Essent Group Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 07
U.S. Thrifts and Mortgage Finance Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies30
- 7D8.1%
- 3M12.1%
- 1Y35.3%
- YTDn/a
In the last week, the Thrifts and Mortgage Finance industry is up 9.7%, with PennyMac Financial Services leading the way with a 7.5% gain. During this same period, the Federal Agricultural Mortgage underperformed, falling 5.7%. This takes the industry's 12 month performance to a gain of 30%. As for the next few years, earnings are expected to grow by 40% per annum.
Industry Valuation and Performance
Has the U.S. Thrifts and Mortgage Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$82.0b | US$20.1b | US$3.7b | 8.4x | 22.3x | 4.1x |
| Sat, 06 Apr 2024 | US$78.0b | US$19.1b | US$3.4b | 8.7x | 22.8x | 4.1x |
| Mon, 04 Mar 2024 | US$76.2b | US$19.2b | US$3.3b | 8.2x | 23.3x | 4x |
| Wed, 31 Jan 2024 | US$80.2b | US$19.7b | US$3.3b | 9.9x | 24.6x | 4.1x |
| Fri, 29 Dec 2023 | US$85.5b | US$19.7b | US$3.2b | 9.4x | 26.4x | 4.3x |
| Sun, 26 Nov 2023 | US$65.3b | US$19.7b | US$3.2b | 8.7x | 20.2x | 3.3x |
| Tue, 24 Oct 2023 | US$60.8b | US$20.0b | US$4.0b | 9.1x | 15x | 3x |
| Thu, 21 Sep 2023 | US$67.1b | US$20.0b | US$4.0b | 9.6x | 16.6x | 3.4x |
| Sat, 19 Aug 2023 | US$72.5b | US$19.9b | US$4.0b | 11.2x | 17.9x | 3.6x |
| Mon, 17 Jul 2023 | US$71.0b | US$20.3b | US$4.3b | 10.2x | 16.6x | 3.5x |
| Wed, 14 Jun 2023 | US$66.5b | US$20.3b | US$4.3b | 10.4x | 15.5x | 3.3x |
| Fri, 12 May 2023 | US$59.9b | US$19.9b | US$4.4b | 8.8x | 13.5x | 3x |
| Sun, 09 Apr 2023 | US$61.7b | US$24.0b | US$5.7b | 7.4x | 10.7x | 2.6x |
| Tue, 07 Mar 2023 | US$91.5b | US$32.4b | US$8.2b | 12x | 11.2x | 2.8x |
| Thu, 02 Feb 2023 | US$95.0b | US$35.8b | US$8.7b | 11.5x | 10.9x | 2.7x |
| Sat, 31 Dec 2022 | US$82.6b | US$35.7b | US$8.7b | 11.4x | 9.5x | 2.3x |
| Mon, 28 Nov 2022 | US$85.5b | US$35.8b | US$8.7b | 11.9x | 9.9x | 2.4x |
| Wed, 26 Oct 2022 | US$79.0b | US$40.3b | US$9.2b | 11.3x | 8.6x | 2x |
| Fri, 23 Sep 2022 | US$82.4b | US$40.3b | US$9.2b | 11.6x | 9x | 2x |
| Sun, 21 Aug 2022 | US$94.5b | US$40.3b | US$9.2b | 11.9x | 10.3x | 2.3x |
| Tue, 19 Jul 2022 | US$85.7b | US$44.9b | US$9.0b | 11.6x | 9.5x | 1.9x |
| Thu, 16 Jun 2022 | US$80.9b | US$44.9b | US$9.0b | 11.5x | 9x | 1.8x |
| Sat, 14 May 2022 | US$84.9b | US$45.0b | US$9.0b | 12.4x | 9.4x | 1.9x |
| Mon, 11 Apr 2022 | US$94.9b | US$50.1b | US$9.6b | 11.9x | 9.9x | 1.9x |
| Wed, 09 Mar 2022 | US$105.9b | US$50.7b | US$9.9b | 12.2x | 10.7x | 2.1x |
| Fri, 04 Feb 2022 | US$109.8b | US$54.1b | US$13.8b | 12.6x | 8x | 2x |
| Sun, 02 Jan 2022 | US$119.4b | US$55.0b | US$14.1b | 12.3x | 8.5x | 2.2x |
| Tue, 30 Nov 2021 | US$123.4b | US$55.1b | US$14.1b | 12.4x | 8.7x | 2.2x |
| Thu, 28 Oct 2021 | US$131.6b | US$59.3b | US$16.1b | 12.1x | 8.2x | 2.2x |
| Sat, 25 Sep 2021 | US$128.2b | US$59.2b | US$16.1b | 12.1x | 8x | 2.2x |
| Mon, 23 Aug 2021 | US$82.3b | US$59.0b | US$14.5b | 12.1x | 5.7x | 1.4x |
| Sat, 10 Jul 2021 | US$80.8b | US$59.0b | US$14.5b | 12x | 5.6x | 1.4x |
Price to Earnings Ratio
6x
Current Industry PE
- Investors are optimistic on the American Thrifts and Mortgage Finance industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 22.3x which is higher than its 3-year average PE of 12.4x.
- The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Thrifts and Mortgage Finance industry have declined 37% per year over the last three years,
- Revenues have also declined 31% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does U.S. Thrifts and Mortgage Finance compare with similar industries?
| US Market | 3.30% | |
| Financials | 2.80% | |
| Mortgage Finance | 0% | |
| Thrifts and Mortgage Finance | 8.07% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| COOP Mr. Cooper Group | US$82.16 | 6.0% +US$301.0m | 91.1% | PE8.3x | |
| PFSI PennyMac Financial Services | US$91.76 | 6.4% +US$282.6m | 60.1% | PE30.4x | |
| ESNT Essent Group | US$56.01 | 4.5% +US$257.9m | 28.5% | PE8.5x | |
| MBIN Merchants Bancorp | US$47.04 | 13.1% +US$235.8m | 103.6% | PE7.4x | |
| ACT Enact Holdings | US$31.49 | 5.0% +US$213.2m | 31.6% | PE7.6x |
