Everest Re Group Ltd. (RE)

NYSE: RE · IEX Real-Time Price · USD
282.38
2.36 (0.84%)
May 16, 2022 4:00 PM EDT - Market closed
Market Cap11.14B
Revenue (ttm)12.02B
Net Income (ttm)1.33B
Shares Out39.44M
EPS (ttm)33.66
PE Ratio8.39
Forward PE8.04
Dividend$6.20 (2.20%)
Ex-Dividend DateMay 24, 2022
Volume132,015
Open279.13
Previous Close280.02
Day's Range278.84 - 284.10
52-Week Range234.87 - 308.20
Beta0.62
AnalystsBuy
Price Target354.96 (+25.7%)
Earnings DateApr 27, 2022

About RE

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 p...

IndustryInsurance
IPO DateOct 2, 1995
CEOJuan Andrade
Employees1,947
Stock ExchangeNYSE
Ticker SymbolRE
Full Company Profile

Financial Performance

In 2021, RE's revenue was $11.87 billion, an increase of 23.63% compared to the previous year's $9.60 billion. Earnings were $1.38 billion, an increase of 168.23%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for RE stock is "Buy." The 12-month stock price forecast is 354.96, which is an increase of 25.70% from the latest price.

Price Target
$354.96
(25.70% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Here's Why Investing in Everest Re (RE) Stock is Prudent Now

Everest Re (RE) is poised to benefit from improving premium, effective capital deployment and solid capital position.

14 hours ago - Zacks Investment Research

Everest Re (RE) Rewards Shareholders With 6.4% Dividend Hike

Everest Re's (RE) recent 6.4% hike in dividend reflects its intention to enhance shareholders' value, supported by its strong financial position.

3 days ago - Zacks Investment Research

Everest Re Group Increases Quarterly Dividend to $1.65

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. announced that its Board of Directors declared an increase in the regular quarterly dividend from $1.55 to $1.65 per common share. This dividen...

4 days ago - Business Wire

5 Dividend Growth Stocks to Buy At a Bargain

Westlake (WLK), Boise Cascade (BCC), Target (TGT), Everest Re (RE) and Progress Software (PRGS) could be cheap compelling picks amid market volatility.

Other symbols:BCCPRGSTGTWLK
5 days ago - Zacks Investment Research

Everest Re (RE) Q1 Earnings Top, Revenues Lag Estimates

Everest Re's (RE) 1Q results reflect higher premiums across its reinsurance and insurance businesses. A not-so-active cat environment aided underwriting income, driving the combined ratio.

2 weeks ago - Zacks Investment Research

Everest Re (RE) Q1 Earnings Top Estimates

Everest Re (RE) delivered earnings and revenue surprises of 23.92% and 2.63%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Everest Re Group Reports First Quarter 2022 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest” or the “Group”) today reported its first quarter 2022 results. First Quarter 2022 Highlights $406 Million of Net Operating Income an...

2 weeks ago - Business Wire

Everest Re (RE) to Report Q1 Earnings: What's in Store?

Everest Re's (RE) Q1 results are likely to benefit from strong new business, exposure growth, underlying rate increases and higher limited partnership income.

3 weeks ago - Zacks Investment Research

Everest Re (RE) Earnings Expected to Grow: Should You Buy?

Everest Re (RE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago - Zacks Investment Research

Everest Mourns the Passing of Chief Risk Officer & Chief Actuary, Don Mango

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) (NYSE: RE) today announced with great sorrow the passing of Don Mango, the company's Chief Risk Officer and Chief Actuary. Don was ...

4 weeks ago - Business Wire

Here's Why Everest Re (RE) is a Strong Value Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

1 month ago - Zacks Investment Research

Everest Re Group to Hold First Quarter 2022 Earnings Conference Call on Thursday, April 28, 2022

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) (NYSE: RE) will hold its first quarter 2022 earnings conference call on Thursday, April 28, 2022, beginning at 8:00 am Eastern Time...

1 month ago - Business Wire

Here's Why You Should Retain Everest Re (RE) in Your Portfolio

Everest Re (RE) is well-poised to gain from solid segmental performances and solid capital position.

1 month ago - Zacks Investment Research

5 Property & Casualty Insurers to Gain From Better Pricing

Frequent catastrophes accelerating policy renewal rate and the resultant upward pricing pressure are likely to boost the performance of Zacks Property and Casualty Insurance industry players like CB, CI...

Other symbols:CBCINFKNSLWRB
2 months ago - Zacks Investment Research

Why Is Everest Re (RE) Down 6.1% Since Last Earnings Report?

Everest Re (RE) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Everest Re (RE) is a Top-Ranked Growth Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

2 months ago - Zacks Investment Research

Top 5 Insurance Stocks to Gain From Fed's Likely Rate Hike

We have narrowed our search to five large-cap insurers that saw positive earnings estimate revisions within the last 30 days. These are: CINF, RJF, RE, WRB and ACGL.

Other symbols:ACGLCINFRJFWRB
2 months ago - Zacks Investment Research

Everest Re Group Announces Dividend

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest” or the “Company”) announced that its Board of Directors declared a dividend of $1.55 per share payable on or before March 30, 2022 t...

2 months ago - Business Wire

New Strong Buy Stocks for February 24th

ASIX, AA, ACGL, RE, and TSE have been added to the Zacks Rank #1 (Strong Buy) List on February 24, 2022.

Other symbols:AAACGLASIXTSE
2 months ago - Zacks Investment Research

Everest Re (RE) Rises 25.8% in a Year: More Room for Growth?

Everest Re (RE) stock rallies on the back of solid segmental performance and effective capital deployment.

2 months ago - Zacks Investment Research

Everest Re (RE) is a Great Momentum Stock: Should You Buy?

Does Everest Re (RE) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for February 16th

AA, RE, and HUBG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 16, 2022

Other symbols:AAHUBG
3 months ago - Zacks Investment Research

Best Income Stocks to Buy for February 16th

XOM, RE, and GABC made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 16, 2022

Other symbols:GABCXOM
3 months ago - Zacks Investment Research

Best Value Stocks to Buy for February 16th

RE, AA, and TWI made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 16, 2022

Other symbols:AATWI
3 months ago - Zacks Investment Research

New Strong Buy Stocks for February 16th

AA, RE, XOM, HUBG, and TWI have been added to the Zacks Rank #1 (Strong Buy) List on February 16, 2022.

Other symbols:AAHUBGTWIXOM
3 months ago - Zacks Investment Research