Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. More Details
Undervalued established dividend payer.
Share Price & News
How has Everest Re Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: RE's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: RE underperformed the US Insurance industry which returned 30.9% over the past year.
Return vs Market: RE underperformed the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Everest Re Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StAre Everest Re Group, Ltd.'s (NYSE:RE) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
1 month ago | Simply Wall StDoes Everest Re Group (NYSE:RE) Deserve A Spot On Your Watchlist?
1 month ago | Simply Wall StInvestors Who Bought Everest Re Group (NYSE:RE) Shares Five Years Ago Are Now Up 49%
Is Everest Re Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RE ($252.83) is trading below our estimate of fair value ($600.59)
Significantly Below Fair Value: RE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RE is good value based on its PE Ratio (7.6x) compared to the US Insurance industry average (10.7x).
PE vs Market: RE is good value based on its PE Ratio (7.6x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: RE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: RE is good value based on its PB Ratio (1x) compared to the US Insurance industry average (1.1x).
How is Everest Re Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RE's earnings are forecast to decline over the next 3 years (-1.9% per year).
Earnings vs Market: RE's earnings are forecast to decline over the next 3 years (-1.9% per year).
High Growth Earnings: RE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: RE's revenue (8.3% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: RE's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RE's Return on Equity is forecast to be low in 3 years time (11.6%).
How has Everest Re Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RE has high quality earnings.
Growing Profit Margin: RE's current net profit margins (11.8%) are higher than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: RE's earnings have declined by 2.2% per year over the past 5 years.
Accelerating Growth: RE's earnings growth over the past year (152.8%) exceeds its 5-year average (-2.2% per year).
Earnings vs Industry: RE earnings growth over the past year (152.8%) exceeded the Insurance industry 67%.
Return on Equity
High ROE: RE's Return on Equity (12.8%) is considered low.
How is Everest Re Group's financial position?
Financial Position Analysis
Short Term Liabilities: RE's short term assets ($7.6B) exceed its short term liabilities ($4.7B).
Long Term Liabilities: RE's short term assets ($7.6B) do not cover its long term liabilities ($20.2B).
Debt to Equity History and Analysis
Debt Level: RE's debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: RE's debt to equity ratio has increased from 7.9% to 16.8% over the past 5 years.
Debt Coverage: RE's debt is well covered by operating cash flow (194.6%).
Interest Coverage: RE's interest payments on its debt are well covered by EBIT (30.1x coverage).
What is Everest Re Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RE's dividend (2.45%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: RE's dividend (2.45%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: RE's dividends per share have been stable in the past 10 years.
Growing Dividend: RE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.5%), RE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RE's dividends in 3 years are forecast to be well covered by earnings (21% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Juan Andrade (55 yo)
Mr. Juan Carlos Andrade has been Chief Executive Officer and President at Everest Re Group, Ltd. since January 1, 2020. He serves as a Director of Everest Re Group, Ltd. since February 26, 2020. He is Chai...
CEO Compensation Analysis
Compensation vs Market: Juan's total compensation ($USD8.06M) is about average for companies of similar size in the US market ($USD11.17M).
Compensation vs Earnings: Insufficient data to compare Juan's compensation with company performance.
Experienced Management: RE's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: RE's board of directors are considered experienced (8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Everest Re Group, Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Everest Re Group, Ltd.
- Ticker: RE
- Exchange: NYSE
- Founded: 1973
- Industry: Reinsurance
- Sector: Insurance
- Market Cap: US$10.134b
- Shares outstanding: 40.08m
- Website: https://www.everestre.com
Number of Employees
- Everest Re Group, Ltd.
- Seon Place
- 4th Floor
- HM 19
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 Ins...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 22:07|
|End of Day Share Price||2021/07/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.