ESNT vs. MTG, RDN, AGO, ORI, NMIH, ADC, PB, BNRE, BOKF, and AIRC
Should you be buying Essent Group stock or one of its competitors? The main competitors of Essent Group include MGIC Investment (MTG), Radian Group (RDN), Assured Guaranty (AGO), Old Republic International (ORI), NMI (NMIH), Agree Realty (ADC), Prosperity Bancshares (PB), Brookfield Reinsurance (BNRE), BOK Financial (BOKF), and Apartment Income REIT (AIRC). These companies are all part of the "finance" sector.
MGIC Investment (NYSE:MTG) and Essent Group (NYSE:ESNT) are both mid-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, community ranking, earnings, analyst recommendations, risk, valuation, dividends, media sentiment and institutional ownership.
MGIC Investment pays an annual dividend of $0.46 per share and has a dividend yield of 2.2%. Essent Group pays an annual dividend of $1.12 per share and has a dividend yield of 2.1%. MGIC Investment pays out 18.5% of its earnings in the form of a dividend. Essent Group pays out 17.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. MGIC Investment has raised its dividend for 3 consecutive years and Essent Group has raised its dividend for 5 consecutive years.
MGIC Investment has higher revenue and earnings than Essent Group. MGIC Investment is trading at a lower price-to-earnings ratio than Essent Group, indicating that it is currently the more affordable of the two stocks.
MGIC Investment received 50 more outperform votes than Essent Group when rated by MarketBeat users. Likewise, 67.27% of users gave MGIC Investment an outperform vote while only 65.70% of users gave Essent Group an outperform vote.
95.6% of MGIC Investment shares are owned by institutional investors. Comparatively, 93.0% of Essent Group shares are owned by institutional investors. 1.1% of MGIC Investment shares are owned by company insiders. Comparatively, 2.9% of Essent Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
MGIC Investment has a beta of 1.24, meaning that its share price is 24% more volatile than the S&P 500. Comparatively, Essent Group has a beta of 1.04, meaning that its share price is 4% more volatile than the S&P 500.
Essent Group has a net margin of 62.75% compared to Essent Group's net margin of 61.72%. Essent Group's return on equity of 14.82% beat MGIC Investment's return on equity.
MGIC Investment currently has a consensus target price of $21.08, indicating a potential upside of 2.95%. Essent Group has a consensus target price of $58.38, indicating a potential upside of 8.14%. Given MGIC Investment's stronger consensus rating and higher probable upside, analysts clearly believe Essent Group is more favorable than MGIC Investment.
In the previous week, MGIC Investment had 1 more articles in the media than Essent Group. MarketBeat recorded 6 mentions for MGIC Investment and 5 mentions for Essent Group. MGIC Investment's average media sentiment score of 0.98 beat Essent Group's score of 0.91 indicating that Essent Group is being referred to more favorably in the news media.
Summary
Essent Group beats MGIC Investment on 12 of the 21 factors compared between the two stocks.
Get Essent Group News Delivered to You Automatically
Sign up to receive the latest news and ratings for ESNT and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding ESNT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Essent Group Competitors List
Related Companies and Tools
