earnings
confidence high
sentiment positive
materiality 0.70
Essent Group Q4 net income $175.4M ($1.64 EPS); dividend raised to $0.28
Essent Group Ltd.
2023-FY EPS reported
$6.50
revenue$1,109,759,000
- Q4 2023 net income $175.4M ($1.64 diluted EPS) vs $147.4M ($1.37) a year ago.
- Full-year 2023 net income $696.4M ($6.50 EPS) vs $831.4M ($7.72) in 2022.
- New insurance written Q4 $8.8B; insurance in force $239.1B as of Dec. 31, 2023.
- Quarterly dividend raised to $0.28 per share, payable March 22 to holders of record March 13.
- S&P upgraded Essent Guaranty and Essent Reinsurance to 'A-' from 'BBB+', stable outlook.