Essent Group (ESNT) and Its Rivals Financial Survey

Essent Group (NYSE: ESNT) is one of 92 publicly-traded companies in the “Property & Casualty Insurance” industry, but how does it weigh in compared to its peers? We will compare Essent Group to similar companies based on the strength of its profitability, earnings, dividends, institutional ownership, analyst recommendations, risk and valuation.

Institutional & Insider Ownership

81.6% of Essent Group shares are owned by institutional investors. Comparatively, 60.5% of shares of all “Property & Casualty Insurance” companies are owned by institutional investors. 18.1% of Essent Group shares are owned by insiders. Comparatively, 15.6% of shares of all “Property & Casualty Insurance” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of recent recommendations and price targets for Essent Group and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Essent Group 0 2 5 0 2.71
Essent Group Competitors 621 2287 2172 44 2.32

Essent Group presently has a consensus target price of $44.86, indicating a potential upside of 10.84%. As a group, “Property & Casualty Insurance” companies have a potential upside of 2.41%. Given Essent Group’s stronger consensus rating and higher possible upside, analysts clearly believe Essent Group is more favorable than its peers.

Earnings & Valuation

This table compares Essent Group and its peers revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Essent Group $458.26 million $222.60 million 14.35
Essent Group Competitors $11.51 billion $1.16 billion 84.47

Essent Group’s peers have higher revenue and earnings than Essent Group. Essent Group is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Essent Group and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Essent Group 50.92% 18.77% 13.32%
Essent Group Competitors 9.60% 4.92% 2.63%

Volatility & Risk

Essent Group has a beta of 1.15, meaning that its stock price is 15% more volatile than the S&P 500. Comparatively, Essent Group’s peers have a beta of 0.92, meaning that their average stock price is 8% less volatile than the S&P 500.

Summary

Essent Group beats its peers on 9 of the 13 factors compared.

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. The Company’s primary mortgage insurance is offered to customers on individual loans at the time of origination on a flow basis, but can also be written in bulk transactions. Its pool insurance provides additional credit enhancement for certain secondary market and other mortgage transactions. The primary mortgage insurance operations were conducted through Essent Guaranty, Inc. which is a mortgage insurer licensed to write mortgage insurance in all 50 states and the District of Columbia, as of December 31, 2016. It offers primary mortgage insurance, pool insurance and master policy. It provides contract underwriting services through CUW Solutions, LLC.

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