Essent GroupESNT
About: Essent Group Ltd serves the housing finance industry by providing private mortgage insurance, reinsurance, risk management products, title insurance, and settlement services to mortgage lenders, borrowers, and investors to support homeownership. It provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners.
Employees: 625
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
642% more call options, than puts
Call options by funds: $2.18M | Put options by funds: $294K
52% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 84
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
0.46% less ownership
Funds ownership: 92.3% [Q3] → 91.84% (-0.46%) [Q4]
8% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 52
4% less funds holding
Funds holding: 312 [Q3] → 300 (-12) [Q4]
16% less capital invested
Capital invested by funds: $6.3B [Q3] → $5.31B (-$994M) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
RBC Capital Scott Heleniak 73% 1-year accuracy 35 / 48 met price target | 19%upside $67 | Outperform Reiterated | 18 Feb 2025 |
Keefe, Bruyette & Woods Bose George 72% 1-year accuracy 31 / 43 met price target | 26%upside $71 | Outperform Maintained | 18 Feb 2025 |
Barclays Terence Malone 33% 1-year accuracy 2 / 6 met price target | 3%upside $58 | Equal-Weight Downgraded | 6 Jan 2025 |
JP Morgan Richard Shane 77% 1-year accuracy 49 / 64 met price target | 7%upside $60 | Neutral Maintained | 9 Dec 2024 |
Financial journalist opinion
Based on 6 articles about ESNT published over the past 30 days
