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 All Access 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. $358.02 +1.91 (+0.54%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$353.95▼$359.6950-Day Range$334.17▼$390.8452-Week Range$244.57▼$394.99Volume251,323 shsAverage Volume341,899 shsMarket Capitalization$14.02 billionP/E Ratio23.69Dividend Yield1.84%Price Target$382.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Everest Re Group MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside6.7% Upside$382.00 Price TargetShort InterestHealthy1.50% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.44Upright™ Environmental ScoreNews Sentiment0.69Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth16.20%From $45.63 to $53.02 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.2.48 out of 5 starsFinance Sector389th out of 878 stocksFire, Marine, & Casualty Insurance Industry12th out of 47 stocks 1.4 Analyst's Opinion Consensus RatingEverest Re Group has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $382.00, Everest Re Group has a forecasted upside of 6.7% from its current price of $358.02.Amount of Analyst CoverageEverest Re Group has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 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 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Everest Re Group has recently increased by 5.64%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldEverest Re Group pays a meaningful dividend of 1.85%, 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 43.68%. 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 12.45% 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 2.0 News and Social Media Coverage News SentimentEverest Re Group has a news sentiment score of 0.69. 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 is a higher news sentiment than the 0.33 average news sentiment score 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 InterestOnly 9 people have searched for RE on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Everest Re Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -88% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Everest Re Group insiders have not sold or bought any 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 16.20% in the coming year, from $45.63 to $53.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Everest Re Group is 23.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Everest Re Group is 23.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 134.10.Price to Earnings Growth RatioEverest Re Group has a PEG Ratio of 0.26. 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 1.66. 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 HeadlinesMarch 29, 2023 | finance.yahoo.comEverest Re Group to Hold First Quarter 2023 Earnings Conference Call on Tuesday, May 2, 2023March 24, 2023 | realmoney.thestreet.comExpedition Everest RE: Let's Scale the Reinsurer's ChartsApril 2, 2023 | Legacy Research (Affiliate) (Ad)Stocks are for suckers – try this insteadThis has nothing to do with dividends, day trading... taking out a loan... or anything like that. What you need is about 3 seconds to execute this simple financial maneuver...March 24, 2023 | finance.yahoo.comHere's Why Hold Strategy is Appropriate for Brown & Brown (BRO)March 23, 2023 | finance.yahoo.comInvesting in Everest Re Group (NYSE:RE) three years ago would have delivered you a 90% gainMarch 23, 2023 | americanbankingnews.comEverest Re Group, Ltd. (NYSE:RE) Receives Consensus Recommendation of "Moderate Buy" from AnalystsMarch 21, 2023 | finance.yahoo.comHere's Why You Should Add Everest Re (RE) to Portfolio Now?March 21, 2023 | americanbankingnews.comHead to Head Comparison: Everest Re Group (NYSE:RE) versus Blue Capital Reinsurance (OTCMKTS:BCRHF)April 2, 2023 | Legacy Research (Affiliate) (Ad)Stocks are for suckers – try this insteadThis has nothing to do with dividends, day trading... taking out a loan... or anything like that. What you need is about 3 seconds to execute this simple financial maneuver...March 14, 2023 | finance.yahoo.comEverest Appoints Brent Hoffman as Interim General Counsel; Announces the Departure of Sanjoy MukherjeeMarch 13, 2023 | marketwatch.comEverest Re Group Ltd. stock falls Monday, underperforms marketMarch 11, 2023 | benzinga.comEverest Re Group Stock (NYSE:RE), Analyst Ratings, Price Targets, PredictionsMarch 10, 2023 | finance.yahoo.comEverest Re (RE) Down 2.7% Since Last Earnings Report: Can It Rebound?March 9, 2023 | finance.yahoo.comProgressive (PGR) Up 38% in a Year: Can it Retain the Momentum?March 7, 2023 | finance.yahoo.comPalomar (PLMR) Banks on Solid Underwriting Amid Rising CostsMarch 3, 2023 | finance.yahoo.com3 Top Stocks to Gain as Interest Rates Are Set to Stay HigherMarch 1, 2023 | marketwatch.comEverest Re Group Ltd. stock outperforms competitors on strong trading dayFebruary 24, 2023 | finance.yahoo.com5 Relative Price Strength Plays to Keep for Your Buy ListFebruary 24, 2023 | msn.comEverest Re Group declares $1.65 dividendFebruary 23, 2023 | marketwatch.comAnalysis of Crop Insurance Market, Including Recent Developments, Potential Opportunities, and Predictions for 2028February 22, 2023 | marketwatch.comEverest Re Group (RE) Trading ReportFebruary 21, 2023 | finance.yahoo.comIs Everest Re Group (RE) Stock Undervalued Right Now?February 21, 2023 | finance.yahoo.com3 Stocks With Sales Growth to Buy Amid Persistent InflationFebruary 13, 2023 | markets.businessinsider.comRaymond James Reaffirms Their Buy Rating on Everest Re (RE)February 9, 2023 | msn.comEverest Re rises after Q4 resultsFebruary 8, 2023 | markets.businessinsider.comEverest Re Group, Ltd. Q4 Profit Increases, beats estimatesFebruary 8, 2023 | finance.yahoo.comEverest Re Group Reports Fourth Quarter 2022 ResultsSee 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 Earnings2/08/2023Ex-Dividend for 3/30 Dividend3/15/2023Dividend Payable3/30/2023Today4/01/2023Next Earnings (Confirmed)5/01/2023Fiscal 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) 295-0006Fax441-295-4828Employees2,428Year Founded1973Price Target and Rating Average Stock Price Forecast$382.00 High Stock Price Forecast$426.00 Low Stock Price Forecast$344.00 Forecasted Upside/Downside+6.7%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$15.11 Trailing P/E Ratio23.69 Forward P/E Ratio7.85 P/E Growth0.26Net Income$597 million Net Margins4.96% Pretax Margin4.88% Return on Equity12.36% Return on Assets2.77% Debt Debt-to-Equity Ratio0.37 Current Ratio0.32 Quick Ratio0.32 Sales & Book Value Annual Sales$12.06 billion Price / Sales1.16 Cash Flow$28.53 per share Price / Cash Flow12.55 Book Value$215.52 per share Price / Book1.66Miscellaneous Outstanding Shares39,160,000Free Float38,609,000Market Cap$14.02 billion OptionableOptionable Beta0.60 Social Links Key ExecutivesJuan C. AndradePresident, Chief Executive Officer & DirectorJim WilliamsonChief Operating Officer & Executive Vice PresidentMark KociancicChief Financial Officer & Executive Vice PresidentSrini MaddineniChief Information OfficerSanjoy MukherjeeSecretary, Chief Compliance Officer & Executive VPKey CompetitorsRenaissanceReNYSE:RNREnstar GroupNASDAQ:ESGRLoewsNYSE:LW. R. BerkleyNYSE:WRBMarkelNYSE:MKLView All CompetitorsInsiders & InstitutionsRockefeller Capital Management L.P.Bought 243 shares on 3/6/2023Ownership: 0.002%OLD Mission Capital LLCBought 145 shares on 3/6/2023Ownership: 0.000%Voya Investment Management LLCBought 122,158 shares on 2/28/2023Ownership: 0.423%Parallax Volatility Advisers L.P.Bought 7,800 shares on 2/27/2023Ownership: 0.000%NatixisBought 12,494 shares on 2/24/2023Ownership: 0.032%View All Insider TransactionsView All Institutional Transactions RE Stock - Frequently Asked Questions Should I buy or sell Everest Re Group stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Everest Re Group in the last twelve months. There are currently 1 hold rating and 4 buy ratings 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 forecast for 2023? 5 brokerages have issued 12-month target prices for Everest Re Group's shares. Their RE share price forecasts range from $344.00 to $426.00. On average, they anticipate the company's share price to reach $382.00 in the next twelve months. This suggests a possible upside of 6.7% 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 beginning of 2023. Since then, RE stock has increased by 8.1% and is now trading at $358.02. View the best growth stocks for 2023 here. Are investors shorting Everest Re Group? Everest Re Group saw a increase in short interest in February. As of February 15th, there was short interest totaling 405,100 shares, an increase of 17.0% from the January 31st total of 346,100 shares. Based on an average daily volume of 276,300 shares, the short-interest ratio is currently 1.5 days. Approximately 1.4% of the shares of the stock 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 Monday, May 1st 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 Tuesday, May 2nd 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) issued its earnings results on Wednesday, February, 8th. The insurance provider reported $12.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $9.29 by $2.92. The insurance provider earned $3.19 billion during the quarter, compared to the consensus estimate of $3.24 billion. Everest Re Group had a net margin of 4.96% and a trailing twelve-month return on equity of 12.36%. The business's revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business posted $9.12 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, February 23rd. Stockholders of record on Thursday, March 16th will be paid a dividend of $1.65 per share on Thursday, March 30th. This represents a $6.60 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date is Wednesday, March 15th. Read our dividend analysis for RE. What ETFs hold Everest Re Group's stock? ETFs with the largest weight of Everest Re Group (NYSE:RE) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), Ballast Small/Mid Cap ETF (MGMT), SPDR S&P Insurance ETF (KIE), First Trust Financial AlphaDEX Fund (FXO), ASYMmetric Smart S&P 500 ETF (ASPY), Invesco S&P 500 Equal Weight Financials ETF (RYF), Democratic Large Cap Core ETF (DEMZ) and Davis Select Financial ETF (DFNL). 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 1.84%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 43.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RE will have a dividend payout ratio of 12.45% 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." 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 $358.02. How much money does Everest Re Group make? Everest Re Group (NYSE:RE) has a market capitalization of $14.02 billion and generates $12.06 billion in revenue each year. The insurance provider earns $597 million in net income (profit) each year or $15.11 on an earnings per share basis. How many employees does Everest Re Group have? The company employs 2,428 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 4/2/2023 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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