|Bid||0.00 x 1300|
|Ask||0.00 x 1400|
|Day's Range||214.90 - 218.30|
|52 Week Range||201.09 - 264.88|
|Beta (3Y Monthly)||0.18|
|PE Ratio (TTM)||85.74|
|Earnings Date||Feb 4, 2019 - Feb 8, 2019|
|Forward Dividend & Yield||5.60 (2.62%)|
|1y Target Est||239.50|
Robust premiums and a strong revenue base get reflected in Everest Re's (RE) Q4 performance. However, weak investment results and higher expenses are negatives.
Everest Re (RE) delivered earnings and revenue surprises of 21.88% and -2.70%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
The Hamilton, Bermuda-based company said it had a loss of $9.50 per share. Losses, adjusted for one-time gains and costs, came to $5.89 per share. The results beat Wall Street expectations. The average ...
Everest Re Group, Ltd. today reported fourth quarter 2018 net loss of $382.3 million, or $9.50 per common share, compared to net income of $571.0 million, or $13.85 per diluted common share for the fourth quarter of 2017.
Insurers are likely to benefit from interest rate hikes, improved pricing, continued share repurchases, though cat loss will weigh on underwriting profitability.
Everest Re Group (RE) Q4 earnings will likely benefit from strong performance at its Insurance segment while cat loss will weigh on Reinsurance segment.
Everest Re's (RE) cat loss estimates for Q4 might mar the prospects of its imminent earnings release, thereby rendering volatility to underwriting income.
Everest Re Group, Ltd. (“Everest”) (RE) announced today that it expects to incur in the fourth quarter 2018 catastrophe losses of $695 million, net of reinsurance, reinstatement premiums and taxes. The catastrophe losses were related to the fourth quarter 2018 events of Hurricane Michael which impacted Florida and other states in the Southeastern US, the Camp and Woolsey wildfires in California, and the December hailstorm event in Australia. The impact to Everest is primarily arising from its reinsurance operations, and as such is dependent upon the loss reporting from ceding insurers across many underlying insurance policies.
# Everest Re Group Ltd ### NYSE:RE View full report here! ## Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is low for RE with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding RE totaled $1.58 billion. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Dom Addesso became the CEO of Everest Re Group, Ltd. (NYSE:RE) in 2014. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then Read More...
Everest Re Group, Ltd. (“Everest”) (RE) will release its fourth quarter and year end 2018 financial results on February 11, 2019 after the NYSE market close. At that time, Everest’s earnings release and financial supplement will be made available at www.everestre.com/Investors. A conference call to discuss the results will be held at 10:30 a.m. Eastern Standard Time on February 12, 2019.
The Board of Directors of Everest Re Group, Ltd. (“Everest”) has been informed by its President and Chief Executive Officer, Dominic J. Addesso, that he will retire at the end of his contract term on December 31, 2019. Joseph V. Taranto, Chairman of the Board, stated, “Dom has done a great job of growing Everest and positioning us for the future. Everest Re Group, Ltd. (“Everest”) is a leading global provider of reinsurance and insurance, operating for more than 40 years through subsidiaries in the U.S., Europe, Bermuda and other territories.
Everest Re (RE) is poised for growth given its compelling product portfolio, risk management capabilities and solid capital management policy.
The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors endured a torrid quarter, which certainly propelled them to adjust their equity holdings so as to maintain the desired risk profile. As […]
Everest Re (RE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Everest Re Group, Ltd. announced that its Board of Directors approved an 8% increase to its regular quarterly dividend from $1.30 to $1.40 per common share. This dividend will be payable on or before December 12, 2018 to all shareholders of record as of November 28, 2018.
Everest Re Group, Ltd. announced today that it has published its Global Loss Triangles for the year ended December 31, 2017.