Everest Re Group, Ltd. (NYSE:RE) is expected to pay $1.25 on Dec 14, 2016. The indicated annual dividend is $5.00. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Everest Re Group, Ltd.’s current price of $209.15, the dividend is 0.60%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 17, 2016. The stock decreased 0.25% or $0.52 on November 25, hitting $209.15. About 136,721 shares traded hands. Everest Re Group Ltd (NYSE:RE) has risen 8.13% since April 25, 2016 and is uptrending. It has outperformed by 2.11% the S&P500.
Everest Re Group, Ltd., through its subsidiaries, is engaged in the underwriting of reinsurance and insurance in the United States, Bermuda and international markets. The company has a market cap of $8.53 billion. The Company’s divisions include U.S. It has a 9.04 P/E ratio. Reinsurance segment, International segment, Bermuda segment, Insurance segment and Mt.
Insitutional Activity: The institutional sentiment decreased to 0.72 in Q2 2016. Its down 0.20, from 0.92 in 2016Q1. The ratio is negative, as 32 funds sold all Everest Re Group Ltd shares owned while 145 reduced positions. 40 funds bought stakes while 123 increased positions. They now own 37.89 million shares or 2.66% less from 38.92 million shares in 2016Q1.
Loomis Sayles Lp holds 0% or 37 shares in its portfolio. Essex Mngmt Llc has 2,125 shares for 0.06% of their US portfolio. First Advsrs Limited Partnership holds 181,137 shares or 0.1% of its portfolio. Janus Capital Mgmt Ltd Liability accumulated 0.05% or 348,228 shares. Federated Invsts Pa holds 106,718 shares or 0.06% of its portfolio. The New York-based Oppenheimer & Inc has invested 0.05% in Everest Re Group Ltd (NYSE:RE). Klingenstein Fields Lc has 1,250 shares for 0.01% of their US portfolio. Kanaly Trust Co has 0.01% invested in the company for 256 shares. Credit Suisse Ag accumulated 0.03% or 131,119 shares. Fifth Third Financial Bank reported 249 shares or 0% of all its holdings. D E Shaw & Incorporated, a New York-based fund reported 37,590 shares. Parkwood Limited Liability Corp, a Ohio-based fund reported 2,513 shares. Mizuho Tru And Communications Ltd holds 0.08% or 143,552 shares in its portfolio. Bnp Paribas Arbitrage, a New York-based fund reported 77,329 shares. Price T Rowe Assocs Incorporated Md, a Maryland-based fund reported 16,246 shares.
Insider Transactions: Since August 3, 2016, the stock had 1 buy, and 2 insider sales for $377,522 net activity. Another trade for 1,840 shares valued at $349,300 was sold by Doucette John P. On Tuesday, September 13 the insider DUNNE JOHN R sold $38,006. The insider WEBER JOHN A bought 51 shares worth $9,784.
Everest Re Group Ltd (NYSE:RE) Ratings Coverage
Out of 3 analysts covering Everest Re Group Ltd (NYSE:RE), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Everest Re Group Ltd has been the topic of 5 analyst reports since July 30, 2015 according to StockzIntelligence Inc. Barclays Capital maintained the shares of RE in a report on Tuesday, October 25 with “Overweight” rating. The stock of Everest Re Group Ltd (NYSE:RE) has “Neutral” rating given on Tuesday, November 15 by Goldman Sachs. Deutsche Bank maintained the shares of RE in a report on Thursday, May 12 with “Buy” rating.
More important recent Everest Re Group Ltd (NYSE:RE) news were published by: Nasdaq.com which released: “Everest Re Group, Ltd. (RE) Ex-Dividend Date Scheduled for November 28, 2016” on November 25, 2016, also Businesswire.com published article titled: “Everest Re Group, Ltd. Names Michael G. Kerner as Executive Vice President and …”, Fool.com published: “Everest Re Group Ltd.’s Premiums Decline in Q1” on April 26, 2016. More interesting news about Everest Re Group Ltd (NYSE:RE) was released by: Businesswire.com and their article: “Everest Re Group Announces Strategic Alliance with CGB Diversified Services …” with publication date: July 25, 2016.
RE Company Profile
Everest Re Group, Ltd., incorporated on August 26, 1999, through its subsidiaries, is engaged in the underwriting of reinsurance and insurance in the United States, Bermuda and international markets. The Firm operates in divisions: U.S. Reinsurance, International, Bermuda, Insurance segment and Mt. Logan Re. The Firm underwrites reinsurance both through brokers and directly with ceding companies. The Firm underwrites insurance principally through general agent relationships, brokers and surplus lines brokers. The Firm offers treaty and facultative reinsurance, and admitted and non-admitted insurance. The Company’s products include the range of property and casualty reinsurance, and insurance coverage’s, including marine, aviation, surety, errors and omissions liability (E&O), directors’ and officers’ liability (D&O), medical malpractice, other specialty lines, accident and health (A&H) and workers’ compensation. The Company’s subsidiaries include Everest Reinsurance (Bermuda), Ltd. (Bermuda Re), Everest International Reinsurance, Ltd., Mt. Logan Re Ltd. (Mt. Logan Re), Everest Reinsurance Company (Ireland) Limited (Ireland Re), Everest Reinsurance Company (Everest Re), Everest Insurance Company of Canada, Everest National Insurance Company, Everest Indemnity Insurance Company and Everest Security Insurance Company.
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