Earnings & Results
Essent Group to Report Q3 Results Friday With Analysts Expecting 13.2% Revenue Growth
By News Desk ·
Key takeaways
- Essent Group reports Q3 results Friday morning, with the market expecting revenue to grow 13.2% year on year.
- Essent Group posted revenue of $362.7 million last quarter, up 13.6% year on year and ahead of analysts' expectations.
- Analysts have an average price target of $72.13 on Essent Group, compared with a current share price of $69.35.
Essent Group will report third-quarter results on Friday morning, with the market expecting revenue to grow 13.2% year on year, according to TradingView. The mortgage insurance provider recorded a 1.5% revenue decrease in the same quarter last year.
Essent Group's Q3 Expectations and Last Quarter
Essent Group beat analysts' revenue expectations last quarter, reporting revenues of $362.7 million, up 13.6% year on year. The report described it as a stunning quarter for the company, with a beat of analysts' EPS estimates.
Analysts covering Essent Group have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Essent Group has missed Wall Street's revenue estimates multiple times over the last two years.
Among peers in the property and casualty insurance segment, Palomar Holdings delivered year-on-year revenue growth of 58%, beating analysts' expectations by 8.4%, and Assurant reported revenues up 9.7%, topping estimates by 2.4%. Assurant traded up 4.2% following the results.
Essent Group is a Bermuda-domiciled holding company that provides private mortgage insurance, reinsurance, and title insurance and settlement services to US mortgage lenders and the housing finance industry, according to akta.pro company records.
Essent Group's Capital Returns and Reinsurance Push
The same records show Essent Group's board authorized a new $500 million share repurchase program through 2027. Essent Re entered into Lloyd's of London quota share agreements for property and casualty reinsurance, targeting $100-150 million in written premium with approximately two-thirds earned in 2026.
Essent Group reported Q1 2026 revenue of $336.07 million, up 5.8% year over year. Full-year 2025 net income was $690.0 million, or $6.90 per share, down from $729.4 million in 2024.
AM Best Affirmation and Analyst Views Ahead of Results
On October 9, 2026, AM Best affirmed the Financial Strength Rating of A and Long-Term Issuer Credit Ratings of 'a' for Essent Group's operating subsidiaries, with a stable outlook, FinancialContent Business Page reported.
On October 30, 2026, MarketBeat reported that analysts projected $1.85 per share and $344.17 million in revenue for the quarter, with a consensus 'Hold' rating and a price target of $71.14.
Essent Group's Friday Results
Essent Group's third-quarter results are due Friday morning. The report gives an average analyst price target of $72.13, compared with a current share price of $69.35.