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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
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
$432.50

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
0.54mentions of Everest Re Group in the last 14 days
Based on 5 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.

4.28 out of 5 stars

Finance Sector

227th out of 822 stocks

Fire, Marine, & Casualty Insurance Industry

11th out of 50 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

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Using Kindness To Change Someone’s Mind
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Everest Group declares $1.75 dividend
See More Headlines
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Company Calendar

Last Earnings
5/01/2023
Today
4/19/2024
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
$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

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

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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 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 equities research analysts have issued 1 year price objectives for Everest Re Group's stock. 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 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) issued its earnings results on Monday, May, 1st. The insurance provider reported $11.31 EPS for the quarter, missing analysts' consensus estimates of $12.48 by $1.17. The insurance provider earned $3.33 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the firm 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 announced a quarterly dividend on Thursday, May 18th. Investors of record on Wednesday, May 31st will be given 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 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 4/19/2024 by MarketBeat.com Staff

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