How to Buy Essent Group Stock
Essent Group Ltd
Essent Group is a specialty insurance company located in Bermuda, which is part of the Financial Services sector, and is traded under the ticker ESNT on the NYSE exchange.
Essent Group stock last closed at $52.97, down 1.32% from the previous day, and has increased 24.81% in one year. It has overperformed other stocks in the Insurance - Specialty industry by 0.12 percentage points. Essent Group stock is currently +31.34% from its 52-week low of $40.33, and -11.57% from its 52-week high of $59.90.
At the moment, there are 106.87M shares of ESNT outstanding. The market value of ESNT is $5.66B. In the last 24 hours, 501,344 ESNT shares were traded.
How to Buy Essent Group Stock
Not sure how to invest in Essent Group stock? Here's how.
- Decide where to buy Essent Group stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Essent Group stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your method of payment and add your details.
- Research Essent Group stock: The Essent Group ticker symbol is ESNT. Is Essent Group stock a good investment? Should you buy shares of ESNT? How do ESNT's underlying business fundamentals look? Do top analysts think Essent Group is a good buy? Why has ESNT's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ESNT is a good stock to buy).
- Make your ESNT buy order: Decide if you will purchase ESNT shares at the current market price or use a limit order to buy ESNT stock at a specific price.
- Track your ESNT investment: Create a watchlist to keep track of your position in Essent Group stock.
Step 1: Decide where to buy Essent Group stock
You will need an online brokerage account in order to access the NYSE market and buy ESNT shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you can buy ESNT stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on our top ranked stock app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your new brokerage account.
Step 4: Research Essent Group stock
Once you have selected the best place to buy Essent Group stock, it's important to research their stock before you buy, so you truly comprehend the risk and upside.
Essent Group shares quick numbers
Essent Group Due Diligence Checks
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on ESNT's stock page.
Is ESNT stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge ESNT's true value.
Using relative valuations methods:
- ESNT could be undervalued based on its P/E ratio of 8.07x, relative to Insurance - Specialty industry P/E ratio of 27.67x
- ESNT could be undervalued based on its P/B ratio of 1.11x, relative to Insurance - Specialty industry P/B ratio of 1.51x
- ESNT may be undervalued based on its PEG ratio of 0.91x
You can do more valuation analysis on ESNT's stock here.
ESNT Financial Health Overview
Passed Financial Due Diligence Checks:
- ESNT's operating cash flow of $763.00M allows it to safely service it's debt of $421.92M.
- ESNT earnings of $853.14M is not enough to cover its interest payments.
- ESNT has a low debt to equity ratio of 0.26.
- Total ESNT debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- ESNT profit margin has gone down from 83.1% to 62.8% in the past year.
Is Essent Group stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 5 sell side analysts who research ESNT, the consensus analyst rating on ESNT is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Essent Group stock forecast page.
ESNT Trading Indicators
ESNT Performance Metrics
Last year, ESNT earnings were $696.39M. In the last five year, ESNT's earnings have gone up by 6.45% per year. This was faster than the Insurance - Specialty industry average of 2.87%.
Last year, ESNT revenue was $1.11B. Over the last 5 year, ESNT's revenue has grown by 9.06% per year. This was slower than the Insurance - Specialty industry average of 9.49%.
Learn more about ESNT's earnings and revenue performance here.
What are ESNT executives and large shareholders up to?
Over the past year, insiders at ESNT have bought more shares than they have sold.
Vijay Bhasin, SVP and Chief Risk Officer of ESNT, was the latest ESNT insider to sell. They sold $556,592.30 worth of ESNT stock on Mar 1, 2024.
Research more about who owns ESNT shares here.
Does ESNT stock generate passive income?
Essent Group pays a dividend of 1.94%, compared to the Insurance - Specialty industry's average dividend yield of 11.34%. If you owned $1,000 of ESNT stock, you would have been paid $19.44 last year.
Essent Group dividend payments have consistently grown over the past 5 years and have remained stable.
Get more data about Essent Group dividend yield and history here.
What do other traders have to say about ESNT?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your ESNT buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, place a limit order.
Click the Open Trade button and eToro will place the order.
If you need more help with buying stocks on eToro, click the how to video below:
Step 6: Track your ESNT investment
Now that you own some ESNT shares, you'll want to stay up-to-date on your new investment.
Create a watchlist to monitor your ESNT stock.
ESNT Feed
How to Buy Stock in Essent Group
To summarize, here are the 6 steps to buy stock in Essent Group:
- Decide where to buy Essent Group stock
- Open a brokerage account
- Deposit funds into your investment account
- Research Essent Group stock
- Make your ESNT buy order
- Track your ESNT investment
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Essent Group, create a watchlist on WallStreetZen today.
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