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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
Did You See These Trend Reversals? (Ad)pixel
Gas prices increase in NJ, around nation amid higher demand
Shipbuilder Austal executives accused of inflating earnings
Did You See These Trend Reversals? (Ad)pixel
Lanterns and crescents: more retailers court Ramadan buyers
No more room for vroom? Paris votes on banishing e-scooters
Did You See These Trend Reversals? (Ad)pixel
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
Did You See These Trend Reversals? (Ad)pixel
Gas prices increase in NJ, around nation amid higher demand
Shipbuilder Austal executives accused of inflating earnings
Did You See These Trend Reversals? (Ad)pixel
Lanterns and crescents: more retailers court Ramadan buyers
No more room for vroom? Paris votes on banishing e-scooters
Did You See These Trend Reversals? (Ad)pixel
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
'War of the states': EV, chip makers lavished with subsidies
Did You See These Trend Reversals? (Ad)pixel
Gas prices increase in NJ, around nation amid higher demand
Shipbuilder Austal executives accused of inflating earnings
Did You See These Trend Reversals? (Ad)pixel
Lanterns and crescents: more retailers court Ramadan buyers
No more room for vroom? Paris votes on banishing e-scooters
Did You See These Trend Reversals? (Ad)pixel
NYSE:RE

Everest Re Group - RE Stock Forecast, Price & News

$358.02
+1.91 (+0.54%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$353.95
$359.69
50-Day Range
$334.17
$390.84
52-Week Range
$244.57
$394.99
Volume
251,323 shs
Average Volume
341,899 shs
Market Capitalization
$14.02 billion
P/E Ratio
23.69
Dividend Yield
1.84%
Price Target
$382.00

Everest Re Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
6.7% Upside
$382.00 Price Target
Short Interest
Healthy
1.50% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.44
Upright™ Environmental Score
News Sentiment
0.69mentions of Everest Re Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.20%
From $45.63 to $53.02 Per Share

Overall MarketRank

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

2.48 out of 5 stars

Finance Sector

389th out of 878 stocks

Fire, Marine, & Casualty Insurance Industry

12th out of 47 stocks


RE stock logo

About Everest Re Group (NYSE:RE) Stock

Everest Re Group Ltd. is a holding company, which engages in the provision of reinsurance and insurance services. It operates through the following segments: Reinsurance, and Insurance. The Reinsurance segment writes property and casualty reinsurance and specialty lines of business, including marine, aviation, surety, and accident and health business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies primarily within the U.S. The Insurance segment writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Canada, and Europe. The company was founded in 1999 and is headquartered in Hamilton, Bermuda.

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RE Stock News Headlines

Expedition Everest RE: Let's Scale the Reinsurer's Charts
Stocks are for suckers – try this instead
This has nothing to do with dividends, day trading... taking out a loan... or anything like that. What you need is about 3 seconds to execute this simple financial maneuver...
Stocks are for suckers – try this instead
This has nothing to do with dividends, day trading... taking out a loan... or anything like that. What you need is about 3 seconds to execute this simple financial maneuver...
5 Relative Price Strength Plays to Keep for Your Buy List
Everest Re Group declares $1.65 dividend
Everest Re Group (RE) Trading Report
Is Everest Re Group (RE) Stock Undervalued Right Now?
Raymond James Reaffirms Their Buy Rating on Everest Re (RE)
Everest Re rises after Q4 results
Everest Re Group, Ltd. Q4 Profit Increases, beats estimates
Everest Re Group Reports Fourth Quarter 2022 Results
See More Headlines
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RE Company Calendar

Last Earnings
2/08/2023
Ex-Dividend for 3/30 Dividend
3/15/2023
Dividend Payable
3/30/2023
Today
4/01/2023
Next Earnings (Confirmed)
5/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Reinsurance
Sector
Finance
CUSIP
G3223R10
Employees
2,428
Year Founded
1973

Price Target and Rating

Average Stock Price Forecast
$382.00
High Stock Price Forecast
$426.00
Low Stock Price Forecast
$344.00
Forecasted Upside/Downside
+6.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$597 million
Pretax Margin
4.88%

Debt

Sales & Book Value

Annual Sales
$12.06 billion
Cash Flow
$28.53 per share
Book Value
$215.52 per share

Miscellaneous

Free Float
38,609,000
Market Cap
$14.02 billion
Optionable
Optionable
Beta
0.60

Social Links


Key Executives

  • Juan C. Andrade
    President, Chief Executive Officer & Director
  • Jim Williamson
    Chief Operating Officer & Executive Vice President
  • Mark Kociancic
    Chief Financial Officer & Executive Vice President
  • Srini Maddineni
    Chief Information Officer
  • Sanjoy Mukherjee
    Secretary, Chief Compliance Officer & Executive VP













RE Stock - Frequently Asked Questions

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

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Everest Re Group in the last twelve months. There are currently 1 hold rating and 4 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 2023?

5 brokerages have issued 12-month target prices for Everest Re Group's shares. Their RE share price forecasts range from $344.00 to $426.00. On average, they anticipate the company's share price to reach $382.00 in the next twelve months. This suggests a possible upside of 6.7% 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 2023?

Everest Re Group's stock was trading at $331.27 at the beginning of 2023. Since then, RE stock has increased by 8.1% and is now trading at $358.02.
View the best growth stocks for 2023 here
.

Are investors shorting Everest Re Group?

Everest Re Group saw a increase in short interest in February. As of February 15th, there was short interest totaling 405,100 shares, an increase of 17.0% from the January 31st total of 346,100 shares. Based on an average daily volume of 276,300 shares, the short-interest ratio is currently 1.5 days. Approximately 1.4% of the shares of the stock are sold short.
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 Monday, May 1st 2023.
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 Tuesday, May 2nd 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 earnings results on Wednesday, February, 8th. The insurance provider reported $12.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $9.29 by $2.92. The insurance provider earned $3.19 billion during the quarter, compared to the consensus estimate of $3.24 billion. Everest Re Group had a net margin of 4.96% and a trailing twelve-month return on equity of 12.36%. The business's revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business posted $9.12 earnings per share.
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 Thursday, February 23rd. Stockholders of record on Thursday, March 16th will be paid a dividend of $1.65 per share on Thursday, March 30th. This represents a $6.60 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date is Wednesday, March 15th.
Read our dividend analysis for RE
.

Is Everest Re Group a good dividend stock?

Everest Re Group (NYSE:RE) pays an annual dividend of $6.60 per share and currently has a dividend yield of 1.84%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 43.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RE will have a dividend payout ratio of 12.45% 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 $358.02.

How much money does Everest Re Group make?

Everest Re Group (NYSE:RE) has a market capitalization of $14.02 billion and generates $12.06 billion in revenue each year. The insurance provider earns $597 million in net income (profit) each year or $15.11 on an earnings per share basis.

How many employees does Everest Re Group have?

The company employs 2,428 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 4/2/2023 by MarketBeat.com Staff