Essent Group stock has undergone multiple analysts rating changes in the recent past. Essent Group stock Target Raised by Barclays PLC on 10/12/2021. In a note to investors, the firm issued a new target price of $65.00. The analysts previously had $64.00 target price. Barclays PLC’s price target would indicate a potential upside of 40.21% from the stock’s previous close.
Shares of Essent Group traded up $0.42 on monday, reaching $46.78. 44353 shares of the stock traded hands, compared to its average volume of 487473. On monday, Shares of Essent Group closed at $46.78. The firm’s 50 day moving average is $45.91 and its 200 day moving average is $46.01.Essent Group has a 12 month low of $38.02 and a 12 month high of $54.22. While on yearly highs and lows, Essent Group today has traded high as $46.86 and has touched $46.16 on the downward trend.
Essent Group Earnings and What to expect:
Essent Group last posted its earnings results on August 6th, 2021. The financial services provider reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.16. The company had revenue of $243.26 million for the quarter, compared to analysts’ expectations of $239.39 million. Its quarterly revenue was up 3.0% on a year-over-year basis. Essent Group has generated $3.88 earnings per share over the last year ($4.84 diluted earnings per share) and currently has a price-to-earnings ratio of 9.6. Earnings for Essent Group are expected to grow by 18.60% in the coming year, from $5.43 to $6.44 per share. Essent Group has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, November 5th, 2021 based off prior year’s report dates.
Earnings for Essent Group are expected to grow by 18.60% in the coming year, from $5.43 to $6.44 per share. The P/E ratio of Essent Group is 9.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.28. The P/E ratio of Essent Group is 9.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 13.13. Essent Group has a PEG Ratio of 0.85. PEG Ratios below 1 indicate that a company could be undervalued. Essent Group has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Essent Group (NYSE:ESNT) Moving Average Technical Analysis
5 day Moving Average is $$45.47 And 5 day price change is $1.32 (2.93%) with average volume for 5 day average is 426,260. While technical analysis for average 20 days shows significant difference, 20 day moving average is $44.76 and 20 day price change is $0.49 (1.07%) and average 20 day moving volume is 518,920. 50 day moving average is $45.91 and 50 day price change is $1.19 ( 2.63%) and with average volume for 50 days is : 529,134. 200 day moving average is $46.01 and 200 day price change is $2.18 (4.93%) and with average volume for 200 days is : 728,042.
Other owners latest trading in Essent Group :
- On 9/24/2021 shares held by Thrivent Financial for Lutherans were 185,341 which equates to market value of $8.33M and appx 0.00% owners of Essent Group
- On 9/17/2021 shares held by Virtu Financial LLC were 7,112 which equates to market value of $0.32M and appx 0.00% owners of Essent Group
- On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 205,832 which equates to market value of $9.25M and appx 0.00% owners of Essent Group
- In total Institutional ownership equates to Institutional Ownership Percentage: 93.28% for Essent Group
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