25 XP   0   0   10

Essent Group Ltd
Buy, Hold or Sell?

Let's analyse Essent Group Ltd together

PenkeI guess you are interested in Essent Group Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Essent Group Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Essent Group Ltd

I send you an email if I find something interesting about Essent Group Ltd.

Quick analysis of Essent Group Ltd (30 sec.)










What can you expect buying and holding a share of Essent Group Ltd? (30 sec.)

How much money do you get?

How much money do you get?
$0.99
When do you have the money?
1 year
How often do you get paid?
55.0%

What is your share worth?

Current worth
$47.74
Expected worth in 1 year
$53.95
How sure are you?
97.5%

+ What do you gain per year?

Total Gains per Share
$7.19
Return On Investment
12.2%

For what price can you sell your share?

Current Price per Share
$59.04
Expected price per share
$50.52 - $
How sure are you?
50%

1. Valuation of Essent Group Ltd (5 min.)




Live pricePrice per Share (EOD)

$59.04

Intrinsic Value Per Share

$53.74 - $83.22

Total Value Per Share

$101.48 - $130.96

2. Growth of Essent Group Ltd (5 min.)




Is Essent Group Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$5.1b$4.3b$512.3m10.6%

How much money is Essent Group Ltd making?

Current yearPrevious yearGrowGrow %
Making money$174m$207.8m-$33.7m-19.4%
Net Profit Margin62.6%85.6%--

How much money comes from the company's main activities?

3. Financial Health of Essent Group Ltd (5 min.)




What can you expect buying and holding a share of Essent Group Ltd? (5 min.)

Welcome investor! Essent Group Ltd's management wants to use your money to grow the business. In return you get a share of Essent Group Ltd.

What can you expect buying and holding a share of Essent Group Ltd?

First you should know what it really means to hold a share of Essent Group Ltd. And how you can make/lose money.

Speculation

The Price per Share of Essent Group Ltd is $59.04. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Essent Group Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Essent Group Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $47.74. Based on the TTM, the Book Value Change Per Share is $1.55 per quarter. Based on the YOY, the Book Value Change Per Share is $0.76 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.25 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Essent Group Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps1.642.8%1.622.8%1.933.3%1.462.5%1.041.8%
Usd Book Value Change Per Share2.824.8%1.552.6%0.761.3%1.282.2%1.021.7%
Usd Dividend Per Share0.250.4%0.250.4%0.210.4%0.190.3%0.110.2%
Usd Total Gains Per Share3.075.2%1.803.0%0.971.7%1.472.5%1.131.9%
Usd Price Per Share52.74-46.72-38.47-42.78-36.47-
Price to Earnings Ratio8.04-7.18-5.23-10.13-12.95-
Price-to-Total Gains Ratio17.20-31.14-55.02-29.56-42.78-
Price to Book Ratio1.10-1.04-0.96-1.23-1.82-
Price-to-Total Gains Ratio17.20-31.14-55.02-29.56-42.78-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share59.04
Number of shares16
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.250.19
Usd Book Value Change Per Share1.551.28
Usd Total Gains Per Share1.801.47
Gains per Quarter (16 shares)28.7823.47
Gains per Year (16 shares)115.1193.87
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11699105128284
23219822024164178
34829833536246272
46339745048328366
57949656560410460
69559568072492554
711169579583574648
812779491095656742
91438931025107738836
101599921140119819930

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%44.00.02.095.7%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%39.01.00.097.5%43.01.02.093.5%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%22.00.018.055.0%22.00.024.047.8%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%39.01.00.097.5%43.01.02.093.5%

Fundamentals of Essent Group Ltd

About Essent Group Ltd

Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its mortgage insurance products include primary, pool, and master policy. The company also provides information technology maintenance and development services; customer support-related services; underwriting consulting; and contract underwriting services, as well as risk management products and title insurance and settlement services. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. Essent Group Ltd. was incorporated in 2008 and is based in Hamilton, Bermuda.

Fundamental data was last updated by Penke on 2024-03-22 23:15:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Essent Group Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Essent Group Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Essent Group Ltd to the Insurance - Specialty industry mean.
  • A Net Profit Margin of 60.0% means that $0.60 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Essent Group Ltd:

  • The MRQ is 60.0%. The company is making a huge profit. +2
  • The TTM is 62.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ60.0%TTM62.6%-2.6%
TTM62.6%YOY85.6%-23.0%
TTM62.6%5Y65.1%-2.5%
5Y65.1%10Y58.5%+6.7%
1.1.2. Return on Assets

Shows how efficient Essent Group Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Essent Group Ltd to the Insurance - Specialty industry mean.
  • 2.7% Return on Assets means that Essent Group Ltd generated $0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Essent Group Ltd:

  • The MRQ is 2.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.8%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.7%TTM2.8%-0.1%
TTM2.8%YOY3.7%-0.9%
TTM2.8%5Y3.1%-0.3%
5Y3.1%10Y3.2%-0.1%
1.1.3. Return on Equity

Shows how efficient Essent Group Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Essent Group Ltd to the Insurance - Specialty industry mean.
  • 3.4% Return on Equity means Essent Group Ltd generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Essent Group Ltd:

  • The MRQ is 3.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.4%TTM3.6%-0.2%
TTM3.6%YOY4.8%-1.2%
TTM3.6%5Y4.1%-0.5%
5Y4.1%10Y4.2%-0.1%

1.2. Operating Efficiency of Essent Group Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Essent Group Ltd is operating .

  • Measures how much profit Essent Group Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Essent Group Ltd to the Insurance - Specialty industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Essent Group Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM55.8%-55.8%
TTM55.8%YOY105.3%-49.5%
TTM55.8%5Y75.2%-19.4%
5Y75.2%10Y71.2%+4.0%
1.2.2. Operating Ratio

Measures how efficient Essent Group Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance - Specialty industry mean).
  • An Operation Ratio of 0.21 means that the operating costs are $0.21 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Essent Group Ltd:

  • The MRQ is 0.212. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.082. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.212TTM0.082+0.130
TTM0.082YOY0.669-0.588
TTM0.0825Y0.093-0.011
5Y0.09310Y0.167-0.075

1.3. Liquidity of Essent Group Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Essent Group Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance - Specialty industry mean).
  • A Current Ratio of 6.74 means the company has $6.74 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Essent Group Ltd:

  • The MRQ is 6.739. The company is very able to pay all its short-term debts. +2
  • The TTM is 8.088. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ6.739TTM8.088-1.349
TTM8.088YOY6.252+1.836
TTM8.0885Y3.730+4.358
5Y3.73010Y3.119+0.611
1.3.2. Quick Ratio

Measures if Essent Group Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Essent Group Ltd to the Insurance - Specialty industry mean.
  • A Quick Ratio of 19.72 means the company can pay off $19.72 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Essent Group Ltd:

  • The MRQ is 19.721. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 22.983. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ19.721TTM22.983-3.262
TTM22.983YOY22.552+0.431
TTM22.9835Y20.461+2.522
5Y20.46110Y22.962-2.501

1.4. Solvency of Essent Group Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Essent Group Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Essent Group Ltd to Insurance - Specialty industry mean.
  • A Debt to Asset Ratio of 0.22 means that Essent Group Ltd assets are financed with 21.5% credit (debt) and the remaining percentage (100% - 21.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Essent Group Ltd:

  • The MRQ is 0.215. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.213. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.215TTM0.213+0.003
TTM0.213YOY0.230-0.017
TTM0.2135Y0.240-0.027
5Y0.24010Y0.242-0.003
1.4.2. Debt to Equity Ratio

Measures if Essent Group Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Essent Group Ltd to the Insurance - Specialty industry mean.
  • A Debt to Equity ratio of 27.4% means that company has $0.27 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Essent Group Ltd:

  • The MRQ is 0.274. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.270. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.274TTM0.270+0.004
TTM0.270YOY0.299-0.028
TTM0.2705Y0.316-0.046
5Y0.31610Y0.322-0.006

2. Market Valuation of Essent Group Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Essent Group Ltd generates.

  • Above 15 is considered overpriced but always compare Essent Group Ltd to the Insurance - Specialty industry mean.
  • A PE ratio of 8.04 means the investor is paying $8.04 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Essent Group Ltd:

  • The EOD is 8.995. Based on the earnings, the company is underpriced. +1
  • The MRQ is 8.035. Based on the earnings, the company is underpriced. +1
  • The TTM is 7.182. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.995MRQ8.035+0.960
MRQ8.035TTM7.182+0.854
TTM7.182YOY5.231+1.951
TTM7.1825Y10.135-2.953
5Y10.13510Y12.947-2.813
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Essent Group Ltd:

  • The EOD is 7.396. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 6.606. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 6.615. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.396MRQ6.606+0.789
MRQ6.606TTM6.615-0.008
TTM6.615YOY8.629-2.014
TTM6.6155Y7.319-0.704
5Y7.31910Y10.095-2.776
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Essent Group Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance - Specialty industry mean).
  • A PB ratio of 1.10 means the investor is paying $1.10 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Essent Group Ltd:

  • The EOD is 1.237. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.105. Based on the equity, the company is underpriced. +1
  • The TTM is 1.036. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.237MRQ1.105+0.132
MRQ1.105TTM1.036+0.069
TTM1.036YOY0.962+0.074
TTM1.0365Y1.231-0.196
5Y1.23110Y1.822-0.590
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Essent Group Ltd.

3.1. Institutions holding Essent Group Ltd

Institutions are holding 95.648% of the shares of Essent Group Ltd.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31BlackRock Inc12.33370.0177131813176992265.6018
2023-12-31Vanguard Group Inc10.73940.013211477434758250.665
2023-12-31Capital World Investors9.84140.09871051779800
2023-12-31FMR Inc8.03290.03488584933-744240-7.9776
2023-12-31State Street Corporation3.90330.010741715522476196.3105
2023-12-31Dimensional Fund Advisors, Inc.3.7670.06240258362582466.8544
2023-12-31Macquarie Group Ltd3.27510.21323500134-102791-2.853
2023-12-31Cooke & Bieler LP2.55761.27062733350-60745-2.174
2023-12-31Polar Capital Holdings PLC2.2340.77142387500-12500-0.5208
2023-12-31Geode Capital Management, LLC2.20610.0132357762964704.2661
2023-12-31Capital Research & Mgmt Co - Division 31.97340.0249210899400
2023-12-31Bank of New York Mellon Corp1.96760.02252102775-120581-5.4234
2023-12-31Capital Research Global Investors1.59070.0221170000000
2023-12-31Amvescap Plc.1.56040.0209166760059179755.0098
2023-12-31Northern Trust Corp1.40410.01431500571903046.4033
2023-12-31Charles Schwab Investment Management Inc1.40050.021496741254831.7321
2023-12-31Ameriprise Financial Inc1.23980.02091325006-128162-8.8195
2023-12-31NORGES BANK1.07650.010611505161029839.831
2023-12-31Goldman Sachs Group Inc1.07630.0054115028049597175.8007
2023-12-31Principal Financial Group Inc1.05390.0379112630376040.6797
Total 73.23372.704878266402+1522509+1.9%

3.2. Funds holding Essent Group Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31American Funds SMALLCAP World A8.05150.6306860485300
2023-12-31American Funds Growth Fund of Amer A5.09650.1154544675100
2023-12-31Capital Group Growth Fnd of Amer Comp5.09650.1154544675100
2024-02-29iShares Core S&P Mid-Cap ETF3.0410.2163250005-9391-0.2881
2024-02-29Vanguard Total Stock Mkt Idx Inv2.93390.01083135526-7069-0.2249
2024-02-29Vanguard Small Cap Index2.44610.09962614202241620.9329
2024-02-29iShares Russell 2000 ETF2.42540.22272592046-424-0.0164
2024-01-31Polar Capital Global Ins A Inc2.18724.75892337500-50000-2.0942
2024-02-29Vanguard Small Cap Value Index Inv1.66960.17981784304118550.6688
2024-02-29Vanguard Institutional Extnd Mkt Idx Tr1.47390.08271575145-1098-0.0697
2023-12-31Macquarie US Small Cap Core Equity1.33061.0033142202200
2024-01-31Delaware Small Cap Core I1.31481.09531405178-16844-1.1845
2023-12-31Fidelity Series Small Cap Opps1.07461.11041148488-5812-0.5035
2024-01-31Fidelity VIP Mid Cap Initial0.98920.8524105720400
2023-12-31Fidelity Small Cap Index0.97530.2163104229931470.3028
2023-12-31Vanguard Selected Value Inv0.94370.7743100856000
2024-02-01iShares Russell 2000 Value ETF0.92790.462899167312540.1266
2024-01-31Delaware Small Cap Value A0.92241.1687985800-12100-1.2125
2024-01-31Fidelity Value0.86710.5773926700-15100-1.6033
2023-12-31Fidelity Low-Priced Stock0.8040.164785926600
Total 44.571213.857447634273-77420-0.2%

3.3. Insider Transactions

Insiders are holding 3.171% of the shares of Essent Group Ltd.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-01-19Mary Lourdes GibbonsSELL500055
2023-09-27David B WeinstockSELL200048.2
2023-08-23Mary Lourdes GibbonsSELL1500049.8
2023-08-16David B WeinstockSELL200051.88
2023-08-02Vijay BhasinSELL266150.57
2023-07-27Vijay BhasinSELL250250.09
2023-07-25Vijay BhasinSELL368150.02

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Essent Group Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--2.8201.551+82%0.760+271%1.280+120%1.025+175%
Book Value Per Share--47.74445.020+6%40.046+19%36.089+32%24.565+94%
Current Ratio--6.7398.088-17%6.252+8%3.730+81%3.119+116%
Debt To Asset Ratio--0.2150.213+1%0.230-6%0.240-10%0.242-11%
Debt To Equity Ratio--0.2740.270+2%0.299-8%0.316-13%0.322-15%
Dividend Per Share--0.2470.2480%0.214+16%0.186+33%0.108+128%
Eps--1.6411.625+1%1.929-15%1.464+12%1.040+58%
Free Cash Flow Per Share--1.9961.771+13%1.357+47%1.548+29%1.154+73%
Free Cash Flow To Equity Per Share--1.6101.359+19%0.917+76%1.511+7%1.251+29%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--83.220--------
Intrinsic Value_10Y_min--53.737--------
Intrinsic Value_1Y_max--6.591--------
Intrinsic Value_1Y_min--4.778--------
Intrinsic Value_3Y_max--21.135--------
Intrinsic Value_3Y_min--14.967--------
Intrinsic Value_5Y_max--37.285--------
Intrinsic Value_5Y_min--25.747--------
Market Cap6309781920.000+11%5636482020.0005004606480.000+13%4141898627.500+36%4644956141.500+21%3934390093.250+43%
Net Profit Margin--0.6000.626-4%0.856-30%0.651-8%0.585+3%
Operating Margin---0.558-100%1.053-100%0.752-100%0.712-100%
Operating Ratio--0.2120.082+159%0.669-68%0.093+128%0.167+27%
Pb Ratio1.237+11%1.1051.036+7%0.962+15%1.231-10%1.822-39%
Pe Ratio8.995+11%8.0357.182+12%5.231+54%10.135-21%12.947-38%
Price Per Share59.040+11%52.74046.720+13%38.465+37%42.782+23%36.474+45%
Price To Free Cash Flow Ratio7.396+11%6.6066.6150%8.629-23%7.319-10%10.095-35%
Price To Total Gains Ratio19.249+11%17.19531.141-45%55.016-69%29.560-42%42.776-60%
Quick Ratio--19.72122.983-14%22.552-13%20.461-4%22.962-14%
Return On Assets--0.0270.028-5%0.037-28%0.031-14%0.032-15%
Return On Equity--0.0340.036-5%0.048-29%0.041-16%0.042-19%
Total Gains Per Share--3.0671.799+71%0.974+215%1.467+109%1.133+171%
Usd Book Value--5102550000.0004823212500.000+6%4310895000.000+18%3917899150.000+30%2655785775.000+92%
Usd Book Value Change Per Share--2.8201.551+82%0.760+271%1.280+120%1.025+175%
Usd Book Value Per Share--47.74445.020+6%40.046+19%36.089+32%24.565+94%
Usd Dividend Per Share--0.2470.2480%0.214+16%0.186+33%0.108+128%
Usd Eps--1.6411.625+1%1.929-15%1.464+12%1.040+58%
Usd Free Cash Flow--213294000.000189749750.000+12%146209000.000+46%168125850.000+27%124721950.000+71%
Usd Free Cash Flow Per Share--1.9961.771+13%1.357+47%1.548+29%1.154+73%
Usd Free Cash Flow To Equity Per Share--1.6101.359+19%0.917+76%1.511+7%1.251+29%
Usd Market Cap6309781920.000+11%5636482020.0005004606480.000+13%4141898627.500+36%4644956141.500+21%3934390093.250+43%
Usd Price Per Share59.040+11%52.74046.720+13%38.465+37%42.782+23%36.474+45%
Usd Profit--175367000.000174096500.000+1%207838250.000-16%158913800.000+10%112345500.000+56%
Usd Revenue--292443000.000278905500.000+5%243037000.000+20%244163150.000+20%180753550.000+62%
Usd Total Gains Per Share--3.0671.799+71%0.974+215%1.467+109%1.133+171%
 EOD+4 -4MRQTTM+20 -15YOY+23 -125Y+27 -810Y+28 -7

4.2. Fundamental Score

Let's check the fundamental score of Essent Group Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.995
Price to Book Ratio (EOD)Between0-11.237
Net Profit Margin (MRQ)Greater than00.600
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than119.721
Current Ratio (MRQ)Greater than16.739
Debt to Asset Ratio (MRQ)Less than10.215
Debt to Equity Ratio (MRQ)Less than10.274
Return on Equity (MRQ)Greater than0.150.034
Return on Assets (MRQ)Greater than0.050.027
Total6/10 (60.0%)

4.3. Technical Score

Let's check the technical score of Essent Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5070.024
Ma 20Greater thanMa 5055.652
Ma 50Greater thanMa 10054.464
Ma 100Greater thanMa 20052.339
OpenGreater thanClose57.720
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Other Current Liabilities  -2,404-264-2,668-418,724-421,392-264-421,656782,837361,181
Long-term Assets Other  -4,847,280-102,756-4,950,036-103,382-5,053,418-49,251-5,102,6698,668,1263,565,457



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets6,502,537
Total Liabilities1,399,987
Total Stockholder Equity5,102,550
 As reported
Total Liabilities 1,399,987
Total Stockholder Equity+ 5,102,550
Total Assets = 6,502,537

Assets

Total Assets6,502,537
Total Current Assets2,469,860
Long-term Assets4,032,677
Total Current Assets
Cash And Cash Equivalents 141,787
Short-term Investments 1,758,472
Net Receivables 63,266
Other Current Assets 2,469,860
Total Current Assets  (as reported)2,469,860
Total Current Assets  (calculated)4,433,385
+/- 1,963,525
Long-term Assets
Property Plant Equipment 41,304
Long Term Investments 5,540,965
Long-term Assets Other 3,565,457
Long-term Assets  (as reported)4,032,677
Long-term Assets  (calculated)9,147,726
+/- 5,115,049

Liabilities & Shareholders' Equity

Total Current Liabilities366,484
Long-term Liabilities1,033,503
Total Stockholder Equity5,102,550
Total Current Liabilities
Short-term Debt 5,303
Short Long Term Debt 421,920
Other Current Liabilities 361,181
Total Current Liabilities  (as reported)366,484
Total Current Liabilities  (calculated)788,404
+/- 421,920
Long-term Liabilities
Long-term Liabilities  (as reported)1,033,503
Long-term Liabilities  (calculated)0
+/- 1,033,503
Total Stockholder Equity
Common Stock1,599
Retained Earnings 4,081,578
Accumulated Other Comprehensive Income -280,496
Other Stockholders Equity 1,299,869
Total Stockholder Equity (as reported)5,102,550
Total Stockholder Equity (calculated)5,102,550
+/-0
Other
Capital Stock1,599
Cash and Short Term Investments 5,405,526
Common Stock Shares Outstanding 106,823
Liabilities and Stockholders Equity 6,502,537
Net Debt 318,117
Net Invested Capital 5,524,470
Net Working Capital 2,103,376
Short Long Term Debt Total 459,904



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312011-12-31
> Total Assets 
210,066
283,332
0
0
505,173
853,970
905,046
925,365
991,600
1,181,461
1,250,086
1,327,488
1,411,934
1,469,099
1,565,732
1,658,207
1,817,728
1,882,998
1,987,700
2,152,893
2,485,591
2,674,368
2,741,217
2,849,431
2,993,423
3,149,971
3,353,245
3,539,899
3,722,054
3,873,425
4,186,934
4,899,948
5,107,088
5,202,724
5,331,846
5,521,789
5,589,516
5,722,174
5,586,145
5,521,102
5,556,904
5,723,797
5,927,506
5,983,315
6,094,200
6,502,537
6,502,5376,094,2005,983,3155,927,5065,723,7975,556,9045,521,1025,586,1455,722,1745,589,5165,521,7895,331,8465,202,7245,107,0884,899,9484,186,9343,873,4253,722,0543,539,8993,353,2453,149,9712,993,4232,849,4312,741,2172,674,3682,485,5912,152,8931,987,7001,882,9981,817,7281,658,2071,565,7321,469,0991,411,9341,327,4881,250,0861,181,461991,600925,365905,046853,970505,17300283,332210,066
   > Total Current Assets 
0
0
0
0
0
501,740
19,187
26,429
30,742
40,221
1,157,896
40,562
35,776
41,243
45,406
37,297
36,589
49,163
43,192
54,318
87,025
73,276
78,911
59,940
65,394
101,827
78,683
65,650
89,803
112,005
72,283
112,537
164,125
152,970
126,640
567,587
423,367
5,090,535
4,911,917
484,758
4,723,380
390,666
477,667
5,152,887
5,162,799
2,469,860
2,469,8605,162,7995,152,887477,667390,6664,723,380484,7584,911,9175,090,535423,367567,587126,640152,970164,125112,53772,283112,00589,80365,65078,683101,82765,39459,94078,91173,27687,02554,31843,19249,16336,58937,29745,40641,24335,77640,5621,157,89640,22130,74226,42919,187501,74000000
       Cash And Cash Equivalents 
18,501
22,315
0
0
131,257
477,655
8,838
14,180
17,574
24,411
21,902
25,590
18,723
24,606
28,206
16,172
16,336
27,531
19,713
27,670
57,741
43,524
32,958
24,664
29,797
64,946
40,489
25,255
49,582
71,350
31,055
72,787
118,691
102,830
81,022
142,140
65,825
81,491
203,845
77,852
79,467
81,240
68,633
68,101
96,779
141,787
141,78796,77968,10168,63381,24079,46777,852203,84581,49165,825142,14081,022102,830118,69172,78731,05571,35049,58225,25540,48964,94629,79724,66432,95843,52457,74127,67019,71327,53116,33616,17228,20624,60618,72325,59021,90224,41117,57414,1808,838477,655131,2570022,31518,501
       Short-term Investments 
14,460
24,680
0
0
28,219
332,555
847,268
845,870
897,151
1,057,613
1,120,231
1,159,379
1,240,514
1,276,634
1,368,502
1,435,174
1,582,156
1,615,102
1,724,533
1,841,041
2,123,314
2,305,065
2,461,127
2,556,013
2,665,752
2,760,066
2,976,089
3,100,214
3,234,613
3,350,747
3,705,527
4,352,103
4,502,349
4,565,373
4,701,476
4,746,328
4,870,017
4,962,887
4,662,905
4,620,340
4,584,844
4,741,625
4,950,036
5,022,094
4,997,688
1,758,472
1,758,4724,997,6885,022,0944,950,0364,741,6254,584,8444,620,3404,662,9054,962,8874,870,0174,746,3284,701,4764,565,3734,502,3494,352,1033,705,5273,350,7473,234,6133,100,2142,976,0892,760,0662,665,7522,556,0132,461,1272,305,0652,123,3141,841,0411,724,5331,615,1021,582,1561,435,1741,368,5021,276,6341,240,5141,159,3791,120,2311,057,613897,151845,870847,268332,55528,2190024,68014,460
       Net Receivables 
0
0
0
0
0
10,006
10,349
12,249
13,168
15,810
15,763
14,972
17,053
16,637
17,200
21,125
20,253
21,632
23,479
26,648
29,284
29,752
45,953
35,276
35,597
36,881
38,194
40,395
40,221
40,655
41,228
39,750
45,434
50,140
45,618
53,127
47,760
46,157
45,167
51,281
59,069
57,399
61,282
62,692
68,332
63,266
63,26668,33262,69261,28257,39959,06951,28145,16746,15747,76053,12745,61850,14045,43439,75041,22840,65540,22140,39538,19436,88135,59735,27645,95329,75229,28426,64823,47921,63220,25321,12517,20016,63717,05314,97215,76315,81013,16812,24910,34910,00600000
       Other Current Assets 
0
0
0
0
0
8,000
-847,268
-845,870
-897,151
-1,057,613
-1,057,613
-1,159,379
-1,240,514
-1,276,634
-1,368,502
-1,435,174
-1,582,156
-1,615,102
-1,724,533
-1,841,041
-2,123,314
-2,305,065
-2,461,127
-2,556,013
-2,665,752
-2,760,066
-2,976,089
-3,100,214
-3,234,613
-3,350,747
-3,705,527
-4,352,103
-4,502,349
-4,565,373
-4,701,476
-4,746,328
372,928
387,356
384,043
-4,264,715
1,323,366
1,328,943
1,327,613
1,677,812
2,144,239
2,469,860
2,469,8602,144,2391,677,8121,327,6131,328,9431,323,366-4,264,715384,043387,356372,928-4,746,328-4,701,476-4,565,373-4,502,349-4,352,103-3,705,527-3,350,747-3,234,613-3,100,214-2,976,089-2,760,066-2,665,752-2,556,013-2,461,127-2,305,065-2,123,314-1,841,041-1,724,533-1,615,102-1,582,156-1,435,174-1,368,502-1,276,634-1,240,514-1,159,379-1,057,613-1,057,613-897,151-845,870-847,2688,00000000
   > Long-term Assets 
0
0
0
0
0
14,757
4,372
4,865
63,707
83,627
1,128,304
1,191,560
1,254,558
1,341,860
1,436,838
1,491,675
1,630,656
1,701,487
1,832,128
1,967,591
2,102,053
2,288,398
2,281,544
2,462,480
2,736,117
2,893,744
3,063,740
3,222,781
3,379,647
17,308
16,325
356,772
14,596
15,095
14,258
12,989
12,485
4,974,808
4,683,213
20,569
4,604,622
19,571
18,514
5,053,418
5,102,669
4,032,677
4,032,6775,102,6695,053,41818,51419,5714,604,62220,5694,683,2134,974,80812,48512,98914,25815,09514,596356,77216,32517,3083,379,6473,222,7813,063,7402,893,7442,736,1172,462,4802,281,5442,288,3982,102,0531,967,5911,832,1281,701,4871,630,6561,491,6751,436,8381,341,8601,254,5581,191,5601,128,30483,62763,7074,8654,37214,75700000
       Property Plant Equipment 
15,678
3,626
0
0
4,308
4,411
4,372
4,865
5,200
5,841
8,073
8,631
8,126
9,021
9,232
9,030
8,291
8,119
8,205
7,955
7,825
6,979
6,590
7,295
7,387
7,629
17,940
17,324
16,792
17,308
16,325
15,458
14,596
15,095
14,258
12,989
12,485
11,921
20,308
20,569
19,778
19,571
18,514
31,324
40,710
41,304
41,30440,71031,32418,51419,57119,77820,56920,30811,92112,48512,98914,25815,09514,59615,45816,32517,30816,79217,32417,9407,6297,3877,2956,5906,9797,8257,9558,2058,1198,2919,0309,2329,0218,1268,6318,0735,8415,2004,8654,3724,4114,308003,62615,678
       Long Term Investments 
0
0
0
0
0
318,476
3,673
4,641
5,034
846,925
6,240
1,166,322
1,247,886
1,284,402
1,376,933
1,443,654
1,591,014
1,624,590
1,734,724
1,851,817
2,135,153
2,317,872
2,475,510
2,571,668
2,707,742
2,808,645
3,027,000
3,188,454
3,328,413
3,448,155
3,799,479
4,449,350
4,604,564
4,674,225
4,825,469
4,746,328
4,870,017
4,962,887
4,898,659
4,620,340
4,584,844
4,741,625
4,950,036
5,022,094
4,997,688
5,540,965
5,540,9654,997,6885,022,0944,950,0364,741,6254,584,8444,620,3404,898,6594,962,8874,870,0174,746,3284,825,4694,674,2254,604,5644,449,3503,799,4793,448,1553,328,4133,188,4543,027,0002,808,6452,707,7422,571,6682,475,5102,317,8722,135,1531,851,8171,734,7241,624,5901,591,0141,443,6541,376,9331,284,4021,247,8861,166,3226,240846,9255,0344,6413,673318,47600000
       Intangible Assets 
0
0
0
0
0
8,888
0
0
0
12,387
0
0
0
15,040
0
0
0
16,309
0
0
0
17,636
15,563
15,947
16,159
19,273
15,657
15,830
16,003
18,347
0
0
0
0
0
0
0
0
0
0
10,408
13,926
9,511
9,460
73,646
0
073,6469,4609,51113,92610,408000000000018,34716,00315,83015,65719,27316,15915,94715,56317,63600016,30900015,04000012,3870008,88800000
       Long-term Assets Other 
0
0
0
0
0
-332,555
-847,268
-845,870
-838,644
-979,827
-1,128,304
23,550
5,918
56,205
59,104
47,471
40,209
78,266
99,390
118,595
-29,086
-23,646
-186,173
-100,828
62,978
126,049
69,711
105,243
128,242
-3,350,747
-3,705,527
-4,010,789
-4,502,349
-4,565,373
-4,701,476
-4,746,328
-4,870,017
-4,974,808
-4,683,213
-4,620,340
-4,604,622
-4,847,280
-4,950,036
-5,053,418
-5,102,669
3,565,457
3,565,457-5,102,669-5,053,418-4,950,036-4,847,280-4,604,622-4,620,340-4,683,213-4,974,808-4,870,017-4,746,328-4,701,476-4,565,373-4,502,349-4,010,789-3,705,527-3,350,747128,242105,24369,711126,04962,978-100,828-186,173-23,646-29,086118,59599,39078,26640,20947,47159,10456,2055,91823,550-1,128,304-979,827-838,644-845,870-847,268-332,55500000
> Total Liabilities 
34,005
64,209
0
0
117,191
131,829
164,917
157,406
196,707
225,723
254,069
299,715
335,698
349,858
384,237
409,600
507,513
539,225
574,948
654,996
705,021
733,932
745,927
745,860
778,284
784,254
825,442
835,607
866,884
888,580
1,079,860
1,276,619
1,360,544
1,340,091
1,410,909
1,436,961
1,421,532
1,486,060
1,371,077
1,249,107
1,262,696
1,261,488
1,278,565
1,249,963
1,286,193
1,399,987
1,399,9871,286,1931,249,9631,278,5651,261,4881,262,6961,249,1071,371,0771,486,0601,421,5321,436,9611,410,9091,340,0911,360,5441,276,6191,079,860888,580866,884835,607825,442784,254778,284745,860745,927733,932705,021654,996574,948539,225507,513409,600384,237349,858335,698299,715254,069225,723196,707157,406164,917131,829117,1910064,20934,005
   > Total Current Liabilities 
0
0
0
0
0
8,000
18,000
34,000
42,673
63,673
26,355
95,173
107,412
119,412
119,522
149,772
457,500
439,200
449,900
481,800
531,500
485,300
482,200
522,600
554,797
560,590
601,635
611,657
642,790
664,343
655,480
852,096
424,658
321,720
322,018
322,316
322,614
419,823
420,073
420,336
420,600
418,460
418,460
421,392
421,656
366,484
366,484421,656421,392418,460418,460420,600420,336420,073419,823322,614322,316322,018321,720424,658852,096655,480664,343642,790611,657601,635560,590554,797522,600482,200485,300531,500481,800449,900439,200457,500149,772119,522119,412107,41295,17326,35563,67342,67334,00018,0008,00000000
       Short-term Debt 
0
0
0
0
0
100,000
0
0
0
100,000
0
0
0
100,000
50,000
50,000
50,000
100,000
125,000
173,192
173,489
248,591
263,697
223,341
223,487
223,664
223,807
223,950
224,094
224,237
424,380
424,523
424,658
321,720
322,018
322,316
322,614
419,823
420,073
420,336
420,600
420,864
421,128
421,392
421,656
5,303
5,303421,656421,392421,128420,864420,600420,336420,073419,823322,614322,316322,018321,720424,658424,523424,380224,237224,094223,950223,807223,664223,487223,341263,697248,591173,489173,192125,000100,00050,00050,00050,000100,000000100,000000100,00000000
       Short Long Term Debt 
0
0
0
0
0
100,000
0
0
0
100,000
0
0
0
100,000
50,000
50,000
50,000
100,000
125,000
173,192
173,489
248,591
263,697
223,341
0
0
0
0
0
224,237
424,380
424,523
424,658
321,720
322,018
322,316
322,614
419,823
420,073
420,336
420,600
420,864
421,128
421,392
421,656
421,920
421,920421,656421,392421,128420,864420,600420,336420,073419,823322,614322,316322,018321,720424,658424,523424,380224,23700000223,341263,697248,591173,489173,192125,000100,00050,00050,00050,000100,000000100,000000100,00000000
       Accounts payable 
0
0
0
0
0
18,000
45,305
16,983
24,952
0
26,355
18,521
23,755
28,093
17,579
23,840
25,375
33,881
19,252
22,268
30,036
36,184
21,399
26,446
32,021
40,976
34,245
39,584
54,645
66,474
58,317
69,893
88,111
87,885
123,416
421,872
412,956
407,445
128,227
209,973
212,494
104,463
100,770
129,367
241,333
0
0241,333129,367100,770104,463212,494209,973128,227407,445412,956421,872123,41687,88588,11169,89358,31766,47454,64539,58434,24540,97632,02126,44621,39936,18430,03622,26819,25233,88125,37523,84017,57928,09323,75518,52126,355024,95216,98345,30518,00000000
       Other Current Liabilities 
9,550
12,299
0
0
16,172
20,411
10,113
16,983
24,952
23,256
26,355
18,521
23,755
28,093
17,579
23,840
407,500
339,200
324,900
308,608
358,011
236,709
218,503
299,259
331,310
336,926
377,828
387,707
418,696
440,106
231,100
427,573
258,532
250,436
235,730
220,580
204,210
185,385
169,786
-391,910
-420,600
-2,404
-2,668
-421,392
-421,656
361,181
361,181-421,656-421,392-2,668-2,404-420,600-391,910169,786185,385204,210220,580235,730250,436258,532427,573231,100440,106418,696387,707377,828336,926331,310299,259218,503236,709358,011308,608324,900339,200407,50023,84017,57928,09323,75518,52126,35523,25624,95216,98310,11320,41116,1720012,2999,550
   > Long-term Liabilities 
0
0
0
0
0
123,829
146,917
123,406
22,036
37,092
254,069
64,161
77,291
87,964
108,923
126,991
50,000
100,000
125,000
173,200
173,500
248,600
263,700
223,300
223,487
223,664
223,807
223,950
224,094
224,237
424,380
424,523
706,164
626,829
1,108,273
1,104,075
1,073,246
419,823
420,073
348,374
420,600
843,028
860,105
328,340
329,721
1,033,503
1,033,503329,721328,340860,105843,028420,600348,374420,073419,8231,073,2461,104,0751,108,273626,829706,164424,523424,380224,237224,094223,950223,807223,664223,487223,300263,700248,600173,500173,200125,000100,00050,000126,991108,92387,96477,29164,161254,06937,09222,036123,406146,917123,82900000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
223,664
223,807
223,950
224,094
224,237
424,380
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000424,380224,237224,094223,950223,807223,6640000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
119,612
130,993
149,719
0
174,232
217,033
234,652
233,801
257,735
258,769
291,497
262,757
268,045
278,330
303,454
321,521
328,506
348,265
367,427
346,972
371,350
355,413
351,501
348,249
337,475
509,457
566,269
625,377
646,853
642,452
617,166
592,830
462,858
378,090
381,907
379,351
373,551
370,864
0
0
00370,864373,551379,351381,907378,090462,858592,830617,166642,452646,853625,377566,269509,457337,475348,249351,501355,413371,350346,972367,427348,265328,506321,521303,454278,330268,045262,757291,497258,769257,735233,801234,652217,033174,2320149,719130,993119,612000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
9,430
22,036
0
53,482
64,161
77,291
87,964
108,923
126,991
140,641
142,587
162,651
181,206
198,042
127,636
132,325
147,808
155,349
172,642
196,040
216,660
236,644
249,620
259,688
272,746
281,506
305,109
318,622
343,098
356,835
373,654
359,919
348,374
340,627
356,810
383,116
328,340
0
0
00328,340383,116356,810340,627348,374359,919373,654356,835343,098318,622305,109281,506272,746259,688249,620236,644216,660196,040172,642155,349147,808132,325127,636198,042181,206162,651142,587140,641126,991108,92387,96477,29164,16153,482022,0369,4300000000
> Total Stockholder Equity
176,061
219,123
0
0
387,982
722,141
740,129
767,959
794,893
955,738
996,017
1,027,773
1,076,236
1,119,241
1,181,495
1,248,607
1,310,215
1,343,773
1,412,752
1,497,897
1,780,570
1,940,436
1,995,290
2,103,571
2,215,139
2,365,717
2,527,803
2,704,292
2,855,170
2,984,845
3,107,074
3,623,329
3,746,544
3,862,633
3,920,937
4,084,828
4,167,984
4,236,114
4,215,068
4,271,995
4,294,208
4,462,309
4,648,941
4,733,352
4,808,007
5,102,550
5,102,5504,808,0074,733,3524,648,9414,462,3094,294,2084,271,9954,215,0684,236,1144,167,9844,084,8283,920,9373,862,6333,746,5443,623,3293,107,0742,984,8452,855,1702,704,2922,527,8032,365,7172,215,1392,103,5711,995,2901,940,4361,780,5701,497,8971,412,7521,343,7731,310,2151,248,6071,181,4951,119,2411,076,2361,027,773996,017955,738794,893767,959740,129722,141387,98200219,123176,061
   Common Stock
380
439
0
0
566
1,297
1,297
1,298
1,298
1,388
1,389
1,390
1,390
1,390
1,396
1,397
1,397
1,397
1,401
1,401
1,476
1,476
1,472
1,472
1,472
1,472
1,475
1,476
1,476
1,476
1,479
1,686
1,686
1,686
1,693
1,687
1,664
1,641
1,622
1,615
1,615
1,615
1,615
1,605
1,603
1,599
1,5991,6031,6051,6151,6151,6151,6151,6221,6411,6641,6871,6931,6861,6861,6861,4791,4761,4761,4761,4751,4721,4721,4721,4721,4761,4761,4011,4011,3971,3971,3971,3961,3901,3901,3901,3891,3881,2981,2981,2971,29756600439380
   Retained Earnings Total Equity
0
0
0
0
0
0
-17,093
2,462
27,532
0
91,236
128,429
169,250
213,729
261,680
313,938
373,649
436,335
502,861
574,979
653,372
815,075
926,144
1,037,899
1,153,910
1,282,438
1,410,158
1,546,563
1,676,381
1,808,527
1,942,196
1,939,508
2,045,976
2,151,510
2,269,039
2,409,568
2,594,801
2,754,814
3,007,162
3,216,297
3,370,572
3,493,107
3,636,756
3,782,048
0
0
003,782,0483,636,7563,493,1073,370,5723,216,2973,007,1622,754,8142,594,8012,409,5682,269,0392,151,5102,045,9761,939,5081,942,1961,808,5271,676,3811,546,5631,410,1581,282,4381,153,9101,037,899926,144815,075653,372574,979502,861436,335373,649313,938261,680213,729169,250128,42991,236027,5322,462-17,093000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
-1,447
-968
3,947
2,542
4,667
9,556
787
5,047
-99
13,260
23,962
21,954
-12,255
-7,405
1,065
3,043
-3,252
-32,002
-39,248
-47,449
-28,993
9,373
45,360
62,727
56,187
46,113
120,398
132,434
138,274
79,071
115,431
78,514
50,707
-152,299
-286,567
-423,577
-382,790
-324,037
-360,135
-436,383
-280,496
-280,496-436,383-360,135-324,037-382,790-423,577-286,567-152,29950,70778,514115,43179,071138,274132,434120,39846,11356,18762,72745,3609,373-28,993-47,449-39,248-32,002-3,2523,0431,065-7,405-12,25521,95423,96213,260-995,0477879,5564,6672,5423,947-968-1,44700000
   Capital Surplus 
0
0
0
0
0
0
756,893
760,252
763,521
0
893,836
897,167
900,549
904,221
905,159
909,310
913,215
918,296
915,895
920,452
1,122,679
1,127,137
1,099,676
1,103,448
1,107,206
1,110,800
1,106,797
1,110,893
1,114,586
1,118,655
1,117,286
1,561,737
1,566,448
1,571,163
1,571,134
1,558,142
1,493,005
1,428,952
1,358,583
1,340,650
1,345,598
1,350,377
1,334,607
1,309,834
0
0
001,309,8341,334,6071,350,3771,345,5981,340,6501,358,5831,428,9521,493,0051,558,1421,571,1341,571,1631,566,4481,561,7371,117,2861,118,6551,114,5861,110,8931,106,7971,110,8001,107,2061,103,4481,099,6761,127,1371,122,679920,452915,895918,296913,215909,310905,159904,221900,549897,167893,8360763,521760,252756,893000000
   Treasury Stock00000000000000000000000000000000000000000-34,36900-34,142-33,226
   Other Stockholders Equity 
0
0
0
0
0
754,390
756,893
760,252
763,521
893,285
893,836
897,167
900,549
904,221
905,159
909,310
913,215
918,296
915,895
920,452
1,122,679
1,127,137
1,099,676
1,103,448
1,107,206
1,110,800
1,106,797
1,110,893
1,114,586
1,118,655
1,117,286
1,561,737
1,566,448
1,571,163
1,571,134
1,558,142
1,493,005
1,428,952
1,358,583
1,340,650
1,345,598
1,350,377
1,334,607
1,309,834
1,309,717
1,299,869
1,299,8691,309,7171,309,8341,334,6071,350,3771,345,5981,340,6501,358,5831,428,9521,493,0051,558,1421,571,1341,571,1631,566,4481,561,7371,117,2861,118,6551,114,5861,110,8931,106,7971,110,8001,107,2061,103,4481,099,6761,127,1371,122,679920,452915,895918,296913,215909,310905,159904,221900,549897,167893,836893,285763,521760,252756,893754,39000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,090,731
Cost of Revenue-200,431
Gross Profit890,300890,300
 
Operating Income (+$)
Gross Profit890,300
Operating Expense-206,053
Operating Income0684,247
 
Operating Expense (+$)
Research Development0
Selling General Administrative114,898
Selling And Marketing Expenses0
Operating Expense206,053114,898
 
Net Interest Income (+$)
Interest Income0
Interest Expense-30,137
Other Finance Cost-0
Net Interest Income-30,137
 
Pretax Income (+$)
Operating Income0
Net Interest Income-30,137
Other Non-Operating Income Expenses0
Income Before Tax (EBT)822,999-822,999
EBIT - interestExpense = -30,137
822,999
726,523
Interest Expense30,137
Earnings Before Interest and Taxes (EBIT)0853,136
Earnings Before Interest and Taxes (EBITDA)4,525
 
After tax Income (+$)
Income Before Tax822,999
Tax Provision-126,613
Net Income From Continuing Ops696,386696,386
Net Income696,386
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses275,651
Total Other Income/Expenses Net822,99930,137
 

Technical Analysis of Essent Group Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Essent Group Ltd. The general trend of Essent Group Ltd is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Essent Group Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Essent Group Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: .

The bearish price targets are: 54.88 > 51.49 > 50.52.

Tweet this
Essent Group Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Essent Group Ltd. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Essent Group Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Essent Group Ltd. The current macd is 1.27899946.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Essent Group Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Essent Group Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Essent Group Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Essent Group Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEssent Group Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Essent Group Ltd. The current adx is 35.01.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Essent Group Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Essent Group Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Essent Group Ltd. The current sar is 55.10.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Essent Group Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Essent Group Ltd. The current rsi is 70.02. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Essent Group Ltd Daily Relative Strength Index (RSI) ChartEssent Group Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Essent Group Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Essent Group Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Essent Group Ltd Daily Stochastic Oscillator ChartEssent Group Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Essent Group Ltd. The current cci is 136.34.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Essent Group Ltd Daily Commodity Channel Index (CCI) ChartEssent Group Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Essent Group Ltd. The current cmo is 46.68.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Essent Group Ltd Daily Chande Momentum Oscillator (CMO) ChartEssent Group Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Essent Group Ltd. The current willr is -1.10294118.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Essent Group Ltd Daily Williams %R ChartEssent Group Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Essent Group Ltd.

Essent Group Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Essent Group Ltd. The current atr is 1.21151852.

Essent Group Ltd Daily Average True Range (ATR) ChartEssent Group Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Essent Group Ltd. The current obv is 12,939,701.

Essent Group Ltd Daily On-Balance Volume (OBV) ChartEssent Group Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Essent Group Ltd. The current mfi is 55.62.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Essent Group Ltd Daily Money Flow Index (MFI) ChartEssent Group Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Essent Group Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-11BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-09BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-14MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Essent Group Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Essent Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5070.024
Ma 20Greater thanMa 5055.652
Ma 50Greater thanMa 10054.464
Ma 100Greater thanMa 20052.339
OpenGreater thanClose57.720
Total4/5 (80.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Essent Group Ltd with someone you think should read this too:
  • Are you bullish or bearish on Essent Group Ltd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Essent Group Ltd? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Essent Group Ltd

I send you an email if I find something interesting about Essent Group Ltd.


Comments

How you think about this?

Leave a comment

Stay informed about Essent Group Ltd.

Receive notifications about Essent Group Ltd in your mailbox!