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

Everest Re Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "RE."

Everest Re Group announced a quarterly dividend on Wednesday, November 20th. Shareholders of record on Wednesday, December 4th will be paid a dividend of $1.55 per share on Tuesday, December 24th. This represents a $6.20 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend is Tuesday, December 3rd. This is a positive change from Everest Re Group's previous quarterly dividend of $1.40. View Everest Re Group's Dividend History.

Everest Re Group Ltd (NYSE:RE) issued its quarterly earnings results on Monday, February, 10th. The insurance provider reported $3.20 earnings per share for the quarter, beating analysts' consensus estimates of $2.64 by $0.56. The insurance provider had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.13 billion. Everest Re Group had a return on equity of 9.85% and a net margin of 12.31%. During the same quarter in the prior year, the firm earned ($5.89) earnings per share. View Everest Re Group's Earnings History.

Everest Re Group is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Everest Re Group.

8 equities research analysts have issued 12-month price targets for Everest Re Group's shares. Their forecasts range from $250.00 to $325.00. On average, they anticipate Everest Re Group's share price to reach $279.75 in the next year. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets 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.

Media headlines about RE stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Everest Re Group earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Everest Re Group.

Everest Re Group saw a increase in short interest in January. As of January 31st, there was short interest totalling 968,500 shares, an increase of 10.1% from the January 15th total of 879,400 shares. Based on an average daily trading volume, of 243,000 shares, the days-to-cover ratio is currently 4.0 days. Approximately 2.4% of the shares of the stock are sold short. View Everest Re Group's Current Options Chain.

Some companies that are related to Everest Re Group include Alleghany (Y), Reinsurance Group of America (RGA), RenaissanceRe (RNR), Enstar Group (ESGR), Greenlight Capital Re (GLRE), Maiden (MHLD) and Partnerre (PRE.PH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Everest Re Group investors own include iShares Nasdaq Biotechnology ETF (IBB), Adobe (ADBE), iShares PHLX Semiconductor ETF (SOXX), Bank of America (BAC), Lendingtree (TREE), UnitedHealth Group (UNH), Visa (V), Costco Wholesale (COST), Gilead Sciences (GILD) and NVIDIA (NVDA).

Everest Re Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (5.22%), AQR Capital Management LLC (4.91%), Boston Partners (4.53%), Franklin Resources Inc. (3.57%), LSV Asset Management (2.51%) and Champlain Investment Partners LLC (2.46%). Company insiders that own Everest Re Group stock include John A Weber, John P Doucette, Jonathan Zaffino, Meryl D Hartzband and Roger M Singer. View Institutional Ownership Trends for Everest Re Group.

RE stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, PGGM Investments, Scout Investments Inc., LSV Asset Management, Caisse DE Depot ET Placement DU Quebec, Panagora Asset Management Inc., Donald Smith & CO. Inc. and TD Asset Management Inc.. 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.

RE stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., AQR Capital Management LLC, Point72 Asset Management L.P., Franklin Resources Inc., Victory Capital Management Inc., First Trust Advisors LP, MUFG Securities EMEA plc and Samlyn Capital LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of RE stock can currently be purchased for approximately $291.37.

Everest Re Group has a market capitalization of $11.88 billion and generates $8.23 billion in revenue each year. The insurance provider earns $1.01 billion in net income (profit) each year or $21.34 on an earnings per share basis. Everest Re Group employs 1,415 workers across the globe.View Additional Information About Everest Re Group.

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

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]