Everest Re Group (RE) Receives Daily News Impact Rating of 0.20

News coverage about Everest Re Group (NYSE:RE) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Everest Re Group earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the insurance provider an impact score of 45.5220550993011 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Everest Re Group (NYSE RE) traded down $0.87 during midday trading on Monday, reaching $228.74. 36,613 shares of the company were exchanged, compared to its average volume of 355,912. The stock has a market cap of $9,430.01, a PE ratio of 36.05, a P/E/G ratio of 1.13 and a beta of 0.59. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.33 and a current ratio of 0.33. Everest Re Group has a one year low of $208.81 and a one year high of $277.17.

Several research firms recently commented on RE. TheStreet raised shares of Everest Re Group from a “c+” rating to a “b-” rating in a report on Monday, January 22nd. Wells Fargo & Co set a $240.00 target price on shares of Everest Re Group and gave the company a “hold” rating in a report on Monday, October 30th. Zacks Investment Research raised shares of Everest Re Group from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $234.00 price target on shares of Everest Re Group in a report on Wednesday, December 6th. Finally, UBS Group raised their price target on shares of Everest Re Group from $230.00 to $245.00 and gave the stock a “neutral” rating in a report on Monday, November 6th. Eight analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Everest Re Group has an average rating of “Hold” and a consensus price target of $252.88.

In related news, Director John A. Graf purchased 2,285 shares of Everest Re Group stock in a transaction dated Monday, January 8th. The stock was purchased at an average cost of $219.07 per share, for a total transaction of $500,574.95. Following the completion of the purchase, the director now directly owns 5,550 shares of the company’s stock, valued at approximately $1,215,838.50. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director William F. Galtney, Jr. purchased 6,000 shares of Everest Re Group stock in a transaction dated Monday, November 20th. The stock was bought at an average price of $225.29 per share, with a total value of $1,351,740.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 8,323 shares of company stock valued at $1,860,654. 1.30% of the stock is owned by company insiders.

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Everest Re Group Company Profile

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 operates in segments: U.S. Reinsurance, International, Bermuda and Insurance segment. The Company underwrites reinsurance both through brokers and directly with ceding companies.

Insider Buying and Selling by Quarter for Everest Re Group (NYSE:RE)

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