Everest Re Group, Ltd. (RE)

NYSE: RE · IEX Real-Time Price · USD
341.11
-2.02 (-0.59%)
Jun 5, 2023, 1:45 PM EDT - Market open
-0.59%
Market Cap 14.81B
Revenue (ttm) 12.45B
Net Income (ttm) 664.63M
Shares Out 43.42M
EPS (ttm) 16.82
PE Ratio 20.29
Forward PE 7.12
Dividend $6.60 (1.94%)
Ex-Dividend Date May 30, 2023
Volume 257,544
Open 345.86
Previous Close 343.13
Day's Range 340.49 - 346.75
52-Week Range 244.58 - 395.00
Beta 0.60
Analysts Buy
Price Target 413.67 (+21.27%)
Earnings Date Jul 26, 2023

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... [Read more]

Sector Financials
IPO Date Oct 2, 1995
Employees 2,428
Stock Exchange NYSE
Ticker Symbol RE
Full Company Profile

Financial Performance

In 2022, RE's revenue was $12.06 billion, an increase of 1.63% compared to the previous year's $11.87 billion. Earnings were $597.00 million, a decrease of -56.71%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for RE stock is "Buy." The 12-month stock price forecast is $413.67, which is an increase of 21.27% from the latest price.

Price Target
$413.67
(21.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Everest Appoints Veteran Legal Advisor Ricardo Anzaldua as Executive Vice President and Group General Counsel

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (NYSE: RE) (“Everest”), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solu...

1 week ago - Business Wire

Everest Re Group Announces Dividend

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.65 per common share payable on or before June 16, 2023 to all shareholders of...

2 weeks ago - Business Wire

Everest to Rebrand Company Name and NYSE Ticker to Reflect its Evolution, Global Growth and Diversification Strategy

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (NYSE: RE) (“Everest”), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solu...

2 weeks ago - Business Wire
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Everest Re Group, Ltd. Announces Pricing of Public Offering of 3,600,000 Common Shares

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (NYSE: RE) (the “Company” or “Everest”) announced today the pricing of an underwritten public offering of 3,600,000 common shares at a price ...

2 weeks ago - Business Wire

Everest Re Group, Ltd. Announces Public Offering of 3,000,000 Common Shares

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (NYSE: RE) (the “Company” or “Everest”) announced today that it has commenced an underwritten public offering of 3,000,000 common shares. The...

2 weeks ago - Business Wire

Everest Re Group Reports First Quarter 2023 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest” or the “Group”) today reported its first quarter 2023 results. First Quarter 2023 Highlights Strong year-over-year improvements in...

1 month ago - Business Wire

Everest Names Mike Mulray President of North America Insurance

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) (NYSE: RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solu...

1 month ago - Business Wire

Everest Re Group to Hold First Quarter 2023 Earnings Conference Call on Tuesday, May 2, 2023

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) (NYSE: RE) will hold its first quarter 2023 earnings conference call on Tuesday, May 2, 2023, beginning at 8:00 am Eastern Time. ...

2 months ago - Business Wire
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Everest Appoints Brent Hoffman as Interim General Counsel; Announces the Departure of Sanjoy Mukherjee

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) (NYSE: RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solu...

2 months ago - Business Wire

Everest Re Group Reports Fourth Quarter 2022 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest” or the “Group”) today reported its fourth quarter 2022 results. Fourth Quarter 2022 Highlights Net Operating Income of $478 millio...

4 months ago - Business Wire

Top 2 stocks to buy and 2 to avoid: research company

Mill Street Research, an independent consulting and research company, released its weekly newsletter on Monday. The report includes buy ideas and sell ideas for the Russell 1000.

Other symbols: MPCWDC
4 months ago - Invezz

Everest Re Group to Hold Fourth Quarter 2022 Earnings Conference Call on Thursday, February 9, 2023

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) (NYSE: RE) will hold its fourth quarter 2022 earnings conference call on Thursday, February 9, 2023, beginning at 8:00 am Easte...

5 months ago - Business Wire

Everest Names Srini Maddineni Group Chief Information Officer

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (NYSE: RE) (“Everest”), global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solu...

5 months ago - Business Wire
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Everest Mourns the Passing of Board Director John Arthur Weber

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) (NYSE: RE) today announced with great sorrow the December 25 passing of Everest Board Director John Arthur Weber.

5 months ago - Business Wire

Everest Re Group, Ltd. Appoints Hazel McNeilage to its Board of Directors

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) (NYSE: RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance so...

7 months ago - Business Wire

Everest Unveils Refreshed Brand, Reflecting Company's Strategic Evolution and Commitment to “Underwrite Opportunity”

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd.

7 months ago - Business Wire

Everest Re Group Reports Third Quarter 2022 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd.

7 months ago - Business Wire

Everest Announces Preliminary Impact of Third Quarter 2022 Catastrophe Events

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd.

8 months ago - Business Wire

Everest Re Group to Hold Third Quarter 2022 Earnings Conference Call on Thursday, October 27, 2022

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest”) (NYSE: RE) will hold its third quarter 2022 earnings conference call on Thursday, October 27, 2022, beginning at 8:00 am Eastern ...

9 months ago - Business Wire

Everest Re Group Publishes 2021 Global Loss Triangles

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest” or the “Company”) announced today that it has published its Global Loss Triangles for the year ended December 31, 2021. These docu...

10 months ago - Business Wire

Everest Re Group Reports Second Quarter 2022 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest” or the “Group”) today reported its second quarter 2022 results. Second Quarter 2022 Highlights $386 Million of Net Operating Incom...

11 months ago - Business Wire

Everest Re Group to Hold Second Quarter 2022 Earnings Conference Call on Thursday, July 28, 2022

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

1 year ago - Business Wire

Brent Hoffman to Join Everest Reinsurance as Head of Claims and Chief Operations Officer

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Reinsurance, the reinsurance division of Everest Re Group, Ltd. (NYSE: RE) today announced Brent Hoffman will join the company as Senior Vice President, Hea...

1 year ago - Business Wire

Everest Welcomes David Harris as Chief Reserving Actuary

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest” or the “Company”) (NYSE: RE) announced that David Harris has joined the Company as Senior Vice President, Chief Reserving Actuary,...

1 year ago - Business Wire

Matthew Rohrmann Joins Everest as Head of Investor Relations

HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Re Group, Ltd. (“Everest” or the “Company”) (NYSE: RE) announced that Matthew Rohrmann has joined the Company as Senior Vice President, Head of Investor Rel...

1 year ago - Business Wire