Shares of Essent Group Ltd. (NYSE:ESNT) traded today at $54.22, eclipsing its 52-week high. This new high was reached on below average trading volume as 87,000 shares traded hands, while the average 30-day volume is approximately 1.1 million shares.
Essent Group Ltd. share prices have moved between a 52-week high of $54.22 and a 52-week low of $24.30 and are now trading 120% above that low price at $53.56 per share.
Essent Group Ltd. (NYSE:ESNT) is currently priced 1.2% above its average consensus analyst price target of $52.90.
Essent Group Ltd is a private mortgage insurance company in the United States. Essent provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.
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