Debt	493.96M
Net Cash	-362.48M
Retained Earnings	4.69B
Total Assets	7.2B
Working Capital	n/a

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 861.53M and capital expenditures -6.77M, giving a free cash flow of 854.77M.

Operating Cash Flow	861.53M
Capital Expenditures	-6.77M
Free Cash Flow	854.77M
FCF Per Share	8.11

Full Cash Flow Statement

Margins

Gross margin is 100%, with operating and profit margins of 67.51% and 57.56%.

Gross Margin	100%
Operating Margin	67.51%
Pretax Margin	67.51%
Profit Margin	57.56%
EBITDA Margin	70.76%
EBIT Margin	67.51%
FCF Margin	67.46%

Dividends & Yields

ESNT pays an annual dividend of $1.49, which amounts to a dividend yield of 2.01%.

Dividend Per Share	$1.49
Dividend Yield	2.01%
Dividend Growth (YoY)	10.71%
Payout Ratio	21.78%
Earnings Yield	12.71%
FCF Yield	14.9%

Dividend Details

Analyst Forecast

The average price target for ESNT is $63.5, which is 3.8% higher than the current price. The consensus rating is "Hold".

Price Target	$63.5
Price Target Difference	3.8%
Analyst Consensus	Hold
Analyst Count	6

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$84.49
Lynch Upside	38.08%
Graham Number	90.99
Graham Upside	48.7%

Scores

Altman Z-Score	3.73
Piotroski F-Score	5

Essent Group Ltd. (ESNT)