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: $193.13
  • 50 Day Moving Average: $190.93
  • 200 Day Moving Average: $186.61
  • 52-Week Range: $167.07 - $199.98
  • Trailing P/E Ratio: 10.78
  • Foreward P/E Ratio: 10.81
  • P/E Growth: -1.63
  • Market Cap: $8.09B
  • Outstanding Shares: 41,888,000
  • Beta: 0.6
Profitability:
  • Net Margins: 13.79%
  • Return on Equity: 11.78%
  • Return on Assets: 4.27%
Debt:
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 0.30%
  • Quick Ratio: 0.30%
Additional Links:
Companies Related to Everest Re Group:

Analyst Ratings

Consensus Ratings for Everest Re Group (NYSE:RE) (?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $199.50 (3.30% upside)

Analysts' Ratings History for Everest Re Group (NYSE:RE)
Show:
DateFirmActionRatingPrice TargetDetails
7/27/2016Barclays PLCReiterated RatingOverweight$215.00View 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
2/10/2016Goldman Sachs Group Inc.Boost Price Target$158.00 -> $160.00View Rating Details
9/21/2015Sterne Agee CRTInitiated CoverageNeutral$191.00View Rating Details
12/9/2014JPMorgan Chase & Co.Initiated CoverageNeutral$175.00View Rating Details
(Data available from 9/28/2014 forward)

Earnings

Earnings History for Everest Re Group (NYSE:RE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016ListenView 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: $16.47 EPS
Next Year EPS Consensus Estimate: $17.87 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$4.89$5.62$5.26
Q2 20172$4.78$5.10$4.94
Q3 20172$1.62$2.86$2.24
Q4 20172$5.81$6.38$6.10
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Everest Re Group (NYSE:RE)
Annual Dividend:$4.60
Dividend Yield:2.38%
Dividend Growth:27.70% (3 Year Average)
Payout Ratio:25.66% (Based on Trailing 12 Months of Earnings)
27.93% (Based on Current Year Consensus EPS Estimate)
25.74% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Everest Re Group (NYSE:RE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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: 91.98%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
finance.yahoo.com logoEverest Insurance™ Announces Head of E&S Casualty (NYSE:RE)
finance.yahoo.com - September 23 at 6:30 PM
finance.yahoo.com logoEverest Re Eyes Long-Term Growth Despite Macro Headwinds (NYSE:RE)
finance.yahoo.com - September 23 at 11:43 AM
streetinsider.com logoForm SC 13D/A EVEREST RE GROUP LTD Filed by: Everest International Reinsurance, Ltd. (NYSE:RE)
www.streetinsider.com - September 22 at 6:41 PM
4-traders.com logoEverest Re : Announces Third Quarter 2016 Earnings Release Date (NYSE:RE)
www.4-traders.com - September 20 at 12:17 PM
publicnow.com logoEverest Re Group Announces Third Quarter 2016 Earnings Release Date (NYSE:RE)
www.publicnow.com - September 19 at 6:57 PM
realistinvestor.com logoResearch Analysts Set Everest Re Group, Ltd. (NYSE:RE)’s Price Target At $208.75 (NYSE:RE)
www.realistinvestor.com - September 16 at 6:46 PM
fidaily.com logoInsiders Selling, Short Interest Growing Everest Re Group, Ltd. Common S (NYSE:RE) (NYSE:RE)
www.fidaily.com - September 14 at 7:08 PM
streetinsider.com logoForm 4 EVEREST RE GROUP LTD For: Sep 08 Filed by: GRAF JOHN A (NYSE:RE)
www.streetinsider.com - September 14 at 11:22 AM
News IconThe Sell-side Consensus is in on Everest Re Group, Ltd. (NYSE:RE); Earnings & Target Updates (NYSE:RE)
www.nationaldailypress.com - September 10 at 6:14 PM
News IconEverest Insurance Adds Murray to New York City Office (NYSE:RE)
www.insurancejournal.com - September 8 at 10:50 AM
4-traders.com logoEverest Re : Earnest Partners buys $261,568,125 stake in Everest Re Group Ltd (RE) (NYSE:RE)
www.4-traders.com - September 8 at 10:50 AM
News IconEverest Insurance Announces Strategic Addition to Distribution Management Team (NYSE:RE)
www.cbs58.com - September 7 at 10:35 AM
finance.yahoo.com logoEverest Insurance™ Announces Strategic Addition to Distribution Management Team (NYSE:RE)
finance.yahoo.com - September 6 at 11:46 AM
News IconEverest Re Group Names Schaetti as Head of Casualty U/W, Zurich Branch (NYSE:RE)
www.insurancejournal.com - September 2 at 6:56 PM
uk.finance.yahoo.com logoRobert Schaetti To Join Everest Re Group’s Zurich Office (NYSE:RE)
uk.finance.yahoo.com - September 1 at 6:58 PM
publicnow.com logoHalf Year 2016 (NYSE:RE)
www.publicnow.com - August 31 at 12:14 PM
News IconEverest Re Group Closes $49M Heartland Sale (NYSE:RE)
bernews.com - August 28 at 6:12 PM
News IconEverest Re Completes Crop Insurer Sale to CGB Diversified Services (NYSE:RE)
www.insurancejournal.com - August 26 at 6:46 PM
finance.yahoo.com logoEverest Re Closes Heartland Sale, Boosts Crop Insurance (NYSE:RE)
finance.yahoo.com - August 26 at 6:46 PM
reuters.com logoBRIEF-Everest Re Group announces strategic long term reinsurance relationship with CGB DS (NYSE:RE)
www.reuters.com - August 25 at 12:09 PM
4-traders.com logoEverest Re : Closes Sale of Heartland to CGB Diversified Services and Enters Reinsurance Relationship for Combined Crop Insurance Portfolio (NYSE:RE)
www.4-traders.com - August 25 at 12:09 PM
thestreet.com logoEverest Re Group, Ltd. (NYSE: RE) announced today that it has finalized the sale of its U. (NYSE:RE)
www.thestreet.com - August 25 at 12:09 PM
businesswire.com logoEverest Re Group Closes Sale of Heartland to CGB Diversified Services and Enters Reinsurance Relationship for Combined Crop Insurance Portfolio (NYSE:RE)
www.businesswire.com - August 25 at 12:09 PM
finance.yahoo.com logoEverest Re's Strategic Initiatives Impress, Cat Loss a Drag (NYSE:RE)
finance.yahoo.com - August 23 at 11:35 AM
4-traders.com logoEverest Re : Announces Dividend (NYSE:RE)
www.4-traders.com - August 18 at 7:19 PM
publicnow.com logoEverest Re Group Announces Dividend (NYSE:RE)
www.publicnow.com - August 17 at 7:24 PM
seekingalpha.com logoEverest Re Group declares $1.15 dividend (NYSE:RE)
seekingalpha.com - August 17 at 11:33 AM
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 - August 16 at 7:10 PM
finance.yahoo.com logoEVEREST RE GROUP LTD Financials (NYSE:RE)
finance.yahoo.com - August 13 at 6:44 PM
capitalcube.com logoETF’s with exposure to Everest Re Group Ltd. : August 11, 2016 (NYSE:RE)
www.capitalcube.com - August 11 at 7:35 PM
fidaily.com logoSchroder Investment Management Group Adjusts Its Investment in Everest Re Group, Ltd. Common S (RE) (NYSE:RE)
www.fidaily.com - August 10 at 10:12 AM
biz.yahoo.com logoEVEREST RE GROUP LTD Files SEC form 10-Q, Quarterly Report (NYSE:RE)
biz.yahoo.com - August 9 at 7:22 PM
News IconMultinational insurance services group launched (NYSE:RE)
www.businessinsurance.com - August 2 at 12:03 PM
capitalcube.com logoEverest Re Group Ltd. :RE-US: Earnings Analysis: Q2, 2016 By the Numbers : August 1, 2016 (NYSE:RE)
www.capitalcube.com - August 1 at 6:52 PM
fidaily.com logoKeefe Bruyette & Woods Holds To Rating And Raises Price Target On Everest Re Group, Ltd. Common S (RE) (NYSE:RE)
www.fidaily.com - July 27 at 7:27 PM
4-traders.com logoEverest Re : Reinsurer sells crop insurer but will maintain ties (NYSE:RE)
www.4-traders.com - July 27 at 7:27 PM
capitalcube.com logoEverest Re Group Ltd. :RE-US: Earnings Analysis: Q2, 2016 By the Numbers : July 27, 2016 (NYSE:RE)
www.capitalcube.com - July 27 at 3:38 PM
News IconEverest Re: Strategic Alliance, Sale Of Heartland (NYSE:RE)
bernews.com - July 27 at 10:08 AM
nasdaq.com logoEverest Re Group Breaks Above 200-Day Moving Average - Bullish for RE (NYSE:RE)
www.nasdaq.com - July 26 at 7:29 PM
News IconQ2 combined ratio climbs 7.1 points for Everest Re after Alberta wildfire, Texas hail, Ecuador quake (NYSE:RE)
www.canadianunderwriter.ca - July 26 at 7:29 PM
msn.com logoEverest Re Group's (RE) CEO Dom Addesso on Q2 2016 Results - Earnings Call Transcript (NYSE:RE)
www.msn.com - July 26 at 7:29 PM
finance.yahoo.com logoEdited Transcript of RE earnings conference call or presentation 26-Jul-16 2:30pm GMT (NYSE:RE)
finance.yahoo.com - July 26 at 5:38 PM
feeds.benzinga.com logoDespite Catastrophe Losses, Everest Q2 Results Come In Above Consensus Estimates (NYSE:RE)
feeds.benzinga.com - July 26 at 4:20 PM
capitalcube.com logoETF’s with exposure to Everest Re Group Ltd. : July 26, 2016 (NYSE:RE)
www.capitalcube.com - July 26 at 12:57 PM
fool.com logoEverest Re Group's Earnings Hurt by Catastrophe Losses (NYSE:RE)
www.fool.com - July 26 at 11:56 AM
News IconEverest Re Group Reports Q2 Net Income of $155.7M vs. $209.1M in Q2 2015 (NYSE:RE)
www.insurancejournal.com - July 26 at 10:27 AM
zacks.com logoEverest Re (RE) Q2 Earnings and Revenues Beat Estimates (NYSE:RE)
www.zacks.com - July 26 at 10:27 AM
News IconEverest Re Group’s 2016 Second Quarter Results (NYSE:RE)
bernews.com - July 26 at 10:27 AM
biz.yahoo.com logoEverest Re Group Ltd Earnings Call scheduled for 10:30 am ET today (NYSE:RE)
biz.yahoo.com - July 26 at 10:19 AM
rttnews.com logoEverest Reinsurance Group Ltd Q2 Earnings Retreat 40% (NYSE:RE)
www.rttnews.com - July 25 at 7:14 PM

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Everest Re Group (NYSE:RE) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff