NYSE:RE - Everest Re Group Stock Price, News, & Analysis

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$249.51 +1.25 (+0.50 %)
(As of 05/21/2019 06:00 AM ET)
Previous Close$248.26
Today's Range$247.11 - $251.47
52-Week Range$201.09 - $251.67
Volume409,090 shs
Average Volume291,745 shs
Market Capitalization$10.16 billion
P/E Ratio53.66
Dividend Yield2.26%
Beta0.36
Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through four segments: U.S. Reinsurance, International, Bermuda, and Insurance. The U.S. Reinsurance segment writes property and casualty reinsurance; and specialty lines of business, including marine, aviation, surety, and accident and health insurance through reinsurance brokers, as well as directly with ceding companies in the United States. The International segment writes property and casualty reinsurance in Canada, Singapore, Brazil, Miami, and New Jersey. The Bermuda segment provides reinsurance and insurance to property and casualty markets through brokers and directly with ceding companies in Bermuda; and reinsurance to the United Kingdom and European markets. The Insurance segment writes property and casualty insurance products directly, as well as through general agents, brokers, and surplus lines brokers in the United States, Canada, and Europe. The company also provides property and casualty reinsurance and insurance coverages, such as errors and omissions liability, directors' and officers' liability, medical malpractice, and worker's compensation products. Everest Re Group, Ltd. was founded in 1973 and is headquartered in Hamilton, Bermuda.

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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
CUSIPG3223R10
Phone441-295-0006

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.38 billion
Cash Flow$5.4395 per share
Book Value$206.87 per share

Profitability

Net Income$103.55 million

Miscellaneous

Employees1,415
Market Cap$10.16 billion
Next Earnings Date7/29/2019 (Estimated)
OptionableOptionable

Everest Re Group (NYSE:RE) Frequently Asked Questions

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, May 15th. Shareholders of record on Wednesday, May 29th will be given a dividend of $1.40 per share on Wednesday, June 12th. This represents a $5.60 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Tuesday, May 28th. View Everest Re Group's Dividend History.

How were Everest Re Group's earnings last quarter?

Everest Re Group Ltd (NYSE:RE) released its quarterly earnings data on Monday, May, 6th. The insurance provider reported $6.91 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $5.91 by $1.00. The insurance provider earned $1.96 billion during the quarter, compared to analyst estimates of $1.82 billion. Everest Re Group had a return on equity of 3.08% and a net margin of 3.19%. Everest Re Group's quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.34 EPS. View Everest Re Group's Earnings History.

When is Everest Re Group's next earnings date?

Everest Re Group is scheduled to release their next quarterly earnings announcement on Monday, July 29th 2019. View Earnings Estimates for Everest Re Group.

What price target have analysts set for RE?

8 equities research analysts have issued 12-month target prices for Everest Re Group's shares. Their forecasts range from $230.00 to $280.00. On average, they expect Everest Re Group's share price to reach $248.00 in the next year. This suggests that the stock has a possible downside of 0.6%. View Analyst Price Targets for Everest Re Group.

What is the consensus analysts' recommendation for Everest Re Group?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Everest Re Group in the last year. There are currently 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Everest Re Group.

Has Everest Re Group been receiving favorable news coverage?

News articles about RE stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Everest Re Group earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned headlines about the insurance provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of Everest Re Group's key competitors?

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 iShares Nasdaq Biotechnology ETF (IBB), iShares PHLX Semiconductor ETF (SOXX), Lendingtree (TREE), LVMH Moet Hennessy Louis Vuitton (MC), Adobe (ADBE), Sohu.com (SOHU), Bank of America (BAC), Home Depot (HD), UnitedHealth Group (UNH) and Visa (V).

Who are Everest Re Group's key executives?

Everest Re Group's management team includes the folowing people:
  • Mr. Dominic James Addesso CPA, Pres, CEO & Non-Independent Director (Age 65)
  • Mr. Craig William Howie, Exec. VP, CFO & Treasurer (Age 55)
  • Mr. Sanjoy Mukherjee, Chief Compliance Officer, Exec. VP, Gen. Counsel & Sec. (Age 52)
  • Mr. John Paul Doucette, Exec. VP, Pres & CEO of the Reinsurance Division (Age 53)
  • Mr. Jonathan Martin Zaffino, Exec. VP, CEO & Pres of the Everest Insurance Division (Age 46)

Who are Everest Re Group's major shareholders?

Everest Re Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.74%), Boston Partners (5.10%), LSV Asset Management (2.81%), Vulcan Value Partners LLC (3.23%), AQR Capital Management LLC (2.47%) and Champlain Investment Partners LLC (1.76%). Company insiders that own Everest Re Group stock include John A Graf, John A Weber, John P Doucette, Jonathan Zaffino, Roger M Singer and William F Galtney Jr. View Institutional Ownership Trends for Everest Re Group.

Which major investors are selling Everest Re Group stock?

RE stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, JPMorgan Chase & Co., Wells Fargo & Company MN, Vulcan Value Partners LLC, Goldman Sachs Group Inc., Great West Life Assurance Co. Can, Morgan Stanley and Renaissance Technologies LLC. Company insiders that have sold Everest Re Group company stock in the last year include John A Weber, John P Doucette, Jonathan Zaffino and Roger M Singer. View Insider Buying and Selling for Everest Re Group.

Which major investors are buying Everest Re Group stock?

RE stock was bought by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Boston Partners, First Trust Advisors LP, Boussard & Gavaudan Investment Management LLP, Hancock Whitney Corp, Champlain Investment Partners LLC, Andra AP fonden and Jacobs Levy Equity Management Inc.. Company insiders that have bought Everest Re Group stock in the last two years include John A Graf, John A Weber and William F Galtney Jr. View Insider Buying and Selling for Everest Re Group.

How do I buy shares of Everest Re Group?

Shares of RE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Everest Re Group's stock price today?

One share of RE stock can currently be purchased for approximately $249.51.

How big of a company is Everest Re Group?

Everest Re Group has a market capitalization of $10.16 billion and generates $7.38 billion in revenue each year. The insurance provider earns $103.55 million in net income (profit) each year or $4.65 on an earnings per share basis. Everest Re Group employs 1,415 workers across the globe.

What is Everest Re Group's official website?

The official website for Everest Re Group is http://www.everestregroup.com.

How can I contact Everest Re Group?

Everest Re Group's mailing address is 141 Front Street, HAMILTON D0, HM 19. The insurance provider can be reached via phone at 441-295-0006 or via email at [email protected]


MarketBeat Community Rating for Everest Re Group (NYSE RE)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  243 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  654
MarketBeat's community ratings are surveys of what our community members think about Everest Re Group and other stocks. Vote "Outperform" if you believe RE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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