Essent Group Ltd (ESNT)

Nov 7, 2026

Essent Group's reinsurance business has significantly expanded, with net premiums written surging to $330.3 million for the first nine months of the year, primarily driven by non-mortgage reinsurance. While pre-tax income for the reinsurance segment decreased, the wider group reported stable net income for the third quarter. Mortgage insurance remains Essent's largest business, and the company continues to repurchase shares and declared a quarterly dividend.

Nov 6, 2026

Essent Group reported Q3 2026 net income of $163 million, or $1.82 per diluted share, with a 12% annualized return on average equity, driven by strong MI business cash flow and solid credit performance. Insurance in force reached $250 billion, with a persistency rate of 83%, and the company announced a $0.35 per share dividend and a new $500 million share repurchase plan, having already repurchased nearly 8 million shares year-to-date. Management emphasized a balanced capital strategy, aiming for long-term shareholder value and strategic growth, including expansion in their P&C reinsurance platform.

Nov 6, 2026

Essent Group (ESNT) reported Q3 earnings of $1.82 per share, missing the Zacks Consensus Estimate of $1.88, despite revenues of $374.18 million which surpassed expectations. The company's stock has gained 5.5% year-to-date, underperforming the S&P 500, and currently holds a Zacks Rank #4 (Sell) due to unfavorable earnings estimate revisions.