Analyst Ratings for Essent Group Ltd. (ESNT)

Updated: 2017-07-27

An average rating of Overweight has been given to Essent Group Ltd. (NYSE:ESNT) by analysts covering the stock. ESNT had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 5 analysts, 0 gave an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.

Investment analysts gave a few price targets for ESNT. The most optimistic analyst gave a price target of 44, which equates to a potential upside of 16.34 percent. The lowest price target was 36, implying a possible loss of -4.81 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.72 percent. That number becomes -3.5 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.34 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.85 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

Analysts estimate earnings of ESNT to grow at a rate of 8.41 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ESNT is 1.72.

In the last 52-weeks, ESNT has achieved a high of 39.61 and a low of 23.38. Today's price is 61.76 percent above the 52-week low, and 4.52 percent lower than its 52-week high. ESNT has a P/E ratio of 14.44. Investors typically compare the P/E ratio to a company's peers in the industry. The ESNT value stock report compares ESNT to some of its peers using value stock charts. The stock has a market capitalization of $3.58 billion. ESNT will post this quarters earnings in days, on 0000-00-00.