Essent Group provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The company also provides information technology maintenance and development services; customer support-related services; and contract underwriting services. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders.
Type
Public
HQ
Hamilton, BM
Founded
2008
Size (employees)
392 (est)
Essent Group was founded in 2008 and is headquartered in Hamilton, BM
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Essent Group Office Locations

Essent Group has an office in Hamilton
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Essent Group Financials and Metrics

Essent Group Financials

Essent Group's revenue was reported to be $458.26 m in FY, 2016
USD

Revenue (Q1, 2018)

167.5 m

Net income (Q1, 2018)

111.1 m

Market capitalization (21-May-2018)

3.5 b

Closing share price (21-May-2018)

35.6

Cash (31-Mar-2018)

33 m
Essent Group's current market capitalization is $3.5 b.
Annual
USDFY, 2016

Revenue

458.3 m

Pre tax profit

311.9 m

Income tax expense

89.3 m

Net Income

222.6 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Revenue

54.3 m64.6 m80 m84.1 m91.7 m102.5 m108.2 m121.3 m127.6 m167.5 m

Interest expense

716 k2.5 m

Pre tax profit

29.7 m38.8 m50.5 m54.6 m59.6 m67.3 m73.8 m83.4 m86.9 m121.6 m

Income tax expense

10.1 m13.7 m15.7 m17.4 m18.8 m19.4 m21.5 m23.7 m20.3 m10.5 m
Annual
USDFY, 2016

Cash

27.5 m

Accounts Receivable

21.6 m

Inventories

1.6 b

Total Assets

1.9 b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Cash

14.2 m17.6 m21.9 m25.6 m18.7 m28.2 m16.2 m16.3 m19.7 m33 m

Accounts Receivable

12.2 m13.2 m15.8 m15 m17.1 m17.2 m21.1 m20.3 m23.5 m46 m

Inventories

845.9 m897.2 m1.1 b1.2 b1.2 b1.4 b1.4 b1.6 b1.7 b2.5 b

PP&E

6.6 m
Annual
USDFY, 2016

Net Income

222.6 m

Depreciation and Amortization

4.1 m

Cash From Operating Activities

273.5 m

Purchases of PP&E

(3.2 m)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

19.6 m25.1 m34.8 m37.2 m40.8 m48 m52.3 m59.7 m66.6 m111.1 m

Depreciation and Amortization

897 k

Cash From Operating Activities

221.9 m

Purchases of PP&E

(508 k)
USDY, 2018

Financial Leverage

1.4 x
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