NYSE$ESNT
Essent Group · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Essent Group reported strong financial results for Q4 2019, marked by an increase in net income and a Moody's upgrade of their financial strength rating.
Essent Group Ltd. reported a net income of $147.0 million, or $1.49 per diluted share, for the quarter ended December 31, 2019, compared to $128.5 million, or $1.31 per diluted share, for the quarter ended December 31, 2018. The company's Board of Directors declared a quarterly cash dividend of $0.16 per common share.
- Insurance in force as of December 31, 2019, was $164.0 billion, compared to $137.7 billion as of December 31, 2018.
- New insurance written for the fourth quarter was $15.8 billion, compared to $11.4 billion in the fourth quarter of 2018.
- Net premiums earned for the fourth quarter were $207.7 million, compared to $173.3 million in the fourth quarter of 2018.
- The expense ratio for the fourth quarter was 19.9%, compared to 22.8% in the fourth quarter of 2018.
Headline financials
Revenue & EPS history
Essent · Revenue · Quarterly
$229M
Forward guidance
Essent management expressed optimism about the company's future prospects, citing a favorable operating environment and strong credit performance. However, they also acknowledged potential risks and uncertainties that could impact their expectations.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
+0.9%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.3%
Avg return
30 days after
65%
32 / 49 earnings
Positive
+7.2%
Q2 2014
Best reaction
-9.8%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.1% | -2.7% | -6.8% | |
| Q4 2025 | -6.4% | -6.7% | -11.5% | |
| Q3 2025 | +0.6% | +1.2% | +1.8% | |
| Q1 2025 | -0.4% | -0.4% | -1.5% | |
| Q4 2024 | -2.6% | +0.3% | -4.3% | |
| Q3 2024 | -9.8% | -6.0% | -3.7% | |
| Q2 2024 | -4.4% | -4.2% | +5.0% | |
| Q1 2024 | +2.7% | +3.2% | +4.5% | |
| Q4 2023 | +0.3% | -1.3% | +2.0% | |
| Q3 2023 | +2.7% | +1.8% | +2.6% | |
| Q2 2023 | +4.1% | +3.0% | -0.7% | |
| Q1 2023 | +5.0% | +6.3% | +12.6% | |
| Q4 2022 | +2.5% | +3.1% | -6.1% | |
| Q3 2022 | +0.9% | -2.4% | +3.5% | |
| Q2 2022 | +0.2% | +0.4% | -8.8% | |
| Q1 2022 | -0.7% | -2.3% | +2.1% | |
| Q4 2021 | -0.5% | +2.3% | -10.5% | |
| Q3 2021 | +1.6% | -0.2% | -9.8% | |
| Q2 2021 | +2.4% | +3.6% | +1.3% | |
| Q1 2021 | -2.5% | -6.8% | -4.1% | |
| Q4 2020 | -0.2% | -0.3% | +0.3% | |
| Q3 2020 | +5.2% | +3.1% | +9.4% | |
| Q2 2020 | +4.0% | +3.7% | +3.7% | |
| Q1 2020 | -1.2% | -11.5% | +30.4% | |
| Q4 2019 | -5.1% | -9.0% | -27.6% | |
| Q3 2019 | +1.3% | +2.8% | +2.4% | |
| Q2 2019 | -1.2% | +1.3% | +6.9% | |
| Q1 2019 | +1.7% | -2.4% | -2.0% | |
| Q4 2018 | +0.8% | +4.7% | +3.8% | |
| Q3 2018 | -3.0% | -3.5% | -13.3% | |
| Q2 2018 | +5.3% | +7.3% | +13.4% | |
| Q1 2018 | +5.5% | +4.1% | +2.6% | |
| Q4 2017 | +3.1% | +9.4% | +9.8% | |
| Q3 2017 | -0.5% | +1.3% | +11.4% | |
| Q2 2017 | +5.9% | +1.7% | +1.6% | |
| Q1 2017 | -5.4% | -0.2% | -0.5% | |
| Q4 2016 | +1.7% | +0.4% | -3.1% | |
| Q3 2016 | +4.8% | +8.5% | +20.9% | |
| Q2 2016 | +6.9% | +10.5% | +11.8% | |
| Q1 2016 | +4.8% | — | — | |
| Q4 2015 | +1.4% | — | — | |
| Q3 2015 | +2.4% | — | — | |
| Q2 2015 | -5.7% | — | — | |
| Q1 2015 | +3.0% | — | — | |
| Q4 2014 | +0.6% | — | — | |
| Q3 2014 | +0.2% | — | — | |
| Q2 2014 | +7.2% | — | — | |
| Q1 2014 | +3.8% | — | — | |
| Q4 2013 | -2.4% | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — |
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