RBC Capital analyst Rowland Mayor initiated coverage of Essent Group (ESNT) with a Sector Perform rating and $68 price target The firm expects the company’s earnings growth to be limited through 2028 and return on equity to come in below 12%. Essent faces limited earnings and premium growth from its core private mortgage insurance business, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESNT: