Home Sectors Financial Services Present Performance: Everest Re Group (NYSE: RE)

Present Performance: Everest Re Group (NYSE: RE)


Everest Re Group is in the financial services sector and is part of the specialty insurance industry. The company CEO is Dominic J. Addesso. Everest Re Group is engaged in the insurance business. Its offering comprises of property and casualty reinsurance and insurance products and services.

Previous Intraday Trading Performance:

The RE stock showed a previous change of -0.32% with an open at 221.58 and a close of 221.80. It reached an intraday high of 222.91 and a low of 217.96.

SeekingAlpha:  Notable earnings after Monday’s close


The stock has a market cap of $9.0b with 40.6m shares outstanding, of which the float is 39.9m shares. Trading volume reached 211,991 shares compared to its average volume of 264,692 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Everest Re Group shares returned 0.97% and in the past 30 trading days it returned 3.24%. Over three months, it changed 8.13%. In one year it has changed -0.80% and within that year its 52-week high was 264.88 and its 52-week low was 201.09. RE stock is 10.30% above its 52 Week Low.

Our calculations show a 200 day moving average of 220.60 and a 50 day moving average of 217.50. Currently RE stock is trading 0.54% above its 200 day moving average and may be a good opportunity to buy.

Business Wire:  Everest Announces Estimated Fourth Quarter 2018 Catastrophe Losses


The last annual fiscal EPS for the company was reported at 11.16 that ended on 31st of December 2017, which according to the previous close, that is a PE of 19.87. Based on 5 analyst estimates, the consensus EPS for the next quarter is -4.56. The TTM EPS is 23.89, which comes to a TTM PE of 9.28. Historically, the PE high was 19.87 and the PE low was 5.40. If the stock reached its PE low, that would represent a price of 129.06, which is a decrease of -41.81%.

The following are the last four quarter reported earnings per share:
09-30-2018:  4.09
06-30-2018:  0.98
03-31-2018:  5.34
12-31-2017:  13.48

The dividend per share is currently 6.60, which is a dividend yield of 2.98%. Also, the payout ratio is 27.63%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 350.89, which means it is possibly undervalued and has a margin of safety of 36.79%

Indicators to Watch:

Based on the latest filings, there is 136.50% of institutional ownership. Short-interest is 878,456, which is 2.16% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.92. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.33

Business Wire:  Everest Announces Estimated Fourth Quarter 2018 Catastrophe Losses

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 12.91%, return on assets is 4.35%, profit margin is 8.70%, price-to-sales is 1.62 and price-to-book is 1.08.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 3  :Past Performance Score
 4  :Financial Strength Score
 3  :Future Growth Score
 5  :Dividend Score
 4  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.