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NYSE:RE

Everest Re Group (RE) Stock Price, News & Analysis

Everest Re Group logo

About Everest Re Group Stock (NYSE:RE)

Key Stats

Today's Range
N/A
50-Day Range
$332.87
$387.10
52-Week Range
N/A
Volume
406,900 shs
Average Volume
345,684 shs
Market Capitalization
$13.80 billion
P/E Ratio
20.84
Dividend Yield
1.88%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through Reinsurance Operations and Insurance Operations segments. The Reinsurance Operations segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines brokers, and general agents in the United States, Bermuda, Canada, Europe, South America, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and property and casualty reinsurance and insurance coverages, including marine, aviation, surety, errors and omissions liability, directors' and officers' liability, medical malpractice, mortgage reinsurance, other specialty lines, accident and health, and workers' compensation products. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was founded in 1973 and is headquartered in Hamilton, Bermuda.

Everest Re Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
66th Percentile Overall Score

RE MarketRank™: 

Everest Re Group scored higher than 66% of companies evaluated by MarketBeat, and ranked 464th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Everest Re Group.

  • Earnings Growth

    Earnings for Everest Re Group are expected to grow by 28.32% in the coming year, from $43.25 to $55.50 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Everest Re Group is 20.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.73.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Everest Re Group is 20.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.73.

  • Price to Earnings Growth Ratio

    Everest Re Group has a PEG Ratio of 0.28. PEG Ratios below 1 indicate that a company could be undervalued.

  • Short Interest

    There is no current short interest data available for RE.
  • Dividend Yield

    Everest Re Group pays a meaningful dividend of 1.88%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Everest Re Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Everest Re Group is 39.15%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Everest Re Group will have a dividend payout ratio of 11.89% next year. This indicates that Everest Re Group will be able to sustain or increase its dividend.

  • Read more about Everest Re Group's dividend.
  • Short Interest

    There is no current short interest data available for RE.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Everest Re Group this week, compared to 2 articles on an average week.
  • Search Interest

    Only 1 people have searched for RE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Everest Re Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.40% of the stock of Everest Re Group is held by insiders.

  • Percentage Held by Institutions

    94.39% of the stock of Everest Re Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Everest Re Group's insider trading history.
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RE Stock News Headlines

Everest Group price target lowered to $393 from $429 at Jefferies
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Jefferies Downgrades Everest Group (EG)
Analyst Scoreboard: 10 Ratings For Everest Group
TD Cowen Gives a Hold Rating to Everest Group (EG)
Everest Group price target lowered to $419 from $444 at TD Cowen
See More Headlines

RE Stock Analysis - Frequently Asked Questions

Everest Re Group, Ltd. (NYSE:RE) posted its earnings results on Monday, May, 1st. The insurance provider reported $11.31 earnings per share for the quarter, missing analysts' consensus estimates of $12.48 by $1.17. The firm's revenue was up 18.4% on a year-over-year basis.
Read the conference call transcript
.

Based on aggregate information from My MarketBeat watchlists, some other companies that Everest Re Group investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Exxon Mobil (XOM) and Chevron (CVX).

Company Calendar

Last Earnings
5/01/2023
Today
12/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Reinsurance
CUSIP
G3223R10
Employees
2,428
Year Founded
1973

Profitability

Net Income
$597 million
Pretax Margin
5.57%

Debt

Sales & Book Value

Annual Sales
$12.06 billion
Book Value
$215.52 per share

Miscellaneous

Free Float
38,725,000
Market Cap
$13.80 billion
Optionable
Optionable
Beta
0.60

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This page (NYSE:RE) was last updated on 12/22/2024 by MarketBeat.com Staff
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