Essent Group Ltd
NYSE:ESNT

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Essent Group Ltd
NYSE:ESNT
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Price: 53.26 USD 0.66% Market Closed
Market Cap: 5.7B USD
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Essent Group Ltd
Cash & Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Essent Group Ltd
Cash & Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash & Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Essent Group Ltd
NYSE:ESNT
Cash & Cash Equivalents
$109.3m
CAGR 3-Years
18%
CAGR 5-Years
17%
CAGR 10-Years
20%
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Essent Group Ltd
Glance View

Market Cap
5.7B USD
Industry
Financial Services

Essent Group Ltd. stands as a notable player in the private mortgage insurance sector, a critical component of the broader financial services landscape. Founded in 2008 in the midst of economic upheaval, the company seized an opportunity as demand for private mortgage insurance (PMI) surged. As a PMI provider, Essent plays a vital role in the housing market by protecting lenders from potential losses arising from borrower defaults. This is especially significant for homebuyers who are unable to make a 20% down payment on their loans. The insurance product provided by Essent helps these buyers obtain mortgages with smaller down payments, facilitating home ownership while simultaneously mitigating lender risk. The company's business model is chiefly grounded in underwriting and offering private mortgage insurance. Essent generates revenue by collecting premiums from borrowers, which serve as the cost of the insurance protection offered. The company’s profits are derived from the premiums that exceed the claims paid out and operational costs. Essent Group's adept risk management and underwriting practices are pivotal, as they ensure that the risks taken are judiciously calculated, allowing the company to maintain financial stability and profitability. By strategically leveraging data analytics and market knowledge, Essent navigates the intricate balance between growth and risk in the dynamic real estate market. This ability to adapt and respond to changing market conditions has cemented Essent's position as a formidable entity within the insurance industry.

ESNT Intrinsic Value
82.45 USD
Undervaluation 35%
Intrinsic Value
Price

See Also

What is Essent Group Ltd's Cash & Cash Equivalents?
Cash & Cash Equivalents
109.3m USD

Based on the financial report for Sep 30, 2024, Essent Group Ltd's Cash & Cash Equivalents amounts to 109.3m USD.

What is Essent Group Ltd's Cash & Cash Equivalents growth rate?
Cash & Cash Equivalents CAGR 10Y
20%

Over the last year, the Cash & Cash Equivalents growth was 13%. The average annual Cash & Cash Equivalents growth rates for Essent Group Ltd have been 18% over the past three years , 17% over the past five years , and 20% over the past ten years .

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