earnings
confidence high
sentiment neutral
materiality 0.55
Essent Group Q3 2024 net income $176.2M ($1.65 EPS); declares $0.28 dividend
Essent Group Ltd.
2024-Q3 EPS reported
$5.26
revenue$927,877,000
- Net income Q3 2024: $176.2M ($1.65 diluted EPS), vs $178.0M ($1.66) in Q3 2023.
- New insurance written $12.5B, consistent; insurance in force $243.0B, up from $240.7B in Q2 2024.
- Net investment income for 9 months $165.5M, up 22% YoY.
- Closed Radnor Re 2024-1, $363M collateralized reinsurance coverage.
- Declared $0.28 quarterly dividend, payable Dec 11, 2024 to holders of record Dec 2.