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

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$214.99 -0.49 (-0.23 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$214.99
Today's Range$214.72 - $217.40
52-Week Range$201.09 - $261.89
Volume345,825 shs
Average Volume273,207 shs
Market Capitalization$8.74 billion
P/E Ratio46.23
Dividend Yield2.60%
Beta0.33
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 Unites 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$5.4113 per share
Book Value$194.45 per share

Profitability

Net Income$103.55 million

Miscellaneous

Employees1,415
Market Cap$8.74 billion
Next Earnings Date4/24/2019 (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, February 20th. Shareholders of record on Wednesday, March 6th will be given a dividend of $1.40 per share on Wednesday, March 20th. This represents a $5.60 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend is Tuesday, March 5th. 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 results on Monday, February, 11th. The insurance provider reported ($5.89) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $6.04 by $11.93. The insurance provider had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $2.03 billion. Everest Re Group had a return on equity of 2.33% and a net margin of 1.40%. 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 Wednesday, April 24th 2019. View Earnings Estimates for Everest Re Group.

What price target have analysts set for RE?

7 brokers have issued 1 year price targets for Everest Re Group's shares. Their predictions range from $230.00 to $280.00. On average, they anticipate Everest Re Group's share price to reach $245.4286 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View Analyst Price Targets for Everest Re Group.

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Everest Re Group in the last year. There are currently 5 hold ratings and 2 buy ratings 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 coverage about RE stock has been trending neutral recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of news 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 closest to five being the most favorable. Everest Re Group earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the immediate future.

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 Micron Technology (MU), Home Depot (HD), General Electric (GE), NVIDIA (NVDA), Bank of America (BAC), UnitedHealth Group (UNH), Gilead Sciences (GILD), Costco Wholesale (COST), Tesla (TSLA) and Johnson & Johnson (JNJ).

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, Treasurer & CFO (Age 55)
  • Mr. Sanjoy Mukherjee, Chief Compliance Officer, Exec. VP, Gen. Counsel & Sec. (Age 52)
  • Mr. John Paul Doucette, Exec. VP, Pres of the Reinsurance Division & CEO of the Reinsurance Division (Age 53)
  • Mr. Jonathan Martin Zaffino, Exec. VP, CEO of the Everest Insurance & 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 variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.32%), Boston Partners (6.04%), LSV Asset Management (4.26%), State Treasurer State of Michigan (2.00%), Geode Capital Management LLC (1.52%) and Northern Trust Corp (1.24%). Company insiders that own Everest Re Group stock include John A Graf, John A Weber, John P Doucette, Roger M Singer and William F Galtney Jr. View Institutional Ownership Trends for Everest Re Group.

Which institutional investors are selling Everest Re Group stock?

RE stock was sold by a variety of institutional investors in the last quarter, including Royal London Asset Management Ltd., Ceredex Value Advisors LLC, Millennium Management LLC, Dimensional Fund Advisors LP, Unigestion Holding SA, Donald Smith & CO. Inc., Mackenzie Financial Corp and Scout Investments Inc.. Company insiders that have sold Everest Re Group company stock in the last year include John P Doucette and Roger M Singer. View Insider Buying and Selling for Everest Re Group.

Which institutional investors are buying Everest Re Group stock?

RE stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Bank of Montreal Can, Boston Partners, Geode Capital Management LLC, Massachusetts Financial Services Co. MA, Epoch Investment Partners Inc. and Victory Capital 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 $214.99.

How big of a company is Everest Re Group?

Everest Re Group has a market capitalization of $8.74 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:  237 (Vote Outperform)
Underperform Votes:  391 (Vote Underperform)
Total Votes:  628
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 3/24/2019 by MarketBeat.com Staff

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