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RE

Everest Re Group, Ltd.

Financial Services

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Price alert · RE

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351.28 0.00 0.00%
As of Jul 7, 2023
344.18 Day range 355.25

52-week range unavailable

Open
346.83
Prev close
351.28
Mkt cap
15.25B
Vol
406.92K
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
1.88%
More statistics
Low
344.18
High
355.25
Forward P/E
6.02
Beta
0.61
Short ratio
1.09
Inst. own
84.65%
Dividend
6.60
Ex-div date
May 29, 2023
Earnings
Jul 26, 2023
50-d avg
356.77
200-d avg
341.35
1y target
430.33

2Y chart

Chart tools
Interval
RE two-year price chart244.6282.2319.8357.4395.0Nov 21Mar 22Jul 22Nov 22Mar 23Jul 23

Key statistics

Market cap
15.25B
Enterprise value
14.24B
Trailing P/E
20.75
Forward P/E
6.02
PEG ratio
0.27
Price / sales
1.21
Price / book
1.52
EPS (TTM)
16.93
Beta
0.61
Dividend yield
1.88%
Payout ratio
38.98%
Profit margin
5.25%
Revenue (TTM)
12.65B
Revenue growth
16.80%
Free cash flow
73.68M
Total cash
2.64B
Total debt
3.08B
Return on equity
7.16%
Shares outstanding
43.42M
Short % of float
1.80%
50-day average
356.77
200-day average
341.35

Analyst view

Consensus: buy

Buy
Price target (mean) 430.33 +22.5% upside
Target (low)
395.00
Target (mean)
430.33
Target (high)
460.00
Ratings (0m) 10 2 buy · 7 hold · 1 sell
  • Strong buy0
  • Buy2
  • Hold7
  • Sell1
  • Strong sell0

Next earnings

Jul 26, 2023

Expected Jul 26, 2023. Consensus EPS estimate 11.39.

Earnings history

Earnings

RE recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jul 26, 2023Jun 1, 202311.44———
May 1, 2023Mar 1, 202312.48———
Feb 8, 2023Dec 1, 20229.29———
Oct 26, 2022Sep 1, 2022-5.89———
Jul 27, 2022Jun 1, 20229.07———
Apr 27, 2022Mar 1, 20228.32———

Upgrades / downgrades

RE analyst upgrades and downgrades
DateFirmActionFromTo
Jul 13, 2023Morgan Stanleyinit—Overweight
Jul 7, 2023Raymond JamesupOutperformStrong Buy
Jun 22, 2023Citigroupinit—Buy
Jun 21, 2023Citigroupinit—Buy
Jun 20, 2023Morgan Stanleyinit—Overweight
Jun 6, 2023Wells FargomainOverweightOverweight

About Everest Re Group, Ltd.

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 the United States, Bermuda, Canada, Europe, South America, France, Germany, Spain, 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. The company was founded in 1973 and is headquartered in Hamilton, Bermuda.

Sector
Financial Services
Industry
Insurance—Reinsurance
Country
Bermuda

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Insider holders

RE insider holders
InsiderRelationLatest transactionDateShares held
AMORE JOHN JDirectorStock Award(Grant)Feb 22, 202322,298
ANDRADE JUAN CChief Executive OfficerStock Award(Grant)Mar 14, 202354,427
GALTNEY WILLIAM F JRDirectorStock Award(Grant)Feb 22, 202329,064
GRAF JOHN ADirectorStock Award(Grant)Feb 22, 202314,059
HARTZBAND MERYL DDirectorStock Award(Grant)Feb 22, 20238,595
HARTZBAND MERYL D.DirectorStock Award(Grant)Jul 2, 20238,773

Institution ownership

RE institution ownership
Holder% heldSharesValueReported
Vanguard Group, Inc. (The)12.44%4,886,4371.72BMar 30, 2023
Blackrock Inc.7.49%2,942,7431.03BMar 30, 2023
State Street Corporation4.50%1,767,906621.03MMar 30, 2023
Boston Partners4.13%1,623,762570.40MMar 30, 2023
Envestnet Asset Management4.07%1,598,777561.62MMar 30, 2023
Victory Capital Management Inc.3.00%1,177,599413.67MMar 30, 2023

Fund ownership

RE fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund2.70%1,191,356418.50MDec 30, 2022
Vanguard Mid-Cap Index Fund2.07%910,713319.92MDec 30, 2022
Vanguard 500 Index Fund2.05%905,421318.06MDec 30, 2022
Victory Portfolios-Sycamore Established Value Fund1.95%860,000302.10MDec 30, 2022
John Hancock Fds III-Disciplined Value Mid Cap Fd1.58%694,599244.00MFeb 27, 2023
Advisors Inner Circle Fund II-Champlain Mid Cap Fund1.32%580,000203.74MDec 30, 2022
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