Essent (ESNT) Shares Fall 5% on Q4 Net Income Decline

ESSNT stock closed 5% lower on February 13, 2026, following the release of fourth-quarter net income that declined 12% year-over-year to $21.5 million. The company reported revenue of $348 million for the quarter, down 8% from $377 million in the same period last year. CEO Mark Thompson stated the decline reflects continued pressure from higher energy prices and lower natural gas demand, with the company maintaining its guidance for 2026 capital expenditures at $400 million.