Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products. The company operates through the U.S. Reinsurance, International, Bermuda, and Insurance segments. 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 foreign 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 and Canada. 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
SymbolNYSE:RE
CUSIPG3223R10
Phone441-295-0006
Debt
Debt-to-Equity Ratio0.08
Current Ratio0.35
Quick Ratio0.35
Price-To-Earnings
Trailing P/E Ratio24.08
Forward P/E Ratio12.56
P/E Growth1.24
Sales & Book Value
Annual Sales$6.61 billion
Price / Sales1.34
Cash Flow$10.3675 per share
Price / Cash20.98
Book Value$203.78 per share
Price / Book1.07
Profitability
EPS (Most Recent Fiscal Year)$9.10
Net Income$468.96 million
Net Margins2.93%
Return on Equity1.80%
Return on Assets0.63%
Miscellaneous
Employees1,276
Outstanding Shares40,850,000
Market Cap$8.79 billion
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 announced a quarterly dividend on Wednesday, May 16th. Stockholders of record on Wednesday, May 30th will be paid a dividend of $1.30 per share on Wednesday, June 13th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date is Tuesday, May 29th. View Everest Re Group's Dividend History.
How were Everest Re Group's earnings last quarter?
Everest Re Group Ltd (NYSE:RE) announced its quarterly earnings data on Monday, July, 30th. The insurance provider reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.01 by $0.03. The insurance provider had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.72 billion. Everest Re Group had a net margin of 2.93% and a return on equity of 1.80%. During the same quarter in the previous year, the company earned $5.51 earnings per share. View Everest Re Group's Earnings History.
When is Everest Re Group's next earnings date?
What price target have analysts set for RE?
8 brokerages have issued 1 year target prices for Everest Re Group's stock. Their forecasts range from $239.00 to $290.00. On average, they expect Everest Re Group's share price to reach $254.00 in the next year. This suggests a possible upside of 16.8% from the stock's current price. 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 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Everest Re Group.
Who are some of Everest Re Group's key competitors?
Some companies that are related to Everest Re Group include Tokio Marine Holdings, Inc. Sponsored ADR common stock (TKOMY), Travelers Companies (TRV), Allstate (ALL), Hartford Financial Services Group (HIG), Ms&Ad Insurance Group (MSADY), Markel (MKL), Loews (L), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), XL Group (XL), Arch Capital Group (ACGL), Cna Financial (CNA), Cincinnati Financial (CINF), American Financial Group (AFG), Alleghany (Y) and W. R. Berkley (WRB).
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 64)
- Mr. Craig William Howie, Exec. VP, Treasurer & CFO (Age 54)
- Mr. Sanjoy Mukherjee, Chief Compliance Officer, Exec. VP, Gen. Counsel & Sec. (Age 51)
- Mr. John Paul Doucette, Exec. VP, Pres of the Reinsurance Division & CEO of the Reinsurance Division (Age 52)
- Mr. Jonathan Martin Zaffino, Exec. VP, CEO of the Everest Insurance & Pres of the Everest Insurance (Age 45)
Has Everest Re Group been receiving favorable news coverage?
News stories about RE stock have been trending somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Everest Re Group earned a media and rumor sentiment score of 0.20 on Accern's scale. They also gave news coverage about the insurance provider an impact score of 45.20 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Everest Re Group.
Who are Everest Re Group's major shareholders?
Everest Re Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.82%), Boston Partners (6.26%), LSV Asset Management (4.53%), Vulcan Value Partners LLC (4.48%), Earnest Partners LLC (1.48%) and Dimensional Fund Advisors LP (1.13%). Company insiders that own Everest Re Group stock include John A Graf, John A Weber, John P Doucette, John R Dunne, 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 Robeco Institutional Asset Management B.V., Boston Partners, BlackRock Inc., Los Angeles Capital Management & Equity Research Inc., Scout Investments Inc., Janus Henderson Group PLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and Meadow Creek Investment Management LLC. 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 bought by a variety of institutional investors in the last quarter, including Vulcan Value Partners LLC, Unigestion Holding SA, Millennium Management LLC, Wells Fargo & Company MN, Zurcher Kantonalbank Zurich Cantonalbank, Rothschild Asset Management Inc., Russell Investments Group Ltd. and Swiss National Bank. 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 $217.51.
How big of a company is Everest Re Group?
Everest Re Group has a market capitalization of $8.79 billion and generates $6.61 billion in revenue each year. The insurance provider earns $468.96 million in net income (profit) each year or $9.10 on an earnings per share basis. Everest Re Group employs 1,276 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 insurance provider can be reached via phone at 441-295-0006.
MarketBeat Community Rating for Everest Re Group (NYSE RE)
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.
