Essent Group Ltd ( (ESNT) ) has released its Q3 earnings. Here is a breakdown of the information Essent Group Ltd presented to its investors.
Essent Group Ltd., a Bermuda-based holding company, is a prominent player in the housing finance sector, offering private mortgage insurance, reinsurance, and title insurance services. Essent Group Ltd. reported its financial results for the third quarter of 2024, showcasing stable earnings with a net income of $176.2 million, or $1.65 per diluted share, a slight decrease from $178.0 million, or $1.66 per diluted share, in the same quarter of the previous year. The company also declared a quarterly cash dividend of $0.28 per common share, reflecting confidence in its financial stability and commitment to delivering shareholder value.
