In a report released yesterday, Bose George from KBW reiterated a Buy rating on Essent Group (NYSE: ESNT), with a price target of $52. The company’s shares closed on Friday at $39.93.
According to TipRanks.com, George is a 5-star analyst with an average return of 13.6% and a 71.4% success rate. George covers the Financial sector, focusing on stocks such as Fidelity National Financial, MTGE Investment Corp, and Assured Guaranty Ltd.
Currently, the analyst consensus on Essent Group is a Moderate Buy with an average price target of $52.
See today’s analyst top recommended stocks >>
Based on Essent Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $112 million. In comparison, last year the company had a net profit of $72.12 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Essent Group Ltd. is a holding company, which engages in the provision of banking services. It offers mortgage insurance, reinsurance, and risk management products. The company was founded by Mark A. Casale on July 1, 2008 and is headquartered in Hamilton, Bermuda.
