Everest Re Group Ltd (NYSE:RE) declared a quarterly dividend on Wednesday, November 20th, Zacks reports. Shareholders of record on Wednesday, December 4th will be paid a dividend of 1.55 per share by the insurance provider on Tuesday, December 24th. This represents a $6.20 annualized dividend and a yield of 2.29%. The ex-dividend date is Tuesday, December 3rd. This is a boost from Everest Re Group’s previous quarterly dividend of $1.40.
Shares of RE stock opened at $271.26 on Friday. The firm has a market cap of $11.12 billion, a P/E ratio of 22.25, a P/E/G ratio of 1.24 and a beta of 0.24. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.35 and a quick ratio of 0.35. Everest Re Group has a 1-year low of $201.09 and a 1-year high of $274.24. The firm has a fifty day moving average of $259.42 and a two-hundred day moving average of $253.59.
Everest Re Group (NYSE:RE) last announced its quarterly earnings data on Monday, October 28th. The insurance provider reported $3.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.07 by $1.32. The company had revenue of $2.04 billion during the quarter, compared to analyst estimates of $2.03 billion. Everest Re Group had a net margin of 5.30% and a return on equity of 5.90%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the business earned $4.09 EPS. On average, sell-side analysts expect that Everest Re Group will post 21.95 EPS for the current year.
About Everest Re Group
Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through four segments: U.S. Reinsurance, International, Bermuda, and Insurance. The U.S. Reinsurance segment writes property and casualty reinsurance; and specialty lines of business, including marine, aviation, surety, and accident and health insurance through reinsurance brokers, as well as directly with ceding companies in the United States.
Featured Article: What are the benefits of a portfolio tracker?
Receive News & Ratings for Everest Re Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everest Re Group and related companies with MarketBeat.com's FREE daily email newsletter.