Essent Group (ESNT) Stock Forecast, Price Target & Predictions
ESNT Stock Forecast
Essent Group stock forecast is as follows: an average price target of $73.75 (represents a 32.38% upside from ESNT’s last price of $55.71) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
ESNT Price Target
The average price target for Essent Group (ESNT) is $73.75 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $130.00 to $44.00. This represents a potential 32.38% upside from ESNT's last price of $55.71.
ESNT Analyst Ratings
According to 6 Wall Street analysts, Essent Group's rating consensus is 'Buy'. The analyst rating breakdown for ESNT stock is 0 'Strong Buy' (0.00%), 4 'Buy' (66.67%), 2 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Essent Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | Jeffrey Zekauskas | J.P. Morgan | $130.00 | $58.12 | 123.68% | 133.35% |
| Aug 05, 2024 | Mark Dwelle | RBC Capital | $67.00 | $59.95 | 11.76% | 20.27% |
| May 06, 2024 | Mark Dwelle | RBC Capital | $61.00 | $54.54 | 11.84% | 9.50% |
| Jan 05, 2023 | Ryan Nash | Goldman Sachs | $44.00 | $39.51 | 11.36% | -21.02% |
| Aug 05, 2022 | Ryan Gilbert | BTIG | $54.00 | $42.83 | 26.08% | -3.07% |
The latest Essent Group stock forecast, released on Aug 05, 2024 by Jeffrey Zekauskas from J.P. Morgan, set a price target of $130.00, which represents a 123.68% increase from the stock price at the time of the forecast ($58.12), and a 133.35% increase from ESNT last price ($55.71).
Essent Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $86.00 |
| Last Closing Price | $55.71 | $55.71 | $55.71 |
| Upside/Downside | -100.00% | -100.00% | 54.37% |
In the current month, the average price target of Essent Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Essent Group's last price of $55.71. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 08, 2024 | Barclays | Overweight | Overweight | Hold |
| Aug 05, 2024 | Keefe, Bruyette & Woods | - | Outperform | Upgrade |
| Aug 05, 2024 | BTIG | Buy | Buy | Hold |
| Aug 05, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 09, 2024 | Barclays | Overweight | Overweight | Hold |
| May 21, 2024 | UBS | Neutral | Neutral | Hold |
| May 06, 2024 | BTIG | Buy | Buy | Hold |
| May 06, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Apr 05, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jan 05, 2023 | Goldman Sachs | - | Neutral | Downgrade |
Essent Group's last stock rating was published by Barclays on Oct 08, 2024. The company gave ESNT a "Overweight" rating, the same as its previous rate.
Essent Group Financial Forecast
Essent Group Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $299.25M | $264.98M | $258.95M | $237.64M | $252.15M | $242.46M | $239.91M | $256.92M | $283.54M | $243.26M | $244.80M | $247.20M | $243.04M | $236.08M | $228.84M | $228.76M | $226.39M |
| Avg Forecast | $337.58M | $336.20M | $332.21M | $325.77M | $329.70M | $330.58M | $324.65M | $316.44M | $313.64M | $316.80M | $308.33M | $298.69M | $286.18M | $265.48M | $262.07M | $250.26M | $248.48M | $244.57M | $241.09M | $240.79M | $241.63M | $242.93M | $239.38M | $243.77M | $248.17M | $241.48M | $221.83M | $227.93M | $226.90M | $216.35M |
| High Forecast | $345.27M | $343.86M | $339.78M | $333.19M | $337.21M | $338.11M | $332.04M | $326.54M | $321.08M | $317.74M | $308.33M | $298.69M | $301.61M | $270.89M | $268.04M | $255.96M | $254.14M | $244.57M | $241.09M | $240.79M | $241.63M | $242.93M | $239.38M | $243.77M | $248.17M | $241.48M | $221.83M | $227.93M | $226.90M | $216.35M |
| Low Forecast | $329.44M | $328.10M | $324.20M | $317.92M | $321.76M | $322.61M | $316.82M | $306.33M | $306.19M | $315.87M | $308.33M | $298.69M | $270.73M | $257.40M | $255.75M | $244.23M | $242.49M | $244.57M | $241.09M | $240.79M | $241.63M | $242.93M | $239.38M | $243.77M | $248.17M | $241.48M | $221.83M | $227.93M | $226.90M | $216.35M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 1.01% | 1.03% | 0.96% | 1.03% | 1.01% | 1.00% | 1.06% | 1.17% | 1.02% | 1.00% | 1.00% | 1.01% | 1.06% | 1.00% | 1.01% | 1.05% |
Essent Group's average Quarter revenue forecast for Dec 23 based on 2 analysts is $286.18M, with a low forecast of $270.73M, and a high forecast of $301.61M. ESNT's average Quarter revenue forecast represents a -4.37% decrease compared to the company's last Quarter revenue of $299.25M (Sep 23).
Essent Group EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $203.83M | $201.21M | $208.23M | $198.18M | $216.11M | $279.44M | $331.43M | $219.92M | $249.60M | $193.36M | $171.10M | $149.11M | $151.44M | $22.24M | $179.71M | $177.60M | $175.75M |
| Avg Forecast | $266.69M | $265.61M | $262.45M | $257.36M | $260.47M | $261.16M | $256.48M | $249.99M | $247.78M | $250.28M | $243.59M | $242.24M | $226.08M | $209.73M | $207.04M | $220.22M | $210.21M | $152.09M | $149.92M | $174.08M | $150.26M | $151.07M | $148.86M | $171.10M | $154.33M | $150.17M | $137.95M | $169.72M | $141.10M | $134.54M |
| High Forecast | $272.77M | $271.65M | $268.43M | $263.23M | $266.41M | $267.11M | $262.32M | $257.97M | $253.66M | $251.02M | $243.59M | $290.68M | $238.27M | $214.01M | $211.76M | $264.26M | $252.25M | $152.09M | $149.92M | $208.90M | $150.26M | $151.07M | $148.86M | $205.32M | $154.33M | $150.17M | $137.95M | $203.67M | $141.10M | $134.54M |
| Low Forecast | $260.26M | $259.20M | $256.13M | $251.16M | $254.19M | $254.87M | $250.29M | $242.01M | $241.90M | $249.54M | $243.59M | $193.79M | $213.89M | $203.35M | $202.05M | $176.17M | $168.17M | $152.09M | $149.92M | $139.27M | $150.26M | $151.07M | $148.86M | $136.88M | $154.33M | $150.17M | $137.95M | $135.78M | $141.10M | $134.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.97% | 0.95% | 0.94% | 1.42% | 1.86% | 1.90% | 1.46% | 1.65% | 1.30% | 1.00% | 0.97% | 1.01% | 0.16% | 1.06% | 1.26% | 1.31% |
2 analysts predict ESNT's average Quarter EBITDA for Dec 23 to be $226.08M, with a high of $238.27M and a low of $213.89M. This is 10.92% upper than Essent Group's previous annual EBITDA (Sep 23) of $203.83M.
Essent Group Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $177.96M | $172.23M | $170.83M | $147.37M | $178.05M | $231.77M | $274.17M | $180.99M | $205.35M | $159.79M | $135.65M | $123.60M | $124.54M | $15.38M | $149.52M | $146.96M | $144.63M |
| Avg Forecast | $188.39M | $187.20M | $186.48M | $182.17M | $185.71M | $186.58M | $187.15M | $182.34M | $175.69M | $184.11M | $179.00M | $200.39M | $169.46M | $167.09M | $160.55M | $182.17M | $173.00M | $160.67M | $162.54M | $144.01M | $149.45M | $144.34M | $135.00M | $135.65M | $130.39M | $103.61M | $49.95M | $141.22M | $153.86M | $147.35M |
| High Forecast | $193.97M | $192.75M | $192.00M | $187.56M | $191.21M | $192.10M | $192.69M | $192.59M | $189.21M | $184.79M | $179.00M | $240.46M | $173.73M | $176.67M | $165.31M | $218.60M | $207.60M | $160.67M | $162.54M | $172.81M | $149.45M | $150.03M | $135.00M | $162.78M | $130.39M | $103.61M | $49.95M | $169.46M | $153.86M | $147.35M |
| Low Forecast | $182.49M | $181.34M | $180.63M | $176.46M | $179.89M | $180.73M | $181.28M | $172.10M | $162.18M | $183.42M | $178.99M | $160.31M | $164.13M | $157.52M | $155.52M | $145.73M | $138.40M | $160.67M | $162.54M | $115.21M | $149.45M | $138.66M | $135.00M | $108.52M | $130.39M | $103.61M | $49.95M | $112.97M | $153.86M | $147.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.07% | 0.94% | 0.85% | 1.11% | 1.43% | 1.90% | 1.21% | 1.42% | 1.18% | 1.00% | 0.95% | 1.20% | 0.31% | 1.06% | 0.96% | 0.98% |
Essent Group's average Quarter net income forecast for Dec 23 is $169.46M, with a range of $164.13M to $173.73M. ESNT's average Quarter net income forecast represents a -4.77% decrease compared to the company's last Quarter net income of $177.96M (Sep 23).
Essent Group SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $26.63M | $25.20M | $24.98M | $25.29M | $24.83M | $23.71M | $27.24M | $25.63M | $24.76M | $21.32M | $22.70M | $24.17M | $24.87M | $22.82M | $24.32M |
| Avg Forecast | $35.02M | $34.88M | $34.46M | $33.80M | $34.20M | $34.29M | $33.68M | $32.83M | $32.54M | $32.87M | $31.99M | $18.15M | $29.69M | $27.54M | $27.19M | $16.50M | $22.67M | $25.35M | $24.98M | $13.04M | $25.04M | $25.17M | $24.81M | $24.76M | $25.72M | $25.03M | $22.99M | $23.48M | $23.51M | $22.42M |
| High Forecast | $35.82M | $35.67M | $35.25M | $34.57M | $34.98M | $35.08M | $34.45M | $33.88M | $33.31M | $32.96M | $31.99M | $21.78M | $31.29M | $28.10M | $27.81M | $19.80M | $27.20M | $25.35M | $24.98M | $15.65M | $25.04M | $25.17M | $24.81M | $29.71M | $25.72M | $25.03M | $22.99M | $28.18M | $23.51M | $22.42M |
| Low Forecast | $34.18M | $34.04M | $33.63M | $32.98M | $33.38M | $33.47M | $32.87M | $31.78M | $31.76M | $32.77M | $31.99M | $14.52M | $28.09M | $26.70M | $26.53M | $13.20M | $18.13M | $25.35M | $24.98M | $10.43M | $25.04M | $25.17M | $24.81M | $19.81M | $25.72M | $25.03M | $22.99M | $18.79M | $23.51M | $22.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.61% | 1.11% | 0.99% | 1.01% | 1.90% | 0.95% | 1.08% | 1.03% | 1.00% | 0.83% | 0.91% | 1.05% | 1.06% | 0.97% | 1.08% |
Essent Group's average Quarter SG&A projection for Jun 23 is $27.19M, based on 2 Wall Street analysts, with a range of $26.53M to $27.81M. The forecast indicates a 2.10% rise compared to ESNT last annual SG&A of $26.63M (Mar 23).
Essent Group EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.68 | $1.62 | $1.60 | $1.38 | $1.67 | $2.17 | $2.53 | $1.65 | $1.85 | $1.43 | $1.21 | $1.10 | $1.11 | $0.15 | $1.53 | $1.50 | $1.48 |
| Avg Forecast | $1.77 | $1.76 | $1.75 | $1.71 | $1.74 | $1.75 | $1.76 | $1.71 | $1.65 | $1.73 | $1.68 | $1.59 | $1.59 | $1.57 | $1.51 | $1.46 | $1.48 | $1.50 | $1.52 | $1.46 | $1.40 | $1.35 | $1.26 | $1.21 | $1.22 | $0.97 | $0.47 | $1.40 | $1.44 | $1.38 |
| High Forecast | $1.82 | $1.81 | $1.80 | $1.76 | $1.79 | $1.80 | $1.81 | $1.81 | $1.78 | $1.73 | $1.68 | $1.60 | $1.63 | $1.66 | $1.55 | $1.47 | $1.52 | $1.50 | $1.52 | $1.47 | $1.40 | $1.41 | $1.26 | $1.21 | $1.22 | $0.97 | $0.47 | $1.40 | $1.44 | $1.38 |
| Low Forecast | $1.71 | $1.70 | $1.70 | $1.66 | $1.69 | $1.70 | $1.70 | $1.62 | $1.52 | $1.72 | $1.68 | $1.58 | $1.54 | $1.48 | $1.46 | $1.44 | $1.43 | $1.50 | $1.52 | $1.44 | $1.40 | $1.30 | $1.26 | $1.21 | $1.22 | $0.97 | $0.47 | $1.40 | $1.44 | $1.38 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.08% | 1.10% | 0.93% | 1.11% | 1.43% | 1.74% | 1.18% | 1.37% | 1.13% | 1.00% | 0.90% | 1.14% | 0.32% | 1.10% | 1.04% | 1.07% |
According to 2 Wall Street analysts, Essent Group's projected average Quarter EPS for Dec 23 is $1.59, with a low estimate of $1.54 and a high estimate of $1.63. This represents a -5.33% decrease compared to ESNT previous annual EPS of $1.68 (Sep 23).