JPMorgan cuts target to USD 66 for Essent Group stock

Published on 10/20/2026 at 21:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Essent posted USD 362.69 million revenue in Q2 2026, up 13.60 percent year over year. Essent Group stock costs EUR 58.50 on October 20, 2026.

Target cut and reporting date

JPMorgan lowered its Essent Group target to USD 66.00 from USD 72.00 on October 12, 2026.
Essent Group will report third-quarter 2026 results on November 6, 2026.
Essent Group stock costs EUR 58.50 at Lang & Schwarz on October 20, 2026 at 9:38 p.m. CEST.

ESNT, BMG3198U1027, Illustration mit AI erstellt.

JPMorgan lowered its price target for Essent Group from USD 72.00 to USD 66.00 and kept a Neutral rating on October 12, 2026, as Markets Insider reported. At Lang & Schwarz, Essent Group stock was trading at EUR 58.50 on October 20, 2026 at 9:38 p.m. CEST.

Revenue growth meets a profit decline

Essent reported USD 362.69 million of total revenue in the second quarter of 2026, up 13.60 percent from USD 319.10 million a year earlier. Net income was USD 189.70 million, down from USD 195.30 million, while diluted earnings per share rose to USD 2.08 from USD 1.93, according to Stock Analyza on September 30, 2026.

The contrast matters for mortgage insurers because revenue growth did not translate into higher quarterly profit. The same analysis put annualized return on equity at 13.40 percent for the second quarter, compared with 12.00 percent in the first quarter.

Stock position and valuation

On the NYSE, ESNT was last at USD 65.57 on October 20, 2026 at 3:44 p.m. ET, up 0.78 percent from the prior close. The 52-week range was USD 55.34 to USD 70.37, leaving the stock 6.83 percent below its high. Essent Group had a market capitalization of USD 5.9 billion and a price-to-earnings ratio of 9.13.

What comes next for Essent

Essent will announce third-quarter 2026 results before the market opens on November 6, 2026, followed by a conference call at 10:00 a.m. ET, according to Fidelity on October 16, 2026. The upcoming report will test whether the company can sustain its return on equity while credit-loss provisions normalize.

JPMorgan's target cut leaves USD 66.00 as the latest named valuation marker, below the USD 71.14 average target cited in the October 2026 analyst coverage. The company entered the period with USD 7.6 billion in total assets at June 30, 2026.

Comparison with peers

Essent Group: up 0.78 percent, P/E 9.13, market capitalization USD 5.9 billion.

Radian Group: up 1.20 percent, P/E 8.78, market capitalization USD 4.6 billion.

NMI Holdings: up 1.13 percent, P/E 8.16, market capitalization USD 3.1 billion.

Price and the next report

The latest analyst action and the November reporting date give investors two concrete markers for the stock. The current euro quotation is separate from the NYSE price and is shown at Lang & Schwarz on October 20, 2026 at 9:38 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Essent Group stock.