7/1013 sources · 6 publishersUpdated Nov 7, 16:29 UTC
Essent reports Q3 2026 earnings and authorizes $500 million share repurchase plan
+1 new source since this summary was written
Essent Group Ltd. posted third‑quarter 2026 net income of $163.4 million, or $1.82 per diluted share, on revenue of $374.2 million. The company wrote $12.1 billion of new mortgage insurance and had $250.1 billion of insurance in force at quarter‑end. Its board approved a $500 million share‑repurchase program through year‑end 2028 and declared a $0.35 quarterly dividend.
Why it matters
The new buy‑back authorization expands Essent’s capacity to return capital, potentially supporting the share price. The dividend adds immediate cash return for shareholders.
Key facts
- 1Q3 2026 net income was $163.4 million, or $1.82 per diluted share. tradingview.com
- 2Revenue for the quarter was $374.2 million. finance.yahoo.com
- 3New mortgage insurance written in the quarter was $12.1 billion. stocktitan.net
- 4Insurance in force at September 30 2026 was $250.1 billion. stocktitan.net
- 5The board approved a $500 million share‑repurchase authorization running through year‑end 2028. stocktitan.net
- 6The company declared a quarterly cash dividend of $0.35 per share. tradingview.com
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.