Headlines about Essent Group (NYSE:ESNT) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Essent Group earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.7669563419795 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Essent Group (NYSE ESNT) opened at $47.08 on Monday. Essent Group has a 12 month low of $33.45 and a 12 month high of $50.08. The firm has a market capitalization of $4,620.00, a P/E ratio of 15.24, a P/E/G ratio of 0.99 and a beta of 1.15.
Essent Group (NYSE:ESNT) last issued its quarterly earnings data on Friday, February 9th. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.01. The firm had revenue of $161.77 million during the quarter, compared to analysts’ expectations of $155.22 million. Essent Group had a return on equity of 17.77% and a net margin of 65.87%. Essent Group’s revenue was up 28.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.68 earnings per share. analysts forecast that Essent Group will post 4.34 EPS for the current fiscal year.
In related news, Director Andrew Turnbull sold 10,000 shares of Essent Group stock in a transaction on Friday, December 1st. The stock was sold at an average price of $45.00, for a total transaction of $450,000.00. Following the completion of the transaction, the director now directly owns 45,409 shares of the company’s stock, valued at $2,043,405. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Mark Casale sold 370,673 shares of Essent Group stock in a transaction on Monday, February 12th. The stock was sold at an average price of $44.50, for a total value of $16,494,948.50. Following the transaction, the chief executive officer now directly owns 1,845,356 shares of the company’s stock, valued at $82,118,342. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 401,686 shares of company stock valued at $17,906,354. 18.10% of the stock is currently owned by insiders.
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Essent Group Company Profile
Essent Group Ltd. is a private mortgage insurance company. The Company is engaged in offering private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its products and services include mortgage insurance, contract underwriting, and Bermuda-based insurance and reinsurance.
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