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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
$428.33

Everest Re Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.33 Rating Score
Upside/​Downside
∞ Upside
$428.33 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.71
Upright™ Environmental Score
News Sentiment
N/A
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.

4.54 out of 5 stars

Finance Sector

161st out of 878 stocks

Fire, Marine, & Casualty Insurance Industry

10th out of 55 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

Beyond Everest: Hiking the Himalaya
Record dive 'like climbing Everest under water'
Everest Group: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
5/01/2023
Today
6/15/2024
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
$428.33
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

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?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Everest Re Group in the last twelve months. 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 Wall Street research analysts have issued 12-month price targets for Everest Re Group's shares. Their RE share price targets range from $406.00 to $450.00. On average, they predict the company's share price to reach $428.33 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) announced its quarterly earnings results on Monday, May, 1st. The insurance provider reported $11.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 net margin of 5.34% and a trailing twelve-month return on equity of 12.98%. The firm's 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
.

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 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 6/16/2024 by MarketBeat.com Staff

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