Top Wall Street Forecasters Revamp Essent Group Expectations Ahead Of Q1 Earnings

Group 1 - Essent Group Ltd. is set to release its Q1 earnings results on May 9, with expected earnings of $1.65 per share, a decrease from $1.70 per share in the same period last year [1] - The company anticipates quarterly revenue of $310.79 million, up from $298.36 million a year earlier [1] - In the previous quarter, Essent Group reported weaker-than-expected earnings [1] Group 2 - Essent Group shares increased by 0.6%, closing at $58.72 [2] - Analysts have provided various ratings and price targets for Essent Group, with Keefe, Bruyette & Woods maintaining an Outperform rating and lowering the price target from $71 to $65 [7] - JP Morgan upgraded the stock from Neutral to Overweight with a price target of $60, while RBC Capital reiterated an Outperform rating with a price target of $67 [7]