The company's latest quarterly earnings report is scheduled for Tuesday, April 28th, with a consensus estimated EPS of $14.03.
Everest Re Group, Ltd. (EG) is currently priced at $348.84, showing a price increase of $5.32 (1.55%) from the previous close. The trading volume stands at $67,559, representing an 18.4% increase compared to the average.
In the latest quarterly earnings report on Tuesday, February 3rd, EG reported a consensus estimated EPS of $12.63, with a revenue estimate of $3.94 billion.
The company offers a forward dividend yield of 2.29%. The dividend per share for the most recent quarter was $0.032258, with a trailing twelve-month dividend per share of $8.
EG's cash flow indicates a net change of -$221 million, with a closing cash balance of $1.32 billion. Notable is the repurchase of common stock amounting to -$399 million.
The company generated $4.42 billion in revenue with a gross profit of $1.45 billion. Operating income stood at $622 million, resulting in a net income of $446 million and an EPS of $10.77.
Key financial ratios show a net profit margin of 10.09%, return on equity of 2.88%, and a price-to-earnings ratio of 7.88.
EG maintains total assets of $62.51 billion, with cash and cash equivalents amounting to $1.32 billion and total investments of $44.11 billion.
This comprehensive financial overview provides insights into Everest Re Group, Ltd.'s current performance and financial health.
Everest 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 the United States, Bermuda, Canada, Europe, South America, France, Germany, Spain, 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. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023. The company was founded in 1973 and is headquartered in Hamilton, Bermuda.