Essent Group (NYSE: ESNT) — Company Overview, News & Financial Data
Essent Group specializes in private mortgage insurance, promoting homeownership in the U.S. market.
Essent Group
Essent Group (NYSE:ESNT) specializes in providing private mortgage insurance and reinsurance for single-family mortgage loans in the United States. With a keen focus on promoting homeownership opportunities for borrowers, Essent supports access to affordable mortgage financing. The company conducts its operations through a strategic framework aimed at managing risk while striving for sustained profitability and capital growth. Essent's projects revolve around underwriting and offering insurance products that fulfill the requirements of the residential mortgage market, enhancing the ability of borrowers to secure home financing. Its objectives include maintaining financial strength to meet future claims, ensuring compliance with regulatory standards, contributing to the stability of the housing market, and delivering value to its customers and shareholders alike.
Snapshot
Operations
Products and/or services of Essent Group
- Private mortgage insurance for homeowners, providing financial protection to lenders against borrower default.
- Reinsurance services, offering risk management solutions to mortgage insurers globally.
- Contract underwriting services for mortgage lenders, enhancing loan quality and compliance.
- RADAR Rates platform, delivering real-time MI rate quotes and comparisons.
- EssentEDGE, a risk-based pricing engine for more precise mortgage insurance rates.
- Essent Online, a web-based platform for managing mortgage insurance policy servicing and claims.
Essent Group executive team
- Mark Anthony CasaleFounder, Chairman, CEO & President
- David Bruce WeinstockCFO & Senior VP
- Mary Lourdes GibbonsSenior VP, Chief Legal Officer & Assistant Secretary
- Vijay BhasinChief Risk Officer & Senior VP
- Christopher G. CurranPresident of Essent Guaranty, Inc.
- Theodore GraySenior VP & Chief Information Officer
- Philip Michael StefanoVice President of Investor Relations
- Wei DingSenior Vice President of Corporate Development
- Paul C. WollmannPresident & Chief Underwriting Officer of Essent Reinsurance Ltd
- William P. HigginsPresident of Essent Title Insurance Inc
Latest news about Essent Group
Dividend history
Dividends per share paid by Essent Group, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $1.0500 |
| FY2025 | — | — | — | $1.2400 |
| FY2024 | — | — | — | $1.1200 |
| FY2023 | — | — | — | $1.0000 |
| FY2022 | — | — | — | $0.8600 |
Key financials
Reported results for Essent Group, in USD.
- Market cap
- 6.1B
- Revenue (TTM)
- 1.3B
- P/E ratio
- 9.5
- EPS (diluted, TTM)
- 7.1
- Dividend yield
- 1.9%
- Profit margin
- 51.4%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 1.3B | 821.9M | 690M | |
| 1.3B | 855.5M | 729.4M | |
| 1.1B | 823M | 696.4M | |
| 1B | 988.2M | 831.4M |