ESNT Stock Recent News
ESNT LATEST HEADLINES
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Announces Closing of $363.4 Million Reinsurance Transaction and Related Mortgage Insurance-Linked Notes.
Essent Group Ltd. is a Bermuda-based holding company specializing in private mortgage insurance, reinsurance, and related services, enhancing mortgage accessibility in the U.S. housing market. Since March 2018, Essent has transferred $1 billion of risk to investors via nine Radnor Re ILNs and $288 million through five XOL deals. Essent's PMI protects lenders from borrower defaults, enabling more people to obtain mortgages, especially those with smaller down payments, thus stabilizing the mortgage market.
HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Comments on Updates to Private Mortgage Insurer Eligibility Requirements.
Essent Group (ESNT) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $1.61 per share a year ago.
Essent Group (ESNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Essent Group (ESNT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. Prices $500 Million Senior Unsecured Notes Offering.
Essent Group Ltd. (NYSE:ESNT ) Q1 2024 Earnings Conference Call May 3, 2024 10:00 AM ET Company Participants Phil Stefano - IR Mark Casale - Chairman & CEO David Weinstock - CFO Christopher Curran - President, Essent Guaranty Conference Call Participants Terry Ma - Barclays Doug Harter - UBS Soham Bhonsle - BTIG Melissa Wedel - J.P.
Essent Group (ESNT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.