Should I buy or sell Everest Re Group stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Everest Re Group in the last year. There are currently 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RE shares. View RE analyst ratings or view top-rated stocks .

What is Everest Re Group's stock price target for 2024?

3 analysts have issued 1-year price targets for Everest Re Group's shares. Their RE share price targets range from $406.00 to $450.00. On average, they expect the company's share price to reach $432.50 in the next year. View analysts price targets for RE or view top-rated stocks among Wall Street analysts .

How were Everest Re Group's earnings last quarter?

Everest Re Group, Ltd. (NYSE:RE) posted its earnings results on Monday, May, 1st. The insurance provider reported $11.31 EPS for the quarter, missing the consensus estimate of $12.48 by $1.17. The insurance provider had revenue of $3.33 billion for the quarter, compared to analysts' expectations of $3.10 billion. Everest Re Group had a trailing twelve-month return on equity of 12.98% and a net margin of 5.34%. Everest Re Group's quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $10.31 EPS. Read the conference call transcript .

How often does Everest Re Group pay dividends? What is the dividend yield for Everest Re Group?

Everest Re Group declared a quarterly dividend on Thursday, May 18th. Investors of record on Wednesday, May 31st will be paid a dividend of $1.65 per share on Friday, June 16th. This represents a $6.60 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Tuesday, May 30th. Read our dividend analysis for RE .

Is Everest Re Group a good dividend stock?

Everest Re Group (NYSE:RE) pays an annual dividend of $6.60 per share and currently has a dividend yield of 1.88%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 39.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RE will have a dividend payout ratio of 11.89% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RE .

What is Juan Andrade's approval rating as Everest Re Group's CEO?

1 employees have rated Everest Re Group Chief Executive Officer Juan Andrade on Glassdoor.com . Juan Andrade has an approval rating of 100% among the company's employees. This puts Juan Andrade in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Everest Re Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Everest Re Group investors own include Johnson & Johnson (JNJ) , Home Depot (HD) , AbbVie (ABBV) , UnitedHealth Group (UNH) , Exxon Mobil (XOM) , Bank of America (BAC) , iShares Biotechnology ETF (IBB) , Northrop Grumman (NOC) , Phillips 66 (PSX) and Adobe (ADBE) .

NYSE:RE

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

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Notice: This company has been marked as potentially delisted and may not be actively trading.

Compare

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: $432.50

Stock Analysis

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Everest Re Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.33 Rating Score
Upside/Downside: ∞ Upside
$432.50 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.71
Upright™ Environmental Score
News Sentiment: 0.54
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 28.32%
From $43.25 to $55.50 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.21 out of 5 stars

Finance Sector

269th out of 877 stocks

Fire, Marine, & Casualty Insurance Industry

16th out of 53 stocks

3.7

Analyst's Opinion

Consensus Rating
Everest Re Group has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Everest Re Group has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RE.

2.5

Dividend Strength

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 has only been increasing its dividend for 1 years.
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.

1.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Everest Re Group has received a -3.53% net impact score from Upright. Everest Re uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Equality & human rights". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Home warranties", "Cyber risk insurance for businesses", "Accident reinsurance services", "Credit reinsurance services", "Damage to property reinsurance services", and "Marine reinsurance services" products. See details.
Environmental Sustainability
The Environmental Impact score for Everest Re Group is -0.71.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Everest Re Group this week, compared to 3 articles on an average week.
Search Interest
1 people have searched for RE on MarketBeat in the last 30 days.

1.7

Company Ownership

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.

4.4

Earnings and Valuation

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 135.93.
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 57.82.
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.

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About Everest Re Group Stock (NYSE:RE)

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.

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RE Stock News Headlines

April 12, 2024 | yahoo.com

Using Kindness To Change Someone’s Mind

April 9, 2024 | msn.com

The Evolution of Mount Everest Ascents: A Historical and Statistical Analysis of Climbing Triumphs

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 8, 2024 | msn.com

Outgoing Wipro CEO Delaporte 'found it tough to win hearts and minds of traditional Indian IT firm'

April 7, 2024 | msn.com

An Electric Motorcycle Team Attempted the Brutal San Felipe 250

April 1, 2024 | msn.com

Baltimore Bridge Collapse Could Fuel Reinsurance Pricing

March 31, 2024 | yahoo.com

Book excerpt: 'Barons' examines US food system, including pork production

March 30, 2024 | msn.com

Norman Regional expanding again with a new cancer center

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

March 30, 2024 | msn.com

This Little-known Chain of 300-plus Volcanic Islands Is One of the Most Underrated U.S. Cruise Destinations — Here's How to Visit

March 28, 2024 | msn.com

From Novice to Expert: How Bitcoin Everest AI Can Help You Navigate the World of Crypto

March 27, 2024 | finance.yahoo.com

CI&T Named in Everest Group’s Global Retail IT Services and CPG IT Services PEAK Matrix® Assessments 2024

March 25, 2024 | finance.yahoo.com

Everest Expands Jim Williamson’s Role to Lead Company’s Global Underwriting Businesses

March 17, 2024 | uk.news.yahoo.com

Steve Harley, frontman of rock group Cockney Rebel, has died

March 16, 2024 | msn.com

David Breashears, Filmmaker who Co-produced Everest Documentary, Dies at 68

March 14, 2024 | nj.com

Super rare green ‘devil comet’ could be visible to naked eye. When, where to look.

March 13, 2024 | yahoo.com

European Union Passes World’s First Comprehensive AI Regulations

March 13, 2024 | finance.yahoo.com

Genpact Named a Leader in Financial Crime and Compliance by Everest Group for Fourth Consecutive Year

March 11, 2024 | msn.com

UAE: 4 kids to trek Everest Base Camp to raise money for children of determination

March 4, 2024 | msn.com

Next stop, Mt. Everest: Iowa native attempts 7 summits of the world

March 4, 2024 | msn.com

Everest Season About to Begin: Here’s What We Know

February 29, 2024 | bbc.co.uk

'I'm going to Everest to move on from school abuse'

February 29, 2024 | msn.com

Everest Group declares $1.75 dividend

February 29, 2024 | finance.yahoo.com

Decoding Everest Group Ltd (EG): A Strategic SWOT Insight

February 28, 2024 | yahoo.com

Darby Allin: Only A Yeti Or An Avalanche Will Stop Me From Climbing Mount Everest

February 27, 2024 | benzinga.com

Reinsurance Gr Coping with Challenges: Bouncing Back with Steady Distribution and Decreasing Investor Rewards

February 27, 2024 | finance.yahoo.com

Axtria Named a Leader in Everest Group Life Sciences Digital Services Specialists PEAK Matrix® Report

See More Headlines

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Company Calendar

Last Earnings: 5/01/2023
Today: 4/15/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Fire, marine, & casualty insurance
Sub-Industry: Reinsurance
Current Symbol: NYSE:RE
CUSIP: G3223R10
CIK: 1095073
Web: www.everestre.com
Phone: (441) 295-0006
Fax: 441-295-4828
Employees: 2,428
Year Founded: 1973

Price Target and Rating

Average Stock Price Target: $432.50
High Stock Price Target: $450.00
Low Stock Price Target: $406.00
Consensus Rating: Buy
Rating Score (0-4): 3.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $16.86
Trailing P/E Ratio: 20.84
Forward P/E Ratio: N/A
P/E Growth: 0.28
Net Income: $597 million
Net Margins: 5.34%
Pretax Margin: 5.57%
Return on Equity: 12.98%
Return on Assets: 2.79%

Debt

Debt-to-Equity Ratio: 0.34
Current Ratio: 0.33
Quick Ratio: 0.33

Sales & Book Value

Annual Sales: $12.06 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 12.28
Book Value: $215.52 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 39,280,000
Free Float: 38,725,000
Market Cap: $13.80 billion
Optionable: Optionable
Beta: 0.60

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Key Executives

Mr. Juan Carlos Andrade (Age 57)
Pres, CEO & Director
Comp: $4.85M
Mr. Mark Kociancic (Age 53)
Group Chief Financial Officer
Comp: $2.53M
Mr. James Allan Williamson (Age 49)
Exec. VP, Group COO & Head of Everest Reinsurance Division
Comp: $2.25M
Mr. Sanjoy Mukherjee (Age 56)
Advisor
Comp: $1.76M
Mr. Michael Karmilowicz (Age 54)
Exec. VP and Pres & CEO of Everest Insurance®
Comp: $2.05M
Mr. Seth W. Vance (Age 62)
Chief Investment Officer
Mr. Robert Joseph Freiling
Sr. VP & Chief Accounting Officer
Mr. Brian Lee Bedner
Head of Corp. Fin.
Mr. Srini Maddineni
Group Chief Information Officer, Sr. VP and Global CIO for Insurance & Reinsurance Systems
Mr. Matthew Jay Rohrmann
Sr. VP & Head of Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

RE Stock Analysis - Frequently Asked Questions

Should I buy or sell Everest Re Group stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Everest Re Group in the last year. There are currently 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RE shares.
View RE analyst ratings or view top-rated stocks.
What is Everest Re Group's stock price target for 2024?: 3 analysts have issued 1-year price targets for Everest Re Group's shares. Their RE share price targets range from $406.00 to $450.00. On average, they expect the company's share price to reach $432.50 in the next year.
View analysts price targets for RE or view top-rated stocks among Wall Street analysts.
How were Everest Re Group's earnings last quarter?: Everest Re Group, Ltd. (NYSE:RE) posted its earnings results on Monday, May, 1st. The insurance provider reported $11.31 EPS for the quarter, missing the consensus estimate of $12.48 by $1.17. The insurance provider had revenue of $3.33 billion for the quarter, compared to analysts' expectations of $3.10 billion. Everest Re Group had a trailing twelve-month return on equity of 12.98% and a net margin of 5.34%. Everest Re Group's quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $10.31 EPS.
Read the conference call transcript.
How often does Everest Re Group pay dividends? What is the dividend yield for Everest Re Group?: Everest Re Group declared a quarterly dividend on Thursday, May 18th. Investors of record on Wednesday, May 31st will be paid a dividend of $1.65 per share on Friday, June 16th. This represents a $6.60 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Tuesday, May 30th.
Read our dividend analysis for RE.

Is Everest Re Group a good dividend stock?: Everest Re Group (NYSE:RE) pays an annual dividend of $6.60 per share and currently has a dividend yield of 1.88%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 39.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RE will have a dividend payout ratio of 11.89% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RE.
What is Juan Andrade's approval rating as Everest Re Group's CEO?: 1 employees have rated Everest Re Group Chief Executive Officer Juan Andrade on Glassdoor.com. Juan Andrade has an approval rating of 100% among the company's employees. This puts Juan Andrade in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Everest Re Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Everest Re Group investors own include Johnson & Johnson (JNJ), Home Depot (HD), AbbVie (ABBV), UnitedHealth Group (UNH), Exxon Mobil (XOM), Bank of America (BAC), iShares Biotechnology ETF (IBB), Northrop Grumman (NOC), Phillips 66 (PSX) and Adobe (ADBE).

This page (NYSE:RE) was last updated on 4/16/2024 by MarketBeat.com Staff

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

Everest Re Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Everest Re Group Stock (NYSE:RE)

RE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

RE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™