Essent Group Ltd. (ESNT) To Go Ex-Dividend on December 1st

Essent Group Ltd. (NYSE:ESNT – Get Free Report) announced a quarterly dividend on Friday, November 6th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.35 per share by the financial services provider on Thursday, December 10th. This represents a $1.40 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, December 1st.

Essent Group has raised its dividend by an average of 0.1% annually over the last three years and has increased its dividend annually for the last 6 consecutive years. Essent Group has a payout ratio of 19.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Essent Group to earn $7.77 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 18.0%.

Essent Group Stock Performance

Shares of Essent Group stock opened at $63.36 on Friday. The firm has a market cap of $5.69 billion, a price-to-earnings ratio of 8.66, a price-to-earnings-growth ratio of 1.59 and a beta of 0.71. The stock’s 50-day moving average is $65.58 and its 200-day moving average is $63.09. Essent Group has a one year low of $55.34 and a one year high of $71.84. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.18 and a quick ratio of 1.18.

Essent Group (NYSE:ESNT – Get Free Report) last posted its quarterly earnings data on Friday, November 6th. The financial services provider reported $1.82 earnings per share for the quarter, missing the consensus estimate of $1.85 by ($0.03). The firm had revenue of $374.18 million for the quarter, compared to analyst estimates of $344.17 million. Essent Group had a return on equity of 11.91% and a net margin of 51.45%. During the same period in the prior year, the company earned $1.67 earnings per share. Equities analysts predict that Essent Group will post 7.58 earnings per share for the current fiscal year.

Key Stories Impacting Essent Group

Here are the key news stories impacting Essent Group this week:

  • Positive Sentiment: Essent authorized a new $500 million share repurchase plan, which could support per-share results and return capital to shareholders. The company also declared a quarterly dividend of $0.35 per share. Essent outlines premiums and share repurchase plan Essent declares dividend
  • Positive Sentiment: Third-quarter revenue was $374.2 million, above analysts’ roughly $344.2 million estimate. EPS also rose year over year, to $1.82 from $1.67. Essent posts better-than-expected sales
  • Positive Sentiment: Essent outlined approximately $320 million in 2026 property-and-casualty written premiums, pointing to activity beyond its core mortgage insurance business. Essent outlines 2026 premiums
  • Negative Sentiment: EPS of $1.82 missed consensus estimates of $1.85–$1.88. The modest shortfall may have overshadowed the revenue beat and year-over-year earnings growth. Essent lags Q3 earnings estimates

About Essent Group

(Get Free Report)

Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company that provides private mortgage insurance and related risk-management services in the United States. Through its operating subsidiaries, the company helps protect mortgage lenders and investors against losses when borrowers default on residential mortgage loans.

Its principal business is mortgage insurance for low-down-payment conventional residential mortgages, enabling qualified borrowers to obtain home financing with less than a 20% down payment.

Further Reading

Dividend History for Essent Group (NYSE:ESNT)

Receive News & Ratings for Essent Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Essent Group and related companies with MarketBeat.com's FREE daily email newsletter.