$1.12 EPS Expected for VeriSign, Inc. (VRSN); Waterstone Capital Management LP Lowered Essent Group LTD (ESNT) Holding

VeriSign, Inc. (NASDAQ:VRSN) Logo

Analysts expect VeriSign, Inc. (NASDAQ:VRSN) to report $1.12 EPS on February, 7 after the close.They anticipate $0.23 EPS change or 25.84% from last quarter’s $0.89 EPS. VRSN’s profit would be $135.39M giving it 35.25 P/E if the $1.12 EPS is correct. After having $1.13 EPS previously, VeriSign, Inc.’s analysts see -0.88% EPS growth. The stock increased 0.10% or $0.15 during the last trading session, reaching $157.91. About 99,739 shares traded. VeriSign, Inc. (NASDAQ:VRSN) has risen 39.16% since January 11, 2018 and is uptrending. It has outperformed by 39.16% the S&P500. Some Historical VRSN News: 26/04/2018 – VRSN SEES FY REV. $1.2B-1.215B, SAW $1.195B-$1.215B,EST. $1.21B; 26/04/2018 – VeriSign 1Q EPS $1.09; 15/05/2018 – S&P REVISES VERISIGN INC. TO RATING ‘BBB-‘ FROM ‘BB+’; OUTLOOK ‘STABLE’; 22/04/2018 DJ VeriSign Inc, Inst Holders, 1Q 2018 (VRSN); 26/04/2018 – VeriSign 1Q Net $134.3M; 26/04/2018 – VeriSign 1Q Rev $299.3M; 24/04/2018 – VeriSign Closes Below 50-Day Moving Average: Technicals; 15/05/2018 – S&PGR Upgrds Verisign To ‘BBB-‘ On Impvd Lvg; Otlk Stbl; 26/04/2018 – VERISIGN 1Q REV. $299M, EST. $298.0M; 26/04/2018 – VERISIGN SEES 2018 REV. $1.2B-1.215B

Waterstone Capital Management Lp decreased Essent Group Ltd (ESNT) stake by 51.22% reported in 2018Q3 SEC filing. Waterstone Capital Management Lp sold 63,000 shares as Essent Group Ltd (ESNT)’s stock declined 21.67%. The Waterstone Capital Management Lp holds 60,000 shares with $2.66M value, down from 123,000 last quarter. Essent Group Ltd now has $3.55 billion valuation. The stock decreased 2.46% or $0.91 during the last trading session, reaching $36.15. About 110,234 shares traded. Essent Group Ltd. (NYSE:ESNT) has declined 23.25% since January 11, 2018 and is downtrending. It has underperformed by 23.25% the S&P500. Some Historical ESNT News: 04/05/2018 – Essent Group 1Q Rev $167.5M; 07/05/2018 – ESSENT GROUP LTD – ALL OTHER MATERIAL TERMS OF CREDIT AGREEMENT, AS AMENDED BY AMENDMENT, REMAIN UNCHANGED; 12/03/2018 – Essent Closes Below 50-Day Moving Average: Technicals; 23/03/2018 – ESSENT GROUP REPORTS CLOSING OF $424.4M REINSURANCE TRANSACTION; 04/05/2018 – Essent Group 1Q EPS $1.13; 07/05/2018 – ESSENT GROUP – AMENDMENT PROVIDES FOR $100 MLN UNCOMMITTED LINE THAT MAY BE EXERCISED AT BORROWERS’ OPTION SO LONG AS BORROWERS RECEIVE COMMITMENTS; 30/05/2018 – Essent Presenting at Conference Tomorrow; 15/03/2018 – ESSENT GROUP LTD. ANNOUNCES PRICING OF MORTGAGE INSURANCE-LINKED NOTES; 30/05/2018 – Essent Group Announces Jane Chwick and Angela Heise Have Joined Board of Directors; 30/05/2018 – Essent Group Ltd. Announces Jane P. Chwick & Angela Heise Have Joined Board of Directors

More notable recent Essent Group Ltd. (NYSE:ESNT) news were published by: Businesswire.com which released: “Essent Announces Launch of EssentEDGE – Business Wire” on January 07, 2019, also Seekingalpha.com with their article: “Mortgage insurers plunge on MGIC price cut – Seeking Alpha” published on April 09, 2018, Seekingalpha.com published: “Essent Group Ltd. 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on November 09, 2018. More interesting news about Essent Group Ltd. (NYSE:ESNT) were released by: Seekingalpha.com and their article: “Essent Group: Red-Hot Financials With Miles Of Room To Grow – Seeking Alpha” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Essent Group (ESNT) CEO Mark Casale on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: August 03, 2018.

Investors sentiment increased to 1.4 in Q3 2018. Its up 0.38, from 1.02 in 2018Q2. It improved, as 16 investors sold ESNT shares while 72 reduced holdings. 47 funds opened positions while 76 raised stakes. 84.31 million shares or 1.07% more from 83.42 million shares in 2018Q2 were reported. State Board Of Administration Of Florida Retirement has 41,667 shares for 0% of their portfolio. Marshall Wace Limited Liability Partnership invested in 0.15% or 404,667 shares. Investec Asset Mngmt Ltd stated it has 0.13% of its portfolio in Essent Group Ltd. (NYSE:ESNT). Bluemountain Cap Management Ltd, a New York-based fund reported 168,103 shares. Polar Cap Ltd Liability Partnership owns 0.67% invested in Essent Group Ltd. (NYSE:ESNT) for 1.78 million shares. Susquehanna International Gp Ltd Liability Partnership stated it has 0% of its portfolio in Essent Group Ltd. (NYSE:ESNT). Geode Mngmt Ltd Com stated it has 0.02% of its portfolio in Essent Group Ltd. (NYSE:ESNT). Baltimore invested in 104,083 shares or 0.83% of the stock. Ellington Management Gp Limited Liability Company reported 0.42% stake. Numerixs Investment holds 14,066 shares or 0.11% of its portfolio. Alliancebernstein Lp has 2.95M shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 5,220 shares. Ameriprise Fincl Inc invested 0% in Essent Group Ltd. (NYSE:ESNT). Mckinley Capital Management Ltd Limited Liability Company Delaware owns 3,254 shares for 0.01% of their portfolio. Westfield Cap Mgmt Communications LP owns 925,627 shares for 0.29% of their portfolio.

Among 3 analysts covering Essent Group (NYSE:ESNT), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Essent Group had 4 analyst reports since July 23, 2018 according to SRatingsIntel. JP Morgan maintained Essent Group Ltd. (NYSE:ESNT) on Wednesday, October 24 with “Neutral” rating. The firm has “Overweight” rating by Barclays Capital given on Monday, November 12. JP Morgan maintained Essent Group Ltd. (NYSE:ESNT) rating on Monday, July 23. JP Morgan has “Neutral” rating and $40 target. Susquehanna maintained Essent Group Ltd. (NYSE:ESNT) rating on Monday, August 6. Susquehanna has “Positive” rating and $58 target.

Analysts await Essent Group Ltd. (NYSE:ESNT) to report earnings on February, 8. They expect $1.15 earnings per share, up 45.57% or $0.36 from last year’s $0.79 per share. ESNT’s profit will be $112.87M for 7.86 P/E if the $1.15 EPS becomes a reality. After $1.18 actual earnings per share reported by Essent Group Ltd. for the previous quarter, Wall Street now forecasts -2.54% negative EPS growth.

Since September 10, 2018, it had 1 buying transaction, and 5 insider sales for $3.87 million activity. 18,781 shares were sold by Gibbons Mary Lourdes, worth $847,962 on Wednesday, September 12. WEINSTOCK DAVID B sold $91,020 worth of stock. The insider MCALEE LAWRENCE E JR sold 16,818 shares worth $756,584. $1.00M worth of Essent Group Ltd. (NYSE:ESNT) shares were sold by Cashmer Jeff. GLANVILLE ROBERT had bought 2,000 shares worth $72,240 on Thursday, December 6. 27,869 shares were sold by Bhasin Vijay, worth $1.24M.

More notable recent VeriSign, Inc. (NASDAQ:VRSN) news were published by: Nasdaq.com which released: “Annual Changes to the NASDAQ-100 Index – Nasdaq” on December 14, 2018, also Businesswire.com with their article: “Verisign to Report Fourth Quarter and Full Year 2018 Financial Results – Business Wire” published on January 02, 2019, Seekingalpha.com published: “VeriSign: Just Doesn’t Add Up – Seeking Alpha” on October 01, 2018. More interesting news about VeriSign, Inc. (NASDAQ:VRSN) were released by: Nasdaq.com and their article: “S&P 500 Movers: KHC, VRSN – Nasdaq” published on November 02, 2018 as well as Seekingalpha.com‘s news article titled: “VeriSign, Inc. 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” with publication date: October 25, 2018.

VeriSign, Inc. provides domain name registry services and Internet security worldwide. The company has market cap of $19.09 billion. The firm offers registry services that operate the authoritative directory of .com, .net, .cc, .tv, and .name domain names, as well as the back-end systems for .gov, .jobs, .edu, and other domain names. It has a 38.72 P/E ratio. The Company’s registry services allow individuals and organizations to establish their online identities.

Among 3 analysts covering VeriSign (NASDAQ:VRSN), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. VeriSign had 4 analyst reports since July 27, 2018 according to SRatingsIntel. The rating was upgraded by Robert W. Baird on Friday, November 2 to “Outperform”. JP Morgan upgraded it to “Neutral” rating and $160 target in Friday, November 2 report. JP Morgan maintained the stock with “Underweight” rating in Friday, July 27 report. Citigroup maintained the stock with “Neutral” rating in Friday, November 2 report.

Essent Group Ltd. (NYSE:ESNT) Ratings Chart