Essent Group Future Growth

Future criteria checks 1/6

Essent Group is forecast to grow earnings and revenue by 2% and 8.5% per annum respectively. EPS is expected to grow by 3.7% per annum. Return on equity is forecast to be 12.5% in 3 years.

Key information

2.0%

Earnings growth rate

3.7%

EPS growth rate

Diversified Financial earnings growth	-3.5%
Revenue growth rate	8.5%
Future return on equity	12.5%
Analyst coverage	Good
Last updated	16 Apr 2024

Recent future growth updates

Recent updates

Why We Think Essent Group Ltd.'s (NYSE:ESNT) CEO Compensation Is Not Excessive At All

Apr 26

The Market Doesn't Like What It Sees From Essent Group Ltd.'s (NYSE:ESNT) Earnings Yet

Mar 24

Most Shareholders Will Probably Find That The CEO Compensation For Essent Group Ltd. (NYSE:ESNT) Is Reasonable

Apr 29

Here's What We Like About Essent Group's (NYSE:ESNT) Upcoming Dividend

Mar 04

Earnings and Revenue Growth Forecasts

NYSE:ESNT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,410	N/A	N/A	N/A	2
12/31/2025	1,316	732	N/A	N/A	6
12/31/2024	1,215	695	N/A	N/A	7
3/31/2024	1,118	707	N/A	N/A	N/A
12/31/2023	1,085	696	759	763	N/A
9/30/2023	1,029	668	717	720	N/A
6/30/2023	1,008	668	694	697	N/A
3/31/2023	992	728	589	593	N/A
12/31/2022	1,001	831	585	589	N/A
9/30/2022	1,028	865	604	608	N/A
6/30/2022	1,049	892	610	613	N/A
3/31/2022	1,048	820	699	702	N/A
12/31/2021	1,029	682	707	709	N/A
9/30/2021	1,019	624	695	698	N/A
6/30/2021	978	544	720	722	N/A
3/31/2021	971	399	750	753	N/A
12/31/2020	955	413	725	728	N/A
9/30/2020	937	436	711	714	N/A
6/30/2020	920	456	668	670	N/A
3/31/2020	896	578	611	614	N/A
12/31/2019	868	556	586	590	N/A
9/30/2019	832	537	561	564	N/A
6/30/2019	791	509	544	548	N/A
3/31/2019	752	484	538	542	N/A
12/31/2018	719	467	621	625	N/A
9/30/2018	687	501	599	603	N/A
6/30/2018	653	464	564	567	N/A
3/31/2018	616	424	510	513	N/A
12/31/2017	577	380	N/A	369	N/A
9/30/2017	542	280	N/A	327	N/A
6/30/2017	513	261	N/A	296	N/A
3/31/2017	483	241	N/A	284	N/A
12/31/2016	458	223	N/A	275	N/A
9/30/2016	429	204	N/A	265	N/A
6/30/2016	400	186	N/A	257	N/A
3/31/2016	376	170	N/A	245	N/A
12/31/2015	353	157	N/A	227	N/A
9/30/2015	329	142	N/A	211	N/A
6/30/2015	301	126	N/A	198	N/A
3/31/2015	272	108	N/A	188	N/A
12/31/2014	239	88	N/A	154	N/A
9/30/2014	209	26	N/A	131	N/A
6/30/2014	181	16	N/A	116	N/A
3/31/2014	156	21	N/A	117	N/A
12/31/2013	131	13	N/A	119	N/A
9/30/2013	107	47	N/A	108	N/A
6/30/2013	85	30	N/A	81	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ESNT's forecast earnings growth (2% per year) is below the savings rate (2.4%).

Earnings vs Market: ESNT's earnings (2% per year) are forecast to grow slower than the US market (14.1% per year).

High Growth Earnings: ESNT's earnings are forecast to grow, but not significantly.

Revenue vs Market: ESNT's revenue (8.5% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: ESNT's revenue (8.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ESNT's Return on Equity is forecast to be low in 3 years time (12.5%).

Essent Group Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 10% to US$55.56

Consensus EPS estimates increase by 19%

Recent updates

First quarter 2024 earnings: EPS exceeds analyst expectations

Why We Think Essent Group Ltd.'s (NYSE:ESNT) CEO Compensation Is Not Excessive At All

Essent Group Ltd. to Report Q1, 2024 Results on May 03, 2024

Essent Group Ltd., Annual General Meeting, May 01, 2024

The Market Doesn't Like What It Sees From Essent Group Ltd.'s (NYSE:ESNT) Earnings Yet

Upcoming dividend of US$0.28 per share

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Essent Group Ltd Declares Quarterly Cash Dividend, Payable on March 22, 2024

Chief Risk Officer & Senior VP recently sold US$712k worth of stock

Chief Risk Officer & Senior VP notifies of intention to sell stock

Essent Group Ltd. to Report Q4, 2023 Results on Feb 09, 2024

Senior VP recently sold US$436k worth of stock

Essent: Still Worried About Unemployment

Upcoming dividend of US$0.25 per share at 2.1% yield

Essent Group Ltd. (NYSE:ESNT) announces an Equity Buyback for $250 million worth of its shares.

Third quarter 2023 earnings released: EPS: US$1.68 (vs US$1.67 in 3Q 2022)

Essent Group Ltd. to Report Q3, 2023 Results on Nov 02, 2023

Senior VP recently sold US$747k worth of stock

Essent Group: Insurances Grow And So Does The Buy Case

Senior VP notifies of intention to sell stock

Upcoming dividend of US$0.25 per share at 2.0% yield

Price target increased by 10% to US$55.56

Essent Group Ltd. Declares Quarterly Cash Dividend, Payable on September 11, 2023

Second quarter 2023 earnings released: EPS: US$1.62 (vs US$2.17 in 2Q 2022)

Chief Risk Officer & Senior VP recently sold US$505k worth of stock

Essent Group Ltd. to Report Q2, 2023 Results on Aug 04, 2023

Upcoming dividend of US$0.25 per share at 2.3% yield

Essent Group Ltd. Declares Quarterly Cash Dividend, Payable on June 12, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

With EPS Growth And More, Essent Group (NYSE:ESNT) Makes An Interesting Case

Chairman exercised options and sold US$186k worth of stock

Upcoming dividend of US$0.25 per share at 2.3% yield

Independent Director recently sold US$109k worth of stock

Essent Group (NYSE:ESNT) Is Increasing Its Dividend To $0.25

Full year 2022 earnings: EPS and revenues miss analyst expectations

Essent Group Ltd. Declares Quarterly Cash Dividend, Payable on March 20, 2023

Essent Group raises dividend to $0.25/share

Essent Group Ltd. to Report Q4, 2022 Results on Feb 10, 2023

Essent's Catalyst Is The End To Economic Uncertainty

Upcoming dividend of US$0.23 per share

Independent Director recently sold US$235k worth of stock

Insufficient new directors

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Essent Group Ltd. Also Declares Quarterly Cash Dividend, Payable on December 12, 2022

Essent Group Q3 2022 Earnings Preview

Essent Group Ltd. to Report Q3, 2022 Results on Nov 04, 2022

Essent Group Ltd. Appoints Anu (Henna) A. Karna to its Board of Directors

Essent Group's (NYSE:ESNT) Upcoming Dividend Will Be Larger Than Last Year's

Essent In A Tough Industry, Underwriting Will Slow

Upcoming dividend of US$0.22 per share

Independent Director recently sold US$252k worth of stock

Essent Group (NYSE:ESNT) Is Increasing Its Dividend To $0.22

Essent Group Ltd. Declares Quarterly Cash Dividend, Payable on September 12, 2022

Second quarter 2022 earnings released: EPS: US$2.17 (vs US$1.43 in 2Q 2021)

Essent Group GAAP EPS of $2.16 beats by $0.66, revenue of $244.4M in-line

Essent Group Ltd. to Report Q2, 2022 Results on Aug 05, 2022

Essent Group Ltd. Announces Executive Changes

Investor sentiment deteriorated over the past week

Essent Benefits From Housing Strength But Still Risky

Independent Director recently sold US$100k worth of stock

Upcoming dividend of US$0.21 per share

Consensus EPS estimates increase by 19%

Essent Group (NYSE:ESNT) Is Increasing Its Dividend To US$0.21

Essent Group Ltd. (NYSE:ESNT) announces an Equity Buyback for $250 million worth of its shares.

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

Essent Group Ltd. to Report Q1, 2022 Results on May 06, 2022

Chairman exercised options and sold US$161k worth of stock

Upcoming dividend of US$0.20 per share

Essent Group (NYSE:ESNT) Is Increasing Its Dividend To US$0.20

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Essent Group Ltd. Declares Quarterly Cash Dividend, Payable on March 21, 2022

Chairman notifies of intention to sell stock