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Essent Group Stock

Essent Group P/E 2024

Essent Group P/E

8.1

Ticker

ESNT

ISIN

BMG3198U1027

WKN

A1W6VY

As of Sep 27, 2024, Essent Group's P/E ratio was 8.1, a 17.05% change from the 6.92 P/E ratio recorded in the previous year.

The Essent Group P/E history

Essent Group Aktienanalyse

What does Essent Group do?

Essent Group Ltd. is an international company specializing in mortgage insurance. It was founded in 2008 and is headquartered in Hamilton, Bermuda. The company is listed on the New York Stock Exchange under the ticker symbol ESNT. Essent's business model is to provide mortgage insurance to banks and lenders. These insurances protect loans from defaults by borrowers, minimizing the risk for the bank and allowing them to lend to higher-risk borrowers. Essent offers various insurance products specializing in specific types of loans and risks. For example, they provide insurance for prime mortgages, as well as higher-risk loans like subprime loans. In addition, Essent also offers other insurance services, such as reinsurance, where they assume the risk of another insurance company by insuring against losses due to a claim. Essent has experienced strong growth in recent years, especially in the USA and Canada. The company has managed to establish itself and secure a significant market share in a highly competitive market. An important factor contributing to Essent's success is its advanced technology. Their risk management system utilizes artificial intelligence to assess risks and make decisions within seconds. This enables Essent to quickly adapt to market changes and adjust their offerings accordingly. Essent is also committed to social responsibility. The company believes that education is an important factor for individuals' success and well-being. As a result, Essent has established a foundation aimed at providing better educational opportunities for children from disadvantaged families. Overall, Essent has experienced impressive growth in recent years and has become a leading provider of mortgage insurance. The company is distinguished by its state-of-the-art technology, wide range of insurance products, and commitment to improving education. Essent Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Essent Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Essent Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Essent Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Essent Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Essent Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Essent Group stock

What is the price-to-earnings ratio of Essent Group?

The price-earnings ratio of Essent Group is currently 8.1.

How has the price-earnings ratio of Essent Group changed compared to last year?

The price-to-earnings ratio of Essent Group has increased by 17.05% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Essent Group high compared to other companies?

Yes, the price-to-earnings ratio of Essent Group is high compared to other companies.

How does an increase in the price-earnings ratio of Essent Group affect the company?

An increase in the price-earnings ratio of Essent Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Essent Group affect the company?

A decrease in the price-earnings ratio of Essent Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Essent Group?

Some factors that influence the price-earnings ratio of Essent Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Essent Group pay?

Over the past 12 months, Essent Group paid a dividend of 1 USD . This corresponds to a dividend yield of about 1.58 %. For the coming 12 months, Essent Group is expected to pay a dividend of 1.16 USD.

What is the dividend yield of Essent Group?

The current dividend yield of Essent Group is 1.58 %.

When does Essent Group pay dividends?

Essent Group pays a quarterly dividend. This is distributed in the months of December, April, June, September.

How secure is the dividend of Essent Group?

Essent Group paid dividends every year for the past 8 years.

What is the dividend of Essent Group?

For the upcoming 12 months, dividends amounting to 1.16 USD are expected. This corresponds to a dividend yield of 1.84 %.

In which sector is Essent Group located?

Essent Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Essent Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Essent Group from 9/10/2024 amounting to 0.28 USD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

When did Essent Group pay the last dividend?

The last dividend was paid out on 9/10/2024.

What was the dividend of Essent Group in the year 2023?

In the year 2023, Essent Group distributed 0.86 USD as dividends.

In which currency does Essent Group pay out the dividend?

The dividends of Essent Group are distributed in USD.

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Andere Kennzahlen von Essent Group

Our stock analysis for Essent Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Essent Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.