Essent Group ESNT
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Essent Group (ESNT) Business Model and Operations Summary
Essent Group Ltd serves the housing finance industry by providing private mortgage insurance, reinsurance, risk management products, title insurance, and settlement services to mortgage lenders, borrowers, and investors to support homeownership. It provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners.
Key Insights
Essent Group (ESNT) Core Market Data and Business Metrics
Latest Closing Price
$58.24Market Cap
$6.02 BillionPrice-Earnings Ratio
8.44Total Outstanding Shares
103.84 Million SharesTotal Employees
625Dividend
$0.31 Per Share QuarterlyIPO Date
October 31, 2013SIC Description
Surety InsurancePrimary Exchange
New York Stock ExchangeHeadquarters
Clarendon House, Hamilton, D0, HM 11
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities, Continuing | $-728.25 Million |
| Net Cash Flow | $12.53 Million |
| Net Cash Flow From Operating Activities | $850.28 Million |
| Net Cash Flow From Operating Activities, Continuing | $850.28 Million |
| Net Cash Flow, Continuing | $12.53 Million |
| Net Cash Flow From Financing Activities | $-109.50 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Basic Average Shares | $105.37 Million |
| Net Income/Loss Attributable To Parent | $736.87 Million |
| Revenues | $1.23 Billion |
| Diluted Average Shares | $106.60 Million |
| Operating Expenses | $361.65 Million |
| Common Stock Dividends | $1.09 |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss Attributable To Parent | $982.97 Million |
| Comprehensive Income/Loss | $982.97 Million |
| Other Comprehensive Income/Loss | $982.97 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $246.10 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Equity | $5.64 Billion |
| Equity Attributable To Parent | $5.64 Billion |
| Liabilities And Equity | $7.13 Billion |
| Noncurrent Assets | $0 |
| Fixed Assets | $41.22 Million |
| Liabilities | $1.49 Billion |
Historical Dividends
Current dividend: $0.31 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 14, 2025 | Mar 24, 2025 | Mar 14, 2025 | $0.31 | Quarterly |
| Nov 1, 2024 | Dec 11, 2024 | Dec 2, 2024 | $0.28 | Quarterly |
| Aug 2, 2024 | Sep 10, 2024 | Aug 30, 2024 | $0.28 | Quarterly |
| May 2, 2024 | Jun 10, 2024 | May 31, 2024 | $0.28 | Quarterly |
| Feb 9, 2024 | Mar 22, 2024 | Mar 13, 2024 | $0.28 | Quarterly |
| Nov 2, 2023 | Dec 11, 2023 | Dec 1, 2023 | $0.25 | Quarterly |