Essent Group (ESNT) to Release Earnings on Friday

Essent Group (NYSE:ESNT - Get Free Report) is projected to post its quarterly earnings results before the market opens on Friday, February 14th. Analysts expect the company to announce earnings of $1.67 per share and revenue of $313.88 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Essent Group Stock Down 0.8 %

NYSE:ESNT traded down $0.46 on Monday, hitting $58.05. The stock had a trading volume of 516,044 shares, compared to its average volume of 751,909. The company has a market cap of $6.17 billion, a PE ratio of 8.41, a P/E/G ratio of 2.75 and a beta of 1.11. Essent Group has a 52 week low of $51.32 and a 52 week high of $65.33. The business's fifty day moving average is $56.03 and its 200 day moving average is $59.23.

Analyst Upgrades and Downgrades

ESNT has been the subject of several research reports. Royal Bank of Canada reduced their price target on shares of Essent Group from $73.00 to $67.00 and set an "outperform" rating for the company in a research report on Monday, November 4th. Barclays cut shares of Essent Group from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $69.00 to $58.00 in a report on Monday, January 6th. The Goldman Sachs Group decreased their target price on shares of Essent Group from $68.00 to $60.00 and set a "neutral" rating for the company in a research report on Tuesday, November 5th. JPMorgan Chase & Co. dropped their price target on shares of Essent Group from $67.00 to $60.00 and set a "neutral" rating on the stock in a research report on Monday, December 9th. Finally, Keefe, Bruyette & Woods decreased their price objective on Essent Group from $75.00 to $72.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $62.71.

Essent Group Company Profile

Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its mortgage insurance products include primary, pool, and master policy. The company also provides information technology maintenance and development services; customer support-related services; underwriting consulting; and contract underwriting services, as well as risk management products and title insurance and settlement services.