Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally.
No risks detected for RE from our risk checks.
Established dividend payer and good value.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: RE exceeded the US Insurance industry which returned 17.4% over the past year.
Return vs Market: RE exceeded the US Market which returned 19.4% over the past year.
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 month ago | Simply Wall StShould You Or Shouldn't You: A Dividend Analysis on Everest Re Group, Ltd. (NYSE:RE)
4 months ago | Simply Wall StWhy Everest Re Group, Ltd.'s (NYSE:RE) High P/E Ratio Isn't Necessarily A Bad Thing
5 months ago | Simply Wall StIs Everest Re Group, Ltd. (NYSE:RE) Potentially Underrated?
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 ($289.79) is trading below our estimate of fair value ($415.57)
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 (11.7x) compared to the Insurance industry average (13.6x).
PE vs Market: RE is good value based on its PE Ratio (11.7x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: RE is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: RE is overvalued based on its PB Ratio (1.3x) 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 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RE's forecast earnings growth (3.7% per year) is above the savings rate (1.7%).
Earnings vs Market: RE's earnings (3.7% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: RE's earnings are forecast to grow, but not significantly.
Revenue vs Market: RE's revenue (5.5% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: RE's revenue (5.5% 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 (10.1%).
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 (12.3%) are higher than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: RE's earnings have declined by -19.8% per year over the past 5 years.
Accelerating Growth: RE's earnings growth over the past year (883.9%) exceeds its 5-year average (-19.8% per year).
Earnings vs Industry: RE earnings growth over the past year (883.9%) exceeded the Insurance industry 22.4%.
Return on Equity
High ROE: RE's Return on Equity (11.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Everest Re Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: RE has a low level of unsold assets or inventory.
Debt Coverage by Assets: RE's debt is covered by short term assets (assets are 10.8x debt).
Financial Institutions Analysis
Asset Level: RE's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if RE has a sufficient allowance for bad loans.
Low Risk Liabilities: RE reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if RE has an acceptable proportion of non-loan assets held.
Low Risk Deposits: RE has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if RE has an appropriate level of bad loans.
What is Everest Re Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: RE's dividend (2.14%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: RE's dividend (2.14%) is low compared to the top 25% of dividend payers in the US market (3.7%).
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 (23.2%), 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 (26.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Juan Andrade (53yo)
Mr. Juan Carlos Andrade has been Chief Executive Officer and President at Everest Re Group, Ltd. since January 1, 2020. Mr. Andrade served as Chief Operating Officer at Everest Re Group, Ltd., since Septem ...
|Executive VP||7.8yrs||US$1.61m||0.045% $5.4m|
|Chief Compliance Officer||0yrs||US$1.83m||0.092% $11.0m|
|Executive VP||3.8yrs||US$2.42m||0.060% $7.1m|
|Executive VP||3.8yrs||US$1.96m||0.033% $3.9m|
|President & CEO||0.08yrs||no data||0.094% $11.2m|
|Senior VP & Chief Investment Officer||0yrs||no data||no data|
|Head of Investor Relations||1.3yrs||no data||no data|
|Senior Vice President||0yrs||no data||no data|
|Senior Vice President||0yrs||no data||no data|
|Executive VP & Head of International||2.9yrs||no data||no data|
Experienced Management: RE's management team is considered experienced (3.4 years average tenure).
|Independent Director||3.8yrs||US$506.76k||0.023% $2.8m|
|Chairman of the Board||20yrs||US$2.01m||0.75% $89.6m|
|Non-Independent Director||7.4yrs||US$7.07m||0.25% $29.4m|
|Director||0.8yrs||no data||0.0039% $461.2k|
|Independent Lead Director||0yrs||no data||0.17% $20.0m|
|Independent Director||10yrs||US$517.13k||0.033% $3.9m|
|Independent Director||7.4yrs||US$507.13k||0.043% $5.1m|
|Independent Director||16.8yrs||US$517.13k||0.032% $3.8m|
|Independent Director||5.8yrs||US$507.13k||0.025% $2.9m|
Experienced Board: RE's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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$11.888b
- Shares outstanding: 40.80m
- Website: https://www.everestre.com
Number of Employees
- Everest Re Group, Ltd.
- Seon Place
- 4th Floor
- HM 19
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RE||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Oct 1995|
|ERE||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 1995|
|0U96||LSE (London Stock Exchange)||Yes||Common Shares||GB||USD||Oct 1995|
|E1VE34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 4 REPR 1 COM||BR||BRL||Jan 2020|
Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through four segments: U.S. Reinsurance, International, Bermuda, and Insurance. The U.S. Reinsurance segment writes property and casualty reinsurance; and specialty lines of business, including marine, aviation, surety, and accident and health insurance through reinsurance brokers, as well as directly with ceding companies in the United States. The International segment writes property and casualty reinsurance in Canada, Singapore, Brazil, Miami, and New Jersey. The Bermuda segment provides reinsurance and insurance to property and casualty markets through brokers and directly with ceding companies in Bermuda; and reinsurance to the United Kingdom and European markets. The Insurance segment writes property and casualty insurance products directly, as well as through general agents, brokers, and surplus lines brokers in the United States, Canada, and Europe. The company also provides property and casualty reinsurance and insurance coverages, such as errors and omissions liability, directors' and officers' liability, medical malpractice, and worker’s compensation products. Everest Re Group, Ltd. was founded in 1973 and is headquartered in Hamilton, Bermuda.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 01:12|
|End of Day Share Price||2020/02/18 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.