Essent Group Stock (NYSE:ESNT), Trade Ideas

Essent Group

Essent Group Ltd serves the housing finance industry by providing private mortgage insurance, reinsurance, risk management products and 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. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.

Photo: Courtesy of International Monetary Fund on Flickr

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	Berenberg raised  Albemarle Corporation  (NYSE: ALB) price target from $260 to $270. Berenberg analyst Andres Castanos Mollor downgraded the stock from Buy to Hold. Albemarle shares fell 7.9% to close at $251.45 on Wednesday.


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When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.

5 Stocks Insiders Are Selling

Essent Group Ltd

Keefe, Bruyette &amp; Woods analyst Bose George maintains Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) with a Market Perform and raises the price target from $62 to $64.

Keefe, Bruyette & Woods Maintains Market Perform on Essent Group, Raises Price Target to $64

JP Morgan analyst Richard Shane downgrades Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) from Overweight to Neutral and raises the price target from $58 to $61.

Downgrades

JP Morgan Downgrades Essent Group to Neutral, Raises Price Target to $61

RBC Capital analyst Scott Heleniak maintains Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) with a Outperform and raises the price target from $56 to $58.

RBC Capital Maintains Outperform on Essent Group, Raises Price Target to $58

The dividend is payable on March 22, 2024, to shareholders of record on March 13, 2024.

Dividends

Essent Group Increases Quarterly Dividend From $0.25 To $0.28 Per Share

Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) reported quarterly earnings of $1.64 per share which beat the analyst consensus estimate of $1.59 by 3.14 percent. This is a 19.71 percent increase over earnings of $1.37 per share from the same period last year. The company reported quarterly sales of $297.28 million which beat the analyst consensus estimate of $286.18 million by 3.88 percent. This is a 29.23 percent increase over sales of $230.04 million the same period last year.

Earnings

Essent Group Q4 EPS $1.64 Beats $1.59 Estimate, Sales $297.28M Beat $286.18M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; TELUS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TU#NYSE">TU</a>) is expected to report quarterly earnings at $0.23 per share on revenue of $5.24 billion.
&bull; Canopy Gwth (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>) is likely to report quarterly loss at $0.37 per share on revenue of $55.44 million.
&bull; Fortis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTS#NYSE">FTS</a>) is expected to report quarterly earnings at $0.53 per share on revenue of $2.39 billion.
&bull; AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) is expected to report quarterly earnings at $0.23 per share on revenue of $5.25 billion.
&bull; Enbridge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $9.88 billion.
&bull; TELUS Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TIXT#NYSE">TIXT</a>) is projected to report quarterly earnings at $0.35 per share on revenue of $932.03 million.
&bull; Listed Funds Trust Roundhill Cannabis ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/WEED#BATS">WEED</a>) is likely to report quarterly loss at $0.49 per share on revenue of $74.78 million.
&bull; Motorcar Parts of America (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPAA#NASDAQ">MPAA</a>) is likely to report quarterly earnings at $0.08 per share on revenue of $182.20 million.
&bull; W.P. Carey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPC#NYSE">WPC</a>) is expected to report earnings for its fourth quarter.
&bull; Construction Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROAD#NASDAQ">ROAD</a>) is estimated to report quarterly earnings at $0.13 per share on revenue of $394.48 million.
&bull; Plains GP Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAGP#NASDAQ">PAGP</a>) is estimated to report quarterly earnings at $0.35 per share on revenue of $11.91 billion.
&bull; Mr. Cooper Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COOP#NASDAQ">COOP</a>) is expected to report quarterly earnings at $1.33 per share on revenue of $416.70 million.
&bull; PepsiCo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) is likely to report quarterly earnings at $1.72 per share on revenue of $28.40 billion.
&bull; MISTRAS Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) is expected to report quarterly earnings at $1.99 per share on revenue of $13.97 billion.
&bull; Magna International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGA#NYSE">MGA</a>) is projected to report quarterly earnings at $1.48 per share on revenue of $10.41 billion.
&bull; Blue Owl Cap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OWL#NYSE">OWL</a>) is estimated to report quarterly earnings at $0.17 per share on revenue of $428.71 million.
&bull; Catalent (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTLT#NYSE">CTLT</a>) is likely to report quarterly loss at $0.02 per share on revenue of $1.01 billion.
&bull; Embecta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMBC#NASDAQ">EMBC</a>) is likely to report quarterly earnings at $0.45 per share on revenue of $264.91 million.
&bull; Plains All American (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAA#NASDAQ">PAA</a>) is estimated to report quarterly earnings at $0.36 per share on revenue of $12.64 billion.
&bull; AMC Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMCX#NASDAQ">AMCX</a>) is projected to report quarterly earnings at $0.89 per share on revenue of $676.01 million.
&bull; Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) is estimated to report quarterly earnings at $0.17 per share on revenue of $1.98 billion.
&bull; Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) is expected to report quarterly earnings at $1.59 per share on revenue of $286.18 million.
&bull; Proto Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRLB#NYSE">PRLB</a>) is likely to report quarterly earnings at $0.30 per share on revenue of $122.72 million.
<h3>Companies Reporting After The Bell</h3>
&bull; Amtech Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASYS#NASDAQ">ASYS</a>) is projected to report earnings for its first quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For February 9, 2024

Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) is set to give its latest quarterly earnings report on Friday, 2024-02-09. Here's what investors need to know before the announcement.
Analysts estimate that Essent Group will report an earnings per share (EPS) of $1.59. 
Essent Group bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.09, which was followed by a 2.06% increase in the share price the next day.
Here's a look at Essent Group's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.57</td>
<td>1.47</td>
<td>1.45</td>
<td>1.48</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.66</td>
<td>1.61</td>
<td>1.59</td>
<td>1.37</td>
</tr>
<tr>
<td>Price Change %</td>
<td>2.06%</td>
<td>3.19%</td>
<td>3.88%</td>
<td>-0.24%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1707404478_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Essent Group were trading at $53.14 as of February 07. Over the last 52-week period, shares are up 23.72%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<a href="https://www.benzinga.com/quote/ESNT/earnings">To track all earnings releases for Essent Group visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Preview: Essent Group's Earnings

UBS analyst Douglas Harter initiates coverage on Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) with a Neutral rating and announces Price Target of $54.

Initiation

UBS Initiates Coverage On Essent Group with Neutral Rating, Announces Price Target of $54

Barclays analyst Terence Malone initiates coverage on Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) with a Overweight rating and announces Price Target of $60.

Barclays Initiates Coverage On Essent Group with Overweight Rating, Announces Price Target of $60

Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) reported quarterly earnings of $1.66 per share which beat the analyst consensus estimate of $1.57 by 5.73 percent. This is unchanged from the same period last year. The company reported quarterly sales of $296.11 million which beat the analyst consensus estimate of $265.48 million by 11.54 percent. This is a 13.12 percent increase over sales of $261.77 million the same period last year.

Essent Group Q3 EPS $1.66 Beats $1.57 Estimate, Sales $296.11M Beat $265.48M Estimate

Within the last quarter, Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) has observed the following analyst ratings: 
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
These 5 analysts have an average price target of $57.4 versus the current price of Essent Group at $48.785, implying upside.
Below is a summary of how these 5 analysts rated Essent Group over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock
<img src="https://www.benzinga.com/files/images/story/2023/1695668430_0.png" alt="price target chart" />
This current average has increased by 11.46% from the previous average price target of $51.50. 
<a href="https://www.benzinga.com/quote/ESNT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Essent Group analyst ratings.</a>
<h1>What Are Analyst Ratings?</h1>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Latest Analyst Ratings for Essent Group

RBC Capital analyst Mark Dwelle reiterates Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) with a Outperform and maintains $59 price target.

Reiteration

RBC Capital Reiterates Outperform on Essent Group, Maintains $59 Price Target

By the end of today, September 11, 2023, Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) is set to deliver a dividend payout of $0.25 per share, equating to an annualized dividend yield of 1.96%. The company's dividend payout went ex-dividend on August 31, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout. 
<h3>Essent Group Recent Dividend Payouts</h3>
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 th, td {
 padding: 8px;
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 font-size: 12px;
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 </style><table>
<thead>
<tr>
<th>Ex-Date</th>
<th align="right">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-08-31</td>
<td align="right">4</td>
<td>$0.25</td>
<td>1.96%</td>
<td>2023-08-04</td>
<td>2023-09-01</td>
<td>2023-09-11</td>
</tr>
<tr>
<td>2023-05-31</td>
<td align="right">4</td>
<td>$0.25</td>
<td>2.44%</td>
<td>2023-05-05</td>
<td>2023-06-01</td>
<td>2023-06-12</td>
</tr>
<tr>
<td>2023-03-09</td>
<td align="right">4</td>
<td>$0.25</td>
<td>2.36%</td>
<td>2023-02-10</td>
<td>2023-03-10</td>
<td>2023-03-20</td>
</tr>
<tr>
<td>2022-11-30</td>
<td align="right">4</td>
<td>$0.23</td>
<td>2.41%</td>
<td>2022-11-04</td>
<td>2022-12-01</td>
<td>2022-12-12</td>
</tr>
<tr>
<td>2022-08-31</td>
<td align="right">4</td>
<td>$0.22</td>
<td>2.07%</td>
<td>2022-08-05</td>
<td>2022-09-01</td>
<td>2022-09-12</td>
</tr>
<tr>
<td>2022-05-31</td>
<td align="right">4</td>
<td>$0.21</td>
<td>2.03%</td>
<td>2022-05-06</td>
<td>2022-06-01</td>
<td>2022-06-10</td>
</tr>
<tr>
<td>2022-03-09</td>
<td align="right">4</td>
<td>$0.2</td>
<td>1.75%</td>
<td>2022-02-11</td>
<td>2022-03-10</td>
<td>2022-03-21</td>
</tr>
<tr>
<td>2021-11-30</td>
<td align="right">4</td>
<td>$0.19</td>
<td>1.61%</td>
<td>2021-11-05</td>
<td>2021-12-01</td>
<td>2021-12-10</td>
</tr>
<tr>
<td>2021-08-31</td>
<td align="right">4</td>
<td>$0.18</td>
<td>1.56%</td>
<td>2021-08-06</td>
<td>2021-09-01</td>
<td>2021-09-10</td>
</tr>
<tr>
<td>2021-05-28</td>
<td align="right">4</td>
<td>$0.17</td>
<td>1.38%</td>
<td>2021-05-07</td>
<td>2021-06-01</td>
<td>2021-06-10</td>
</tr>
<tr>
<td>2021-03-09</td>
<td align="right">4</td>
<td>$0.16</td>
<td>1.48%</td>
<td>2021-02-19</td>
<td>2021-03-10</td>
<td>2021-03-19</td>
</tr>
<tr>
<td>2020-11-30</td>
<td align="right">4</td>
<td>$0.16</td>
<td>1.53%</td>
<td>2020-11-06</td>
<td>2020-12-01</td>
<td>2020-12-10</td>
</tr>
</tbody>
</table>
<h3>Analyzing Essent Group Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1694444745_0.png" alt="dividend chart graph" />
From 2020 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.64 in 2020 to $0.86 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
<h3>YoY Earnings Growth For Essent Group</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1694444745_1.png" alt="earning chart graph" />
From 2020 to 2022, Essent Group experienced a growth in earnings per share, with an increase from $5.47 to $7.05. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
<h3>Recap</h3>
In this article, we explore the recent dividend payout of Essent Group and its significance for shareholders. The company has decided to distribute a dividend of $0.25 per share today, which equates to an annualized dividend yield of 1.96%.
With an increase in dividend per share and earnings per share from 2020 to 2022, Essent Group demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
[Click here](<a href="https://www.benzinga.com/stock//dividends" title="https://www.benzinga.com/stock//dividends">https://www.benzinga.com/stock//dividends</a>) to find details on Essent Group's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Essent Group Exceeds Expectations with Strong Performance, Driving Profits and Rewarding Investors

Analysts have provided the following ratings for Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) within the last quarter: 
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the last 3 months, 5 analysts have offered 12-month price targets for Essent Group. The company has an average price target of $55.6 with a high of $59.00 and a low of $50.00. 
Below is a summary of how these 5 analysts rated Essent Group over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock
<img src="https://www.benzinga.com/files/images/story/2023/1691510427_0.png" alt="price target chart" />
This average price target has increased by 7.96% over the past month.
<a href="https://www.benzinga.com/quote/ESNT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Essent Group analyst ratings.</a>
<h1>Analyst Ratings: What Are They?</h1>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

5 Analysts Have This to Say About Essent Group

Goldman Sachs analyst Ryan Nash maintains Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) with a Neutral and raises the price target from $50 to $56.

Goldman Sachs Maintains Neutral on Essent Group, Raises Price Target to $56

JP Morgan analyst Richard Shane maintains Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) with a Overweight and raises the price target from $55 to $58.

JP Morgan Maintains Overweight on Essent Group, Raises Price Target to $58

RBC Capital analyst Mark Dwelle maintains Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) with a Outperform and raises the price target from $51 to $59.

RBC Capital Maintains Outperform on Essent Group, Raises Price Target to $59

BTIG analyst Mark Palmer maintains Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) with a Buy and raises the price target from $50 to $55.

BTIG Maintains Buy on Essent Group, Raises Price Target to $55

Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) reported quarterly earnings of $1.61 per share which beat the analyst consensus estimate of $1.47 by 9.52 percent. This is a 25.46 percent decrease over earnings of $2.16 per share from the same period last year. The company reported quarterly sales of $260.13 million which beat the analyst consensus estimate of $257.02 million by 1.21 percent. This is a 6.43 percent increase over sales of $244.41 million the same period last year.

Essent Group Q2 EPS $1.61 Beats $1.47 Estimate, Sales $260.13M Beat $257.02M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; WPP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPP#NYSE">WPP</a>) is projected to report earnings for its first quarter.
&bull; Anglogold Ashanti (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) is likely to report earnings for its first quarter.
&bull; Petrobras Brasileiro (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBR#NYSE">PBR</a>) is likely to report quarterly earnings at $0.85 per share on revenue of $35.92 billion.
&bull; Creative Realities (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CREX#NASDAQ">CREX</a>) is likely to report quarterly loss at $0.12 per share on revenue of $10.00 million.
&bull; United States Cellular (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USM#NYSE">USM</a>) is likely to report quarterly earnings at $0.21 per share on revenue of $995.64 million.
&bull; TransAlta (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAC#NYSE">TAC</a>) is likely to report quarterly earnings at $0.13 per share on revenue of $416.66 million.
&bull; Precision BioSciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTIL#NASDAQ">DTIL</a>) is estimated to report quarterly loss at $0.23 per share on revenue of $6.58 million.
&bull; Enbridge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>) is expected to report quarterly earnings at $0.51 per share on revenue of $7.49 billion.
&bull; Cinemark Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNK#NYSE">CNK</a>) is estimated to report quarterly earnings at $0.54 per share on revenue of $880.32 million.
&bull; FuboTV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>) is estimated to report quarterly loss at $0.23 per share on revenue of $301.93 million.
&bull; Plains GP Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAGP#NASDAQ">PAGP</a>) is likely to report quarterly earnings at $0.14 per share on revenue of $18.06 billion.
&bull; Frontier Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FYBR#NASDAQ">FYBR</a>) is expected to report quarterly earnings at $0.01 per share on revenue of $1.44 billion.
&bull; DigitalBridge Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBRG#NYSE">DBRG</a>) is estimated to report quarterly earnings at $0.10 per share on revenue of $315.48 million.
&bull; Icahn Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IEP#NASDAQ">IEP</a>) is expected to report quarterly earnings at $0.25 per share on revenue of $2.66 billion.
&bull; Telephone and Data (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDS#NYSE">TDS</a>) is estimated to report quarterly loss at $0.04 per share on revenue of $1.31 billion.
&bull; TELUS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TU#NYSE">TU</a>) is expected to report quarterly earnings at $0.18 per share on revenue of $3.69 billion.
&bull; Barnes &amp; Noble Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNED#NYSE">BNED</a>) is expected to report quarterly loss at $0.60 per share on revenue of $215.94 million.
&bull; Nikola (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKLA#NASDAQ">NKLA</a>) is projected to report quarterly loss at $0.22 per share on revenue of $15.43 million.
&bull; Plains All American (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAA#NASDAQ">PAA</a>) is projected to report quarterly earnings at $0.21 per share on revenue of $16.84 billion.
&bull; Dixie Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXYN#NASDAQ">DXYN</a>) is likely to report earnings for its second quarter.
&bull; Sunstone Hotel Invts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) is likely to report earnings for its second quarter.
&bull; Owens &amp; Minor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>) is projected to report quarterly earnings at $0.16 per share on revenue of $2.48 billion.
&bull; Green Plains (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GPRE#NASDAQ">GPRE</a>) is estimated to report quarterly earnings at $0.05 per share on revenue of $820.33 million.
&bull; Calumet Specialty Prods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLMT#NASDAQ">CLMT</a>) is projected to report quarterly loss at $0.07 per share on revenue of $1.09 billion.
&bull; Brookfield Renewable (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEP#NYSE">BEP</a>) is likely to report quarterly earnings at $0.08 per share on revenue of $798.25 million.
&bull; GrafTech International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAF#NYSE">EAF</a>) is expected to report quarterly loss at $0.01 per share on revenue of $179.54 million.
&bull; Brookfield Renewable (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEPC#NYSE">BEPC</a>) is estimated to report quarterly loss at $0.07 per share on revenue of $1.39 billion.
&bull; E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) is likely to report quarterly loss at $0.11 per share on revenue of $572.50 million.
&bull; Gray Television (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTN#NYSE">GTN</a>) is expected to report quarterly loss at $0.23 per share on revenue of $798.10 million.
&bull; Fisker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSR#NYSE">FSR</a>) is projected to report quarterly loss at $0.31 per share on revenue of $20.40 million.
&bull; Fulgent Genetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLGT#NASDAQ">FLGT</a>) is estimated to report quarterly loss at $0.33 per share on revenue of $62.68 million.
&bull; Rapid Micro Biosystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPID#NASDAQ">RPID</a>) is projected to report quarterly loss at $0.36 per share on revenue of $4.23 million.
&bull; Twist Bioscience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWST#NASDAQ">TWST</a>) is projected to report quarterly loss at $1.14 per share on revenue of $60.71 million.
&bull; American Axle &amp; Mfg Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXL#NYSE">AXL</a>) is projected to report quarterly earnings at $0.08 per share on revenue of $1.56 billion.
&bull; Advantage Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADV#NASDAQ">ADV</a>) is projected to report quarterly earnings at $0.10 per share on revenue of $1.03 billion.
&bull; Amneal Pharmaceuticals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRX#NYSE">AMRX</a>) is expected to report quarterly earnings at $0.10 per share on revenue of $562.49 million.
&bull; ACM Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACMR#NASDAQ">ACMR</a>) is likely to report quarterly earnings at $0.10 per share on revenue of $113.32 million.
&bull; Interface (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TILE#NASDAQ">TILE</a>) is projected to report quarterly earnings at $0.18 per share on revenue of $334.50 million.
&bull; TELUS Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TIXT#NYSE">TIXT</a>) is estimated to report quarterly earnings at $0.15 per share on revenue of $663.11 million.
&bull; Genco Shipping &amp; Trading (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNK#NYSE">GNK</a>) is projected to report quarterly earnings at $0.17 per share on revenue of $60.66 million.
&bull; inTest (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/INTT#AMEX">INTT</a>) is likely to report quarterly earnings at $0.27 per share on revenue of $32.10 million.
&bull; Proto Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRLB#NYSE">PRLB</a>) is expected to report quarterly earnings at $0.30 per share on revenue of $122.12 million.
&bull; Gates Industrial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTES#NYSE">GTES</a>) is estimated to report quarterly earnings at $0.32 per share on revenue of $935.63 million.
&bull; Fluor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) is projected to report quarterly earnings at $0.36 per share on revenue of $3.61 billion.
&bull; PNM Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNM#NYSE">PNM</a>) is likely to report quarterly earnings at $0.50 per share on revenue of $582.11 million.
&bull; Corebridge Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRBG#NYSE">CRBG</a>) is likely to report quarterly earnings at $0.97 per share on revenue of $4.47 billion.
&bull; Global Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLP#NYSE">GLP</a>) is expected to report quarterly earnings at $1.28 per share on revenue of $4.09 billion.
&bull; AdvanSix (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASIX#NYSE">ASIX</a>) is likely to report quarterly earnings at $1.11 per share on revenue of $418.67 million.
&bull; Magna International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGA#NYSE">MGA</a>) is estimated to report quarterly earnings at $1.25 per share on revenue of $10.20 billion.
&bull; Alpha Metallurgical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMR#NYSE">AMR</a>) is projected to report quarterly earnings at $9.32 per share on revenue of $745.00 million.
&bull; RBC Bearings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBC#NYSE">RBC</a>) is estimated to report quarterly earnings at $1.97 per share on revenue of $390.72 million.
&bull; Cboe Global Markets (BATS:<a class="ticker" href="https://www.benzinga.com/stock/CBOE#BATS">CBOE</a>) is estimated to report quarterly earnings at $1.76 per share on revenue of $467.18 million.
&bull; AMC Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMCX#NASDAQ">AMCX</a>) is likely to report quarterly earnings at $1.77 per share on revenue of $717.48 million.
&bull; Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) is likely to report quarterly earnings at $1.47 per share on revenue of $257.02 million.
&bull; Liberty Broadband (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDA#NASDAQ">LBRDA</a>) is likely to report quarterly earnings at $1.57 per share on revenue of $245.84 million.
&bull; Liberty Broadband (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDK#NASDAQ">LBRDK</a>) is expected to report quarterly earnings at $2.40 per share on revenue of $237.90 million.
&bull; IES Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IESC#NASDAQ">IESC</a>) is expected to report earnings for its third quarter.
&bull; Liberty SiriusXM Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSXMK#NASDAQ">LSXMK</a>) is estimated to report quarterly earnings at $0.99 per share on revenue of $2.26 billion.
&bull; Liberty SiriusXM Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSXMA#NASDAQ">LSXMA</a>) is estimated to report quarterly earnings at $0.99 per share on revenue of $2.26 billion.
&bull; Liberty Formula One Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWONA#NASDAQ">FWONA</a>) is estimated to report quarterly earnings at $0.10 per share on revenue of $725.10 million.
&bull; Liberty Formula One Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWONK#NASDAQ">FWONK</a>) is likely to report quarterly earnings at $0.05 per share on revenue of $745.36 million.
&bull; Evergy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVRG#NASDAQ">EVRG</a>) is estimated to report quarterly earnings at $0.79 per share on revenue of $1.24 billion.
&bull; LyondellBasell Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>) is projected to report quarterly earnings at $2.29 per share on revenue of $10.40 billion.
&bull; XPO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPO#NYSE">XPO</a>) is estimated to report quarterly earnings at $0.61 per share on revenue of $1.93 billion.
&bull; PPL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>) is estimated to report quarterly earnings at $0.32 per share on revenue of $1.73 billion.
&bull; Dominion Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/D#NYSE">D</a>) is estimated to report quarterly earnings at $0.48 per share on revenue of $3.67 billion.
&bull; Element Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESI#NYSE">ESI</a>) is likely to report quarterly earnings at $0.03 per share on revenue of $427.45 million.
&bull; Tennant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>) is estimated to report quarterly earnings at $1.16 per share on revenue of $291.67 million.
&bull; Natural Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRP#NYSE">NRP</a>) is expected to report earnings for its second quarter.
&bull; Rand Capital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAND#NASDAQ">RAND</a>) is estimated to report earnings for its second quarter.
&bull; Brookfield Bus Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBU#NYSE">BBU</a>) is estimated to report earnings for its second quarter.
&bull; Green Plains Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GPP#NASDAQ">GPP</a>) is expected to report earnings for its second quarter.
&bull; Marcus &amp; Millichap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMI#NYSE">MMI</a>) is expected to report quarterly loss at $0.23 per share on revenue of $151.50 million.
&bull; Atlanta Braves Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BATRA#NASDAQ">BATRA</a>) is estimated to report quarterly earnings at $0.49 per share on revenue of $276.90 million.
&bull; Liberty TripAdvisor Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRPA#NASDAQ">LTRPA</a>) is expected to report earnings for its second quarter.
&bull; Atlanta Braves Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BATRK#NASDAQ">BATRK</a>) is likely to report quarterly earnings at $0.49 per share on revenue of $275.30 million.
&bull; Qurate Retail (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRTEA#NASDAQ">QRTEA</a>) is expected to report quarterly earnings at $0.11 per share on revenue of $2.71 billion.
&bull; Qurate Retail (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRTEB#NASDAQ">QRTEB</a>) is estimated to report earnings for its second quarter.
<h3>Companies Reporting After The Bell</h3>
&bull; Ideanomics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDEX#NASDAQ">IDEX</a>) is expected to report earnings for its first quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

ACMR

AMRX

ASIX

BATRA

BATRK

BEPC

BNED

CBOE

CLMT

CRBG

CREX

DBRG

DTIL

DXYN

EVRG

FLGT

FUBO

FWONA

FWONK

FYBR

GPRE

GTES

IDEX

IESC

INTT

LBRDA

LBRDK

LSXMA

LSXMK

LTRPA

NKLA

QRTEA

QRTEB

RAND

RPID

TILE

TWST

Earnings Scheduled For August 4, 2023

Baron Growth Fund Q4 2023 Shareholder Letter

Essent Group Ltd (ESNT) leads the Insurance - Specialty industry with an overall score of 75. ESNT is up 23.29% so far this year after the company closed yesterday at $53.57.  The overall score measures the company's performance based-off both short and long term indicators and means that ESNT scores better than 75% of the

Is Essent Group Ltd (ESNT) the Top Pick in the Insurance - Specialty Industry?

Essent Group Ltd (ESNT) leads the Insurance - Specialty industry with an overall score of 72. ESNT is up 22.67% so far this year after the company closed yesterday at $53.57.  The overall score measures the company's performance based-off both short and long term indicators and means that ESNT scores better than 72% of the

Essent Group Ltd (ESNT) Is the Top Stock in the Insurance - Specialty Industry?

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Essent Group Ltd (ESNT) is the highest overall rated company in the Insurance - Specialty industry with an overall score of 79. ESNT is up 44.27% so far this year after the company closed yesterday at $55.86.  The overall score measures the company's performance based-off both short and long term indicators and means that

Essent Group Ltd (ESNT) leads the Insurance - Specialty industry with an overall score of 77. ESNT is up 46.09% so far this year after the company closed yesterday at $57.59.  The overall score measures the company's performance based-off both short and long term indicators and means that ESNT scores better than 77% of the