Everest Group, Ltd. (EG)
(Delayed Data from NYSE)
$376.19 USD
-5.47 (-1.43%)
Updated Jun 26, 2024 04:00 PM ET
After-Market: $376.36 +0.17 (0.05%) 7:30 PM ET
3-Hold of 5 3
A Value B Growth C Momentum A VGM
Company Summary
Based in Warren, NJ and established in 1999, Everest Group, a Delaware reinsurance company and a direct subsidiary of Holdings, is a property and casualty insurer and reinsurer in all states, the District of Columbia, Puerto Rico and Guam. Everest Group underwrites property and casualty reinsurance for insurance and reinsurance companies in the U.S. and international markets. As of Dec 31, 2022, the company had statutory surplus of $5.6 billion.
The company’s business strategy is to sustain its leadership position within targeted reinsurance and insurance markets, provide effective management throughout the property and casualty underwriting cycle ...
Company Summary
Based in Warren, NJ and established in 1999, Everest Group, a Delaware reinsurance company and a direct subsidiary of Holdings, is a property and casualty insurer and reinsurer in all states, the District of Columbia, Puerto Rico and Guam. Everest Group underwrites property and casualty reinsurance for insurance and reinsurance companies in the U.S. and international markets. As of Dec 31, 2022, the company had statutory surplus of $5.6 billion.
The company’s business strategy is to sustain its leadership position within targeted reinsurance and insurance markets, provide effective management throughout the property and casualty underwriting cycle and achieve an attractive return for its shareholders.
Everest Group’s products include the full range of 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 (“A&H”) and workers’ compensation.
The Company manages its reinsurance and insurance operations as autonomous units and key strategic decisions are based on the aggregate operating results and projections for these segments of business.The company reports through the following segments:
Reinsurance (73.3% of 2023 Net Written Premium) – This segment writes worldwide property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. Business is written in the U.S., Bermuda, and Ireland offices.
Insurance (26.7%) – This segment writes property and casualty insurance directly and through brokers, surplus lines brokers and general agents within the United States, Bermuda, Canada. Approximately 15% of the U.S. insurance segment comprises Director’s & Officer’s insurance written out of New York and Canada, while 20% of the segment’s book is general casualty. It also includes A&H business.
Effective Jul 10, 2023, the company changed its name to Everest Group, Ltd. from Everest Re Group, Ltd. to reflect its evolution, global growth and diversification strategy.
General Information
Everest Group, Ltd
Seon Place 4th Floor 141 Front Street PO Box HM 845
HAMILTON, D0 HM 19
Phone: 441-295-0006
Fax: 441-295-4828
Email: investor.relations@everestre.com
Industry | Insurance - Multi line |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Earnings Date | 7/31/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 17.21 |
Current Year EPS Consensus Estimate | 61.65 |
Estimated Long-Term EPS Growth Rate | 1.90 |
Earnings Date | 7/31/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 381.66 |
52 Week High | 417.92 |
52 Week Low | 331.08 |
Beta | 0.62 |
20 Day Moving Average | 206,709.84 |
Target Price Consensus | 429.09 |
4 Week | -1.75 |
12 Week | -2.61 |
YTD | 7.94 |
4 Week | -4.68 |
12 Week | -7.30 |
YTD | -5.86 |
Shares Outstanding (millions) | 43.46 |
Market Capitalization (millions) | 16,586.27 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 2.10% |
Annual Dividend | $8.00 |
Payout Ratio | 0.10 |
Change in Payout Ratio | -0.21 |
Last Dividend Payout / Amount | 5/29/2024 / $2.00 |
Fundamental Ratios
P/E (F1) | 6.19 |
Trailing 12 Months | 5.39 |
PEG Ratio | 3.35 |
vs. Previous Year | 44.30% |
vs. Previous Quarter | -35.19% |
vs. Previous Year | 25.78% |
vs. Previous Quarter | 12.95% |
Price/Book | 1.22 |
Price/Cash Flow | 6.11 |
Price / Sales | 1.07 |
3/31/24 | 24.86 |
12/31/23 | 25.05 |
9/30/23 | 21.85 |
3/31/24 | 6.36 |
12/31/23 | 6.10 |
9/30/23 | 5.00 |
3/31/24 | 0.38 |
12/31/23 | 0.37 |
9/30/23 | 0.38 |
3/31/24 | 0.38 |
12/31/23 | 0.37 |
9/30/23 | 0.38 |
3/31/24 | 19.72 |
12/31/23 | 19.04 |
9/30/23 | 15.24 |
3/31/24 | 18.69 |
12/31/23 | 17.26 |
9/30/23 | 15.57 |
3/31/24 | 16.70 |
12/31/23 | 14.77 |
9/30/23 | 17.28 |
3/31/24 | 313.59 |
12/31/23 | 304.26 |
9/30/23 | 258.72 |
3/31/24 | NA |
12/31/23 | NA |
9/30/23 | NA |
3/31/24 | 0.25 |
12/31/23 | 0.26 |
9/30/23 | 0.27 |
3/31/24 | 19.90 |
12/31/23 | 20.41 |
9/30/23 | 21.56 |