MGIC: Mortgage Insurers Sobering Up [Seeking Alpha]
Essent Group Ltd. Common Shares (ESNT)
Last essent group ltd. common shares earnings: 2/14 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
ir.essentgroup.com/investors/default.aspx
Company Research
Source: Seeking Alpha
SummaryThe pandemic obviously changes the mortgage insurers' (MGIC, Radian, Essent and NMI) story materially.To get a handle on new reasonable price targets, I employ a New Age valuation tool - price/revenues.Based on this tool, mortgage insurer valuations are way down from my pre-pandemic view.I’ve been a big fan, and big owner of mortgage insurance stocks MGIC (MTGRDNESNTNMIH$25 price targetThen came the pandemic. Throw out the $25 price target and start all over again.My last pieceApplying a New Age valuation tool to a traditional businessWe buy stocks to get access to their earnings, so using a price/earnings ratio is the standard valuation tool. But in the New Age, some companies are willing and even eager to delay earnings to pursue revenue growth and market share. These companies are therefore often valued on a price/sales ratio.The mortgage insurers are going to be in the same boat as the New Age companies for a few years. Their revenues will be reasonably predictable, but los
Show less
Read more
Impact Snapshot
Event Time:
ESNT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ESNT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ESNT alerts
High impacting Essent Group Ltd. Common Shares news events
Weekly update
A roundup of the hottest topics
ESNT
News
- Essent Group Ltd. Announces First Quarter 2024 Results and Declares Quarterly DividendBusiness Wire
- Essent Group Q1 2024 Earnings Preview [Seeking Alpha]Seeking Alpha
- Essent Group (ESNT) Expected to Beat Earnings Estimates: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- 5 Low P/E Dividend Paying Russell 2000 Small Caps [Forbes]Forbes
- Essent Group Ltd. Schedules First Quarter Earnings Conference Call for May 3, 2024Business Wire
ESNT
Earnings
- 2/9/24 - Beat
ESNT
Sec Filings
- 3/29/24 - Form ARS
- 3/29/24 - Form DEF
- 3/26/24 - Form 4
- ESNT's page on the SEC website