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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
The perfect AI stock under $10 (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
The perfect AI stock under $10 (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
The perfect AI stock under $10 (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
NYSE:RE

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

Notice: This company has been marked as potentially delisted and may not be actively trading.
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
$439.60

Everest Re Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
∞ Upside
$439.60 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.78
Upright™ Environmental Score
News Sentiment
0.54mentions of Everest Re Group in the last 14 days
Based on 3 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

246th out of 832 stocks

Fire, Marine, & Casualty Insurance Industry

17th out of 48 stocks


RE stock logo

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.


RE Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
EG Feb 2024 380.000 call
Shopping for commercial real estate
7 Underrated Stock Gems Hiding in Plain Sight
See More Headlines
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Company Calendar

Last Earnings
5/01/2023
Today
2/24/2024
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

Price Target and Rating

Average Stock Price Target
$439.60
High Stock Price Target
$468.00
Low Stock Price Target
$406.00
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

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

Social Links

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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














RE Stock Analysis - Frequently Asked Questions

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

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Everest Re Group in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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?

4 analysts have issued 12 month price objectives for Everest Re Group's shares. Their RE share price targets range from $406.00 to $468.00. On average, they anticipate the company's share price to reach $439.60 in the next twelve months.
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 quarterly 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 analyst estimates of $3.10 billion. Everest Re Group had a net margin of 5.34% and a trailing twelve-month return on equity of 12.98%. The firm's revenue for the quarter was up 18.4% compared to the same quarter last year. During the same period in the previous year, the business earned $10.31 earnings per share.
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. Stockholders 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 dividend on an annualized basis and a yield of ∞. The ex-dividend date 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 ETF holds Everest Re Group's stock ?

John Hancock Multifactor Mid Cap ETF holds 20,010 shares of RE stock, representing 0.24% of its portfolio.

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).

Who are Everest Re Group's major shareholders?

Everest Re Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include GTS Securities LLC (0.00%), Wolverine Trading LLC (0.00%), Parallax Volatility Advisers L.P. (0.00%), Citadel Advisors LLC (0.00%), PEAK6 Investments LLC (0.00%) and Capstone Investment Advisors LLC (0.00%). Insiders that own company stock include John A Weber, John P Doucette, Sanjoy Mukherjee and William F Galtney Jr.
View institutional ownership trends
.

This page (NYSE:RE) was last updated on 2/25/2024 by MarketBeat.com Staff