Essent Group Ltd. (ESNT)
Essent Ltd. Statistics
Share Statistics
Essent Ltd. has 103.83M shares outstanding. The number of shares has increased by -2.66% in one year.
| Shares Outstanding | 103.83M |
| Shares Change (YoY) | -2.66% |
| Shares Change (QoQ) | -2.24% |
| Owned by Institutions (%) | 92.75% |
| Shares Floating | 100.36M |
| Failed to Deliver (FTD) Shares | 1 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 1.84M, so 1.73% of the outstanding shares have been sold short.
| Short Interest | 1.84M |
| Short % of Shares Out | 1.73% |
| Short % of Float | 1.79% |
| Short Ratio (days to cover) | 2.27 |
Valuation Ratios
The PE ratio is 7.87 and the forward PE ratio is 8.45. Essent Ltd.'s PEG ratio is 1.43.
| PE Ratio | 7.87 |
| Forward PE | 8.45 |
| PS Ratio | 4.62 |
| Forward PS | 4.4 |
| PB Ratio | 1.02 |
| P/FCF Ratio | 6.71 |
| PEG Ratio | 1.43 |
Enterprise Valuation
Essent Ltd. has an Enterprise Value (EV) of 6.1B.
| EV / Sales | 4.91 |
| EV / EBITDA | 0 |
| 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 | - |
| Debt / FCF | 0.58 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 13.02% and Return on Invested Capital is 0%.
| Return on Equity | 13.02% |
| Return on Assets | 10.26% |
| Return on Invested Capital | 0% |
| Revenue Per Employee | $1.99M |
| Profits Per Employee | $1.17M |
| Employee Count | 625 |
| Asset Turnover | 0.17 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 126.09M |
| Effective Tax Rate | 14.74% |
Stock Price Statistics
The stock price has increased by -0.58% in the last 52 weeks. The beta is 1.09, so Essent Ltd.'s price volatility has been higher than the market average.
| Beta | 1.09 |
| 52-Week Price Change | -0.58% |
| 50-Day Moving Average | 56.97 |
| 200-Day Moving Average | 58.54 |
| Relative Strength Index (RSI) | 61.07 |
| Average Volume (20 Days) | 833.35K |
Income Statement
In the last 12 months, Essent Ltd. had revenue of 1.24B and earned 729.4M in profits. Earnings per share was 6.92.
| Revenue | 1.24B |
| Gross Profit | 1.24B |
| Operating Income | 0 |
| Net Income | 729.4M |
| EBITDA | 0 |
| 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 0% and 58.69%.
| Gross Margin | 100% |
| Operating Margin | n/a |
| Pretax Margin | 68.83% |
| Profit Margin | 58.69% |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | 68.77% |
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 3.1% higher than the current price. The consensus rating is "Hold".
| Price Target | $60 |
| Price Target Difference | 3.1% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
Scores
| Altman Z-Score | 3.67 |
| Piotroski F-Score | 7 |