Essent Group (ESNT) Stock Forecast & Price Target

$64.06

-0.22 (-0.34%)

(As of 12:45 PM ET)

Essent Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for Essent Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 2 have given a hold rating, and 4 have given a buy rating for ESNT.

Consensus Price Target

$64.33
0.43% Upside

High Forecast	$70.00
Average Forecast	$64.33
Low Forecast	$58.00

According to the 6 analysts' twelve-month price targets for Essent Group, the average price target is $64.33. The highest price target for ESNT is $70.00, while the lowest price target for ESNT is $58.00. The average price target represents a forecasted upside of 0.43% from the current price of $64.06.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$64.33	$64.33	$59.25	$54.29
Forecasted Upside	0.43% Upside	11.33% Upside	8.35% Upside	9.34% Upside

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ESNT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ESNT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Essent Group Stock vs. The Competition

Type	Essent Group	Finance Companies	S&P 500
Consensus Rating Score	2.67	2.47	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	0.08% Upside	14.47% Upside	7.94% Upside
News Sentiment Rating	Very Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/5/2024	BTIG Research 2 of 5 stars		Boost Target	Buy ➝ Buy	$61.00 ➝ $64.00	+9.63%
8/5/2024	Royal Bank of Canada 4 of 5 stars		Boost Target	Outperform ➝ Outperform	$61.00 ➝ $67.00	+14.59%
8/5/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$62.00 ➝ $63.00	+8.30%
8/5/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. George Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$65.00 ➝ $70.00	+16.76%
7/9/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$63.00 ➝ $64.00	+15.98%
5/22/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$57.00 ➝ $58.00	+2.51%
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8/8/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$50.00 ➝ $56.00	+6.20%
8/6/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$50.00 ➝ $59.00	+11.83%
2/13/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	H. Fong Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:13 PM ET.

ESNT Forecast - Frequently Asked Questions

What is Essent Group's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Essent Group is $64.33, with a high forecast of $70.00 and a low forecast of $58.00.
Should I buy or sell Essent Group stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essent Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ESNT shares.
Does Essent Group's stock price have much upside?: According to analysts, Essent Group's stock has a predicted upside of 11.33% based on their 12-month stock forecasts.
Has Essent Group been upgraded by Wall Street analysts recently?: Over the previous 90 days, Essent Group's stock had 1 upgrade by analysts.
What analysts cover Essent Group?: Essent Group has been rated by research analysts at Barclays, BTIG Research, JPMorgan Chase & Co., Keefe, Bruyette & Woods, and Royal Bank of Canada in the past 90 days.
Do Wall Street analysts like Essent Group more than its competitors?: Analysts like Essent Group more than other "finance" companies. The consensus rating for Essent Group is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how ESNT compares to other companies.