Everest Re Group Company Profile (NYSE:RE)

About Everest Re Group

Everest Re Group logoEverest Re Group, Ltd., through its subsidiaries, is engaged in the underwriting of reinsurance and insurance in the United States, Bermuda and international markets. The Company's segments include U.S. Reinsurance segment, International segment, Bermuda segment, Insurance segment and Mt. Logan Re segment. It underwrites reinsurance both through brokers and directly with ceding companies. It underwrites insurance principally through general agent relationships, brokers and surplus lines brokers. It offers treaty and facultative reinsurance, and admitted and non-admitted insurance. Its products include the range of property and casualty reinsurance, and insurance coverage's, including marine, aviation, surety, errors and omissions liability (E&O), directors' and officers' liability (D&O), medical malpractice, other specialty lines, accident and health (A&H) and workers' compensation. Its subsidiaries include Everest Reinsurance (Bermuda), Ltd. and Mt. Logan Re Ltd., among others.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: Reinsurance
  • Exchange: NYSE
  • Symbol: RE
  • CUSIP: G3223R10
Key Metrics:
  • Previous Close: $235.12
  • 50 Day Moving Average: $222.79
  • 200 Day Moving Average: $205.39
  • 52-Week Range: $169.19 - $235.49
  • Trailing P/E Ratio: 9.93
  • Foreward P/E Ratio: 11.85
  • P/E Growth: -2.08
  • Market Cap: $9.62B
  • Outstanding Shares: 40,898,000
  • Beta: 0.49
Profitability:
  • Net Margins: 17.19%
  • Return on Equity: 12.44%
  • Return on Assets: 4.67%
Debt:
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 0.30%
  • Quick Ratio: 0.29%
Additional Links:
Companies Related to Everest Re Group:

Analyst Ratings

Consensus Ratings for Everest Re Group (NYSE:RE) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $210.00 (10.68% downside)

Analysts' Ratings History for Everest Re Group (NYSE:RE)
Show:
DateFirmActionRatingPrice TargetDetails
1/17/2017MacquarieDowngradeNeutral -> Underperform$186.00View Rating Details
1/9/2017Barclays PLCReiterated RatingBuy$246.00View Rating Details
11/15/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$166.00 -> $195.00View Rating Details
7/27/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$199.00 -> $204.00View Rating Details
5/12/2016Deutsche Bank AGBoost Price TargetBuy$211.00 -> $219.00View Rating Details
4/27/2016Morgan StanleyReiterated RatingHoldView Rating Details
9/21/2015Sterne Agee CRTInitiated CoverageNeutral$191.00View Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for Everest Re Group (NYSE:RE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
2/6/2017Q416$3.56$8.83$1.32 billion$1.61 billionViewListenView Earnings Details
10/24/2016Q316$3.24$6.53$1.32 billion$1.51 billionViewListenView Earnings Details
7/25/2016Q216$2.85$3.17$1.30 billion$1.43 billionViewListenView Earnings Details
4/25/2016Q116$5.57$5.19$1.34 billion$1.24 billionViewListenView Earnings Details
2/3/2016Q415$5.26$8.17$1.33 billion$1.56 billionViewListenView Earnings Details
10/26/2015Q315$4.02$4.53$1.33 billionViewListenView Earnings Details
7/27/2015Q215$5.67$5.03$1.33 billion$1.33 billionViewListenView Earnings Details
4/27/2015Q115$5.11$7.34$1.31 billion$1.31 billionViewListenView Earnings Details
2/4/2015Q414$4.77$7.28$1.32 billion$1.52 billionViewListenView Earnings Details
10/23/2014Q314$4.79$6.12$1.31 billion$1.54 billionViewListenView Earnings Details
7/23/2014Q214$5.57$5.41$1.28 billion$1.27 billionViewListenView Earnings Details
4/23/2014Q114$5.33$5.93$1.24 billion$1.14 billionViewListenView Earnings Details
2/6/2014Q413$4.50$6.28$1.25 billion$1.52 billionViewListenView Earnings Details
10/24/2013Q313$4.76$4.20$1.31 billion$1.40 billionViewListenView Earnings Details
7/23/2013Q2 2013$4.21$5.10$1.08 billion$1.15 billionViewListenView Earnings Details
4/23/2013Q1 2013$4.37$5.88$1.05 million$1.09 billionViewListenView Earnings Details
2/6/2013Q4 2012$0.47$0.80$1.06 billion$1.12 billionViewListenView Earnings Details
10/24/2012$3.44$4.05ViewN/AView Earnings Details
7/25/2012$3.77$4.25ViewN/AView Earnings Details
4/25/2012$3.47$4.48ViewN/AView Earnings Details
10/26/2011$2.08$2.70ViewN/AView Earnings Details
7/27/2011$2.49$2.46ViewN/AView Earnings Details
4/27/2011($5.83)($5.95)ViewN/AView Earnings Details
2/9/2011$2.97$4.70ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Everest Re Group (NYSE:RE)
Current Year EPS Consensus Estimate: $18.82 EPS
Next Year EPS Consensus Estimate: $19.84 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$5.16$5.16$5.16
Q2 20161$2.72$2.72$2.72
Q3 20162$1.74$2.85$2.30
Q4 20162$5.65$6.66$6.16
Q1 20172$4.90$5.62$5.26
Q2 20172$4.73$5.10$4.92
Q3 20172$1.29$2.86$2.08
Q4 20172$6.38$6.69$6.54
Q1 20181$5.04$5.04$5.04
Q2 20181$4.86$4.86$4.86
Q3 20181$1.11$1.11$1.11
Q4 20181$6.85$6.85$6.85
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Everest Re Group (NYSE:RE)
Annual Dividend:$5.00
Dividend Yield:2.13%
Dividend Growth:29.00% (3 Year Average)
Payout Ratio:21.00% (Based on Trailing 12 Months of Earnings)
26.57% (Based on Current Year Consensus EPS Estimate)
25.20% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for Everest Re Group (NYSE:RE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/16/2016quarterly$1.252.36%11/28/201611/30/201612/14/2016
8/17/2016quarterly$1.152.43%9/2/20169/7/20169/21/2016
5/18/2016quarterly$1.152.55%5/27/20166/1/20166/15/2016
2/24/2016quarterly$1.152.46%3/7/20163/9/20163/23/2016
11/19/2015quarterly$1.152.48%11/30/201512/2/201512/16/2015
8/12/2015quarterly$0.952.05%8/24/20158/26/20159/9/2015
5/13/2015quarterly$0.952.06%6/1/20156/3/20156/17/2015
2/25/2015quarterly$0.952.13%3/9/20153/11/20153/25/2015
11/19/2014quarterly$0.952.19%12/1/201412/3/201412/17/2014
8/13/2014quarterly$0.751.85%8/25/20148/27/20149/10/2014
5/14/2014quarterly$0.751.91%6/2/20146/4/20146/18/2014
2/26/2014quarterly$0.752.01%3/10/20143/12/20143/26/2014
11/20/2013quarterly$0.751.91%12/2/201312/4/201312/18/2013
8/14/2013quarterly$0.481.39%8/26/20138/28/20139/18/2013
5/15/2013quarterly$0.481.47%6/3/20136/5/20136/19/2013
2/20/2013quarterly$0.481.54%3/4/20133/6/20133/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Everest Re Group (NYSE:RE)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 91.37%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/9/2017John A WeberDirectorSell4,000$228.00$912,000.00View SEC Filing  
9/13/2016John R DunneDirectorSell200$190.03$38,006.00View SEC Filing  
8/3/2016John P DoucetteVPSell1,840$189.84$349,305.60View SEC Filing  
4/6/2016John R DunneDirectorSell600$195.00$117,000.00View SEC Filing  
2/16/2016John R DunneDirectorSell100$184.94$18,494.00View SEC Filing  
2/12/2016John P. DoucetteVPSell1,587$185.76$294,801.12View SEC Filing  
2/9/2016Saram Mark S DeEVPSell1,000$188.12$188,120.00View SEC Filing  
8/26/2015William F Galtney JrDirectorBuy10,000$169.75$1,697,500.00View SEC Filing  
2/20/2015John P DoucetteVPSell1,000$177.96$177,960.00View SEC Filing  
2/5/2015Saram Mark S DeEVPSell3,000$180.00$540,000.00View SEC Filing  
11/20/2014Saram Mark S DeEVPSell2,000$174.00$348,000.00View SEC Filing  
11/5/2014Saram Mark S DeEVPSell2,000$172.00$344,000.00View SEC Filing  
10/30/2014John P DoucetteVPSell1,600$169.28$270,848.00View SEC Filing  
10/30/2014Saram Mark S DeEVPSell2,000$169.50$339,000.00View SEC Filing  
10/28/2014Saram Mark S DeEVPSell2,000$167.00$334,000.00View SEC Filing  
8/13/2014Lawrence TomchinDirectorSell5,000$94.15$470,750.00View SEC Filing  
8/8/2014Roger M SingerDirectorSell1,332$157.56$209,869.92View SEC Filing  
7/14/2014Saram Mark S DeEVPSell2,000$165.00$330,000.00View SEC Filing  
5/1/2014Saram Mark DeEVPSell1,683$158.68$267,058.44View SEC Filing  
4/30/2014Joseph TarantoChairmanSell33,500$156.79$5,252,465.00View SEC Filing  
4/29/2014Joseph TarantoChairmanSell35,810$157.67$5,646,162.70View SEC Filing  
4/28/2014John WeberDirectorSell6,000$158.20$949,200.00View SEC Filing  
4/23/2014Saram Mark DeEVPSell2,000$159.50$319,000.00View SEC Filing  
4/17/2014Saram Mark DeEVPSell2,000$158.00$316,000.00View SEC Filing  
4/15/2014Saram Mark DeEVPSell2,000$156.00$312,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Everest Re Group (NYSE:RE)
DateHeadline
capitalcube.com logoETFs with exposure to Everest Re Group Ltd. : February 14, 2017 (NYSE:RE)
www.capitalcube.com - February 15 at 12:32 AM
News IconAM Best Affirms Ratings Of Everest Re Group (NYSE:RE)
bernews.com - February 14 at 5:11 AM
finance.yahoo.com logoDoes Everest Re Group Offer a Great Value Buying Opportunity Now? (NYSE:RE)
finance.yahoo.com - February 10 at 10:24 PM
biz.yahoo.com logoEverest Re Group Ltd Earnings Call scheduled for 10:30 am ET today (NYSE:RE)
us.rd.yahoo.com - February 9 at 11:05 PM
capitalcube.com logoEverest Re Group Ltd. :RE-US: Earnings Analysis: 2016 By the Numbers : February 9, 2017 (NYSE:RE)
www.capitalcube.com - February 9 at 11:05 PM
capitalcube.com logoEverest Re Group Ltd. :RE-US: Earnings Analysis: Q4, 2016 By the Numbers : February 8, 2017 (NYSE:RE)
www.capitalcube.com - February 8 at 10:38 PM
News IconEverest Re Group’s 2016 Fourth Quarter Results (NYSE:RE)
bernews.com - February 7 at 10:53 PM
News IconEverest Re easily beats analysts’ forecasts (NYSE:RE)
www.royalgazette.com - February 7 at 10:53 PM
nasdaq.com logoEverest Re Group (RE) Q4 Earnings, Revenues Beat Estimates (NYSE:RE)
www.nasdaq.com - February 7 at 10:53 PM
seekingalpha.com logoEverest Re Group Ltd. 2016 Q4 - Results - Earnings Call Slides (NYSE:RE)
seekingalpha.com - February 7 at 10:53 PM
finance.yahoo.com logoEdited Transcript of RE earnings conference call or presentation 7-Feb-17 3:30pm GMT (NYSE:RE)
finance.yahoo.com - February 7 at 10:53 PM
News IconMegan Watt Joins Everest Insurance as Head of Claims (NYSE:RE)
iireporter.com - February 7 at 12:37 AM
News IconShould Everest Re Group Ltd (RE) be part of your dividend portfolio? (NYSE:RE)
simplywall.st - February 7 at 12:37 AM
reuters.com logoBRIEF-Everest Re Group Q4 earnings per share $9.08 (NYSE:RE)
www.reuters.com - February 7 at 12:37 AM
rttnews.com logoEverest Reinsurance Group Ltd Announces 3% Gain In Q4 Bottom Line (NYSE:RE)
www.rttnews.com - February 7 at 12:37 AM
us.rd.yahoo.com logoEverest Re Group Reports Record Quarter Earnings Per Share of $9.08; Full Year Return on Equity of 13% (NYSE:RE)
us.rd.yahoo.com - February 6 at 7:36 PM
us.rd.yahoo.com logo4:18 pm Everest Re reports Q4 (Dec) results, beats on revs (NYSE:RE)
us.rd.yahoo.com - February 6 at 7:36 PM
sg.finance.yahoo.com logoEverest Re beats 4Q profit forecasts (NYSE:RE)
sg.finance.yahoo.com - February 6 at 7:36 PM
biz.yahoo.com logoQ4 2016 Everest Re Group Ltd Earnings Release - After Market Close (NYSE:RE)
biz.yahoo.com - February 6 at 8:48 AM
News IconMegan Watt Joins Everest Insurance as Head of its Claims Operation (NYSE:RE)
www.cbs58.com - February 2 at 11:26 PM
News IconWhat Will Happen to Everest Re Group Ltd (RE) Next? The Stock Just Reaches 52-Week High (NYSE:RE)
randolphguide.com - February 2 at 11:26 PM
uk.finance.yahoo.com logoMegan Watt Joins Everest Insurance® as Head of its Claims Operation (NYSE:RE)
uk.finance.yahoo.com - February 2 at 11:26 PM
zacks.com logoNew Strong Buy Stocks for January 26th (NYSE:RE)
www.zacks.com - January 27 at 2:07 AM
4-traders.com logoEverest Re : Insurance® Announces Partnership and Mobile-Enabled Platform to Boost Worker and Businesses Safety (NYSE:RE)
www.4-traders.com - January 27 at 2:07 AM
capitalcube.com logoEverest Re Group Ltd. : RE-US: Dividend Analysis : November 30th, 2016 (record date) : By the numbers : January 25, 2017 (NYSE:RE)
us.rd.yahoo.com - January 26 at 2:51 AM
uk.finance.yahoo.com logoEverest Insurance® Announces Partnership and Mobile-Enabled Platform to Boost Worker and Businesses Safety (NYSE:RE)
uk.finance.yahoo.com - January 26 at 2:51 AM
us.rd.yahoo.com logoEverest Re downgraded by Macquarie (NYSE:RE)
us.rd.yahoo.com - January 17 at 12:40 PM
marketexclusive.com logoAnalyst Activity – Barclays PLC Reiterates Buy on Everest Re Group (NYSE:RE) (NYSE:RE)
marketexclusive.com - January 9 at 8:11 PM
biz.yahoo.com logoEVEREST RE GROUP LTD Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:RE)
biz.yahoo.com - January 6 at 8:19 PM
realistinvestor.com logoResearch Analysts Set Everest Re Group, Ltd. (NYSE:RE) Price Target at $212 (NYSE:RE)
www.realistinvestor.com - January 6 at 1:17 AM
publicnow.com logoEverest Re Group Announces Fourth Quarter 2016 Earnings Release Date (NYSE:RE)
www.publicnow.com - January 4 at 12:18 AM
streetinsider.com logoForm 4 EVEREST RE GROUP LTD For: Dec 29 Filed by: GALTNEY WILLIAM F JR (NYSE:RE)
www.streetinsider.com - December 30 at 7:49 PM
nasdaq.com logoEverest Re Group Named Top Dividend Stock With Insider Buying and 2.32% Yield (NYSE:RE)
www.nasdaq.com - December 30 at 7:49 PM
finance.yahoo.com logoWill Everest Re (RE) Crush Estimates at Its Next Earnings Report? (NYSE:RE)
finance.yahoo.com - December 1 at 7:23 PM
4-traders.com logoEverest Re Group Ltd :. Moves Lower on Volume Spike for November 22 (NYSE:RE)
www.4-traders.com - November 24 at 10:28 AM
investopedia.com logoEverest Re Group Increases Dividend (NYSE:RE)
www.investopedia.com - November 22 at 7:19 PM
finance.yahoo.com logoAmerican Equity Rewards Investors with 9% Dividend Hike (NYSE:RE)
finance.yahoo.com - November 21 at 12:26 PM
finance.yahoo.com logoEVEREST RE GROUP LTD Financials (NYSE:RE)
finance.yahoo.com - November 17 at 6:49 PM
forbes.com logoDaily Dividend Report: RE, ETH, NOC, RTN, APD (NYSE:RE)
www.forbes.com - November 17 at 2:28 PM
finance.yahoo.com logoEverest Re to Reward Shareholders With 9% Dividend Hike (NYSE:RE)
finance.yahoo.com - November 17 at 11:09 AM
uk.finance.yahoo.com logoEverest Re Group Increases Quarterly Dividend by 9% (NYSE:RE)
uk.finance.yahoo.com - November 16 at 7:26 PM
finance.yahoo.com logo3:50 pm Everest Re increases quarterly dividend to $1.25/share from $1.15/share (NYSE:RE)
finance.yahoo.com - November 16 at 7:25 PM
finance.yahoo.com logoEverest Re upgraded by Goldman (NYSE:RE)
finance.yahoo.com - November 15 at 7:42 PM
finance.yahoo.com logoThe Hartford (HIG) Hits 52-Week High on Strong Q3 Results (NYSE:RE)
finance.yahoo.com - November 15 at 10:49 AM
News IconEverest Insurance Expands Environmental Coverage (NYSE:RE)
www.insurancejournal.com - November 14 at 7:27 PM
nasdaq.com logoRE Crosses Above Average Analyst Target (NYSE:RE)
www.nasdaq.com - November 14 at 7:27 PM
realistinvestor.com logoPrice Target For Everest Re Group, Ltd. (NYSE:RE) Is Set As $210.6 By Research Analysts (NYSE:RE)
www.realistinvestor.com - November 11 at 9:58 AM
biz.yahoo.com logoEVEREST RE GROUP LTD Files SEC form 10-Q, Quarterly Report (NYSE:RE)
biz.yahoo.com - November 9 at 7:05 PM
finance.yahoo.com logoPharma surges on Trump win (NYSE:RE)
finance.yahoo.com - November 9 at 7:05 PM
capitalcube.com logoETF’s with exposure to Everest Re Group Ltd. : October 28, 2016 (NYSE:RE)
www.capitalcube.com - October 28 at 6:48 PM

Social

What is Everest Re Group's stock symbol?

Everest Re Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "RE."

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 Wednesday, November 16th. Shareholders of record on Wednesday, November 30th will be given a dividend of $1.25 per share on Wednesday, December 14th. This represents a $5.00 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend is Monday, November 28th. This is a positive change from Everest Re Group's previous quarterly dividend of $1.15.

Where is Everest Re Group's stock going? Where will Everest Re Group's stock price be in 2017?

6 brokers have issued 12 month target prices for Everest Re Group's shares. Their predictions range from $186.00 to $246.00. On average, they expect Everest Re Group's share price to reach $210.00 in the next twelve months.

When will Everest Re Group announce their earnings?

Everest Re Group is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

Who owns Everest Re Group stock?

Everest Re Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Vulcan Value Partners LLC (4.84%), State Street Corp (4.08%), AQR Capital Management LLC (2.45%), Dimensional Fund Advisors LP (1.36%), Allianz Asset Management AG (1.09%) and Russell Investments Group Ltd. (0.59%). Company insiders that own Everest Re Group stock include John A Weber, John P Doucette, John R Dunne, Saram Mark S De and William F Galtney Jr.

Who sold Everest Re Group stock? Who is selling Everest Re Group stock?

Everest Re Group's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Vulcan Value Partners LLC, Janus Capital Management LLC, Dimensional Fund Advisors LP, Allianz Asset Management AG, New York State Teachers Retirement System, Menta Capital LLC and Aviva PLC. Company insiders that have sold Everest Re Group stock in the last year include John A Weber, John P Doucette and John R Dunne.

Who bought Everest Re Group stock? Who is buying Everest Re Group stock?

Everest Re Group's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Asset Management One Co. Ltd., State Street Corp, Arrowstreet Capital Limited Partnership, NN Investment Partners Holdings N.V., AQR Capital Management LLC, Flinton Capital Management LLC and Tyers Asset Management LLC.

How do I buy Everest Re Group stock?

Shares of Everest Re Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Everest Re Group stock cost?

One share of Everest Re Group stock can currently be purchased for approximately $235.12.

Everest Re Group (NYSE:RE) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Everest Re Group (NYSE:RE)

Earnings History Chart

Earnings by Quarter for Everest Re Group (NYSE:RE)

Dividend History Chart

Dividend Payments by Quarter for Everest Re Group (NYSE:RE)

Last Updated on 2/21/2017 by MarketBeat.com Staff