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.

ESNT was given price targets by several analysts. The most optimistic analyst gave a price target of 44, implying potential capital gains of 16.34 percent. The most pessimistic analyst gave a price target of 36, implying a possible loss of -4.81 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.72 percent. The average change in earnings estimates over the last 90 days is -3.5 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.

The growth rate of ESNT's earnings is estimated by analysts to be 8.41 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. 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. The current market price is above the trailing year's low by 61.76 percent, and 4.52 percent lower than its 52-week high. ESNT has a price/earnings 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 market cap of ESNT is $3.58 billion. ESNT's next earnings release will be on 0000-00-00, which is days away.