Essent Group reported Q1 2026 earnings per share of $1.82, beating estimates by 5.8%. Despite this, the company faces ongoing structural challenges in the private mortgage insurance sector, including slowed revenue growth, rising losses, and declining market share for new insurance. EPS gains are mainly due to aggressive share buybacks, while persistency rates remain strong at 84.7%. With a 2.3% dividend yield and a low forward PE of 8.38, Essent trades at a depressed valuation, but limited near-term catalysts keep its rating at Hold.
Bitcoin ETFs experienced $70.4 million in outflows and Ethereum ETFs lost $28.1 million in a consecutive retreat, totaling $98.5 million leaving US-listed crypto funds in a single day. This marks at least the second straight session of net negative f...
Polaris Inc. released its 2025 Geared For Good Report highlighting advances in product innovation, environmental sustainability, community engagement, and employee development. Key achievements include launching the affordable RANGER 500, eliminating...
Walmart is set to report its fiscal first-quarter earnings, with analysts expecting 66 cents per share on $175 billion in revenue. The report is highly anticipated as it may provide key insights into the health of US consumer spending amidst rising g...
India's smart grid modernization advances with the shipment of over 500,000 Wi-SUN-compliant communication modules powered by Silicon Labs' EFR32FG28 dual-band Wireless SoC. This technology supports secure, interoperable RF mesh networks essential fo...
Zcash (ZEC) defended its $500 support level and surged to a local high of $593, currently trading around $581. A major whale opened a 10x leveraged long position worth $21.59 million, pushing bullish momentum as futures inflows outpaced outflows. Des...
