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NYSE:REEverest Re Group Stock Price, Forecast & News

$206.79
+8.73 (+4.41 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$197.37
Now: $206.79
$207.02
50-Day Range
$193.77
MA: $208.92
$227.46
52-Week Range
$157.32
Now: $206.79
$294.31
Volume326,400 shs
Average Volume389,619 shs
Market Capitalization$10.40 billion
P/E Ratio12.40
Dividend Yield3.00%
Beta0.46
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 United 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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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 1.8Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.63 out of 5 stars


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$8.23 billion
Cash Flow$22.14 per share
Book Value$223.94 per share

Profitability

Net Income$1.01 billion

Miscellaneous

Employees1,603
Market Cap$10.40 billion
Next Earnings Date8/5/2020 (Confirmed)
OptionableOptionable

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Everest Re Group (NYSE:RE) Frequently Asked Questions

How has Everest Re Group's stock been impacted by COVID-19 (Coronavirus)?

Everest Re Group's stock was trading at $227.95 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, RE shares have decreased by 9.3% and is now trading at $206.79. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Everest Re Group?

10 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Everest Re Group.

When is Everest Re Group's next earnings date?

Everest Re Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Everest Re Group.

How can I listen to Everest Re Group's earnings call?

Everest Re Group will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Everest Re Group's earnings last quarter?

Everest Re Group Ltd (NYSE:RE) announced its quarterly earnings results on Wednesday, May, 6th. The insurance provider reported $4.03 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $3.77 by $0.26. The insurance provider earned $1.98 billion during the quarter, compared to analysts' expectations of $1.99 billion. Everest Re Group had a return on equity of 8.48% and a net margin of 8.25%. The company's quarterly revenue was up .8% on a year-over-year basis. During the same period in the prior year, the company posted $6.91 earnings per share. View Everest Re Group's earnings history.

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 Thursday, May 14th. Shareholders of record on Wednesday, May 27th will be given a dividend of $1.55 per share on Wednesday, June 10th. This represents a $6.20 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Tuesday, May 26th. View Everest Re Group's dividend history.

What price target have analysts set for RE?

10 brokerages have issued twelve-month price targets for Everest Re Group's shares. Their forecasts range from $180.00 to $325.00. On average, they anticipate Everest Re Group's share price to reach $251.50 in the next year. This suggests a possible upside of 21.6% from the stock's current price. View analysts' price targets for Everest Re Group.

Has Everest Re Group been receiving favorable news coverage?

News headlines about RE stock have trended very negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Everest Re Group earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Everest Re Group.

Are investors shorting Everest Re Group?

Everest Re Group saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 741,700 shares, an increase of 19.3% from the June 15th total of 621,500 shares. Based on an average daily volume of 462,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.9% of the shares of the company are short sold. View Everest Re Group's Current Options Chain.

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 iShares Nasdaq Biotechnology ETF (IBB), iShares PHLX Semiconductor ETF (SOXX), AbbVie (ABBV), Adobe (ADBE), Bank of America (BAC), Gilead Sciences (GILD), Home Depot (HD), Johnson & Johnson (JNJ), UnitedHealth Group (UNH) and Boeing (BA).

Who are Everest Re Group's key executives?

Everest Re Group's management team includes the following people:
  • Mr. Dominic James Addesso CPA, Pres, CEO & Non-Independent Director (Age 65)
  • Mr. Craig William Howie, Exec. VP, CFO & Treasurer (Age 55)
  • Mr. Sanjoy Mukherjee, Chief Compliance Officer, Exec. VP, Gen. Counsel & Sec. (Age 52)
  • Mr. John Paul Doucette, Exec. VP, Pres & CEO of the Reinsurance Division (Age 53)
  • Mr. Jonathan Martin Zaffino, Exec. VP, CEO & Pres of the Everest Insurance Division (Age 46)

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 many different retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.07%), Envestnet Asset Management Inc. (0.06%), Legacy Capital Partners Inc. (0.02%), Whittier Trust Co. (0.01%), Trust Co. of Toledo NA OH (0.01%) and Polianta Ltd (0.01%). Company insiders that own Everest Re Group stock include Geraldine Losquadro, John A Weber, John P Doucette, Jonathan Zaffino, Joseph V Taranto, Meryl D Hartzband, Roger M Singer and William F Galtney Jr. View institutional ownership trends for Everest Re Group.

Which major investors are selling Everest Re Group stock?

RE stock was sold by a variety of institutional investors in the last quarter, including Legacy Capital Partners Inc., Legacy Private Trust Co., Trust Co. of Toledo NA OH, and Fulton Bank N. A.. Company insiders that have sold Everest Re Group company stock in the last year include Geraldine Losquadro, John P Doucette, and Joseph V Taranto. View insider buying and selling activity for Everest Re Group.

Which major investors are buying Everest Re Group stock?

RE stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Whittier Trust Co., Diversified Trust Co, Mount Yale Investment Advisors LLC, Polianta Ltd, and Envestnet Asset Management Inc.. Company insiders that have bought Everest Re Group stock in the last two years include Meryl D Hartzband, and William F Galtney Jr. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Everest Re Group's stock price today?

One share of RE stock can currently be purchased for approximately $206.79.

How big of a company is Everest Re Group?

Everest Re Group has a market capitalization of $10.40 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 1,603 workers across the globe.

What is Everest Re Group's official website?

The official website for Everest Re Group is www.everestre.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]

This page was last updated on 7/12/2020 by MarketBeat.com Staff

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