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 36.30% upside from ESNT’s last price of $54.11) 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 36.30% upside from ESNT's last price of $54.11.
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% | 140.25% |
| Aug 05, 2024 | Mark Dwelle | RBC Capital | $67.00 | $59.95 | 11.76% | 23.82% |
| May 06, 2024 | Mark Dwelle | RBC Capital | $61.00 | $54.54 | 11.84% | 12.73% |
| Jan 05, 2023 | Ryan Nash | Goldman Sachs | $44.00 | $39.51 | 11.36% | -18.68% |
| Aug 05, 2022 | Ryan Gilbert | BTIG | $54.00 | $42.83 | 26.08% | -0.20% |
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 140.25% increase from ESNT last price ($54.11).
Essent Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $98.50 | $86.00 |
| Last Closing Price | $54.11 | $54.11 | $54.11 |
| Upside/Downside | -100.00% | 82.04% | 58.94% |
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 $54.11. This month's average price target is down -100.00% 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 | $339.59M | $339.98M | $336.53M | $328.96M | $333.42M | $334.61M | $328.20M | $320.49M | $318.69M | $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 | $341.98M | $342.38M | $338.90M | $331.27M | $335.77M | $336.97M | $330.51M | $323.87M | $319.79M | $321.28M | $308.33M | $298.69M | $301.61M | $270.89M | $263.91M | $252.02M | $250.22M | $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 | $337.19M | $337.58M | $334.15M | $326.64M | $331.07M | $332.25M | $325.89M | $317.10M | $317.57M | $311.82M | $308.33M | $298.69M | $270.73M | $257.40M | $260.22M | $248.49M | $246.72M | $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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 6 | 3 | 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 6 | 3 | 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 | $211.18M | $211.42M | $209.27M | $204.57M | $207.34M | $208.08M | $204.10M | $199.30M | $198.18M | $197.01M | $191.74M | $242.24M | $177.96M | $165.09M | $162.97M | $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 | $212.66M | $212.91M | $210.75M | $206.00M | $208.80M | $209.55M | $205.53M | $201.40M | $198.86M | $199.79M | $191.74M | $290.68M | $187.56M | $168.45M | $164.12M | $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 | $209.68M | $209.93M | $207.79M | $203.12M | $205.87M | $206.61M | $202.65M | $197.19M | $197.48M | $193.91M | $191.74M | $193.79M | $168.36M | $160.07M | $161.82M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.23% | 1.23% | 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 $177.96M, with a high of $187.56M and a low of $168.36M. This is -12.69% lower 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 6 | 3 | 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 | $194.73M | $193.88M | $194.40M | $190.71M | $190.58M | $190.19M | $189.13M | $185.58M | $178.88M | $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 | $196.51M | $195.65M | $196.17M | $192.46M | $192.32M | $191.93M | $190.86M | $192.83M | $179.90M | $195.81M | $179.00M | $240.46M | $173.73M | $176.67M | $162.02M | $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 | $192.94M | $192.10M | $192.61M | $188.96M | $188.83M | $188.44M | $187.39M | $178.32M | $176.82M | $173.47M | $178.99M | $160.31M | $164.13M | $157.52M | $159.08M | $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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 6 | 3 | 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 | $35.19M | $35.23M | $34.87M | $34.09M | $34.55M | $34.68M | $34.01M | $33.21M | $33.03M | $32.83M | $31.95M | $18.15M | $29.66M | $27.51M | $27.16M | $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 | $35.44M | $35.48M | $35.12M | $34.33M | $34.80M | $34.92M | $34.25M | $33.56M | $33.14M | $33.29M | $31.95M | $21.78M | $31.26M | $28.07M | $27.35M | $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 | $34.94M | $34.98M | $34.63M | $33.85M | $34.31M | $34.43M | $33.77M | $32.86M | $32.91M | $32.31M | $31.95M | $14.52M | $28.06M | $26.67M | $26.97M | $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 $27.16M, based on 2 Wall Street analysts, with a range of $26.97M to $27.35M. The forecast indicates a 1.99% 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 6 | 3 | 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 | $1.83 | $1.82 | $1.82 | $1.79 | $1.79 | $1.78 | $1.77 | $1.74 | $1.68 | $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 | $1.84 | $1.84 | $1.84 | $1.81 | $1.80 | $1.80 | $1.79 | $1.81 | $1.69 | $1.84 | $1.68 | $1.60 | $1.63 | $1.66 | $1.52 | $1.47 | $1.49 | $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 | $1.81 | $1.80 | $1.81 | $1.77 | $1.77 | $1.77 | $1.76 | $1.67 | $1.66 | $1.63 | $1.68 | $1.58 | $1.54 | $1.48 | $1.49 | $1.44 | $1.46 | $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).
Essent Group Peer Comparison by Price Target
ESNT Forecast FAQ
Is Essent Group a good buy?
Yes, according to 6 Wall Street analysts, Essent Group (ESNT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 66.67% of ESNT's total ratings.
What is ESNT's price target?
Essent Group (ESNT) average price target is $73.75 with a range of $44 to $130, implying a 36.30% from its last price of $54.11. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Essent Group stock go up soon?
According to Wall Street analysts' prediction for ESNT stock, the company can go up by 36.30% (from the last price of $54.11 to the average price target of $73.75), up by 140.25% based on the highest stock price target, and down by -18.68% based on the lowest stock price target.
Can Essent Group stock reach $80?
ESNT's highest twelve months analyst stock price target of $130 supports the claim that Essent Group can reach $80 in the near future.
What are Essent Group's analysts' financial forecasts?
Essent Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.32B (high $1.33B, low $1.31B), average EBITDA is $818.81M (high $825.28M, low $812.33M), average net income is $755.47M (high $767.94M, low $742.98M), average SG&A $136.45M (high $137.53M, low $135.37M), and average EPS is $7.09 (high $7.21, low $6.97). ESNT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.35B (high $1.35B, low $1.34B), average EBITDA is $836.44M (high $842.32M, low $830.53M), average net income is $773.72M (high $780.79M, low $766.61M), average SG&A $139.39M (high $140.37M, low $138.41M), and average EPS is $7.26 (high $7.33, low $7.19).
Did the ESNT's actual financial results beat the analysts' financial forecasts?
Based on Essent Group's last annual report (Dec 2022), the company's revenue was $972.15M, which missed the average analysts forecast of $974.93M by -0.29%. Apple's EBITDA was $1.03B, beating the average prediction of $686.31M by 49.37%. The company's net income was $831.35M, beating the average estimation of $640.22M by 29.85%. Apple's SG&A was $100.3M, beating the average forecast of $86.04M by 16.58%. Lastly, the company's EPS was $7.75, beating the average prediction of $5.96 by 29.97%. In terms of the last quarterly report (Sep 2023), Essent Group's revenue was $299.25M, beating the average analysts' forecast of $265.48M by 12.72%. The company's EBITDA was $203.83M, beating the average prediction of $165.09M by 23.47%. Essent Group's net income was $177.96M, beating the average estimation of $167.09M by 6.50%. The company's SG&A was $0, missing the average forecast of $27.51M by -100.00%. Lastly, the company's EPS was $1.68, beating the average prediction of $1.57 by 7.13%