Essent Group Ltd. (ESNT)
Essent Statistics
Share Statistics
Essent has 103.35M shares outstanding. The number of shares has increased by -2.66% in one year.
| Shares Outstanding | 103.35M |
| Shares Change (YoY) | -2.66% |
| Shares Change (QoQ) | -2.24% |
| Owned by Institutions (%) | 92.76% |
| Shares Floating | 99.9M |
| Failed to Deliver (FTD) Shares | 4 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 1.11M, so 1.07% of the outstanding shares have been sold short.
| Short Interest | 1.11M |
| Short % of Shares Out | 1.07% |
| Short % of Float | 1.31% |
| Short Ratio (days to cover) | 1.23 |
Valuation Ratios
The PE ratio is 7.87 and the forward PE ratio is 7.5. Essent's PEG ratio is 1.43.
| PE Ratio | 7.87 |
| Forward PE | 7.5 |
| PS Ratio | 4.53 |
| Forward PS | 4.2 |
| PB Ratio | 1.02 |
| P/FCF Ratio | 6.71 |
| PEG Ratio | 1.43 |
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 | $2.03M |
| Profits Per Employee | $1.17M |
| Employee Count | 625 |
| 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 2.4% in the last 52 weeks. The beta is 0.8, so Essent's price volatility has been higher than the market average.
| Beta | 0.8 |
| 52-Week Price Change | 2.4% |
| 50-Day Moving Average | 56.05 |
| 200-Day Moving Average | 58.47 |
| Relative Strength Index (RSI) | 49.31 |
| Average Volume (20 Days) | 812.66K |
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 |
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 | 7.11B |
| Working Capital | 10.29M |
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 |
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 $1.15, which amounts to a dividend yield of 2.1%.
| Dividend Per Share | $1.15 |
| Dividend Yield | 2.1% |
| Dividend Growth (YoY) | 10.71% |
| Payout Ratio | 16.79% |
| Earnings Yield | 12.71% |
| FCF Yield | 14.9% |
Analyst Forecast
The average price target for ESNT is $60, which is 8.2% higher than the current price. The consensus rating is "Buy".
| Price Target | $60 |
| Price Target Difference | 8.2% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
Scores
| Altman Z-Score | 3.78 |
| Piotroski F-Score | 7 |