NYSE:RE Everest Re Group - RE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Everest Re Group, Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. $346.92 -4.07 (-1.16%) (As of 01/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$346.66▼$353.2750-Day Range$322.38▼$358.9552-Week Range$244.57▼$361.67Volume133,450 shsAverage Volume260,432 shsMarket Capitalization$13.59 billionP/E Ratio25.91Dividend Yield1.88%Price Target$369.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Everest Re Group MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside6.4% Upside$369.25 Price TargetShort InterestHealthy1.50% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.44Upright™ Environmental ScoreNews Sentiment0.73Based on 4 Articles This WeekInsider TradingSelling Shares$2.17 M Sold Last QuarterProj. Earnings Growth74.54%From $24.16 to $42.17 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.66 out of 5 starsFinance Sector205th out of 897 stocksFire, Marine, & Casualty Insurance Industry8th out of 49 stocks 1.4 Analyst's Opinion Consensus RatingEverest Re Group has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $369.25, Everest Re Group has a forecasted upside of 6.4% from its current price of $346.92.Amount of Analyst CoverageEverest Re Group has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.50% of the float of Everest Re Group has been sold short.Short Interest Ratio / Days to CoverEverest Re Group has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Everest Re Group has recently decreased by 1.46%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldEverest Re Group pays a meaningful dividend of 1.88%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEverest Re Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Everest Re Group is 49.29%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Everest Re Group will have a dividend payout ratio of 15.65% next year. This indicates that Everest Re Group will be able to sustain or increase its dividend. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEverest Re Group has received a 17.08% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Home insurance services for individuals", "Home warranties", "Long term disability insurance services for individuals", "Life reinsurance services", "Life insurance services for individuals", and "Insurance services for groups" products. See details.Environmental SustainabilityThe Environmental Impact score for Everest Re Group is -0.44. Previous Next 2.1 News and Social Media Coverage News SentimentEverest Re Group has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Everest Re Group this week, compared to 4 articles on an average week.Search Interest5 people have searched for RE on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added Everest Re Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Everest Re Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,171,162.00 in company stock.Percentage Held by InsidersOnly 1.40% of the stock of Everest Re Group is held by insiders.Percentage Held by Institutions92.38% of the stock of Everest Re Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Everest Re Group are expected to grow by 74.54% in the coming year, from $24.16 to $42.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Everest Re Group is 25.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Everest Re Group is 25.91, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 187.10.Price to Earnings Growth RatioEverest Re Group has a PEG Ratio of 0.69. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioEverest Re Group has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Everest Re Group (NYSE:RE) StockEverest Re Group Ltd. is a holding company, which engages in the provision of reinsurance and insurance services. It operates through the following segments: Reinsurance, and Insurance. The Reinsurance segment writes property and casualty reinsurance and specialty lines of business, including marine, aviation, surety, and accident and health business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies primarily within the U.S. The Insurance segment writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Canada, and Europe. The company was founded in 1999 and is headquartered in Hamilton, Bermuda.Read More Receive RE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Everest Re Group and its competitors with MarketBeat's FREE daily newsletter. Email Address RE Stock News HeadlinesJanuary 25, 2023 | marketwatch.comEverest Re Group Ltd. stock outperforms market on strong trading dayJanuary 24, 2023 | marketwatch.comEverest Re Group Ltd. stock rises Tuesday, outperforms marketJanuary 31, 2023 | UNKNOWN (Ad)Invest in Brooklyn Gin: Hot craft spirits opportunityGet in on an award winning company in the fast growing craft spirits marketJanuary 23, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Berkshire Hathaway, Chubb, The Progressive, The Travelers Companies and Everest Re GroupJanuary 22, 2023 | americanbankingnews.comEverest Re Group (NYSE:RE) Research Coverage Started at BMO Capital MarketsJanuary 21, 2023 | americanbankingnews.comWells Fargo & Company Raises Everest Re Group (NYSE:RE) Price Target to $408.00January 20, 2023 | marketwatch.comLivestock Insurance Market : Projections and Regional Outlook, Depth Study, Analysis, Key Drivers, Top Players, Trends and Forecast 2023-2029January 20, 2023 | markets.businessinsider.comAnalyst Ratings for Everest Re GroupJanuary 31, 2023 | UNKNOWN (Ad)Invest in Brooklyn Gin: Hot craft spirits opportunityGet in on an award winning company in the fast growing craft spirits marketJanuary 13, 2023 | benzinga.comEverest Re Group Stock (NYSE:RE), Quotes and News SummaryJanuary 5, 2023 | finance.yahoo.comEverest Re Group to Hold Fourth Quarter 2022 Earnings Conference Call on Thursday, February 9, 2023December 29, 2022 | finance.yahoo.comEverest Mourns the Passing of Board Director John Arthur WeberDecember 22, 2022 | finance.yahoo.comEverest Re (RE) Rallies 22% YTD: Can It Retain the Momentum?December 15, 2022 | marketwatch.comEverest Re Group Ltd. stock outperforms market despite losses on the dayDecember 14, 2022 | marketwatch.comEverest Re Group Ltd. stock underperforms Wednesday when compared to competitorsDecember 14, 2022 | finance.yahoo.comIs Everest Re Group, Ltd.'s (NYSE:RE) Recent Stock Performance Influenced By Its Fundamentals In Any Way?December 2, 2022 | msn.comCNA or RE: Which Property & Casualty Insurer Has an Edge?November 29, 2022 | msn.comWhat 5 Analyst Ratings Have To Say About Everest Re GroupNovember 29, 2022 | markets.businessinsider.com5 Analysts Have This to Say About Everest Re GroupNovember 25, 2022 | finance.yahoo.comWhy Is Everest Re (RE) Up 9% Since Last Earnings Report?November 18, 2022 | finance.yahoo.comEverest Re (RE) Gains 16% YTD: Will the Bull Run Continue?November 17, 2022 | finance.yahoo.comEverest Re Group, Ltd. (NYSE:RE) Stock Goes Ex-Dividend In Just Four DaysNovember 16, 2022 | finance.yahoo.comEverest Re Group, Ltd. Appoints Hazel McNeilage to its Board of DirectorsNovember 9, 2022 | markets.businessinsider.com4 Analysts Have This to Say About Everest Re GroupNovember 9, 2022 | benzinga.comMorgan Stanley Downgrades Everest Re Group to Equal-Weight, Announces $320 Price TargetNovember 9, 2022 | finance.yahoo.comEverest Re Group Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS LagsNovember 2, 2022 | finanznachrichten.deEverest Re Group, Ltd.: Everest Unveils Refreshed Brand, Reflecting Company's Strategic Evolution and Commitment to "Underwrite Opportunity"See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive RE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Everest Re Group and its competitors with MarketBeat's FREE daily newsletter. Email Address RE Company Calendar Last Earnings10/27/2021Ex-Dividend for 12/16 Dividend11/22/2022Dividend Payable12/16/2022Today1/31/2023Next Earnings (Confirmed)2/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Fire, marine, & casualty insurance Sub-IndustryReinsurance SectorFinance Current SymbolNYSE:RE CUSIPG3223R10 CIK1095073 Webwww.everestre.com Phone(441) 295-0006Fax441-295-4828Employees1,947Year Founded1973Price Target and Rating Average Stock Price Forecast$369.25 High Stock Price Forecast$408.00 Low Stock Price Forecast$344.00 Forecasted Upside/Downside+6.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$13.39 Trailing P/E Ratio25.91 Forward P/E Ratio14.36 P/E Growth0.69Net Income$1.38 billion Net Margins4.47% Pretax Margin4.36% Return on Equity10.46% Return on Assets2.49% Debt Debt-to-Equity Ratio0.40 Current Ratio0.31 Quick Ratio0.31 Sales & Book Value Annual Sales$11.87 billion Price / Sales1.15 Cash Flow$30.62 per share Price / Cash Flow11.33 Book Value$255.49 per share Price / Book1.36Miscellaneous Outstanding Shares39,170,000Free Float38,617,000Market Cap$13.59 billion OptionableOptionable Beta0.60 Social Links Key ExecutivesMr. Juan Carlos Andrade (Age 57)Pres, CEO & Director Comp: $4.86MMr. Mark Kociancic (Age 53)Exec. VP & Group CFO Comp: $2.56MMr. James Allan Williamson (Age 49)Exec. VP, Group COO & Head of Everest Reinsurance Division Comp: $2.13MMr. Sanjoy Mukherjee (Age 56)Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer Comp: $1.76MMr. Michael Karmilowicz (Age 54)Exec. VP and Pres & CEO of the Insurance Division Comp: $1.88MMr. Jack NelsonSr. VP & Chief Investment OfficerMr. Seth W. Vance (Age 62)Chief Investment Officer Mr. Robert Joseph FreilingSr. VP & Chief Accounting OfficerMr. Brian Lee BednerHead of Corp. Fin.Mr. Terrence M. WalkerSr. VP & Group Chief Information OfficerMore ExecutivesKey CompetitorsRenaissanceReNYSE:RNREnstar GroupNASDAQ:ESGRLoewsNYSE:LAmerican Financial GroupNYSE:AFGCNA FinancialNYSE:CNAView All CompetitorsInsiders & InstitutionsSumitomo Mitsui Trust Holdings Inc.Sold 9,065 shares on 1/30/2023Ownership: 0.288%New York State Teachers Retirement SystemSold 105 shares on 1/27/2023Ownership: 0.149%State of Michigan Retirement SystemSold 100 shares on 1/27/2023Ownership: 0.030%Traynor Capital Management Inc.Sold 60 shares on 1/27/2023Ownership: 0.003%Destiny Wealth Partners LLCBought 961 shares on 1/27/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions RE Stock - Frequently Asked Questions Should I buy or sell Everest Re Group stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Everest Re Group in the last year. There are currently 1 hold rating and 3 buy ratings 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 forecast for 2023? 4 Wall Street research analysts have issued 12-month price objectives for Everest Re Group's stock. Their RE share price forecasts range from $344.00 to $408.00. On average, they expect the company's stock price to reach $369.25 in the next year. This suggests a possible upside of 6.4% from the stock's current price. View analysts price targets for RE or view top-rated stocks among Wall Street analysts. How have RE shares performed in 2023? Everest Re Group's stock was trading at $331.27 at the start of the year. Since then, RE shares have increased by 4.7% and is now trading at $346.92. View the best growth stocks for 2023 here. Are investors shorting Everest Re Group? Everest Re Group saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 438,500 shares, a decline of 21.8% from the December 15th total of 560,800 shares. Based on an average daily volume of 314,000 shares, the short-interest ratio is presently 1.4 days. Approximately 1.5% of the company's shares are sold short. View Everest Re Group's Short Interest. When is Everest Re Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023. View our RE earnings forecast. How can I listen to Everest Re Group's earnings call? Everest Re Group will be holding an earnings conference call on Thursday, February 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Everest Re Group's earnings last quarter? Everest Re Group, Ltd. (NYSE:RE) posted its earnings results on Wednesday, October, 27th. The insurance provider reported ($1.34) earnings per share for the quarter, missing the consensus estimate of ($1.29) by $0.05. The insurance provider earned $3.03 billion during the quarter, compared to the consensus estimate of $2.93 billion. Everest Re Group had a net margin of 4.47% and a trailing twelve-month return on equity of 10.46%. The firm's revenue was up 23.6% compared to the same quarter last year. During the same period in the previous year, the company earned $2.42 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, November 10th. Stockholders of record on Wednesday, November 23rd will be given a dividend of $1.65 per share on Friday, December 16th. This represents a $6.60 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Tuesday, November 22nd. 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 49.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RE will have a dividend payout ratio of 15.65% 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). What is Everest Re Group's stock symbol? Everest Re Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "RE." Who are Everest Re Group's major shareholders? Everest Re Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Strs Ohio (0.39%), Allspring Global Investments Holdings LLC (0.34%), Scout Investments Inc. (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), New York State Common Retirement Fund (0.16%) and New York State Teachers Retirement System (0.15%). Insiders that own company stock include Geraldine Losquadro, John A Weber, John P Doucette, Joseph V Taranto, Sanjoy Mukherjee and William F Galtney Jr. View institutional ownership trends. How do I buy shares of Everest Re Group? Shares of RE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Everest Re Group's stock price today? One share of RE stock can currently be purchased for approximately $346.92. How much money does Everest Re Group make? Everest Re Group (NYSE:RE) has a market capitalization of $13.59 billion and generates $11.87 billion in revenue each year. The insurance provider earns $1.38 billion in net income (profit) each year or $13.39 on an earnings per share basis. How many employees does Everest Re Group have? The company employs 1,947 workers across the globe. How can I contact Everest Re Group? Everest Re Group's mailing address is 141 Front Street, HAMILTON D0, HM 19. The official website for the company is www.everestre.com. The insurance provider can be reached via phone at (441) 295-0006, via email at investor.relations@everestre.com, or via fax at 441-295-4828. This page (NYSE:RE) was last updated on 1/31/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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