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Essent Group Ltd   (ESNT)
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Essent Group Ltd

ESNT's Financial Statements and Analysis



Essent Group Ltd reported in the forth quarter of 2023 net earnings per share of $1.65 an increase by 19.41 % year on year from $1.38 and decline of -0.81 % from $1.66 earned in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 1.65 $  297 Mill
$+0.27     +19.41 % $+67M     +29.23 %



Essent Group Ltd 's Revenue rose by 29.23 % in forth quarter of 2023 (Dec 31 2023) year on year, to $297 million and advanced by 0.39 % sequentially.


Essent Group Ltd is

More on ESNT's Income Statement



Essent Group Ltd 's net income of $175.367 million in the forth quarter of 2023 increased by 19 % from net earnings of $147.366 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -1.46 % from net income of $177.959 million realized in previous quarter.

More on ESNT's Growth

Essent Group Ltd Inventories
ESNT's Cash flow In the forth quarter of 2023 company's net cash flow was $45 million, capital expenditures fell by -1.4746.87%, to $-2 millions compare to same quarter a year ago

More on ESNT's Cash flow Statement


Essent Group Ltd payed out dividend of $0.99 per share in last 52 weeks representing 15.21 % of net earning per share in trailing twelve-month period.

During the same period Essent Group Ltd earned $ 7.12 cash per share, on a free-cash flow basis 109.4 % of net earning per share.

Book value grew by 6.02 % sequentially to $47.63 per share, 95.12% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 46.95 per share from $ 44.32.

Company issued 0.11 million shares or 0.10 % in Dec 31 2023.
Interest Coverage Ratio was 28.31. Debt Coverage Ratio was 2.02.

More on ESNT's Dividends

 Market Capitalization (Millions) 5,928
 Shares Outstanding (Millions) 107
 Total Debt (Millions $) 422
 Revenue (TTM) (Millions $) 1,110
 Net Income (TTM) (Millions $) 696
 Cash Flow (TTM) (Millions $) 61
 Capital Exp. (TTM) (Millions $) -4
 Dividend TTM ($) 0.99 $
 Dividend Yield TTM (%) 1.79 %
 Employees (TTM) $ 366




Essent Group Ltd payed out dividend of $0.99 per share in the last 52 weeks representing 15.21 % of net earning per share in trailing twelve-month period.

During the same period Essent Group Ltd had $ 7.12 cash flow per share, on a free-cash flow basis 109.4 % of net earning per share.

Book value grew by 6.02 % sequentially to $47.63 per share, 95.12% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 46.95 per share from $ 44.32.

Company issued 0.11 million shares or 0.10 % in Dec 31 2023.
Interest Coverage Ratio was 28.31. Debt Coverage Ratio was 2.02.

More on ESNT's Balance Sheets

 Market Capitalization (Millions) 5,928
 Shares Outstanding (Millions) 107
 Total Debt (Millions $) 422
 Revenue (TTM) (Millions $) 1,110
 Net Income (TTM) (Millions $) 696
 Cash Flow (TTM) (Millions $) 61
 Capital Exp. (TTM) (Millions $) -4
 Dividend TTM ($) 0.99 $
 Dividend Yield TTM (%) 1.79 %
 Employees (TTM) $ 366
   


  News about Essent Group Ltd Earnings

ESNT Achieves Impressive 19.41% Surge in Double Digit Earnings per Share during Q4 2023!

Essent Group Ltd, a leading provider of private mortgage insurance, has seen significant fluctuations in its share price over the past month. In February 2024, Essent Group Ltd shares dropped by -6.13%, causing concern among investors. However, when compared to the same time last year, Essent Group Ltd shares have improved by 22.25%, showing long-term growth potential.
One of the key factors contributing to the recent drop in share price is the company's fourth-quarter financial results. Essent Group Ltd reported outstanding revenue growth of 29.23% to $297.28 million, outperforming many of its competitors in the Property and Casualty Insurance industry. Net income also increased by 19.41% to $1.65 per s...

Essent Group Ltd Maintains Stable Earnings per Share During July to September 30, 2023, Cementing Its Position in the Property & Casualty Insurance Industry

Essent Group Ltd: A Promising Player in the Property and Casualty Insurance Industry
Essent Group Ltd, a leading provider of private mortgage insurance and mortgage credit risk management solutions, continues to showcase its strong performance in the market. The company recently released its financial results for the quarter ending on September 30, 2023, highlighting the positive growth and stability it has achieved.
During the specified period, Essent Group Ltd reported an income per share of $1.66, which remained unchanged compared to the previous year. However, it is worth noting that the income improved by 3.11% from the previous quarter, indicating a steady growth trajectory. This consistency is...

Essent Group Ltd's Resilience Shines Through Amidst Challenging Second Quarter Results

Investors Eye Potential in Essent Group Ltd Amid Mixed Results
The stock market experienced some turbulence recently when Essent Group Ltd, a prominent player in the insurance industry, revealed a decline in earnings per share and a slight decrease in revenue for the April to June 30, 2023 period. However, there are several compelling factors that suggest the company is still poised for success and growth.
During the aforementioned period, earnings per share dropped by 36.11% to $1.61, while revenue decreased by 1.694% to $260.13 million, compared to the same period the previous year. These figures may seem worrisome at first glance, but when considering the situation from a broader perspective, it b...

Essent Group Ltd Faces Challenges Despite Slight Improvement in ROI

Essent Group Ltd, a financial company, announced its return on average invested assets (ROI) in the first quarter of 2023 as 15.99%, surpassing its average return on investment of 15.34%. However, the ROI decreased compared to the period that ended on September 30, 2022, due to a decline in net income.
In the financial sector, 22 other companies had a higher return on investment, and Essent Group Ltd's total ranking deteriorated from 0 to 334 compared to the third quarter of 2022. Unfortunately, the company reported disappointing recent numbers, with earnings per share decreasing by -3.36% to $1.59 from $1.65, and revenue decli...


Date modified: 2024-02-16T22:34:51+00:00





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