Everest Group, Ltd. (EG) Stock

About Everest Group, Ltd.

Everest Group, Ltd., together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. It operates in two segment, Insurance and Reinsurance. The company writes property and casualty reinsurance; treaty and facultative reinsurance products; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies; and writes property and casualty insurance directly, as well as through brokers, surplus lines, and general agents. It provides reinsurance products comprising mortgage, catastrophe, marine, aviation, engineering, professional line, credit and surety, motor, agriculture/crop, and political violence reinsurance products. In addition, the company 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.Everest Group, Ltd., was founded in 1973 and is headquartered in Hamilton, Bermuda.

Everest Group, Ltd. is led by CEO James Williamson, employs 3,064 people, headquartered in Hamilton, BM, publicly traded since 1995.

Everest Group, Ltd. (EG) stock trades at $389.34 with a market capitalization of $15.41B. The stock is valued at a price-to-earnings (P/E) ratio of 7.17, price-to-book of 0.93, price-to-sales of 0.81. Over the past 52 weeks the stock has ranged between $302.44 and $389.34, and currently trades at its 52-week high.

On profitability, Everest Group, Ltd. generates a return on equity (ROE) of 13.82%, above the typical market average, return on capital employed of 12.64%, an operating margin of 11.28%, a net profit margin of 11.86%.

In its most recent fiscal year, Everest Group, Ltd. reported annual revenue of $17.3B, net profit of $1.6B, revenue has compounded at 12.5% a year over the last five years, profit at 25.4% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.23 — a conservative balance sheet with little leverage risk, a current ratio of 0.76, total assets of $62.5B, $1.3B in cash and equivalents.

EG has an average daily trading volume of 410,577 shares, a beta of 0.30 (less volatile than the overall market).

Official website: www.everestglobal.com