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.

A number of analysts gave 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 minimum price target given was 36, implying potential capital losses 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.72 percent on average, compared to last month. That number becomes -3.5 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.34 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.85 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of ESNT to grow at a rate of 8.41 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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. 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 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 market cap of ESNT is $3.58 billion. ESNT's next earnings release will be on 0000-00-00, which is days away.