How to buy Everest Re Group (RE) shares in Australia

Learn how to easily invest in Everest Re Group shares.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Everest Re Group Ltd (RE) is a leading insurance-reinsurance business with stocks listed in the US. It opened the day at US$255.76 after a previous close of US$256.24. During the day the price has varied from a low of USD250.53 to a high of USD256.19. The latest price was USD251.55 (25 minute delay). Everest Re Group is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Everest Re Group

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Everest Re Group. Find the share by name or ticker symbol: RE. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Everest Re Group reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$256.24, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Everest Re Group, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Everest Re Group. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Everest Re Group stock price (NYSE:RE)

Use our graph to track the performance of RE stocks over time.

Everest Re Group shares at a glance

Information last updated 2021-06-28.
OpenUS$255.76
HighUS$256.19
LowUS$250.53
CloseUS$251.55
Previous closeUS$256.24
Change US$-4.69
Change % -1.8303%
Volume 235,832
Information last updated 2021-11-27.
52-week rangeUS$205.9585 - US$289.68
50-day moving average US$268.2832
200-day moving average US$259.0115
Target priceUS$320
PE ratio 10.61
Dividend yield US$6.2 (2.23%)
Earnings per share (TTM) US$25.297

Where to buy Everest Re Group stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CommSec Share Trading Account
US$19.95
0.60%
ASX shares, Global shares, Options trading, ETFs
Trade with Australia's largest online stockbroking firm.
Enjoy fast, simple and affordable trades, with market leading research and broker recommendations all in one platform
loading

Compare up to 4 providers

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Everest Re Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Everest Re Group share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying Everest Re Group shares?

Before you consider Everest Re Group, you'll want to hear this.
Ticker Nerd uses advanced software to track hundreds of signals and data points to find stocks before they blow up. You can get the next two hot stocks they find sent to your inbox for free.

Show me how

Everest Re Group price performance over time

Historical closes compared with the last close of $251.55

1 week (2021-11-26) -6.28%
1 month (2021-11-03) -8.18%
3 months (2021-09-03) -1.98%
6 months (2021-06-02) -2.15%
1 year (2020-12-03) 8.16%
2 years (2019-12-03) -5.37%
3 years (2018-12-03) 12.09%
5 years (2016-12-02) 19.81%

Is Everest Re Group under- or over-valued?

Valuing Everest Re Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Everest Re Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Everest Re Group's P/E ratio

Everest Re Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Everest Re Group shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Everest Re Group financials

Revenue TTM US$11.5 billion
Operating margin TTM 10.67%
Gross profit TTM US$670.1 million
Return on assets TTM 2.3%
Return on equity TTM 10.34%
Profit margin 8.79%
Book value 253.398
Market capitalisation US$10.6 billion

TTM: trailing 12 months

Everest Re Group's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Everest Re Group.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Everest Re Group's total ESG risk score

Total ESG risk: 24.57

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Everest Re Group's overall score of 24.57 (as at 12/31/2018) is nothing to write home about – landing it in it in the 47th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Everest Re Group is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Everest Re Group's environmental score

Environmental score: 1.62/100

Everest Re Group's social score

Social score: 7.39/100

Everest Re Group's governance score

Governance score: 9.8/100

Everest Re Group's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Everest Re Group scored a 1 out of 5 for controversy – the highest score possible, reflecting that Everest Re Group has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Everest Re Group Ltd was last rated for ESG on: 2019-01-01.

Total ESG score 24.57
Total ESG percentile 47.22
Environmental score 1.62
Social score 7.39
Governance score 9.8
Level of controversy 1

Everest Re Group share dividends

33%

Dividend payout ratio: 33.23% of net profits

Recently Everest Re Group has paid out, on average, around 33.23% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.31% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Everest Re Group shareholders could enjoy a 2.31% return on their shares, in the form of dividend payments. In Everest Re Group's case, that would currently equate to about $6.2 per share.

While Everest Re Group's payout ratio might seem fairly standard, it's worth remembering that Everest Re Group may be investing much of the rest of its net profits in future growth.

Everest Re Group's most recent dividend payout was on 21 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 November 2021 (the "ex-dividend date").

Everest Re Group share price volatility

Over the last 12 months, Everest Re Group's shares have ranged in value from as little as US$205.9585 up to US$289.68. A popular way to gauge a stock's volatility is its "beta".

RE.US volatility(beta: 0.69)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Everest Re Group's is 0.6888. This would suggest that Everest Re Group's shares are less volatile than average (for this exchange).

Everest Re Group overview

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, 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, Canada, Europe, Ireland, and Switzerland. 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. Everest Re Group, Ltd. was founded in 1973 and is headquartered in Hamilton, Bermuda.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site