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NYSE:RE

Everest Re Group - RE Stock Forecast, Price & News

$262.44
-5.06 (-1.89%)
(As of 09/30/2022 05:20 PM ET)
Add
Compare
Today's Range
$261.71
$271.92
50-Day Range
$245.79
$285.53
52-Week Range
$244.57
$308.20
Volume
430,071 shs
Average Volume
260,737 shs
Market Capitalization
$10.34 billion
P/E Ratio
13.30
Dividend Yield
0.01%
Price Target
$331.33

Everest Re Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.4% Upside
$331.33 Price Target
Short Interest
Healthy
2.18% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.50
Upright™ Environmental Score
News Sentiment
0.25mentions of Everest Re Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$812,760 Sold Last Quarter
Proj. Earnings Growth
25.65%
From $33.25 to $41.78 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.22 out of 5 stars

Finance Sector

168th out of 926 stocks

Fire, Marine, & Casualty Insurance Industry

5th out of 50 stocks

RE stock logo

About Everest Re Group (NYSE:RE) Stock

Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through Reinsurance Operations and Insurance Operations segments. The Reinsurance Operations segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines brokers, and general agents in Bermuda, Canada, Europe, South America, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and property and casualty reinsurance and insurance coverages, including marine, aviation, surety, errors and omissions liability, directors' and officers' liability, medical malpractice, mortgage reinsurance, other specialty lines, accident and health, and workers' compensation products. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. Everest Re Group, Ltd. was founded in 1973 and is headquartered in Hamilton, Bermuda.

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RE Stock News Headlines

Everest Re Group Becomes Oversold
RE Everest Re Group, Ltd.
Here's Why You Should Add Everest Re (RE) to Your Kitty
Everest Re Group Ltd
RE or RNR: Which P&C Stock is Better-Placed at the Moment?
Everest Re Group
Everest Re Group, Ltd. (NYSE:RE) Goes Ex-Dividend Soon
Everest Re Group: Dividend Insights
Everest Re Group Publishes 2021 Global Loss Triangles
Everest Re Group Reports Second Quarter 2022 Results
See More Headlines
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RE Company Calendar

Last Earnings
7/27/2022
Ex-Dividend for 9/9 Dividend
8/23/2022
Dividend Payable
9/09/2022
Today
9/30/2022
Next Earnings (Confirmed)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Reinsurance
Sector
Finance
CUSIP
G3223R10
Employees
1,947
Year Founded
1973

Price Target and Rating

Average Stock Price Forecast
$331.33
High Stock Price Forecast
$344.00
Low Stock Price Forecast
$320.00
Forecasted Upside/Downside
+26.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$1.38 billion
Pretax Margin
7.08%

Debt

Sales & Book Value

Annual Sales
$11.87 billion
Cash Flow
$31.35 per share
Book Value
$255.49 per share

Miscellaneous

Free Float
38,858,000
Market Cap
$10.34 billion
Optionable
Optionable
Beta
0.52

Social Links


Key Executives

  • Mr. Juan Carlos Andrade (Age 56)
    Pres, CEO & Director
    Comp: $4.86M
  • Mr. Mark Kociancic (Age 52)
    Exec. VP & Group CFO
    Comp: $2.56M
  • Mr. James Allan Williamson (Age 48)
    Exec. VP, Group COO & Head of Everest Reinsurance Division
    Comp: $2.13M
  • Mr. Sanjoy Mukherjee (Age 55)
    Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer
    Comp: $1.76M
  • Mr. Michael Karmilowicz (Age 53)
    Exec. VP and Pres & CEO of the Insurance Division
    Comp: $1.88M
  • Mr. Jack Nelson
    Sr. VP & Chief Investment Officer
  • Mr. Seth W. Vance (Age 61)
    Chief Investment Officer
  • Mr. Robert Joseph Freiling
    Sr. VP & Chief Accounting Officer
  • Mr. Brian Lee Bedner
    Head of Corp. Fin.
  • Mr. Terrence M. Walker
    Sr. VP & Group Chief Information Officer













RE Stock - Frequently Asked Questions

Should I buy or sell Everest Re Group stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Everest Re Group in the last year. There are currently 2 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 2022?

2 Wall Street analysts have issued 12 month target prices for Everest Re Group's shares. Their RE share price forecasts range from $320.00 to $344.00. On average, they anticipate the company's share price to reach $331.33 in the next year. This suggests a possible upside of 22.3% 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 2022?

Everest Re Group's stock was trading at $273.92 on January 1st, 2022. Since then, RE stock has decreased by 1.1% and is now trading at $271.00.
View the best growth stocks for 2022 here
.

Are investors shorting Everest Re Group?

Everest Re Group saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 714,300 shares, an increase of 26.4% from the August 15th total of 565,100 shares. Based on an average daily trading volume, of 236,000 shares, the short-interest ratio is presently 3.0 days. Approximately 2.5% of the company's stock are short sold.
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 Wednesday, October 26th 2022.
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 Thursday, October 27th 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 quarterly earnings data on Wednesday, July, 27th. The insurance provider reported $9.79 earnings per share for the quarter, beating the consensus estimate of $9.07 by $0.72. The insurance provider had revenue of $2.92 billion for the quarter, compared to analyst estimates of $3.01 billion. Everest Re Group had a trailing twelve-month return on equity of 11.41% and a net margin of 6.61%. The company's quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the previous year, the company posted $14.63 EPS.
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 Wednesday, August 10th. Investors of record on Wednesday, August 24th will be given a dividend of $1.65 per share on Friday, September 9th. This represents a $6.60 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date is Tuesday, August 23rd.
Read our dividend analysis for RE
.

Is Everest Re Group a good dividend stock?

Everest Re Group (NYSE:RE) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.02%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 0.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RE will have a dividend payout ratio of 0.10% 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 $271.00.

How much money does Everest Re Group make?

Everest Re Group (NYSE:RE) has a market capitalization of $10.68 billion and generates $11.87 billion in revenue each year. The insurance provider earns $1.38 billion in net income (profit) each year or $19.73 on an earnings per share basis.

How many employees does Everest Re Group have?

The company employs 1,947 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 9/30/2022 by MarketBeat.com Staff

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