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Essent Group Ltd (GB:0U95)
:0U95
Earnings Data
Report Date
Aug 01, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.73Last Year’s EPS
1.91Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 09, 2025
|% Change Since: -2.19%
|Next Earnings Date:Aug 01, 2025
Earnings Call Sentiment|Neutral
The earnings call presents a mixed outlook. While the company maintains strong financial metrics and continues to return capital to shareholders, there are notable challenges, such as a decrease in net income and ongoing issues in the mortgage origination market.Company Guidance
During the Essent Group Ltd. First Quarter Earnings Conference Call, CEO Mark Casale and CFO David Weinstock provided detailed guidance on the company's financial performance and future outlook. For Q1 2025, Essent reported a net income of $175 million, or $1.69 per diluted share, with an annualized return on average equity of 12%. The U.S. mortgage insurance in force increased by 3% year-over-year to $245 billion, maintaining strong credit quality with an average FICO score of 746 and a 12-month persistency rate of 86%. The company highlighted its solid financial position with $6.4 billion in consolidated cash and investments, a new money yield of over 5%, and a PMIERs sufficiency ratio of 172%. Essent's capital strategy included repurchasing nearly 4 million shares for over $200 million year-to-date through April 30, 2025, and approving a common dividend of $0.31 per share for Q2. The company remains optimistic about long-term growth despite near-term economic headwinds, with a focus on maintaining a conservative balance sheet and optimizing shareholder returns.Strong Balance Sheet and Capital Position
Essent Group reported consolidated cash and investments of $6.4 billion as of March 31, with a PMIERs efficiency ratio of 172% and $1.5 billion in excess of loss reinsurance.
Shareholder Returns and Capital Management
The company repurchased nearly 4 million shares for over $200 million and declared a common dividend of $0.31 for the second quarter of 2025.
Persistency and Investment Yields
The persistency rate was 86%, and the annualized investment yield for the first quarter was 3.8%, with new money rates remaining a tailwind for investment income.
Mortgage Insurance Portfolio Growth
U.S. mortgage insurance in force was $245 billion, a 3% increase compared to the previous year, with strong credit quality metrics including a weighted average FICO of 746.
GB:0U95 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:0U95 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 09, 2025 | $58.79 | $58.79 | >-0.01% |
Feb 14, 2025 | $57.50 | $56.70 | -1.38% |
Nov 01, 2024 | $59.96 | $53.15 | -11.35% |
Aug 02, 2024 | $60.74 | $58.80 | -3.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Essent Group Ltd (GB:0U95) report earnings?
Essent Group Ltd (GB:0U95) is schdueled to report earning on Aug 01, 2025, TBA Not Confirmed.
What is Essent Group Ltd (GB:0U95) earnings time?
Essent Group Ltd (GB:0U95) earnings time is at Aug 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Essent Group Ltd stock?
The P/E ratio of Essent Group is N/A.
What is GB:0U95 EPS forecast?
GB:0U95 EPS forecast for the fiscal quarter 2025 (Q2) is 1.73.