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Everest Re Group, Ltd (RE) is a leading insurance-reinsurance business with stocks listed in the US. It opened the day at US$254.39 after a previous close of US$254.03. During the day the price has varied from a low of USD252.84 to a high of USD258.49. The latest price was USD256.58 (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
- 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.
- 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.
- 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.
- 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.
- Decide on how many to buy. At last close price of US$259.37, 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.
- 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.
What's in this guide?
- Everest Re Group key stats
- Compare share trading platforms
- Is Everest Re Group stock a buy or sell?
- Everest Re Group performance over time
- Can I short Everest Re Group shares?
- Is Everest Re Group suitable for ethical investing?
- Are Everest Re Group shares over-valued?
- Everest Re Group's financials
- How volatile are Everest Re Group shares?
- Does Everest Re Group pay a dividend?
- Other common questions
Everest Re Group share priceUse our graph to track the performance of RE stocks over time.
Everest Re Group shares at a glance
|52-week range||US$189.4274 - US$279.6159|
|50-day moving average||US$266.0035|
|200-day moving average||US$245.8349|
|Dividend yield||US$6.2 (2.39%)|
|Earnings per share (TTM)||US$20.947|
Compare share trading platforms to buy stock
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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 price performance over time
|1 month (2021-05-14)||-5.47%|
|3 months (2021-03-16)||1.27%|
|6 months (2020-12-16)||9.95%|
|1 year (2020-06-16)||16.32%|
|2 years (2019-06-14)||2.20%|
|3 years (2018-06-15)||13.23%|
|5 years (2016-06-16)||48.38%|
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 12x. In other words, Everest Re Group shares trade at around 12x 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$10.3 billion|
|Operating margin TTM||9.89%|
|Gross profit TTM||US$670.1 million|
|Return on assets TTM||2.1%|
|Return on equity TTM||9.19%|
|Market capitalisation||US$10.3 billion|
TTM: trailing 12 months
Shorting Everest Re Group shares
There are currently 1.2 million Everest Re Group shares held short by investors – that's known as Everest Re Group's "short interest". This figure is 83.5% up from 666,754 last month.
There are a few different ways that this level of interest in shorting Everest Re Group shares can be evaluated.
Everest Re Group's "short interest ratio" (SIR)
Everest Re Group's "short interest ratio" (SIR) is the quantity of Everest Re Group shares currently shorted divided by the average quantity of Everest Re Group shares traded daily (recently around 417658.02047782). Everest Re Group's SIR currently stands at 2.93. In other words for every 100,000 Everest Re Group shares traded daily on the market, roughly 2930 shares are currently held short.
However Everest Re Group's short interest can also be evaluated against the total number of Everest Re Group shares, or, against the total number of tradable Everest Re Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Everest Re Group's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Everest Re Group shares in existence, roughly 30 shares are currently held short) or 0.031% of the tradable shares (for every 100,000 tradable Everest Re Group shares, roughly 31 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Everest Re Group.
Find out more about how you can short Everest Re Group stock.
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
|Total ESG score||24.57|
|Total ESG percentile||47.22|
|Level of controversy||1|
Everest Re Group share dividends
Dividend payout ratio: 62.88% of net profits
Recently Everest Re Group has paid out, on average, around 62.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.41% 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 2.41% 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.
Everest Re Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Everest Re Group's most recent dividend payout was on 8 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 24 May 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$189.4274 up to US$279.6159. A popular way to gauge a stock's volatility is its "beta".
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 0.6538. 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.
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