Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

Everest Re Group Ltd Stock Research

RE

Delayed
Watchlist

RE Alerts

RE Stock Price

RE RSI Chart

RE Valuation

Market Cap

25.2B

Price/Earnings (Trailing)

20.79

Price/Sales (Trailing)

1.9

EV/EBITDA

16.08

Price/Free Cashflow

5.87

RE Price/Sales (Trailing)

RE Profitability

EBT Margin

5.58%

Return on Equity

7.37%

Return on Assets

1.59%

Free Cashflow Yield

17.03%

RE Fundamentals

RE Revenue

Revenue (TTM)

13.3B

Revenue Y/Y

28.75%

Revenue Q/Q

11.08%

RE Earnings

Earnings (TTM)

1.2B

Earnings Y/Y

444.72%

Earnings Q/Q

83.56%

Price Action

Last 7 days

2.8%

Last 30 days

0.7%

Last 90 days

-3.0%

Trailing 12 Months

24.3%

RE Financial Health

RE Investor Care

Dividend Yield

1.94%

Dividend/Share (TTM)

6.6

Shares Dilution (1Y)

6.08%

Diluted EPS (TTM)

29.97

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for RE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-07-03
HARTZBAND MERYL D
acquired
31,204
339
92.00
-
2023-04-03
HARTZBAND MERYL D
acquired
30,989
360
86.00
-
2023-03-15
Andrade Juan C
sold (taxes)
-1,189,490
340
-3,494
president and ceo
2023-03-15
Andrade Juan C
acquired
2,325,200
340
6,830
president and ceo
2023-03-15
KARMILOWICZ MIKE
acquired
268,266
340
788
evp, pres/ceo insurance div
2023-03-15
KARMILOWICZ MIKE
sold (taxes)
-137,197
340
-403
evp, pres/ceo insurance div
2023-03-15
Mukherjee Sanjoy
sold (taxes)
-130,728
340
-384
execvp, gen counsel, secretary
2023-03-15
Mukherjee Sanjoy
acquired
395,249
340
1,161
execvp, gen counsel, secretary
2023-02-27
Mukherjee Sanjoy
sold (taxes)
-42,215
383
-110
execvp, gen counsel, secretary
2023-02-27
KARMILOWICZ MIKE
sold (taxes)
-49,890
383
-130
evp, pres/ceo insurance div

1–10 of 50

Which funds bought or sold RE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
BROOKFIELD Corp /ON/
new
-
4,704,680
4,704,680
0.02%
2023-09-20
BARCLAYS PLC
added
164
37,044,000
61,394,000
0.04%
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
-2,537
53,672
0.01%
2023-08-28
DT Investment Partners, LLC
unchanged
-
-1,731
29,457
-%
2023-08-24
Alamar Capital Management, LLC
added
5.41
12,128
1,939,710
1.43%
2023-08-23
Stonebridge Capital Advisors LLC
reduced
-74.07
-7,274
2,393
-%
2023-08-22
Asset Dedication, LLC
unchanged
-
-5,000
85,000
0.01%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
added
7.64
1,603,360
59,239,200
0.57%
2023-08-22
US Asset Management LLC
sold off
-100
-139,000
-
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
6.65
429,822
23,898,700
0.03%

1–10 of 47

Latest Funds Activity

Are funds buying RE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RE
No. of Funds

Schedule 13G FIlings of Everest Re Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
boston partners
5.22%
2,043,090
SC 13G/A
Feb 09, 2023
vanguard group inc
12.40%
4,857,673
SC 13G/A
Jan 31, 2023
blackrock inc.
7.4%
2,899,304
SC 13G/A
Jan 20, 2023
state street corp
4.79%
1,877,172
SC 13G/A
Jan 20, 2023
state street corp
4.79%
1,877,172
SC 13G/A
Feb 11, 2022
boston partners
5.59%
2,201,704
SC 13G/A
Feb 11, 2022
capital international investors
3.2%
1,244,971
SC 13G/A
Feb 11, 2022
state street corp
5.00%
1,969,769
SC 13G/A
Feb 03, 2022
blackrock inc.
7.1%
2,792,385
SC 13G/A
Feb 16, 2021
capital international investors
5.8%
2,316,349
SC 13G

Recent SEC filings of Everest Re Group

View All Filings
Date Filed Form Type Document
Sep 26, 2023
8-K/A
Current Report
Sep 20, 2023
4
Insider Trading
Aug 03, 2023
10-Q
Quarterly Report
Aug 01, 2023
8-K
Current Report
Jul 26, 2023
8-K
Current Report
Jul 06, 2023
4
Insider Trading

Peers (Alternatives to Everest Re Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
81.3B
55.3B
2.58% 19.59%
46.61
1.47
11.39% 104.72%
43.6B
50.4B
1.37% 27.97%
9.68
0.86
-9.25% -63.51%
29.1B
54.6B
0.32% -9.75%
-10.86
0.53
9.14% -383.17%
9.3B
7.5B
-6.50% -5.67%
10.94
1.25
12.86% -17.26%
-
23.6B
-2.21% 14.35%
-
-
5.78% -4.19%
37.1B
38.7B
-0.02% 7.01%
16.63
0.96
8.33% -37.32%
25.2B
13.3B
0.67% 24.34%
20.79
1.9
12.64% 55.58%
MID-CAP
3.9B
1.3B
-5.95% 42.73%
14.06
3
41.34% 137.60%
10.1B
7.4B
4.18% 40.72%
24.47
1.36
62.27% 144.80%
SMALL-CAP
1.2B
348.9M
-4.49% -40.60%
21.29
3.53
16.85% 25.90%
1.2B
1.4B
-0.58% -17.82%
-110.9
0.86
3.44% -114.81%
983.2M
1.1B
1.05% -6.36%
106.06
0.87
-2.53% -76.30%
572.2M
901.0M
-1.04% -33.32%
12.33
0.64
14.76% 164.17%

Everest Re Group News

Marketscreener.com
Princeton Everest Fund Insider Bought Shares Worth $696500 ....
Marketscreener.com,
24 hours ago
Marketscreener.com
Royal Gazette
Yahoo Finance
Royal Gazette
Everest Insurance tabs Leney.
Royal Gazette,
3 months ago
Yahoo Finance
Canadian Underwriter

Returns for RE

Cumulative Returns on RE

13.2%


10-Year Cumulative Returns

12.3%


7-Year Cumulative Returns

11.2%


5-Year Cumulative Returns

22.4%


3-Year Cumulative Returns

Risks for RE

What is the probability of a big loss on RE?

29.2%


Probability that Everest Re Group stock will be more than 20% underwater in next one year

19.2%


Probability that Everest Re Group stock will be more than 30% underwater in next one year.

16.5%


Probability that Everest Re Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does RE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Everest Re Group was unfortunately bought at previous high price.

Drawdowns

Financials for Everest Re Group

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue6.5%13,26412,44912,06011,92411,77612,01811,86611,50711,19210,3609,5989,0518,4838,2478,2317,5767,4697,3447,3617,4517,240
  S&GA Expenses2.2%2,6392,5832,5282,4742,3972,3252,2092,1242,0051,9131,8731,8101,8081,7631,7041,6501,5881,5511,5191,5111,463
EBITDA-100.0%-8006866009121,5371,6081,2051,5701,0256147145366831,131------
EBITDA Margin-100.0%-0.06*0.06*0.05*0.09*0.13*0.14*0.10*0.14*0.10*0.06*0.08*0.06*0.08*0.14*------
Interest Expenses7.5%11410698.0080.0078.0062.0062.0044.0050.0027.0028.0024.0026.0027.0032.0031.0031.0031.0030.0030.0030.00
Earnings Before Taxes90.9%1,3256945885208331,4741,5461,1641,5251,0025856855066411,099174271-50.25-2421,17379.00
EBT Margin-100.0%-0.06*0.05*0.04*0.08*0.12*0.13*0.10*0.14*0.10*0.06*0.08*0.06*0.08*0.13*------
Net Income82.3%1,2126655975337791,3361,3791,0121,3298395146685306721,00940750022889.001,045208
Net Income Margin-100.0%-0.05*0.05*0.04*0.08*0.11*0.12*0.09*0.12*0.08*0.05*0.07*0.06*0.08*0.12*------
Free Cashflow-100.0%-3,9133,6953,7223,7673,7753,8333,4743,3973,2722,8742,5562,1031,8981,852------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets6.8%44,66841,83939,96638,14437,90837,98738,18536,60635,37033,59532,71230,15328,58527,22327,32427,02426,34025,59324,75124,41123,886
    Cash Equivalents28.4%2,0671,6101,3981,6792,1161,7781,4411,0681,1061,133802939922818808717661584656640619
Liabilities2.9%33,76632,82531,52530,49529,05528,45928,04626,62724,95323,91222,98520,56219,29818,64218,19118,04017,50417,20416,89016,08215,645
Shareholder's Equity20.9%10,9029,0148,4417,6498,8539,52810,1399,97910,4179,6839,7269,5919,2868,5819,1338,9838,8378,3897,8618,2898,209
  Retained Earnings4.8%12,94012,34212,04211,61011,99411,93611,70011,33011,46510,84710,56710,56610,38510,25610,30710,15210,1059,8299,53110,0149,861
  Additional Paid-In Capital63.5%3,7532,2952,3022,2932,2842,2722,2742,2662,2562,2462,2452,2352,2262,2162,2202,2062,1982,1902,1892,1832,173
Shares Outstanding6.0%74.0070.0070.0070.0070.0070.0070.0070.0070.0070.0070.0070.0070.0070.0069.0069.0069.0069.0069.0069.0069.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations9.7%4,2913,9133,6953,7223,7673,7753,8333,4743,3973,2722,8742,5562,1031,8981,8521,5531,331874610662661
  Share Based Compensation2.2%46.0045.0045.0045.0045.0044.0043.0043.0042.0041.0039.0038.0036.0034.0034.0032.0032.0033.0032.0033.0032.00
Cashflow From Investing-44.4%-5,413-3,749-3,418-3,963-3,493-3,834-3,869-4,055-4,186-3,880-3,683-1,929-1,351-1,237-1,412-1,214-972-656-279-245-200
Cashflow From Financing390.5%1,069-368-359795705689674724973932800-396-480-423-275-274-318-332-316-360-310
  Dividend Payments2.3%265259255252249246247248248248249250245240234228224220216213211
  Buy Backs0%60.0060.0061.0085.0018620222520040.0024.0020020020020825.0025.0075.0010175.0013181.00

RE Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUES:    
Premiums earned$ 3,251$ 2,916$ 6,352$ 5,708
Net investment income357226617469
Total net gains (losses) on investments5(236)10(390)
Other income (expense)38(71)(42)(56)
Total revenues3,6502,8356,9365,731
CLAIMS AND EXPENSES:    
Incurred losses and loss adjustment expenses1,9601,8763,9273,666
Commission, brokerage, taxes and fees6866301,3471,236
Other underwriting expenses205170405331
Corporate expenses17153629
Interest, fees and bond issue cost amortization expense33246548
Total claims and expenses2,9012,7155,7795,310
INCOME (LOSS) BEFORE TAXES7501191,157421
Income tax expense (benefit)80(4)1221
NET INCOME (LOSS)6701231,035420
Other comprehensive income (loss), net of tax:    
Unrealized appreciation (depreciation) ("URA(D)") on securities arising during the period(169)(732)77(1,548)
Reclassification adjustment for realized losses (gains) included in net income (loss)216520
Total URA(D) on securities arising during the period(167)(717)82(1,528)
Foreign currency translation adjustments(1)(28)30(62)
Reclassification adjustment for amortization of net (gain) loss included in net income (loss)0112
Total benefit plan net gain (loss) for the period0112
Total other comprehensive income (loss), net of tax(168)(744)113(1,588)
COMPREHENSIVE INCOME (LOSS)$ 502$ (621)$ 1,148$ (1,168)
EARNINGS PER COMMON SHARE:    
Basic (in dollars per share)$ 16.26$ 3.11$ 25.74$ 10.67
Diluted (in dollars per share)$ 16.26$ 3.11$ 25.74$ 10.67

RE Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
ASSETS:  
Fixed maturities - available for sale, at fair value (amortized cost: 2023, $26,372; 2022, $24,191, credit allowances: 2023, $(63); 2022, $(54))$ 24,489$ 22,236
Fixed maturities - held to maturity, at amortized cost (fair value: 2023, $781; 2022, $821, net of credit allowances: 2023, $(8); 2022, $(9))798839
Equity securities, at fair value259281
Other invested assets4,2624,085
Short-term investments1,6751,032
Cash2,0671,398
Total investments and cash33,55029,872
Accrued investment income266217
Premiums receivable (net of credit allowances: 2023, $(34); 2022, $(29))4,2633,619
Reinsurance paid loss recoverables (net of credit allowances: 2023, $(24); 2022, $(23))201136
Reinsurance unpaid loss recoverables2,1752,105
Funds held by reinsureds1,0751,056
Deferred acquisition costs1,086962
Prepaid reinsurance premiums692610
Income tax asset, net399459
Other assets (net of credit allowances: 2023, $(7); 2022, $(5))961930
TOTAL ASSETS44,66839,966
LIABILITIES:  
Reserve for losses and loss adjustment expenses23,40522,065
Future policy benefit reserve2829
Unearned premium reserve5,9435,147
Funds held under reinsurance treaties2513
Amounts due to reinsurers678567
Losses in course of payment15074
Senior notes2,3482,347
Long-term notes218218
Borrowings from FHLB519519
Accrued interest on debt and borrowings1919
Unsettled securities payable211
Other liabilities412526
Total liabilities33,76631,525
Commitments and contingencies
SHAREHOLDERS' EQUITY:  
Preferred shares, par value: $0.01; 50.0 shares authorized; no shares issued and outstanding00
Common shares, par value: $0.01; 200.0 shares authorized; (2023) 74.2 and (2022) 69.9 outstanding before treasury shares11
Additional paid-in capital3,7532,302
Accumulated other comprehensive income (loss), net of deferred income tax expense (benefit) of $(247) at 2023 and $(250) at 2022(1,883)(1,996)
Treasury shares, at cost; 30.8 shares (2023) and 30.8 shares (2022)(3,908)(3,908)
Retained earnings12,94012,042
Total shareholders' equity10,9028,441
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY$ 44,668$ 39,966
Juan C. Andrade
1950
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 property and casualty insurance directly, as well as through brokers, surplus lines brokers, and general agents in Bermuda, Canada, Europe, South America, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. 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.