These Analysts Boost Their Forecasts On Essent Group After Upbeat Q2 Results

Benzinga Earnings
08/11

Essent Group Ltd (NYSE:ESNT) on Friday posted better-than-expected results for the second quarter.

The company reported quarterly earnings of $2.08 per share which beat the analyst consensus estimate of $1.74 per share. The company reported quarterly sales of $362.686 million which beat the analyst consensus estimate of $326.491 million.

“We are pleased with our second quarter 2026 financial results, which reflect strong profitability, continued growth in book value per share and the resilience of our operating model,” said Mark A. Casale, Chairman and Chief Executive Officer. “The consistent cash flow generation of our mortgage insurance business, combined with our strong capital position, allows us to take a balanced approach to capital management and to continue creating long-term value for our shareholders.”

Essent Group shares fell 0.3% to trade at $68.53 on Monday.

These analysts made changes to their price targets on Essent Group following earnings announcement.

  • Barclays analyst Terry Ma maintained the stock with an Equal-Weight rating and raised the price target from $62 to $65.
  • RBC Capital analyst Rowland Mayor maintained the stock with a Sector Perform and raised the price target from $68 to $75.

Considering buying ESNT stock? Here’s what analysts think:

Photo via Shutterstock

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10