InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,469.30
(
0.39%
)
US TECH 100
19,172.80
(
1.13%
)
Dow Jones
39,112.16
(
-0.76%
)
Brent Oil
84.19
(
-1.27%
)
Bitcoin
61,913.21
(
2.74%
)
Post# of 1369
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

tommiegun53

Send PM Follow Ignore
Followers 1
Posts 67
Boards Moderated 0
Alias Born 11/11/2016

tommiegun53

Re: 4Duxs post# 653

Thursday, 12/22/2016 11:18:49 PM

Thursday, December 22, 2016 11:18:49 PM

Post# of 1369
The newer PMI COMPANIES, ESSENT AND NMIH HOLDINGS don't have the loss ratios that MGIC AND RADIAN have so, their profit margins are potentially higher. ESSENT'S profit margin is higher than NMI HOLDINGS.

JP MORGAN AND GOLDMAN SACHS have ownership positions in ESSENT and send a great deal of the Mortgage Insurance to ESSENT. ESSENT'S growth has accelerated above NMI HOLDINGS because, of those relationships with JP MORGAN AND GOLDMAN SACHS.

On the other hand, MGIC AND RADIAN HAVE much larger premium revenues. The profit margin potential is much greater for the legacy PMI COMPANIES as their loss ratios decline.

The growth rate of ESSENT IS, I believe, is a contributing factor to ESNT'S high PRICE EARNINGS RATIO
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent MTG News
More MTG News
InvestorsHub NewsWire

Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM

ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM

Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM

Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM

Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM

Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM

Start posting your company's news
Only $200 per official company press release!