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ESNT

Essent Group Ltd

$55.97

Earnings Summary

Revenue
$293.44Mn
Net Profits
$181.72Mn
Net Profit Margins
61.93%
PE Ratio
8.47

Highlights

Revenue:

Essent Group Ltd’s revenue jumped 13.32% since last year same period to $293.44Mn in the Q1 2024. On a quarterly growth basis, Essent Group Ltd has generated 0.34% jump in its revenue since last 3-months.

Net Profits:

Essent Group Ltd’s net profit jumped 6.38% since last year same period to $181.72Mn in the Q1 2024. On a quarterly growth basis, Essent Group Ltd has generated 3.62% jump in its net profits since last 3-months.

Net Profit Margins:

Essent Group Ltd’s net profit margin fell -6.13% since last year same period to 61.93% in the Q1 2024. On a quarterly growth basis, Essent Group Ltd has generated 3.27% jump in its net profit margins since last 3-months.

PE Ratio:

Essent Group Ltd’s price-to-earnings ratio after this Q1 2024 earnings stands at 8.47.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Essent Group Ltd post its latest quarter earnings

EPS Estimate Current Quarter
1.68
EPS Estimate Current Year
1.68

Highlights

EPS Estimate Current Quarter:

Essent Group Ltd’s earning per share (EPS) estimates for the current quarter stand at 1.68 - a 5.66% jump from last quarter’s estimates.

EPS Estimate Current Year:

Essent Group Ltd’s earning per share (EPS) estimates for the current year stand at 1.68.

Key Ratios

Key ratios of the Essent Group Ltd post its Q1 2024 earnings

Earning Per Share (EPS)
1.7
Return on Assets (ROA)
0.09
Return on Equity (ROE)
0.14
Dividend Per Share (DPS)
0.28

Highlights

Earning Per Share (EPS):

Essent Group Ltd’s earning per share (EPS) jumped 6.92% since last year same period to 1.7 in the Q1 2024. This indicates that the Essent Group Ltd has generated 6.92% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Essent Group Ltd’s return on assets (ROA) stands at 0.09.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Essent Group Ltd’s return on equity (ROE) stands at 0.14.

Dividend Per Share (DPS):

Essent Group Ltd declared 0.28 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-07
1.59
1.7
6.92%